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Global Car & Automobile Sales: Market Research Report

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

Global Car & Automobile Sales Market Research Report | Mar 2016

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Car & Automobile Sales global 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 focuses on industry performance in key regions around the world and identifies the leading companies globally.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$9tr
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment ('000)
13,126
Businesses
1,521,243
Industry Analysis & Industry Trends

Over the five years to 2016, rising per capita income is expected to drive revenue growth for the Global Car and Automobile Sales industry. The industry's dependency on employment rates, global consumer spending, financing rates and the world price of crude oil make it vulnerable to economic shifts. In the coming years, pent-up demand, improving per capita income and growing consumer sentiment are expected to drive automobile sales... read more

Industry SWOT Analysis

There are two distinct trends in the life cycle stage of the Global Car and Automobile Sales industry. In developed economies, the industry is in a mature stage. There is limited growth potential as the market is saturated. The population is aging and demand is mainly in the form of vehicle replacement, rather than additional vehicle sales.

However, the industry is growing in emerging economies, fueled by rising wealth, improved standards of living and increased access to proper road infrastructure. Industry development is also driven by population growth (particularly young adults) and in the expansion of the car-manufacturing sector. For example, in China, the domestic car manufacturing industry gives Chinese consumers access to cheaper vehicles suitable to Chinese budgets... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Car & Automobile Sales Industry?

This industry retails new and used motor vehicles mainly through dealerships, commission agents and car auctions. Products sold in this industry include: passenger cars, SUVs, light trucks, heavy trucks, buses, recreational vehicles and specialty vehicles (e.g. ambulances and fire trucks). Retail sales of motorcycles, mopeds and bicycles are not included in this industry.

Industry Products
CarsSports utility vehicles and pickup trucksHeavy trucksBusesRecreational vehiclesSpecialty vehicles
 
Industry Activities
Selling new cars and light trucksSelling heavy trucksSelling specialty vehiclesSelling busesSelling vans and other commercial vehiclesSelling recreational vehicles


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