Market Research Logo

Global Passenger Vehicle Market 2018-2022

Global Passenger Vehicle Market 2018-2022

About Passenger Vehicle

Passenger vehicles are motor vehicles with at least four wheels, used to transport passengers and their luggage. They serve many benefits including mobility, safety over two-wheelers, convenience, and independence from sharing or public transport. These vehicles can be for personal or commercial use, such as ridesharing, fleet management, and others.Technavio’s analysts forecast the global passenger vehicle market to grow at a CAGR of 2.68% during the period 2018-2022.Covered in this report The report covers the present scenario and the growth prospects of the global passenger vehicle market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Passenger Vehicle Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ford Motor Company
  • General Motors
  • Honda Motor
  • Hyundai Motor
  • Toyota Motor
  • Volkswagen
Market driver
  • Emerging crossover segment
  • For a full, detailed list, view our report
Market challenge
  • Increasing cost pressure on OEMs
  • For a full, detailed list, view our report
Market trend
  • Development of autonomous vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Passenger Vehicle Market 2018-2022

Technavio recognizes the following companies as the key players in the global passenger vehicle market: Ford Motor Company, General Motors, Honda Motor, Hyundai Motor, Toyota Motor, and Volkswagen.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of autonomous vehicles. With all vendors focusing on improving their market revenue, the market’s competitive environment is quite intense. By providing an in-depth analysis of the market’s competitive landscape and information on the products offered by companies, this passenger car industry analysis will help clients design effective growth strategies.”

According to the report, one driver in the market is emerging crossover segment. The global passenger vehicle market is witnessing tremendous growth in the crossover segment as they offer better money value compared to sedans and SUVs. Crossovers offer the driving pleasure, safety, reliability, and comfort of an SUV, and owing to their unibody design, they are lightweight and hence offer better fuel efficiency than sedans.

Further, the report states that one challenge in the market is increasing cost pressure on OEMs. In the automotive industry, OEMs absorb most of the warranty costs and price pressure from the demand side. With increasing adoption of advanced technologies, the bargaining power of OEMs has reduced for certain equipment and technologies.

Companies Mentioned

Ford Motor Company

General Motors

Honda Motor

Hyundai Motor

Toyota Motor

Volkswagen

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global automotive market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global passenger vehicle - Market size and forecast 2017-2022 (mn units)
      • Table Global passenger vehicle - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by vehicle type
    • Segmentation by vehicle type
      • Table Vehicle type - Market share 2017-2022 (%)
    • Comparison by vehicle type
      • Table Comparison by vehicle type
    • Sedans and hatchbacks - Market size and forecast 2017-2022
      • Table Sedans and hatchbacks - Market size and forecast 2017-2022 (mn units)
      • Table Sedans and hatchbacks - Year-over-year growth 2018-2022 (%)
    • SUVs and crossovers - Market size and forecast 2017-2022
      • Table SUVs and crossovers - Market size and forecast 2017-2022 (mn units)
      • Table SUVs and crossovers - Year-over-year growth 2018-2022 (%)
    • MPVs and vans - Market size and forecast 2017- 2022
      • Table MPVs and vans - Market size and forecast 2017-2022 (mn units)
      • Table MPVs and vans - Year-over-year growth 2018-2022 (%)
    • Market opportunity by vehicle type
      • Table Market opportunity by vehicle type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by region 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (mn units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global crude oil price 2007-2016 ($/bbl)
    • Market challenges
  • Market trends
    • Development of autonomous vehicles
    • Push for embedded telematics systems in passenger vehicles
    • Integration of advanced safety technologies to gain higher safety ratings
    • Growing integration of smartphones and tablets in automobiles
    • Automakers investing in adding new assemblies and manufacturing lines for passenger vehicle production
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ford Motor Company
      • Table Vendor overview
      • Table Ford Motor Company - Business segments
      • Table Ford Motor Company - Organizational developments
      • Table Ford Motor Company - Geographic focus
      • Table Ford Motor Company - Segment focus
      • Table Ford Motor Company - Key offerings
    • General Motors
      • Table Vendor overview
      • Table General Motors - Business segments
      • Table General Motors - Organizational developments
      • Table General Motors - Geographic focus
      • Table General Motors - Segment focus
      • Table General Motors - Key offerings
    • Honda Motor
      • Table Vendor overview
      • Table Honda Motor - Business segments
      • Table Honda Motor - Organizational developments
      • Table Honda Motor - Geographic focus
      • Table Honda Motor - Segment focus
      • Table Honda Motor - Key offerings
    • Hyundai Motor
      • Table Vendor overview
      • Table Hyundai Motor - Business segments
      • Table Hyundai Motor - Organizational developments
      • Table Hyundai Motor - Geographic focus
      • Table Hyundai Motor - Segment focus
      • Table Hyundai Motor - Key offerings
    • Toyota Motor
      • Table Vendor overview
      • Table Toyota Motor - Business segments
      • Table Toyota Motor - Organizational developments
      • Table Toyota Motor - Geographic focus
      • Table Toyota Motor - Segment focus
      • Table Toyota Motor - Key offerings
    • Volkswagen
      • Table Vendor overview
      • Table Volkswagen - Business segments
      • Table Volkswagen - Organizational developments
      • Table Volkswagen - Geographic focus
      • Table Volkswagen - Segment focus
      • Table Volkswagen - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report