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Passenger Car Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Passenger Car Manufacturing Market Research Report | Jan 2014

IBISWorld’s Passenger Car Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$455bn
Annual Growth 08-13
23.8%
Annual Growth 13-18
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Profit
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Employment
944,957
Businesses
53
Industry Analysis & Industry Trends

The Passenger Car Manufacturing industry in China has been experiencing rapid growth in recent years, driven by increasing demand for passenger cars in both domestic and foreign markets. Revenue for the industry was expected to reach $454.6 billion in 2013, up 15.2% from 2012, and growing at an annualized rate of 23.8% over the past five years.

With rising income levels in China, improving road conditions, and competitive prices, passenger cars are becoming more affordable for Chinese residents. A series of favorable government policies have also stimulated passenger vehicle purchases in rural and urban China. Lastly, increasing numbers of domestic passenger car manufacturers have been expanding into foreign markets, driving export demand.... purchase to read more

Industry Report - Industry Products Chapter

Before 2005, the adopted automobile classification system divided automobile vehicles into three categories: freight vehicles, passenger motor vehicles and buses. After the new automobile classification system was adopted in 2005, automobile vehicles were divided into two large categories: passenger vehicles and commercial vehicles... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Passenger Car Manufacturing Industry?

The Passenger Car Manufacturing industry in China is mainly engaged in manufacturing complete automobiles for use in transporting passengers. The major products manufactured in this industry include basic passenger cars, multipurpose vehicles (MPVs), sport utility vehicles (SUVs), and mini buses.

Industry Products
MPVsSUVsBasic vehiclesMini buses
 
Industry Activities
basic passenger carsMPVsSUVsmini buses


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