Motor Vehicles Market Size, Status, Demand, Growth and Overview Analysis 2020 | Toyota Motor, Volkswagen Group, General Motors, Diamler AG

The latest market report on Motor Vehicles Market 2019 offers an in-depth analysis of this business vertical involving key information concerning industry deliverables, predominantly market tendencies, market size, market share, present valuation, and profits estimations for the estimate period. The brief information regarding the industry also analyzes and elucidates the Motor Vehicles Market growth rate in the forecast timeline, incited by certain catalysts.

Motor Vehicles Market: Overview

Asia Pacific was the largest region in the motor vehicles market in 2017, accounting for 38% market share. The Asia Pacific region includes emerging markets such as China and India, and which have a large middle class and upper middle class population owing to strong economic growth over the last few years. Western Europe was the second largest region accounting for 25% market share. Africa was the smallest region accounting for 3% market share.

Many motor vehicle manufacturing companies are integrating pre-collision assist and pedestrian detection technology in their vehicles to offer advanced safety features to customers. These technologies help in detection of blind spots and also alerts the driver when they are losing focus while driving, this system can also apply auto brake if driver falls asleep and does not respond to the warning, and thus these technologies significantly improve driver and pedestrian safety. For instance, in 2015, Ford launched Mondeo brand with pre-collision assist and pedestrian technology. Hyundai, Honda, Chevrolet and Volvo have also launched vehicles with pre-collision assist and pedestrian technology.

Major players in the Motor Vehicles Market are Toyota Motor, Volkswagen Group, General Motors, Diamler AG, Ford Motor, and other.

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Industry News: 2020-06-24

GM Ranks as Top Automotive Corporation in J.D. Power’s 2020 Initial Quality Study

DETROIT – GM is the highest ranked automaker of 15 companies surveyed in the J.D. Power 2020 Initial Quality Study. The 2020 Chevrolet Sonic achieved the best score of any model in the study, and GM’s Yantai Dongyue North in China won the J.D. Power Platinum Award for plant quality as the highest ranked automotive manufacturing facility in the world.

Chevrolet ranked third overall among all brands and Cadillac finished third among all premium brands. Additionally, Cadillac earned the most segment awards among premium brands.

J.D. Power IQS measures components that fail and features that are difficult to use, hard to understand or don’t work the way owners want. This year’s study examines problems experienced by owners of new 2020 model-year vehicles during the first 90 days of ownership. Initial quality is determined by the number of problems experienced per 100 vehicles, with a lower score reflecting higher quality.

IQS and the plant quality awards, which provide manufacturers with information to identify problems and drive product improvement, were conducted from February through May 2020.

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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Transportation Manufacturing market, and compares it with other markets.

- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
- The motor vehicles market section of the report gives context. It compares the motor vehicles market with other segments of the Transportation Manufacturing market by size and growth, historic and forecast. It analyses Expenditure Per Capita, The Motor Vehicles Indicators Comparison.

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