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?
More in Light Vehicle Industry for 2026Global Light Vehicle Statistics
- Car Registration 175 countries (Europe, Northern Europe, Western Europe...)
- Car In Use 172 countries (Europe, Southern Europe, Northern Europe...)
- Car Sales 65 countries (Europe, Northern Europe, Australasia...)
- Road Casualties 220 countries (Europe, Northern Europe, Western Europe...)
- Number Of Enterprises 67 countries (Europe, Northern Europe, Southern Europe...)
- Electric Vehicle Fleet 49 countries (Europe, Northern Europe, Western Europe...)
- Car Production 90 countries (Europe, Asia, East Asia...)
- Car Ownership 73 countries (Europe, Southern Europe, Northern Europe...)
- Road Freight Volume 69 countries (Europe, Northern Europe, Eastern Europe...)
- Number Of High Growth Enterprises 49 countries (Europe, Eastern Europe, Northern Europe...)
