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Automotive Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Automotive Industry

Global Automotive Trends in 2022

Automotive is part of Heavy Industry and includes a number of sub-sectors such as Auto Insurance and Motor Vehicle. You may also be interested in Manufacturing, Electronics and Chemical.

Global vehicle registrations are expected to reach nearly 96 million in 2026, from nearly 91 million in 2021, growing at an average annual rate of 0.7%. Since 2010, the global market has decreased by 0.7% each year. Global vehicle production is projected to reach over 104 million units in 2026, compared with 96 million in 2021, at a compound annual growth rate of 1.1%. Since 2003, global production has increased by 0.4% each year. China is the world leader in vehicle production, with 30 million units in 2021. The United States, Japan, and India are the next three biggest producers. Finland saw a 20.9% increase in production year-on-year, while Ukraine's production decreased by 33.4% since 2003.

Top 10 countries

In 2022 major markets in the Automotive Industry were:

Automotive Market Data and Forecasts

How much the Automotive industry is expected to grow to 2026?

Forecast: World New Vehicles Registrations
Forecast: World Vehicles Production
Forecast: Global Number of Road Casualties
Forecast: New Vehicles Registrations in Slovenia
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