Infographics - Automotive Assembly Market

Global automotive assembly market is estimated to be valued at USD 49.13 Bn in 2024 and is expected to reach USD 72.91 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

The automotive industry has transformed over the past decade due to increasing consumer demand for upgraded vehicle features and technologies. Original equipment manufacturers (OEMs) are investing heavily in research and development to deliver innovative automotive designs with superior performance, fuel-efficiency, and safety mechanisms. Rising adoption of Industry 4.0 technologies like robotic process automation, artificial intelligence, and 3D printing is boosting productivity and quality across automotive assembly lines. Governments worldwide are also implementing stringent emission norms to curb pollution levels, and this compels automakers to develop eco-friendly vehicles.

Market Dynamics:

Global automotive assembly market growth is driven by factors like rising disposable incomes, improving living standards, and growing preference for personal mobility solutions. Moreover, low-interest rates and easy financing options have made vehicle ownership more affordable. This positively impacts sales of passenger cars and light commercial vehicles. However, the outbreak of COVID-19 pandemic adversely impacted the market growth due to reduced production levels and supply chain disruptions. High raw material prices can pose a major challenge for component suppliers. Growing electric vehicle adoption can offer significant opportunities for automakers to expand their portfolios and venture into new mobility services.

Key features of the study:

This report provides in-depth analysis of the global automotive assembly market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive assembly market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Advanced Assembly, Assemco Outsourcing Melbourne Australia, Atlas Copco AB, Formel D, Fuji Assembly Systems, Inc., Gen Pack Assembly Services Inc., Ingemat S.L., JR Automation, Leidos, Magna International Inc., Maruti Suzuki, Mercedes-Benz, Oliver Wyman, LLC., Rhenus Group, Ricardo., Škoda Auto a.s, TOYOTA MOTOR CORPORATION, Zhengzhou Duoyuan Automobile Equipment Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global automotive assembly market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive assembly market

Detailed Segmentation:

By Vehicle Type
- Two Wheeler
- Three Wheeler
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Component
- Engine
- Driving system
- Control System
- Accessories
- Others
By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players Insights
- Advanced Assembly
- Assemco Outsourcing Melbourne Australia
- Atlas Copco AB
- Formel D
- Fuji Assembly Systems, Inc.
- Gen Pack Assembly Services Inc.
- Ingemat S.L.
- JR Automation
- Leidos
- Magna International Inc.
- Maruti Suzuki
- Mercedes-Benz
- Oliver Wyman, LLC.
- Rhenus Group
- Ricardo.
- Škoda Auto a.s
- TOYOTA MOTOR CORPORATION
- Zhengzhou Duoyuan Automobile Equipment Co., Ltd.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Automotive Assembly Market, By Vehicle Type
  - Global Automotive Assembly Market, By Component
  - Global Automotive Assembly Market, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Opportunities
  - Restrains
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger, Acquisitions, and Collaborations
Global Automotive Assembly Market– Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
Global Automotive Assembly Market, By Vehicle Type, 2019-2031, (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019– 2031
  - Segment Trends
- Two Wheeler
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Three Wheeler
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Passenger Vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Light Commercial Vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Heavy Commercial Vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
Global Automotive Assembly Market, By Component, 2019-2031, (US$ Billion)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Engine
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Driving system
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Control System
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Accessories
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Billion)
Global Automotive Assembly Market, By Region, 2019-2031, (US$ Billion)
- Introduction
  - Market Share Analysis, By Region, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, For Region, 2019-2031
  - Country Trends
- North America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Billion)
    - U.S.
    - Canada
- Europe
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Billion)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2024-2031, 2019-2031, (US$ Billion)
    - China
    - India
    - Japan
    - South Korea
    - Australia
    - ASEAN
    - Rest of Asia Pacific
- Latin America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Billion)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Middle East & Africa
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Component, 2019-2031, (US$ Billion)
  - Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2019-2031, (US$ Billion)
    - GCC Countries
    - Israel
    - South Africa
    - North Africa
    - Central Africa
    - Rest of Middle East & Africa
Competitive Landscape
- Company Profile
  - Advanced Assembly
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Assemco Outsourcing Melbourne Australia
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Atlas Copco AB
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Formel D
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Fuji Assembly Systems, Inc.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Gen Pack Assembly Services Inc.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Ingemat S.L.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - JR Automation
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Leidos
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Magna International Inc.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Maruti Suzuki
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Mercedes-Benz
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Oliver Wyman, LLC.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Rhenus Group
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Ricardo.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Škoda Auto a.s
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - TOYOTA MOTOR CORPORATION
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
  - Zhengzhou Duoyuan Automobile Equipment Co., Ltd.
    - Company Highlights
    - Product Portfolio
    - Key Developments
    - Financial Performance
    - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Research Methodology
- References
- Research Methodology
- About us

*Browse 24 market data tables and 28 figures on “Global Automotive Assembly Market” - Global forecast to 2031

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AUTOMOTIVE ASSEMBLY MARKET ANALYSIS

Automotive Assembly Market

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