According to GlobalData projections:
2025 global light vehicle sales: ~92.13 million units (+3.8%)
2026 global light vehicle sales: ~93.74 million units (+1.7%)
Key growth drivers are expected to come mainly from Asia (especially China) and several emerging markets.
Meanwhile, North America and Europe are forecast to recover more slowly, with growth relying more on structural shifts such as electrification, hybrid adoption, and export expansion.
📈 Impact
🚗 The Global Auto Market Enters a “Stable Competition Era”
Growth will no longer be explosive. Automakers will increasingly shift from chasing volume to focusing on profitability and product mix optimization.
⚡ EV and Hybrid Models Continue to Support Market Growth
Electrification remains the long-term direction, but future growth pace will depend heavily on policy support and charging infrastructure development.
🔧 Aftermarket Opportunities Expand Further
Rising vehicle parc means long-term demand for maintenance, repair, collision work, and body services-including Paintless Dent Repair (PDR)-will remain strong.
📉 Global Export Competition Will Intensify
Future expansion will rely more on overseas market penetration, making supply chain resilience and aftersales network development critical competitive factors.