Automobile Market
Automobile Market - Global Industry Assessment & Forecast
#
Pages:
220
Base Year:
2024
Jan - 2024
Format:
Report Code:
VMR-2401
Segments Covered
By
Type Passenger Vehicles, Commercial Vehicles
-
By
Propulsion Type Electric Vehicle, Internal Combustion Engine Vehicle
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2035 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 2992.5 Billion |
 Revenue 2035:
|
USD 5975.5 Billion |
 Revenue CAGR
(2025 - 2035): |
6.50% |
Fastest Growing Region (2025 -
2035)
|
Asia Pacific |
Largest Region (2024):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Automobile Market Segment Analysis
- Automobile Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Vehicles
- Commercial Vehicles
- Automobile Propulsion Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Vehicle
- Internal Combustion Engine Vehicle
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
-
North America Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- U.S.
- U.S. Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- U.S. Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- U.S. Automobile Market, by Type
- Canada
- Canada Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Canada Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Canada Automobile Market, by Type
-
Mexico
- Mexico Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Mexico Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Mexico Automobile Market, by Type
-
North America Automobile Market, by Type
- Europe
-
Europe Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
-
Europe Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- U. K.
- U.K. Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- U.K. Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- U.K. Automobile Market, by Type
- France
- France Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- France Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- France Automobile Market, by Type
-
Germany
- Germany Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Germany Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Germany Automobile Market, by Type
-
Italy
- Italy Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Italy Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Italy Automobile Market, by Type
-
Spain
- Spain Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Spain Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Spain Automobile Market, by Type
-
Rest of Europe
- Rest of Europe Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Europe Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Rest of Europe Automobile Market, by Type
-
Europe Automobile Market, by Type
- Asia Pacific
-
Asia Pacific Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
-
Asia Pacific Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- China
- China Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- China Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- China Automobile Market, by Type
- Japan
- Japan Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Japan Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Japan Automobile Market, by Type
-
Germany
- Germany Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Germany Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Germany Automobile Market, by Type
-
India
- India Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- India Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- India Automobile Market, by Type
-
South Korea
- South Korea Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- South Korea Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- South Korea Automobile Market, by Type
-
South East Asia
- South East Asia Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- South East Asia Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- South East Asia Automobile Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Asia Pacific Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Rest of Asia Pacific Automobile Market, by Type
-
Asia Pacific Automobile Market, by Type
- Latin America
-
Latin America Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
-
Latin America Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Brazil
- Brazil Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Brazil Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Brazil Automobile Market, by Type
- Argentina
- Argentina Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Argentina Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Argentina Automobile Market, by Type
-
Rest of Latin America
- Rest of Latin America Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Latin America Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Rest of Latin America Automobile Market, by Type
-
Latin America Automobile Market, by Type
- Middle East & Africa
-
Middle East & Africa Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
-
Middle East & Africa Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- GCC Countries
- GCC Countries Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- GCC Countries Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- GCC Countries Automobile Market, by Type
- South Africa
- South Africa Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- South Africa Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- South Africa Automobile Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Automobile Market, by Type
- Passenger Vehicles
- Commercial Vehicles
- Rest of Middle East & Africa Automobile Market, by Propulsion Type
- Electric Vehicle
- Internal Combustion Engine Vehicle
- Rest of Middle East & Africa Automobile Market, by Type
-
Middle East & Africa Automobile Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Automobile in terms of revenue?
-
The global Automobile valued at USD 2992.5 Billion in 2024 and is expected to reach USD 5975.5 Billion in 2035 growing at a CAGR of 6.50%.
Which are the prominent players in the market?
-
The prominent players in the market are General Motors (U.S.), Renault (France), Toyota (Japan), Daimler (Germany), Honda (Japan), Suzuki (Japan), Ford (U.S.), Fiat Chrysler Automobiles (UK), Geely (China), Volkswagen Group (Germany), SAIC (U.S.), BMW (Germany), Nissan (Japan), PSA (Singapore), Hyundai (South Korea).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.50% between 2025 and 2035.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automobile include
- Focus on comfort in automobiles to increase demand for motors for leisure application
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automobile in 2024.
