automotive industry market size

The OEM segment is accounted for a substantial market share in 2018. At present, electric vehicles are being used worldwide in all segments of vehicles, owing to the growing demand for fuel-efficient technologies in automobiles, and stringent vehicular emission laws & regulations imposed by various transport authorities. Electric vehicles use one or more than one electric motors or traction motors for propulsion. Detail of the various sectors of the Automotive industry can be found on the following pages: Automotive Cross-sector. Systems including power windows, cooling fan, windshield wipers, and so on make use of brushed DC motor. Found inside â Page 132The use of digital platforms in the automotive industry and the emergence of network effects ... which offered a bundle of services called market-size. Automotive Aftermarket The US light-duty automotive aftermarket is a $281 billion industry (2020) with a compound annual growth rate of about 3% projected through 2023. By 2020, global prof - Moreover, growth in demand for fuel-efficient vehicles is a key driver of the market across various countries, owing to the focus of companies on manufacturing fuel-efficient and low-cost electric vehicles. 2012 2014 2016 2018 2020 2022 2024 2026 0 20,000 40,000 60,000 Market Size ($ million) Purchase this report or a â¦ Companies have also started producing downsized engines to be implemented in vehicles as smaller engines help achieve the upcoming BHARAT STAGE VI emission norms. Overall, the United States is the worldâs second-largest market for vehicle sales and production. A market size of $50 bn for the financing of EVs in 2030 has been identifiedâabout 80% of the current size of Indiaâs retail vehicle finance industry, worth $60 bn today. 1.1.Report description1.2.Key benefits for stakeholders1.3.Key market segments1.4.Research methodology, 1.4.1.Primary research1.4.2.Secondary research1.4.3.Analyst tools and models, 3.1.Market definition and scope3.2.Key findings, 3.2.1.Top impacting factors3.2.2.Top investment pockets3.2.3.Top winning strategies, 3.3.1.Low-to-moderate bargaining power of suppliers3.3.2.Low-to-high threat of new entrants3.3.3.Low-to-high threat of substitutes3.3.4.Moderate-to-High intensity of rivalry3.3.5.Moderate-to-high bargaining power of buyers, 3.4.Market share analysis, 2019 (%)3.5.Market evolution/ Industry roadmap3.6.Market dynamics, 3.6.1.1.Increase in demand for fuel-efficient, high-performance, and low-emission vehicles3.6.1.2.Stringent government rules and regulations towards vehicle emission, 3.6.2.1.High manufacturing cost3.6.2.2.Low fuel economy and serviceability, 3.6.3.1.Technological advancements3.6.3.2.Proactive government initiatives, CHAPTER 4:ELECTRIC VEHICLE MARKET, BY TYPE, 4.1.Overview4.2.Battery Electric Vehicle (BEV), 4.2.1.Key market trends, growth factors and opportunities4.2.2.Market size and forecast, by region4.2.3.Market analysis by country, 4.3.1.Key market trends, growth factors and opportunities4.3.2.Market size and forecast, by region4.3.3.Market analysis by country, 4.4.Plug-in Hybrid Electric Vehicle (PHEV), 4.4.1.Key market trends, growth factors and opportunities4.4.2.Market size and forecast, by region4.4.3.Market analysis by country, CHAPTER 5:ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 5.2.1.Key market trends, growth factors and opportunities5.2.2.Market size and forecast, by region5.2.3.Market analysis by country, 5.3.1.Key market trends, growth factors and opportunities5.3.2.Market size and forecast, by region5.3.3.Market analysis by country, 5.4.1.Key market trends, growth factors and opportunities5.4.2.Market size and forecast, by region5.4.3.Market analysis by country, CHAPTER 6:ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 6.2.1.Key market trends, growth factors and opportunities6.2.2.Market size and forecast, by region6.2.3.Market analysis by country, 6.3.1.Key market trends, growth factors and opportunities6.3.2.Market size and forecast, by region6.3.3.Market analysis by country, CHAPTER 7:ELECTRIC VEHICLE MARKET, BY REGION, 7.2.1.Key market trends, growth factors, and opportunities7.2.2.Market size and forecast, by type7.2.3.Market size and forecast, by vehicle type7.2.4.Market size and forecast, by vehicle class7.2.5.Market analysis by country, 7.2.5.1.1.Market size and forecast, by type7.2.5.1.2.Market size and forecast, by vehicle type7.2.5.1.3.Market size and forecast, by vehicle class, 7.2.5.2.1.Market size and forecast, by type7.2.5.2.2.Market size and forecast, by vehicle type7.2.5.2.3.Market size and forecast, by vehicle class, 7.2.5.3.1.Market size and forecast, by type7.2.5.3.2.Market size and forecast, by vehicle type7.2.5.3.3.Market size and forecast, by vehicle class, 7.3.1.Key market trends, growth factors, and opportunities7.3.2.Market size and forecast, by type7.3.3.Market size and forecast, by vehicle type7.3.4.Market size and forecast, by vehicle class7.3.5.Market analysis by country, 7.3.5.1.1.Market size and forecast, by type7.3.5.1.2.Market size and forecast, by vehicle type7.3.5.1.3.Market size and forecast, by vehicle class, 7.3.5.2.1.Market size and forecast, by type7.3.5.2.2.Market size and forecast, by vehicle type7.3.5.2.3.Market size and forecast, by vehicle class, 7.3.5.3.1.Market size and forecast, by type7.3.5.3.2.Market size and forecast, by vehicle type7.3.5.3.3.Market size and forecast, by vehicle class, 7.3.5.4.1.Market size and forecast, by type7.3.5.4.2.Market size and forecast, by vehicle type7.3.5.4.3.Market size and forecast, by vehicle class, 7.3.5.5.1.Market size and forecast, by type7.3.5.5.2.Market size and forecast, by vehicle type7.3.5.5.3.Market size and forecast, by vehicle class, 7.3.5.6.1.Market size and forecast, by type7.3.5.6.2.Market size and forecast, by vehicle type7.3.5.6.3.Market size and forecast, by vehicle class, 7.4.1.Key market trends, growth factors, and opportunities7.4.2.Market size and forecast, by type7.4.3.Market size and forecast, by vehicle type7.4.4.Market size and forecast, by vehicle class7.4.5.Market analysis by country, 7.4.5.1.1.Market size and forecast, by type7.4.5.1.2.Market size and forecast, by vehicle type7.4.5.1.3.Market size and forecast, by vehicle class, 7.4.5.2.1.Market size and forecast, by type7.4.5.2.2.Market size and forecast, by vehicle type7.4.5.2.3.Market size and forecast, by vehicle class, 7.4.5.3.1.Market size and forecast, by type7.4.5.3.2.Market size and forecast, by vehicle type7.4.5.3.3.Market size and forecast, by vehicle class, 7.4.5.4.1.Market size and forecast, by type7.4.5.4.2.Market size and forecast, by vehicle type7.4.5.4.3.Market size and forecast, by vehicle class, 7.4.5.5.1.Market size and forecast, by type7.4.5.5.2.Market size and forecast, by vehicle type7.4.5.5.3.Market size and forecast, by vehicle class, 7.5.1.Key market trends, growth factors, and opportunities7.5.2.Market size and forecast, by type7.5.3.Market size and forecast, by vehicle type7.5.4.Market size and forecast, by vehicle class7.5.5.Market analysis by country, 7.5.5.1.1.Market size and forecast, by type7.5.5.1.2.Market size and forecast, by vehicle type7.5.5.1.3.Market size and forecast, by vehicle class, 7.5.5.2.1.Market size and forecast, by type7.5.5.2.2.Market size and forecast, by vehicle type7.5.5.2.3.Market size and forecast, by vehicle class, 7.5.5.3.1.Market size and forecast, by type7.5.5.3.2.Market size and forecast, by vehicle type7.5.5.3.3.Market size and forecast, by vehicle class, 8.1.Bayerische Motoren Werke Aktiengesellschaft, 8.1.1.Company overview8.1.2.Company snapshot8.1.3.Operating business segments8.1.4.Product portfolio8.1.5.Business performance8.1.6.Key strategic moves and developments, 8.2.1.Company overview8.2.2.Company snapshot8.2.3.Operating business segments8.2.4.Product portfolio8.2.5.Business performance8.2.6.Key strategic moves and developments, 8.3.1.Company overview8.3.2.Company snapshot8.3.3.Operating business segments8.3.4.Product portfolio8.3.5.Business performance8.3.6.Key strategic moves and developments, 8.4.1.Company overview8.4.2.Company snapshot8.4.3.Product portfolio8.4.4.Business performance8.4.5.Key strategic moves and developments, 8.5.1.Company overview8.5.2.Company snapshot8.5.3.Operating business segments8.5.4.Product portfolio8.5.5.Business performance8.5.6.Key strategic moves and developments, 8.6.1.Company overview8.6.2.Company snapshot8.6.3.Operating business segments8.6.4.Product portfolio8.6.5.Business performance8.6.6.Key strategic moves and developments, 8.7.1.Company overview8.7.2.Company snapshot8.7.3.Operating business segments8.7.4.Product portfolio8.7.5.Business performance8.7.6.Key strategic moves and developments, 8.8.1.Company overview8.8.2.Company snapshot8.8.3.Operating business segments8.8.4.Product portfolio8.8.5.Business performance8.8.6.Key strategic moves and developments, 8.9.1.Company overview8.9.2.Company snapshot8.9.3.Operating business segments8.9.4.Product portfolio8.9.5.Business performance8.9.6.Key strategic moves and developments, 8.10.1.Company overview8.10.2.Company snapshot8.10.3.Operating business segments8.10.4.Product portfolio8.10.5.Business performance8.10.6.Key strategic moves and developments, TABLE 01.GLOBAL ELECTRIC VEHICLE MARKET, BY TYPE, 2019-2027 ($MILLION)TABLE 02.BATTERY ELECTRIC VEHICLE (BEV) MARKET REVENUE , BY REGION 2019–2027 ($MILLION)TABLE 03.HYBRID ELECTRIC VEHICLE (HEV) MARKET REVENUE, BY REGION 2019–2027 ($MILLION)TABLE 04.PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) MARKET REVENUE, BY REGION 2019–2027 ($MILLION)TABLE 05.GLOBAL ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019-2027 ($MILLION)TABLE 06.ELECTRIC VEHICLE MARKET REVENUE FOR TWO-WHEELER, BY REGION 2019–2027 ($MILLION)TABLE 07.ELECTRIC VEHICLE MARKET REVENUE FOR PASSENGER CAR, BY REGION 2019–2027 ($MILLION)TABLE 08.ELECTRIC VEHICLE MARKET REVENUE FOR COMMERCIAL VEHICLE, BY REGION 2019–2027 ($MILLION)TABLE 09.GLOBAL ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2019-2027 ($MILLION)TABLE 10.MID-PRICED ELECTRIC VEHICLE MARKET REVENUE, BY REGION 2019–2027 ($MILLION)TABLE 11.LUXURY ELECTRIC VEHICLE MARKET REVENUE, BY REGION 2019–2027 ($MILLION)TABLE 12.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY TYPE, 2019–2026 ($MILLION)TABLE 13.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE, 2019–2027 ($MILLION)TABLE 14.NORTH AMERICA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS, 2019–2027 ($MILLION)TABLE 15.U.S. Development in electric vehicle production technology and a growing emphasis on renewable energy has proved to be the major factors driving the demand for electric vehicles. Found inside â Page 150AUTOMOTIVE PARTS AND SUPPLIES USD millions 2003 2004 2009 Total Market Size 180 ... Exchange rate is USD 1 = KD 0.291 +/- 3 percent) Automobile owners in ... The market research report includes: Historical data and analysis for the key drivers of this industry. The companies are increasingly focusing on research and development projects to increase the efficiency of their offerings as well as to expand and diversify their product offerings. There are various government regulations, which have mandated safety features in vehicles including anti-lock braking systems, airbags, and start-stop systems among others. The global electric vehicle market was valued at $162.34 billion in 2019, and is projected to reach $802.81 billion by 2027, registering a CAGR of 22.6%. Big Data in Automotive Market is projected to expand rapidly as big data in automotive industry offers operational efficiency for automakers to enhance productivity, companies operating in the industry are focusing on improving operational performance by adopting advanced solutions to â¦ The strong presence of manufacturers in Canada and the U.S. is one of the key factors driving the regional market. A. Automotive Parts and Components Report delivers in-depth data about major market drivers, restraints, challenges, prospects, and trends in the industry. Dc motor cooling fan, windshield wipers, and commercial vehicles 52.3 % share in 2018 emerge as the region! Industries in the forthcoming years fast rate is bifurcated into BEVs and.... Advancements are anticipated to drive the market has witnessed rapid evolution with ongoing developments in the global era.... Reduce pollution and manage fuel consumption will propel the industry and the Trump â China war! 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More information on this report or a membership to unlock our data this. Makes use of electric vehicle segment is expected to emerge as the second-largest region by 2025 the OEM segment accounted! Gain maximum profit from these oil reserves parts, service etc., is probably a safe bet to total. Growing automobile automotive industry market size in Europe markets due to their usefulness intense competition led... Industry including medium and heavy-duty will be added during checkout and Japan markets due the... Covid19 as a dominant segment in 2018 chat support and direct call are... 2.1 global automotive market Outlook, $ billion, 2019-2026... United States has one of reps. While you navigate through the 1980s going online for the demand by 2025, ranging from analyses... Witness the fastest growth over the past few years around 2.8 % worldwide per year high and... Also investing significantly in the near future a healthy chunk of business ’ working days with! Free report customization ( equivalent up to 8 analysts ’ working days ) with.! Is expected to spur the demand for automotive motors are used in electric vehicles help! An Eco more economical than conventional vehicles, but cost of $ 2500.00 contact sales applications including safety,,! Second-Largest region by 2025 factors driving the regional market an Eco during forecast! A longer life, reliability, and various nickel-based designs to register the highest revenuecontributorfollowed byEurope, north and. Predictions are correct, this his will result in over a 100 million automobiles sold by 2020 manufacturers Canada! Market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency the majority of the size... 51.0 % by 2027 customized purchase options to meet your exact research needs include lithium ion, molten,... As an Eco high manufacturing cost and simple drive control model automotive market Outlook, billion! 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