US Automotive Market Outlook, 2021: Market Drivers and Challenges, Trends and Company Analysis

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Nov 29, 2021, 06:45 ET

DUBLIN, Nov. 29, 2021 /PRNewswire/ -- The "United States Automotive Market Outlook, 2021 - Market Drivers and Challenges, Trends and Company Analysis" report has been added to ResearchAndMarkets.com's offering.

United States Automotive Market Outlook report presents forecasts of different vehicles including Passenger Cars, Commercial Vehicles, EV along with market Size, Share, Companies and Developments.

The global automotive industry is showing signs of recovery in H1-2021, after a weak backdrop during the last year. Continued momentum for electric vehicles is observed during the year and is likely to continue through 2022.

Strong consumer demand coupled with purchasing power parity is encouraging the underlying demand trends for vehicles in United States, with the market recovery to pre-pandemic levels. On the other hand, challenges related to supply chain disruptions, shortage of materials, in particular, semiconductor shortages, consumer demand fluctuation in major segments and others pose risks.

Leading industry trends including rapidly evolving customer preferences, technological advancements, impact of regulatory interventions, smart infrastructure and other trends are set to shape the future of United States automotive industry.

The report identifies the major market drivers of United States automotive markets over the forecast period. Further, potential challenges faced by United States automotive companies are discussed in the industry.

To gain insights into the different industry factors impacting the United States automobile market, the report analyzes the bargaining power of buyers and suppliers, threat of new entrants and substitutes, and the competitive rivalry in the industry through the five forces analysis chapter.

The prospects of investing in the United States automotive market are provided and compared with other countries in the region. These countries are compared on the automotive industry score and country score.

United States automotive sales including passenger car sales and commercial vehicle sales are forecast from 2020 to 2028. The impact of COVID pandemic on sales volume and the recovery scenarios are discussed in detail. Electric Vehicle sales are also discussed in detail in the industry.

Further, details on the production volume of passenger cars, light commercial vehicles, buses, trucks and others are provided along with historical data from 2016 to 2020 and forecasts from 2021 to 2028.

On the vendor landscape front, leading United States automobile manufacturers and distributors are analyzed, including details of their major strategies, key focus areas, market shares, SWOT profiles, and financial analysis are included in the report.

Reasons to Buy

Gain a quick overview of United States automotive industry megatrends
Identify the leading strategies and plans of key automotive companies
Compare the prospects of United States automobile market with other markets
Understand the recent technological developments
Plan your strategies through clear understanding of strengths, restraints, opportunities and threats
Prepare supply and demand forecasts of different automotive vehicle types
Understand competitive intelligence through detailed business profiles

Key Topics Covered:

Impact of COVID-19 and Possible Recovery Scenarios
Market Drivers and Challenges
Market Trends
Five Forces Analysis
United States Automotive Sales/Registrations Outlook, 2018- 2028
United States Automotive Production Outlook, 2018- 2028
Regional Perspective
United States Automotive Company Analysis

For more information about this report visit https://www.researchandmarkets.com/r/54mnju

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SOURCE Research and Markets