Global Multi-Purpose Vehicle (MPV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Multi-Purpose Vehicle (MPV) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Multi-Purpose Vehicle (MPV) market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Multi-purpose vehicles (MPVs), more commonly known as ‘people carriers’, are a type of car favoured for their versatility and dependability. Used for both personal and commercial services, these vehicles are ideal for transporting passenger groups of over five people and for moving larger loads of cargo than can generally fit in the boot of a standard saloon.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

The Global Info Research report includes an overview of the development of the Multi-Purpose Vehicle (MPV) industry chain, the market status of Commercial Use (Compact MPV (6~7), Middle MPV (5~6)), Personal Use (Compact MPV (6~7), Middle MPV (5~6)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Multi-Purpose Vehicle (MPV).

Regionally, the report analyzes the Multi-Purpose Vehicle (MPV) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Multi-Purpose Vehicle (MPV) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Multi-Purpose Vehicle (MPV) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Multi-Purpose Vehicle (MPV) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Compact MPV (6~7), Middle MPV (5~6)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Multi-Purpose Vehicle (MPV) market.

Regional Analysis: The report involves examining the Multi-Purpose Vehicle (MPV) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Multi-Purpose Vehicle (MPV) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Multi-Purpose Vehicle (MPV):

Company Analysis: Report covers individual Multi-Purpose Vehicle (MPV) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Multi-Purpose Vehicle (MPV) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Use, Personal Use).

Technology Analysis: Report covers specific technologies relevant to Multi-Purpose Vehicle (MPV). It assesses the current state, advancements, and potential future developments in Multi-Purpose Vehicle (MPV) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Multi-Purpose Vehicle (MPV) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Multi-Purpose Vehicle (MPV) 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.

Market segment by Type
Compact MPV (6~7)
Middle MPV (5~6)
Mini MPV (Above 5)
Others

Market segment by Application
Commercial Use
Personal Use

Major players covered
Nissan
Volkswagen
Fiat
BMW
FORD
GM
Toyota
Mercedes-Benz
Chang'an
DongFeng
SAIC
PSA Peugeot Citroen

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 Multi-Purpose Vehicle (MPV) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Multi-Purpose Vehicle (MPV), with price, sales, revenue and global market share of Multi-Purpose Vehicle (MPV) from 2019 to 2024.

Chapter 3, the Multi-Purpose Vehicle (MPV) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Multi-Purpose Vehicle (MPV) 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Multi-Purpose Vehicle (MPV) market forecast, by regions, type and 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 Multi-Purpose Vehicle (MPV).

Chapter 14 and 15, to describe Multi-Purpose Vehicle (MPV) sales channel, distributors, customers, research findings and conclusion.