SOURCE: MarketResearch.com

MarketResearch.com

August 01, 2011 09:08 ET

Automotive Manufacturing Industry to Reach 1.7 Trillion by 2015

ROCKVILLE, MD--(Marketwire - Aug 1, 2011) - MarketResearch.com has announced the addition of the new report "Automotive Manufacturing: Global Industry Guide," to their collection of Automotive market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6462501

The automotive manufacturing industry comprises of the production of trucks, passengers cars and motorcycles. The truck manufacturers market comprises of the production of light commercial vehicles (LCVs), heavy trucks, and buses & coaches. LCVs weigh up to 7 tons, heavy trucks weigh greater than 7 tons, and buses & coaches weigh greater than 7 tons. Sports utility vehicles and similar vehicles are not included.

T Passenger cars are defined as motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. Motorcycle manufacturers are producers of powered two-wheelers (PTWs) that are available to the public. All designs and engine capacities, including low-powered bikes referred to as mopeds, are included as well as on-road (street legal), racetrack only and off-road motorcycles.

The automotive manufacturing industry value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies. All currency conversions are at constant average annual 2010 exchange rates.

The global automotive manufacturing industry grew by 21% in 2010 to reach a value of $1,184.6 billion. In 2015, the global automotive manufacturing industry is forecast to have a value of $1,653.7 billion, an increase of 39.6% since 2010. The global automotive manufacturing industry grew by 15.3% in 2010 to reach a volume of 126.2 million units.

In 2015, the global automotive manufacturing industry is forecast to have a volume of 168.2 million units, an increase of 33.3% since 2010. Car is the largest segment of the global automotive manufacturing industry, accounting for 61.5% of the industry's total value. Asia-Pacific accounts for 42.7% of the global automotive manufacturing industry value.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6462501

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