Summary
Car Manufacturing in Europe 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 car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
- The European car manufacturing industry recorded revenues of $257.8 billion in 2024, representing a negative compound annual growth rate (CAGR) of 5.0% between 2019 and 2024.
- Industry production volumes declined with a negative CAGR of 5.3% between 2019 and 2024, reaching a total of 12,041.8 thousand units in 2024.
- The European car manufacturing industry’s production volume contracted by 4.0% in 2024, primarily due to supply chain vulnerabilities and slowing investment in production capacity. While the global semiconductor shortage had largely stabilized, the UK and Germany continued to experience sporadic shortages of EV battery components and other critical electronic modules due to its limited local supply base.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Europe
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe car manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Europe car manufacturing market by value in 2024?
- What will be the size of the Europe car manufacturing market in 2029?
- What factors are affecting the strength of competition in the Europe car manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's car 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 share
1.8. Market rivalry
1.9. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What have been the most recent market developments?
8 Company Profiles
8.1. Volkswagen Group
8.2. Stellantis NV
8.3. Bayerische Motoren Werke AG
8.4. Renault-Nissan-Mitsubishi Alliance
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: Europe car manufacturing industry value: $ billion, 2019-24
Table 2: Europe car manufacturing industry volume: thousand units, 2019-24
Table 3: Europe car manufacturing industry category segmentation: % share, by volume, 2019-24
Table 4: Europe car manufacturing industry category segmentation: thousand units, 2019-24
Table 5: Europe car manufacturing industry geography segmentation: $ billion, 2024
Table 6: Europe car manufacturing industry value forecast: $ billion, 2024-29
Table 7: Europe car manufacturing industry volume forecast: thousand units, 2024-29
Table 8: Europe car manufacturing industry share: % share, by volume, 2024
Table 9: Volkswagen Group: Key Facts
Table 10: Stellantis NV: Key Facts
Table 11: Stellantis NV: Annual Financial Ratios
Table 12: Stellantis NV: Key Employees
Table 13: Stellantis NV: Key Employees Continued
Table 14: Bayerische Motoren Werke AG: Key Facts
Table 15: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 16: Bayerische Motoren Werke AG: Key Employees
Table 17: Bayerische Motoren Werke AG: Key Employees Continued
Table 18: Renault-Nissan-Mitsubishi Alliance: Key Facts
Table 19: Renault-Nissan-Mitsubishi Alliance: Key Employees
Table 20: Europe Size of Population (Million), 2020-24
Table 21: Europe Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Europe GDP (Current Prices, $ Billion), 2020-24
Table 23: Europe Inflation, 2020-24
Table 24: Europe Consumer Price Index (Absolute), 2020-24
Table 25: Europe Exchange Rate, 2019-24
List of Figures
Figure 1: Europe car manufacturing industry value: $ billion, 2019-24
Figure 2: Europe car manufacturing industry volume: thousand units, 2019-24
Figure 3: Europe car manufacturing industry category segmentation: thousand units, 2019-24
Figure 4: Europe car manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Europe car manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Europe car manufacturing industry volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the car manufacturing industry in Europe, 2024
Figure 8: Drivers of buyer power in the car manufacturing industry in Europe, 2024
Figure 9: Drivers of supplier power in the car manufacturing industry in Europe, 2024
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Europe, 2024
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Europe, 2024
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Europe, 2024
Figure 13: Europe car manufacturing industry share: % share, by volume, 2024
