The "Motor Vehicles Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global motor vehicles market as it emerges from the COVID-19 shut down.
The global motor vehicles market is expected to grow from $2115. 18 billion in 2020 to $2308. 01 billion in 2021 at a compound annual growth rate (CAGR) of 9. 1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3231. 03 billion in 2025 at a CAGR of 9%.
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Asia Pacific was the largest region in the global motor vehicles market, accounting for 37% of the market in 2020. North America was the second largest region accounting for 31% of the global motor vehicles market. Africa was the smallest region in the global motor vehicles market.
Motor vehicle manufacturers, especially car manufactures, are increasingly focusing on commercialization of cars with active window displays. The active window displays will show all key driving information on the windshield. It shows information such as navigation instructions, fuel levels information, vehicle speed and other information. Some car manufacturers are also offering technologies that can be fixed on the dashboard of a car. For instance, during the Consumer Electronics Show (CES) 2019, some of the car manufacturers such as Hyundai and Mercedes-Benz showcased their Augmented Reality cockpits prototypes which are very similar to the active windows display.
Economic Growth in Emerging Markets - The motor vehicle market is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3. 3% in 2020 and 3. 4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the motor vehicle market during forecast period.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Motor Vehicles Market Characteristics
4. Motor Vehicles Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Motor Vehicles Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Motor Vehicles Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Motor Vehicles Market Trends and Strategies
8. Impact of COVID-19 on Motor Vehicles
9. Motor Vehicles Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.3. Forecast Market Growth, Value ($ Billion)
10. Motor Vehicles Market Regional Analysis
10.1. Global Motor Vehicles Market, 2020, by Region, Value ($ Billion)
10.2. Global Motor Vehicles Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Motor Vehicles Market, Growth and Market Share Comparison, by Region
11. Motor Vehicles Market Segmentation
11.1. Global Motor Vehicles Market, Segmentation by Type
11.2. Global Motor Vehicles Market, Segmentation by Fuel Type
11.3. Global Motor Vehicles Market, Segmentation by Engine Capacity
11.4. Global Motor Vehicles Market, Segmentation by Propulsion Type
12. Motor Vehicles Market Segments
12.1. Global Motorcycle and Bicycle Market, Segmentation by Type
12.2. Global Passenger Car Market, Segmentation by Type
12.3. Global Commercial Vehicle Market, Segmentation by Type
13. Motor Vehicles Market Metrics
13.1. Motor Vehicles Market Size, Percentage of GDP, 2015-2025, Global
13.2. Per Capita Average Motor Vehicles Market Expenditure, 2015-2025, Global
For more information about this report visit https://www.researchandmarkets.com/r/9an1tt
View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005537/en/
Laura Wood, Senior Press Manager
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