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Global Passenger Vehicles Market Analysis to 2020

Passenger vehicles are the most common mode of conveyance in the developed countries and they are increasing in numbers in the developing countries as well due to increasing per capita income. Passenger vehicles market in a country is by large dependent on its present economic condition which is why this industry tumbled down during the U.S. and European recessions. Many of the passenger vehicle manufacturers including General Motors, Ford and Chrysler had to seek for a heavy sum of loans to continue manufacturing in the weaker economic situation due to low demands. Passenger vehicles market can be segmented into four segments namely small, medium, large and premium.

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Global Passenger Vehicles Market Analysis to 2020

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  1. PassengerVehiclesMarket-GlobalIndustryAnalysisand Forecastto2020 PersistenceMarketResearchReleasedNewMarketReporton“PassengerVehiclesMarket- GlobalIndustryAnalysisandForecastto2020”. Passengervehiclesarethemostcommonmodeofconveyanceinthedevelopedcountriesandtheyare increasinginnumbersinthedevelopingcountriesaswellduetoincreasingpercapitaincome.Passenger vehiclesmarketinacountryisbylargedependentonitspresenteconomicconditionwhichiswhythis industrytumbleddownduringtheU.S.andEuropeanrecessions.Manyofthepassengervehicle manufacturersincludingGeneralMotors,FordandChryslerhadtoseekforaheavysumofloansto continuemanufacturingintheweakereconomicsituationduetolowdemands.Passengervehicles marketcanbesegmentedintofoursegmentsnamelysmall,medium,largeandpremium. Browsecompletereportathttp://www.persistencemarketresearch.com/market- research/passenger-vehicles-market.asp ThedemandforSpecialUtilityVehicles(SUVs)hassurgedinrecenttimesduetotheincreasingleisure andtouractivitiesglobally.Smallcarsarealsogrowingatafastpaceastheyfindlesstrafficontheroad ascomparedtolargepassengervehicles.Theemergingvehiclefinancingmarkethasbeenencouraging thepassengervehiclesindustrywhereinthecustomersareprovidedloanstoownthevehicle.Owninga passengervehicleisobservedasasignofsocialstatusinmostofthedevelopingcountries,however nowadaystheyarebeingpurchasedbythemiddleclassfamiliesalso. Increasingrawmaterialpricesisoneofthegreatestconcernsforthepassengervehiclesmarket.The pricesofiron,steelandplasticshavesoaredtohighlevelsinrecenttimeswhichhaveledtoanincreaseinthepriceofpassengervehiclestoconsumers.Passengervehiclesmarketislargelydependenton researchanddevelopmentwheretheirproductsneedtodeliverthereal-timecustomerrequirementin ordertoremaincompetitive.Additionally,thegovernmentsareputtingpressuresonthepassengercar manufacturerstoproduceefficientandlow-emissionvehicleswhichhaveintenselypressurizedthelatter toengageinresearchanddevelopmentworks.EuropeanEmissionStandards(EUROI,EUROII,EURO III,EUROIVandEUROV),CorporateAverageFuelEconomy(CAFE)andFederalMotorVehicleSafety Standards(FMVSS)arefewofthemostcommonemissionstandardsfollowedintheglobalregions.The electricandhybridpassengervehiclesarecatchingthemarketduetotheirfuelefficiencyandlow emission.Ingeneral,theproductionprocessofnewmodelofapassengercartakesabouttwoandahalf tothreeyears. Passengervehiclesaremostlysoldthroughindependentdealershipsaffiliatedwithamanufacturer.The demandcalculationbythepassengervehiclemanufacturerdeterminesthenumberofvehiclestobesent 1 PersistenceMarketResearch

  2. PassengerVehiclesMarket-GlobalIndustryAnalysisand Forecastto2020 ataparticulardealerlocation.Mostofthepassengervehiclecompaniesputtheirmanufacturingfacilityin countrywheretheysellthemtoavoidtransportationcosts,currencyfluctuationrisks,andtradebarriers. However,premiumpassengervehiclesaremostlytradedastheirper-unitsalesislowandsettingup manufacturingplantforthemwouldnotincurbenefits.Passengervehiclemanufacturershaveintegrated horizontallythanverticallytoreduceproductioncostwhereintheysourcetheirpartsandcomponents fromvendorsinsteadofmanufacturingthem.Amongregions,AsiaPacificwasthelargestpassenger vehiclemarketin2013followedbyEurope. AsiaPacificisexpectedtocontinuewithitsleadershippositionby2020duetoitsgrowingpopulationand increasingpercapitaincome.Thekeycompaniesoperatinginglobalpassengervehiclesmarketare GeneralMotors,Volkswagen,Toyota,Hyundai,Ford,Nissan,PSAPeugeotCitroen,Honda,Suzukiand Renault.Mostofthetoppassengervehiclemanufacturersin2013belongedtoJapanandtheU.S. RequestfullTOC:http://www.persistencemarketresearch.com/toc/3588 Keypointscoveredinthereport:- 1. Reportsegmentsthemarketonthebasisoftypes,application,products,technology,etc (asapplicable) Thereportcoversgeographicsegmentation NorthAmerica Europe Asia RoW Thereportprovidesthemarketsizeandforecastforthedifferentsegmentsand geographiesfortheperiodof2010to2020 Thereportprovidescompanyprofilesofsomeoftheleadingcompaniesoperatinginthemarket Thereportalsoprovidesportersfiveforcesanalysisofthemarket. 2.     3. 4. 5. Browsethefull“AllUpcomingPersistenceMarket's”reportat http://www.persistencemarketresearch.com/forthcoming-reports.asp AboutUs: PersistenceMarketResearchisaglobalmarketresearchfirmspecializing-syndicated research,customresearch,andconsultingservices. AtPersistenceMarketResearch(PMR),weareinthebusinessofacceleratingyourbusiness. Asafull-servicemarketresearchfirm,westandcommittedtobringingmoreaccuracyand 2 PersistenceMarketResearch

  3. PassengerVehiclesMarket-GlobalIndustryAnalysisand Forecastto2020 speedtoyourbusinessdecisions.Fromready-to-purchasemarketresearchreportsto customizedglobalresearchsolutions,ourengagementmodelsarehighlyflexiblewithoutcompromisingonourdeep-seatedresearchvalues.Brieflystated,ourmissionistogiveyouaccesstoforecastsandtrendsanalysesthatputyouonthepathtoprofitability. PMR’sServicesGoBeyondGleaningData: MostenterprisesbelievethatITanddatabasesareenoughtomakeanaccuratedecision.Whilewedonotdisputethat,considerthis:Howlongdoesittaketomakeanaccurateandstrategicmillion-dollardecision?Westrivetodeliverbothevenwithdemandingdeadlines. FacilitatingRapidandInformedBusinessDecisions PMRwasfoundedwithonegoalinmind:toofferenterprisesatangiblebusinessadvantagebycarefullybalancingtraditionalandmodern-dayresearchmethodologies. ContactUs: AddieThomes 305Broadway, 7thFloor, NewYorkCity,NY10007,UnitedStates. Phone:+1-646-568-7751 USA/CanadaTollFreeNumber. 1-800-961-0353 E-mail:Sales@persistencemarketresearch.com Web:http://www.persistencemarketresearch.com/ Blog:http://persistencemarketresearchblog.wordpress.com/ 3 PersistenceMarketResearch

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