1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends
  4. > Light Vehicle

Passenger Car Market: Find Statistics and Industry Data

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
21 votes

Topics under Light Vehicle

Global Passenger Car Industry

The world car manufacturing industry, part of the automotive manufacturing sector, witnessed close to 5% expansion in 2011 to exceed $803 billion, reports MarketLine. The market is expected to reach almost $1 trillion in 2016, representing 37% expansion in five years. Volkswagen dominates the market, holding close to 13% of overall industry volume.

Volume-wise, the global passenger car industry is expected to reach almost 87 million units by 2017, according to research from Global Industry Analysts. The market is driven by GDP growth and rising levels of discretionary income in emerging economies leading to rising demand for luxury cars. Passenger car demand and consumer spending power are intricately linked, and government policy also plays a key role. Legislations that lead to rising fuel prices, restrict fuel usage and encourage anti-auto use to ease traffic congestion all have a direct bearing on trends in the passenger cars industry.

Regional Market Share

North America’s car manufacturing sector reached revenue of almost $102 billion in 2011, having recorded a -3.5% yearly change for the four preceding years, reports MarketLine. Industry production volumes fell at a yearly rate of -3.5% over the same four-year period, reaching close to 5.6 million cars in 2011. Market growth is expected to accelerate to a yearly rate of almost 6% for the five-year period ending 2016 to reach revenue in excess of $133 billion.

MarketLine estimates that the EU car manufacturing industry was worth almost $275 billion in 2011. The EU region witnessed close to 2% yearly growth between 2007 and 2011, while industry output volumes decreased to around -2%. European car manufacturers produced over 17 million cars in 2011. Industry performance is predicted to pick up over coming years to exceed 5% annual growth between 2011 and 2016, when this regional market should reach almost $351 billion.

The South American car manufacturing market grew at almost 4% a year for four years to reach close to $55 billion in 2011. According to research from MarketLine, industry production volume rose 3% a year over the same period, hitting 3.2 million cars in 2011. Over the four-year period ending 2016, growth in the South American car manufacturers market is predicted to accelerate to generate revenue of almost $83 billion in 2016.

The car manufacturing sector in Asia-Pacific was worth almost $368 billion in 2011, having recorded close to 1.5% yearly growth for four consecutive years. MarketLine estimates industry production volumes to have risen at a yearly rate of 8% between 2007 and 2011, breaking the 30 million car mark in 2011. Market expansion is forecast to reach 7.5% between 2011 and 2016, bringing the regional market to a worth of almost $525 billion.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+1 646 893 5945

87 Reports
Demand, Company Financials, Market Size
1300 Statistics
Market Size, Demand, Supply
190 Reports
Demand, Forecast, Demographic
1700 Statistics
Market Size, Demand, Market
50 Reports
Demand, Market Size, Supply
1000 Statistics
Market Size, Demand, Supply
93 Reports
Demand, Market Size, Company Financials
1200 Statistics
Market Size, Demand, Finance
9 Reports
Demand, Supply, Market Size
180 Statistics
Market Size, Demand, Supply
62 Reports
Demand, Market Size, Supply
1100 Statistics
Market Size, Demand, Finance
18 Reports
Demand, Market Size, Supply
350 Statistics
Market Size, Demand, Supply
7 Reports
Demand, Demographic, Trade
230 Statistics
Market Size, Demand, Finance
8 Reports
Demand, Supply, Market Size
380 Statistics
Market Size, Demand, Supply
4 Reports
Demand, Market Shares, Trade
59 Statistics
Market Size, Demand, Trade
Search in Light Vehicle Industry (About 800 reports)
Parent industry: Motor Vehicle
Related industries: Motorcycle, Electric Vehicle, Commercial Vehicle

About 700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 199 - $ 6215)

Torque Converter Market by Transmission Type, Component, Vehicle, Hybrid Vehicle, Aftermarket And Region - Global Forecast to 2025

Torque Converter Market: Global Forecast until 2025

  • $ 5650
  • Industry report
  • November 2017
  • by MarketsandMarkets

“Increased demand for automatics to drive the torque converter industry”The torque converter market, by value, is projected to grow at a CAGR of 5.78% from 2017 to 2025, to reach USD 9.88 billion by ...

Automotive Solenoid Market: Global Forecast until 2022 $ 5650 June 2017

Car Door Latch Market: Global Forecast until 2021 $ 5650 March 2017

Electric Vehicle Market: Global Forecast until 2025 $ 5649 June 2018

Automotive Thermostat Sector: Worldwide Forecast until ... $ 2500 July 2017

Automotive Seats Sector: Worldwide Forecast until 2021 $ 2500 May 2017

Transfer Case Market: Global Forecast until 2025 $ 5650 December 2017

Automotive Secondary Wiring Harness Market: Global Fore ... $ 5650 September 2017

LiDAR for Automotive Market: Global Forecast until 2030 $ 5650 June 2017

Automotive HMI Market: Global Forecast until 2021 $ 5650 March 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on