Key Highlights
- The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
- The Asia-Pacific car manufacturing industry had total revenues of $717.5 billion in 2022, representing a compound annual growth rate (CAGR) of 0.9% between 2017 and 2022.
- Industry consumption volumes declined with a negative CAGR of 1.1% between 2017 and 2022, reaching a total of 45.3 million units in 2022.
- The Asia-Pacific car manufacturing industry’s growth can be attributed to an increase in export demand for cars. According to the latest data from the Observatory of Economic Complexity (OEC), Japan recorded a positive trade balance of $77.5 billion for car vehicles in 2021, whereas India and South Korea recorded a positive trade balance of $5.6 billion and $32.7 billion, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Asia-Pacific
- 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 Asia-Pacific car manufacturing market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific car manufacturing market by value in 2022?
- What will be the size of the Asia-Pacific car manufacturing market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific car manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's car manufacturing market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corporation
- Hyundai Motor Company
- General Motors Company
- Volkswagen AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 60 |
Published | April 2023 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 717.49 Billion |
Forecasted Market Value ( USD | $ 931.71 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Asia Pacific |