Learn about the global motor vehicles market through The Business Research Company, which provides information on motor vehicles market size, motor vehicles market drivers and restraints, motor vehicles market players, the COVID-19 impact on the motor vehicles market, and more. 

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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 motor vehicle 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.

Global Motor Vehicles Market Segments Include:

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

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global motor vehicles market, accounting for 37% of the market in 2020.
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.

TBRC’s motor vehicles market report covers:

Major Market Players: 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.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Motor Vehicles Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides motor vehicles market overviews, analyses and forecasts market size, share, motor vehicles market players, motor vehicles market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s motor vehicles market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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