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Car Manufacturing in China

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    Report

  • 43 Pages
  • April 2025
  • Region: China
  • MarketLine
  • ID: 6093557
Car Manufacturing in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
  • The Chinese car manufacturing industry recorded revenues of $377.1 billion in 2024, representing a compound annual growth rate (CAGR) of 5.2% between 2019 and 2024.
  • Industry production volume increased with a CAGR of 4.7% between 2019 and 2024, reaching a total of 29.65 million units in 2024.
  • The growth of the Chinese car manufacturing industry’s production volume in 2024 was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to the publisher, the rental car fleet in China stood at 198,509 units in 2024, an increase of 21.6% from the previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in China
  • Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China car manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the China car manufacturing market by value in 2024?
  • What will be the size of the China car manufacturing market in 2029?
  • What factors are affecting the strength of competition in the China car manufacturing market?
  • How has the market performed over the last five years?
  • Who are the top competitors in China's car manufacturing market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What have been the most recent market developments?
8 Company Profiles
8.1. China Changan Automobile Group Co Ltd
8.2. BYD Auto Co Ltd
8.3. Chery Automobile Co Ltd
8.4. Zhejiang Geely Holding Group Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: China car manufacturing industry value: $ billion, 2019-24
Table 2: China car manufacturing industry volume: thousand units, 2019-24
Table 3: China car manufacturing industry category segmentation: % share, by volume, 2019-24
Table 4: China car manufacturing industry category segmentation: thousand units, 2019-24
Table 5: China car manufacturing industry geography segmentation: $ billion, 2024
Table 6: China car manufacturing industry value forecast: $ billion, 2024-29
Table 7: China car manufacturing industry volume forecast: thousand units, 2024-29
Table 8: China car manufacturing industry share: % share, by volume, 2024
Table 9: China Changan Automobile Group Co Ltd: Key Facts
Table 10: BYD Auto Co Ltd: Key Facts
Table 11: Chery Automobile Co Ltd: Key Facts
Table 12: Zhejiang Geely Holding Group Co Ltd: Key Facts
Table 13: Zhejiang Geely Holding Group Co Ltd: Key Employees
Table 14: China Size of Population (Million), 2020-24
Table 15: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: China GDP (Current Prices, $ Billion), 2020-24
Table 17: China Inflation, 2020-24
Table 18: China Consumer Price Index (Absolute), 2020-24
Table 19: China Exchange Rate, 2019-24
List of Figures
Figure 1: China car manufacturing industry value: $ billion, 2019-24
Figure 2: China car manufacturing industry volume: thousand units, 2019-24
Figure 3: China car manufacturing industry category segmentation: thousand units, 2019-24
Figure 4: China car manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: China car manufacturing industry value forecast: $ billion, 2024-29
Figure 6: China car manufacturing industry volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the car manufacturing industry in China, 2024
Figure 8: Drivers of buyer power in the car manufacturing industry in China, 2024
Figure 9: Drivers of supplier power in the car manufacturing industry in China, 2024
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in China, 2024
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in China, 2024
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in China, 2024
Figure 13: China car manufacturing industry share: % share, by volume, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • China Changan Automobile Group Co Ltd
  • BYD Auto Co Ltd
  • Chery Automobile Co Ltd
  • Zhejiang Geely Holding Group Co Ltd