Motor Vehicles Market

A motor vehicle, also known as motorized vehicle or automotive vehicle, is a self-propelled vehicle, commonly wheeled, that does not operate on rails (such as trains or trams) and is used for the transportation of people or cargo. The vehicle propulsion is provided by an engine or motor, usually an internal combustion engine or an electric motor, or some combination of the two, such as hybrid electric vehicles and plug-in hybrids. For legal purpose, motor vehicles are often identified within a number of vehicle classes including cars, buses, motorcycles, off-road vehicles, light trucks and regular trucks.

Motor Vehicles Market aims to provide a comprehensive presentation of the global market for Motor Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Vehicles. Motor Vehicles Market contains market size and forecasts of Motor Vehicles in global, including the following market information:

Global Motor Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Motor Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Motor Vehicles companies in 2022 (%)

The global Motor Vehicles market was valued at US$ 2168710 million in 2022 and is projected to reach US$ 2661210 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

In 2019, Asia-Pacific has the largest market share of Motor Vehicles, accounting for about 49%, while North America is the second-largest region-wise market (about 20%).

The main manufacturers are Toyota, Volkswagen Group, Daimler, Ford and General Motors. The Top 5 took up above 40% of the global market in 2019.

Motor Vehicles are mainly classified into the following types: Cars, Buses, Trucks and Motorcycles. Cars accounted for the largest part of the Sales revenue market, with above 63% in 2019.

Motor Vehicles have two applications: Household Use and Commercial Use. Household Use consumed the largest part, with about 84% of the market share by sales volume in 2019.

We surveyed the Motor Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Motor Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Motor Vehicles Market Segment Percentages, by Type, 2022 (%)

Cars

Buses

Trucks

Motorcycles

Global Motor Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Motor Vehicles Market Segment Percentages, by Application, 2022 (%)

Household

Commercial

Global Motor Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Motor Vehicles Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Motor Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Motor Vehicles revenues share in global market, 2022 (%)

Key companies Motor Vehicles sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Motor Vehicles sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Toyota

Volkswagen Group

Daimler

Ford

General Motors

Honda

Fiat Chrysler Automobiles

BMW

Nissan

Hyundai

PSA

Renault

Suzuki

Geely

Outline of Major Chapters:

Chapter 1: Introduces the definition of Motor Vehicles, market overview.

Chapter 2: Global Motor Vehicles market size in revenue and volume.

Chapter 3: Detailed analysis of Motor Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Motor Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Motor Vehicles capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.