Automotive Market in Europe Trending Factors, Segmentation, Scope and Regional Insights 2029

Automotive Market in Europe size is expected to reach USD 27.14 Bn. by 2029, at a CAGR of 8.9% during the forecast period.

Automotive Market in Europe Report Scope and Research Methodology

Report Scope:

This comprehensive report encompasses a profound analysis of the impact of the COVID-19 pandemic on the European automotive industry. It takes into account an array of factors, including travel bans, production shutdowns, and consumers' reduced spending power, which collectively spell challenges for the new vehicle market.

Research Methodology:

The report relies on rigorous research methods to present a holistic perspective on the industry. It delves into the market's drivers, restraints, and opportunities, providing insights into its dynamics.

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What are Automotive Market in Europe Dynamics?

Market Drivers:

The automotive industry plays a pivotal role in the European economy, offering direct and indirect employment to 13.8 million Europeans, representing 6.1% of total employment in Europe. Of these, 2.6 million work in the direct manufacturing of motor vehicles, accounting for 8.5% of manufacturing employment in the EU.

Europe is a global leader in motor vehicle production and a major private investor in R&D. The European Commission backs global technological harmonization to enhance the industry's attractiveness and maintain its technological leadership on the global stage.

As 80% of industry growth is expected to occur outside Europe, the region's efforts must concentrate on creating and enforcing trade and investment agreements, facilitating European firms' access to third markets and the advantages of economies of scale.

The Path to Sustainable Mobility:

Europe is on the trajectory towards achieving zero-net-impact emissions from passenger cars and commercial vehicles. Its commitment to sustainable mobility underscores its position as a global leader in this transition.
Diversity of Technology:

Europe is home to numerous global players in the automotive industry. Collaborative efforts among these tech giants provide a strong foundation for global success. Europe is also home to many leading hidden champions who focus on various technologies.

Automotive Market in Europe Segmentation?

by Type

• Passenger Vehicles
• Commercial Vehicles
• Three Wheelers
• Two Wheelers

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Who are Automotive Market in Europe Key Players?

• Honda
• Volkswagen
• Toyota
• Nissan
• Honda
• Mazda
• Mitsubishi
• Mercedes-Benz
• BMW
• Porsche
• Skoda
• Land Rover
• Audi Motors
• Autoliv
• Bosch
• Continental
• DAF Trucks
• Daimler
• Delphi
• Denso
• Deutsche Telekom
• Ericsson
• Eurofiber

Table of content for the Automotive Market in Europe includes:

Part 01: Executive Summary

Part 02: Scope of the Automotive Market in Europe Report

Part 03: Automotive Market in Europet Landscape

Part 04: Automotive Market in Europe Sizing

Part 05: Automotive Market in Europe Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The European automotive market is experiencing significant growth, with several countries contributing to the sector's prosperity. The region has diverse manufacturing environments, impacted by regional differences in manufacturing costs, supply chains, labor, raw materials, and more.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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