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U.S. Automobile Market. Analysis and Forecast to 2030
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View PricingU.S.: Automobile Market 2020
Automobile Market Size in the USA
The revenue of the automobile market in the U.S. amounted to $X in 2018, reducing by -X% against the previous year. Overall, automobile consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the automobile market reached their peak level of $X, and then declined slightly in the following year.
Automobile Production in the USA
In value terms, automobile production totaled $X in 2018. The total output value increased an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. Over the period under review, the automobile production attained its maximum level in 2018, and is likely to see steady growth in the near future.
Automobile Exports
Exports from the USA
In 2018, approx. X tons of automobiles were exported from the U.S.; dropping by -X% against the previous year. Overall, automobile exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the automobile exports attained its maximum volume of X tons in 2016; however, from 2017 to 2018, it failed to regain its momentum.
In value terms, automobile exports totaled $X in 2018. In general, automobile exports continue to indicate a sharp slump. Over the period under review, the automobile exports attained its maximum level of $X in 2016; however, from 2017 to 2018, it stood at a somewhat lower level.
Exports by Country
Australia (X tons), the Dominican Republic (X tons) and Nigeria (X tons) were the main destinations of automobile exports from the U.S., with a combined X% share of total exports. Honduras, Brazil, French Polynesia, Nicaragua, Sweden and Chile lagged somewhat behind, together comprising a further X%.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by French Polynesia (-X% per year), while the other leaders experienced a decline.
In value terms, Australia ($X) remains the key foreign market for automobile exports from the U.S., making up X% of total automobile exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.
From 2013 to 2018, the average annual rate of growth in terms of value to Australia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-X% per year) and Nigeria (-X% per year).
Export Prices by Country
In 2018, the average automobile export price amounted to $X per kg, jumping by X% against the previous year. Overall, automobile export price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2018, when it surged by X% y-o-y. Over the period under review, the average export prices for automobiles attained its peak figure level of $X per kg in 2014; however, from 2015 to 2018, it failed to regain its momentum.
Export prices varied noticeably by the country of origin; the country with the highest export price was Australia ($X per kg), while average price for exports to Honduras ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the Dominican Republic (-X% per year), the export prices for the other major destinations experienced a decline.
Automobile Imports
Imports into the USA
In 2018, the amount of automobiles imported into the U.S. totaled X tons, jumping by X% against the previous year. Overall, automobile imports continue to indicate a precipitous reduction. The pace of growth was the most pronounced in 2018, when imports increased by X% against the previous year. Over the period under review, the automobile imports reached its maximum volume of X tons in 2016; however, from 2017 to 2018, it stood at a somewhat lower level.
In value terms, automobile imports stood at $X in 2018. In general, automobile imports continue to indicate a sharp downturn. Over the period under review, the automobile imports attained its peak figure level of $X in 2016; however, from 2017 to 2018, it failed to regain its momentum.
Imports by Country
In 2018, China (X tons) constituted the largest automobile supplier to the U.S., with a X% share of total imports. Moreover, automobile imports from China exceeded the figures recorded by the second largest supplier, Germany (X tons), more than tenfold.
From 2013 to 2018, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the UK (-X% per year).
In value terms, China ($X), Germany ($X) and the UK ($X) constituted the largest automobile suppliers to the U.S., with a combined X% share of total imports.
China (-X% per year) experienced the highest growth rate of imports, among the main suppliers over the last five year period, while the other leaders experienced a decline.
Import Prices by Country
In 2018, the average automobile import price amounted to $X per kg, coming down by -X% against the previous year. Overall, automobile import price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. In that year, the average import prices for automobiles reached their peak level of $X per kg, and then declined slightly in the following year.
Import prices varied noticeably by the country of origin; the country with the highest import price was the UK ($X per kg), while price for China ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), the import prices for the other major suppliers experienced a decline.
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Automobiles
The report provides on a comprehensive analysis of the U.S. automobile market. It outlines the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains existing data on the major players in the industry.
Countries coverage: the U.S.
Companies mentioned:
General Motors Company,
Ford Motor Company,
FCA US,
Tesla Motors,
Federal Signal Corporation,
Oshkosh Corporation,
Subaru of Indiana Automotive,
Voxx International Corporation,
Spartan Motors,
Honda of America Mfg.,
Toyota Boshoku America,
Lippert Components,
Dakkota Integrated Systems,
Shiroki North America,
Kovatch Mobile Equipment Corp.,
Honda Manufacturing of Indiana,
ARC Automotive,
Sewon America,
GM Components Holdings,
Crossroads Rv,
Thomas Built Buses,
Mercedes-Benz U.S. International,
Ic Bus of Oklahoma,
Wolfington Body Company,
Rolls-Royce Motor Cars Na,
General Motors Holdings,
Drew Industries Incorporated,
Honda North America,
Toyota Motor Engineering & Manufacturing North America,
Jefferson Industries Corporation,
The Vehicle Production Group,
Honda Manufacturing of Alabama,
Autoalliance Management Company,
Toyoda Gosei Brownsville Texas,
Oshkosh Defense
Data coverage:
• Automobile market size;
• Automobile production, value of shipments;
• Key market players and their profiles;
• Exports, imports and trade balance;
• Import and export prices;
• Forecast of the market dynamics in the medium term;
• Key industry statistics;
• Life cycle of the automobile industry;
• Number of establishments and their locations;
• Employment data;
• Automobile industry productivity.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023