Motor Vehicle Body Global Market Report 2024

Global Motor Vehicle Body Market Report 2024

Motor Vehicle Body Global Market Report 2024 – By Type Of Vehicle (Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses And Coaches), By End Use (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2024-2033

Name: Motor Vehicle Body Global Market Report 2024
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Motor Vehicle Body Global Market Report 2024

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Motor Vehicle Body Market Definition

Motor vehicle body refers to the piece of the vehicle that is attached to the chassis, frame, or unibody and includes the fenders, bumpers, windshields, glass, and other similar parts.

The main types of vehicles in the motor vehicle body are passenger vehicles, light commercial vehicles, heavy trucks, buses, and coaches. Passenger vehicles are designed and constructed for the carriage of people and their luggage. These are used in the OEM and aftermarket.

Motor Vehicle Body Market Segmentation

The motor vehicle body market covered in this report is segmented –

1) By Type Of Vehicle: Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses And Coaches

2) By End Use: OEM, Aftermarket

Global Motor Vehicle Body Market Size 2023 to 2028: Graph

Motor Vehicle Body Market Size 2024 And Growth Rate

The motor vehicle body market size has grown strongly in recent years. It will grow from $195.48 billion in 2023 to $212.85 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, favorable government initiatives, and increased investments.

Motor Vehicle Body Market Growth Forecast

The motor vehicle body market size is expected to see strong growth in the next few years. It will grow to $294.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to the increase in production of passenger cars, the rising urbanization and the increasing adoption of electric vehicles. Major trends in the forecast period include focus on lightweight materials, use of augmented reality, focus on autonomous vehicles, advanced lighting systems and strategic partnerships and collaborations.

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Motor Vehicle Body Market Driver: Rising Motor Vehicle Production Boosts Demand For Motor Vehicle Body Market

Increasing production of passenger cars, light commercial vehicles, buses, and heavy trucks is projected to contribute to higher demand for the motor vehicle body. For instance, according to Invest India, the country's annual production in FY 2021 was 22.7 million vehicles, and from April to October 2021, two-wheelers and passenger cars accounted for 81.2% and 14.6% of the shares, respectively. Thus, an upsurge in the production of motor vehicles and rising investments are anticipated to drive the demand for growth of the motor vehicle body market.

Motor Vehicle Body Market Driver: Growth Of Electric Vehicles Is Anticipated To Fuel Motor Vehicle Body Market

The growth of electric vehicles is expected to propel the motor vehicle body market going forward. Electric vehicles (EVs) are vehicles that use one or more electric motors for propulsion, relying on electrical energy stored in rechargeable batteries or another energy storage device. Electric vehicles utilize lightweight and aerodynamically efficient motor vehicle bodies to optimize range and battery efficiency. For instance, in 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, the global electric car market has witnessed growth, with sales surpassing 10 million in 2022. In just three years, the percentage of electric cars in overall sales has surged from approximately 4% in 2020 to 14% in 2022This is anticipated to reach 14 million in sales by the close of 2023, reflecting a 35% year-on-year growth, particularly driven by a surge in new purchases during the latter half of this year. Therefore, the growth of electric vehicles is driving the motor vehicle body market.

Global Motor Vehicle Body Market Major Players

Major companies operating in the motor vehicle body market report are Magna International Inc, Lear Corporation, General Motors Co, Aisin Seiki Co ltd, Faurecia SA, Plastic Omnium SA, Grupo Antolín Irausa SA., Mitsubishi Motors Corporation, Autoliv Inc, Paccar Inc, Tata Motors Passenger Vehicles Limited, Ashok Leyland Limited, Eicher Motors Limited, Beml Limited, Jbm Auto Limited, Komatsu India Private Limited, Volvo Group India Private Limited, Flsmidth Private Limited, Daewoo Motors India Limited, Amw Motors Limited, Utkal Automobiles Private Limited, Chongqing Zhidao Machinery Co, Ltd, Shandong Taixing Casting Co., Ltd, Suizhou Fuhua Automobile Trailer Co., Ltd, Potou Jiaohe Hongxing Machinery Factory, Aptiv Plc, Rolls-Royce Plc, Sensata Technologies Holding Plc, Tesla Motors Limited, Perkins Engines Company Limited, Alliance Automotive Procurement Limited, Marelli Automotive Systems UK, Ibc Vehicles Limited, Avtotor, Moskvich, Benteler Automotive Poland Sp. O, Nissens coolers Poland, Umicore Autocat Poland Sp. z o.o, Ford, Chrysler, GM, Toyota, Nissan, Mazda, Honda, Bombardier Inc, Linamar Corporation, Flex-N-Gate Corporation, Martinrea International Inc, Key Safety Systems (KSS), BMW Brazil, DHB Sistemas, Chevrolet, Volkswagen, Iveco, Arabian Automobiles Co. LLC, Geely, AI shirawi LLC, Inkas, Naffco, Manufacturing Commercial Vehicles Co. S.A. E, Cania AB, Mercedes-Benz (Egypt), Innoson Vehicle Manufacturing (IVM), MAN SE

Global Motor Vehicle Body Market Restraint: Metal Price Fluctuations Pose Challenges For The Motor Vehicle Body Market

Fluctuating prices of metals such as steel, iron, and aluminum are projected to limit the growth of the motor vehicle body market. For instance, according to the pioneer data 2022, the current high prices of aluminum are at an average of $2200/t in 2021 with marginal deceleration in 2022. Iron ore prices increased by nearly 25% in the first quarter of 2021, owing primarily to unabated Chinese demand. Therefore, the fluctuations in the price of metal are anticipated to hinder the growth of the motor vehicle body market in the forecast period.

Global Motor Vehicle Body Market Trend: Aluminum Emerges As A Preferred Material In The Automotive Industry For Enhanced Performance And Sustainability

The automotive industry uses various structural materials, including iron, steel, and other metals. Recently, aluminum has been the most preferred metal in the automotive industry as a material of choice for next-gen and advanced vehicles. According to The Aluminum Association, aluminum is used predominately in the automotive industry due to its cost-effective and environment-friendly way of improving efficiency and performance, reducing emissions, and boosting fuel efficiency while improving and maintaining durability and safety. For instance, Tata Technologies announced a collaboration with NIO China to develop NIO’s range of electric vehicles. This partnership was aimed towards the production of the first electric all-aluminum vehicle by NIO. Tata Technologies, a Tata Group company, is engaged in providing services in engineering and design, manufacturing, management, and IT services to automotive original equipment manufacturers and their suppliers.

Global Motor Vehicle Body Market Trend: Advanced Material To Meet The Demand For Luxury Automotive Body Panels

Major companies operating in the motor vehicle body market are introducing new advanced materials such as SolvaLite SF200 to meet the demand for a rapid-curing, high-quality surfacing film for luxury automotive body panels. SolvaLite SF200 is a surfacing film developed by Solvay for 'Class A' paintable automotive body panels with fast-cure technology. For instance, in October 2022, Solvay, a Germany-based chemical and advanced materials company launched SolvaLite SF200, a surfacing film tailored for ‘Class A’ paintable automotive body panels. This innovation had a debut at the Composite and Advanced Materials Expo (CAMX) 2022 in Anaheim, California, where Solvay presented its wide-ranging composite solutions. The SolvaLite SF200 stands out due to its rapid curing time of under 10 minutes at 150 °C, ensuring a smooth surface essential for painting. The product is based on advanced fast-cure technology and compatibility with autoclave curing. It offers improved longevity, strong adhesion to auto paints and primers, and reduces pre-painting adjustments.

Motor Vehicle Body Market Merger And Acquisition: Mullen Automotive Expands Ev Portfolio With Acquisition Of Bollinger Motors

In September 2022, Mullen Automotive, a US-based electric vehicle company, acquired Bollinger Motors for $148.2 million. This acquisition will increase Mullen's stock of medium-duty trucks and sport utility vehicles with Bollinger's designs. Bollinger Motors is a US-based automobile manufacturer of electric vehicles.

Regional Analysis For The Global Motor Vehicle Body Market

Asia-Pacific was the largest region in the motor vehicle body market in 2023. Western Europe was the second largest region in the global motor vehicle body market share. The regions covered in the motor vehicle body market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the motor vehicle body market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The motor vehicle body market consists of sales of fenders, bumpers, windshields, glass, seats, motors, transmissions, air conditioning condensers, and radiators. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The motor vehicle body market research report is one of a series of new reports from The Business Research Company that provides motor vehicle body market statistics, including motor vehicle body industry global market size, regional shares, competitors with a motor vehicle body market share, detailed motor vehicle body market segments, market trends and opportunities, and any further data you may need to thrive in the motor vehicle body industry. This motor vehicle body market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Motor Vehicle Body Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$212.85 billion
Revenue Forecast In 2033	$294.27 billion
Growth Rate	CAGR of 8.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type Of Vehicle: Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses And Coaches 2) By End Use: OEM, Aftermarket
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Magna International Inc; Lear Corporation; General Motors Co; Aisin Seiki Co ltd; Faurecia SA; Plastic Omnium SA; Grupo Antolín Irausa SA.; Mitsubishi Motors Corporation; Autoliv Inc; Paccar Inc; Tata Motors Passenger Vehicles Limited; Ashok Leyland Limited; Eicher Motors Limited; Beml Limited; Jbm Auto Limited; Komatsu India Private Limited; Volvo Group India Private Limited; Flsmidth Private Limited; Daewoo Motors India Limited; Amw Motors Limited; Utkal Automobiles Private Limited, Chongqing Zhidao Machinery Co, Ltd; Shandong Taixing Casting Co., Ltd; Suizhou Fuhua Automobile Trailer Co., Ltd; Potou Jiaohe Hongxing Machinery Factory; Aptiv Plc; Rolls-Royce Plc; Sensata Technologies Holding Plc; Tesla Motors Limited; Perkins Engines Company Limited; Alliance Automotive Procurement Limited; Marelli Automotive Systems UK; Ibc Vehicles Limited; Avtotor; Moskvich; Benteler Automotive Poland Sp. O; Nissens coolers Poland; Umicore Autocat Poland Sp. z o.o; Ford; Chrysler; GM; Toyota; Nissan; Mazda; Honda; Bombardier Inc; Linamar Corporation; Flex-N-Gate Corporation; Martinrea International Inc; Key Safety Systems (KSS); BMW Brazil; DHB Sistemas; Chevrolet; Volkswagen; Iveco; Arabian Automobiles Co. LLC; Geely; AI shirawi LLC; Inkas; Naffco; Manufacturing Commercial Vehicles Co. S.A. E; Cania AB; Mercedes-Benz (Egypt); Innoson Vehicle Manufacturing (IVM); MAN SE
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1. Executive Summary

2. Motor Vehicle Body Market Characteristics

3. Motor Vehicle Body Market Trends And Strategies

4. Motor Vehicle Body Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Motor Vehicle Body Market Size and Growth

5.1. Global Motor Vehicle Body Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Motor Vehicle Body Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Motor Vehicle Body Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Motor Vehicle Body Market Segmentation

6.1. Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Passenger Vehicle

Light Commercial Vehicle

Heavy Trucks

Buses

Coaches

6.2. Global Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

OEM

Aftermarket

7. Motor Vehicle Body Market Regional And Country Analysis

7.1. Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Motor Vehicle Body Market

8.1. Asia-Pacific Motor Vehicle Body Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Motor Vehicle Body Market

9.1. China Motor Vehicle Body Market Overview

9.2. China Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Motor Vehicle Body Market

10.1. India Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Motor Vehicle Body Market

11.1. Japan Motor Vehicle Body Market Overview

11.2. Japan Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Motor Vehicle Body Market

12.1. Australia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Motor Vehicle Body Market

13.1. Indonesia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Motor Vehicle Body Market

14.1. South Korea Motor Vehicle Body Market Overview

14.2. South Korea Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Motor Vehicle Body Market

15.1. Western Europe Motor Vehicle Body Market Overview

15.2. Western Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Motor Vehicle Body Market

16.1. UK Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Motor Vehicle Body Market

17.1. Germany Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Motor Vehicle Body Market

18.1. France Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Motor Vehicle Body Market

19.1. Italy Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Motor Vehicle Body Market

20.1. Spain Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Motor Vehicle Body Market

21.1. Eastern Europe Motor Vehicle Body Market Overview

21.2. Eastern Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Motor Vehicle Body Market

22.1. Russia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Motor Vehicle Body Market

23.1. North America Motor Vehicle Body Market Overview

23.2. North America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Motor Vehicle Body Market

24.1. USA Motor Vehicle Body Market Overview

24.2. USA Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Motor Vehicle Body Market

25.1. Canada Motor Vehicle Body Market Overview

25.2. Canada Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Motor Vehicle Body Market

26.1. South America Motor Vehicle Body Market Overview

26.2. South America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Motor Vehicle Body Market

27.1. Brazil Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Motor Vehicle Body Market

28.1. Middle East Motor Vehicle Body Market Overview

28.2. Middle East Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Motor Vehicle Body Market

29.1. Africa Motor Vehicle Body Market Overview

29.2. Africa Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Motor Vehicle Body Market Competitive Landscape And Company Profiles

30.1. Motor Vehicle Body Market Competitive Landscape

30.2. Motor Vehicle Body Market Company Profiles

30.2.1. Magna International Inc

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Lear Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. General Motors Co

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Aisin Seiki Co ltd

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Faurecia SA

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Motor Vehicle Body Market Other Major And Innovative Companies

31.1. Plastic Omnium SA

31.2. Grupo Antolín Irausa SA.

31.3. Mitsubishi Motors Corporation

31.4. Autoliv Inc

31.5. Paccar Inc

31.6. Tata Motors Passenger Vehicles Limited

31.7. Ashok Leyland Limited

31.8. Eicher Motors Limited

31.9. Beml Limited

31.10. Jbm Auto Limited

31.11. Komatsu India Private Limited

31.12. Volvo Group India Private Limited

31.13. Flsmidth Private Limited

31.14. Daewoo Motors India Limited

31.15. Amw Motors Limited

32. Global Motor Vehicle Body Market Competitive Benchmarking

33. Global Motor Vehicle Body Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Motor Vehicle Body Market

35. Motor Vehicle Body Market Future Outlook and Potential Analysis

35.1 Motor Vehicle Body Market In 2028 - Countries Offering Most New Opportunities

35.2 Motor Vehicle Body Market In 2028 - Segments Offering Most New Opportunities

35.3 Motor Vehicle Body Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Magna International Inc Financial Performance

Table 52: Lear Corporation Financial Performance

Table 53: General Motors Co Financial Performance

Table 54: Aisin Seiki Co ltd Financial Performance

Table 55: Faurecia SA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Motor Vehicle Body Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Magna International Inc Financial Performance

Figure 52: Lear Corporation Financial Performance

Figure 53: General Motors Co Financial Performance

Figure 54: Aisin Seiki Co ltd Financial Performance

Figure 55: Faurecia SA Financial Performance

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Frequently Asked Questions

What is the definition of the motor vehicle body market?

Motor vehicle body refers to the piece of the vehicle that is attached to the chassis, frame, or unibody and includes the fenders, bumpers, windshields, glass, and other similar parts. For further insights on the motor vehicle body market, request a sample here

How will the motor vehicle body market drivers and restraints affect the motor vehicle body market dynamics? What forces will shape the motor vehicle body industry going forward?

The motor vehicle body market major growth driver - Rising Motor Vehicle Production Boosts Demand For Motor Vehicle Body Market. For further insights on the motor vehicle body market, request a sample here

What is the forecast market size or the forecast market value of the motor vehicle body market?

The motor vehicle body market size has grown strongly in recent years. It will grow from $195.48 billion in 2023 to $212.85 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, favorable government initiatives, and increased investments. The motor vehicle body market size is expected to see strong growth in the next few years. It will grow to $294.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to the increase in production of passenger cars, the rising urbanization and the increasing adoption of electric vehicles. Major trends in the forecast period include focus on lightweight materials, use of augmented reality, focus on autonomous vehicles, advanced lighting systems and strategic partnerships and collaborations. For further insights on the motor vehicle body market, request a sample here

How is the motor vehicle body market segmented?

The motor vehicle body market is segmented
1) By Type Of Vehicle: Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses And Coaches
2) By End Use: OEM, AftermarketFor further insights on the motor vehicle body market, request a sample here

Which region has the largest share of the motor vehicle body market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the motor vehicle body market in 2023. Western Europe was the second largest region in the global motor vehicle body market share. The regions covered in the motor vehicle body market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the motor vehicle body market, request a sample here.

Who are the major players in the motor vehicle body market?

What are the key trends in the motor vehicle body market?

Major trend in the motor vehicle body market - Aluminum Emerges As A Preferred Material In The Automotive Industry For Enhanced Performance And Sustainability. For further insights on the motor vehicle body market, request a sample here.

What are the major opportunities in the motor vehicle body market? What are the strategies for the motor vehicle body market?

For detailed insights on the major opportunities and strategies in the motor vehicle body market, request a sample here.

How does the motor vehicle body market relate to the overall economy and other similar markets?

For detailed insights on motor vehicle body market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the motor vehicle body industry?

For detailed insights on the mergers and acquisitions in the motor vehicle body industry, request a sample here.

What are the key dynamics influencing the motor vehicle body market growth? SWOT analysis of the motor vehicle body market.

For detailed insights on the key dynamics influencing the motor vehicle body market growth and SWOT analysis of the motor vehicle body industry, request a sample here.