Passenger vehicles are motor vehicles with at least four wheels, used to transport passengers and their luggage. They serve many benefits including mobility, safety over two-wheelers, convenience, and independence from sharing or public transport. These vehicles can be for personal or commercial use, such as ridesharing, fleet management, and others.
Technavio’s analysts forecast the global passenger vehicle market to grow at a CAGR of 2.68% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global passenger vehicle market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Passenger Vehicle Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Ford Motor Company • General Motors • Honda Motor • Hyundai Motor • Toyota Motor • Volkswagen
Market driver • Emerging crossover segment • For a full, detailed list, view our report
Market challenge • Increasing cost pressure on OEMs • For a full, detailed list, view our report
Market trend • Development of autonomous vehicles • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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