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The passenger car market is forecasted to grow by USD 873.26 billion during 2023-2028, accelerating at a CAGR of 7.96% during the forecast period. The report on the passenger car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of EVs, rise of ridesharing platforms, and increasing incorporation of electronics in passenger cars.
The passenger car market is segmented as below:
By Type
- SUV
- Hatchback
- Sedan
- MPV
By Fuel Type
- ICE Vehicles
- Hybrid
- Electric
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the passenger car market covers the following areas:
- Passenger car market sizing
- Passenger car market forecast
- Passenger car market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Fuel Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global passenger car market: Aston Martin Lagonda Ltd., BMW AG, BYD Co. Ltd., Ford Motor Co., Geely Auto International Corp., General Motors Co., Great Wall Motor Co. Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mazda Motor Corp., Mercedes Benz Group AG, Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Suzuki Motor Corp., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing use of 3D printing in passenger cars.'
According to the report, one of the major drivers for this market is the growing popularity of EVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aston Martin Lagonda Ltd.
- BMW AG
- BYD Co. Ltd.
- Ford Motor Co.
- Geely Auto International Corp.
- General Motors Co.
- Great Wall Motor Co. Ltd.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- Mahindra and Mahindra Ltd.
- Mazda Motor Corp.
- Mercedes Benz Group AG
- Renault SAS
- SAIC Motor Corp. Ltd.
- Stellantis NV
- Suzuki Motor Corp.
- Tata Motors Ltd.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG