Summary
Automotive Manufacturing in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, 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 US automotive manufacturing industry recorded revenues of $824.6 billion in 2024, representing a compound annual growth rate (CAGR) of 1.8% between 2019 and 2024.
- Industry production volume increased with a CAGR of 0.5% between 2019 and 2024, reaching a total of 19.3 million units in 2024.
- The US automotive manufacturing industry’s production volume grew by 0.8% in 2024, which was 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 US stood at 2,667,915 units in 2024, an increase of 6.4% 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 the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in the United States
- 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 United States automotive manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the United States automotive manufacturing market by value in 2024?
- What will be the size of the United States automotive manufacturing market in 2029?
- What factors are affecting the strength of competition in the United States automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States'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 the leading players?
7.4. What are the recent developments in the industry?
8 Company Profiles
8.1. PACCAR Inc
8.2. Ford Motor Co
8.3. General Motors Co
8.4. Toyota Motor Corp
8.5. Stellantis NV
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: United States automotive manufacturing industry value: $ billion, 2019-24
Table 2: United States automotive manufacturing industry volume: million units, 2019-24
Table 3: United States automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: United States automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: United States automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: United States automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: United States automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: PACCAR Inc: Key Facts
Table 9: PACCAR Inc: Annual Financial Ratios
Table 10: PACCAR Inc: Key Employees
Table 11: Ford Motor Co: Key Facts
Table 12: Ford Motor Co: Annual Financial Ratios
Table 13: Ford Motor Co: Key Employees
Table 14: Ford Motor Co: Key Employees Continued
Table 15: Ford Motor Co: Key Employees Continued
Table 16: Ford Motor Co: Key Employees Continued
Table 17: General Motors Co: Key Facts
Table 18: General Motors Co: Annual Financial Ratios
Table 19: General Motors Co: Key Employees
Table 20: General Motors Co: Key Employees Continued
Table 21: Toyota Motor Corp: Key Facts
Table 22: Toyota Motor Corp: Annual Financial Ratios
Table 23: Toyota Motor Corp: Key Employees
Table 24: Toyota Motor Corp: Key Employees Continued
Table 25: Stellantis NV: Key Facts
Table 26: Stellantis NV: Annual Financial Ratios
Table 27: Stellantis NV: Key Employees
Table 28: Stellantis NV: Key Employees Continued
Table 29: United States Size of Population (Million), 2020-24
Table 30: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 31: United States GDP (Current Prices, $ Billion), 2020-24
Table 32: United States Inflation, 2020-24
Table 33: United States Consumer Price Index (Absolute), 2020-24
Table 34: United States Exchange Rate, 2019-24
List of Figures
Figure 1: United States automotive manufacturing industry value: $ billion, 2019-24
Figure 2: United States automotive manufacturing industry volume: million units, 2019-24
Figure 3: United States automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: United States automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: United States automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: United States automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in the United States, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in the United States, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in the United States, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in the United States, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in the United States, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in the United States, 2024