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

Region:Global

Author(s):

Product Code:7385

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Published on

April 2020

Total pages

200

Table of Content

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About the Report

About the Report

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, Reading Truck Body.
 
The global motor vehicle body market was worth USD 398.58 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10.76% and reach USD 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.
 
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 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.
 
The motor vehicle market covered in this report is segmented by type of vehicle into passenger vehicle, light commercial vehicle, heavy trucks, buses, coaches.
 
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 USD 425.0 per million ton in January 2017 to USD 568.0 per million ton in January 2019. Moreover, the prices of aluminum increased from USD 1670.8 million per ton in January 2017 to USD 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.
 
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.
 
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 USD 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.
 
 

Products

Products

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


Companies

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

Table of Contents

Table of Contents

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, USD 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, USD 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, USD 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, USD Billion

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

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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


List of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global Motor Vehicle Body Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global Motor Vehicle Body Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Asia-Pacific, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: China, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: India, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: Japan, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Australia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: Indonesia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: South Korea, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: Western Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: UK, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: Germany, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: France, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: Eastern Europe, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Russia, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: North America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: USA, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: South America, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: Brazil, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Middle East, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Africa, Motor Vehicle Body Market, Segmentation By Type Of Vehicle, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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

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