The United States Light Vehicle Industry Outlook 2022 - 2026

Key Market Indicators

American car registrations are expected to drop by 7.6% each year, on average, over the next five years. In 2021, 2.3 million cars will be registered, compared to the 3.3 million registered in 2021. Since 2010, demand for cars has declined by 13.5% annually. Production of cars in the US is predicted to decrease by 8.6% each year, on average, from 2021 to 2026. This year, 1.8 million cars will be produced, while in 2026, 1.2 million cars are expected to be made. Since 2002, the supply of cars has dropped 14.2% each year.

The United States Light Vehicle Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Light Vehicle OE: Unraveling Comprehensive Forecasts Across Diverse Components

  The light vehicle original equipment (OE) market is going through substantial changes. Key drivers include technological advancements, government regulations, and consumer preferences. Increasing focus on fuel efficiency and minimization of carbon dioxide emissions are pushing automakers to invest in developing advanced engines and hybrid systems. Technology innovations such as electric...

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• Automobile and Light Truck Segment: Sweeping Insights Across Manufacturing, Leasing, and Parts Industries

  The landscape of manufacturing in the automotive sector continues to transform in response to shifting consumer preferences and evolving technology. This change is particularly notable in the production of cars and light trucks. High demand for more fuel-efficient and environmentally-friendly models has led to significant advancements in technologies such as...

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• Construction Machinery: Revealing the Compact Loaders Market's Impact, Trends and Opportunities

  Initially a niche segment, the compact loaders market has undergone significant transformation in recent years. Acknowledging the profound impact of urbanisation and infrastructure development, original equipment manufacturers (OEMs) are increasingly considering compact loaders as essential machinery rather than as optional additional equipment. Increased building activities in confined spaces, coupled with...

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• Automotive Security Evolution: Probing Light Vehicle Access Innovations

  The past decade has witnessed extraordinary advances in the realm of light vehicle safety and access. Systematic innovation, primarily driven by technological enhancement, is shifting the paradigm from conventional key-based methods to sophisticated digital solutions, accentuated by the burgeoning inclination towards connected vehicles. Biometric recognition, smartphone-enabled access, and keyless entry...

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• Automobile Industry Insights: Emerging Dynamics, Trends and Growth Opportunities Unveiled

  Income growth coupled with rapid urbanization are primary forces driving the Ivory Coast automobile market, promoting the population's buying potential. Engagement with international makers hint at a substantial automobile inflow, stimulating new and used car markets equally. However, the tightening of import regulations acts as a restricting factor, aiming at...

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