Summary
Automotive Manufacturing in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- The Filipino automotive manufacturing industry recorded revenues of $8.2 billion in 2024, representing a compound annual growth rate (CAGR) of 2.5% between 2019 and 2024.
- Industry production volume increased with a CAGR of 2.9% between 2019 and 2024, reaching a total of 1.5 million units in 2024.
- The Filipino automotive manufacturing industry’s production volume grew by 9.7% in 2024, which was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to GlobalData, the rental car fleet in the Philippines stood at 9,906 units in 2024, an increase of 9.1% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Philippines
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines automotive manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Philippines automotive manufacturing market by value in 2024?
- What will be the size of the Philippines automotive manufacturing market in 2029?
- What factors are affecting the strength of competition in the Philippines automotive manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Philippines's automotive manufacturing market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
8 Company Profiles
8.1. Honda Motor Co Ltd
8.2. Toyota Motor Corp
8.3. Mitsubishi Motors Corp
8.4. Ford Motor Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Philippines automotive manufacturing industry value: $ billion, 2019-24
Table 2: Philippines automotive manufacturing industry volume: million units, 2019-24
Table 3: Philippines automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: Philippines automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: Philippines automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: Philippines automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: Philippines automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: Honda Motor Co Ltd: Key Facts
Table 9: Honda Motor Co Ltd: Annual Financial Ratios
Table 10: Honda Motor Co Ltd: Key Employees
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Toyota Motor Corp: Key Employees Continued
Table 15: Mitsubishi Motors Corp: Key Facts
Table 16: Mitsubishi Motors Corp: Annual Financial Ratios
Table 17: Mitsubishi Motors Corp: Key Employees
Table 18: Mitsubishi Motors Corp: Key Employees Continued
Table 19: Ford Motor Co: Key Facts
Table 20: Ford Motor Co: Annual Financial Ratios
Table 21: Ford Motor Co: Key Employees
Table 22: Ford Motor Co: Key Employees Continued
Table 23: Ford Motor Co: Key Employees Continued
Table 24: Ford Motor Co: Key Employees Continued
Table 25: Philippines Size of Population (Million), 2020-24
Table 26: Philippines Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 27: Philippines GDP (Current Prices, $ Billion), 2020-24
Table 28: Philippines Inflation, 2020-24
Table 29: Philippines Consumer Price Index (Absolute), 2020-24
Table 30: Philippines Exchange Rate, 2019-24
List of Figures
Figure 1: Philippines automotive manufacturing industry value: $ billion, 2019-24
Figure 2: Philippines automotive manufacturing industry volume: million units, 2019-24
Figure 3: Philippines automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: Philippines automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Philippines automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Philippines automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in Philippines, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in Philippines, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in Philippines, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Philippines, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Philippines, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Philippines, 2024
