May., 23, 2016, Mumbai, India: Market Reports on China presents the report, on “Passenger Vehicle Market in China 2016-2020”. This report has been prepared based on an in-depth market analysis with inputs from industry experts.
About the Passenger Vehicle Market in China
China is leading the global automotive industry since 2009, when it overtook the US in terms of total vehicle production. China represents one of the fastest-growing auto industries and is one of the key regions for original equipment manufacturers (OEMs) across the globe. Passenger cars are a key segment of the automotive industry in China. This segment constituted more than 80% of the total automotive industry (passenger cars commercial vehicles). The year 2015 recorded sales of 21.15 million vehicles in China, led by sedans and small cars, followed by SUV/crossovers, MPV, and luxury car segments, respectively.
This Reports analysts forecast the Passenger Vehicle Market in China to grow at a CAGR of 5.39% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Passenger Vehicle Market in China for 2016-2020.
Passenger Vehicle Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To view a full Executive Summary and Table of Contents, please visit:http://www.marketreportsonchina.com/industry-mfg-market-research-reports-21081/passenger-vehicle-china.html
About Author Bio: Sarah Davis is working with MarketReportsonChina which is a portal where you can access thousands of reports on China starting from Aeronautics to Zinc (A-Z). The website provides market reports on different sectors.