Automotive Manufacturing in North America
Summary
Automotive Manufacturing in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. Market value of the automotive manufacturing industry is calculated based on the manufacturer's selling price, excluding taxes and levies. Market volume represents the production of vehicles in a country in a specific year.
- The North American automotive manufacturing industry had total revenues of $936.7 billion in 2023, representing a compound annual growth rate (CAGR) of 3.3% between 2018 and 2023.
- Industry production volumes declined with a negative CAGR of 0.3% between 2018 and 2023, to reach a total of 28.9 thousand units in 2023.
- The US captured a share of 30.6% of the global automotive manufacturing industry in 2023. The country also dominated the North American automotive manufacturing industry, accounting for a share of 79.3%, making it one of the largest markets in the region.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in North America
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America automotive manufacturing market with five year forecasts by both value and volume
- What was the size of the North America automotive manufacturing market by value in 2023?
- What will be the size of the North America automotive manufacturing market in 2028?
- What factors are affecting the strength of competition in the North America automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's automotive manufacturing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. How is new technology shaping long-term strategies?
- 7.4. What is the rationale for the recent M&A activity?
- 8 Company Profiles
- 8.1. Mercedes-Benz Group AG.
- 8.2. AB Volvo
- 8.3. PACCAR Inc.
- 8.4. Honda Motor Co., Ltd.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America automotive manufacturing industry value: $ billion, 2018-23
- Table 2: North America automotive manufacturing industry volume: thousand units, 2018-23
- Table 3: North America automotive manufacturing industry category segmentation: % share, by value, 2018-2023
- Table 4: North America automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Table 5: North America automotive manufacturing industry geography segmentation: $ billion, 2023
- Table 6: North America automotive manufacturing industry value forecast: $ billion, 2023-28
- Table 7: North America automotive manufacturing industry volume forecast: thousand units, 2023-28
- Table 8: Mercedes-Benz Group AG.: key facts
- Table 9: Mercedes-Benz Group AG.: Annual Financial Ratios
- Table 10: Mercedes-Benz Group AG.: Key Employees
- Table 11: Mercedes-Benz Group AG.: Key Employees Continued
- Table 12: AB Volvo: key facts
- Table 13: AB Volvo: Annual Financial Ratios
- Table 14: AB Volvo: Key Employees
- Table 15: AB Volvo: Key Employees Continued
- Table 16: PACCAR Inc.: key facts
- Table 17: PACCAR Inc.: Annual Financial Ratios
- Table 18: PACCAR Inc.: Key Employees
- Table 19: PACCAR Inc.: Key Employees Continued
- Table 20: Honda Motor Co., Ltd.: key facts
- Table 21: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 22: Honda Motor Co., Ltd.: Key Employees
- Table 23: Honda Motor Co., Ltd.: Key Employees Continued
- Table 24: North America exchange rate, 2019-23
- List of Figures
- Figure 1: North America automotive manufacturing industry value: $ billion, 2018-23
- Figure 2: North America automotive manufacturing industry volume: thousand units, 2018-23
- Figure 3: North America automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Figure 4: North America automotive manufacturing industry geography segmentation: % share, by value, 2023
- Figure 5: North America automotive manufacturing industry value forecast: $ billion, 2023-28
- Figure 6: North America automotive manufacturing industry volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the automotive manufacturing industry in North America, 2023
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in North America, 2023
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in North America, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in North America, 2023
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in North America, 2023
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in North America, 2023
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