Philippines: motor vehicles & trailers manufacturing revenue growth 2029

The indicator 'Value Added Change' in the 'Motor Vehicles & Trailers' segment of the manufacturing market in the Philippines was forecast to increase between 2024 and 2029 by in total 0.3 percentage points. This overall increase does not happen continuously, notably not in 2029. The indicator is estimated to amount to 3.52 percent in 2029.

The Statista Market Insights cover a broad range of additional markets.

Revenue growth of the motor vehicles and trailer manufacturing in the Philippines from 2021 to 2029

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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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