Transport Manufacturing Market Global Briefing 2017

Transport Manufacturing Market Global Briefing 2017

  • May 2017 •
  • 31 pages •
  • Report ID: 4897311 •
  • Format: PDF
The transport manufacturing industry is one of the key segments of the global manufacturing industry. This industry is focused on manufacturing vehicles which are used for transportation. Production of various components of vehicles is also included in this industry.

Transport or transportation refers to the movement of people, animals or goods from one location to another. Companies in this industry manufacture transportation equipment, including motor vehicles and parts, aircraft and other aerospace products, ships and boats rolling, and railroad stock.

The largest geographic markets by consumption in the transport manufacturing market are Asia, the Americas, and Europe. Asia was the largest geographic market in the transport manufacturing market accounting for 40% of the global market in 2016. According to Society of Indian Automobile Manufacturers, cumulative production count of passenger vehicles, commercial vehicles and motorcycles was more than 23 million in 2014 – 15. Domestic sales accounted for about 85% of the production units during the same year.

Automobile manufacturers, especially car manufactures, are highly focused on commercialization of cars with active window displays. The active window displays will show all key driving information on the windshield. During the Consumer Electronics Show (CES) 2015, 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.

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