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Resilience of the Asia-Pacific Market Due to China and India Drive Sales Growth
19-Jun-2025
Global
Market Outlook
MHAA-01-00-00-00
AU_2025_33581
In this study, Frost & Sullivan delivers a comprehensive analysis of the global light vehicle market, which grew 4% in 2024 to reach 83.8 million units, led by China’s dominance in electric vehicle (EV) adoption and domestic brand strength. The report provides in-depth analyses of the top five markets—China, the United States, India, Japan, and Germany—highlighting the policy, consumer, and powertrain shifts that will shape 2025.
Electrification trends are explored in detail, with the EV market projected to reach 20 million units sold globally in 2025, even as battery electric vehicle growth slows and hybrids regain traction. The analysis examines the resurgence of hybrid electric vehicles and plug-in hybrid electric vehicles, driven by regulatory pragmatism, affordability concerns, and shifting consumer behaviors.
Special focus is placed on BYD’s rise. Additionally, the report examines light vehicle production trends and profiles the top automotive trends expected to shape the period from 2025 to 2027, including platform consolidation, regulatory tightening, digital retailing, and supply chain innovation.
A dedicated section explores the outlook for connected, autonomous, shared, and electrified mobility, alongside evolving regulations tailored to each of these domains.
Author: Thanigesh Parthasarathi
Highlights of 2024
Global Light Vehicle Sales by Region in 2024 and 2025F
Top 10 Predictions for 2025
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Light Vehicle Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Research Scope
Vehicle Segmentation
Segmentation
Global Economy Beats Expectations in 2024, Growing at 3.2%
Trump 2.0 to Moderately Deepen Growth Slowdown while Raising Inflationary Pressures
Rollout of US Punitive Tariffs and Retaliatory Global Tariffs to Further Drive Diversification and Decentralization of Supply Chain Strategies
Global Light Vehicle Sales by Region in 2024 and 2025F
Top 5 Country Markets by Sales Volume in 2024
Top 5 Markets Predictions for 2025
Top 10 Automaker Performance in 2024
Major EV Manufacturers Forecast for 2025
Case Study: BYD Performance in 2024
OEM Market Share of Top 5 Countries, 2024
Top 10 Light Vehicle Model Sales 2024 vs 2023
Light Vehicle Production by Region
Global EV Production
Multipronged Approach to Shortlist Top Trends
Top Automotive Trends, Global, 2025–2027
Trend 1: Resurgence of HEVs
Trend 2: Chinese OEMs’ Expanding Manufacturing Footprint
Trend 3: Collaboration Between Automakers to De-Risk Innovation
Trend 4: Generative AI Adoption Across the Value Chain
Trend 5: Reimagining the Path to Net Zero
Regulations Overview
Connected Vehicle Sales by Region
Top Trends Driving the Global Connected Vehicle Market
Top 10 Trends for 2025
Top 5 Predictions for 2025
Global Autonomous Vehicle Regulations
ADAS and Autonomous Vehicle Sales Forecast
Top Trends Driving the Global ADAS and AD Industry
Top 5 Predictions for 2025
Top Highlights of 2024
Notable Regulations and Mandates
Top Trends of the Global Shared Mobility Market in 2024
Gross Market Value Share by Region
Fleet Market Share by Region
Top 5 Predictions for 2025
Highlights of 2024
Global LDV Sales Share by Powertrain and Region
Competitive Landscape: OEMs’ Powertrain Outlook
Global xEV Forecast
Top 5 Predictions for 2025
Growth Opportunity 1: EREVs as a Transition Catalyst in the Global Electrification Journey
Growth Opportunity 2: Chinese OEMs Expand Footprint Across Emerging and Strategic Markets
Growth Opportunity 3: Generative AI Enables Innovation in Automotive Products and Process Intelligence
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
Legal Disclaimer
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Impacting your company's future growth potential.
Electrification trends are explored in detail, with the EV market projected to reach 20 million units sold globally in 2025, even as battery electric vehicle growth slows and hybrids regain traction. The analysis examines the resurgence of hybrid electric vehicles and plug-in hybrid electric vehicles, driven by regulatory pragmatism, affordability concerns, and shifting consumer behaviors.
Special focus is placed on BYD’s rise. Additionally, the report examines light vehicle production trends and profiles the top automotive trends expected to shape the period from 2025 to 2027, including platform consolidation, regulatory tightening, digital retailing, and supply chain innovation.
A dedicated section explores the outlook for connected, autonomous, shared, and electrified mobility, alongside evolving regulations tailored to each of these domains.
Author: Thanigesh Parthasarathi
| Deliverable Type | Market Outlook |
|---|---|
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Light vehicle market growth 2025 |
| Keyword 2 | EV market outlook |
| Keyword 3 | Connected vehicle technology trends |
| Podcast | No |
| Predecessor | MHB7-01-00-00-00 |
| WIP Number | MHAA-01-00-00-00 |
Global Automotive Industry Outlook and Growth Opportunities, 2025
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