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Global Passenger Car Market Size, Status, Growth| Industry Analysis Report 2023-2032

Global Passenger Car Market Size, Status, Growth| Industry Analysis Report 2023-2032

The Business Research Company’s Passenger Car Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Passenger Car Global Market Report 2023 evaluates passenger car market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global passenger car market grew from $1506.73 billion in 2022 to $1657.79 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The passenger car market is expected to grow to $2372.13 billion in 2027 at a CAGR of 9.4%.

The passenger car market segments in the report are:

1) By Type: Hatchback, Sedan, Utility Vehicle     

2) By Fuel Type: Gasoline, Diesel, Other Fuel Types     

3) By Engine Capacity: <1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc       

4) By Propulsion Type: IC Engine, Electric Vehicle

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The table of contents in TBRC’s passenger car market report includes:

1. Executive Summary

2. Report Structure

3. Passenger Car Market Characteristics

4. Passenger Car Market Product Analysis

5. Passenger Car Market Supply Chain.



21. Key Mergers And Acquisitions In The Passenger Car Market

22. Market Background: Motor Vehicles Market

23. Recommendations

24. Appendix

25. Copyright And Disclaimer

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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