Passenger Cars: Global Strategic Business Report

Report
291 Pages
December 2023
Region: Global
Global Industry Analysts, Inc
ID: 338922

Quick Summary:

As global industries continue to evolve, the global passenger cars market demonstrates unprecedented resilience and growth potential, estimated to reach 65 million units by 2030 from 48 million in 2022. To empower investors, strategists, and decision makers, this market research report offers comprehensive insights, enabling them to leverage emerging opportunities and craft sustainable strategies.

The report further underscores pivotal geographic markets – the U.S., China, Japan, Canada and Germany – and their individual growth predictions, along with a detailed appraisal of the competitive landscape. Navigate the intricacies of this growing sector with an expert lens, profiting from an in-depth analysis of top industry players like BMW Group, Daimler AG, and Toyota Motor Corporation, among others. Special features include access to digital archives, online interactivity for bespoke updates, and complimentary updates for a year. Empower your business strategy with this invaluable resource in the global passenger cars market.

Global Passenger Cars Market to Reach 65 Million Units by 2030

The global market for Passenger Cars estimated at 48 Million Units in the year 2022, is projected to reach a revised size of 65 Million Units by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.

The U.S. Market is Estimated at 13.1 Million Units, While China is Forecast to Grow at 6.5% CAGR

The Passenger Cars market in the U.S. is estimated at 13.1 Million Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 13.3 Million Units by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.

Select Competitors (Total 56 Featured) -

Adam Opel AG
American Honda Motor Co., Inc.
Audi AG
Bayerische Motoren Werke AG (BMW GROUP)
Beijing Automotive Group Co., Ltd.
Cadillac
Daihatsu Motor Co., Ltd.
Daimler AG
Dongfeng Motor Corporation
Dr. Ing. HCF Porsche AG
Ferrari SpA
General Motors Company
Haima Automobile International Corporation
Hindustan Motors Ltd.
Honda Motor Co., Ltd.
Hyundai Motor Company
Infiniti Motor Company Ltd.
Kia Motors Corporation
Mahindra & Mahindra Ltd.
Maruti Suzuki India Ltd.
Mazda Motor Corporation
Mitsubishi Motors Corporation
Nissan Motor Co., Ltd.
PSA Peugeot Citroen
Renault Group
Tata Motors Ltd.
Toyota Motor Corporation
Volkswagen AG
Volvo Car Corporation

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Passenger Cars - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR
Table 3: World 18-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
Table 4: World Passenger Cars Market Analysis of Annual Sales in Units for Years 2012 through 2030

III. MARKET ANALYSIS

UNITED STATES

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
Table 5: USA Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 6: USA Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

CANADA

Table 7: Canada Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 8: Canada Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

JAPAN

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Table 9: Japan Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 10: Japan Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

CHINA

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Table 11: China Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 12: China Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

EUROPE

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Table 13: Europe Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2022 through 2030 and % CAGR
Table 14: Europe Historic Review for Passenger Cars by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR
Table 15: Europe 18-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2023 & 2030

FRANCE

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Table 16: France Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 17: France Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

GERMANY

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Table 18: Germany Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 19: Germany Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

ITALY

Table 20: Italy Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 21: Italy Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

UNITED KINGDOM

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 22: UK Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 23: UK Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

SPAIN

Table 24: Spain Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 25: Spain Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

RUSSIA

Table 26: Russia Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 27: Russia Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

REST OF EUROPE

Table 28: Rest of Europe Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 29: Rest of Europe Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

ASIA-PACIFIC

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2022 through 2030 and % CAGR
Table 31: Asia-Pacific Historic Review for Passenger Cars by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR
Table 32: Asia-Pacific 18-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2023 & 2030

AUSTRALIA

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
Table 33: Australia Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 34: Australia Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

INDIA

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
Table 35: India Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 36: India Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

SOUTH KOREA

Table 37: South Korea Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 38: South Korea Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

REST OF ASIA-PACIFIC

Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 40: Rest of Asia-Pacific Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

LATIN AMERICA

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
Table 41: Latin America Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2022 through 2030 and % CAGR
Table 42: Latin America Historic Review for Passenger Cars by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR
Table 43: Latin America 18-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2023 & 2030

ARGENTINA

Table 44: Argentina Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 45: Argentina Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

BRAZIL

Table 46: Brazil Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 47: Brazil Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

MEXICO

Table 48: Mexico Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 49: Mexico Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

REST OF LATIN AMERICA

Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 51: Rest of Latin America Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

MIDDLE EAST

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
Table 52: Middle East Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2022 through 2030 and % CAGR
Table 53: Middle East Historic Review for Passenger Cars by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR
Table 54: Middle East 18-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2023 & 2030

IRAN

Table 55: Iran Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 56: Iran Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

ISRAEL

Table 57: Israel Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 58: Israel Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

SAUDI ARABIA

Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 60: Saudi Arabia Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

UNITED ARAB EMIRATES

Table 61: UAE Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 62: UAE Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

REST OF MIDDLE EAST

Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 64: Rest of Middle East Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

AFRICA

Passenger Cars Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Table 65: Africa Recent Past, Current & Future Analysis for Passenger Cars by Segment - Passenger Cars - Independent Analysis of Annual Sales in Units for the Years 2022 through 2030 and % CAGR
Table 66: Africa Historic Review for Passenger Cars by Segment - Passenger Cars Markets - Independent Analysis of Annual Sales in Units for Years 2012 through 2021 and % CAGR

IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

Adam Opel AG
American Honda Motor Co., Inc.
Audi AG
Bayerische Motoren Werke AG (BMW GROUP)
Beijing Automotive Group Co., Ltd.
Cadillac
Daihatsu Motor Co., Ltd.
Daimler AG
Dongfeng Motor Corporation
Dr. Ing. HCF Porsche AG
Ferrari SpA
General Motors Company
Haima Automobile International Corporation
Hindustan Motors Ltd.
Honda Motor Co., Ltd.
Hyundai Motor Company
Infiniti Motor Company Ltd.
Kia Motors Corporation
Mahindra & Mahindra Ltd.
Maruti Suzuki India Ltd.
Mazda Motor Corporation
Mitsubishi Motors Corporation
Nissan Motor Co., Ltd.
PSA Peugeot Citroen
Renault Group
Tata Motors Ltd.
Toyota Motor Corporation
Volkswagen AG
Volvo Car Corporation

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Quick Summary:

Global Passenger Cars Market to Reach 65 Million Units by 2030

The U.S. Market is Estimated at 13.1 Million Units, While China is Forecast to Grow at 6.5% CAGR

Select Competitors (Total 56 Featured) -

What's New?

Table of Contents

Companies Mentioned

Related Topics

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