What is the global automotive market?

The Global Automotive Market is a vibrant and multifaceted industry that encompasses the entire lifecycle of motor vehicles, playing a pivotal role in shaping economies, societies, and personal mobility.

Which country has the largest automotive market share in the world?

The United States is expected to hold significant market share in the region, followed by Canada and Mexico. The country is home to major automotive OEMS and is influenced positively by large supportive infrastructure and electric vehicle policies of the US government.

Which region holds a major share in the global automotive industry outlook?

“Asia and Middle East holds the major share in the global automotive industry outlook market.” Asia-Pacific and Middle East regions hold the major share in the sales volume of PV and CV combined. The major factor for this is the intensive manufacturing and export of cars in China.