Global Passenger Car Market: Short-Term Decline of -2.9% CAGR Expected due to COVID-19 - ResearchAndMarkets.com

The "Passenger Car Global Market Report 2020-2030: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider passenger car market, and compares it with other markets.

The global passenger car market is expected to decline from $1,454.6 billion in 2019 to $1,413.5 billion in 2020 at a compound annual growth rate (CAGR) of -2.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1722.6 billion in 2023.

Asia-Pacific was the largest region in the global passenger car market, accounting for 45% of the market in 2019. Western Europe was the second largest region accounting for 22% of the global passenger car market. Africa was the smallest region in the global passenger car market.

Additive manufacturing is continuously evolving and automobile manufacturers are now using 3D printing technology to reduce production time and costs. 3D printing creates a three-dimensional physical object using a digital design. It is being used to build prototypes of cars, concept models, design verification and functional parts used in test vehicles and engines.

Automobile manufacturers are also using 3D printing to build a variety of tools, jigs and fixtures used in assembly and manufacturing processes. 3D printing helps in rapid prototyping, increases assembly line efficiency, lowers turnaround time, improves flexibility in design and reduces wastage of materials.

Report Scope

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The passenger car market section of the report gives context. It compares the passenger car market with other segments of the motor vehicles market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, passenger car indicators comparison.

Key Topics Covered

1. Executive Summary

2. Report Structure

3. Passenger Car Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Passenger Car Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Passenger Car Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Passenger Car Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Passenger Car Market Trends And Strategies

8. Passenger Car Market Size And Growth

8.1. Market Size

8.2. Historic Market Growth, Value ($ Billion)

8.2.1. Drivers Of The Market

8.2.2. Restraints On The Market

8.3. Forecast Market Growth, Value ($ Billion)

8.3.1. Drivers Of The Market

8.3.2. Restraints On The Market

9. Passenger Car Market Regional Analysis

9.1. Global Passenger Car Market, 2019, By Region, Value ($ Billion)

9.2. Global Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

9.3. Global Passenger Car Market, Growth And Market Share Comparison, By Region

10. Passenger Car Market Segmentation

10.1. Global Passenger Car Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Hatchback
  • Sedan
  • Utility Vehicle

10.2. Global Passenger Car Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Gasoline
  • Diesel
  • Others

10.3. Global Passenger Car Market, Segmentation By Engine Capacity, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

< 1000 cc

< 1000-1500 cc

< 1500-2000 cc

>2000 cc

10.4. Global Passenger Car Market, Segmentation By Propulsion Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • IC Engine
  • Electric Vehicle

11. Passenger Car Market Metrics

11.1. Passenger Car Market Size, Percentage Of GDP, 2015-2023, Global

11.2. Per Capita Average Passenger Car Market Expenditure, 2015-2023, Global

12. Asia-Pacific Passenger Car Market

12.1. Asia-Pacific Passenger Car Market Overview

12.2. Asia-Pacific, Passenger Car Market, 2019, By Country, Value ($ Billion)

12.3. Asia-Pacific, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

12.4. Asia-Pacific, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

12.5. Asia-Pacific, Passenger Car Market Metrics

12.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, Asia-Pacific Countries

12.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, Asia-Pacific Countries

12.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, Asia-Pacific Countries

12.6. Asia-Pacific Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7. Asia-Pacific Passenger Car Market: Country Analysis

12.7.1. China Passenger Car Market

12.7.1.1. China Passenger Car Market Overview

12.7.1.2. China Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.1.3. China Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.2. Australia Passenger Car Market

12.7.2.1. Australia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.2.2. Australia Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.3. Hong Kong Passenger Car Market

12.7.3.1. Hong Kong Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.4. India Passenger Car Market

12.7.4.1. India Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.4.2. India Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.5. Indonesia Passenger Car Market

12.7.5.1. Indonesia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.5.2. Indonesia Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.6. Japan Passenger Car Market

12.7.6.1. Japan Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.6.2. Japan Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.7. Malaysia Passenger Car Market

12.7.7.1. Malaysia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.8. New Zealand Passenger Car Market

12.7.8.1. New Zealand Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.9. Philippines Passenger Car Market

12.7.9.1. Philippines Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.10. Singapore Passenger Car Market

12.7.10.1. Singapore Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.11. South Korea Passenger Car Market

12.7.11.1. South Korea Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.11.2. South Korea Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.12. Thailand Passenger Car Market

12.7.12.1. Thailand Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

12.7.13. Vietnam Passenger Car Market

12.7.13.1. Vietnam Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13. Western Europe Passenger Car Market

13.1. Western Europe Passenger Car Market Overview

13.2. Western Europe, Passenger Car Market, 2019, By Country, Value ($ Billion)

13.3. Western Europe, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

13.4. Western Europe, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

13.5. Western Europe, Passenger Car Market Metrics

13.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, Western Europe Countries

13.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, Western Europe Countries

13.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, Western Europe Countries

13.6. Western Europe Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7. Western Europe Passenger Car Market: Country Analysis

13.7.1. Austria Passenger Car Market

13.7.1.1. Austria Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.2. Belgium Passenger Car Market

13.7.2.1. Belgium Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.3. Denmark Passenger Car Market

13.7.3.1. Denmark Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.4. Finland Passenger Car Market

13.7.4.1. Finland Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.5. France Passenger Car Market

13.7.5.1. France Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.5.2. France Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.6. Germany Passenger Car Market

13.7.6.1. Germany Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.6.2. Germany Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.7. Ireland Passenger Car Market

13.7.7.1. Ireland Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.8. Italy Passenger Car Market

13.7.8.1. Italy Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.9. Netherlands Passenger Car Market

13.7.9.1. Netherlands Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.10. Norway Passenger Car Market

13.7.10.1. Norway Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.11. Portugal Passenger Car Market

13.7.11.1. Portugal Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.12. Spain Passenger Car Market

13.7.12.1. Spain Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.13. Sweden Passenger Car Market

13.7.13.1. Sweden Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.14. Switzerland Passenger Car Market

13.7.14.1. Switzerland Passenger Car Market2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.15. UK Passenger Car Market

13.7.15.1. UK Passenger Car Market2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

13.7.15.2. UK Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14. Eastern Europe Passenger Car Market

14.1. Eastern Europe Passenger Car Market Overview

14.2. Eastern Europe, Passenger Car Market, 2019, By Country, Value ($ Billion)

14.3. Eastern Europe, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

14.4. Eastern Europe, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

14.5. Eastern Europe, Passenger Car Market Metrics

14.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, Eastern Europe Countries

14.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, Eastern Europe Countries

14.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, Eastern Europe Countries

14.6. Eastern Europe Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14.7. Eastern Europe Passenger Car Market: Country Analysis

14.7.1. Czech Republic Passenger Car Market,

14.7.1.1. Czech Republic Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14.7.2. Poland Passenger Car Market

14.7.2.1. Poland Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14.7.3. Romania Passenger Car Market

14.7.3.1. Romania Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14.7.4. Russia Passenger Car Market

14.7.4.1. Russia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

14.7.4.2. Russia Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

15. North America Passenger Car Market

15.1. North America Passenger Car Market Overview

15.2. North America, Passenger Car Market, 2019, By Country, Value ($ Billion)

15.3. North America, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

15.4. North America, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

15.5. North America, Passenger Car Market Metrics

15.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, North America Countries

15.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, North America Countries

15.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, North America Countries

15.6. North America Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

15.7. North America Passenger Car Market: Country Analysis

15.7.1. Canada Passenger Car Market

15.7.1.1. Canada Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

15.7.2. Mexico Passenger Car Market

15.7.2.1. Mexico Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

15.7.3. USA Passenger Car Market

15.7.3.1. USA Passenger Car Market Overview

15.7.3.2. USA Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

15.7.3.3. USA Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16. South America Passenger Car Market

16.1. South America Passenger Car Market Overview

16.2. South America, Passenger Car Market, 2019, By Country, Value ($ Billion)

16.3. South America, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

16.4. South America, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

16.5. South America, Passenger Car Market Metrics

16.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, South America Countries

16.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, South America Countries

16.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, South America Countries

16.6. South America Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7. South America Passenger Car Market: Country Analysis

16.7.1. Argentina Passenger Car Market

16.7.1.1. Argentina Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.2. Brazil Passenger Car Market

16.7.1.1. Brazil Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.2.2. Brazil Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.3. Chile Passenger Car Market

16.7.3.1. Chile Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.4. Colombia Passenger Car Market

16.7.4.1. Colombia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.5. Peru Passenger Car Market

16.7.5.1. Peru Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

16.7.6. Venezuela Passenger Car Market

16.7.6.1. Venezuela Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

17. Middle East Passenger Car Market

17.1. Middle East Passenger Car Market Overview

17.2. Middle East, Passenger Car Market, 2019, By Country, Value ($ Billion)

17.3. Middle East, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

17.4. Middle East, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

17.5. Middle East, Passenger Car Market Metrics

17.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, Middle East Countries

17.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, Middle East Countries

17.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, Middle East Countries

17.6. Middle East Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

17.7. Middle East Passenger Car Market: Country Analysis

17.7.1. Saudi Arabia Passenger Car Market

17.7.1.1. Saudi Arabia Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

17.7.2. Israel Passenger Car Market

17.7.2.1. Israel Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

17.7.3. Turkey Passenger Car Market

17.7.3.1. Turkey Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

17.7.4. UAE Passenger Car Market

17.7.4.1. UAE Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

18. Africa Passenger Car Market

18.1. Africa Passenger Car Market Overview

18.2. Africa, Passenger Car Market, 2019, By Country, Value ($ Billion)

18.3. Africa, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country

18.4. Africa, Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country

18.5. Africa, Passenger Car Market Metrics

18.5.1. Per Capita Average Passenger Car Expenditure, 2015-2023, Africa Countries

18.5.2. Number of Enterprises, Passenger Car Market, Passenger Car Market/Number of Enterprises, 2019, Africa Countries

18.5.3. Number of Employees, Passenger Car Market, Passenger Car Market/Number of Employees, 2019, Africa Countries

18.6. Africa Passenger Car Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

18.7. Africa Passenger Car Market: Country Analysis

18.7.1. Egypt Passenger Car Market

18.7.1.1. Egypt Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

18.7.2. Nigeria Passenger Car Market

18.7.2.1. Nigeria Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

18.7.3. South Africa Passenger Car Market

18.7.3.1. South Africa Passenger Car Market, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)

19. Passenger Car Market Competitive Landscape

19.1. Competitive Market Overview

19.2. Market Shares

19.3. Company Profiles

19.3.1. Volkswagen

19.3.1.1. Company Overview

19.3.1.2. Products And Services

19.3.1.3. Strategy

19.3.1.4. Financial Performance

19.3.2. Toyota

19.3.2.1. Company Overview

19.3.2.2. Products And Services

19.3.2.3. Strategy

19.3.2.4. Financial Performance

19.3.3. General Motors

19.3.3.1. Company Overview

19.3.3.2. Products And Services

19.3.3.3. Strategy

19.3.3.4. Financial Performance

19.3.4. Renault-Nissan

19.3.4.1. Company Overview

19.3.4.2. Products And Services

19.3.4.3. Strategy

19.3.4.4. Financial Performance

19.3.5. Hyundai-Kia

19.3.5.1. Company Overview

19.3.5.2. Products And Services

19.3.5.3. Strategy

19.3.5.4. Financial Performance

20. Key Mergers And Acquisitions In The Passenger Car Market

21. Market Background: Motor Vehicles Market

21.1. Motor Vehicles Market Characteristics

21.2. Motor Vehicles Market Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F Growth, By Segment, Value ($ Billion), Global

21.3. Global Motor Vehicles Market, 2019, By Region, Value ($ Billion)

21.4. Global Motor Vehicles Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

21.5. Global Motor Vehicles Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)

22. Recommendations

22.1. Global Passenger Car Market In 2023- Growth Countries

22.2. Global Passenger Car Market In 2023- Growth Segments

22.3. Global Passenger Car Market In 2023- Growth Strategies

23. Appendix

23.1. NAICS Definitions Of Industry Covered In This Report

23.2. Abbreviations

23.3. Currencies

23.4. Research Inquiries

23.5. About the Publisher

24. Copyright And Disclaimer

Companies Mentioned

  • Volkswagen
  • Toyota
  • General Motors
  • Renault-Nissan
  • Hyundai-Kia

     

     

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