Market Insights Mobility Passenger Cars

Volvo (Passenger Cars) - China

  • China
  • In 2024, the projected revenue for None is expected to reach US$8bn.
  • Looking ahead, the market volume is projected to grow at an annual growth rate of 1.15% from 2024 to 2028, resulting in a projected market volume of US$8bn by 2028.
  • By 2028, None unit sales are expected to reach 157.3k vehicles.
  • The volume weighted average price of None in 2024 is expected to be US$53k.
  • From an international perspective, it is evident that the highest revenue will be generated China, with US$8bn in 2024.
  • The market segment Volvo is also prominent China.
  • China's growing middle class is driving the demand for luxury cars, making it a lucrative market for Volvo.

Key regions: Germany, China, Worldwide, Norway, Europe

 
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Overview

  • Unit Sales
  • Technical Specifications
  • Revenue
  • Price
  • User Demographics
  • Global Comparison
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