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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 | Nov 2014

Transmission overdrive: Renewed consumer spending and a shift toward green vehicles will drive growth

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
$102bn
Annual Growth 09-14
12.3%
Annual Growth 14-19
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Profit
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Employment
65,715
Businesses
200
Industry Analysis & Industry Trends

The Car and Automobile Manufacturing industry endured weak sales during the recession but has since recovered in the five years to 2014, 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 five years to 2019, the strengthening economic conditions and returning consumer confidence will continue to fuel the industry. 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 - Starting a New Business Chapter

With moderate concentration, a high level of capital requirements and rapid technological change, this industry is extremely difficult for new entrants to succeed in. Generally, manufacturing cars is a capital-intensive enterprise requiring sophisticated manufacturing facilities and robust supply chains. Production facilities use specialized equipment and substantial floor space. In addition, prospective automakers need proprietary or licensed vehicle designs and an experienced workforce. Vehicles are made from thousands of separate parts, so sufficient volumes of reliable supplies typically require long-term contracts with several parts supply firms.

New entrants must comply with strict regulatory standards for safety and environmental concerns... 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 operations, 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 and full-size sedansSports carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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