Research and Markets: World Auto Report Reveals - China Becomes the World's Second Largest Market after the USA after Selling 9.2 Million Units
DUBLIN--Research and Markets has announced the addition of the "World Auto Report 2008" report to their offering.
Events moved rapidly in the automotive world in 2007. New records for auto sales (72.2 million units), production, (74.6 million units) the vehicle parc (943.6 million units) and vehicle scrap (44.7 million units) were achieved and the pace of change became even faster as the balance of operations in the industry continued to transfer from the developed world to the developing markets.
In 2007, the automotive industry remained heavily dependent on a few markets to sustain volume. The top three markets, the USA, China and Japan, jointly sold more than 31 million units, or 43% of total volume. The world's top ten markets sold nearly 50 million units between them, or 69% of total volume. During the year, China sold 9.2 million units and became the world's second largest market after the USA.
This report provides a comprehensive and easily comprehensible overview of motorisation across the globe as of the 1st January 2008. It covers the most important factors that influence the expansion of motorisation, shows where the opportunity for growth has ended due to saturation levels of ownership and market maturity, and where the greatest opportunity still exists. It also shows where theoretical opportunity exists but is not achievable due to constraints on economic and social development.
The evolution of the industry is also covered for 48 years of actual development, from 1960 to 2007, at both the macro regional levels of the More Developed Countries (MDCs) and the Developing Countries (DVCs) as well as at the regional levels of W Europe, C & E Europe, N America, C & S America, Africa, Asia and Oceania.
The situation in 2007 is analysed at the individual country level for 184 countries. The countries include some of the more difficult to analyse markets as they have only relatively recently emerged for the Former Soviet Union. In these cases the data used is considered the best currently available. Where only limited data is available, reasoned assessments have been made. Together these data represent what is considered to be a robust, authoritative and reliable picture of the automotive world in 2007.
As a further aid to examining the progress of the industry in more recent years, a short analysis of the past decade is provided. This shows how the industry has fared for the world, the MDC region and the DVC region for total sales volume, the growth of the vehicle parc and the increasing importance of the number of vehicles being scrapped. This later factor is described as the replacement and shows just how much the continuing health of the industry relies on the replacement of scrapped vehicles to maintain sales and production volume now and in the future.
Key Topics Covered:
- Acknowledgements
- Glossary
- Introduction
- List of countries analysed
- The evolution of the motor industry - 1960 to 2007
- World Automotive demand analysis
- Vehicle demand, parc and scrap compared - 1960 to 2007
- Current situation - 2007
- Landmass, Population and income by country and region
- Sales by country and region
- Sales vs production and import/export balance by country and region
- Vehicle parcs by country and region
- Vehicle scrap, ownership and density by country and region