Motor Vehicles Market Research : By Industry Trends, Size, Share, Demand And Forecast 2023-2032


Posted February 27, 2023 by poojatbrc

The global motor vehicles market grew from $2398.24 billion in 2022 to $2643.91 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%.
 
The Business Research Company’s Motor Vehicles Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Motor Vehicles Global Market Report 2023 evaluates motor vehicles market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.


Request A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=2129&type=smp

The global motor vehicles market grew from $2398.24 billion in 2022 to $2643.91 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motor vehicles market is expected to grow to $3818.12 billion in 2027 at a CAGR of 9.6%.

The motor vehicles market segments in the report are:

1) By Type: Motorcycle And Bicycle, Passenger Car, Commercial Vehicle

2) By Fuel Type: Gasoline, Diesel, Other Fuel Types

3) By Engine Capacity:
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Tags motor vehicles market , motor vehicles market size , motor vehicles market research
Last Updated February 27, 2023