FEATURED COMPANIES
- General Motors
- Hyundai-Kia
- Renault-Nissan
- Toyota
- Volkswagen
- MORE
Passenger Car Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global passenger car market as it emerges from the COVID-19 shut down.
Reasons to Purchase
Where is the largest and fastest growing market for the passenger car? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Passenger Car market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider passenger car market, and compares it with other markets.
Markets Covered:
1) By Type: Hatchback; Sedan; Utility Vehicle
2) By Fuel Type: Gasoline; Diesel; Others
3) By Engine Capacity: < 1000 cc; < 1000-1500 cc; < 1500-2000 cc; >2000 cc
4) By Propulsion Type: IC Engine; Electric Vehicle
Companies Mentioned: Volkswagen; Toyota; General Motors; Renault-Nissan; Hyundai-Kia
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, passenger car indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report will be delivered within 1-3 business days.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for the passenger car? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Passenger Car market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider passenger car market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The passenger car market section of the report gives context. It compares the passenger car market with other segments of the motor vehicles market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, passenger car indicators comparison.
Markets Covered:
1) By Type: Hatchback; Sedan; Utility Vehicle
2) By Fuel Type: Gasoline; Diesel; Others
3) By Engine Capacity: < 1000 cc; < 1000-1500 cc; < 1500-2000 cc; >2000 cc
4) By Propulsion Type: IC Engine; Electric Vehicle
Companies Mentioned: Volkswagen; Toyota; General Motors; Renault-Nissan; Hyundai-Kia
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, passenger car indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- General Motors
- Hyundai-Kia
- Renault-Nissan
- Toyota
- Volkswagen
- MORE
1. Executive Summary
2. Report Structure
3. Passenger Car Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Passenger Car Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Passenger Car Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Passenger Car Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Passenger Car Market Trends and Strategies
8. Impact of COVID-19 on Passenger Car
9. Passenger Car Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market
10. Passenger Car Market Regional Analysis
10.1. Global Passenger Car Market, 2020, by Region, Value ($ Billion)
10.2. Global Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Passenger Car Market, Growth and Market Share Comparison, by Region
11. Passenger Car Market Segmentation
11.1. Global Passenger Car Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
< 1000 cc
< 1000-1500 cc
< 1500-2000 cc
>2000 cc
11.4. Global Passenger Car Market, Segmentation by Propulsion Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.1. Passenger Car Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Passenger Car Market Expenditure, 2015-2025, Global
13. Asia-Pacific Passenger Car Market
13.1. Asia-Pacific Passenger Car Market Overview
13.3. Asia-Pacific, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
13.4. Asia-Pacific, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
13.5. Asia-Pacific, Passenger Car Market Metrics
13.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Asia-Pacific Countries
13.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Asia-Pacific Countries
13.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Asia-Pacific Countries
13.6. Asia-Pacific Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7. Asia-Pacific Passenger Car Market: Country Analysis
13.7.1. China Passenger Car Market
13.7.1.1. China Passenger Car Market Overview
13.7.1.2. China Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.1.3. China Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2. Australia Passenger Car Market
13.7.2.1. Australia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2.2. Australia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.3. Hong Kong Passenger Car Market
13.7.3.1. Hong Kong Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4. India Passenger Car Market
13.7.4.1. India Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4.2. India Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5. Indonesia Passenger Car Market
13.7.5.1. Indonesia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5.2. Indonesia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6. Japan Passenger Car Market
13.7.6.1. Japan Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6.2. Japan Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.7. Malaysia Passenger Car Market
13.7.7.1. Malaysia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.8. New Zealand Passenger Car Market
13.7.8.1. New Zealand Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.9. Philippines Passenger Car Market
13.7.9.1. Philippines Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.10. Singapore Passenger Car Market
13.7.10.1. Singapore Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11. South Korea Passenger Car Market
13.7.11.1. South Korea Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11.2. South Korea Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.12. Thailand Passenger Car Market
13.7.12.1. Thailand Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.13. Vietnam Passenger Car Market
13.7.13.1. Vietnam Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14. Western Europe Passenger Car Market
14.1. Western Europe Passenger Car Market Overview
14.2. Western Europe, Passenger Car Market, 2020, by Country, Value ($ Billion)
14.3. Western Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
14.4. Western Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
14.5. Western Europe, Passenger Car Market Metrics
14.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Western Europe Countries
14.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Western Europe Countries
14.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Western Europe Countries
14.6. Western Europe Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Western Europe Passenger Car Market: Country Analysis
14.7.1. Austria Passenger Car Market
14.7.1.1. Austria Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Belgium Passenger Car Market
14.7.2.1. Belgium Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Denmark Passenger Car Market
14.7.3.1. Denmark Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. Finland Passenger Car Market
14.7.4.1. Finland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. France Passenger Car Market
14.7.5.1. France Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.2. France Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Germany Passenger Car Market
14.7.6.1. Germany Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.2. Germany Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Ireland Passenger Car Market
14.7.7.1. Ireland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. Italy Passenger Car Market
14.7.8.1. Italy Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Netherlands Passenger Car Market
14.7.9.1. Netherlands Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Norway Passenger Car Market
14.7.10.1. Norway Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. Portugal Passenger Car Market
14.7.11.1. Portugal Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Spain Passenger Car Market
14.7.12.1. Spain Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Sweden Passenger Car Market
14.7.13.1. Sweden Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.14. Switzerland Passenger Car Market
14.7.14.1. Switzerland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15. UK Passenger Car Market
14.7.15.1. UK Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15.2. UK Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Eastern Europe Passenger Car Market
15.1. Eastern Europe Passenger Car Market Overview
15.2. Eastern Europe, Passenger Car Market, 2020, by Country, Value ($ Billion)
15.3. Eastern Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
15.4. Eastern Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
15.5. Eastern Europe, Passenger Car Market Metrics
15.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Eastern Europe Countries
15.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Eastern Europe Countries
15.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Eastern Europe Countries
15.6. Eastern Europe Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Eastern Europe Passenger Car Market: Country Analysis
15.7.1. Czech Republic Passenger Car Market,
15.7.1.1. Czech Republic Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Poland Passenger Car Market
15.7.2.1. Poland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Romania Passenger Car Market
15.7.3.1. Romania Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Russia Passenger Car Market
15.7.4.1. Russia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4.2. Russia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. North America Passenger Car Market
16.1. North America Passenger Car Market Overview
16.2. North America, Passenger Car Market, 2020, by Country, Value ($ Billion)
16.3. North America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
16.4. North America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
16.5. North America, Passenger Car Market Metrics
16.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, North America Countries
16.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, North America Countries
16.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, North America Countries
16.6. North America Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. North America Passenger Car Market: Country Analysis
16.7.1. Canada Passenger Car Market
16.7.1.1. Canada Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Mexico Passenger Car Market
16.7.2.1. Mexico Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. USA Passenger Car Market
16.7.3.1. USA Passenger Car Market Overview
16.7.3.2. USA Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3.3. USA Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. South America Passenger Car Market
17.1. South America Passenger Car Market Overview
17.2. South America, Passenger Car Market, 2020, by Country, Value ($ Billion)
17.3. South America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
17.4. South America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
17.5. South America, Passenger Car Market Metrics
17.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, South America Countries
17.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, South America Countries
17.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, South America Countries
17.6. South America Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. South America Passenger Car Market: Country Analysis
17.7.1. Argentina Passenger Car Market
17.7.1.1. Argentina Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Brazil Passenger Car Market
17.7.1.1. Brazil Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2.2. Brazil Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. Chile Passenger Car Market
17.7.3.1. Chile Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.4. Colombia Passenger Car Market
17.7.4.1. Colombia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.5. Peru Passenger Car Market
17.7.5.1. Peru Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.6. Venezuela Passenger Car Market
17.7.6.1. Venezuela Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. Middle East Passenger Car Market
18.1. Middle East Passenger Car Market Overview
18.2. Middle East, Passenger Car Market, 2020, by Country, Value ($ Billion)
18.3. Middle East, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
18.4. Middle East, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
18.5. Middle East, Passenger Car Market Metrics
18.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Middle East Countries
18.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Middle East Countries
18.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Middle East Countries
18.6. Middle East Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. Middle East Passenger Car Market: Country Analysis
18.7.1. Saudi Arabia Passenger Car Market
18.7.1.1. Saudi Arabia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Israel Passenger Car Market
18.7.2.1. Israel Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Turkey Passenger Car Market
18.7.3.1. Turkey Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. UAE Passenger Car Market
18.7.4.1. UAE Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Africa Passenger Car Market
19.1. Africa Passenger Car Market Overview
19.2. Africa, Passenger Car Market, 2020, by Country, Value ($ Billion)
19.3. Africa, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
19.4. Africa, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
19.5. Africa, Passenger Car Market Metrics
19.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Africa Countries
19.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Africa Countries
19.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Africa Countries
19.6. Africa Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Africa Passenger Car Market: Country Analysis
19.7.1. Egypt Passenger Car Market
19.7.1.1. Egypt Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Nigeria Passenger Car Market
19.7.2.1. Nigeria Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. South Africa Passenger Car Market
19.7.3.1. South Africa Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Passenger Car Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Volkswagen
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Toyota
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. General Motors
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Renault-Nissan
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Hyundai-Kia
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance
21. Key Mergers and Acquisitions in the Passenger Car Market
22. Market Background: Motor Vehicles Market
22.1. Motor Vehicles Market Characteristics
22.2. Motor Vehicles Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Motor Vehicles Market, 2020, by Region, Value ($ Billion)
22.4. Global Motor Vehicles Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Motor Vehicles Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)
23. Recommendations
23.1. Global Passenger Car Market in 2025 - Growth Countries
23.2. Global Passenger Car Market in 2025 - Growth Segments
23.3. Global Passenger Car Market in 2025 - Growth Strategies
24. Appendix
24.1. NAICS Definitions of Industry Covered in this Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher
25. Copyright and Disclaimer
2. Report Structure
3. Passenger Car Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Passenger Car Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Passenger Car Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Passenger Car Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Passenger Car Market Trends and Strategies
8. Impact of COVID-19 on Passenger Car
9. Passenger Car Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market
10. Passenger Car Market Regional Analysis
10.1. Global Passenger Car Market, 2020, by Region, Value ($ Billion)
10.2. Global Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Passenger Car Market, Growth and Market Share Comparison, by Region
11. Passenger Car Market Segmentation
11.1. Global Passenger Car Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Hatchback
- Sedan
- Utility Vehicle
- Gasoline
- Diesel
- Others
< 1000 cc
< 1000-1500 cc
< 1500-2000 cc
>2000 cc
11.4. Global Passenger Car Market, Segmentation by Propulsion Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- IC Engine
- Electric Vehicle
12.1. Passenger Car Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Passenger Car Market Expenditure, 2015-2025, Global
13. Asia-Pacific Passenger Car Market
13.1. Asia-Pacific Passenger Car Market Overview
- Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
13.3. Asia-Pacific, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
13.4. Asia-Pacific, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
13.5. Asia-Pacific, Passenger Car Market Metrics
13.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Asia-Pacific Countries
13.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Asia-Pacific Countries
13.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Asia-Pacific Countries
13.6. Asia-Pacific Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7. Asia-Pacific Passenger Car Market: Country Analysis
13.7.1. China Passenger Car Market
13.7.1.1. China Passenger Car Market Overview
13.7.1.2. China Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.1.3. China Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2. Australia Passenger Car Market
13.7.2.1. Australia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.2.2. Australia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.3. Hong Kong Passenger Car Market
13.7.3.1. Hong Kong Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4. India Passenger Car Market
13.7.4.1. India Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.4.2. India Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5. Indonesia Passenger Car Market
13.7.5.1. Indonesia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.5.2. Indonesia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6. Japan Passenger Car Market
13.7.6.1. Japan Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.6.2. Japan Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.7. Malaysia Passenger Car Market
13.7.7.1. Malaysia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.8. New Zealand Passenger Car Market
13.7.8.1. New Zealand Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.9. Philippines Passenger Car Market
13.7.9.1. Philippines Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.10. Singapore Passenger Car Market
13.7.10.1. Singapore Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11. South Korea Passenger Car Market
13.7.11.1. South Korea Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.11.2. South Korea Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.12. Thailand Passenger Car Market
13.7.12.1. Thailand Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13.7.13. Vietnam Passenger Car Market
13.7.13.1. Vietnam Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14. Western Europe Passenger Car Market
14.1. Western Europe Passenger Car Market Overview
14.2. Western Europe, Passenger Car Market, 2020, by Country, Value ($ Billion)
14.3. Western Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
14.4. Western Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
14.5. Western Europe, Passenger Car Market Metrics
14.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Western Europe Countries
14.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Western Europe Countries
14.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Western Europe Countries
14.6. Western Europe Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Western Europe Passenger Car Market: Country Analysis
14.7.1. Austria Passenger Car Market
14.7.1.1. Austria Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Belgium Passenger Car Market
14.7.2.1. Belgium Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Denmark Passenger Car Market
14.7.3.1. Denmark Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. Finland Passenger Car Market
14.7.4.1. Finland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. France Passenger Car Market
14.7.5.1. France Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5.2. France Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Germany Passenger Car Market
14.7.6.1. Germany Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6.2. Germany Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Ireland Passenger Car Market
14.7.7.1. Ireland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. Italy Passenger Car Market
14.7.8.1. Italy Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Netherlands Passenger Car Market
14.7.9.1. Netherlands Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Norway Passenger Car Market
14.7.10.1. Norway Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. Portugal Passenger Car Market
14.7.11.1. Portugal Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Spain Passenger Car Market
14.7.12.1. Spain Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Sweden Passenger Car Market
14.7.13.1. Sweden Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.14. Switzerland Passenger Car Market
14.7.14.1. Switzerland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15. UK Passenger Car Market
14.7.15.1. UK Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.15.2. UK Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Eastern Europe Passenger Car Market
15.1. Eastern Europe Passenger Car Market Overview
15.2. Eastern Europe, Passenger Car Market, 2020, by Country, Value ($ Billion)
15.3. Eastern Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
15.4. Eastern Europe, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
15.5. Eastern Europe, Passenger Car Market Metrics
15.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Eastern Europe Countries
15.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Eastern Europe Countries
15.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Eastern Europe Countries
15.6. Eastern Europe Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Eastern Europe Passenger Car Market: Country Analysis
15.7.1. Czech Republic Passenger Car Market,
15.7.1.1. Czech Republic Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Poland Passenger Car Market
15.7.2.1. Poland Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Romania Passenger Car Market
15.7.3.1. Romania Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Russia Passenger Car Market
15.7.4.1. Russia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4.2. Russia Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. North America Passenger Car Market
16.1. North America Passenger Car Market Overview
16.2. North America, Passenger Car Market, 2020, by Country, Value ($ Billion)
16.3. North America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
16.4. North America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
16.5. North America, Passenger Car Market Metrics
16.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, North America Countries
16.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, North America Countries
16.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, North America Countries
16.6. North America Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. North America Passenger Car Market: Country Analysis
16.7.1. Canada Passenger Car Market
16.7.1.1. Canada Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Mexico Passenger Car Market
16.7.2.1. Mexico Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. USA Passenger Car Market
16.7.3.1. USA Passenger Car Market Overview
16.7.3.2. USA Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3.3. USA Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. South America Passenger Car Market
17.1. South America Passenger Car Market Overview
17.2. South America, Passenger Car Market, 2020, by Country, Value ($ Billion)
17.3. South America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
17.4. South America, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
17.5. South America, Passenger Car Market Metrics
17.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, South America Countries
17.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, South America Countries
17.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, South America Countries
17.6. South America Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. South America Passenger Car Market: Country Analysis
17.7.1. Argentina Passenger Car Market
17.7.1.1. Argentina Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Brazil Passenger Car Market
17.7.1.1. Brazil Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2.2. Brazil Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. Chile Passenger Car Market
17.7.3.1. Chile Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.4. Colombia Passenger Car Market
17.7.4.1. Colombia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.5. Peru Passenger Car Market
17.7.5.1. Peru Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.6. Venezuela Passenger Car Market
17.7.6.1. Venezuela Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. Middle East Passenger Car Market
18.1. Middle East Passenger Car Market Overview
18.2. Middle East, Passenger Car Market, 2020, by Country, Value ($ Billion)
18.3. Middle East, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
18.4. Middle East, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
18.5. Middle East, Passenger Car Market Metrics
18.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Middle East Countries
18.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Middle East Countries
18.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Middle East Countries
18.6. Middle East Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. Middle East Passenger Car Market: Country Analysis
18.7.1. Saudi Arabia Passenger Car Market
18.7.1.1. Saudi Arabia Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Israel Passenger Car Market
18.7.2.1. Israel Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Turkey Passenger Car Market
18.7.3.1. Turkey Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. UAE Passenger Car Market
18.7.4.1. UAE Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Africa Passenger Car Market
19.1. Africa Passenger Car Market Overview
19.2. Africa, Passenger Car Market, 2020, by Country, Value ($ Billion)
19.3. Africa, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
19.4. Africa, Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
19.5. Africa, Passenger Car Market Metrics
19.5.1. Per Capita Average Passenger Car Expenditure, 2015-2025, Africa Countries
19.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2020, Africa Countries
19.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2020, Africa Countries
19.6. Africa Passenger Car Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Africa Passenger Car Market: Country Analysis
19.7.1. Egypt Passenger Car Market
19.7.1.1. Egypt Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Nigeria Passenger Car Market
19.7.2.1. Nigeria Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. South Africa Passenger Car Market
19.7.3.1. South Africa Passenger Car Market, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Passenger Car Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Volkswagen
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Toyota
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. General Motors
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Renault-Nissan
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Hyundai-Kia
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance
21. Key Mergers and Acquisitions in the Passenger Car Market
22. Market Background: Motor Vehicles Market
22.1. Motor Vehicles Market Characteristics
22.2. Motor Vehicles Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Motor Vehicles Market, 2020, by Region, Value ($ Billion)
22.4. Global Motor Vehicles Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Motor Vehicles Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)
23. Recommendations
23.1. Global Passenger Car Market in 2025 - Growth Countries
23.2. Global Passenger Car Market in 2025 - Growth Segments
23.3. Global Passenger Car Market in 2025 - Growth Strategies
24. Appendix
24.1. NAICS Definitions of Industry Covered in this Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher
25. Copyright and Disclaimer
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- General Motors
- Hyundai-Kia
- Renault-Nissan
- Toyota
- Volkswagen
- MORE
Major companies in the passenger car market include Volkswagen; Toyota; General Motors; Renault-Nissan and Hyundai-Kia.
The global passenger car market is expected to grow from $1321.74 billion in 2020 to $1445.1 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1988.72 billion in 2025 at a CAGR of 8%.
The passenger car market consists of sales of passenger cars or passenger car chassis and related services by entities (organizations, sole traders and partnerships) that produce complete automobiles (with body and chassis) or produce automobile chassis only. The passenger car market is segmented into hatchback; sedan and utility vehicle.
Asia Pacific was the largest region in the global passenger car market, accounting for 46% of the market in 2020. Western Europe was the second largest region accounting for 22% of the global passenger car market. Africa was the smallest region in the global passenger car market.
Additive manufacturing is continuously evolving and automobile manufacturers are now using 3D printing technology to reduce production time and costs. 3D printing creates a three-dimensional physical object using a digital design. It is being used to build prototypes of cars, concept models, design verification and functional parts used in test vehicles and engines. Automobile manufacturers are also using 3D printing to build a variety of tools, jigs and fixtures used in assembly and manufacturing processes. 3D printing helps in rapid prototyping, increases assembly line efficiency, lowers turnaround time, improves flexibility in design and reduces wastage of materials.
The global passenger car market is expected to grow from $1321.74 billion in 2020 to $1445.1 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1988.72 billion in 2025 at a CAGR of 8%.
The passenger car market consists of sales of passenger cars or passenger car chassis and related services by entities (organizations, sole traders and partnerships) that produce complete automobiles (with body and chassis) or produce automobile chassis only. The passenger car market is segmented into hatchback; sedan and utility vehicle.
Asia Pacific was the largest region in the global passenger car market, accounting for 46% of the market in 2020. Western Europe was the second largest region accounting for 22% of the global passenger car market. Africa was the smallest region in the global passenger car market.
Additive manufacturing is continuously evolving and automobile manufacturers are now using 3D printing technology to reduce production time and costs. 3D printing creates a three-dimensional physical object using a digital design. It is being used to build prototypes of cars, concept models, design verification and functional parts used in test vehicles and engines. Automobile manufacturers are also using 3D printing to build a variety of tools, jigs and fixtures used in assembly and manufacturing processes. 3D printing helps in rapid prototyping, increases assembly line efficiency, lowers turnaround time, improves flexibility in design and reduces wastage of materials.
Note: Product cover images may vary from those shown
- Volkswagen
- Toyota
- General Motors
- Renault-Nissan
- Hyundai-Kia
Note: Product cover images may vary from those shown
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