Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.26 |
The Automotive Market size is estimated to grow at a CAGR of 5.62% between 2022 and 2032. The market size is forecast to increase by USD 4,567.89 billion. The growth of the market depends on several factors, including the increasing demand for electric vehicles, advancements in autonomous driving technologies, and the growing focus on connected car solutions. The automotive industry encompasses the production, sale, and maintenance of vehicles, including passenger cars, commercial vehicles, and electric vehicles.
Automotive Market Overview:
Drivers:
One of the key factors driving the automotive market growth is the increasing demand for electric vehicles (EVs). With the growing concern for environmental sustainability and the need to reduce carbon emissions, there is a rising demand for electrically powered vehicles. EVs offer several advantages over traditional internal combustion engine vehicles, including lower operating costs, reduced dependence on fossil fuels, and a smaller carbon footprint. The advancements in battery technology and the establishment of a robust charging infrastructure are further fueling the adoption of electric vehicles.
Moreover, the advancements in autonomous driving technologies are also driving the market growth. Autonomous vehicles, also known as self-driving cars, have the potential to revolutionize the automotive industry by improving road safety, reducing traffic congestion, and enhancing the overall driving experience. The development of advanced driver assistance systems (ADAS) and the integration of artificial intelligence (AI) technologies are paving the way for autonomous vehicles. These technologies offer features such as adaptive cruise control, lane-keeping assist, and automated parking, making driving safer and more convenient.
Trends:
A key trend shaping the automotive market is the growing focus on connected car solutions. Connected cars are vehicles equipped with internet connectivity and integrated with various sensors, software, and communication technologies. These connected car solutions enable real-time data exchange, remote diagnostics, vehicle tracking, and enhanced infotainment systems. The integration of connectivity features in vehicles not only improves the driving experience but also enables vehicle manufacturers to offer value-added services such as over-the-air software updates, predictive maintenance, and personalized user experiences.
Furthermore, there is a growing emphasis on vehicle electrification and the development of sustainable mobility solutions. Automakers are investing in the research and development of electric and hybrid vehicles to meet the increasing demand for eco-friendly transportation. The development of lightweight materials, improved battery technologies, and the expansion of charging infrastructure are key focus areas in the automotive industry. Additionally, the concept of shared mobility, including ride-sharing and car-sharing services, is gaining traction as an alternative to traditional vehicle ownership.
Restraints:
One of the key challenges hindering the automotive market growth is the high initial cost of electric vehicles. Although EVs offer long-term cost savings through reduced fuel and maintenance expenses, their upfront cost is relatively higher compared to conventional vehicles. This cost factor may deter price-sensitive consumers from adopting electric vehicles, especially in price-sensitive markets. Additionally, the limited range of electric vehicles and the availability of charging infrastructure pose challenges to widespread adoption.
Automotive Market Segmentation By Application:
The passenger car segment is estimated to witness significant growth during the forecast period. Passenger cars are designed for personal transportation and are the most common type of vehicles on the road. The increasing urbanization, rising disposable incomes, and changing consumer preferences are driving the demand for passenger cars. Automakers are focusing on developing electric and hybrid passenger cars to meet the growing demand for eco-friendly transportation solutions.
The commercial vehicle segment is also expected to contribute to the market growth. Commercial vehicles include trucks, buses, and vans used for transportation of goods and passengers. The increasing e-commerce activities, logistics operations, and urbanization are driving the demand for commercial vehicles. The adoption of electric commercial vehicles is gaining momentum, driven by the need for sustainable transportation solutions and stricter emission regulations.
Automotive Market Segmentation By Type:
The electric vehicle segment is expected to dominate the market during the forecast period. Electric vehicles include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs). The increasing focus on reducing carbon emissions and the advancements in battery technology are driving the adoption of electric vehicles. Governments and regulatory bodies are also providing incentives and subsidies to promote the use of electric vehicles, further fueling their demand.
The autonomous vehicle segment is also expected to witness substantial growth. Autonomous vehicles are capable of operating without human intervention, using a combination of sensors, cameras, and AI algorithms. The development of advanced driver assistance systems (ADAS) and the progress in AI technologies are paving the way for autonomous vehicles. The automotive industry is witnessing collaborations between automakers and technology companies to accelerate the development and deployment of autonomous vehicles.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global automotive market during the forecast period. The region has a strong automotive manufacturing base, technological advancements, and a high adoption rate of electric vehicles. The presence of key market players, government initiatives promoting sustainable transportation, and the development of autonomous driving technologies further support market growth in North America.
Europe is also expected to witness substantial growth in the automotive market. The region has stringent emission regulations, a well-established charging infrastructure, and a growing demand for electric vehicles. European automakers are investing heavily in electric vehicle production and are focusing on developing sustainable mobility solutions. The increasing emphasis on connected car technologies and the development of smart cities are driving the market in Europe.
Automotive Market Customer Landscape:
The automotive market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Automotive Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Some of the major companies operating in the automotive market include:
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The automotive market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
o Passenger Cars
o Commercial Vehicles
o Others
o Electric Vehicles
o Autonomous Vehicles
o Conventional Vehicles
o North America
o Europe
o Asia Pacific
o South America
o Middle East & Africa
Table of Contents
1 Automotive Market Overview
1.1 Automotive Product Overview
1.2 Automotive Market Segment by Type
1.2.1 Gasoline Vehicle
1.2.2 Diesel Vehicle
1.3 Global Automotive Market Size by Type
1.3.1 Global Automotive Sales and Growth by Type
1.3.2 Global Automotive Sales and Market Share by Type (2014-2019)
1.3.3 Global Automotive Revenue and Market Share by Type (2014-2019)
1.3.4 Global Automotive Price by Type (2014-2019)
2 Global Automotive Market Competition by Company
2.1 Global Automotive Sales and Market Share by Company (2014-2019)
2.2 Global Automotive Revenue and Share by Company (2014-2019)
2.3 Global Automotive Price by Company (2014-2019)
2.4 Global Top Players Automotive Manufacturing Base Distribution, Sales Area, Product Types
2.5 Automotive Market Competitive Situation and Trends
2.5.1 Automotive Market Concentration Rate
2.5.2 Global Automotive Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Automotive Company Profiles and Sales Data
3.1 Toyota
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Automotive Product Category, Application and Specification
3.1.3 Toyota Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.1.4 Main Business Overview
3.2 VW
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Automotive Product Category, Application and Specification
3.2.3 VW Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.2.4 Main Business Overview
3.3 Hyundai
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Automotive Product Category, Application and Specification
3.3.3 Hyundai Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.3.4 Main Business Overview
3.4 GM
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Automotive Product Category, Application and Specification
3.4.3 GM Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.4.4 Main Business Overview
3.5 Ford
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Automotive Product Category, Application and Specification
3.5.3 Ford Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.5.4 Main Business Overview
3.6 Nissan
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Automotive Product Category, Application and Specification
3.6.3 Nissan Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.6.4 Main Business Overview
3.7 Honda
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Automotive Product Category, Application and Specification
3.7.3 Honda Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.7.4 Main Business Overview
3.8 Fiat
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Automotive Product Category, Application and Specification
3.8.3 Fiat Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.8.4 Main Business Overview
3.9 Renault
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Automotive Product Category, Application and Specification
3.9.3 Renault Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.9.4 Main Business Overview
3.10 PSA
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Automotive Product Category, Application and Specification
3.10.3 PSA Automotive Sales, Revenue, Price and Gross Margin(2014-2019)
3.10.4 Main Business Overview
3.11 Suzuki
3.12 SAIC
4 Automotive Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Automotive Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Automotive Sales and Revenue by Regions
4.2.1 Global Automotive Sales and Market Share by Regions (2014-2019)
4.2.2 Global Automotive Revenue and Market Share by Regions (2014-2019)
4.2.3 Global Automotive Sales, Revenue, Price and Gross Margin (2014-2019)
4.3 North America Automotive Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Automotive Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Automotive Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Automotive Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Automotive Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Automotive Application/End Users
5.1 Automotive Segment by Application
5.1.1 Passenger Vehicle
5.1.2 Commercial Vehicle
5.2 Global Automotive Product Segment by Application
5.2.1 Global Automotive Sales by Application
5.2.2 Global Automotive Sales and Market Share by Application (2014-2019)
6 Global Automotive Market Forecast
6.1 Global Automotive Sales, Revenue Forecast (2019-2025)
6.1.1 Global Automotive Sales and Growth Rate Forecast (2019-2025)
6.1.1 Global Automotive Revenue and Growth Rate Forecast (2019-2025)
6.2 Global Automotive Forecast by Regions
6.2.1 North America Automotive Sales and Revenue Forecast (2019-2025)
6.2.2 Europe Automotive Sales and Revenue Forecast (2019-2025)
6.2.3 Asia-Pacific Automotive Sales and Revenue Forecast (2019-2025)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Automotive Sales and Revenue Forecast (2019-2025)
6.2.5 Middle East and Africa Automotive Sales and Revenue Forecast (2019-2025)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Automotive Forecast by Type
6.3.1 Global Automotive Sales and Revenue Forecast by Type (2019-2025)
6.3.2 Gasoline Vehicle Gowth Forecast
6.3.3 Diesel Vehicle Gowth Forecast
6.4 Automotive Forecast by Application
6.4.1 Global Automotive Sales Forecast by Application (2019-2025)
6.4.2 Global Automotive Forecast in Passenger Vehicle
6.4.3 Global Automotive Forecast in Commercial Vehicle
7 Automotive Upstream Raw Materials
7.1 Automotive Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Automotive Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
List of Tables and Figures
Figure Automotive Product Picture
Figure Global Automotive Revenue (Million USD) Status and Outlook (2014-2025)
Figure Global Automotive Sales (K Units) Status and Outlook (2014-2025)
Figure Product Picture of Gasoline Vehicle
Table Major Players of Gasoline Vehicle
Figure Global Gasoline Vehicle Sales (K Units) and Growth Rate (%)(2014-2018)
Figure Product Picture of Diesel Vehicle
Table Major Players of Diesel Vehicle
Figure Global Diesel Vehicle Sales (K Units) and Growth Rate (%)(2014-2019)
Table Global Automotive Sales (K Units) and Growth Rate (%) Comparison by Type
Table Global Automotive Sales (K Units) by Type (2014-2019)
Table Global Automotive Sales Share (%) by Type (2014-2019)
Figure Global Automotive Sales Market Share (%) by Type (2014-2019)
Figure Global Automotive Sales Market Share (%) by Type in 2018
Table Global Automotive Revenue (Million USD) by Type (2014-2019)
Table Global Automotive Revenue Share (%) by Type (2014-2019)
Figure Global Automotive Revenue Share (%) by Type (2014-2019)
Figure 2018 Global Automotive Revenue Market Share (%) by Type
Table Global Automotive Price (USD/Unit) by Type (2014-2019)
Table Global Automotive Sales (K Units) by Company (2014-2019)
Table Global Automotive Sales Share (%) by Company (2014-2019)
Figure Global Automotive Sales Share (%) by Company in 2018
Table Global Automotive Revenue (Million USD) by Company (2014-2019)
Table Global Automotive Revenue Share (%) by Company (2014-2019)
Figure Global Automotive Revenue Share (%) by Company in 2018
Table Global Market Automotive Average Price (USD/Unit) by Company (2014-2019)
Table Global Automotive Top Players Manufacturing Base Distribution and Sales Area
Table Global Automotive Top Players Product Category
Figure Global Automotive Market Share (%) of Top 5 Players
Figure Global Automotive Market Share (%) of Top 10 Players
Table Toyota Basic Information List
Table Toyota Automotive Product Category, Application and Specification
Table Toyota Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Toyota Automotive Sales Growth Rate (2014-2019)
Figure Toyota Automotive Sales Global Market Share (%)(2014-2019)
Table VW Basic Information List
Figure VW Automotive Product Category, Application and Specification
Table VW Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure VW Automotive Sales Growth Rate (2014-2019)
Figure VW Automotive Sales Global Market Share (%)(2014-2019)
Table Hyundai Basic Information List
Figure Hyundai Automotive Product Category, Application and Specification
Table Hyundai Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Hyundai Automotive Sales Growth Rate (2014-2019)
Figure Hyundai Automotive Sales Global Market Share (%)(2014-2019)
Table GM Basic Information List
Figure GM Automotive Product Category, Application and Specification
Table GM Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure GM Automotive Sales Growth Rate (2014-2019)
Figure GM Automotive Sales Global Market Share (%)(2014-2019)
Table Ford Basic Information List
Figure Ford Automotive Product Category, Application and Specification
Table Ford Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Ford Automotive Sales Growth Rate (2014-2019)
Figure Ford Automotive Sales Global Market Share (%)(2014-2019)
Table Nissan Basic Information List
Figure Nissan Automotive Product Category, Application and Specification
Table Nissan Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Nissan Automotive Sales Growth Rate (2014-2019)
Figure Nissan Automotive Sales Global Market Share (%)(2014-2019)
Table Honda Basic Information List
Figure Honda Automotive Product Category, Application and Specification
Table Honda Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Honda Automotive Sales Growth Rate (2014-2019)
Figure Honda Automotive Sales Global Market Share (%)(2014-2019)
Table Fiat Basic Information List
Figure Fiat Automotive Product Category, Application and Specification
Table Fiat Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Fiat Automotive Sales Growth Rate (2014-2019)
Figure Fiat Automotive Sales Global Market Share (%)(2014-2019)
Table Renault Basic Information List
Figure Renault Automotive Product Category, Application and Specification
Table Renault Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Renault Automotive Sales Growth Rate (2014-2019)
Figure Renault Automotive Sales Global Market Share (%)(2014-2019)
Table PSA Basic Information List
Figure PSA Automotive Product Category, Application and Specification
Table PSA Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure PSA Automotive Sales Growth Rate (2014-2019)
Figure PSA Automotive Sales Global Market Share (%)(2014-2019)
Table Suzuki Basic Information List
Table SAIC Basic Information List
Table Global Automotive Market Size Comparison by Regions (2014-2025)
Figure North America Automotive Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Asia-Pacific Automotive Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Europe Automotive Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure South America Automotive Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Middle East and Africa Automotive Revenue (Million USD) and Growth Rate (%)(2014-2025)
Table Global Automotive Sales (K Units) by Regions (2014-2019)
Table Global Automotive Sales Market Share (%) by Regions (2014-2019)
Figure Global Automotive Sales Market Share (%) by Regions (2014-2019)
Figure 2018 Global Automotive Sales Market Share (%) by Regions
Table Global Automotive Revenue (Million USD) by Regions (2014-2019)
Table Global Automotive Revenue Market Share (%) by Regions (2014-2019)
Figure Global Automotive Revenue Market Share (%) by Regions (2014-2019)
Figure 2018 Global Automotive Revenue Market Share (%) by Regions
Table Global Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure North America Automotive Sales Growth Rate
Table North America Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure United States Automotive Sales (K Units)(2014-2019)
Figure United States Automotive Revenue (Million USD)(2014-2019)
Figure Canada Automotive Sales (K Units)(2014-2019)
Figure Canada Automotive Revenue (Million USD)(2014-2019)
Figure Mexico Automotive Sales (K Units)(2014-2019)
Figure Mexico Automotive Revenue (Million USD)(2014-2019)
Figure Europe Automotive Sales Growth Rate
Table Europe Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Germany Automotive Sales (K Units)(2014-2019)
Figure Germany Automotive Revenue (Million USD) (2014-2019)
Figure UK Automotive Sales (K Units)(2014-2019)
Figure UK Automotive Revenue (Million USD)(2014-2019)
Figure France Automotive Sales (K Units)(2014-2019)
Figure France Automotive Revenue (Million USD)(2014-2019)
Figure Italy Automotive Sales (K Units)(2014-2019)
Figure Italy Automotive Revenue (Million USD)(2014-2019)
Figure Russia Automotive Sales (K Units)(2014-2019)
Figure Russia Automotive Revenue (Million USD)(2014-2019)
Figure Turkey Automotive Sales (K Units)(2014-2019)
Figure Turkey Automotive Revenue (Million USD)(2014-2019)
Figure Asia-Pacific Automotive Sales Growth Rate
Table Asia-Pacific Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure China Automotive Sales (K Units)(2014-2019)
Figure China Automotive Revenue (Million USD)(2014-2019)
Figure Japan Automotive Sales (K Units)(2014-2019)
Figure Japan Automotive Revenue (Million USD)(2014-2019)
Figure Korea Automotive Sales (K Units)(2014-2019)
Figure Korea Automotive Revenue (Million USD)(2014-2019)
Figure Southeast Asia Automotive Sales (K Units)(2014-2019)
Figure Southeast Asia Automotive Revenue (Million USD)(2014-2019)
Figure Indonesia Automotive Sales (K Units)(2014-2019)
Figure Indonesia Automotive Revenue (Million USD)(2014-2019)
Figure Thailand Automotive Sales (K Units)(2014-2019)
Figure Thailand Automotive Revenue (Million USD)(2014-2019)
Figure Malaysia Automotive Sales (K Units)(2014-2019)
Figure Malaysia Automotive Revenue (Million USD)(2014-2019)
Figure Philippines Automotive Sales (K Units)(2014-2019)
Figure Philippines Automotive Revenue (Million USD)(2014-2019)
Figure Vietnam Automotive Sales (K Units)(2014-2019)
Figure Vietnam Automotive Revenue (Million USD)(2014-2019)
Figure India Automotive Sales (K Units)(2014-2019)
Figure India Automotive Revenue (Million USD)(2014-2019)
Figure Australia Automotive Sales (K Units)(2014-2019)
Figure Australia Automotive Revenue (Million USD)(2014-2019)
Figure South America Automotive Sales Growth Rate
Table South America Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure Brazil Automotive Sales (K Units)(2014-2019)
Figure Brazil Automotive Revenue (Million USD)(2014-2019)
Figure Middle East and Africa Automotive Sales Growth Rate
Table Middle East and Africa Automotive Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%)(2014-2019)
Figure North Africa Automotive Sales (K Units)(2014-2019)
Figure North Africa Automotive Revenue (Million USD)(2014-2019)
Figure GCC Countries Automotive Sales (K Units)(2014-2019)
Figure GCC Countries Automotive Revenue (Million USD)(2014-2019)
Figure Passenger Vehicle Examples
Figure Commercial Vehicle Examples
Table Global Automotive Sales (K Units) Comparison by Application (2014-2025)
Table Global Automotive Sales (K Units) by Application (2014-2019)
Table Global Automotive Sales Share (%) by Application (2014-2019)
Figure Global Automotive Sales Market Share (%) by Application (2014-2019)
Figure Global Automotive Sales Market Share (%) by Application in 2018
Figure Global Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Global Automotive Revenue (Million USD) and Growth Rate (%) Forecast (2019-2025)
Table Global Automotive Sales (K Units) Forecast by Regions (2019-2025)
Figure Global Automotive Sales Market Share (%) Forecast by Regions (2019-2025)
Figure North America Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure North America Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Europe Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Europe Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Asia-Pacific Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Asia-Pacific Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure China Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure China Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Japan Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Japan Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Korea Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Korea Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Southeast Asia Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Southeast Asia Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure India Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure India Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Australia Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Australia Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure South America Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure South America Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Middle East and Africa Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure Middle East and Africa Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure North Africa Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure North Africa Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Figure GCC Countries Automotive Sales (K Units) and Growth Rate (%) Forecast (2019-2025)
Figure GCC Countries Automotive Revenue and Growth Rate (%) Forecast (2019-2025)
Table Global Automotive Sales (Million USD) Forecast by Type (2019-2025)
Figure Global Automotive Sales Market Share (%) Forecast by Type (2019-2025)
Table Global Automotive Revenue (Million USD) Forecast by Type (2019-2025)
Figure Global Automotive Revenue Market Share (%) Forecast by Type (2019-2025)
Figure Gasoline Vehicle Sales Growth Forecast
Figure Diesel Vehicle Sales Growth Forecast
Table Global Automotive Sales (K Units) Forecast by Application (2019-2025)
Figure Global Automotive Sales Forecast by Application (2019-2025)
Figure Global Automotive Sales (K Units) Forecast in Passenger Vehicle
Figure Global Automotive Sales (K Units) Forecast in Commercial Vehicle
Table Key Raw Materials Lists
Figure Key Raw Materials Price
Table Raw Materials Key Suppliers Lists
Figure Automotive Manufacturing Cost Structure
Figure Automotive Industrial Chain Analysis
Table Distributors List
Table Automotive Downstream Customers
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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