Family Car Market By Vehicle (Hatchback, Sedan, SUV, Others), By Propulsion (ICE, Electric): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Family Car Market," The family car market was valued at $1.3 trillion in 2022, and is estimated to reach $2.2 trillion by 2032, growing at a CAGR of 6.4% from 2023 to 2032.

SUVs in the family car market have become instrumental in driving the increasing sales of family vehicles. Their remarkable versatility, offering spacious interiors and adaptable seating configurations, directly aligns with the evolving needs of modern families. Furthermore, the inclusion of advanced safety features enhances the appeal of SUVs, making them a preferred choice for safety-conscious families.

The trend toward offering off-road capabilities caters to families with a sense of adventure and those who enjoy exploring diverse terrains. In addition, the escalating focus on economizing on fuel and embracing environmental sustainability has spurred the creation of hybrid and electric SUV variants. This strongly appeals to families aiming to curtail their ecological impact. The capacity for personalization and selection from a spectrum of SUV categories, encompassing compact, midsize, and full-size options, guarantees that families can discover a tailored vehicle suited to their distinct needs and inclinations. As a result, SUVs have not simply satisfied but also surpassed the multifaceted requirements of family life, solidifying their position as a significant driving factor behind the expanded sales of family vehicles.

ICE family cars hold a significant place in the automotive market, playing a crucial role in the increasing sales of family vehicles. Despite the rise of alternative power trains, their continued popularity can be attributed to several key factors. The ongoing focus on improving fuel efficiency ensures that ICE family cars remain relevant to budget-conscious families seeking economical transportation options.

Affordability is another driving force behind their sales, making these vehicles attractive to families looking for cost-effective choices without compromising their mobility needs. People really like traditional engines (ICE) in family cars because they are known for being reliable, and the proven technology behind them makes them even more popular in the market.. Moreover, ICE vehicles offer versatile power options, allowing families to select the most suitable fuel source for their preferences and regional infrastructure.

Moreover, the emergence of hybrid technologies that combine ICE engines with electric power enhances the appeal of ICE family cars, particularly for environmentally conscious families looking for improved fuel efficiency and reduced emissions without the need for extensive charging infrastructure. As such, ICE family cars are not only meeting but also exceeding the diverse demands of modern families, making them a significant contributor to the increasing sales of family vehicles.

The global family car market is segmented by vehicle, by propulsion, and by region. On the basis of vehicle, the market is divided into hatchbacks, sedan, SUV, and others. By propulsion, it is bifurcated into ICE and electric. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players covered in the report include Ford Motor Company, General Motors, Honda Motor Co., Ltd., Hyundai Motor Group, Kia Corporation, Nissan Motor Co. Ltd, Suzuki Motor Corporation, Tata Motors, Toyota Motor Corporation, and Volkswagen Group.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the family car market analysis from 2022 to 2032 to identify the prevailing family car market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the family car market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global family car market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Manufacturing Capacity
Industry life cycle assessment, by region
Installed Base analysis
Investment Opportunities
Technology Trend Analysis
Go To Market Strategy
Additional company profiles with specific to client's interest
Brands Share Analysis
Historic market data
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Vehicle

Hatchback
Sedan
SUV
Others

By Propulsion

ICE
Electric

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Suzuki Motor Corporation
Hyundai Motor Group
Toyota Motor Corporation
Volkswagen Group
NISSAN MOTOR CO., LTD.
Ford Motor Company
Kia Corporation
General Motors
Tata Motors
Honda Motor Co., Ltd.

Product Code: A10767

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Affordability to act as a price-performance balance in family cars
  - 3.4.1.2. Rise in Sales of EV to positively impact the Market
  - 3.4.1.3. SUV and Crossover Craze is Shaping the Family Car Landscape
- 3.4.2. Restraints
  - 3.4.2.1. Rise in Fuel Prices Pose a Challenge for Affordable Family Cars
  - 3.4.2.2. Change in Consumer Preferences to Negatively Impact the Family Car Sales
- 3.4.3. Opportunities
  - 3.4.3.1. Highly Advanced Safety Features is likely to Attract many Family Car Owners
  - 3.4.3.2. Aging Population and an Increase in Dual-Income Households to Influence Family Car Sales

CHAPTER 4: FAMILY CAR MARKET, BY VEHICLE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Hatchback
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Sedan
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. SUV
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: FAMILY CAR MARKET, BY PROPULSION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. ICE
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Electric
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: FAMILY CAR MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Vehicle
- 6.2.3. Market size and forecast, by Propulsion
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Vehicle
  - 6.2.4.1.2. Market size and forecast, by Propulsion
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Vehicle
  - 6.2.4.2.2. Market size and forecast, by Propulsion
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Vehicle
  - 6.2.4.3.2. Market size and forecast, by Propulsion
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Vehicle
- 6.3.3. Market size and forecast, by Propulsion
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. UK
  - 6.3.4.1.1. Market size and forecast, by Vehicle
  - 6.3.4.1.2. Market size and forecast, by Propulsion
  - 6.3.4.2. Germany
  - 6.3.4.2.1. Market size and forecast, by Vehicle
  - 6.3.4.2.2. Market size and forecast, by Propulsion
  - 6.3.4.3. France
  - 6.3.4.3.1. Market size and forecast, by Vehicle
  - 6.3.4.3.2. Market size and forecast, by Propulsion
  - 6.3.4.4. Italy
  - 6.3.4.4.1. Market size and forecast, by Vehicle
  - 6.3.4.4.2. Market size and forecast, by Propulsion
  - 6.3.4.5. Spain
  - 6.3.4.5.1. Market size and forecast, by Vehicle
  - 6.3.4.5.2. Market size and forecast, by Propulsion
  - 6.3.4.6. Russia
  - 6.3.4.6.1. Market size and forecast, by Vehicle
  - 6.3.4.6.2. Market size and forecast, by Propulsion
  - 6.3.4.7. Rest of Europe
  - 6.3.4.7.1. Market size and forecast, by Vehicle
  - 6.3.4.7.2. Market size and forecast, by Propulsion
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Vehicle
- 6.4.3. Market size and forecast, by Propulsion
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Vehicle
  - 6.4.4.1.2. Market size and forecast, by Propulsion
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Vehicle
  - 6.4.4.2.2. Market size and forecast, by Propulsion
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Vehicle
  - 6.4.4.3.2. Market size and forecast, by Propulsion
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Vehicle
  - 6.4.4.4.2. Market size and forecast, by Propulsion
  - 6.4.4.5. Indonesia
  - 6.4.4.5.1. Market size and forecast, by Vehicle
  - 6.4.4.5.2. Market size and forecast, by Propulsion
  - 6.4.4.6. Malaysia
  - 6.4.4.6.1. Market size and forecast, by Vehicle
  - 6.4.4.6.2. Market size and forecast, by Propulsion
  - 6.4.4.7. Rest of Asia-Pacific
  - 6.4.4.7.1. Market size and forecast, by Vehicle
  - 6.4.4.7.2. Market size and forecast, by Propulsion
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Vehicle
- 6.5.3. Market size and forecast, by Propulsion
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Latin America
  - 6.5.4.1.1. Market size and forecast, by Vehicle
  - 6.5.4.1.2. Market size and forecast, by Propulsion
  - 6.5.4.2. Middle East
  - 6.5.4.2.1. Market size and forecast, by Vehicle
  - 6.5.4.2.2. Market size and forecast, by Propulsion
  - 6.5.4.3. Africa
  - 6.5.4.3.1. Market size and forecast, by Vehicle
  - 6.5.4.3.2. Market size and forecast, by Propulsion

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Honda Motor Co., Ltd.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
8.2. Suzuki Motor Corporation
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
8.3. Hyundai Motor Group
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
8.4. Toyota Motor Corporation
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Volkswagen Group
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
8.6. NISSAN MOTOR CO., LTD.
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
8.7. Ford Motor Company
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
8.8. Kia Corporation
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
8.9. Tata Motors
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
8.10. General Motors
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments