Global Motor Vehicles Manufacturing Market Is Valued At Around $3 Trillion in 2017 According To TBRC’s Latest Report

13/lug/2018 08:02:43 tbrc Contatta l'autore

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Motor vehicles manufacturing market motorcycles, bicycles, automobiles, light trucks and heavy-duty trucks.

Read More: https://www.thebusinessresearchcompany.com/report/motor-vehicles-manufacturing-market-global-briefing-2018 

The global motor vehicles manufacturing market is valued at around $ 3 Trillion in 2017. This is a period of two positive economic growth outlooks in both developed and developed economies, expected to increase in demand for hybrid and electric vehicles spurred by technological developments, innovation and changing environmental regulations.

Asia Pacific was the largest region in the motor vehicles market in 2017, accounting for more than one-third of the market share.

The motor vehicles manufacturing market in The Business Research Company The report is segmented into commercial vehicles, passenger cars, and motorcycle & bicycle. While the first two accounts for almost 95% of the market share, the remaining is attributed to the motorcycle & bicycle segment.

Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=575&type=smp 

China was the largest country in the motor vehicles market in 2017, accounting for more than one-fifth of the market share. This was the result of the growing demand for personal mobility and government subsidies on smaller engine vehicles. China was followed by the USA and Germany.

Toyota Motor Corporation (Toyota) was the largest company in the motor vehicles market in 2017, followed by Volkswagen AG and General Motor Company. Toyota is a multinational automotive manufacturer, headquartered in Aichi, Japan.

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