Automotive Market Research Reports & Industry Analysis

The automotive industry is a growing market comprised of many subgroups which include: engineering, design, next generation manufacturing, distribution, and aftermarket. Automotive companies are focused on controlling cost, improving efficiency and utilization of alternative energy engines. Automobiles fall into several different categories based on the fuel consumed including gasoline, diesel, electric, and various hybrid or alternative fuel cars such as ethanol and combined electrical motor­heat engine drives.

Electric cars, also known as electric vehicles (EVs) are the most fuel efficient using conventional internal combustion engine (ICE) automobiles such as zero air pollution, reduced emissions, and significantly lower energy costs (on a fuel to electricity basis).

Electric cars are more expensive than traditional automotive vehicles; this primarily due to the added cost of a high­capacity battery. Hybrid electric vehicles (HEV) combine the traditional ICE with an electric propulsion system, and this electric powertrain gives HEVs improved fuel economy over conventional vehicles. Other green vehicles, using alternative fuels like ethanol (flex fuel cars) and compressed natural gas (CNG), have gained a broader appeal with commercial and consumer automotive markets.

In 2009, China became the largest national automotive manufacturer by production volume with the highest market as well surpassing the United States; Japan is recognized as the third­largest. The automotive industries include car or vehicle manufacturers, component and automotive part manufacturers, re­sellers, and after­market services and parts. The current global automotive markets and industries are characterized by slowly diversifying demand region, with growing demand from highly­populated developing countries.

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Automotive Industry Research & Market Reports

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