Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Global light vehicle production forecast from 2015 to 2023 (in million units)

Exclusive Premium Statistic

Global light vehicle production forecast 2015-2023 The statistic gives projections for global light vehicle production from 2015 to 2023. It is expected that almost 112 million vehicles will be produced by 2023.
Global vehicle production

Globally, 2016 saw an estimated increase in light vehicle production of around 3.6 percent. While the automobile has its roots in central Europe, Asia has become the hottest market in terms of passenger vehicle production. Between 2015 and 2022, emerging markets are expected to contribute over 90 percent to growth. In China, the province of Qinghai is expected to become a major producer of passenger cars, offsetting trailing growth in more mature markets such as Beijing, Shanghai and Shangdong. In light of growing population levels and increasing affluence in emerging markets, global automobile production is projected to exceed the 100 million units mark soon.

By 2017, new cars are predicted to be a cleaner and smarter version of today’s fleet. Carbon dioxide emission limits for new motor vehicles are estimated to drive automakers and suppliers to build more efficient engines or make a shift towards alternative powertrain technologies. That said, disruptive technologies for telematics, as well as 3D printing are expected to become the pinnacle of innovation in the automotive industry and pave the way for the introduction of the self-driving car. Around 25 percent of consumers in the United States say that they are very likely to buy a partially autonomous car, while 23 percent of consumers say they are very likely to consider buying a fully autonomous vehicle.
Show more
Exclusive Premium statistic

Get a Premium Account for unrestrained access.
Benefits of our Premium membership:

  • Access to all Premium statistics
  • Download as XLS, PNG and PDF
  • Detailed source and background information
Premium Account
$49 per month*
(billed annually)
*Single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

YearMillion units
--
--
--
--
--
--
--
--
--
YearMillion units
--
--
--
--
--
--
--
--
--
Exclusive Premium statistic

Get a Premium Account for unrestrained access.
Benefits of our Premium membership:

  • Access to all Premium statistics
  • Download as XLS, PNG and PDF
  • Detailed source and background information
Premium Account
$49 per month*
(billed annually)
*Single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

View price details

Download Settings Share
Chart type
Datalabels
Share on Social Media
Download started
Please be patient - this may take a moment
Description Source More information
The statistic gives projections for global light vehicle production from 2015 to 2023. It is expected that almost 112 million vehicles will be produced by 2023.
Global vehicle production

Globally, 2016 saw an estimated increase in light vehicle production of around 3.6 percent. While the automobile has its roots in central Europe, Asia has become the hottest market in terms of passenger vehicle production. Between 2015 and 2022, emerging markets are expected to contribute over 90 percent to growth. In China, the province of Qinghai is expected to become a major producer of passenger cars, offsetting trailing growth in more mature markets such as Beijing, Shanghai and Shangdong. In light of growing population levels and increasing affluence in emerging markets, global automobile production is projected to exceed the 100 million units mark soon.

By 2017, new cars are predicted to be a cleaner and smarter version of today’s fleet. Carbon dioxide emission limits for new motor vehicles are estimated to drive automakers and suppliers to build more efficient engines or make a shift towards alternative powertrain technologies. That said, disruptive technologies for telematics, as well as 3D printing are expected to become the pinnacle of innovation in the automotive industry and pave the way for the introduction of the self-driving car. Around 25 percent of consumers in the United States say that they are very likely to buy a partially autonomous car, while 23 percent of consumers say they are very likely to consider buying a fully autonomous vehicle.
Show more
Release date
September 2017
Region
Worldwide
Survey time period
2015 to 2016
Supplementary notes
The figures for 2017 through 2023 are forecasts.
The figure for 2015 was taken a previous edition of the publication.

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Statistics on "Automotive industry"

  • Production
The most important statistics
  • Customers and sales
The most important statistics
  • Manufacturers
  • Automotive suppliers
  • The future of cars

Related Studies: Available to Download in PDF or PPTX Format

Automotive industry

All Information
in one Presentation

Automotive industry

Everything On "Automotive industry" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista for Your Company: The Research and Analysis Tool

  • Product Film
  • Statistics
  • Downloads

Our Premium Statistics - facts for your business

Currently, Statista provides more than 1 million statistics.
93 percent (all Premium content) are exclusively accessible via our professional accounts.

Unlimited access

As a Statista Premium customer, you receive unlimited access to all statistics at all times. Including downloads of data in the most common formats (XLS, PDF & PNG). Create relevant and significant statistics in no time.

You are in good company

Further Content: Statistics, Studies, and Topic Pages

Need help with using Statista for your research? Tutorials and first steps

Our Business Solutions: Save Time and Money

only

$588*

per year
Your advantages
  • Full access to all our statistics
  • Download as XLS, PDF & PNG
  • Relevant data: complete source information
All functions of our platform illustrated face-to-face
  • Learn how Statista supports your company
  • Extensive tour across the whole portal
  • Personal guidance by our support team
The knowledge database for your company
  • All functions of the Premium Account
  • Access to dossiers, forecasts and studies
  • Access to our international database
  • Publishing rights and other exclusive functions

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar

We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.