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Light Vehicle Market with Focus on Premium Segment: Analysis By Vehicle Type, By Fuel Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

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    Report

  • 168 Pages
  • November 2022
  • Region: Global
  • Daedal Research
  • ID: 5689381
Description Jump to:

The global light vehicle market production in 2021 stood at 75.65 million units, and is likely to reach 135.33 million units by 2027. Light vehicles, according to the International Organization of Motor Vehicle Manufacturers, comprise passenger cars and light commercial vehicles. Since the automotive industry is constantly looking for cutting-edge materials to help reduce vehicle weight and achieve fuel efficiency and carbon emission targets, there has been an increase in demand for light vehicle production in recent years due to the growing acceptance of electric cars and advancements in modern metal alloys. The global light vehicle market production is projected to grow at a CAGR of 10.2% during the forecast period of 2022-2027.

The global premium light vehicle market production in 2021 stood at 9.73 million units, and is likely to reach 15.55 million units by 2027. A premium car is a car that, for a higher price, provides higher levels of comfort, equipment, amenities, quality, performance, and status than conventional cars. In recent years, the market for premium vehicles has been growing significantly across the globe as a result of a shift in consumer preferences from sedans to SUVs, and rising consumer disposable incomes. The global premium light vehicle market is projected to grow at a CAGR of 8.3% during the forecast period of 2022-2027.

Market Segmentation Analysis:

  • By Vehicle Type: The market report has segmented the global light vehicle market by production into two segments on the basis of vehicle type: passenger cars, and light commercial vehicle. The passenger cars segment is the fastest growing segment with a CAGR of 11% during forecast period, due to attributes like their small size, stylish design, and affordable prices
  • By Segment: The global light vehicle market production has been divided into two segments: Mass and Premium segments. The dominant share of global light vehicle market production was being held by mass, followed by premium in 2021, owing to its popularity among the middle-class population due to its affordable prices. Further, the premium vehicle market production can be segmented on the basis of vehicle type (SUV, Sedan, and Hatchback), and fuel type (Gasoline, Diesel, and Electric segments). The SUV segment held almost half of the share of the global premium light vehicle market production in 2021.
  • By Region: According to this report, the global market production can be divided into four major regions: Asia Pacific (China, Japan, India, and Rest of Asia Pacific), Europe (Germany, Spain, France, UK, and rest of Europe), North America (the US, Mexico, and Canada), and Rest of the World. Asia Pacific accounted for the largest share of more than 56% in the global light vehicle market production in 2021. The production for light vehicles in Asia Pacific has recently been predominantly driven by higher labor productivity and the supply and low cost of skilled labor. Moreover, the increased development, commercial and government investments, as well as FDI involvement, would help the region to boom even further.
  • While, for the global premium light vehicle market, in 2021, Europe accounted for the largest share of almost 37%, owing to Europe's larger base of luxury brands such as BMW, Audi, Porsche and Mercedes-Benz, and the growth of safety technology, which are making luxury vehicles safer and more dependable on the road.

Market Dynamics:

  • Growth Drivers: As the disposable income of people increases, the demand for light vehicles, in particular premium vehicles would grow. Rising GNI per capita (PPP) of population leads to greater propensity to consume and save, thereby with higher income to spend they would indulge more in affording such items. Further, the market is expected to grow owing to increasing urban population, increasing female population, technological advancements, increasing use of solar automobiles, rising demand of SUVs, and upsurge in numbers of high-net-worth individuals, etc. in recent years.
  • Challenges: Since the price of light-weight materials would increase, manufacturers are concentrating more on light weight and premium products. When compared to heavier metals, light weighting often results in higher manufacturing costs due to shifting production lines and manpower expenditures, posing a challenge to the market for light vehicles globally. Additionally, other factors like difficulty in maintenance of lightweight materials, etc. are other challenges to the market.
  • Market Trends: Manufacturers are increasingly using Artificial Intelligence and 3D printing to produce car components which can be more complex, flexible and light-weight. This would drive more impact on the premium segment of light vehicle market. AI tools often complete their work with rapid and relatively few errors. More trends in the market are believed to grow the light vehicle market during the forecasted period, which may include upsurge in use of electric vehicles, increase in use of light weight material, reshaping premium vehicles as per market’s preference, integration of big data and business analytics with automobile industry, etc.

Impact Analysis of COVID-19 and Way Forward:

The COVID-19 pandemic has had a negative influence on the light vehicle industry as a whole, attributed to reduced showroom traffic, supply chain affected by the worldwide lockdown, etc. However, the premium car class may fare better than the mass-market passenger vehicle segment. As purchase decisions for premium vehicles by high-net-worth individuals may have been postponed rather than cancelled.

Competitive Landscape and Recent Developments:

The market for light vehicles is largely dominated by automobile manufacturers. They also have an established working relationship with significant composite manufacturing firms. Many OEMs are adding electric vehicles to their model lineups in response to the demand for sustainability and fewer emissions to protect the environment. The industry wants to invest in and create electric vehicles that have the best balance of power and distance between fill-ups.

Further, key players of the light vehicle market with focus on premium segment are:

  • Bayerische Motoren Werke AG
  • Mercedes-Benz Group AG
  • Tesla, Inc.
  • Volkswagen Group
  • General Motors Co.
  • Toyota Motor Corporation
  • Ford Motor Company
  • Stellantis N.V.
  • Zhejiang Geely Holding Group Co., Ltd.
  • Aston Martin Lagonda Global Holdings PLC
  • Exor N.V. (Ferrari N.V.)
  • McLaren Group

The market for premium vehicles has recently seen a wise upswing. Consumers of today are motivated by a variety of amenities, including comfort, convenience, the best entertainment options, and safety features, along with cutting-edge technology like ADAS, the newest electrification trends, and so on. The reason for the segment's consistent expansion is the gradual transition from a requirement to a want for a high-end vehicle supported by well-known brands. Further, the market is heavily influenced by factors like improved living standards globally, more comfort, growing investment in EV technology, and advanced technology. To increase their market share and offer a more opulent experience, major luxury automobile manufacturers are investing in other luxury car businesses. For instance, Mercedes-Benz raised its ownership of Aston Martin from 5% to 20% in 2020. Aston Martin's long-term strategy calls for it to increase sales to US$2.30 billion and generate roughly US$575.51 million over the following five years.

Table of Contents


1. Executive Summary
2. Introduction
2.1 Light Vehicle: An Overview
2.1.1 Definition of Light Vehicle
2.1.2 Light Weight Materials in Light Weight Vehicles
2.2 Premium Car: An Overview
2.2.1 Definition of Premium Car
2.3 Light Vehicle Segmentation: An Overview
2.3.1 Light Vehicle Segmentation
3. Global Market Analysis
3.1 Global Light Vehicle Market: An Analysis
3.1.1 Global Light Vehicle Market by Production: An Overview
3.1.2 Global Light Vehicle Market by Production
3.1.3 Global Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
3.1.4 Global Light Vehicle Market Production by Segment (Mass and Premium)
3.1.5 Global Light Vehicle Market Production by Region (Asia Pacific, Europe, North America, and Rest of the World)
3.2 Global Light Vehicle Market: Vehicle Type Analysis
3.2.1 Global Light Vehicle Market Production by Vehicle Type: An Overview
3.2.2 Global Passenger Light Vehicle Car Market by Production
3.2.3 Global Light Commercial Vehicle Market by Production
3.3 Global Light Vehicle Market: Segment Analysis
3.3.1 Global Light Vehicle Market Production by Segment: An Overview
3.3.2 Global Mass Light Vehicle Market by Production
3.3.3 Global Premium Light Vehicle Market by Production
3.3.4 Global Premium Light Vehicle Market Production by Vehicle Type (SUV, Sedan, and Hatchback)
3.3.5 Global Premium Light Vehicle Market Production by Fuel Type (Gasoline, Diesel, and Electric segments)
3.3.6 Global Premium Light Vehicle Market Production by Region (Europe, Asia Pacific, North America, and Rest of the World)
3.4 Global Premium Light Vehicle Market: Vehicle Type Analysis
3.4.1 Global Premium Light Vehicle Market by Vehicle Type: An Overview
3.4.2 Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
3.4.3 Global Sedan Premium Light Vehicle Market by Production
3.4.4 Global Hatchback Premium Light Vehicle Market by Production
3.5 Global Premium Light Vehicle Market: Fuel Type Analysis
3.5.1 Global Premium Light Vehicle Market Production by Fuel Type: An Overview
3.5.2 Global Gasoline Premium Light Vehicle Market by Production
3.5.3 Global Diesel Premium Light Vehicle Market by Production
3.5.4 Global Electric Premium Light Vehicle Market by Production
4. Regional Market Analysis
4.1 Asia Pacific Light Vehicle Market: An Analysis
4.1.1 Asia Pacific Light Vehicle Market by Production: An Overview
4.1.2 Asia Pacific Light Vehicle Market by Production
4.1.3 Asia Pacific Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
4.1.4 Asia Pacific Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
4.1.5 China Light Vehicle Market by Production
4.1.6 Japan Light Vehicle Market by Production
4.1.7 India Light Vehicle Market by Production
4.1.8 Rest of Asia Pacific Light Vehicle Market by Production
4.2 Asia Pacific Premium Light Vehicle Market: An Analysis
4.2.1 Asia Pacific Premium Light Vehicle Market by Production: An Overview
4.2.2 Asia Pacific Premium Light Vehicle Market by Production
4.2.3 Asia Pacific Premium Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
4.2.4 China Premium Light Vehicle Market by Production
4.2.5 Japan Premium Light Vehicle Market by Production
4.2.6 India Premium Light Vehicle Market by Production
4.2.7 Rest of Asia Pacific Premium Light Vehicle Market by Production
4.3 Europe Light Vehicle Market: An Analysis
4.3.1 Europe Light Vehicle Market by Production: An Overview
4.3.2 Europe Light Vehicle Market by Production
4.3.3 Europe Light Vehicle Market Production by Vehicle Type (Passenger Cars, and Light Commercial Vehicle)
4.3.4 Europe Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
4.3.5 Germany Light Vehicle Market by Production
4.3.6 Spain Light Vehicle Market by Production
4.3.7 France Light Vehicle Market by Production
4.3.8 UK Light Vehicle Market by Production
4.3.9 Rest of Europe Light Vehicle Market by Production
4.4 Europe Premium Light Vehicle Market: An Analysis
4.4.1 Europe Premium Light Vehicle Market by Production: An Overview
4.4.2 Europe Premium Light Vehicle Market by Production
4.4.3 Europe Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
4.4.4 Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
4.4.5 Europe Other Premium Light Vehicle Market by Production
4.4.6 Europe Premium Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
4.4.7 Germany Premium Light Vehicle Market by Production
4.4.8 Spain Premium Light Vehicle Market by Production
4.4.9 France Premium Light Vehicle Market by Production
4.4.10 UK Premium Light Vehicle Market by Production
4.4.11 Rest of Europe Premium Light Vehicle Market by Production
4.5 North America Light Vehicle Market: An Analysis
4.5.1 North America Light Vehicle Market by Production: An Overview
4.5.2 North America Light Vehicle Market by Production
4.5.3 North America Light Vehicle Market Production by Vehicle Type (Light Commercial Vehicle, And Passenger Cars)
4.5.4 North America Light Vehicle Market Production by Region (The US, Mexico, and Canada)
4.5.5 The US Light Vehicle Market by Production
4.5.6 Mexico Light Vehicle Market by Production
4.5.7 Canada Light Vehicle Market by Production
4.6 North America Premium Light Vehicle Market: An Analysis
4.6.1 North America Premium Light Vehicle Market by Production: An Overview
4.6.2 North America Premium Light Vehicle Market by Production
4.6.3 North America Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
4.6.4 North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
4.6.5 North America Other Premium Light Vehicle Market by Production
4.6.6 North America Premium Light Vehicle Market Production by Region (The US, Canada, and Mexico)
4.6.7 The US Premium Light Vehicle Market by Production
4.6.8 Canada Premium Light Vehicle Market by Production
4.6.9 Mexico Premium Light Vehicle Market by Production
4.7 Rest of the World Light Vehicle Market: An Analysis
4.7.1 Rest of the World Light Vehicle Market by Production: An Overview
4.7.2 Rest of the World Light Vehicle Market by Production
4.8 Rest of the World Premium Light Vehicle Market: An Analysis
4.8.1 Rest of the World Premium Light Vehicle Market by Production: An Overview
4.8.2 Rest of the World Premium Light Vehicle Market by Production
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Unemployment
5.1.2 Impact of COVID-19 on Light Vehicle Average Age
5.2 Post-COVID-19 Impact on Global Light Vehicle Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Rising Disposable Income
6.1.2 Rapid Urbanization
6.1.3 Rising Number of High-Net-Worth Individuals (HNWIs)
6.1.4 Rising Female Population
6.1.5 Shift in Technological Advancements
6.1.6 Increasing Use of Solar Automobiles
6.1.7 Rising Demand for SUVs
6.2 Challenges
6.2.1 Increase in Prices of Materials
6.2.2 Difficulty in Maintenance of Light Weight Materials
6.3 Market Trends
6.3.1 Involvement of Artificial Intelligence
6.3.2 Upsurge in Use of Electric Vehicles
6.3.3 Increase in Use of Light Weight Material
6.3.4 Reshaping Premium Vehicles as Per Market’s Preference
6.3.5 Integration of Big Data and Business Analytics with Automobile Industry
7. Competitive Landscape
7.1 Global Light Premium Vehicle Players by Market Share
8. Company Profiles
8.1 Bayerische Motoren Werke AG
8.1.1 Business Overview
8.1.2 Business Segment
8.1.3 Business Strategy
8.2 Mercedes-Benz Group AG
8.2.1 Business Overview
8.2.2 Operating Division
8.2.3 Business Strategy
8.3 Tesla, Inc.
8.3.1 Business Overview
8.3.2 Operating Segment
8.3.3 Business Strategy
8.4 Volkswagen Group
8.4.1 Business Overview
8.4.2 Operating Segment
8.4.3 Business Strategy
8.5 General Motors Co.
8.5.1 Business Overview
8.5.2 Operating Segment
8.5.3 Business Strategy
8.6 Toyota Motor Corporation
8.6.1 Business Overview
8.6.2 Operating Segment
8.6.3 Business Strategy
8.7 Ford Motor Company
8.7.1 Business Overview
8.7.2 Operating Segment
8.7.3 Business Strategy
8.8 Stellantis NV
8.8.1 Business Overview
8.8.2 Operating Segment
8.8.3 Business Strategy
8.9 Zhejiang Geely Holding Group Co., Ltd.
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Aston Martin Lagonda Global Holdings PLC
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 Exor N.V. (Ferrari N.V.)
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 McLaren Group
8.12.1 Business Overview
8.12.2 Business Strategy
List of Figures
Figure 1: Light Weight Materials in Light Weight Vehicles
Figure 2: Light Vehicle Segmentation
Figure 3: Global Light Vehicle Market by Production; 2017-2021 (Million Units)
Figure 4: Global Light Vehicle Market by Production; 2022-2027 (Million Units)
Figure 5: Global Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 6: Global Light Vehicle Market Production by Segment; 2021 (Percentage, %)
Figure 7: Global Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 8: Global Passenger Light Vehicle Car Market by Production, 2017-2021 (Million Units)
Figure 9: Global Passenger Light Vehicle Car Market by Production, 2022-2027 (Million Units)
Figure 10: Global Light Commercial Vehicle Market by Production, 2017-2021 (Million Units)
Figure 11: Global Light Commercial Vehicle Market by Production, 2022-2027 (Million Units)
Figure 12: Global Mass Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 13: Global Mass Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 14: Global Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 15: Global Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 16: Global Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 17: Global Premium Light Vehicle Market Production by Fuel Type; 2021 (Percentage, %)
Figure 18: Global Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 19: Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 20: Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 21: Global Sedan Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 22: Global Sedan Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 23: Global Hatchback Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 24: Global Hatchback Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 25: Global Gasoline Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 26: Global Gasoline Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 27: Global Diesel Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 28: Global Diesel Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 29: Global Electric Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 30: Global Electric Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 31: Asia Pacific Light Vehicle Market by Production; 2017-2021 (Million Units)
Figure 32: Asia Pacific Light Vehicle Market by Production; 2022-2027 (Million Units)
Figure 33: Asia Pacific Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 34: Asia Pacific Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 35: China Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 36: China Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 37: Japan Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 38: Japan Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 39: India Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 40: India Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 41: Rest of Asia Pacific Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 42: Rest of Asia Pacific Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 43: Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 44: Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 45: Asia Pacific Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 46: China Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 47: China Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 48: Japan Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 49: Japan Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 50: India Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 51: India Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 52: Rest of Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 53: Rest of Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 54: Europe Light Vehicle Market by Production; 2017-2021 (Million Units)
Figure 55: Europe Light Vehicle Market by Production; 2022-2027 (Million Units)
Figure 56: Europe Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 57: Europe Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 58: Germany Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 59: Germany Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 60: Spain Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 61: Spain Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 62: France Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 63: France Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 64: UK Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 65: UK Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 66: Rest of Europe Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 67: Rest of Europe Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 68: Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 69: Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 70: Europe Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 71: Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 72: Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 73: Europe Other Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 74: Europe Other Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 75: Europe Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 76: Germany Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 77: Germany Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 78: Spain Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 79: Spain Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 80: France Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 81: France Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 82: UK Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 83: UK Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 84: Rest of Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 85: Rest of Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 86: North America Light Vehicle Market by Production; 2017-2021 (Million Units)
Figure 87: North America Light Vehicle Market by Production; 2022-2027 (Million Units)
Figure 88: North America Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 89: North America Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 90: The US Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 91: The US Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 92: Mexico Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 93: Mexico Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 94: Canada Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 95: Canada Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 96: North America Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 97: North America Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 98: North America Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
Figure 99: North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 100: North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 101: North America Other Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 102: North America Other Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 103: North America Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
Figure 104: The US Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 105: The US Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 106: Canada Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 107: Canada Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 108: Mexico Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 109: Mexico Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
Figure 110: Rest of the World Light Vehicle Market by Production, 2019-2021 (Million Units)
Figure 111: Rest of the World Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 112: Rest of the World Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
Figure 113: Rest of the World Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
Figure 114: Global Labor Force; 2017-2021 (Billion)
Figure 115: The US Light Vehicle Average Age; 2017-2021 (Years)
Figure 116: Global GNI per capita, PPP (Current International US$); 2017-2021 (US$ Thousand)
Figure 117: Global Urban Population; 2017-2021 (Percentage, %)
Figure 118: Global Number of High Net Worth Individuals (HNWIs); 2017-2021 (Million)
Figure 119: Global Female Population; 2017-2021 (Billion)
Figure 120: Global Artificial Intelligence (AI) Market Revenues; 2020-2023 (US$ Billion)
Figure 121: Global Electric Car Stock; 2017-2021 (Million)
Figure 122: Global Premium Light Vehicle Players by Market Share; 2021 (Percentage, %)
Figure 123: Bayerische Motoren Werke AG Revenue by Business Segment; 2021 (Percentage, %)
Figure 124: Mercedes-Benz Group AG Revenue by Division; 2021 (Percentage, %)
Figure 125: Tesla, Inc. Revenue by Segment; 2021 (Percentage, %)
Figure 126: Volkswagen Group Sale Revenue by Segment; 2021 (Percentage, %)
Figure 127: General Motors Co. Total Net Sales and Revenue by Segment; 2021 (Percentage, %)
Figure 128: Toyota Motor Corporation Sales Revenues by Segment; 2022 (Percentage, %)
Figure 129: Ford Motor Company Total Revenues by Segment; 2022 (Percentage, %)
Figure 130: Stellantis NV Total Revenues by Segment; 2022 (Percentage, %)

Companies Mentioned

  • Bayerische Motoren Werke AG
  • Mercedes-Benz Group AG
  • Tesla, Inc.
  • Volkswagen Group
  • General Motors Co.
  • Toyota Motor Corporation
  • Ford Motor Company
  • Stellantis N.V.
  • Zhejiang Geely Holding Group Co., Ltd.
  • Aston Martin Lagonda Global Holdings PLC
  • Exor N.V. (Ferrari N.V.)
  • McLaren Group

Methodology

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