Passenger Vehicles Market 2019 - Research on Top Industry Players: Ford Motor Company, Honda Motor, Hyundai Motor Company, Mahindra & Mahindra, Fiat Chrysler Automobiles, Volkswagen AG, Nissan, suzuki motor corporation, Zhejiang Geely Holding Group

The key topics that have been described in this Passenger Vehicles Market report include market definition, market segmentation, key developments, competitive analysis and research methodology. Passenger Vehicles Market report analyzes the market status, growth rate, future trends, market drivers, market restraints, key opportunities, challenges, market risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Passenger Vehicles Market report endows with the statistics on the current state of the industry which directs companies and investors interested in this market. The Global Passenger Vehicles Market report includes all the company profiles of the major players and brands.

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Global Passenger Vehicles Market is expected to rise from its initial estimated value of USD 1427.66 billion in 2018 to a projected value of USD 1804.31 billion by 2026, registering a CAGR of 2.97% in the forecast period of 2019-2026. This rise in market value can be attributed to the shifting landscape of vehicles being manufactured in the Asia-Pacific region because of cheap labour and lower end-product cost. Also the Global Passenger Vehicles Market By Vehicle Type (Sedans & Hatchbacks, SUVs & Crossovers, MPVs & Vans), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis:

Global passenger vehicles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of passenger vehicles market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the passenger vehicles market are

• Ford Motor Company;

• Honda Motor Co., Ltd.;

• Hyundai Motor Company;

• Mahindra & Mahindra Ltd.;

• Fiat Chrysler Automobiles;

• Volkswagen AG;

• Nissan;

• suzuki motor corporation;

• Zhejiang Geely Holding Group;

• Tata Motors;

• Groupe Renault;

• TOYOTA MOTOR CORPORATION;

• Groupe PSA;

• BMW AG;

• MITSUBISHI MOTORS CORPORATION;

• General Motors;

• Mazda Motor Corporation;

• Daimler AG;

• SAIC Motor Corporation Limited;

• Changan Automobile Co., Ltd.;

• Dongfeng Motor Group Co.,Ltd,

• Beijing Automotive Group Co., Ltd.

Key Developments in the Market:

• In August 2018, Tata Motors announced that during the following five years they plan to launch 10-12 new passenger vehicles. The vehicles will be developed under the two new platforms developed by the company – Alpha and Omega. They also announced that they plan to launch a new SUV vehicle termed as “Harrier” which will be launched in the first quarter of January

• In January 2017, Groupe Renault announced their intentions to launch at least one new vehicle every year in the Indian market till 2021. This strategy is based on their intentions to increase the market share for domestic passenger vehicles

Market Definition: Global Passenger Vehicles Market

Passenger vehicles are automotive that are used as a mode of transportation by the passengers to travel from one specific place to another. Various authorities define passenger vehicles as having four wheels and having not more than eight seats excluding the seat of the driver to carry the passengers.

Market Drivers:

• Increasing demand for automotive amid rise in the levels of disposable income is one of the major factors driving the growth of the market

• Innovations and advancements in the market resulting in development of autonomous vehicles have increased the demand for passenger vehicles

Market Restraints:

• Increasing and fluctuating prices of raw materials, which has resulted in increasing overall cost of the vehicles; this factor is expected to restrain the market growth

• Stringent regulations present in the market regarding the pollution levels of vehicles and standardization for the emissions from the vehicle are expected to restrain the market growth

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Segmentation:

By Vehicle Type

o Sedans & Hatchbacks
o Sport Utility Vehicles (SUVs) & Crossovers
o Multi-Purpose Vehicles (MUVs) & Vans

By Geography

o North America

 US.
 Canada
 Mexico

o South America

 Brazil
 Argentina
 Rest of South America

o Europe

 Germany
 United Kingdom
 Italy
 France
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Switzerland
 Rest of Europe

o Asia-Pacific

 Japan
 China
 South Korea
 India
 Australia
 Singapore
 Thailand
 Malaysia
 Indonesia
 Philippines
 Rest of Asia Pacific

o Middle East & Africa

 South Africa
 Egypt
 Saudi Arabia
 United Arab Emirates
 Israel
 Rest of Middle East & Africa

Table of Contents

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

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