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Car & Automobile Manufacturing in the US: Market Research Report

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

Car & Automobile Manufacturing Market Research Report | NAICS 33611a | Mar 2016

Smooth ride: Renewed consumer spending and a shift toward green vehicles will boost sales

The Car & Automobile Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$127bn
Annual Growth 11-16
6.8%
Annual Growth 16-21
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Profit
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Employment
71,471
Businesses
159
Industry Analysis & Industry Trends

The Car and Automobile Manufacturing industry endured weak sales during the recession but has since recovered during the current five years due to rising consumer confidence and low interest rates. In addition, more Americans returned to work and consumer sentiment began to recover, making customers more likely to purchase big-ticket items, such as new vehicles. Over the next five years, strengthening economic conditions and returning consumer confidence will continue to fuel the industry, albeit at a slower rate. Automakers will also seek growth potential in the hybrid and fuel-efficient car market as they focus on developing gas-electric hybrid vehicles to increase fuel efficiency and cut exhaust emissions... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Car and Automobile Manufacturing industry has moderate market share concentration, with the top four companies generally accounting for between 45.0% and 55.0% of industry output. Company market share can vary significantly within a fairly short time in this industry. IBISWorld expects the market share winners over the five years to 2021 will be the companies that can most effectively balance affordability, technological advancement (particularly with engines and entertainment) and attractive vehicle styling... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car & Automobile Manufacturing Industry?

Companies in this industry manufacture cars and automobile chassis. These operators, which are referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

Industry Products
Compact and subcompact carsMidsize sedansLarge carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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