Top 5 Emerging Countries Car Manufacturing Market Summary, Competitive Analysis and Forecast, 2017-2026
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The top 5 emerging countries comprise the key emerging economies in the world: Brazil, China, India, Mexico, and South Africa. These countries contributed $421.7 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 top 5 emerging countries in the 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 analysis of competitive pressures within the industry.
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Leading Nation in the Top 5 Emerging Countries within the Car Manufacturing Market in Terms of Revenue
Within the car manufacturing industry, China is the leading country among the top 5 emerging nations, followed by Mexico and India.
China
The Chinese car manufacturing industry has seen declines in both value and volume in recent years. The industry saw a return to growth in 2021, while car manufacturing output is expected to reach pre-pandemic levels in 2022.
South Africa
The South African car manufacturing industry has seen fluctuations between growth and decline in both value and volume terms in recent years. With economic activity gradually returning to normal since the second quarter of 2021, the automotive industry has shown signs of recovery.
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. 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.
India
The Indian car manufacturing industry has fluctuated between growth and decline in value and volume terms in recent years. 2021 saw a considerable recovery in the industry in both value and volume terms. The industry is set to follow a robust growth trajectory over the forecast period given that the macroeconomic environment will continue to improve.
Mexico
Before 2020, growth in the Mexican car manufacturing industry had been healthy in value terms. The production volumes in this industry have been more prone to fluctuations. However, the Mexican market is expected to grow due to factors such as favorable government policies.
Key Nation in the Top 5 Emerging Countries Car Manufacturing Market, by Revenue
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Key Companies in the Top 5 Emerging Countries Car Manufacturing Market
There are many companies in the top 5 emerging countries in car manufacturing such as Daimler AG, Stellantis NV, Renault SA, Toyota Motor Corporation, Volkswagen AG, General Motors Company, Zhejiang Geely Holding Group Co Ltd (ZGH), Suzuki Motor Corporation, Tata Motors Limited, Nissan Motor Co., Ltd., Bayerische Motoren Werke AG, and Hyundai Motor Company.
Daimler AG
Daimler AG (Daimler or ‘the company’) is engaged in the development and manufacturing of various automotive products such as passenger cars, trucks, vans, and buses. The company is headquartered in Stuttgart, Germany.
Stellantis NV
Stellantis NV (Stellantis), formerly Fiat Chrysler Automobiles NV, is an automotive company, formed because of merger with PSA Group. Stellantis is headquartered in Amsterdam, The Netherlands.
Renault SA
Renault SA (Renault or ‘the company’) is one of the leading European automobile manufacturers. The company is headquartered in Boulogne-Billancourt, Ile-de-France, France.
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.
Volkswagen AG
Volkswagen AG (Volkswagen or ‘the group’) is an automobile manufacturer and car manufacturer in Europe. The company is headquartered in Wolfsburg, Germany.
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, the US.
Top 5 Emerging Countries in the Car Manufacturing Market Report Overview
Market Size 2021 | $421.7 billion |
CAGR % (2021-2026) | >5% |
Key Emerging Countries | Brazil, China, India, Mexico, and South Africa |
Key Companies | Audi, BMW, FCA, Ford, GM, Honda, Hyundai-Kia, Mazda, Mercedes Benz, and PSA |
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging five-car manufacturing Industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging five-car manufacturing Industry
- Leading company profiles reveal details of key car manufacturing Industry players’ emerging five operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the emerging five-car manufacturing Industry with five-year forecasts by both value and volume
- Compares data from Brazil, China, India, Mexico, and South Africa, alongside individual chapters on each country
Reasons to Buy
- Analysis of the size of top 5 emerging countries in the car manufacturing Industries by value in 2021
- Overview of the size of the emerging five-car manufacturing Industry in 2026
- Factors that affect the strength of competition in the emerging five-car manufacturing Industry
- Overview on the performance of the industry over the last five years
- information about the top competitors in the emerging five-car manufacturing Industry
Stellantis NV
Renault SA
Toyota Motor Corporation
Volkswagen AG
General Motors Company
Zhejiang Geely Holding Group Co Ltd
Suzuki Motor Corporation
Tata Motors Limited
Nissan Motor Co., Ltd.
Bayerische Motoren Werke AG
Hyundai Motor Company
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Frequently asked questions
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What are the top 5 emerging countries in the car manufacturing market?
Brazil, China, India, Mexico, and South Africa are the top five emerging countries in car manufacturing.
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What was the market size of the top 5 emerging countries in the car manufacturing market in 2021?
The market size of the top 5 emerging countries in the car manufacturing market was $421.7 billion in 2021.
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What is the growth rate of the top 5 emerging countries in the car manufacturing market?
The countries are expected to accelerate at a CAGR of more than 5% over 2021-26.
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What are the key companies in the top 5 emerging countries car manufacturing market?
There are many companies in the top 5 emerging countries of the car manufacturing market such as Daimler AG, Stellantis NV, Renault SA, Toyota Motor Corporation, Volkswagen AG, General Motors Company, Zhejiang Geely Holding Group Co Ltd (ZGH), Suzuki Motor Corporation, Tata Motors Limited, Nissan Motor Co., Ltd., Bayerische Motoren Werke AG, and Hyundai Motor Company.
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