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Global Passenger Vehicle Market 2018-2022

  • Published: Apr 2018
  • Pages: 121
  • SKU: IRTNTR20207
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The global passenger vehicle market size will grow by 10.28 million units during 2018-2022. This report offers an analysis of the market based on vehicle type (sedans and hatchbacks, SUVs and crossovers, and MPVs and vans) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Ford Motor Company, General Motors, Honda Motor, Hyundai Motor, Toyota Motor, and Volkswagen.

Below are some of the key findings from the passenger vehicle market research report

Passenger Vehicle Market

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Global passenger vehicle industry overview

The emerging crossover segment is one of the primary factors that will trigger the growth of the passenger vehicle market in the coming years. The passenger vehicle market is witnessing humungous growth in the crossover segment as they provide better value for money when compared to sedans and SUVs. Moreover, these vehicles also offer enhanced driving pleasure, safety, reliability, and comfort level, resulting in an increased preference for crossovers among various consumer segments. They are light in weight and provide better fuel efficiency than sedans owing to their unibody design. Moreover, crossovers are also highly-efficient in areas prone to extreme weather conditions and are safer than sedans. Such benefits will drive the demand for crossovers, stimulating the growth of this industry.

One of the key trends that will gain traction in the passenger vehicle market is the development of autonomous vehicles. The autonomous vehicle gets investments and projects from major manufacturers including Audi, Daimler, and Bosch, which will commercialize autonomous vehicles in the coming years. In addition to automotive manufacturers, technology companies such as Apple and Google are also investing in autonomous vehicle technologies. Thus, the emerging crossover segment coupled with the development of autonomous vehicles is driving the passenger vehicle market growth at a CAGR of close to 3% during the forecast period.

Top passenger vehicle companies covered in this market research report

The passenger vehicle market is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this passenger vehicle industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Ford Motor Company
  • General Motors
  • Honda Motor
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen

Passenger vehicle market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the APAC region accounted for the largest passenger vehicle market share during 2017 owing to the robust automobile demand, stringent emission norms, and technological advancements. This region will witness an increase in its market share and remain the market leader for the next five years.

Passenger vehicle market segmentation based on vehicle type

  • Sedans and hatchbacks
  • SUVs and crossovers
  • MPVs and vans

The sedans and hatchbacks segment will account for the highest growth in the market owing to better fuel efficiency, engine performance, and easy affordability. Additionally, the report also provides an accurate prediction of the contribution of the various vehicle type segments to the growth of the passenger vehicle market size.

Key highlights of the global passenger vehicle market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the passenger vehicle market during the next five years
  • Precise estimation of the global passenger vehicle market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the passenger vehicle industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of passenger vehicle companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY VEHICLE TYPE

  • Segmentation by vehicle type
  • Comparison by vehicle type
  • Sedans and hatchbacks – Market size and forecast 2017-2022
  • SUVs and crossovers – Market size and forecast 2017-2022
  • MPVs and vans – Market size and forecast 2017-2022
  • Market opportunity by vehicle type

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Development of autonomous vehicles
  • Push for embedded telematics systems in passenger vehicles
  • Integration of advanced safety technologies to gain higher safety ratings
  • Growing integration of smartphones and tablets in automobiles
  • Automakers investing in adding new assemblies and manufacturing lines for passenger vehicle production

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ford Motor Company
  • General Motors
  • Honda Motor
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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