The Business Research Company’s Motor Vehicles Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, July 13, 2021 /EINPresswire.com/ — According to the new market research report ‘Motor Vehicles Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the global motor vehicles market is expected to grow from $2115.8 billion in 2020 to $2308.1 billion in 2021 at a compound annual growth rate (CAGR) of 9.%.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 $3231.3 billion in 2025 at a CAGR of 9%. The motor vehicle market is aided by stable economic growth forecasted in many developed and developing countries.
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The motor vehicle market consists of sales of motor vehicles or motor vehicle chassis and related services by entities (organizations, sole traders and partnerships) that produce complete automobiles, light duty motor vehicles, and heavy duty trucks (i.. body and chassis or unibody) or produce motor vehicle chassis only.
Trends In The Global Motor Vehicles Market
Motor vehicle manufacturers, especially car manufacturers, 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.
Global Motor Vehicles Market Segments:
The global motor vehicles market is further segmented based on type, fuel type, engine capacity, propulsion type and geography.
By Type: Motorcycle And Bicycle, Passenger Car, Commercial Vehicle
By Fuel Type: Gasoline, Diesel, Others
By Engine Capacity: <1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc
By Propulsion Type: IC Engine, Electric Vehicle
Subsegments Covered: Motorcycles And Parts, Bicycles And Parts, Motor Scooters, Other Motorcycle And Bicycle, Hatchback, Sedan, Utility Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses And Coaches
By Geography: The global motor vehicles market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global motor vehicles market, accounting for 37% of the market in 2020.
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Motor Vehicles Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides motor vehicles global market overviews, analyzes and forecasts market size and growth for the global motor vehicles market, motor vehicles global market share, motor vehicles global market players, motor vehicles global market segments and geographies, motor vehicles global market’s leading competitors’ revenues, profiles and market shares. The motor vehicles global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Motor Vehicles Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Motor Vehicles Market Organizations Covered: Toyota Motor; Volkswagen Group; General Motors; Diamler AG; Ford Motor.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Motor Vehicles Global Market Report 2021:
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Motor Vehicle Electrical And Electronic Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030
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