Transportation Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Passenger Vehicles
Overview
Market size
$4.70T
global, USD
CAGR
6.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$6.35T
What changed
Demand by region
Asia-Pacific demand52%
North America demand21%
Europe demand17%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Raw Materials and Components45%
Manufacturing and Assembly Labor20%
Research, Development and Engineering15%
Logistics and Inbound Freight10%
Overhead, Energy and Factory Maintenance10%
share of delivered cost (analyst estimate)