Market Overview:
The global passenger vehicle Carnet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles across the globe, coupled with the rising disposable income of consumers. In addition, technological advancements in the automotive industry are also contributing to the growth of this market. The global passenger vehicle Carnet market is segmented on the basis of type, application and region. On the basis of type, it is divided into OEM and aftermarket segments. The OEM segment dominates this market owing to its high quality standards and longer product life cycle as compared to aftermarket products.
Product Definition:
A passenger vehicle carnet is a document that allows a vehicle to be temporarily imported into another country without paying customs duties or taxes. It is an important document for people who frequently travel between countries with their vehicles, as it can save them time and money.
OEM:
OEM (Original Equipment Manufacturer) is an organization which produces the automobile. In passenger vehicle camber market, OEM stands for Original Equipment Manufacturers. It is a company that manufactures the complete automobile including chassis, body parts and other mechanical components such as drive train and engine. The main objective of this company is to provide vehicles with unique features at competitive prices along with superior quality in order to gain a competitive advantage over others in the same industry.
Aftermarket:
Aftermarket is the second hand or new part of any product. Aftermarket can be defined as all the activities related to sales, purchases, and exchanges of used products for a new one after a product has been used. The main objective of aftermarket is to reduce the cost by buying a new product instead of using recycled one which reduces its life cycle and also helps in reducing pollution due to less use of resources like raw materials.
Application Insights:
The passenger vehicle carnet application segment is segregated into two categories, namely sedans and SUVs. The SUV segment held the largest share of over 40% in 2017. This large share is attributable to the growing demand for sport utility vehicles from developing countries such as China, India and Brazil. In addition, growth in sales of compact cars has been exceeding expectations since 2016 which has positively impacted the aftermarket sales of passenger vehicles carnets.
The compact car segment was estimated to account for a revenue-based CAGR of XX% during the forecast period owing to increasing production capacities by various manufacturers including Ford Motor Company, General Motors Company and Fiat Chrysler Automotive Group N.V.
Regional Analysis:
The North American region dominated the global passenger vehicle carnet market in 2017. The growth can be attributed to increasing sales of passenger vehicles in the U.S. and Mexico on account of strong economic growth, rising disposable income, and high standard of living coupled with a favorable regulatory framework for promoting investments across all industries.
Growth Factors:
- Increasing demand for passenger vehicles in developing countries
- Rising disposable income of the middle-class population
- Proliferation of e-commerce and growth in freight transportation
- Technological advancements in the automotive sector
- Stringent emission norms by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Carnet Market Research Report
By Type
OEM, Aftermarket
By Application
Sedan, SUV, MPV
By Companies
Google, Baidu, Alibaba, Tencent, ATA, Nokia, Apple, Uber
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Carnet Market Report Segments:
The global Passenger Vehicle Carnet market is segmented on the basis of:
Types
OEM, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sedan, SUV, MPV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baidu
- Alibaba
- Tencent
- ATA
- Nokia
- Apple
- Uber
Highlights of The Passenger Vehicle Carnet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEM
- Aftermarket
- By Application:
- Sedan
- SUV
- MPV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passenger Vehicle Carnet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Passenger Vehicle Carnet is a document that proves that the vehicle you are driving is registered and insured.
Some of the key players operating in the passenger vehicle carnet market are Google, Baidu, Alibaba, Tencent, ATA, Nokia, Apple, Uber.
The passenger vehicle carnet market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Vehicle Carnet Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Passenger Vehicle Carnet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Passenger Vehicle Carnet Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Passenger Vehicle Carnet Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Passenger Vehicle Carnet Market Size & Forecast, 2018-2028 4.5.1 Passenger Vehicle Carnet Market Size and Y-o-Y Growth 4.5.2 Passenger Vehicle Carnet Market Absolute $ Opportunity
Chapter 5 Global Passenger Vehicle Carnet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Passenger Vehicle Carnet Market Size Forecast by Type
5.2.1 OEM
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passenger Vehicle Carnet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passenger Vehicle Carnet Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 SUV
6.2.3 MPV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Vehicle Carnet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passenger Vehicle Carnet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passenger Vehicle Carnet Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Vehicle Carnet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passenger Vehicle Carnet Market Size Forecast by Type
9.6.1 OEM
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Passenger Vehicle Carnet Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 SUV
9.10.3 MPV
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passenger Vehicle Carnet Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Vehicle Carnet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passenger Vehicle Carnet Market Size Forecast by Type
10.6.1 OEM
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Passenger Vehicle Carnet Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 SUV
10.10.3 MPV
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passenger Vehicle Carnet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Vehicle Carnet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passenger Vehicle Carnet Market Size Forecast by Type
11.6.1 OEM
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Passenger Vehicle Carnet Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 SUV
11.10.3 MPV
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passenger Vehicle Carnet Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Vehicle Carnet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passenger Vehicle Carnet Market Size Forecast by Type
12.6.1 OEM
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Passenger Vehicle Carnet Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 SUV
12.10.3 MPV
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passenger Vehicle Carnet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Vehicle Carnet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passenger Vehicle Carnet Market Size Forecast by Type
13.6.1 OEM
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Passenger Vehicle Carnet Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 SUV
13.10.3 MPV
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passenger Vehicle Carnet Market: Competitive Dashboard
14.2 Global Passenger Vehicle Carnet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Baidu
14.3.3 Alibaba
14.3.4 Tencent
14.3.5 ATA
14.3.6 Nokia
14.3.7 Apple
14.3.8 Uber