DUBLIN--(BUSINESS WIRE)--The "United States Automotive Market, Size, Share, Outlook and Growth Opportunities 2020-2026" report has been added to ResearchAndMarkets.com's offering.
Amid strong demand for automotive vehicles, several domestic and foreign OEM manufacturers are planning to expand their production bases in the United States. The government of the United States also prioritizes the automotive segment as a key revenue generator and is encouraging the flow of FDIs in the automotive industry.
The United States is one of the most promising and fastest-growing automobile markets in the region. United States automobile industry is supported by multiple factors such as labor availability, R&D efforts, geographic advantage, and government support. With a positive outlook for the economy and greater household purchasing power, automobile sales in the country are set to witness a strong surge in sales to 2026.
New players continue to foray into the market, in particular in low price vehicle segments with the number of sales increasing at robust growth rates. Passenger cars and light commercial vehicles are also witnessing a steady increase in demand.
Cost-effective models tend to witness strong success as the majority of car buyers segment includes the middle class. Further, strong customer support and availability of cheap spare parts gain high priority for purchases in cars segment
The United States Automotive Market research identifies that the competition continues to intensify year-on-year with the introduction of new models and brand availability. This report covers the 2019 scenario and growth prospects of the United States Automotive market for 2016-2026. To calculate the market size, revenue from the market sales of Passenger cars, light commercial vehicles, and heavy commercial vehicles are considered.
The global Automotive market is poised to register strong growth with light vehicle sales increased from around 95 million to over 106 million between 2019 and 2025. The ongoing trend towards modernization of Automotives such as electric and hybrid cars, growth from emerging economies- compensating decline from mature markets, the focus is on the user, increasing penetration of autonomous vehicles, and others are supporting countries worldwide to strengthen their Automotive markets. However, increased risk of new disruptive business models, falling margins and rising investment., long-term market volatilities, vehicle retreats from globalization pose significant challenges to growth.
Key Topics Covered:
1.1 Market Scope and Definition
1.2 Study Assumptions
1.3 Research Methodology
2. Global Automotive Market size Outlook and Opportunities to 2026
2.1 Global Automotive Market Outlook, $ Billion, 2019-2026
2.2 Global Passenger Cars Market Outlook, $ Billion, 2019-2026
2.3 Global Light Commercial Vehicles Market Outlook, $ Billion, 2019-2026
2.4 Global Heavy Commercial Vehicles Market Outlook, $ Billion, 2019-2026
2.5 Global Automotive Market Outlook by Region, $ Billion, 2019-2026
3. United States Automotive Market Insights
3.1 Industry Overview, 2019
3.2 United States Total Automotive Market Value Outlook, 2019-2026
3.3 United States Automotive Market Trends and Insights
3.4 Key strategies Planned by Market Leaders
3.5 SWOT Analysis
3.5.1 Key Strengths
3.5.2 Key Weaknesses
3.5.3 Potential Opportunities
3.5.4 Potential Threats
4. United States Automotive Production Outlook to 2026
4.1 United States Passenger Cars Production Outlook, 2010-2026
4.2 United States Commercial Vehicles Production Outlook, 2010-2026
5. United States Automotive Demand Outlook to 2026
5.1 United States Passenger Cars Demand Outlook, Tonnes, 2010-2026
5.2 United States Commercial Vehicles Demand Outlook, Tonnes, 2010-2026
6. United States Automotive Industry Benchmarking
6.1 Overall Ranking
6.2 Demand Index
6.3 Supply Index
6.4 Growth Index
7. SWOT Profiles of Automotive Companies in United States
8. United States Demographic and Macroeconomic Outlook to 2026
8.1 United States GDP (Gross Domestic Product, Current Prices) Outlook, 2006-2026
8.2 United States Disposable Income Outlook, 2006-2026
8.3 United States Population Growth Outlook, 2006-2026
8.4 Population Outlook by Age, 2006-2026
8.4.1 Population Outlook by Gender, 2006-2026
8.4.2 Population Outlook by Area, 2006-2026
9. Latest Automotive Industry Trends and Developments
For more information about this report visit https://www.researchandmarkets.com/r/6xvbti