Motor Vehicles Market 2023: Global Growth, Trends And Forecast To 2032 | Volkswagen AG, Toyota Motor Corp, Daimler AG, Ford Motor Co, Honda Motor Co Ltd

The Motor Vehicles Global Market Report 2023, provides comprehensive information on the motor vehicles market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Motor Vehicles Global Market Report 2023, the global motor vehicles market grew from $2398.24 billion in 2022 to $2643.91 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motor vehicles market is expected to grow to $3818.12 billion in 2027 at a CAGR of 9.6%.

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The motor vehicles market is segmented:

1) By Type: Motorcycle And Bicycle, Passenger Car, Commercial Vehicle
2) By Fuel Type: Gasoline, Diesel, Other Fuel Types
3) By Engine Capacity: <1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc
4) By Propulsion Type: IC Engine, Electric Vehicle

Asia-Pacific was the largest region in the motor vehicles market in 2022

Top 5 Major Key Players Are:
Volkswagen AG
Toyota Motor Corp
Daimler AG
Ford Motor Co
Honda Motor Co Ltd.

Table Of Contents
1. Executive Summary
2. Report Structure
3. Motor Vehicles Market Characteristics
4. Motor Vehicles Market Product Analysis
5. Motor Vehicles Market Supply Chain
……..
22. Key Mergers And Acquisitions In The Motor Vehicles Market
23. Market Background: Transportation Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

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