Passenger Cars Market Size, Share, and Trends 2024 to 2034

The global passenger cars market size accounted for USD 1,728.25 billion in 2024, grew to USD 1,825.37 billion in 2025, and is expected to be worth around USD 2,985.84 billion by 2034, poised to grow at a CAGR of 5.62% between 2024 and 2034.

  • Last Updated : November 2024
  • Report Code : 2661
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Passenger Cars Market 

5.1. COVID-19 Landscape: Passenger Cars Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Passenger Cars Market, By Fuel Type

8.1. Passenger Cars Market Revenue and Volume, by Fuel Type, 2024-2034

8.1.1. Petrol

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Diesel

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Hybrid

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Electric

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Passenger Cars Market, By Vehicle Type

9.1. Passenger Cars Market Revenue and Volume, by Vehicle Type, 2024-2034

9.1.1. Hatchback

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Sedan

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Compact-SUV

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. SUV

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Passenger Cars Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

Chapter 11. Company Profiles

11.1. General Motors

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Volkswagen

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Toyota

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Hyundai

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Ford

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Nissan

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Peugeot S.A.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Tesla

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Honda

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Mercedes

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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