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Global Car & Automobile Sales - Industry Market Research Report

Publisher IBISWorld
Published Sep 01, 2024
Length 72 Pages
SKU # IBSS19342812

Description

Global Car & Automobile Sales - Industry Market Research Report


Global Car & Automobile Sales

In recent years, a slowdown in established economies like the United States, Canada and Europe has hampered the Global Car and Automobile Sales industry. Housing two of the world's largest car dealers, these geographies grappled with diminishing car sales, overshadowing solid growth achieved in emerging economies. Supply chain disruptions following COVID-19 stalled new car production, driving up car prices in 2021 and 2022. Dealers benefited from a surge in used car demand as new vehicle prices became prohibitive for many consumers, supporting a global recovery in automobile sales. Over the past five years, revenue has dwindled at a CAGR of 0.6%, falling to an estimated $4.3 trillion in 2023. As inflationary pressures in developed economies subside, revenue will expand by an estimated 0.7% in 2023 alone.

The Global Car and Automobile Sales industry retails new and used motor vehicles mainly through dealerships, commission agents and car auctions. Products sold in this industry include passenger cars, SUVs, light trucks, heavy trucks, buses, recreational vehicles and specialty vehicles, such as ambulances and fire trucks. Retail sales of motorcycles, mopeds and bicycles are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

72 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON

Pricing

Currency Rates
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