
Global Light Vehicle Market with Focus on Premium Segment (by Vehicle Type, Fuel Type, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)
Description
Global Light Vehicle Market with Focus on Premium Segment (by Vehicle Type, Fuel Type, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)
Market Insight:
According to the International Organization of Motor Vehicle Manufacturers, light vehicles include passenger automobiles and light commercial vehicles. Due to the growing acceptance of electric vehicles and advancements in modern metal alloys, there has been an increase in demand for light vehicle production in recent years resulting from the automotive industry's constant search for cutting-edge materials to help reduce vehicle weight and achieve fuel efficiency and carbon emission targets.
A premium car is one that offers more comfort, equipment, amenities, quality, performance, and prestige for a greater price than a standard car. The global market for premium vehicles has grown dramatically in recent years, owing to a shift in customer tastes from sedans to SUVs and rising consumer disposable incomes. The global light vehicle market production is likely to reach 91.76 million units in 2023, progressing at a CAGR of 10.20%, during the forecasted period. In addition, the global premium vehicle production is forecasted to reach 11.31 million units in 2023, witnessing growth at a CAGR of 8.28%, during the projected period.
Segment Covered:
- By Vehicle Type: On the basis of type, the report provides the bifurcation of global light vehicle market by production into two segments: passenger cars, and light commercial vehicle. The passenger cars segment is the fastest growing segment with a significant CAGR during forecast period, due to attributes like their small size, stylish design, and affordable prices.
- By Segment: In terms of segment, the report identifies two segments of the global light vehicle market production: Mass and Premium segments. The dominant share of global light vehicle market production was being held by mass, followed by premium, owing to its popularity among the middle-class population due to its affordable prices. Further, the premium vehicle market production can be segmented on the basis of vehicle type (SUV, Sedan, and Hatchback), and fuel type (Gasoline, Diesel, and Electric segments). The SUV segment held almost half of the share of the global premium light vehicle market production.
According to this report, the global market production can be divided into four major regions: Asia Pacific, Europe, North America, and Rest of the World. The countries covered in North America region are the US, Mexico, and Canada, while Europe includes Germany, Spain, France, UK, and rest of Europe. Moreover, China, Japan, India, and Rest of Asia Pacific are included in the Asia Pacific region.
Asia Pacific accounted for the largest share in the global light vehicle market production. The production for light vehicles in Asia Pacific has recently been predominantly driven by higher labor productivity and the supply and low cost of skilled labor. Moreover, the increased development, commercial and government investments, as well as FDI involvement, would help the region to boom even further. While, for the global premium light vehicle market, Europe accounted for the maximum share, owing to Europe's larger base of luxury brands such as BMW, Audi, Porsche and Mercedes-Benz, and the growth of safety technology, which are making luxury vehicles safer and more dependable on the road.
Top Impacting Factors:
Growth Drivers
- Rising Number of High Net Worth Individuals (HNWIs)
- Shift in Technological Advancements
- Increasing Use of Solar Automobiles
- Rising Demand for SUVs
- Increase in Prices of Materials
- Difficulty in Maintenance of Light Weight Materials
- Involvement of Artificial Intelligence
- Upsurge in Use of Electric Vehicles
- Increase in Use of Light Weight Material
- Integration Of Big Data And Business Analytics with Automobile Industry
- Driver: Rising Number of High Net Worth Individuals (HNWIs)
- Challenge: Increase in Prices of Materials
- Trend: Upsurge in Use of Electric Vehicles
The COVID-19 Analysis:
The COVID-19 pandemic has had a negative influence on the light vehicle industry, attributed to reduced showroom traffic, supply chain affected by the worldwide lockdown, etc. However, the premium car class may fare better than the mass-market passenger vehicle segment. As purchase decisions for premium vehicles by high-net-worth individuals may have been postponed rather than cancelled.
Competitive Landscape:
The market for light vehicles is largely dominated by automobile manufacturers. They also have an established working relationship with significant composite manufacturing firms. Many OEMs are adding electric vehicles to their model lineups in response to the demand for sustainability and fewer emissions to protect the environment. The industry wants to invest in and create electric vehicles that have the best balance of power and distance between fill-ups. Further, key players of the light vehicle market with focus on premium segment are:
- Tesla, Inc.,
- Mercedes-Benz Group AG,
- Volkswagen Group,
- Bayerische Motoren Werke AG,
- General Motors Co.,
- Toyota Motor Corporation,
- Ford Motor Company,
- Aston Martin Lagonda Global Holdings PLC,
- Exor N.V. (Ferrari N.V.),
- McLaren Group
- Stellantis N.V.,
- Zhejiang Geely Holding Group Co., Ltd.
Table of Contents
168 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 Light Vehicle: An Overview
- 2.1.1 Definition of Light Vehicle
- 2.1.2 Light Weight Materials in Light Weight Vehicles
- Table 1: Light Weight Materials in Light Weight Vehicles
- 2.2 Premium Car: An Overview
- 2.2.1 Definition of Premium Car
- 2.3 Light Vehicle Segmentation: An Overview
- 2.3.1 Light Vehicle Segmentation
- Table 2: Light Vehicle Segmentation
- 3. Global Market Analysis
- 3.1 Global Light Vehicle Market: An Analysis
- 3.1.1 Global Light Vehicle Market by Production: An Overview
- 3.1.2 Global Light Vehicle Market by Production
- Table 3: Global Light Vehicle Market by Production; 2017-2021 (Million Units)
- Table 4: Global Light Vehicle Market by Production; 2022-2027 (Million Units)
- 3.1.3 Global Light Vehicle Market Production by Vehicle Type (Passenger Cars, And Light Commercial Vehicle)
- Table 5: Global Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 3.1.4 Global Light Vehicle Market Production by Segment (Mass and Premium segments)
- Table 6: Global Light Vehicle Market Production by Segment; 2021 (Percentage, %)
- 3.1.5 Global Light Vehicle Market Production by Region (Asia Pacific, Europe, North America, and Rest of the World)
- Table 7: Global Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 3.2 Global Light Vehicle Market: Vehicle Type Analysis
- 3.2.1 Global Light Vehicle Market Production by Vehicle Type: An Overview
- 3.2.2 Global Passenger Light Vehicle Car Market by Production
- Table 8: Global Passenger Light Vehicle Car Market by Production, 2017-2021 (Million Units)
- Table 9: Global Passenger Light Vehicle Car Market by Production, 2022-2027 (Million Units)
- 3.2.3 Global Light Commercial Vehicle Market by Production
- Table 10: Global Light Commercial Vehicle Market by Production, 2017-2021 (Million Units)
- Table 11: Global Light Commercial Vehicle Market by Production, 2022-2027 (Million Units)
- 3.3 Global Light Vehicle Market: Segment Analysis
- 3.3.1 Global Light Vehicle Market Production by Segment: An Overview
- 3.3.2 Global Mass Light Vehicle Market by Production
- Table 12: Global Mass Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 13: Global Mass Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.3.3 Global Premium Light Vehicle Market by Production
- Table 14: Global Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 15: Global Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.3.4 Global Premium Light Vehicle Market Production by Vehicle Type (SUV, Sedan, and Hatchback)
- Table 16: Global Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 3.3.5 Global Premium Light Vehicle Market Production by Fuel Type (Gasoline, Diesel, and Electric segments)
- Table 17: Global Premium Light Vehicle Market Production by Fuel Type; 2021 (Percentage, %)
- 3.3.6 Global Premium Light Vehicle Market Production by Region (Europe, Asia Pacific, North America, and Rest of the World)
- Table 18: Global Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 3.4 Global Premium Light Vehicle Market: Vehicle Type Analysis
- 3.4.1 Global Premium Light Vehicle Market by Vehicle Type: An Overview
- 3.4.2 Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
- Table 19: Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 20: Global Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.4.3 Global Sedan Premium Light Vehicle Market by Production
- Table 21: Global Sedan Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 22: Global Sedan Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.4.4 Global Hatchback Premium Light Vehicle Market by Production
- Table 23: Global Hatchback Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 24: Global Hatchback Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.5 Global Premium Light Vehicle Market: Fuel Type Analysis
- 3.5.1 Global Premium Light Vehicle Market Production by Fuel Type: An Overview
- 3.5.2 Global Gasoline Premium Light Vehicle Market by Production
- Table 25: Global Gasoline Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 26: Global Gasoline Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.5.3 Global Diesel Premium Light Vehicle Market by Production
- Table 27: Global Diesel Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 28: Global Diesel Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 3.5.4 Global Electric Premium Light Vehicle Market by Production
- Table 29: Global Electric Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 30: Global Electric Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4. Regional Market Analysis
- 4.1 Asia Pacific Light Vehicle Market: An Analysis
- 4.1.1 Asia Pacific Light Vehicle Market by Production: An Overview
- 4.1.2 Asia Pacific Light Vehicle Market by Production
- Table 31: Asia Pacific Light Vehicle Market by Production; 2017-2021 (Million Units)
- Table 32: Asia Pacific Light Vehicle Market by Production; 2022-2027 (Million Units)
- 4.1.3 Asia Pacific Light Vehicle Market Production by Vehicle Type (passenger cars, and light commercial vehicle)
- Table 33: Asia Pacific Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 4.1.4 Asia Pacific Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
- Table 34: Asia Pacific Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.1.5 China Light Vehicle Market by Production
- Table 35: China Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 36: China Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.1.6 Japan Light Vehicle Market by Production
- Table 37: Japan Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 38: Japan Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.1.7 India Light Vehicle Market by Production
- Table 39: India Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 40: India Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.1.8 Rest of Asia Pacific Light Vehicle Market by Production
- Table 41: Rest of Asia Pacific Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 42: Rest of Asia Pacific Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.2 Asia Pacific Premium Light Vehicle Market: An Analysis
- 4.2.1 Asia Pacific Premium Light Vehicle Market by Production: An Overview
- 4.2.2 Asia Pacific Premium Light Vehicle Market by Production
- Table 43: Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 44: Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.2.3 Asia Pacific Premium Light Vehicle Market Production by Region (China, Japan, India, and Rest of Asia Pacific)
- Table 45: Asia Pacific Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.2.4 China Premium Light Vehicle Market by Production
- Table 46: China Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 47: China Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.2.5 Japan Premium Light Vehicle Market by Production
- Table 48: Japan Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 49: Japan Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.2.6 India Premium Light Vehicle Market by Production
- Table 50: India Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 51: India Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.2.7 Rest of Asia Pacific Premium Light Vehicle Market by Production
- Table 52: Rest of Asia Pacific Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 53: Rest of Asia Pacific Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.3 Europe Light Vehicle Market: An Analysis
- 4.3.1 Europe Light Vehicle Market by Production: An Overview
- 4.3.2 Europe Light Vehicle Market by Production
- Table 54: Europe Light Vehicle Market by Production; 2017-2021 (Million Units)
- Table 55: Europe Light Vehicle Market by Production; 2022-2027 (Million Units)
- 4.3.3 Europe Light Vehicle Market Production by Vehicle Type (passenger cars, and light commercial vehicle)
- Table 56: Europe Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 4.3.4 Europe Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
- Table 57: Europe Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.3.5 Germany Light Vehicle Market by Production
- Table 58: Germany Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 59: Germany Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.3.6 Spain Light Vehicle Market by Production
- Table 60: Spain Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 61: Spain Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.3.7 France Light Vehicle Market by Production
- Table 62: France Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 63: France Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.3.8 UK Light Vehicle Market by Production
- Table 64: UK Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 65: UK Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.3.9 Rest of Europe Light Vehicle Market by Production
- Table 66: Rest of Europe Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 67: Rest of Europe Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.4 Europe Premium Light Vehicle Market: An Analysis
- 4.4.1 Europe Premium Light Vehicle Market by Production: An Overview
- 4.4.2 Europe Premium Light Vehicle Market by Production
- Table 68: Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 69: Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.4.3 Europe Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
- Table 70: Europe Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 4.4.4 Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
- Table 71: Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 72: Europe Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.4.5 Europe Other Premium Light Vehicle Market by Production
- Table 73: Europe Other Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 74: Europe Other Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.4.6 Europe Premium Light Vehicle Market Production by Region (Germany, Spain, France, UK, and rest of Europe)
- Table 75: Europe Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.4.7 Germany Premium Light Vehicle Market by Production
- Table 76: Germany Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 77: Germany Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.4.8 Spain Premium Light Vehicle Market by Production
- Table 78: Spain Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 79: Spain Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.4.9 France Premium Light Vehicle Market by Production
- Table 80: France Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 81: France Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.4.10 UK Premium Light Vehicle Market by Production
- Table 82: UK Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 83: UK Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.4.11 Rest of Europe Premium Light Vehicle Market by Production
- Table 84: Rest of Europe Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 85: Rest of Europe Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.5 North America Light Vehicle Market: An Analysis
- 4.5.1 North America Light Vehicle Market by Production: An Overview
- 4.5.2 North America Light Vehicle Market by Production
- Table 86: North America Light Vehicle Market by Production; 2017-2021 (Million Units)
- Table 87: North America Light Vehicle Market by Production; 2022-2027 (Million Units)
- 4.5.3 North America Light Vehicle Market Production by Vehicle Type (Light Commercial Vehicle, And Passenger Cars)
- Table 88: North America Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 4.5.4 North America Light Vehicle Market Production by Region (the US, Mexico, and Canada)
- Table 89: North America Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.5.5 The US Light Vehicle Market by Production
- Table 90: The US Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 91: The US Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.5.6 Mexico Light Vehicle Market by Production
- Table 92: Mexico Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 93: Mexico Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.5.7 Canada Light Vehicle Market by Production
- Table 94: Canada Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 95: Canada Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.6 North America Premium Light Vehicle Market: An Analysis
- 4.6.1 North America Premium Light Vehicle Market by Production: An Overview
- 4.6.2 North America Premium Light Vehicle Market by Production
- Table 96: North America Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 97: North America Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.6.3 North America Premium Light Vehicle Market Production by Vehicle Type (SUV, and Others)
- Table 98: North America Premium Light Vehicle Market Production by Vehicle Type; 2021 (Percentage, %)
- 4.6.4 North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production
- Table 99: North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 100: North America Sports Utility Vehicle (SUV) Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.6.5 North America Other Premium Light Vehicle Market by Production
- Table 101: North America Other Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 102: North America Other Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.6.6 North America Premium Light Vehicle Market Production by Region (the US, Canada, and Mexico)
- Table 103: North America Premium Light Vehicle Market Production by Region; 2021 (Percentage, %)
- 4.6.7 The US Premium Light Vehicle Market by Production
- Table 104: The US Premium Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 105: The US Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.6.8 Canada Premium Light Vehicle Market by Production
- Table 106: Canada Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 107: Canada Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.6.9 Mexico Premium Light Vehicle Market by Production
- Table 108: Mexico Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 109: Mexico Premium Light Vehicle Market by Production, 2022-2027 (Thousand Units)
- 4.7 Rest of the World Light Vehicle Market: An Analysis
- 4.7.1 Rest of the World Light Vehicle Market by Production: An Overview
- 4.7.2 Rest of the World Light Vehicle Market by Production
- Table 110: Rest of the World Light Vehicle Market by Production, 2019-2021 (Million Units)
- Table 111: Rest of the World Light Vehicle Market by Production, 2022-2027 (Million Units)
- 4.8 Rest of the World Premium Light Vehicle Market: An Analysis
- 4.8.1 Rest of the World Premium Light Vehicle Market by Production: An Overview
- 4.8.2 Rest of the World Premium Light Vehicle Market by Production
- Table 112: Rest of the World Premium Light Vehicle Market by Production, 2019-2021 (Thousand Units)
- Table 113: Rest of the World Premium Light Vehicle Market by Production, 2022-2027 (Million Units)
- 5. Impact of COVID-19
- 5.1 Impact of COVID-19
- 5.1.1 Impact of COVID-19 on Unemployment
- Table 114: Global Labor Force; 2017–2021 (Billion)
- 5.1.2 Impact of COVID-19 on Light Vehicle Average Age
- Table 115: The US Light Vehicle Average Age; 2017–2021 (Years)
- 5.2 Post-COVID-19 Impact on Global Light Vehicle Market
- 6. Market Dynamics
- 6.1 Growth Driver
- 6.1.1 Rising Disposable Income
- Table 116: Global GNI per capita, PPP (Current International US$); 2017-2021 (US$ Thousand)
- 6.1.2 Rapid Urbanization
- Table 117: Global Urban Population; 2017-2021 (Percentage, %)
- 6.1.3 Rising Number of High-Net-Worth Individuals (HNWIs)
- Table 118: Global Number of High Net Worth Individuals (HNWIs); 2017–2021 (Million)
- 6.1.4 Rising Female Population
- Table 119: Global Female Population; 2017–2021 (Billion)
- 6.1.5 Shift in Technological Advancements
- 6.1.6 Increasing Use of Solar Automobiles
- 6.1.7 Rising Demand for SUVs
- 6.2 Challenges
- 6.2.1 Increase in Prices of Materials
- 6.2.2 Difficulty in Maintenance of Light Weight Materials
- 6.3 Market Trends
- 6.3.1 Involvement of Artificial Intelligence
- Table 120: Global Artificial Intelligence (AI) Market Revenues; 2020-2023 (US$ Billion)
- 6.3.2 Upsurge in Use of Electric Vehicles
- Table 121: Global Electric Car Stock; 2017-2021 (Million)
- 6.3.3 Increase in Use of Light Weight Material
- 6.3.4 Reshaping Premium Vehicles as Per Market’s Preference
- 6.3.5 Integration of Big Data and Business Analytics with Automobile Industry
- 7. Competitive Landscape
- 7.1 Global Light Premium Vehicle Players by Market Share
- Table 122: Global Premium Light Vehicle Players by Market Share; 2021 (Percentage, %)
- 8. Company Profiles
- 8.1 Bayerische Motoren Werke AG
- 8.1.1 Business Overview
- 8.1.2 Business Segment
- Table 123: Bayerische Motoren Werke AG Revenue by Business Segment; 2021 (Percentage, %)
- 8.1.3 Business Strategy
- 8.2 Mercedes-Benz Group AG
- 8.2.1 Business Overview
- 8.2.2 Operating Division
- Table 124: Mercedes-Benz Group AG Revenue by Division; 2021 (Percentage, %)
- 8.2.3 Business Strategy
- 8.3 Tesla, Inc.
- 8.3.1 Business Overview
- 8.3.2 Operating Segment
- Table 125: Tesla, Inc. Revenue by Segment; 2021 (Percentage, %)
- 8.3.3 Business Strategy
- 8.4 Volkswagen Group
- 8.4.1 Business Overview
- 8.4.2 Operating Segment
- Table 126: Volkswagen Group Sale Revenue by Segment; 2021 (Percentage, %)
- 8.4.3 Business Strategy
- 8.5 General Motors Co.
- 8.5.1 Business Overview
- 8.5.2 Operating Segment
- Table 127: General Motors Co. Total Net Sales and Revenue by Segment; 2021 (Percentage, %)
- 8.5.3 Business Strategy
- 8.6 Toyota Motor Corporation
- 8.6.1 Business Overview
- 8.6.2 Operating Segment
- Table 128: Toyota Motor Corporation Sales Revenues by Segment; 2022 (Percentage, %)
- 8.6.3 Business Strategy
- 8.7 Ford Motor Company
- 8.7.1 Business Overview
- 8.7.2 Operating Segment
- Table 129: Ford Motor Company Total Revenues by Segment; 2022 (Percentage, %)
- 8.7.3 Business Strategy
- 8.8 Stellantis NV
- 8.8.1 Business Overview
- 8.8.2 Operating Segment
- Table 130: Stellantis NV Total Revenues by Segment; 2022 (Percentage, %)
- 8.8.3 Business Strategy
- 8.9 Zhejiang Geely Holding Group Co., Ltd.
- 8.9.1 Business Overview
- 8.9.2 Business Strategy
- 8.10 Aston Martin Lagonda Global Holdings PLC
- 8.10.1 Business Overview
- 8.10.2 Business Strategy
- 8.11 Exor N.V. (Ferrari N.V.)
- 8.11.1 Business Overview
- 8.11.2 Business Strategy
- 8.12 McLaren Group
- 8.12.1 Business Overview
- 8.12.2 Business Strategy
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