Automotive Manufacturing in the United States
Summary
Automotive Manufacturing in the United States 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 US automotive manufacturing industry had total revenues of $742.6 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- Industry production volumes declined with a negative CAGR of 0.3% between 2018 and 2023, to reach a total of 19.1 thousand units in 2023.
- Major automotive manufacturers are increasing the production of electric vehicles in response to rising consumer demand and regulatory pressure to cut emissions.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in the United States
- 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 United States automotive manufacturing market with five year forecasts by both value and volume
- What was the size of the United States automotive manufacturing market by value in 2023?
- What will be the size of the United States automotive manufacturing market in 2028?
- What factors are affecting the strength of competition in the United States automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States'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. What are the most notable recent developments in this industry?
- 8 Company Profiles
- 8.1. Mercedes-Benz Group AG.
- 8.2. AB Volvo
- 8.3. Toyota Motor Corporation
- 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: United States automotive manufacturing industry value: $ billion, 2018-23
- Table 2: United States automotive manufacturing industry volume: thousand units, 2018-23
- Table 3: United States automotive manufacturing industry category segmentation: % share, by value, 2018-2023
- Table 4: United States automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Table 5: United States automotive manufacturing industry geography segmentation: $ billion, 2023
- Table 6: United States automotive manufacturing industry value forecast: $ billion, 2023-28
- Table 7: United States 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: Toyota Motor Corporation: key facts
- Table 17: Toyota Motor Corporation: Annual Financial Ratios
- Table 18: Toyota Motor Corporation: Key Employees
- Table 19: Toyota Motor Corporation: 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: United States size of population (million), 2019-23
- Table 25: United States real gdp (constant 2010 prices, $ billion), 2019-23
- Table 26: United States gdp (current prices, $ billion), 2019-23
- Table 27: United States inflation, 2019-23
- Table 28: United States consumer price index (absolute), 2019-23
- Table 29: United States exchange rate, 2019-23
- List of Figures
- Figure 1: United States automotive manufacturing industry value: $ billion, 2018-23
- Figure 2: United States automotive manufacturing industry volume: thousand units, 2018-23
- Figure 3: United States automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Figure 4: United States automotive manufacturing industry geography segmentation: % share, by value, 2023
- Figure 5: United States automotive manufacturing industry value forecast: $ billion, 2023-28
- Figure 6: United States automotive manufacturing industry volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the automotive manufacturing industry in the United States, 2023
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in the United States, 2023
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in the United States, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in the United States, 2023
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in the United States, 2023
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in the United States, 2023
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