Philippines: manufacture of motor vehicles & trailers revenue 2029

The value added in the 'Motor Vehicles & Trailers' segment of the manufacturing market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 0.2 billion U.S. dollars (+16.95 percent). After the sixth consecutive increasing year, the value added is estimated to reach 1.41 billion U.S. dollars and therefore a new peak in 2029.

Find more key insights for the value added in countries and regions like the value added in the 'Pulp & Paper' segment of the manufacturing market in Canada and the output in the 'Chemicals' segment of the manufacturing market in Latin America.

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Market revenue of motor vehicles & trailers manufacturing in the Philippines from 2021 to 2029 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
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Special properties

All figures are estimates.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

This market pertains to the production of motor vehicles for transporting passengers or freight, manufacturing of various parts and accessories, as well as the manufacture of trailers and semi-trailers.

Additional information:

The market comprises value added, output, number of enterprises, number of employees, and the respective growth rates. Output refers to the total value of all goods produced, whereas value added is the sum of the intermediate stages of production or, in other words, the wealth created by industry activity. The market only displays B2B production.

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