Automotive assembly is a process, in which various automotive parts such as chassis, engine, and transmission systems, control system, electrical system, and others are integrated. Moreover, increasing demand for passenger vehicles and commercial vehicles worldwide, such as in China, India & Brazil has led to a rise in the number of people buying passenger vehicles and commercial vehicles every year. Moreover, increasing production of CNG trucks worldwide is expected to drive growth of the automotive assembly market. For instance, in June 2022, Ashok Leyland, an India-based automotive manufacturing company launched the ecomet STAR 1115 CNG truck having CNG cylinder capacity ranging from 360 to 480 liters.
Market Dynamics
In automotive assembly various processes are involved such as metal cutting, pressing, polishing, grinding, welding, plating, & painting. In Full - Automatic Assembly lines, robots are used for performing tasks such as cutting to welding, painting, assembling of automotive parts and others. Furthermore in semi-automatic assembly line, semi-automatic robots are used for performing assembly line task. This semi-automatic robots are controlled by humans.
Key features of the study:
- This report provides an in-depth analysis of the global automotive assembly market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 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 BMW Gro, Daimler,Ford, MotorGeneral Moto, Honda Motor, Hyundai Motor, SAIC Motor, Stellantis, Toyota Motor, and Volkswagen Group
- 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
- The 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:
- Global Automotive Assembly Market, By Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
- Global Automotive Assembly Market, By Component:
- Engine
- Driving System
- Control System
- Electrical System
- Accessories
- Others
- Global Automotive Assembly Market, By Assembly Line:
- Global Automotive Assembly Market, By Region:
- North America
- Europe
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Country
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- By Country/Region:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- BMW Group*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Daimler
- Ford Motor
- General Motors
- Honda Motor
- Hyundai Motor
- SAIC Motor
- Stellantis
- Toyota Motor
- Volkswagen Group
“*” marked represents similar segmentation in other categories in the respective section.