Global Automotive OEMs Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Components;

Body - Doors, Windows and BIW (Body in White), Electrical & Electronics - Electrical Supply System, Gauges, Ignition System, Lighting, Switches and Cameras & Sensors, Interior - Floor and Car Seat, Power-Train & Chassis - Brake System, Engine, Exhaust System, Fuel Supply, Suspension & Steering and Transmission, Others - Tires, Wheels, A/C and Others.

By Vehicle Type;

Commercial Vehicles - Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV), Passenger Cars and EV - Plug-In Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV).

By Distribution Channel;

Original Equipment Manufacturer Retailers and Wholesalers & Distributors.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn219951564 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive OEMs Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive OEMs Market was valued at USD 35,297.34 million. The size of this market is expected to increase to USD 48,682.04 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The global automotive original equipment manufacturers (OEMs) market serves as the backbone of the automotive industry, encompassing a diverse array of companies responsible for designing, manufacturing, and selling vehicles worldwide. This sector is characterized by intense competition, technological innovation, and dynamic market trends that continually reshape the landscape. From established giants like Toyota, Volkswagen, and General Motors to up-and-coming players in emerging markets, OEMs drive the development and evolution of automotive technology, design, and consumer preferences.

In recent years, the automotive OEMs market has witnessed significant transformations driven by various factors, including shifting consumer preferences, regulatory changes, and advancements in electric and autonomous vehicle technologies. OEMs are increasingly focusing on sustainability and environmental concerns, leading to the development of electric and hybrid vehicles aimed at reducing carbon emissions and promoting eco-friendly transportation solutions. Moreover, the rise of connected car technologies and the Internet of Things (IoT) is reshaping the automotive landscape, with OEMs investing heavily in integrating smart features and connectivity into their vehicles.

The competitive dynamics within the global automotive OEMs market are also influenced by geopolitical factors, trade policies, and regional economic conditions. Emerging markets such as China and India have emerged as key battlegrounds for OEMs, offering immense growth potential fueled by rising incomes, urbanization, and expanding middle-class populations. However, these markets also present unique challenges related to regulatory frameworks, infrastructure development, and cultural preferences, requiring OEMs to adapt their strategies accordingly.

The automotive OEMs market is poised for further evolution as industry players navigate an increasingly complex landscape characterized by technological disruption, changing consumer behaviors, and global market dynamics. Collaborations, mergers, and strategic alliances are likely to become more prevalent as OEMs seek to leverage complementary strengths, mitigate risks, and capitalize on emerging opportunities in the pursuit of sustainable growth and competitiveness.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Components
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Automotive OEMs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Innovation
        2. Increasing Urbanization
        3. Environmental Regulations Compliance
        4. Growing Disposable Income
        5. Demand for Connected Vehicles
      2. Restraints
        1. Supply Chain Disruptions
        2. Economic Uncertainty
        3. Rising Raw Material Costs
        4. Trade Tariffs
        5. Shortage of Skilled Workforce
      3. Opportunities
        1. Electric Vehicle Adoption
        2. Emerging Markets Expansion
        3. Autonomous Vehicle Development
        4. Collaborations and Partnerships
        5. Digitalization of Automotive Industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive OEMs Market, By Components, 2020 - 2030 (USD Million)
      1. Body
        1. Doors
        2. Windows
        3. BIW (Body in White)
      2. Electrical & Electronics
        1. Electrical Supply System
        2. Gauges
        3. Ignition System
        4. Lighting
        5. Switches
        6. Cameras & Sensors
      3. Interior
        1. Floor
        2. Car Seat
      4. Power-Train & Chassis
        1. Brake System
        2. Engine
        3. Exhaust System
        4. Fuel Supply
        5. Suspension & Steering
        6. Transmission
      5. Others
        1. Tires
        2. Wheels
        3. A/C
        4. Others
    2. Global Automotive OEMs Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Commercial Vehicles
        1. Light Commercial Vehicles (LCV)
        2. Heavy Commercial Vehicles (HCV)
      2. Passenger Cars
      3. EV
        1. Plug-In Hybrid Electric Vehicle (PHEV)
        2. Battery Electric Vehicle (BEV)
        3. Hybrid Electric Vehicle (HEV)
    3. Global Automotive OEMs Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Original Equipment Manufacturer Retailers
      2. Wholesalers & Distributors
    4. Global Automotive OEMs Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Toyota Motor Corporation
      2. Volkswagen Group
      3. General Motors Company
      4. Ford Motor Company
      5. Honda Motor Co., Ltd
      6. Nissan Motor Corporation
      7. BMW Group
      8. Daimler AG
      9. Hyundai Motor Group
      10. Fiat Chrysler Automobiles
  7. Analyst Views
  8. Future Outlook of the Market