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

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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

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

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