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Light Vehicle Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Light Vehicle Industry

Global Light Vehicle Trends in 2022

Light Vehicle is part of Motor Vehicle and includes a number of sub-sectors such as Luxury Automobile and Light Truck. You may also be interested in Electric Vehicle, Motorcycle and Commercial Vehicle.

Global Car Registration is set to reach 67,188,000 Units by 2026 from 64,216,000 Units in 2021, growing 0.5% year on year CAGR. Since 2010, Global demand decreased by 1.6% year on year.

Global Car Sales is set to reach $47,671,000,000 by 2026 from $48,036,000,000 in 2021, falling by 0.4% year on year CAGR. Since 2017, Global market fell by 2.4% year on year.

Global Car Production is set to reach 62,397,000 Units by 2026 from 57,358,000 Units in 2021, growing 0.3% year on year CAGR. Since 2002, Global supply fell by 4.6% year on year. In 2021, China ranked number 1 in Car Production at 20,400,000 Units. Japan, Germany and South Korea respectively ranked numbers 2, 3 and 4 in this ranking. Belarus increased 55.2% year on year, while Algeria was down by 34.7% year on year since 2002.

Top 10 countries

In 2022 major markets in the Light Vehicle Industry were:

Light Vehicle Market Data and Forecasts

How much the Light Vehicle industry is expected to grow to 2026?

Forecast: World Passenger Cars Registrations
Forecast: World Passenger Cars Production
Forecast: Passenger Cars Registrations in Martinique
Forecast: Passenger Cars Registrations in Switzerland
Forecast: Passenger Cars Registrations in Iceland
More in Light Vehicle Industry for 2026

Global Light Vehicle Statistics

Global Light Vehicle Industry Database

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