Motor Vehicles Market by Propulsion, Vehicle Type, and Geography - Forecast and Analysis 2023-2027

Published: Apr 2023 Pages: 178 SKU: IRTNTR75209

The motor vehicles market size is estimated to grow at a CAGR of 6.3% between 2022 and 2027. The market size is forecast to increase by 28,721.3 thousand units. The growth of the market depends on several factors, including the growing urban population, increasing demand for fuel-efficient and low-emission vehicles, and growth in the production volume of passenger vehicles.

This motor vehicles market report extensively covers market segmentation by propulsion (ICE, electric, and hybrid), vehicle type (passenger cars and commercial vehicles), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Motor Vehicles Market During the Forecast Period?

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Motor Vehicles Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing urban population is notably driving the market growth, although environmental concerns associated with vehicle emissions may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Motor Vehicles Market Driver

The growing urban population is notably driving the motor vehicles market growth. The world is rapidly urbanizing, with more people moving to cities in search of better opportunities and a higher quality of life. According to the World Bank Group, the urban population (percentage of the total population) was 54% in 2015 and is trending to 56% in 2021. This trend is particularly pronounced in developing countries such as India with rapid economic growth and large-scale urbanization. According to the World Bank Group, India's urban population (percentage of the total population) was 33% in 2015 and is trending toward 35% in 2021. With increasing urbanization, the demand for automobiles is correspondingly increasing. As people move to cities, there is a growing demand for transportation infrastructure such as roads, highways, bridges, and public transit systems. This infrastructure often supports the use of automobiles, a convenient and efficient means of transportation within cities. In addition, modern automobiles are equipped with advanced features such as air conditioning, entertainment systems, and satellite navigation, making them attractive to city dwellers. 

Urban areas are often densely populated, resulting in more traffic congestion, slower public transport, and longer commute times for residents. In this scenario, owning a car-like automobile becomes a necessity for many. Moreover, the rising disposable income of the population, especially in emerging countries such as India, is driving the demand for passenger cars. Therefore, as the urban population grows and incomes rise, more people are expected to be able to afford cars. This will further increase the demand and propel the growth of the market during the forecast period. 

Significant Motor Vehicles Market Trends

Technological advances in EVs are a key trend influencing the motor vehicles market growth. The growing adoption of EVs is increasingly witnessing new opportunities for different stakeholders, such as system integrators, vehicle manufacturers, engine manufacturers, and component providers. As more consumers become aware and start understanding the benefits of EVs, along with the government supporting the trend with incentives, the vendors will have to cater to this increasing demand and provide better options. The major challenges associated with the adoption of EVs are the high cost and limited range of these vehicles. In order to eliminate these, the vendors are expected to invest more time and energy in R and D and come up with better models of EVs. Most of the stakeholders in the automotive industry are expecting the year 2025 to be an inflection point, after which not only the overall prices for EVs are expected to reduce, but the necessary infrastructure will also be in place to fulfill the growing demand for EVs.

Moreover, automobile manufacturers are looking to lessen their environmental impact by using sustainable materials in their EVs. In addition, significant advancements have been made in developing efficient, high-capacity batteries for EVs. Top companies such as Tesla, BMW, and Nissan have invested heavily in developing batteries that can offer longer ranges and faster charging times. Such technological advancements are revolutionizing the EV industry, making EVs more efficient, affordable, and environmentally friendly, contributing to the growth of the market during the forecast period. 

Major Motor Vehicles Market Challenge

The environmental concerns associated with vehicle emissions are challenging the motor vehicles market growth. One of the biggest challenges the market is facing is environmental issues. Environmental concerns are becoming more and more important, with stakeholders demanding that automakers produce sustainable, environmentally friendly, low-emission vehicles. Customers are becoming more conscious of their carbon footprint and choosing vehicles with a lower environmental impact. Governments around the world are also cracking down on vehicle emissions, creating regulations, and imposing penalties for violations.

Vehicles emit large amounts of carbon monoxide, nitrogen oxides, and particulate matter. Cars release toxic compounds into the atmosphere with a range of negative effects on human health and the environment. About 80-90% of a car's environmental impact comes from fuel consumption, air pollution, and greenhouse gas emissions. Governments around the world set stringent fuel economy and emission standards that vehicle manufacturers must meet during vehicle production. Therefore, such standards are expected to hinder the adoption of ICE-based vehicles, which could restrain the growth of the market during the forecast period.

Key Motor Vehicles Market Customer Landscape

The 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.

Global Motor Vehicles Market Customer Landscape

Who are the Major Motor Vehicles Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Bayerische Motoren Werke AG: The company offers various motor vehicles such as the BMW Turbo, BMW 7 Series, and other extensive ranges of automobiles, including the premium compact class, the premium mid-size, the luxury class, and the ultra-luxury class.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Beijing Automotive Group Co. Ltd.
  • BYD Co. Ltd.
  • Dongfeng Motor Group Co. Ltd.
  • Ford Motor Co.
  • Guangzhou Automobile Group Co. Ltd.
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  • Mahindra and Mahindra Ltd.
  • Mercedes Benz Group AG
  • Porsche Automobil Holding SE
  • Renault SAS
  • SAIC Motor Corp. Ltd.
  • Stellantis NV
  • Tata Motors Ltd.
  • Tesla Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Motor Vehicles Market?

The market share growth by the ICE segment will be significant during the forecast period. An internal combustion engine (ICE) is a type of power source that powers a variety of automobiles by burning oil or natural gas to produce heat and produce electricity, which is used to propel the vehicle in which it is installed. Most of the market is dominated by diesel and gasoline engines. The growth of this segment is attributed to the increasing disposable income of consumers and the increasing adoption of passenger vehicles, especially in emerging markets such as India. Technological developments have also led to improvements in ICE in terms of emissions, performance, and fuel efficiency. This trend is also expected to drive the growth of this segment of the market during the forecast period.

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The ICE segment was valued at 47,956.50 thousand units in 2017 and continued to grow until 2021. Economic growth is the primary growth driver for the ICE segment. As the world's population continues to grow, the demand for ICE-dependent transport is increasing. This includes cars, trucks, buses, and other commercial vehicles. As emerging countries like India continue to develop, demand for ICE-based vehicles is likely to increase, which is expected to drive the growth of the ICE segment during the forecast period.

Which are the Key Regions for the Motor Vehicles Market?

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APAC is estimated to contribute 53% to the growth of the global motor vehicles market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

APAC is an important and rapidly growing automotive market. This region alone accounts for 46% of global car production in 2020. This market is driven by factors such as rising wealth and urbanization of the population, expanding export opportunities, and government policies promoting sustainable transportation. China, India, Japan, and South Korea are the main markets in the APAC region and account for the majority of vehicle sales. APAC may have the highest number of first-time commercial vehicle buyers, which has also led to increased sales of pickup and light trucks in the region. With rapid economic growth in the Asia-Pacific region, per capita income has risen dramatically in recent years, increasing consumer purchasing power and resulting in increased sales of automobiles, especially passenger cars and light commercial vehicles. Moreover, technological advancements in the automotive industry, especially the development of powertrain technology, are expected to contribute to the growth of the market.

In 2020, COVID-19 pandemic wreak havoc across the world. To curb the spread of the disease, governments from across the world imposed curfews that adversely affected entire manufacturing processes for up to 90 days. Supply chain management was also affected by movement restrictions and border closures. This negatively impacted the manufacturing processes of many manufacturers, including automobiles, in 2020. However, initiatives such as mass vaccination promotions by governments and restrictions on community gatherings facilitated a rapid recovery from the pandemic, with demand and supply chains gradually recovering to 2019 levels. The containment of the pandemic has also helped automakers to resume manufacturing activities. Therefore, the market is expected to register moderate growth during the forecast period. 

Segment Overview

The motor vehicles market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Propulsion Outlook (Thousand Units, 2017 - 2027)
    • ICE
    • Electric
    • Hybrid
  • Vehicle Type Outlook (Thousand Units, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Region Outlook (Thousand Units, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global motor vehicles market as part of the global automotive market under the global automobiles and components industry. The parent market, the global automotive market, includes companies that manufacture vehicles such as passenger cars, commercial vehicles, and SUVs. Technavio calculates the global automotive market size based on the combined revenues of automakers including passenger cars, commercial vehicles, and SUVs. 

Motor Vehicles Market Scope

Report Coverage

Details

Page number

178

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.3%

Market growth 2023-2027

28,721.3 thousand units

Market structure

Fragmented

YoY growth 2022-2023(%)

5.47

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 53%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Bayerische Motoren Werke AG, Beijing Automotive Group Co. Ltd., BYD Co. Ltd., Dongfeng Motor Group Co. Ltd., Ford Motor Co., Guangzhou Automobile Group Co. Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Porsche Automobil Holding SE, Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Tata Motors Ltd., Tesla Inc., General Motors Co., Toyota Motor Corp., Zhejiang Geely Holding Group Co. Ltd., and China FAW Group Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Motor Vehicles Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the motor vehicles market between 2023 and 2027
  • Precise estimation of the size of the motor vehicles market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of motor vehicles market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Propulsion
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global motor vehicles market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global motor vehicles market 2017 - 2021 (thousand units)
    • 4.2 Propulsion Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Propulsion Segment 2017 - 2021 (thousand units)
    • 4.3 Vehicle Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Vehicle Type Segment 2017 - 2021 (thousand units)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand units)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand units)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Propulsion

    • 6.1 Market segments
      • Exhibit 30: Chart on Propulsion - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Propulsion - Market share 2022-2027 (%)
    • 6.2 Comparison by Propulsion
      • Exhibit 32: Chart on Comparison by Propulsion
      • Exhibit 33: Data Table on Comparison by Propulsion
    • 6.3 ICE - Market size and forecast 2022-2027
      • Exhibit 34: Chart on ICE - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 35: Data Table on ICE - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 36: Chart on ICE - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on ICE - Year-over-year growth 2022-2027 (%)
    • 6.4 Electric - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Electric - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 39: Data Table on Electric - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 40: Chart on Electric - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Electric - Year-over-year growth 2022-2027 (%)
    • 6.5 Hybrid - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Hybrid - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 43: Data Table on Hybrid - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 44: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Propulsion
      • Exhibit 46: Market opportunity by Propulsion (thousand units)
      • Exhibit 47: Data Table on Market opportunity by Propulsion (thousand units)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Vehicle Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Vehicle Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 50: Chart on Comparison by Vehicle Type
      • Exhibit 51: Data Table on Comparison by Vehicle Type
    • 7.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Passenger cars - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 53: Data Table on Passenger cars - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 54: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Commercial vehicles - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 57: Data Table on Commercial vehicles - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 58: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Vehicle Type
      • Exhibit 60: Market opportunity by Vehicle Type (thousand units)
      • Exhibit 61: Data Table on Market opportunity by Vehicle Type (thousand units)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 99: Chart on India - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 100: Data Table on India - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography (thousand units)
      • Exhibit 108: Market opportunity by geography (thousand units) - Volume

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Bayerische Motoren Werke AG
              • Exhibit 115: Bayerische Motoren Werke AG - Overview
              • Exhibit 116: Bayerische Motoren Werke AG - Business segments
              • Exhibit 117: Bayerische Motoren Werke AG - Key news
              • Exhibit 118: Bayerische Motoren Werke AG - Key offerings
              • Exhibit 119: Bayerische Motoren Werke AG - Segment focus
            • 12.4 Beijing Automotive Group Co. Ltd.
              • Exhibit 120: Beijing Automotive Group Co. Ltd. - Overview
              • Exhibit 121: Beijing Automotive Group Co. Ltd. - Product / Service
              • Exhibit 122: Beijing Automotive Group Co. Ltd. - Key offerings
            • 12.5 BYD Co. Ltd.
              • Exhibit 123: BYD Co. Ltd. - Overview
              • Exhibit 124: BYD Co. Ltd. - Business segments
              • Exhibit 125: BYD Co. Ltd. - Key news
              • Exhibit 126: BYD Co. Ltd. - Key offerings
              • Exhibit 127: BYD Co. Ltd. - Segment focus
            • 12.6 China FAW Group Co. Ltd.
              • Exhibit 128: China FAW Group Co. Ltd. - Overview
              • Exhibit 129: China FAW Group Co. Ltd. - Product / Service
              • Exhibit 130: China FAW Group Co. Ltd. - Key offerings
            • 12.7 Dongfeng Motor Group Co. Ltd.
              • Exhibit 131: Dongfeng Motor Group Co. Ltd. - Overview
              • Exhibit 132: Dongfeng Motor Group Co. Ltd. - Business segments
              • Exhibit 133: Dongfeng Motor Group Co. Ltd. - Key offerings
              • Exhibit 134: Dongfeng Motor Group Co. Ltd. - Segment focus
            • 12.8 Ford Motor Co.
              • Exhibit 135: Ford Motor Co. - Overview
              • Exhibit 136: Ford Motor Co. - Business segments
              • Exhibit 137: Ford Motor Co. - Key news
              • Exhibit 138: Ford Motor Co. - Key offerings
              • Exhibit 139: Ford Motor Co. - Segment focus
            • 12.9 General Motors Co.
              • Exhibit 140: General Motors Co. - Overview
              • Exhibit 141: General Motors Co. - Business segments
              • Exhibit 142: General Motors Co. - Key news
              • Exhibit 143: General Motors Co. - Key offerings
              • Exhibit 144: General Motors Co. - Segment focus
            • 12.10 Honda Motor Co. Ltd.
              • Exhibit 145: Honda Motor Co. Ltd. - Overview
              • Exhibit 146: Honda Motor Co. Ltd. - Business segments
              • Exhibit 147: Honda Motor Co. Ltd. - Key news
              • Exhibit 148: Honda Motor Co. Ltd. - Key offerings
              • Exhibit 149: Honda Motor Co. Ltd. - Segment focus
            • 12.11 Hyundai Motor Co.
              • Exhibit 150: Hyundai Motor Co. - Overview
              • Exhibit 151: Hyundai Motor Co. - Business segments
              • Exhibit 152: Hyundai Motor Co. - Key news
              • Exhibit 153: Hyundai Motor Co. - Key offerings
              • Exhibit 154: Hyundai Motor Co. - Segment focus
            • 12.12 Mercedes Benz Group AG
              • Exhibit 155: Mercedes Benz Group AG - Overview
              • Exhibit 156: Mercedes Benz Group AG - Business segments
              • Exhibit 157: Mercedes Benz Group AG - Key offerings
              • Exhibit 158: Mercedes Benz Group AG - Segment focus
            • 12.13 Porsche Automobil Holding SE
              • Exhibit 159: Porsche Automobil Holding SE - Overview
              • Exhibit 160: Porsche Automobil Holding SE - Business segments
              • Exhibit 161: Porsche Automobil Holding SE - Key offerings
              • Exhibit 162: Porsche Automobil Holding SE - Segment focus
            • 12.14 Renault SAS
              • Exhibit 163: Renault SAS - Overview
              • Exhibit 164: Renault SAS - Product / Service
              • Exhibit 165: Renault SAS - Key offerings
            • 12.15 SAIC Motor Corp. Ltd.
              • Exhibit 166: SAIC Motor Corp. Ltd. - Overview
              • Exhibit 167: SAIC Motor Corp. Ltd. - Business segments
              • Exhibit 168: SAIC Motor Corp. Ltd. - Key news
              • Exhibit 169: SAIC Motor Corp. Ltd. - Key offerings
              • Exhibit 170: SAIC Motor Corp. Ltd. - Segment focus
            • 12.16 Stellantis NV
              • Exhibit 171: Stellantis NV - Overview
              • Exhibit 172: Stellantis NV - Business segments
              • Exhibit 173: Stellantis NV - Key news
              • Exhibit 174: Stellantis NV - Key offerings
              • Exhibit 175: Stellantis NV - Segment focus
            • 12.17 Toyota Motor Corp.
              • Exhibit 176: Toyota Motor Corp. - Overview
              • Exhibit 177: Toyota Motor Corp. - Business segments
              • Exhibit 178: Toyota Motor Corp. - Key offerings
              • Exhibit 179: Toyota Motor Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: 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.

              INFORMATION 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

              DATA 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

              REPORT 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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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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