The number of vehicle sales by make is forecast to experience significant growth in all segments in 2029. Particularly striking is the exceptionally strong increase of the segment SUVs towards the end of the forecast period. The value amounting to 1.2 million vehicles stands out significantly from the average changes, which are estimated at 351.74 thousand vehicles.
Data provided by Statista Market Insights are estimates.
The Mobility Market specifically covers newly sold passenger cars, including small, medium, executive, and luxury cars as well as SUVs, minivans, and sports cars. However, motorcycles, buses, trucks, large vans, and light utility vehicles are not included. The market's segmentation is based on several factors, including physical properties (weight, volume, wheelbase) and economic factors (pricing, status, etc.). All key figures shown represent the sales of new cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models. Importantly, our focus is solely on the market for newly sold cars, distinct from the broader category of registered cars.
The Passenger Cars market is divided into further markets for small cars, medium cars, executive cars, luxury cars, SUVs, minivans, and sports cars. Additionally, it delves into different car brands, offering a comprehensive view of the market.
Insights are centered on newly sold cars in standard configurations, excluding used vehicles and customizations. Reported statistics align with base vehicle configurations, ensuring a focused understanding of the dynamic passenger car market.
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Statista Market Insights. (October 3, 2024). Volume in the Passenger Cars market for different segments Worldwide from 2016 to 2029 (in thousand vehicles) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide
Statista Market Insights. "Volume in the Passenger Cars market for different segments Worldwide from 2016 to 2029 (in thousand vehicles)." Chart. October 3, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide
Statista Market Insights. (2024). Volume in the Passenger Cars market for different segments Worldwide from 2016 to 2029 (in thousand vehicles). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide
Statista Market Insights. "Volume in The Passenger Cars Market for Different Segments Worldwide from 2016 to 2029 (in Thousand Vehicles)." Statista, Statista Inc., 3 Oct 2024, https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide
Statista Market Insights, Volume in the Passenger Cars market for different segments Worldwide from 2016 to 2029 (in thousand vehicles) Statista, https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide (last visited November 22, 2024)
Volume in the Passenger Cars market for different segments Worldwide from 2016 to 2029 (in thousand vehicles) [Graph], Statista Market Insights, October 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1441503/volume-passenger-cars-market-for-different-segments-worldwide