Category: Automotive
Automotive market research reports by Euromonitor International
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Premium and Luxury Cars in Australia
Premium and Luxury Cars in Australia The economic downturn, cost-of-living pressures, higher interest rates and resultant slowdown in consumer spending has finally impacted demand for premium and luxury cars in Australia. General market deliveries declined for the first time in June 2024, according ... Read More
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Mobility in Singapore
Mobility in Singapore In 2023, light vehicle sales in Singapore declined due to the rising costs of ownership, largely borne by surging Certificate of Entitlement (COE) premiums and higher petrol prices. Large-size cars such as SUVs, crossovers and multi purpose cars are the best-selling categories. ... Read More
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Mobility in Thailand
Mobility in Thailand In 2023, light vehicle sales declined due to excessive household debt, stringent credit terms and rising interest rates. Electric cars gained popularity and achieved outstanding growth in 2023. Chinese manufacturers have advantages in the EV sector and obtain the major market sh ... Read More
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Mobility in Malaysia
Mobility in Malaysia In 2024, light vehicle sales in Malaysia continued to grow strongly. SUVs and crossovers recorded the strongest growth because of changing consumer preferences towards versatility and safety. Electric car registrations increased robustly. Yet, there were still no EV models from ... Read More
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Mobility in the Netherlands
Mobility in the Netherlands The Netherlands is very much a cycling nation, with the country also boasting an efficient and affordable public transport network. However, the Netherlands is also the leader in EV charger development in Europe, with a particularly large number of charging points in the ... Read More
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Mobility in South Africa
Mobility in South Africa Light vehicle sales are showing signs of recovery but are still below pre-pandemic levels. EV registrations soared at a CAGR of 95.2% from 2018 to 2023, however EVs are still relatively small in popularity. The shared mobility sector rebounded post-pandemic, reaching ZAR22.8 ... Read More
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Premium and Luxury Cars in Sweden
Premium and Luxury Cars in Sweden Premium and luxury cars remains a strong category in Sweden in 2024, despite overall economic uncertainty, inflationary pressures, and a weak local currency. This can also be evidenced by the fact that the leading players in luxury goods are also those who sell luxu ... Read More
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Premium and Luxury Cars in South Africa
Premium and Luxury Cars in South Africa Premium and luxury cars continued to see strong growth in current value and retail volume terms in South Africa in 2024. A more stable rate of inflation in the country, alongside the growing number of affluent consumers has helped to sustain a healthy demand f ... Read More
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Premium and Luxury Cars in Poland
Premium and Luxury Cars in Poland Premium and luxury cars has been the most dynamic area of luxury goods in Poland in 2024, recording double-digit growth in retail value and volume terms. Despite efforts from the government to encourage consumers to switch to electric and hybrid vehicles most Polish ... Read More
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Mobility in Mexico
Mobility in Mexico In 2023, Mexico's light vehicle sales grew at a double-digit rate as the industry fully recovered. Mexicans continue to favour ride hailing services. Because of changes in customer behaviour, online car rentals are still thriving. The development of electric vehicles, public trans ... Read More
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Mobility in Japan
Mobility in Japan Mobility in Japan saw positive growth in light vehicle sales in 2023 for the first time since 2018, driven by the end of COVID-19 restrictions. However, negative growth is anticipated from 2023 to 2028. The rise of electric and alternative fuel vehicles has been seen, driven by the ... Read More
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Mobility in Poland
Mobility in Poland Light vehicle sales show signs of recovery with fading effect of supply chain disruptions and more optimistic consumer expectations. Electric vehicles are increasingly embraced by consumers, though questions regarding charging infrastructure remain. Ride hailing companies face dri ... Read More
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Mobility in South Korea
Mobility in South Korea The mobility industry was impacted by the economic slowdown, high interest rates and challenges people faced in purchasing new vehicles. Despite the resolution of the semiconductor supply issue, the car sales market recorded low growth in 2023. Electric car registrations also ... Read More
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Premium and Luxury Cars in Hong Kong, China
Premium and Luxury Cars in Hong Kong, China Value sales of premium and luxury cars are set to grow by 8% in current terms in Hong Kong in 2024 to total HKD16.1 billion. This will represent a return to growth, with sales having fallen dramatically in 2023 after two years of exceptionally strong growt ... Read More
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Premium and Luxury Cars in China
Premium and Luxury Cars in China Current value sales of premium and luxury cars are up by 3% to total CNY1.929 billion in China in 2024, thanks to persistent demand from higher-income consumers, with expenditure proving resilient in the face of macroeconomic headwinds. Wealth determines the degree o ... Read More
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Premium and Luxury Cars in Singapore
Premium and Luxury Cars in Singapore Retail value sales of premium and luxury cars rose by a significant 30% to a total of SGD5.2 billion in 2024, with wealthy consumers showcasing resilience in the face of macroeconomic challenges. Sales are heavily based on high consumer confidence amongst the wea ... Read More
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Premium and Luxury Cars in the Philippines
Premium and Luxury Cars in the Philippines Sales of premium and luxury cars in the Philippines continue to be significantly influenced by the economic landscape in 2024. Therefore, the trends seen connected to urbanisation and the growth of the middle-class are helping to boost sales in premium and ... Read More
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Mobility in Italy
Mobility in Italy Light vehicle sales recorded the highest post-pandemic volume, while electric car registrations marked another strong year, however, due to demographic challenges, sales are likely to grow slowly over the forecast period. Similarly, car rental retail value registered another positi ... Read More
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Mobility in Indonesia
Mobility in Indonesia In 2023, weaker economic growth and high interest rates resulted in declining light vehicle sales. Other categories, including shared mobility and car rental observed double-digit growth rates. Strong performance is expected to carry on for most categories over 2023-2028. Meanw ... Read More
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Mobility in China
Mobility in China Mobility in China saw a strong recovery in 2023, as commuting and travel demand rebounded following the ending of COVID-19 restrictions. Light vehicle sales witnessed solid growth of 10.2%, with the share of electric cars reaching 31.8%. Supportive government policies, technologica ... Read More
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Mobility in Vietnam
Mobility in Vietnam In 2023, light vehicle sales in Vietnam declined due to the unpredictability of the economy and unstable bank interest rates that affect consumers' purchasing power. The market is forecast to rebound and grow over 2024-2028. Electric vehicles grew robustly in 2023 as the local pl ... Read More
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Mobility in Germany
Mobility in Germany Light vehicles sales in Germany returned to growth in 2023. The number of BEVs registered kept rising, while PHEVs drastically declined since incentives ended. More Germans are trying to reduce their carbon footprints by using more public transport and shared mobility. The car re ... Read More
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Mobility in France
Mobility in France France's mobility industry recovered in 2023, with light vehicle sales growing by 13.4%. The government is seeking to reduce carbon emissions in the mobility sector by pushing the EV transition through incentives and infrastructure investments, while also encouraging shared mobili ... Read More
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Motor Vehicles and Parts in the US: ISIC 34
Motor Vehicles and Parts in the US: ISIC 34 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Motor Vehicles and Parts: ISIC 34 market at a national level. It provides th ... Read More
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Ships and Boats in the US: ISIC 351
Ships and Boats in the US: ISIC 351 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Ships and Boats: ISIC 351 market at a national level. It provides the latest retail ... Read More
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