The global passenger cars market is expected to grow at a CAGR of around 5.9% during 2023-2030. This report on global passenger cars market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global passenger cars market by segmenting the market based on type, fuel type, engine capacity, propulsion type, and region. Also, detailed profiles of companies operating in the passenger cars market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Disposable Income
• Growing Adoption of Advanced Driver Assistance Systems
Market Challenges
• Fluctuating Raw Material Price
• Increase in the Price of Passenger Cars to Customer
Historical & Forecast Period
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Type
• Hatchback
• Sedan
• Utility Vehicle
Market by Fuel Type
• Gasoline
• Diesel
• Others
Market by Engine Capacity
• < 1000 cc
• < 1000-1500 cc
• < 1500-2000 cc
• >2000 cc
Market by Propulsion Type
• IC Engine
• Electric Vehicle
Market by Region
• Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
• North America
- United States
- Canada
• Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
• Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
• Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
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