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Motor Vehicle Body Global Market Report 2022 – By Type Of Vehicle (Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses, Coaches), By End Use (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : September 2022 | SKU CODE : 7385 | Delivery Time: 2-3 business days | Format :


The motor vehicle body market consists of sales of the motor vehicle body and related services. Motor vehicle body industry establishments are primarily engaged in the manufacturing of automobile bodies such as truck, bus, and coach bodies.

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.

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.

The global motor vehicle body market grew from $160.11 billion in 2021 to $175.27 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The motor vehicle body market is expected to grow to $243.65 billion in 2016 at a CAGR of 8.6%.

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 motor vehicles, favouring the market’s growth.

Fluctuating prices of metals such as steel, iron, and aluminium 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 aluminium 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.

The automotive industry uses various structural materials, including iron, steel, and other metals. Recently, aluminium 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, aluminium is used predominately in the automotive industry due to its cost-effective and environment-friendly way to improve efficiency and performance, reduce emissions, and boost 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.

In September 2019, Spartan Motors Inc., a North American based company and a leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries, acquired Royal Truck Body (Royal) for an undisclosed amount. Through this acquisition, Spartan Motors Inc. expands its manufacturing operations into Southern California, Northern California, and additional West Coast markets, advancing its U.S. footprint strategy with six additional operating facilities located in California, Arizona, and Texas. Royal Truck Body is a California-based company and is a designer, manufacturer, and installer of service truck bodies and accessories.

Major players in the motor vehicle body market are Motor Coach Industries International, Blue Bird Global Corporation, Gillig, Mickey Truck Bodies, Utilimaster Corporation, Morgan Truck Body, Morgan Olson, McNeilus Companies, Truck Bodies & Equipment International, and Reading Truck Body.

Asia Pacific was the largest region in the motor vehicle body market in 2021. Western Europe was the second largest region in the motor vehicle body market. The regions covered in the motor vehicle body market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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

The global motor vehicle body market is segmented -

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

2) By End Use: OEM, Aftermarket

    Table Of Contents

    1. Executive Summary

    2. Motor Vehicle Body Market Characteristics

    3. Motor Vehicle Body Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Motor Vehicle Body Market

    3.2 Ukraine-Russia War Impact On Motor Vehicle Body Market

    3.3 Impact Of High Inflation On Motor Vehicle Body Market

    4. Motor Vehicle Body Market Size And Growth

    4.1. Global Motor Vehicle Body Historic Market, 2016-2021, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Motor Vehicle Body Forecast Market, 2021-2026F, 2026F, 2031F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Motor Vehicle Body Market Segmentation

    5.1. Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    Passenger Vehicle

    Light Commercial Vehicle

    Heavy Trucks

    Buses

    Coaches

    5.2. Global Motor Vehicle Body Market, Segmentation By End-Use, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    OEM

    Aftermarket

    6. Motor Vehicle Body Market Regional And Country Analysis

    6.1. Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    6.2. Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    7. Asia-Pacific Motor Vehicle Body Market  

    7.1. Asia-Pacific Motor Vehicle Body Market Overview  

    7.2. Asia-Pacific Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    8. China Motor Vehicle Body Market  

    8.1. China Motor Vehicle Body Market Overview  

    8.2. China Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F,$ Billion

    9. India Motor Vehicle Body Market  

    9.1. India Motor Vehicle Body Market Overview  

    9.2. India Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    10. Japan Motor Vehicle Body Market  

    10.1. Japan Motor Vehicle Body Market Overview  

    10.2. Japan Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    11. Australia Motor Vehicle Body Market  

    11.1. Australia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    12. Indonesia Motor Vehicle Body Market  

    12.1. Indonesia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    13. South Korea Motor Vehicle Body Market  

    13.1. South Korea Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    14. Western Europe Motor Vehicle Body Market  

    14.1. Western Europe Motor Vehicle Body Market Overview

    14.2. Western Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    15. UK Motor Vehicle Body Market  

    15.1. UK Motor Vehicle Body Market Overview

    15.2. UK Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    16. Germany Motor Vehicle Body Market  

    16.1. Germany Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    17. France Motor Vehicle Body Market  

    17.3. France Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    18. Eastern Europe Motor Vehicle Body Market  

    18.1. Eastern Europe Motor Vehicle Body Market Overview

    18.2. Eastern Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    19. Russia Motor Vehicle Body Market  

    19.1. Russia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    20. North America Motor Vehicle Body Market  

    20.1. North America Motor Vehicle Body Market Overview

    20.2. North America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    21. USA Motor Vehicle Body Market  

    21.1. USA Motor Vehicle Body Market Overview

    20.2. USA Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    22. South America Motor Vehicle Body Market  

    22.1. South America Motor Vehicle Body Market Overview

    22.2. South America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    23. Brazil Motor Vehicle Body Market  

    23.1. Brazil Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    24. Middle East Motor Vehicle Body Market  

    24.1. Middle East Motor Vehicle Body Market Overview

    24.2. Middle East Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion

    25. Africa Motor Vehicle Body Market  

    25.1. Africa Motor Vehicle Body Market Overview

    25.2. Africa Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, 2024F, 2026F, 2031F, $ Billion

    26. Motor Vehicle Body Market Competitive Landscape And Company Profiles

    26.1. Motor Vehicle Body Market Competitive Landscape

    26.2. Motor Vehicle Body Market Company Profiles

    26.2.1. Motor Coach Industries International

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. Blue Bird Global Corporation

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Gillig

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. Mickey Truck Bodies

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. Utilimaster Corporation

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

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

    28. Motor Vehicle Body Market Trends And Strategies

    29. Motor Vehicle Body Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 4: Global Motor Vehicle Body Market, Segmentation By End-Use, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 5: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 6: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 7: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 8: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 9: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 10: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 11: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 12: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 13: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 14: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 15: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 16: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 17: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 18: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 19: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 20: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 21: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 22: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 23: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 24: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 25: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Table 26: Motor Coach Industries International Financial Performance
  • Table 27: Blue Bird Global Corporation Financial Performance
  • Table 28: Gillig Financial Performance
  • Table 29: Mickey Truck Bodies Financial Performance
  • Table 30: Utilimaster Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 4: Global Motor Vehicle Body Market, Segmentation By End-Use, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 5: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 6: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 7: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 8: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 9: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 10: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 11: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 12: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 13: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 14: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 15: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 16: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 17: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 18: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 19: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 20: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 21: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 22: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 23: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 24: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 25: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2016-2019, , 2026F, 2031F, $ Billion
  • Figure 26: Motor Coach Industries International Financial Performance
  • Figure 27: Blue Bird Global Corporation Financial Performance
  • Figure 28: Gillig Financial Performance
  • Figure 29: Mickey Truck Bodies Financial Performance
  • Figure 30: Utilimaster Corporation Financial Performance
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