PUBLISHER: Freedonia Group | PRODUCT CODE: 1354697
PUBLISHER: Freedonia Group | PRODUCT CODE: 1354697
Global Motor Vehicle Outlook 2023
Global retail sales of new motor vehicles is projected to increase 4.7% per year to 106 million units in 2027, with motor vehicle production advancing 4.5% to 106.7 million units in that same year. Growth will be driven by rising income levels, which will increase the number of first-time vehicle buyers in developing countries, and the resolution of many pandemic-related supply chain issues, especially the semiconductor shortage. The motor vehicle parc is projected to increase 2.5% per year to 1.9 billion in 2027.
Study Description
This Freedonia industry study analyzes the 84 million unit global motor vehicle industry. It presents historical demand data (2012, 2017, and 2022) and forecasts (2027 and 2032) by region (North America, Central and South America, Western Europe, Eastern Europe, Asia/Pacific, and Africa/Mideast) for retail sales, production, and the vehicle parc. Annual data and forecasts from 2019 to 2026 are also included. Data are also presented for light vehicles, and for medium and heavy vehicles.
Table of Contents
1. Executive Summary
2. Short-Term Analysis
Economic Forecast
Short-Term Motor Vehicle Industry Trends
3. Overview
Study Scope
New Motor Vehicle Retail Sales
Historical Trends
New Vehicle Sales by Type
New Vehicle Sales by Region
Motor Vehicle Production
Historical Trends
Production by Type
Production by Region
Motor Vehicle Parc (Registered Vehicles)
Historical Trends
Parc by Vehicle Type
Parc by Region
4. Light Vehicles (Cars, Trucks, Vans, & SUVs)
Scope & Product Description
Regional New Vehicle Sales Trends
New Vehicle Sales by Region
Largest Country Markets
Fastest Growing Country Markets
Regional Production Trends
Production by Region
Largest Producing Countries
Fastest Growing Producing Countries
Light Vehicle Parc
5. Medium- & Heavy-Duty Trucks & Buses
Scope & Product Description
Regional New Vehicle Sales Trends
New Vehicle Sales by Region
Largest Country Markets
Fastest Growing Country Markets
Regional Production Trends
Production by Region
Largest Producing Countries
Fastest Growing Producing Countries
Medium- & Heavy-Duty Vehicle Parc
6. Trend Spotlights
Electric Vehicles (Electrification)
Overview
New Vehicle Sales by Region
Battery Technology & Product Development
Motorcycles
Overview
Sales by Region
Electric Motorcycles & E-Bikes
Autonomous Vehicles
Supply Chain Issues' Impact on Production
7. Country Spotlights
United States
China
Spain
Vietnam
8. North America
North America: Motor Vehicle Data Summary
North America: New Motor Vehicle Retail Sales
North America: Production by Vehicle Type
North America: Vehicle Parc
United States
Canada
Mexico
9. Central & South America
Central & South America: Motor Vehicle Data Summary
Central & South America: New Motor Vehicle Retail Sales
Central & South America: Production by Vehicle Type
Central & South America: Vehicle Parc
Brazil
Chile
Argentina
Colombia
Peru
Venezuela
Other Central & South America
10. Western Europe
Western Europe: Motor Vehicle Data Summary
Western Europe: New Motor Vehicle Retail Sales
Western Europe: Production by Vehicle Type
Western Europe: Vehicle Parc
Germany
France
United Kingdom
Italy
Spain
Belgium
Netherlands
Sweden
Austria
Switzerland
Denmark
Norway
Portugal
Ireland
Finland
Greece
Other Western Europe
11. Eastern Europe
Eastern Europe: Motor Vehicle Data Summary
Eastern Europe: New Motor Vehicle Retail Sales
Eastern Europe: Production by Vehicle Type
Eastern Europe: Vehicle Parc
Russia
Poland
Czech Republic
Hungary
Romania
Ukraine
Slovakia
Slovenia
Bulgaria
Other Eastern Europe
12. Asia/Pacific
Asia/Pacific: Motor Vehicle Data Summary
Asia/Pacific: New Motor Vehicle Retail Sales
Asia/Pacific: Production by Vehicle Type
Asia/Pacific: Vehicle Parc
China
Japan
India
South Korea
Australia
Indonesia
Thailand
Malaysia
Taiwan
Philippines
Vietnam
Pakistan
New Zealand
Singapore
Hong Kong
Other Asia/Pacific
13. Africa/Mideast
Africa/Mideast: Motor Vehicle Data Summary
Africa/Mideast: New Motor Vehicle Retail Sales
Africa/Mideast: Production by Vehicle Type
Africa/Mideast: Vehicle Parc
Iran
Turkey
Saudi Arabia
South Africa
Israel
Egypt
United Arab Emirates
Iraq
Nigeria
Other Africa/Mideast
14. Appendix
Report Details
Definitions
Abbreviations
Freedonia Methodology
Study-Specific Methodology
Sources
Associations & Agencies
Related Studies & Reports
Country Lists by Region
Macroeconomic Assumptions
Economic Environment
Demographic Trends
