BRIC Countries (Brazil, Russia, India, China) Car Manufacturing Market Summary, Competitive Analysis and Forecast, 2017-2026

Pages: 138 Published: June 10, 2022 Report Code: GDMLIG220010-03

The BRIC countries, which include Brazil, Russia, India, and China, contributed $401.5 billion to the global car manufacturing industry in 2021 and are expected to accelerate at a CAGR of more than 5% over the 2021-26 period. The BRIC countries (Brazil, Russia, India, and China) car manufacturing market research report provides top-line qualitative and quantitative summary information including market share, industry size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and an analysis of competitive pressures within the industry.

BRIC Countries (Brazil, Russia, India, China) Car Manufacturing Market Summary

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BRIC Countries Car Manufacturing Market Outlook

The BRIC countries include Brazil, Russia, India, and China. China led the BRIC car manufacturing industry in terms of revenue in 2021.

Brazil

The Brazilian car manufacturing industry has fluctuated between growth and decline in recent years, with the steepest decline being seen in 2020 amid the COVID-19 pandemic. 2021 saw a surge in the industry value, with manufacturing output also registering a healthy increase. The forecast period looks promising in both value and volume terms.

The Brazilian car manufacturing industry is expected to follow a strong growth trajectory over the forecast period. Pent-up demand is expected to drive growth, while the improving macroeconomic environment brought about by the end of the pandemic should support spending over the coming years. 

China

Growth in this industry has been hindered by environmental concerns in China. High pollution levels in the major urban cities have led the government to encourage consumers to revert to non-fossil fuel-burning substitutes such as bicycles. This return to bicycles has been boosted by the emergence of bike-sharing start-ups such as Ofo, Bluegogo, and Mobike, which now operate millions of bicycles across the country. On top of this, many of the younger consumers in the Chinese industry increasingly see bicycles as trendy, much like their counterparts do in Amsterdam or Copenhagen. 

India

The Indian car manufacturing industry has fluctuated between growth and decline in value and volume terms in recent years. The industry suffered a particularly steep decline in 2020 amid the COVID-19 pandemic. 2021 saw a considerable recovery in the industry in both value and volume terms. The industry is set to follow a strong growth trajectory over the forecast period given that the macroeconomic environment will continue to improve. 

Russia

The Russian car manufacturing industry had been growing at a good rate in value terms before 2020. However, the industry declined in both value and volume terms in 2020 amid the COVID-19 pandemic. While forecasts suggest the industry could follow a positive growth trajectory in the coming years, Russia’s invasion of Ukraine has the potential to significantly disrupt the industry.

BRIC Countries Car Manufacturing Market, by Regions

BRIC Countries Car Manufacturing Market, by Regions

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Key Companies in the BRIC Countries Car Manufacturing Market

There are many companies in the BRIC in car manufacturing such as Stellantis NV, Volkswagen AG, Renault SA, Toyota Motor Corporation, General Motors Company, Zhejiang Geely Holding Group Co Ltd, Suzuki Motor Corporation, Tata Motors Limited, and Hyundai Motor Company.

Stellantis NV                          

Stellantis NV (Stellantis), formerly Fiat Chrysler Automobiles NV, is an automotive company, formed because of a merger with PSA Group. Stellantis is headquartered in Amsterdam, Netherlands.

Volkswagen AG

Volkswagen AG (Volkswagen or ‘the group’) is an automobile manufacturer and car manufacturer in Europe. The company is headquartered in Wolfsburg, Germany. 

Toyota Motor Corporation

Toyota Motor Corporation (Toyota or the company) is a manufacturer and seller of motor vehicles. The company is headquartered in Toyota City, Aichi, Japan. 

General Motors Company

General Motors Company (GM or the company) is engaged in the design, development, production, and marketing of cars, trucks, and automobile parts. The company is headquartered in Detroit, Michigan, US.

Market Report Overview

Key Countries Brazil, Russia, India, and China
Market Size 2021 $401.5 billion
CAGR % (2021-2026) >5%
Key Companies Stellantis NV, Volkswagen AG, Renault SA, Toyota Motor Corporation, General Motors Company, Zhejiang Geely Holding Group Co Ltd, Suzuki Motor Corporation, Tata Motors Limited, and Hyundai Motor Company

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the BRIC car manufacturing industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the BRIC car manufacturing industry
  • Leading company profiles reveal details of key car manufacturing industry players’ BRIC operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the BRIC car manufacturing industry with five year forecasts by both value and volume
  • Compares data from Brazil, Russia, India, and China, alongside individual chapters on each country

Reasons to Buy

  • The size of the BRIC car manufacturing industry by value in 2021
  • The size of the BRIC car manufacturing industry in 2026
  • Factors are affecting the strength of competition in the BRIC car manufacturing industry
  • The industry performance over the last five years
  • The top competitors in the BRIC car manufacturing industry

Key Players

Stellantis NV
Volkswagen AG
Renault SA
Toyota Motor Corporation
General Motors Company
Zhejiang Geely Holding Group Co Ltd
Suzuki Motor Corporation
Tata Motors Limited
Hyundai Motor Company

Table of Contents

Table of Contents

1 Introduction

1.1. What is this report about?

1.2. Who is the target reader?

1.3. How to use this report

1.4. Definitions

2 BRIC Car Manufacturing

2.1. Industry Outlook

3 Car Manufacturing in Brazil

3.1. Market Overview

3.2. Market Data

3.3. Market Segmentation

3.4. Market outlook

3.5. Five forces analysis

4 Macroeconomic Indicators

4.1. Country data

5 Car Manufacturing in China

5.1. Market Overview

5.2. Market Data

5.3. Market Segmentation

5.4. Market outlook

5.5. Five forces analysis

6 Macroeconomic Indicators

6.1. Country data

7 Car Manufacturing in India

7.1. Market Overview

7.2. Market Data

7.3. Market Segmentation

7.4. Market outlook

7.5. Five forces analysis

8 Macroeconomic Indicators

8.1. Country data

9 Car Manufacturing in Russia

9.1. Market Overview

9.2. Market Data

9.3. Market Segmentation

9.4. Market outlook

9.5. Five forces analysis

10 Macroeconomic Indicators

10.1. Country data

11 Company Profiles

11.1. Stellantis NV

11.2. Volkswagen AG

11.3. Renault SA

11.4. Toyota Motor Corporation

11.5. General Motors Company

11.6. Zhejiang Geely Holding Group Co Ltd

11.7. Suzuki Motor Corporation

11.8. Tata Motors Limited

11.9. Hyundai Motor Company

12 Appendix

12.1. Methodology

12.2. About GlobalData

List of Tables

List of Tables

Table 1: BRIC car manufacturing industry, revenue($bn), 2017-26

Table 2: BRIC car manufacturing industry, revenue($bn), 2017-21

Table 3: BRIC car manufacturing industry, revenue($bn), 2021-26

Table 4: Brazil car manufacturing industry value: $ billion, 2017–21

Table 5: Brazil car manufacturing industry volume: thousand units, 2017–21

Table 6: Brazil car manufacturing industry geography segmentation: $ billion, 2021

Table 7: Brazil car manufacturing industry share: % share, by volume, 2021

Table 8: Brazil car manufacturing industry value forecast: $ billion, 2021–26

Table 9: Brazil car manufacturing industry volume forecast: thousand units, 2021–26

Table 10: Brazil size of population (million), 2017–21

Table 11: Brazil gdp (constant 2005 prices, $ billion), 2017–21

Table 12: Brazil gdp (current prices, $ billion), 2017–21

Table 13: Brazil inflation, 2017–21

Table 14: Brazil consumer price index (absolute), 2017–21

Table 15: Brazil exchange rate, 2017–21

Table 16: China car manufacturing industry value: $ billion, 2017–21

Table 17: China car manufacturing industry volume: thousand units, 2017–21

Table 18: China car manufacturing industry geography segmentation: $ billion, 2021

Table 19: China car manufacturing industry share: % share, by volume, 2021

Table 20: China car manufacturing industry value forecast: $ billion, 2021–26

Table 21: China car manufacturing industry volume forecast: thousand units, 2021–26

Table 22: China size of population (million), 2017–21

Table 23: China gdp (constant 2005 prices, $ billion), 2017–21

Table 24: China gdp (current prices, $ billion), 2017–21

Table 25: China inflation, 2017–21

Table 26: China consumer price index (absolute), 2017–21

Table 27: China exchange rate, 2017–21

Table 28: India car manufacturing industry value: $ billion, 2017–21

Table 29: India car manufacturing industry volume: thousand units, 2017–21

Table 30: India car manufacturing industry geography segmentation: $ billion, 2021

Table 31: India car manufacturing industry share: % share, by volume, 2021

Table 32: India car manufacturing industry value forecast: $ billion, 2021–26

Table 33: India car manufacturing industry volume forecast: thousand units, 2021–26

Table 34: India size of population (million), 2017–21

Table 35: India gdp (constant 2005 prices, $ billion), 2017–21

Table 36: India gdp (current prices, $ billion), 2017–21

Table 37: India inflation, 2017–21

Table 38: India consumer price index (absolute), 2017–21

Table 39: India exchange rate, 2017–21

Table 40: Russia car manufacturing industry value: $ billion, 2017–21

Table 41: Russia car manufacturing industry volume: thousand units, 2017–21

Table 42: Russia car manufacturing industry geography segmentation: $ billion, 2021

Table 43: Russia car manufacturing industry share: % share, by volume, 2021

Table 44: Russia car manufacturing industry value forecast: $ billion, 2021–26

Table 45: Russia car manufacturing industry volume forecast: thousand units, 2021–26

Table 46: Russia size of population (million), 2017–21

Table 47: Russia gdp (constant 2005 prices, $ billion), 2017–21

Table 48: Russia gdp (current prices, $ billion), 2017–21

Table 49: Russia inflation, 2017–21

Table 50: Russia consumer price index (absolute), 2017–21

Table 51: Russia exchange rate, 2017–21

Table 52: Stellantis NV: key facts

Table 53: Stellantis NV: Annual Financial Ratios

Table 54: Stellantis NV: Key Employees

Table 55: Stellantis NV: Key Employees Continued

Table 56: Stellantis NV: Key Employees Continued

Table 57: Volkswagen AG: key facts

Table 58: Volkswagen AG: Annual Financial Ratios

Table 59: Volkswagen AG: Key Employees

Table 60: Volkswagen AG: Key Employees Continued

Table 61: Volkswagen AG: Key Employees Continued

Table 62: Renault SA: key facts

Table 63: Renault SA: Annual Financial Ratios

Table 64: Renault SA: Key Employees

Table 65: Renault SA: Key Employees Continued

Table 66: Renault SA: Key Employees Continued

Table 67: Renault SA: Key Employees Continued

Table 68: Toyota Motor Corporation: key facts

Table 69: Toyota Motor Corporation: Annual Financial Ratios

Table 70: Toyota Motor Corporation: Key Employees

Table 71: Toyota Motor Corporation: Key Employees Continued

Table 72: Toyota Motor Corporation: Key Employees Continued

Table 73: General Motors Company: key facts

Table 74: General Motors Company: Annual Financial Ratios

Table 75: General Motors Company: Key Employees

Table 76: General Motors Company: Key Employees Continued

Table 77: General Motors Company: Key Employees Continued

Table 78: Zhejiang Geely Holding Group Co Ltd: key facts

Table 79: Zhejiang Geely Holding Group Co Ltd: Key Employees

Table 80: Suzuki Motor Corporation: key facts

Table 81: Suzuki Motor Corporation: Annual Financial Ratios

Table 82: Suzuki Motor Corporation: Key Employees

Table 83: Suzuki Motor Corporation: Key Employees Continued

Table 84: Tata Motors Limited: key facts

Table 85: Tata Motors Limited: Annual Financial Ratios

Table 86: Tata Motors Limited: Key Employees

Table 87: Hyundai Motor Company: key facts

Table 88: Hyundai Motor Company: Annual Financial Ratios

Table 89: Hyundai Motor Company: Key Employees

List of Figures

List of Figures

Figure 1: BRIC car manufacturing industry, revenue($bn), 2017-26

Figure 2: BRIC car manufacturing industry, revenue($bn), 2017-21

Figure 3: BRIC car manufacturing industry, revenue($bn), 2021-26

Figure 4: Brazil car manufacturing industry value: $ billion, 2017–21

Figure 5: Brazil car manufacturing industry volume: thousand units, 2017–21

Figure 6: Brazil car manufacturing industry geography segmentation: % share, by value, 2021

Figure 7: Brazil car manufacturing industry share: % share, by volume, 2021

Figure 8: Brazil car manufacturing industry value forecast: $ billion, 2021–26

Figure 9: Brazil car manufacturing industry volume forecast: thousand units, 2021–26

Figure 10: Forces driving competition in the car manufacturing industry in Brazil, 2021

Figure 11: Drivers of buyer power in the car manufacturing industry in Brazil, 2021

Figure 12: Drivers of supplier power in the car manufacturing industry in Brazil, 2021

Figure 13: Factors influencing the likelihood of new entrants in the car manufacturing industry in Brazil, 2021

Figure 14: Factors influencing the threat of substitutes in the car manufacturing industry in Brazil, 2021

Figure 15: Drivers of degree of rivalry in the car manufacturing industry in Brazil, 2021

Figure 16: China car manufacturing industry value: $ billion, 2017–21

Figure 17: China car manufacturing industry volume: thousand units, 2017–21

Figure 18: China car manufacturing industry geography segmentation: % share, by value, 2021

Figure 19: China car manufacturing industry share: % share, by volume, 2021

Figure 20: China car manufacturing industry value forecast: $ billion, 2021–26

Figure 21: China car manufacturing industry volume forecast: thousand units, 2021–26

Figure 22: Forces driving competition in the car manufacturing industry in China, 2021

Figure 23: Drivers of buyer power in the car manufacturing industry in China, 2021

Figure 24: Drivers of supplier power in the car manufacturing industry in China, 2021

Figure 25: Factors influencing the likelihood of new entrants in the car manufacturing industry in China, 2021

Figure 26: Factors influencing the threat of substitutes in the car manufacturing industry in China, 2021

Figure 27: Drivers of degree of rivalry in the car manufacturing industry in China, 2021

Figure 28: India car manufacturing industry value: $ billion, 2017–21

Figure 29: India car manufacturing industry volume: thousand units, 2017–21

Figure 30: India car manufacturing industry geography segmentation: % share, by value, 2021

Figure 31: India car manufacturing industry share: % share, by volume, 2021

Figure 32: India car manufacturing industry value forecast: $ billion, 2021–26

Figure 33: India car manufacturing industry volume forecast: thousand units, 2021–26

Figure 34: Forces driving competition in the car manufacturing industry in India, 2021

Figure 35: Drivers of buyer power in the car manufacturing industry in India, 2021

Figure 36: Drivers of supplier power in the car manufacturing industry in India, 2021

Figure 37: Factors influencing the likelihood of new entrants in the car manufacturing industry in India, 2021

Figure 38: Factors influencing the threat of substitutes in the car manufacturing industry in India, 2021

Figure 39: Drivers of degree of rivalry in the car manufacturing industry in India, 2021

Figure 40: Russia car manufacturing industry value: $ billion, 2017–21

Figure 41: Russia car manufacturing industry volume: thousand units, 2017–21

Figure 42: Russia car manufacturing industry geography segmentation: % share, by value, 2021

Figure 43: Russia car manufacturing industry share: % share, by volume, 2021

Figure 44: Russia car manufacturing industry value forecast: $ billion, 2021–26

Figure 45: Russia car manufacturing industry volume forecast: thousand units, 2021–26

Figure 46: Forces driving competition in the car manufacturing industry in Russia, 2021

Figure 47: Drivers of buyer power in the car manufacturing industry in Russia, 2021

Figure 48: Drivers of supplier power in the car manufacturing industry in Russia, 2021

Figure 49: Factors influencing the likelihood of new entrants in the car manufacturing industry in Russia, 2021

Figure 50: Factors influencing the threat of substitutes in the car manufacturing industry in Russia, 2021

Figure 51: Drivers of degree of rivalry in the car manufacturing industry in Russia, 2021

Frequently Asked Questions

The BRIC countries are Brazil, Russia, India, and China.

The market size of the BRIC countries car manufacturing market was $401.5 billion in 2021.

The BRIC countries car manufacturing is expected to accelerate at a CAGR of more than 5% over 2021-26.

There are many companies in the BRIC manufacturing market such as Stellantis NV, Volkswagen AG, Renault SA, Toyota Motor Corporation, General Motors Company, Zhejiang Geely Holding Group Co Ltd, Suzuki Motor Corporation, Tata Motors Limited, and Hyundai Motor Company.

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