100+ datasets found
  1. North America Automotive Market Analysis | Industry Growth, Size & Forecast...

    • mordorintelligence.com
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    Mordor Intelligence, North America Automotive Market Analysis | Industry Growth, Size & Forecast Report [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-automotive-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    North America
    Description

    The North America Automotive Industry is Segmented by Vehicle Type (Passenger Cars, Commercial Vehicles (Light Commercial Vehicles and Medium and Heavy Commercial Vehicles), and Two-wheelers) and Geography (United States, Canada, and the Rest of North America). The report offers market size and forecast in value (USD million) for the above segments.

  2. Z

    Automobile Market By Propulsion Type (Electric Vehicle and Internal...

    • zionmarketresearch.com
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    Updated Mar 16, 2025
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    Zion Market Research (2025). Automobile Market By Propulsion Type (Electric Vehicle and Internal Combustion Engine Vehicle), By Vehicle Type (Commercial Vehicles and Passenger Vehicles), and By Region - Global and Regional Industry Trends, Value, Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030 [Dataset]. https://www.zionmarketresearch.com/report/automobile-market
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    pdfAvailable download formats
    Dataset updated
    Mar 16, 2025
    Dataset authored and provided by
    Zion Market Research
    License

    https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global
    Description

    Global automobile market size was worth around $2810.63 billion in 2022 and is predicted to grow $3969.84 billion by 2030 with a CAGR of roughly 4.42%

  3. India Automobile Industry Market Analysis | Growth, Forecast, Size & Trends...

    • mordorintelligence.com
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    Mordor Intelligence, India Automobile Industry Market Analysis | Growth, Forecast, Size & Trends Report [Dataset]. https://www.mordorintelligence.com/industry-reports/analysis-of-automobile-industry-in-india
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    India
    Description

    The Report On India Automobile Industry is Segmented by Vehicle Types (Two-Wheelers, Passenger Cars, Commercial Vehicles, and Three-Wheelers), by Fuel Type (Diesel, Petrol/Gasoline, Electric, CNG/LPG, and Others), and by Region (North India, East India, West India, and South India). The Report Covers the Market Size and Forecasts for the Indian Automobile Industry in Value (USD) for all the Above Segments.

  4. U.S. automotive industry - vehicle production 2020-2025

    • statista.com
    Updated May 16, 2024
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    U.S. automotive industry - vehicle production 2020-2025 [Dataset]. https://www.statista.com/statistics/290835/united-states-light-vehicle-production-outlook/
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    Dataset updated
    May 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    U.S. motor vehicle production is projected to reach some 11.7 million units by 2025. Following strong post financial crisis growth, the U.S. motor industry is expected to enter a phase of stagnation between 2020 and 2022. Sales outstrip production Even though motor vehicle sales in the United States are projected to slow down in the medium term, the U.S. is tipped to remain North America's largest vehicle sales market, and North American motor vehicle demand will likely continue to be greater than supply in 2020 with over 20 million units to be sold in North America. U.S. light vehicle sales are expected to hover around 17.7 million units in 2025. Global production trend Worldwide automobile production is declining as globalization wanes. China is the largest manufacturer and consumer of passenger cars in the world. Import tariffs on Chinese autos and parts into the United States or vice versa could have a knock-on effect in other regions. Uncertainty of Brexit as well as sluggish economic trends in Japan and China are also likely to lower global motor production.

  5. Z

    US Automotive Market By Vehicle Type (Passenger Cars, Commercial Vehicle,...

    • zionmarketresearch.com
    pdf
    Updated Mar 17, 2025
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    Zion Market Research (2025). US Automotive Market By Vehicle Type (Passenger Cars, Commercial Vehicle, and Two Wheelers), By Propulsion Type (Internal Combustion Engine, Electric, and Hybrid), and By Country-State Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032 [Dataset]. https://www.zionmarketresearch.com/report/us-automotive-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Zion Market Research
    License

    https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy

    Time period covered
    2022 - 2030
    Area covered
    Global, United States
    Description

    The US Automotive Market size was worth around USD 4.35 billion in 2023 and is predicted to grow to around USD 10.67 billion by 2032 with a CAGR of roughly 10.5%.

  6. Automotive Service Market Analysis North America, APAC, Europe, South...

    • technavio.com
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    Technavio, Automotive Service Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, UK, Germany, Japan - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/automotive-service-market-analysis
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    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Automotive Service Market Size 2024-2028

    The automotive service market size is forecast to increase by USD 401.4 billion at a CAGR of 8.09% between 2023 and 2028.

    The market is experiencing significant growth due to several key factors. The increasing vehicle population continues to drive demand for automotive repair and maintenance services. Furthermore, the automotive industry is undergoing a digital transformation with the integration of advanced technologies such as Electronic Access Control Systems (EACS) and automotive powertrain testing. Additionally, the rise of electric cars and mobility-as-a-service models are disrupting traditional business models, presenting both opportunities and challenges. The uncertainty In the automotive industry, including regulatory changes and economic factors, also impacts the market dynamics. The automotive parts sector is a crucial component of the service market, as the demand for replacement parts remains strong despite the shift towards electric vehicles.
    Overall, the market is poised for growth, with a focus on innovation, adaptability, and customer satisfaction.
    

    What will be the Size of the Automotive Service Market During the Forecast Period?

    Request Free Sample

    The market encompasses aftermarket services for various types of vehicles, including cars, heavy commercial vehicles, two wheelers, and specialized vehicles. This market is driven by the continuous sales of new and used automobiles, as well as the demand for replacement parts and maintenance services for aging cars. Consumer habits and lifestyles are shifting towards shared mobility solutions, such as ride-hailing services, taxis, and car-sharing platforms. 
    Sustainability is also a growing concern, with an increasing focus on electric and hybrid vehicles, as well as the integration of connected car technologies and self-driving capabilities. The market is characterized by its size and diversity, with a wide range of players offering services related to vehicle components, repair and maintenance, software expertise, and online sales platforms.
    Price sensitivity among customers remains a significant factor, as does the need for efficient repair times and profitability for service providers. The market is further influenced by the ongoing advancements in automotive technology, including sensors, internal combustion engines, and the integration of mobility fleet sharing.
    

    How is this Automotive Service Industry segmented and which is the largest segment?

    The automotive service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Type
    
      Mechanical services
      Exterior and structural services
      Maintenance services
    
    
    Vehicle Type
    
      Passenger cars
      Light commercial vehicles
      Two wheelers
      Heavy commercial vehicles
    
    
    Geography
    
      North America
    
        US
    
    
      APAC
    
        China
        Japan
    
    
      Europe
    
        Germany
        UK
    
    
      South America
    
    
    
      Middle East and Africa
    

    By Type Insights

    The mechanical services segment is estimated to witness significant growth during the forecast period.
    

    The market encompasses various mechanical offerings, including oil filter changes, wiper blade replacement, tire installation, and battery replacement. The need for enhanced performance and dependability in contemporary vehicles drives the demand for advanced automotive services. The sales of vehicles, particularly passenger cars and light commercial vehicles, significantly influence the adoption of automotive services. In emerging economies, the growing economic activities have led to a surge in demand for commercial vehicles, especially light-duty ones. Minivans and other light commercial vehicles are extensively utilized for business applications such as intercity transportation, fueling the expansion of the light-duty commercial vehicles market and the subsequent demand for automotive services.

    Additionally, the shift towards sustainability, consumer habits, mobility fleet sharing, and lifestyle trends, including the rise of special utility vehicles and electric or hybrid vehicles, are transforming the automotive components landscape and the associated maintenance services. Exterior and structural repairs, franchise general repairs, tire stores, and maintenance services for internal combustion engines, exterior components, and replacement parts are essential offerings In the automotive services market. The market is further segmented into maintenance and repair services for passenger cars, light commercial vehicles, heavy commercial vehicles, two wheelers, and various vehicle components. The market's profitability is influenced by factors such as repair time, price sensitivity, and the integration of sensors, connected car technologies, and self

  7. The global Complete Automotive Market size is USD XX million in 2024.

    • cognitivemarketresearch.com
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    Cognitive Market Research, The global Complete Automotive Market size is USD XX million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/complete-automotive-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset provided by
    Decipher Market Research
    Authors
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global complete automotive market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.60% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.8% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2031.
    The electric held the highest complete automotive market revenue share in 2024.
    

    Market Dynamics of Complete Automotive Market

    Key Drivers for Complete Automotive Market

    Growing Interest in Improved Fuel Economy to Increase the Demand Globally

    The increasing demand for cars with more efficient engines is driving the market's growth. Additionally, automakers are putting more effort into creating vehicles with reduced greenhouse gas (GHG) emissions and fuel consumption. Their utilization of low-cost parts and effective features has a big influence on overall automotive standards. Automakers are looking into new materials and forms for cars in an effort to reduce weight while increasing airflow. The development and supply logistics sectors' growing demand for avenue and transport expansion is thus anticipated to drive growth in the market for full automobiles. For instance, Panasonic Automotive Systems and Arm established a strategic alliance to standardize software-defined vehicle (SDV) automotive technology. From their active involvement in SOAFEE, a nationwide action that is promoting a stronger partnership in established software building across the automobile sector, both businesses have agreed on their shared vision of developing a software stack that is flexible enough to meet the needs of the automotive industry both now and in the years ahead.

    Increasing Popularity in Electric Cars to Propel Market Growth

    The complete automotive industry is driven by the growing popularity of electric vehicles. The government is promoting the sale of battery-operated cars by offering motorists financial rewards and improving the facilities necessary for electric automobiles, such as charging facilities across the nation, in response to the global decline in the atmosphere and increasing emission rates. The market for complete automotive is anticipated to grow along with the rise in revenues of electric automobiles. The municipality is investing a substantial amount of funds to stimulate the market for electric automobiles.

    Restraint Factor for the Complete Automotive Market

    Variable Pricing for Ingredients to Limit the Sales

    The main components required to make vehicles are copper wires and steel framework. Availability of resources and price fluctuation are issues for suppliers and automakers. Variations in basic ingredient prices are restraining the worldwide automotive engine market's expansion. Furthermore, producers are unable to benefit from falling material prices due to extended supply agreements. Thus, if the resource or material's price drops, producers lose their edge and expense. Substantial production expenses and low consumption in emerging economies restrict the expansion of the market.

    Impact of Covid-19 on the Complete Automotive Market

    The COVID-19 pandemic has caused a great deal of economic and social disruption. The epidemic has impacted many firms' value chains and supply chains. This is also true of the whole automotive industry. Analysis of the COVID-19 pandemic's effects will be conducted from the viewpoints of the supply and demand sides of the business as a whole. Both immediate and long-term repercussions of the epidemic will be researched and examined. This would help all industry participants, especially suppliers...

  8. India Automotive Market Analysis - Size and Forecast 2025-2029

    • technavio.com
    Updated Feb 15, 2025
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    India Automotive Market Analysis - Size and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/india-automotive-market-industry-analysis
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    India
    Description

    Snapshot img

    India Automotive Market Size 2025-2029

    The india automotive market size is forecast to increase by USD 60.6 billion billion at a CAGR of 7.9% between 2024 and 2029.

    The Indian automotive market presents significant growth opportunities for global investors, driven by a burgeoning middle class population and increasing demand for personal mobility solutions. With over 1.3 billion people, India's consumer base is vast and diverse, creating a large potential market for automotive companies. Moreover, the shift towards sustainable transportation is gaining momentum in India, with the rise in demand for electric vehicles (EVs) and the government's push towards electrification. However, this market is not without challenges. Intense competition among companies, including domestic and international players, is driving down prices and increasing pressure on profit margins. Navigating this complex landscape requires a deep of local market dynamics and the ability to adapt quickly to changing consumer preferences and regulatory requirements. Companies seeking to capitalize on the opportunities in the Indian automotive market must focus on innovation, sustainability, and cost competitiveness to stay ahead of the competition.

    What will be the size of the India Automotive Market during the forecast period?

    Request Free Sample

    The automobile industry in India, a significant player in the global transport sector, continues to exhibit growth, driven by the expanding middle class population and urbanization. The market, encompassing passenger vehicles and commercial motor vehicles, is witnessing dynamic trends, including the adoption of connected automotive technology, real-time navigation, remote diagnostics, and autonomous driving technology. Hybrid vehicles and eco-friendly designs are gaining traction, aligning with the global shift towards green mobility solutions. Fuel efficiency, battery management, and emission control are key focus areas for automakers. Urban areas, with their unique mobility challenges, are fostering innovation in areas such as lightweight materials, smart mobility, and charging infrastructure. Automotive electronics, telematics systems, infotainment systems, powertrain innovation, and vehicle safety are other critical domains of development. The integration of driver assistance features and autonomous driving technology is transforming the industry landscape. As India continues to urbanize and income levels rise, the demand for affordable, efficient, and technologically advanced vehicles is expected to remain strong.

    How is this market segmented?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeTwo-wheelersPassenger carsCommercial vehiclesThree-wheelersFuel TypeDieselPetrolCNG and LPGElectricDistribution ChannelOfflineOnlineGeographyIndia

    By Type Insights

    The two-wheelers segment is estimated to witness significant growth during the forecast period.

    The Indian automotive market encompasses a vast array of segments, with two-wheelers representing a significant portion. Fueled by population growth, urbanization, and increasing disposable income, demand for two-wheelers continues to rise. This category includes motorcycles and scooters, categorized based on engine power, purpose, styling, and cost. Motorcycles, more powerful than scooters, range from entry-level models with engines up to 500cc. In contrast, scooters, suitable for urban commuting, typically fall between 100cc and 150cc. Passenger vehicles, including passenger cars, compact SUVs, mid-size SUVs, hybrid electric vehicles, and autonomous vehicles, also constitute a substantial portion of the market. Corporate interest in passenger transportation, environmental concerns, and economic conditions further influence the industry's growth. The automotive sector includes vehicle manufacturing, motor vehicle selling, and the transport industry, with new vehicle registrations reaching record numbers. Companies invest in AI software, real-time navigation, remote diagnostics, and autonomous driving technology to cater to the evolving needs of consumers. The government's phased manufacturing proposal and emissions standards encourage the adoption of green mobility solutions, such as electric vehicles and hybrid vehicles. The two-wheeler industry, a crucial component of the automotive market, continues to expand, catering to the diverse needs of the middle-class population in urban areas.

    Get a glance at the market share of various segments Request Free Sample

    The Two-wheelers segment was valued at USD 52.40 billion in 2019 and showed a gradual increase during the forecast period.

    Market Dynamics

    Our researchers analyzed the data with 2024 as the base year, along

  9. Big Data in Automotive Industry - Providers & Companies

    • mordorintelligence.com
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    Mordor Intelligence, Big Data in Automotive Industry - Providers & Companies [Dataset]. https://www.mordorintelligence.com/industry-reports/big-data-market-in-the-automotive-industry
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    Big Data in Automotive Industry Insights and It is Segmented by Application (Product Development, Supply Chain and Manufacturing, OEM Warranty and Aftersales/Dealers, Connected Vehicle and Intelligent Transportation, and Sales, Marketing, and Other Applications) and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

  10. Automotive Hardware Market Growth - Trends & Forecast 2025 to 2035

    • futuremarketinsights.com
    pdf
    Updated Mar 11, 2025
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    Future Market Insights (2025). Automotive Hardware Market Growth - Trends & Forecast 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/automotive-hardware-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    Automakers are bulking up on the use of advanced materials, hardware control systems with AI in the loop and weight savings techniques Future vehicles will utilize far more smart locking systems, electronic braking components, active aerodynamics hardware, etc. Automotive Hardware Market Projected to grow from USD 88.3 Billion in 2025 to USD 130.7 Billion in 2035, this market is projected to grow at a CAGR of 4.0% during 2025 to 2035.

    MetricValue
    Industry Size (2025E)USD 88.3 Billion
    Industry Value (2035F)USD 130.7 Billion
    CAGR (2025 to 2035)4.0%

    Country-wise Outlook

    CountryCAGR (2025 to 2035)
    USA4.3%
    CountryCAGR (2025 to 2035)
    UK3.8%
    CountryCAGR (2025 to 2035)
    EU3.9%
    CountryCAGR (2025 to 2035)
    Japan3.7%
    CountryCAGR (2025 to 2035)
    South Korea4.1%

    Competitive Outlook

    Company NameEstimated Market Share (%)
    Robert Bosch GmbH12-16%
    Denso Corporation10-14%
    Magna International Inc.8-12%
    ZF Friedrichshafen AG6-10%
    Aisin Seiki Co., Ltd.4-8%
    Other Companies (combined)45-55%
  11. Predicted revenue development of the German automobile industry from 2013 to...

    • statista.com
    Updated Nov 22, 2023
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    Statista (2023). Predicted revenue development of the German automobile industry from 2013 to 2025 [Dataset]. https://www.statista.com/statistics/587549/german-car-industry-predicted-revenue-development/
    Explore at:
    Dataset updated
    Nov 22, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Germany
    Description

    In 2021, the predicted revenue will amount to 465.5 billion euros. Figures are only predicted to grow in the coming years.

  12. Morocco Automotive Market Analysis | Industry Growth, Size & Forecast Report...

    • mordorintelligence.com
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    Mordor Intelligence, Morocco Automotive Market Analysis | Industry Growth, Size & Forecast Report [Dataset]. https://www.mordorintelligence.com/industry-reports/morocco-automotive-industry-outlook
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Morocco
    Description

    The Report Covers Morocco Car Manufacturing & Production and the Market is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles) and Drive Type (Internal Combustion Engine, Plug-in Hybrid, and Battery Electric). The report offers market size and forecast for the Moroccan Automotive market in terms of value (in USD billion) for all the above segments.

  13. The global Automotive Research And Development Services market size will be...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Jan 3, 2025
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    Cognitive Market Research (2025). The global Automotive Research And Development Services market size will be USD 19241.6 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/automotive-research-and-development-services-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 3, 2025
    Dataset provided by
    Decipher Market Research
    Authors
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Automotive Research And Development Services market size will be USD 19241.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 25.20% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 7696.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5772.48 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4425.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 27.2% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 962.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.6% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 384.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.9% from 2024 to 2031.
    The Electronics & Electrical segment is the fastest-growing in the Automotive Research and Development Services Market, fueled by the increasing integration of advanced technologies in vehicles
    

    Market Dynamics of Automotive Research And Development Services Market

    Key Drivers for Automotive Research And Development Services Market

    Growing Demand for Advanced Vehicle Technologies to Boost Market Growth

    The automotive industry is witnessing a significant rise in consumer demand for advanced vehicle technologies, including electric powertrains, autonomous driving systems, and in-car connectivity. As consumers become more tech-savvy and environmentally conscious, automakers are prioritizing the development of innovative technologies to meet these expectations. This demand drives the need for automotive research and development services, as companies seek to stay competitive by introducing cutting-edge features. Continuous advancements in AI, machine learning, and sensor technologies also contribute to this growth, fueling R&D efforts for next-generation vehicles. For instance, In November 2022, IAV Automotive Engineering (IAV) launched a project which provides a method to find the emission from ICE vehicles on braking. It allows IAV to precisely evaluate the mass, number, and size of fine, ultra-fine particles generated during the braking process. This project was undertaken under the EU emission reduction project

    Government Regulations and Sustainability Initiatives to Drive Market Growth

    Governments across the globe are enforcing stricter environmental regulations and sustainability initiatives to reduce carbon emissions and promote energy-efficient vehicles. These regulations, coupled with rising concerns over climate change, are driving automakers to invest heavily in R&D to develop cleaner, more fuel-efficient vehicles. Electric vehicles (EVs), hybrid models, and low-emission technologies are in high demand, prompting the need for extensive research and development services. As regulations continue to evolve, automakers will need to adapt, presenting further opportunities for innovation and advancement in the automotive sector.

    Restraint Factor for the Automotive Research And Development Services Market

    High Costs of R&D and Infrastructure, will Limit Market Growth

    One of the key restraints in the automotive research and development services market is the high cost associated with the research and innovation process. Developing new automotive technologies requires significant investments in infrastructure, equipment, and human resources. Companies must allocate substantial capital to fund R&D activities, including prototyping, testing, and compliance with safety and regulatory standards. Small to medium-sized manufacturers may find it difficult to bear these high costs, limiting their ability to engage in extensive R&D. The financial burden can hinder the pace of innovation, especially for companies looking to enter the competitive automotive market.

    Impact of Covid-19 on the Automotive Research And Development Services Market

    Covid-19 pandemic significantly impacted the Automotive Research and Development Services Market by causing disruptions in manufacturing, supply chai...

  14. Global Automotive NFC Market Size By Type, By Vehicle Type, By Application,...

    • verifiedmarketresearch.com
    Updated Jun 17, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Automotive NFC Market Size By Type, By Vehicle Type, By Application, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/automotive-nfc-market/
    Explore at:
    Dataset updated
    Jun 17, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Automotive NFC Market size was valued at USD 3.97 Billion in 2024 and is projected to reach USD 24.24 Billion by 2031, growing at a CAGR of 28.00% from 2024 to 2031.

    Global Automotive NFC Market Drivers

    The market drivers for the Automotive NFC Market can be influenced by various factors. These may include:

    Growing Adoption Of Connected Cars: As digital technologies are more widely incorporated into cars, there is a growing need for NFC-enabled devices that facilitate data transfer, authentication, and communication between cars and smartphones.

    Increased Vehicle Connectivity: NFC technology makes it possible for cars to seamlessly link to other devices, such wearables, tablets, and smartphones. The desire from consumers for improved infotainment, navigation, and telematics services is fueling this trend toward increased connection.

    Improved User Experience: NFC technology makes it easy and convenient for users to integrate their devices with car systems for features like keyless entry, hands-free calling, and customized settings.

    A Growing Emphasis On Vehicle Security: Secure access, remote vehicle monitoring, and anti-theft protection are just a few of the features that NFC-based authentication systems are providing to improve vehicle security.

    Government Regulations: As automakers work to comply with these regulations and improve the general safety and security of vehicles, regulatory demands pertaining to vehicle safety and connection standards are also propelling the adoption of NFC technology in the automotive sector.

    Growing Need For Contactless Solutions: Following the COVID-19 epidemic, contactless solutions are receiving more attention from a variety of industries, including the automotive one. For use in applications such as digital key access in cars and contactless payments, NFC technology offers a safe and practical contactless communication solution.

    Fast Technological Advancements: The automobile industry is seeing a greater range of uses for NFC technology because to its ongoing improvements in speed, range, and security. This is encouraging additional acceptance and market expansion.

  15. Global Automotive Industry Consulting Service Market Size By Service Type,...

    • verifiedmarketresearch.com
    Updated May 21, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Automotive Industry Consulting Service Market Size By Service Type, By Consulting Focus, By End-User Industry, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/automotive-industry-consulting-service-market/
    Explore at:
    Dataset updated
    May 21, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Automotive Industry Consulting Service Market size was valued at USD 33.3 Billion in 2024 and is projected to reach USD 58.3 Billion by 2031, growing at a CAGR of 7.75% during the forecasted period 2024 to 2031

    Global Automotive Industry Consulting Service Market Drivers

    Technological improvements: There is a growing need for consulting services to negotiate complicated technical landscapes and execute creative solutions due to the rapid improvements in automotive technologies, including electrification, connectivity, autonomous driving, and shared mobility.

    Regulatory Compliance and Emissions Standards: Tight emissions laws, safety requirements, and sustainability programmes fuel the need for advisory services to assist automakers and suppliers in adhering to legal requirements, navigating legislative changes, and implementing environmentally friendly practices.

    Market Entry and Expansion Strategies: As the automotive industry becomes more globally interconnected and as new markets emerge, consulting firms are better positioned to offer market research, expansion strategies, and market entry plans to automakers looking to expand into new markets or geographic areas.

    Industry 4.0 and Digital Transformation: The automobile sector is adopting cloud computing, big data analytics, and Internet of Things (IoT) technologies as part of its digital transformation. To help businesses with digitalization initiatives, process optimisation, and the deployment of smart manufacturing systems, consulting services are required.

    Supply Chain Optimisation: To maximise productivity, cut expenses, and boost resilience, the automotive supply chain is growing increasingly intricate and international. To this end, consulting knowledge in supply chain management, logistics, supplier development, and risk mitigation is needed.

    Customer Experience and Brand distinction: Automotive firms are looking for consulting services to improve customer experience, create strategies for brand distinction, and make use of digital marketing and customer interaction tools in response to growing competition and shifting consumer preferences.

    Electric and Autonomous Vehicles: As the world moves towards electric vehicles (EVs) and autonomous driving technologies, consulting firms will have more opportunity to provide their skills in infrastructure planning, battery technology, EV adoption strategies, and autonomous vehicle development.

    Acquisitions and Mergers: The automotive industry’s consolidation and strategic alliances are driving demand for advisory services in the areas of integration planning, post-merger synergy realisation, due diligence, and valuation.

    Corporate social responsibility (CSR) and sustainability: As public awareness of CSR and environmental sustainability programmes grows, automakers are turning to consultants for help in creating CSR reporting frameworks, strategies, and plans for reducing their carbon footprint and meeting stakeholder expectations.

  16. Annual car sales worldwide 2010-2024, with a forecast for 2025

    • statista.com
    • flwrdeptvarieties.store
    Updated Mar 14, 2025
    + more versions
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    Statista (2025). Annual car sales worldwide 2010-2024, with a forecast for 2025 [Dataset]. https://www.statista.com/statistics/200002/international-car-sales-since-1990/
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    Dataset updated
    Mar 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    Worldwide car sales grew to around 78 million automobiles in 2024, up from around 75.3 million units in 2023. Throughout 2020 and 2021, the sector experienced a downward trend on the back of a slowing global economy, while COVID-19 and the Russian war on Ukraine contributed to shortages in the automotive semiconductor industry and further supply chain disruptions in 2022. Despite these challenges, 2023 and 2024 sales surpassed pre-pandemic levels and are forecast to keep rising through 2025. Covid-19 hits car demand It had been estimated pre-pandemic that international car sales were on track to reach 80 million. While 2023 sales are still far away from that goal, this was the first year were car sales exceeded pre-pandemic values. The automotive market faced various challenges in 2023, including supply shortages, automotive layoffs, and strikes in North America. However, despite these hurdles, the North American market was among the fastest-growing regions in 2024, along with Eastern Europe and Asia, as auto sales in these regions increased year-on-year. Chinese market recovers After years of double-digit growth, China's economy began to lose steam in 2022, and recovery has been slow through 2023. China was the largest automobile market based on sales with around 25.8 million units in 2023. However, monthly car sales in China were in free-fall in April 2022 partly due to shortages, fears over a looming recession, and the country grappling with the COVID-19 pandemic. By June of that same year, monthly sales in China were closer to those recorded in 2021.

  17. DM in Automotive Market Size, Share, Growth and Industry Report

    • imarcgroup.com
    pdf,excel,csv,ppt
    Updated Jun 8, 2023
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    IMARC Group (2023). DM in Automotive Market Size, Share, Growth and Industry Report [Dataset]. https://www.imarcgroup.com/dm-in-automotive-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 8, 2023
    Dataset provided by
    Imarc Group
    Authors
    IMARC Group
    License

    https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    The global DM in automotive market size reached USD 10.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.51% during 2025-2033. The increasing adoption of digital technologies in the automotive industry, rising demand for customization, growing focus on quality enhancement and enhanced focus on research and development (R&D) activities, represent some of the key factors driving the market.

    Report Attribute
    Key Statistics
    Base Year
    2024
    Forecast Years
    2025-2033
    Historical Years
    2019-2024
    Market Size in 2024
    USD 10.6 Billion
    Market Forecast in 2033
    USD 17.5 Billion
    Market Growth Rate (2025-2033)5.51%

    IMARC Group provides an analysis of the key trends in each segment of the global DM in automotive market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on type and application.

  18. Company Data | Automotive Industry in North America | Detailed Business...

    • datarade.ai
    Updated Feb 12, 2018
    + more versions
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    Success.ai (2018). Company Data | Automotive Industry in North America | Detailed Business Profiles | Best Price Guaranteed [Dataset]. https://datarade.ai/data-products/company-data-automotive-industry-in-north-america-detaile-success-ai
    Explore at:
    .bin, .json, .xml, .csv, .xls, .sql, .txtAvailable download formats
    Dataset updated
    Feb 12, 2018
    Dataset provided by
    Area covered
    Saint Pierre and Miquelon, Nicaragua, Bermuda, United States of America, Honduras, Mexico, Greenland, Guatemala, Belize, Panama, North America
    Description

    Success.ai’s Verified Company Data for the Automotive Industry in North America provides businesses with reliable, detailed insights into automotive companies and decision-makers across the region.

    Drawing from over 170 million verified professional profiles and 30 million company profiles, this dataset delivers comprehensive firmographic details, business locations, and direct contact information for automotive manufacturers, suppliers, dealerships, and service providers.

    Whether you’re targeting OEMs, aftermarket suppliers, or dealership networks, Success.ai ensures your outreach and strategic initiatives are supported by accurate, continuously updated, and AI-validated data, all backed by our Best Price Guarantee.

    Why Choose Success.ai’s Automotive Industry Data?

    1. Comprehensive Automotive Company Insights

      • Access verified firmographic details such as company size, revenue range, production capabilities, and geographic locations.
      • AI-driven validation ensures 99% accuracy, providing confidence in your data and streamlining outreach efforts.
    2. Coverage of North American Automotive Markets

      • Includes profiles of manufacturers, Tier 1 and Tier 2 suppliers, dealerships, and service centers across the U.S., Canada, and Mexico.
      • Gain visibility into operational structures, market dynamics, and technology adoption trends unique to the North American automotive sector.
    3. Continuously Updated Datasets

      • Real-time updates reflect leadership changes, market expansions, plant openings, and emerging business opportunities.
      • Stay ahead of industry trends and maintain alignment with the fast-paced automotive market.
    4. Ethical and Compliant

      • Adheres to GDPR, CCPA, and other data privacy regulations, ensuring responsible and lawful use of company data in your campaigns.

    Data Highlights:

    • 170M+ Verified Professional Profiles: Connect with automotive executives, operations managers, engineers, and procurement specialists across North America.
    • 30M Company Profiles: Access detailed insights into supply chains, dealership networks, and aftermarket providers.
    • Business Location Data: Pinpoint facilities, plants, and distribution centers to refine supply chain strategies and customer engagement efforts.
    • Firmographic Insights: Understand production capacities, specialization areas, and market positions of automotive businesses.

    Key Features of the Dataset:

    1. Decision-Maker Profiles in the Automotive Sector

      • Identify and engage with CEOs, COOs, plant managers, and R&D directors shaping production, procurement, and innovation strategies.
      • Target professionals influencing vehicle design, supplier contracts, and dealership networks.
    2. Advanced Filters for Precision Targeting

      • Filter companies by segment (OEMs, aftermarket suppliers, EV manufacturers), geographic location, production volumes, or technology focus.
      • Tailor campaigns to align with regional trends, sustainability initiatives, and consumer preferences.
    3. AI-Driven Enrichment

      • Profiles enriched with actionable data enable personalized messaging, highlight value propositions, and improve engagement outcomes with automotive stakeholders.

    Strategic Use Cases:

    1. Supplier and Vendor Development

      • Build relationships with Tier 1 and Tier 2 suppliers managing raw materials, components, or technology integrations.
      • Present products or services that enhance efficiency, cost savings, or compliance with sustainability regulations.
    2. Market Entry and Expansion Strategies

      • Explore opportunities to enter new markets or expand into EV production, autonomous vehicles, or connected car technologies.
      • Analyze firmographics and location data to select regions or partners aligned with your business goals.
    3. Technology and Innovation Outreach

      • Target R&D directors and engineering teams evaluating new technologies like robotics, IoT systems, or AI-driven production tools.
      • Position your solutions to support innovation in EVs, advanced manufacturing, or intelligent supply chains.
    4. Dealership and Service Network Optimization

      • Engage with dealership owners and service managers to enhance customer experience, increase operational efficiency, or adopt digital platforms.
      • Present solutions for inventory management, CRM systems, or customer loyalty programs tailored to dealership needs.

    Why Choose Success.ai?

    1. Best Price Guarantee

      • Access premium-quality data at competitive prices, ensuring maximum ROI for sales, marketing, and operational initiatives targeting the automotive industry.
    2. Seamless Integration

      • Incorporate verified automotive data into your CRM, marketing automation platforms, or supply chain management systems via APIs or downloadable formats.
    3. Data Accuracy with AI Validation

      • Trust in 99% accuracy to guide data-driven d...
  19. Automotive Market Overview, Size, Share & Industry Trend, 2034

    • polarismarketresearch.com
    Updated Mar 5, 2025
    + more versions
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    Polaris Market Research (2025). Automotive Market Overview, Size, Share & Industry Trend, 2034 [Dataset]. https://www.polarismarketresearch.com/industry-analysis/automotive-market
    Explore at:
    Dataset updated
    Mar 5, 2025
    Dataset provided by
    Polaris Market Research & Consulting
    Authors
    Polaris Market Research
    License

    https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy

    Description

    The Automotive Market estimated size and share is projected to exceed USD 7,705.52 billion by 2034, with a forecasted CAGR of 6.8% during the period.

  20. Automobile & Light Duty Motor Vehicle Manufacturing in the US - Market...

    • ibisworld.com
    Updated Jan 28, 2025
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    IBISWorld (2025). Automobile & Light Duty Motor Vehicle Manufacturing in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/automobile-light-duty-motor-vehicle-manufacturing-industry/
    Explore at:
    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    IBISWorld
    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Automobile and light duty motor vehicle manufacturers have contended with many challenges through the current period. Significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, have spurred global demand from the growing global middle class. Even so, the pandemic led to a monumental slowdown, slashing vehicle demand. Similarly, rampant inflation and climbing interest rates made car buying more expensive, limiting potential growth despite pent-up demand for driving and travel following lockdown restrictions. Regardless, easing interest rates have created new opportunities in consumer markets, contributing to overall growth, despite many quarterly peaks and valleys. Overall, revenue has climbed at an expected CAGR of 2.4% to $364.5 billion through the current period, including a 2.7% jump in 2025, where profit reached 5.4%. Aluminum and steel are significant inputs for most automakers. Most input manufacturers cut production amid the pandemic, leaving automakers with supply chain shortages and long lead times, especially as automotive demand rebounded following the pandemic. Semiconductors and other integral electronic component manufacturers also failed to meet automaker's demand, exacerbating supply chain issues. Despite these issues, manufacturers have successfully pushed costs onto consumers, expanding profit. Many companies have also expressed greater supply chain oversight following disruptions, leading to more nearshoring, vertical integration and strategic partnerships and alliances. Even so, labor strikes, union demands and lingering economic uncertainty have contributed to volatility. Innovation and the economy's recovery will drive growth through the outlook period. Automakers will continue to invest heavily in technology and innovation, making waves with new electric and autonomous driving technologies. Companies will also lean on government support regarding electric and hybrid vehicle technology to generate strong returns and appeal to more consumers. However, the new presidential administration may cut EV rebates and implement new trade policies, potentially hindering the industry's growth outlook. Overall, revenue will expand at an expected CAGR of 1.3% to $410.4 billion through the outlook period, where profit will reach 5.7%.

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Mordor Intelligence, North America Automotive Market Analysis | Industry Growth, Size & Forecast Report [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-automotive-market
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North America Automotive Market Analysis | Industry Growth, Size & Forecast Report

Explore at:
pdf,excel,csv,pptAvailable download formats
Dataset authored and provided by
Mordor Intelligence
License

https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

Time period covered
2019 - 2030
Area covered
North America
Description

The North America Automotive Industry is Segmented by Vehicle Type (Passenger Cars, Commercial Vehicles (Light Commercial Vehicles and Medium and Heavy Commercial Vehicles), and Two-wheelers) and Geography (United States, Canada, and the Rest of North America). The report offers market size and forecast in value (USD million) for the above segments.

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