G8 Countries Car Manufacturing Market Summary, Competitive Analysis and Forecast to 2026
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The G8 countries contributed $407.3 billion in 2021 to the global car manufacturing industry, and it is expected to grow at a CAGR of more than 8% between 2021 and 2026. The G8 countries car manufacturing market research report provides qualitative and quantitative information including market size and forecast of the car manufacturing industry among the G8 nations. The profile also contains descriptions of the leading players including key financial metrics and an analysis of competitive pressures within the market.
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Key Nations in the G8 Countries Car Manufacturing Market
The Group of Eight (G8) comprises eight of the fastest growing industrial nations in the world: the US, Canada, Germany, France, the UK, Italy, Russia, and Japan. Among the G8 countries, the US is the leading country in the car manufacturing industry, followed by Japan and Germany.
The US: Temporary shutdowns in the US car manufacturing plants amid labor shortages and severe disruption in the supply chain, including a shortage of semiconductors which persisted throughout the COVID-19 pandemic, led to a steep decline in production.
Canada: Canada is a net exporter of cars, with Stellantis, Honda, and Ford among the largest manufactures operating locally. In terms of value, the majority of cars manufactured in Canada are exported to the US.
Germany: Despite the declines seen in the German car manufacturing industry, which is the largest in Europe industry in recent years, the hybrid and electric cars segment has been a bright spot.
The G8 Countries Car Manufacturing Market, by key countries
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Key Companies in the G8 Countries Car Manufacturing Market
The key companies in the G8 countries car manufacturing market are Honda Motor Co., Ltd., Toyota Motor Corporation, Daimler AG, Volkswagen AG, Bayerische Motoren Werke AG, Stellantis NV, Ferrari SpA, Suzuki Motor Corporation and Mazda Motor Corporation among others.
Honda Motor Co., Ltd.: Honda is primarily involved in the development, production, and sales of a variety of automobiles, motorcycles, and power products. The company also provides a range of financial services to its customers and dealers. Honda operates through a global network subsidiaries and affiliates operating over the world. It primarily operates in North and South America, Asia, the Middle East and Europe.
Toyota Motor Corporation: Toyota designs, manufactures and sale of sedans, minivans, compact cars, sports utility vehicles, trucks and related parts and accessories throughout the world. It also provides financing, vehicle and equipment leasing, and certain other financial services primarily to its dealers and their customers to support the sales of vehicles and other products manufactured by Toyota.
Daimler AG: Daimler manufacturers, distributes and sells a range of cars, trucks, vans and buses. The company also offers a choice of tailored automotive services and automotive financial services, including financing, leasing, insurance, and fleet management.
Market Report Overview
|Market Size (2021)||$407.3 billion|
|Key Countries||The US, Canada, Germany, France, the UK, Italy, Russia and Japan|
|Key Companies||Honda Motor Co., Ltd., Toyota Motor Corporation, Daimler AG, Volkswagen AG, Bayerische Motoren Werke AG, Stellantis NV, Ferrari SpA, Suzuki Motor Corporation and Mazda Motor Corporation|
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the G8 car manufacturing Industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 car manufacturing Industry
- Leading company profiles reveal details of key car manufacturing Industry players’ G8 operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the G8 car manufacturing Industry with five year forecasts by both value and volume
- Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country
Reasons to Buy
- What was the size of the G8 car manufacturing Industry by value in 2021?
- What will be the size of the G8 car manufacturing Industry in 2026?
- What factors are affecting the strength of competition in the G8 car manufacturing Industry?
- How has the industry performed over the last five years?
- Who are the top competitors in the G8 car manufacturing Industry?
Ford Motor Company Limited
Toyota Motor Corporation
Bayerische Motoren Werke AG
Suzuki Motor Corporation
Mazda Motor Corporation
Hyundai Motor Company
Tata Motors Limited
Nissan Motor Co., Ltd.
Table of Contents
Table of Contents
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
2 Group of Eight (G8) Car Manufacturing
2.1. Industry Outlook
3 Car Manufacturing in Canada
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 France
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 Germany
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 Italy
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 Car Manufacturing in Japan
11.1. Market Overview
11.2. Market Data
11.3. Market Segmentation
11.4. Market outlook
11.5. Five forces analysis
12 Macroeconomic Indicators
12.1. Country data
13 Car Manufacturing in Russia
13.1. Market Overview
13.2. Market Data
13.3. Market Segmentation
13.4. Market outlook
13.5. Five forces analysis
14 Macroeconomic Indicators
14.1. Country data
15 Car Manufacturing in The United Kingdom
15.1. Market Overview
15.2. Market Data
15.3. Market Segmentation
15.4. Market outlook
15.5. Five forces analysis
16 Macroeconomic Indicators
16.1. Country data
17 Car Manufacturing in The United States
17.1. Market Overview
17.2. Market Data
17.3. Market Segmentation
17.4. Market outlook
17.5. Five forces analysis
18 Macroeconomic Indicators
18.1. Country data
19 Company Profiles
19.1. Honda Motor Co., Ltd.
19.2. Ford Motor Company Limited
19.3. Toyota Motor Corporation
19.4. Daimler AG
19.5. Volkswagen AG
19.6. Bayerische Motoren Werke AG
19.7. Stellantis NV
19.8. Ferrari SpA
19.9. Suzuki Motor Corporation
19.10. Mazda Motor Corporation
19.11. Renault SA
19.12. Hyundai Motor Company
19.13. Tata Motors Limited
19.14. Nissan Motor Co., Ltd.
19.15. Tesla, Inc.
20.2. About GlobalData
Frequently asked questions
What was the market size of the G8 countries car manufacturing industry in 2021?
The G8 countries car manufacturing market was valued at $407.3 billion in 2021.
What is the growth rate of the G8 countries car manufacturing market?
The G8 countries car manufacturing market is expected to grow at a CAGR of more than 8% during the forecast period.
Which are the countries listed in the G8 countries car manufacturing industry?
The G8 countries include the US, Canada, Germany, France, the UK, Italy, Russia, and Japan.
What are the key companies in the G8 countries car manufacturing market?
The key companies in the G8 countries car manufacturing market are Honda Motor Co., Ltd., Toyota Motor Corporation, Daimler AG, Volkswagen AG, Bayerische Motoren Werke AG, Stellantis NV, Ferrari SpA, Suzuki Motor Corporation and Mazda Motor Corporation.
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