Automotive Aftermarket size valued at USD 923.1 billion in 2018 and will grow at a CAGR of 5.5% from 2019 to 2026. The global automotive electronics market size was USD 91.06 billion in 2018 and is projected to reach USD 144.19 billion by 2026, exhibiting a CAGR of 6.1% during the forecast period. The global automotive battery market size was valued at USD 48.71 billion in 2016. The market is expected to witness significant growth over the coming years owing to rapid expansion in the automotive industry in emerging economies such as Mexico, Vietnam, Indonesia, India, and Thailand. Industry Outlook. Electric vehicle market estimated to reach $802.81 billion, 22.6% CAGR during 2019-2027, Battery electric vehicle type to grow at 29.1% CAGR. Automotive seat market share projected to reach $101,397.20 million by 2025, from $71,651.20 million in 2017, registering a CAGR of 4.3% from 2018 to 2025. Here’s another animated “bar chart race” visualization showing annual market shares for US vehicle sales from 1961 to 2018. The automobile industry in India is on the move, and the country could grow into the world’s third-largest passenger-vehicle market. Notice the following: 1.
Market Size Statistics for Global Car & Automobile Sales.
Vehicle sales will outpace the impact of shared mobility primarily because of strong expected growth in Asia and the high replacement frequency of shared vehicles due to their high utilization. Market Share by Manufacturer is the percentage of industry sales for the months indicated for each manufacturer displayed. Industry Trends. IBISWorld industry market research reports enable you to: Find out about key industry trends; Identify threats and opportunities; Inform your decisions for marketing, strategy and planning; Quickly build competitive intelligence; This report on : Provides Market Size information to assist with planning and strategic decisions.
Research also suggests that shared mobility will only partially replace car ownership. Here's what traditional automotive players need … Loading... COVID‑19 Alert: Stay home if you feel unwell. Data Center - Market Share by Manufacturer.