Automotive Industry Key Segments, Regional Revenue Status, Developments, Supply Chain Overview, Industry Growth and Future Outlook 2030

Automotive industry share is garnering much attention from various sectors, due to which it can expect a smooth run with a CAGR of 4.5% during the forecast period.

Automotive Industry Report overview 

The Automotive Industry growth is supported by various factors such as the availability of robust R&D centers, low-cost steel production, and cost-competitive labor forces. Market research future reviews various aspects of the industry as well as numerous evolutionary changes brought in for accessories, components, materials, and auxiliary parts.

The industry also offers great opportunities for investment and direct & indirect employment to skilled and unskilled labor. Post recovering from covid-19 effects, the global automobile industry is expected to record strong growth in the next few years. 

Market Growth Driving Factors

• Government initiative
• Developing commercial sectors globally
• Increased demand for high-performance motors

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Major market players include

• Toyota
• GM
• Volkswagen
• Hyundai Motors
• Ford
• Nissan
• Honda
• PSA
• Suzuki
• Renault
• Fiat
• Daimler AG
• Chrysler
• Chana Automobile
• Tata Motors

Drivers and risks 

Investments and government initiatives are the major driving forces defining the growing market landscape. Several automakers are heavily investing in various segments of the automotive industry. Emerging markets, especially india, is attracting foreign direct investment (fdi). According to the data released by the department for promotion of industry and internal trade (dpiit), india has attracted fdis worth us$ 25.85 bn between april 2000 and march 2020. 

As far as government initiatives are concerned, apart from favorable manufacturing policies, governments also encourage automation and electrification disruption. There are rapid upgrades in automotive technologies. 

New vehicles are expected to be battery-operated/ electric, and several new self-driving car models would be added to the world’s fleet. Besides, technological advancements in the automobile industry are also disrupting the supplier segment and offering new market growth opportunities. 

This would allow the auto supplier industry to offer electrical components flawlessly. However, automation and electrification are the biggest challenges in the automotive industry. As autonomous and electric vehicles take over, other related industries would boom, such as semiconductors, sensors, components, lighting, and technologies. 

Mrfr segments the reports by types and power output, displaying detailed region-wise analysis. The type segment is sub-segmented into ac and bdc. The motor type segment is sub-segmented into pmsm, dc brushless, and ac induction. The ev type segment is sub-segmented into bev, hev, and phev. The power output segment is sub-segmented into less than 200 kw, 200-400 kw, and above 400 kw. The vehicle type segment is sub-segmented into commercial vehicles and passenger cars. 

The report reviews and expounds a detailed analysis of the competitive landscape with new trends and manufacturing methods penetrating the auto space with context to key industry and market players. Thus, the report highlights several prominent market players, trends they set or follow to gain a considerable share, and their contributions to the market growth. 

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Research methodology

The research methodology of mrfr reviews alternative hypotheses and tries to present to readers with facts and figures. It provides a research hypothesis as an alternate way to explain the phenomenon of the market. The research hypothesis is based on observations that evoke brilliance. The researchers involved in the analysis have tested the hypothesis to disprove the null hypothesis to come closer to resolve a specific problem. 

The null hypothesis was used to determine instructions and orders, while the research hypothesis was used in determining whether there were variables. It changes according to different factors; some variables change easily, while other variables are almost constant. Hence researchers have sought to measure variables. In this research, the independent and dependent variables are used in experimental research to define a hypothesis.

1 Executive Summary

2 Market Introduction

2.1 Definition 18

2.2 Scope Of The Study 18

2.3 List Of Assumptions 19

2.4 Market Structure 19

2.5 Macro Factor Indicator Analyses 20

3 Research Methodology

3.1 Research Process 22

3.2 Primary Research 23

3.3 Secondary Research 24

3.4 Market Size Estimation 25

3.5 Forecast Model 25

4 Market Dynamics

4.1 Introduction 27

4.2 Drivers 28

4.2.1 Rise In New Vehicle Sales 28

4.2.2 Increasing Investment In Research And Development 28

4.2.3 Rapid Growth Of The Component Aftermarket 29

4.3 Drivers Impact Analysis 30

4.4 Restraints 30

4.4.1 High Costs Of Vehicle And Component Manufacturing 30

4.4.2 Increasing Complexities Within Vehicles 31

4.5 Restraint Impact Analysis 31

4.6 Opportunities 32

4.6.1 Increasing Sale Of Electric Vehicles 32

5 Market Factor Analysis

5.1 Value Chain Analysis 34

5.1.1 Inbound Logistics 34

5.1.2 Operations 35

5.1.3 Outbound Logistics 35

5.1.4 Marketing And Sales 35

5.1.5 Services 35

5.1.6 Support Activities 36

5.2 Porter’s Five Forces Analysis 36

5.2.1 Threat Of New Entrants 37

5.2.2 Bargaining Power Of Suppliers 37

5.2.3 Bargaining Power Of Buyers 37

5.2.4 Threat Of Substitutes 37

5.2.5 Rivalry 37

5.3 Technology Trends: Automotive Industry 38

5.3.1 Shared Mobility 38

5.3.2 Autonomous Driving 38

5.3.3 Electrification And Connected Cars 38

…Continued.

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About market research future –

At market research future (mrfr), we enable our customers to unravel the complexity of various industries through our cooked research report (crr), half-cooked research reports (hcrr), raw research reports (3r), continuous-feed research (cfr), and market research consulting edibles.

Mrfr team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, mrfr often plans to conduct meet with the industry experts and industrial visits for its research analyst members.

Tags: Automotive Industry Trends, Automotive Industry Outlook, Automotive Industry Revenue, Automotive Industry Regions, Automotive Industry Forecast See Campaign: https://www.marketresearchfuture.com/reports/automotive-industry-7683

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