The Business Research Company’s global transportation manufacturing market analysis covers the year-on-year growth of the global transportation manufacturing market historic and forecast growth. It also includes chapters on the transportation manufacturing market trends, geographical analysis, and competitive landscape.
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The global transportation manufacturing market is forecast to grow at a CAGR (compound annual growth rate) of more than 6.5% by 2020.
Transportation Manufacturing Market Segmentation
According to TBRC’s global transportation manufacturing market research, the market is split by segments into motor vehicles manufacturing, motor vehicle parts manufacturing, aircraft and components manufacturing, space, military, and related transport manufacturing, ship and boat building and repairing, and train and components manufacturing.
Motor vehicles manufacturing companies manufacture motorcycles, bicycles, automobiles, light trucks and heavy-duty trucks for commercial and personal use. The total market share of this segment in 2017 was recorded at more than 40% which is the largest segment in this market.
Motor vehicle parts manufacturing companies manufacture motor vehicle parts including engines. It includes companies manufacturing new motor vehicle parts as well as spare parts.
Aircraft and components manufacturing companies manufacture aircraft, aircraft engine and engine parts and other aircraft parts and auxiliary equipment.
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Motor Vehicle Parts manufacturing had the highest CAGR (compound annual growth rate) of 8.9% during 2013-2017; this segment is expected to grow at a CAGR of 8.1% during 2017-2021. This was due to increased demand for passenger cars and other commercial vehicles. Increasing demand for hybrid and electric cars is expected to boost this industry, as there is a shift in the industry towards more fuel efficient vehicles.
The global transportation manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global motor vehicles manufacturing, motor vehicle parts manufacturing, aircraft and components manufacturing, space, military, and related transport manufacturing, ship and boat building and repairing, and train and components manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Toyota Motor, Volkswagen Group, General Motors, Daimler AG, Ford Motor and Fiat Chrysler Automobiles.
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