Global Motor Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Motor Vehicles market size was valued at US$ 2241650 million in 2023 and is forecast to a readjusted size of USD 2755690 million by 2030 with a CAGR of 3.0% during review period.
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.
This report is a detailed and comprehensive analysis for global Motor Vehicles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Motor Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Motor Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Motor Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Motor Vehicles market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Motor Vehicles
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Motor Vehicles market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota, Volkswagen Group, Daimler, Ford, General Motors, Honda, Fiat Chrysler Automobiles, BMW, Nissan, Hyundai, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Motor Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cars
Buses
Trucks
Motorcycles
Market segment by Application
Household
Commercial
Major players covered
Toyota
Volkswagen Group
Daimler
Ford
General Motors
Honda
Fiat Chrysler Automobiles
BMW
Nissan
Hyundai
PSA
Renault
Suzuki
Geely
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Motor Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Motor Vehicles, with price, sales quantity, revenue, and global market share of Motor Vehicles from 2019 to 2024.
Chapter 3, the Motor Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Motor Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Motor Vehicles market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Motor Vehicles.
Chapter 14 and 15, to describe Motor Vehicles sales channel, distributors, customers, research findings and conclusion.