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Global Light Vehicle Market with Focus on Premium Segment (by Vehicle Type, Fuel Type, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)

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    Report

  • 168 Pages
  • October 2023
  • Region: Global
  • Koncept Analytics
  • ID: 5895039
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According to the International Organization of Motor Vehicle Manufacturers, light vehicles include passenger automobiles and light commercial vehicles. Due to the growing acceptance of electric vehicles and advancements in modern metal alloys, there has been an increase in demand for light vehicle production in recent years resulting from the automotive industry's constant search for cutting-edge materials to help reduce vehicle weight and achieve fuel efficiency and carbon emission targets.

A premium car is one that offers more comfort, equipment, amenities, quality, performance, and prestige for a greater price than a standard car. The global market for premium vehicles has grown dramatically in recent years, owing to a shift in customer tastes from sedans to SUVs and rising consumer disposable incomes. The global light vehicle market production is likely to reach 91.76 million units in 2023, progressing at a CAGR of 10.20%, during the forecasted period. In addition, the global premium vehicle production is forecasted to reach 11.31 million units in 2023, witnessing growth at a CAGR of 8.28%, during the projected period.

Segment Covered

By Vehicle Type: On the basis of type, the report provides the bifurcation of global light vehicle market by production into two segments: passenger cars, and light commercial vehicle. The passenger cars segment is the fastest growing segment with a significant CAGR during forecast period, due to attributes like their small size, stylish design, and affordable prices.

By Segment: In terms of segment, the report identifies two segments of the global light vehicle market production: Mass and Premium segments. The dominant share of global light vehicle market production was being held by mass, followed by premium, owing to its popularity among the middle-class population due to its affordable prices. Further, the premium vehicle market production can be segmented on the basis of vehicle type (SUV, Sedan, and Hatchback), and fuel type (Gasoline, Diesel, and Electric segments). The SUV segment held almost half of the share of the global premium light vehicle market production.

Geographic Coverage

According to this report, the global market production can be divided into four major regions: Asia Pacific, Europe, North America, and Rest of the World. The countries covered in North America region are the US, Mexico, and Canada, while Europe includes Germany, Spain, France, UK, and rest of Europe. Moreover, China, Japan, India, and Rest of Asia Pacific are included in the Asia Pacific region. Asia Pacific accounted for the largest share in the global light vehicle market production. The production for light vehicles in Asia Pacific has recently been predominantly driven by higher labor productivity and the supply and low cost of skilled labor. Moreover, the increased development, commercial and government investments, as well as FDI involvement, would help the region to boom even further. While, for the global premium light vehicle market, Europe accounted for the maximum share, owing to Europe's larger base of luxury brands such as BMW, Audi, Porsche and Mercedes-Benz, and the growth of safety technology, which are making luxury vehicles safer and more dependable on the road.

Top Impacting Factors

Growth Drivers

  • Rising Number of High Net Worth Individuals (HNWIs)
  • Shift in Technological Advancements
  • Increasing Use of Solar Automobiles
  • Rising Demand for SUVs

Challenges

  • Increase in Prices of Materials
  • Difficulty in Maintenance of Light Weight Materials

Trends

  • Involvement of Artificial Intelligence
  • Upsurge in Use of Electric Vehicles
  • Increase in Use of Light Weight Material
  • Integration Of Big Data And Business Analytics with Automobile Industry

Driver: Rising Number of High Net Worth Individuals (HNWIs)

The increase in the density of millionaires was accompanied by a significant increase in the number of adults in the wealthiest classes. As a result of this increase, high-net-worth individuals are more focused on purchasing anything that provides them with comfort and security, regardless of the product's price. As a result, the HNWI concentrates on the premium category of the light vehicle, which shows their status and class. As a result, with the rising number of HNWIs, the light vehicle market, in particular the premium cars would grow.

Challenge: Increase in Prices of Materials

Light weighting typically raises manufacturing costs regardless of material costs when compared to heavier metals, due to costs associated with changing production lines to handle light weighting combined with learning curve labor costs when beginning to deal with lightweight materials. Manufacturers are increasingly focusing on light weighing and on premium products. As a result, the cost of light-weight materials would rise. Carbon fiber therein with the highest weight reduction potential but also by far the highest cost. The industrialization of carbon fiber may yield a cost decrease, thereby making it significantly more attractive. Carbon fiber is currently the most discussed lightweight material due to its high potential for weight reduction in certain applications. But current costs are enormous and prohibit high penetration. Over the next two decades, however, a significant cost decline for automotive carbon fiber applications.

Trend: Upsurge in Use of Electric Vehicles

All-electric cars (EVs), also known as battery electric vehicles, store the electrical energy that powers the engine in a rechargeable battery. The vehicle's electric battery is charged by hooking it into an electric power source. Despite the fact that power generation contributes to air pollution, the EPA classifies all-electric vehicles as zero-emission vehicles because they emit no direct exhaust or tailpipe emissions. Electric vehicles, or EVs, are becoming increasingly popular around the world, and they are still evolving. Many of the current manufacturers are looking to the future and are building or planning to produce high-powered electric automobiles that can easily compete with the greatest gasoline-powered vehicles.

The COVID-19 Analysis

The COVID-19 pandemic has had a negative influence on the light vehicle industry, attributed to reduced showroom traffic, supply chain affected by the worldwide lockdown, etc. However, the premium car class may fare better than the mass-market passenger vehicle segment. As purchase decisions for premium vehicles by high-net-worth individuals may have been postponed rather than cancelled.

Analysis of Key Players

The market for light vehicles is largely dominated by automobile manufacturers. They also have an established working relationship with significant composite manufacturing firms. Many OEMs are adding electric vehicles to their model lineups in response to the demand for sustainability and fewer emissions to protect the environment. The industry wants to invest in and create electric vehicles that have the best balance of power and distance between fill-ups. Further, key players of the light vehicle market with focus on premium segment are Tesla, Inc., Mercedes-Benz Group AG, Volkswagen Group, Bayerische Motoren Werke AG, General Motors Co., Toyota Motor Corporation, Ford Motor Company, Aston Martin Lagonda Global Holdings PLC, Exor N.V. (Ferrari N.V.), McLaren Group, Stellantis N.V., and Zhejiang Geely Holding Group Co., Ltd.

Table of Contents


1. Executive Summary
2. Introduction
2.1 Light Vehicle: An Overview
2.1.1 Definition of Light Vehicle
2.1.2 Light Weight Materials in Light Weight Vehicles
2.2 Premium Car: An Overview
2.2.1 Definition of Premium Car
2.3 Light Vehicle Segmentation: An Overview
2.3.1 Light Vehicle Segmentation
3. Global Market Analysis
3.1 Global Light Vehicle Market: An Analysis
3.1.1 Global Light Vehicle Market by Production: An Overview
3.1.2 Global Light Vehicle Market by Production
3.1.3 Global Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
3.1.4 Global Light Vehicle Market Production by Segment (Mass and Premium)
3.1.5 Global Light Vehicle Market Production by Region (Asia Pacific, Europe, North America, and Rest of the World)
3.2 Global Light Vehicle Market: Vehicle Type Analysis
3.2.1 Global Light Vehicle Market Production by Vehicle Type: An Overview
3.2.2 Global Passenger Light Vehicle Car Market by Production
3.2.3 Global Light Commercial Vehicle Market by Production
3.3 Global Light Vehicle Market: Segment Analysis
3.3.1 Global Light Vehicle Market Production by Segment: An Overview
3.3.2 Global Mass Light Vehicle Market by Production
3.3.3 Global Premium Light Vehicle Market by Production
3.3.4 Global Premium Light Vehicle Market Production by Vehicle Type (SUV, Sedan, and Hatchback)
3.3.5 Global Premium Light Vehicle Market Production by Fuel Type (Gasoline, Diesel, and Electric segments)
3.3.6 Global Premium Light Vehicle Market Production by Region (Europe, Asia Pacific, North America, and Rest of the World)
3.4 Global Premium Light Vehicle Market: Vehicle Type Analysis
3.4.1 Global Premium Light Vehicle Market by Vehicle Type: An Overview
3.4.2 Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
3.4.3 Global Sedan Premium Light Vehicle Market by Production
3.4.4 Global Hatchback Premium Light Vehicle Market by Production
3.5 Global Premium Light Vehicle Market: Fuel Type Analysis
3.5.1 Global Premium Light Vehicle Market Production by Fuel Type: An Overview
3.5.2 Global Gasoline Premium Light Vehicle Market by Production
3.5.3 Global Diesel Premium Light Vehicle Market by Production
3.5.4 Global Electric Premium Light Vehicle Market by Production
4. Regional Market Analysis
4.1 Asia Pacific Light Vehicle Market: An Analysis
4.1.1 Asia Pacific Light Vehicle Market by Production: An Overview
4.1.2 Asia Pacific Light Vehicle Market by Production
4.1.3 Asia Pacific Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
4.1.4 Asia Pacific Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
4.1.5 China Light Vehicle Market by Production
4.1.6 Japan Light Vehicle Market by Production
4.1.7 India Light Vehicle Market by Production
4.1.8 Rest of Asia Pacific Light Vehicle Market by Production
4.2 Asia Pacific Premium Light Vehicle Market: An Analysis
4.2.1 Asia Pacific Premium Light Vehicle Market by Production: An Overview
4.2.2 Asia Pacific Premium Light Vehicle Market by Production
4.2.3 Asia Pacific Premium Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
4.2.4 China Premium Light Vehicle Market by Production
4.2.5 Japan Premium Light Vehicle Market by Production
4.2.6 India Premium Light Vehicle Market by Production
4.2.7 Rest of Asia Pacific Premium Light Vehicle Market by Production
4.3 Europe Light Vehicle Market: An Analysis
4.3.1 Europe Light Vehicle Market by Production: An Overview
4.3.2 Europe Light Vehicle Market by Production
4.3.3 Europe Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
4.3.4 Europe Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
4.3.5 Germany Light Vehicle Market by Production
4.3.6 Spain Light Vehicle Market by Production
4.3.7 France Light Vehicle Market by Production
4.3.8 UK Light Vehicle Market by Production
4.3.9 Rest of Europe Light Vehicle Market by Production
4.4 Europe Premium Light Vehicle Market: An Analysis
4.4.1 Europe Premium Light Vehicle Market by Production: An Overview
4.4.2 Europe Premium Light Vehicle Market by Production
4.4.3 Europe Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
4.4.4 Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
4.4.5 Europe Other Premium Light Vehicle Market by Production
4.4.6 Europe Premium Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
4.4.7 Germany Premium Light Vehicle Market by Production
4.4.8 Spain Premium Light Vehicle Market by Production
4.4.9 France Premium Light Vehicle Market by Production
4.4.10 UK Premium Light Vehicle Market by Production
4.4.11 Rest of Europe Premium Light Vehicle Market by Production
4.5 North America Light Vehicle Market: An Analysis
4.5.1 North America Light Vehicle Market by Production: An Overview
4.5.2 North America Light Vehicle Market by Production
4.5.3 North America Light Vehicle Market Production by Vehicle Type (Light Commercial Vehicle, And Passenger Cars)
4.5.4 North America Light Vehicle Market Production by Region (The US, Mexico, and Canada)
4.5.5 The US Light Vehicle Market by Production
4.5.6 Mexico Light Vehicle Market by Production
4.5.7 Canada Light Vehicle Market by Production
4.6 North America Premium Light Vehicle Market: An Analysis
4.6.1 North America Premium Light Vehicle Market by Production: An Overview
4.6.2 North America Premium Light Vehicle Market by Production
4.6.3 North America Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
4.6.4 North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
4.6.5 North America Other Premium Light Vehicle Market by Production
4.6.6 North America Premium Light Vehicle Market Production by Region (The US, Canada, and Mexico)
4.6.7 The US Premium Light Vehicle Market by Production
4.6.8 Canada Premium Light Vehicle Market by Production
4.6.9 Mexico Premium Light Vehicle Market by Production
4.7 Rest of the World Light Vehicle Market: An Analysis
4.7.1 Rest of the World Light Vehicle Market by Production: An Overview
4.7.2 Rest of the World Light Vehicle Market by Production
4.8 Rest of the World Premium Light Vehicle Market: An Analysis
4.8.1 Rest of the World Premium Light Vehicle Market by Production: An Overview
4.8.2 Rest of the World Premium Light Vehicle Market by Production
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Unemployment
5.1.2 Impact of COVID-19 on Light Vehicle Average Age
5.2 Post-COVID-19 Impact on Global Light Vehicle Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Rising Disposable Income
6.1.2 Rapid Urbanization
6.1.3 Rising Number of High-Net-Worth Individuals (HNWIs)
6.1.4 Rising Female Population
6.1.5 Shift in Technological Advancements
6.1.6 Increasing Use of Solar Automobiles
6.1.7 Rising Demand for SUVs
6.2 Challenges
6.2.1 Increase in Prices of Materials
6.2.2 Difficulty in Maintenance of Light Weight Materials
6.3 Market Trends
6.3.1 Involvement of Artificial Intelligence
6.3.2 Upsurge in Use of Electric Vehicles
6.3.3 Increase in Use of Light Weight Material
6.3.4 Reshaping Premium Vehicles as Per Market’s Preference
6.3.5 Integration of Big Data and Business Analytics with Automobile Industry
7. Competitive Landscape
7.1 Global Light Premium Vehicle Players by Market Share
8. Company Profiles
8.1 Bayerische Motoren Werke AG
8.1.1 Business Overview
8.1.2 Business Segment
8.1.3 Business Strategy
8.2 Mercedes-Benz Group AG
8.2.1 Business Overview
8.2.2 Operating Division
8.2.3 Business Strategy
8.3 Tesla, Inc.
8.3.1 Business Overview
8.3.2 Operating Segment
8.3.3 Business Strategy
8.4 Volkswagen Group
8.4.1 Business Overview
8.4.2 Operating Segment
8.4.3 Business Strategy
8.5 General Motors Co.
8.5.1 Business Overview
8.5.2 Operating Segment
8.5.3 Business Strategy
8.6 Toyota Motor Corporation
8.6.1 Business Overview
8.6.2 Operating Segment
8.6.3 Business Strategy
8.7 Ford Motor Company
8.7.1 Business Overview
8.7.2 Operating Segment
8.7.3 Business Strategy
8.8 Stellantis NV
8.8.1 Business Overview
8.8.2 Operating Segment
8.8.3 Business Strategy
8.9 Zhejiang Geely Holding Group Co., Ltd.
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Aston Martin Lagonda Global Holdings PLC
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 Exor N.V. (Ferrari N.V.)
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 McLaren Group
8.12.1 Business Overview
8.12.2 Business Strategy
List of Charts
  • Light Weight Materials in Light Weight Vehicles
  • Light Vehicle Segmentation
  • Global Light Vehicle Market by Production; 2017-2021 (Million Units)
  • Global Light Vehicle Market by Production; 2022-2027 (Million Units)
  • Global Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • Global Light Vehicle Market Production by Segment; 2021 (Percentage, %)
  • Global Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • Global Passenger Light Vehicle Car Market by Production, 2017-2021 (Million Units)
  • Global Passenger Light Vehicle Car Market by Production, 2022-2027 (Million Units)
  • Global Light Commercial Vehicle Market by Production, 2017-2021 (Million Units)
  • Global Light Commercial Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Mass Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Mass Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • Global Premium Light Vehicle Market Production by Fuel Type; 2021 (Percentage, %)
  • Global Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Sedan Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Sedan Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Hatchback Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Hatchback Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Gasoline Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Gasoline Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Diesel Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Diesel Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Electric Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Global Electric Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Asia Pacific Light Vehicle Market by Production; 2017-2021 (Million Units)
  • Asia Pacific Light Vehicle Market by Production; 2022-2027 (Million Units)
  • Asia Pacific Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • Asia Pacific Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • China Light Vehicle Market by Production, 2019-2021 (Million Units)
  • China Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Japan Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Japan Light Vehicle Market by Production, 2022-2027 (Million Units)
  • India Light Vehicle Market by Production, 2019-2021 (Million Units)
  • India Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Rest of Asia Pacific Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Rest of Asia Pacific Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Asia Pacific Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • China Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • China Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Japan Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Japan Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • India Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • India Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • Rest of Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Rest of Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • Europe Light Vehicle Market by Production; 2017-2021 (Million Units)
  • Europe Light Vehicle Market by Production; 2022-2027 (Million Units)
  • Europe Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • Europe Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • Germany Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Germany Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Spain Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Spain Light Vehicle Market by Production, 2022-2027 (Million Units)
  • France Light Vehicle Market by Production, 2019-2021 (Million Units)
  • France Light Vehicle Market by Production, 2022-2027 (Million Units)
  • UK Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • UK Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Rest of Europe Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Rest of Europe Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Europe Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Europe Other Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Europe Other Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Europe Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • Germany Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Germany Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Spain Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Spain Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • France Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • France Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • UK Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • UK Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • Rest of Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Rest of Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • North America Light Vehicle Market by Production; 2017-2021 (Million Units)
  • North America Light Vehicle Market by Production; 2022-2027 (Million Units)
  • North America Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • North America Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • The US Light Vehicle Market by Production, 2019-2021 (Million Units)
  • The US Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Mexico Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Mexico Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Canada Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Canada Light Vehicle Market by Production, 2022-2027 (Million Units)
  • North America Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • North America Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • North America Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
  • North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • North America Other Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • North America Other Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • North America Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
  • The US Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
  • The US Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Canada Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Canada Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • Mexico Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Mexico Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
  • Rest of the World Light Vehicle Market by Production, 2019-2021 (Million Units)
  • Rest of the World Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Rest of the World Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
  • Rest of the World Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
  • Global Labor Force; 2017-2021 (Billion)
  • The US Light Vehicle Average Age; 2017-2021 (Years)
  • Global GNI per capita, PPP (Current International US$); 2017-2021 (US$ Thousand)
  • Global Urban Population; 2017-2021 (Percentage, %)
  • Global Number of High Net Worth Individuals (HNWIs); 2017-2021 (Million)
  • Global Female Population; 2017-2021 (Billion)
  • Global Artificial Intelligence (AI) Market Revenues; 2020-2023 (US$ Billion)
  • Global Electric Car Stock; 2017-2021 (Million)
  • Global Premium Light Vehicle Players by Market Share; 2021 (Percentage, %)
  • Bayerische Motoren Werke AG Revenue by Business Segment; 2021 (Percentage, %)
  • Mercedes-Benz Group AG Revenue by Division; 2021 (Percentage, %)
  • Tesla, Inc. Revenue by Segment; 2021 (Percentage, %)
  • Volkswagen Group Sale Revenue by Segment; 2021 (Percentage, %)
  • General Motors Co. Total Net Sales and Revenue by Segment; 2021 (Percentage, %)
  • Toyota Motor Corporation Sales Revenues by Segment; 2022 (Percentage, %)
  • Ford Motor Company Total Revenues by Segment; 2022 (Percentage, %)
  • Stellantis NV Total Revenues by Segment; 2022 (Percentage, %)

Companies Mentioned

  • Bayerische Motoren Werke AG 
  • Mercedes-Benz Group AG
  • Tesla, Inc.
  • Volkswagen Group
  • General Motors Co. 
  • Toyota Motor Corporation 
  • Ford Motor Company
  • Stellantis NV 
  • Zhejiang Geely Holding Group Co., Ltd. 
  • Aston Martin Lagonda Global Holdings PLC
  • Exor N.V. (Ferrari N.V.) 
  • McLaren Group