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Motor Vehicle Body Global Market Report 2020-30: Covid 19 Impact and Recovery

Starting Price : $ 4000.00 | Pages : 150 | Published : March 2020 | SKU CODE : 7385 | Format :


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

The global motor vehicle body market was worth $398.58 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10.76% and reach $599.87 billion by 2023.

The motor vehicle body market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2019, Asia-Pacific was the largest region in the 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. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global production of motor vehicles increased from 94.9 million in 2016 to 95.6 million in 2018. Also, rising investments in the automotive industry have provided ample growth opportunities for players dealing in automotive manufacturing. According to India Brand Equity Foundation (IBEF), the Indian automotive industry has attracted Foreign Direct Investment (FDI) worth US$ 22.35 billion from April 2000 to June 2019. Thus, upsurge in the production of motor vehicles and rising investments anticipated driving the demand for motor vehicles body favoring the market’s growth.  

Fluctuating prices of metals such as steel, iron, and aluminum is projected to limit the growth of the motor vehicle body market. According to Trade Economics, the prices of steel increased from US$ 425.0 per million ton in January 2017 to US$ 568.0 per million ton in January 2019. Moreover, the prices of aluminum increased from US$ 1670.8 million per ton in January 2017 to US$ 1803.0 million per ton in January 2019. Therefore, the fluctuations in the prices of metal is 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 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 attributing to its cost-effective, and environment-friendly way to improve efficiency and performance, reduce emissions, boost fuel efficiency while improving and maintaining durability and safety. For instance, in April 2018, Tata Technologies announced the 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 of NIO. Tata Technologies, a Tata Group company, is engaged in providing services in engineering & design, manufacturing, management, and IT services to the automotive original equipment manufacturers and their suppliers.

In September 2019, Spartan Motors Inc., a North America based company, 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, the 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, a California based company, designer, manufacturer and installer of service truck bodies and accessories.

The major players in the global 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, Reading Truck Body, Miller Industries, Cottrell, Auto Truck Group, VT Hackney, J. B. Poindexter & Co., Truck Accessories Group, The Heil Co, New Flyer of America, Gvw Group, A.R.E. Accessories, Metalsa-Roanoke, Ic Bus, Supreme Corporation, McNeilus Truck and Manufacturing, Volvo Trucks North America, Horton Vans, Volvo Group North America, The Larson Group, The Reading Group, Utilimaster Holdings, Bae Systems Resolution

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

The Global Motor Vehicle Body Market is segmented: 1) By Type Of Vehicle: Passenger Vehicle, Light Commercial Vehicle, Heavy Trucks, Buses, Coaches

    1. Executive Summary

    2. Motor Vehicle Body Market Characteristics

    3. Motor Vehicle Body Market Size And Growth

    3.1. Global Motor Vehicle Body Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Motor Vehicle Body Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Motor Vehicle Body Market Segmentation

    4.1. Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Passenger Vehicle

    Light Commercial Vehicle

    Heavy Trucks

    Buses

    Coaches

    5. Motor Vehicle Body Market Regional And Country Analysis

    5.1. Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Motor Vehicle Body Market  

    6.1. Asia-Pacific Motor Vehicle Body Market Overview  

    6.2. Asia-Pacific Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Motor Vehicle Body Market  

    7.1. China Motor Vehicle Body Market Overview  

    7.2. China Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Motor Vehicle Body Market  

    8.1. India Motor Vehicle Body Market Overview  

    8.2. India Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Motor Vehicle Body Market  

    9.1. Japan Motor Vehicle Body Market Overview  

    9.2. Japan Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Motor Vehicle Body Market  

    10.1. Australia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Motor Vehicle Body Market  

    11.1. Indonesia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Motor Vehicle Body Market  

    12.1. South Korea Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Motor Vehicle Body Market  

    13.1. Western Europe Motor Vehicle Body Market Overview

    13.2. Western Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Motor Vehicle Body Market  

    14.1. UK Motor Vehicle Body Market Overview

    14.2. UK Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Motor Vehicle Body Market  

    15.1. Germany Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Motor Vehicle Body Market  

    16.3. France Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Motor Vehicle Body Market  

    17.1. Eastern Europe Motor Vehicle Body Market Overview

    17.2. Eastern Europe Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Motor Vehicle Body Market  

    18.1. Russia Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Motor Vehicle Body Market  

    19.1. North America Motor Vehicle Body Market Overview

    19.2. North America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Motor Vehicle Body Market  

    20.1. USA Motor Vehicle Body Market Overview

    20.2. USA Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Motor Vehicle Body Market  

    21.1. South America Motor Vehicle Body Market Overview

    21.2. South America Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Motor Vehicle Body Market  

    22.1. Brazil Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Motor Vehicle Body Market  

    23.1. Middle East Motor Vehicle Body Market Overview

    23.2. Middle East Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Motor Vehicle Body Market  

    24.1. Africa Motor Vehicle Body Market Overview

    24.2. Africa Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Motor Vehicle Body Market Competitive Landscape And Company Profiles

    25.1. Motor Vehicle Body Market Competitive Landscape

    25.2. Motor Vehicle Body Market Company Profiles

    25.2.1. Motor Coach Industries International

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Blue Bird Global Corporation

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Gillig

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Mickey Truck Bodies

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Utilimaster Corporation

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

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

    27. Motor Vehicle Body Market Trends And Strategies

    28. Motor Vehicle Body Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Motor Coach Industries International Financial Performance
  • Table 26: Blue Bird Global Corporation Financial Performance
  • Table 27: Gillig Financial Performance
  • Table 28: Mickey Truck Bodies Financial Performance
  • Table 29: Utilimaster Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Motor Coach Industries International Financial Performance
  • Figure 26: Blue Bird Global Corporation Financial Performance
  • Figure 27: Gillig Financial Performance
  • Figure 28: Mickey Truck Bodies Financial Performance
  • Figure 29: Utilimaster Corporation Financial Performance
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