Passenger Vehicles Market (By Type: Compact, Midsize, Premium, Luxury, Others; By Body: MPV, SUV, Hatchback, Sedan, Others; By Application: Personal, Commercial, Electric; By Fuel Type: Petrol, Diesel, CNG, EV) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global passenger vehicles market size was accounted at USD 1.74 trillion in 2022 and is projected to hit around USD 3.44 trillion by 2032, growing at a CAGR of 7.06% during the forecast period from 2023 to 2032.