Study Id60897 Tesla-Report

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INDUSTRIES & MARKETS

Tesla - Market Data


Analysis & Forecast

December 2022
Agenda

01 Overview 04 Appendix
Market definition Recommended studies & reports
Make profile Analysis by country
Executive summary Methodology
Passenger Cars market worldwide Country/territory coverage
Technical Specifications Included models
Product overview and authors
02 Analysis by region
Market share
Revenue and unit sales
Price comparison

03 Analysis by segment
Core segments
Growth-share matrix
In-depth segment analysis

2
CHAPTER 01

Overview

• Make profile

• Executive summary

• Passenger Cars market worldwide


The Passenger Cars market is an essential part of the Statista Mobility Market
Outlook
Overview: market definition

In scope Out of scope

• Tesla passenger cars • Motorcycles, Buses and Trucks


• The Passenger Cars market of the Statista Mobility
Outlook provides information about passenger cars,
including small and large cars, SUVs, luxury vehicles
and sports cars, among others.

• All key figures shown represent the sales of new


cars in the basic configuration in the respective year.
Used vehicles are not taken into account, nor is
adapted equipment for the new cars sold. The
prices and revenues shown as well as the
distribution of connectivity, drive types, autonomy
levels, and average CO2 emissions are accordingly
based on the basic models.

Sources: Statista Mobility Market Outlook 2022


Tesla sold about 0.3 million cars worldwide(1) in 2021
Overview: make profile

About Tesla Key Facts

Tesla is a U.S.-American company focusing on sustainable cars, power stores and


photovoltaic systems headquartered in Silicon Valley, USA, which was founded in Group: Tesla
2003. The founders’ aspiration was to show that electric cars can be technically Founded: 2003
superior to gasoline-driven cars. Tesla cars are exclusively battery-driven, and the
Headquarters: Palo Alto, United States
brand stands for dynamic and efficient cars. Tesla’s mission is “to accelerate the
world’s transition to sustainable energy”. In 2008, Tesla started the production of CEO: Elon Musk
the Tesla Roadster, the first car using lithium-ion cells. This was followed by a Largest segment: SUVs
higher-class model, the Model S, and a medium-sized SUV, the Model X. Since 2018,
Website: http://tesla.com/
Tesla has also offered the Model 3, a mid-range sedan, which is the best-selling
Tesla model.

In the future, a crossover vehicle and a pickup truck will also be a part of the
US$20.2bn +20.9%
company's line-up. In the field of autonomous driving, Tesla includes many
Revenue in 2021 CAGR(2) 2016-2021
assistance systems in their cars, such as the Autopilot, which is an advanced driver-
0.3m +30.1%
assistance system, including features such as lane guidance, adaptive cruise control
cars sold in CAGR(2) 2016-2021
and automated parking. The introduction of a fully autonomous car was planned Unit sales 2021
for the end of 2019.

5 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook (2) CAGR: Compound Annual Growth Rate / average growth rate per year

Sources: Statista Mobility Market Outlook 2022


In 2021, the make realized 58% of its worldwide revenue in the SUVs segment
Overview: executive summary

Executive summary Tesla Passenger Cars(1) revenue worldwide(2) in 2021

• Tesla realized a total revenue of US$20.2 billion worldwide, while the total market
11%
revenue amounted to US$1.8 trillion in 2021.

• The largest passenger cars segment, SUVs, accounted for 58% of Tesla's revenue
in 2021.
Passenger Cars
• Tesla's second largest segment was the Large Cars segment. It accounted for 31% revenue
of the makes revenue in 2021. US$20.2bn 31%
58% in 2021
• In the market share by revenue category, Toyota (12.0%), Ford (7.3%) and
Volkswagen (6.3%) take the lead worldwide. Tesla had a 1.12% market share.

Sports Large SUVs


Cars Cars

6 Notes: (1) Data on Luxury Cars is not available for China. Undefined refers to the revenue share from the unit sales of unclassified vehicles (2) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


Tesla's global market share grew from 0.35% in 2016 to 1.10% in 2021
Overview: Passenger Cars Market worldwide (1/4)

Passenger Cars(1) revenue worldwide(2) in 2016 Passenger Cars(1) revenue worldwide(2) in 2021

0.3% 1.1%

Passenger Cars Passenger Cars


revenue revenue
US$2.3tn US$1.8tn
in 2016 in 2021

99.7% 98.9%

Other Tesla Other Tesla

7 Notes: (1) Data on Luxury Cars is not available for China (2) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


Tesla continues to grow globally with a CAGR(1) of 14.6%
Overview: Passenger Cars Market worldwide (2/4)

Tesla's passenger cars revenues worldwide(2) in billion US$

+14.6%(1) 24.0 24.5


23.1 22.7
20.2 20.2 20.7
19.7

16.5 16.5

9.5
7.8
5.5
4.1

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

8 Notes: (1) CAGR: Compound Annual Growth Rate / average growth rate per year (2) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


9
Toyota 12.0%

Notes:
Ford 7.3%
Volkswagen 6.3%
Honda 6.1%
revenue

Nissan 5.2%
Hyundai 5.1%
Mercedes-Benz 5.0%

Sources: Statista Mobility Market Outlook 2022


BMW 4.8%
Chevrolet 4.0%
Audi 3.4%
Kia 3.0%
Jeep 2.3%
Mazda 2.0%
Overview: Passenger Cars Market worldwide (3/4)

(1) Worldwide includes all countries that are covered by the Mobility Market Outlook
Suzuki 1.8%
Renault 1.6%
Buick 1.6%
Market share of passenger cars revenue worldwide in 2021

Peugeot 1.5%
Volvo 1.5%
Lexus 1.3%
Subaru 1.3%
Land Rover 1.2%
Tesla 1.1%
Ram 1.1%
GMC 1.1%
Porsche 1.0%
Mitsubishi 0.9%
Citroën 0.9%
BYD 0.9%
Skoda 0.9%
Geely 0.8%
Fiat 0.8%
Cadillac 0.7%
Dongfeng 0.7%
Opel/Vauxhall 0.7%
Changan 0.7%
Infiniti 0.5%
Chery 0.5%
Dodge 0.5%
SEAT 0.5%
Haval 0.5%
Lincoln 0.4%
Chrysler 0.3%
Acura 0.3%
Ferrari 0.3%
Tesla achieved a 1.12% market share of the worldwide(1) passenger cars market

Wuling 0.3%
10
Toyota 12.1%

Notes:
Ford 6.9%
Volkswagen 6.8%
Hyundai 6.4%
Honda 6.3%
Nissan 5.3%

Sources: Statista Mobility Market Outlook 2022


Chevrolet 4.4%
Kia 3.4%
Suzuki 2.8%
Mercedes-Benz 2.6%
BMW 2.6%
Renault 2.4%
Overview: Passenger Cars Market worldwide (4/4)

(1) Worldwide includes all countries that are covered by the Mobility Market Outlook
Audi 2.1%
Mazda 2.1%
Peugeot 1.9%
Buick 1.6%
Market share of passenger cars unit sales worldwide(1) in 2021

Geely 1.5%
Changan 1.5%
Jeep 1.3%
Fiat 1.3%
Subaru 1.2%
Chery 1.1%
Skoda 1.1%
Ram 1.1%
Mitsubishi 1.1%
Citroën 1.0%
Dongfeng 1.0%
BYD 0.9%
Wuling 0.9%
Opel/Vauxhall 0.9%
Haval 0.9%
Out of all Passenger Cars sold in 2021, 0.6% are of Tesla make

Volvo 0.9%
GMC 0.8%
Dacia 0.7%
SEAT 0.7%
Lexus 0.6%
Tesla 0.6%
Baojun 0.4%
Land Rover 0.4%
MG 0.4%
Lada 0.4%
In 2021, passenger cars sold in Europe produced about 103 gCO2/km on
average
Overview: technical specifications (1/4)

Passenger Cars CO2 emissions(1) in g CO2/km in 2021

177

150
145 142 140
133
126 122 119
103

84
78 76 74
64

2014 2021 2027

Americas Australia & Oceania Asia Africa Europe

11 Notes: (1) Calculations for the emissions use the volume-weighted average emissions of base models

Sources: Statista Mobility Market Outlook 2022


Of all the passenger cars sold in 2021, about 92% can be classified as being
connected
Overview: technical specifications (2/4)

Passenger cars connected cars share(1) worldwide in 2021

2%
8%

43%

98%
92%

57%

2014 2021 2027

Connected Not Connected

12 Notes: (1) Calculations for the connected cars share based on base models

Sources: Statista Mobility Market Outlook 2022


At the detriment of petrol cars, electric passenger cars appear to be gaining
popularity as the people’s favorite in 2027
Overview: technical specifications (3/4)

Passenger cars fuel or drive-type share(1) worldwide in 2021

1% 1%
5% 7%
14% 7%
9%
28%

6%

85%
78%
60%

2014 2021 2027

Petrol Diesel Electric Hybrid Alternative

13 Notes: (1) Calculations for the fuel or drive-type share based on base models

Sources: Statista Mobility Market Outlook 2022


Autonomous 1 is expected to be the most popular autonomous driving level in
2027
Overview: technical specifications (4/4)

Passenger cars autonomous driving level share(1) worldwide in 2021

2%
8% 6%

26%
55% 36%

7%
67%
56%
39%

2014 2021 2027

Autonomous 1 Autonomous 2 Autonomous 0 Autonomous 3

14 Notes: (1) Calculations for the autonomous driving level share based on base models

Sources: Statista Mobility Market Outlook 2022


CHAPTER 02

Analysis by region

• Market share

• Revenue and unit sales

• Price comparison
With 3.1% of the market share, the U.S. is the largest market of Tesla
Analysis by region: market share (1/2)

Passenger Cars revenue share in 2021

3.1% 0.3% 0.0%

96.9% 99.7% 100.0%

United States Europe China

ROW(1) Country/Region

16 Notes: (1) Rest of the world

Sources: Statista Mobility Market Outlook 2022


Tesla achieved the highest revenue market share in Denmark and unit sales
share in the United States
Analysis by region: market share (2/2)

Market share of Tesla by revenue in 2021 Market share of Tesla by unit sales in 2021

Denmark 6.4% United States 2.1%

Norway 3.1% Denmark 1.8%

United States 3.1% Canada 1.2%

Ireland 2.9% Norway 1.2%

Canada 2.0% Ireland 0.9%

Sweden 0.8% Sweden 0.3%

Finland 0.8% Finland 0.2%

Hungary 0.6% Hungary 0.2%

Romania 0.4% United Kingdom 0.1%

United Kingdom 0.4% Romania 0.1%

17

Sources: Statista Mobility Market Outlook 2022


Passenger Cars sales of Tesla in the U.S. will grow with a CAGR(1) of 21.6%
between 2014 and 2027
Analysis by region: revenue and unit sales (1/3)

Tesla's passenger cars revenues in the United States in billion US$

+22%(1)
19.1 19.0
18.0 17.6
17.1
15.9 16.3
14.8

11.3 11.0

4.4 4.6
2.3
1.5

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

18 Notes: (1) CAGR: Compound Annual Growth Rate / average growth rate per year

Sources: Statista Mobility Market Outlook 2022


Tesla Passenger Cars sales continue their steady growth in Europe
Analysis by region: revenue and unit sales (2/3)

Tesla's passenger cars revenues in Europe in billion US$

+10%(1)

3.7

3.1
2.7 2.8
2.6 2.7 2.6
2.5
2.3
1.9
1.5
1.4
1.0
0.8

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

19 Notes: (1) CAGR: Compound Annual Growth Rate / average growth rate per year

Sources: Statista Mobility Market Outlook 2022


In 2021, 302 thousand Tesla cars were sold in the United States
Analysis by region: revenue and unit sales (3/3)

Passenger Cars unit sales in thousand


350
318.0 318.0
302.0
288.7
300 279.2
265.3 263.8
241.4
250

191.6 193.8
200

150

100

47.6 50.1
50 31.0 37.4
25.4 28.3 29.0 23.3 27.2 26.6 25.2 28.4
16.7 15.0 16.1 18.5
9.1 10.4
0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
United States Europe

20

Sources: Statista Mobility Market Outlook 2022


In Europe, Tesla cars cost 237% more than an average car
Analysis by region: price comparison

Average passenger cars prices(1) in 2021

+237%

98,802

+50%

56,724

37,817
29,360

Europe United States


Market Average Make Average

21 Notes: (1) Average price is a volume-weighted average price of base models

Sources: Statista Mobility Market Outlook 2022


CHAPTER 03

Analysis by segment

• Core segments

• Growth-share matrix

• In-depth segment analysis


Core segments of Tesla are Large Cars, Sports Cars and SUVs
Analysis by segment: core segments (1/3)

Revenue share in Tesla's portfolio in 2021 Core segments definition

We define core segments as segments


in which the make either generates at
SUVs (>10) 57.8% least 20% of their revenue or holds a
market leader position (top 10 in the
segment) with at least 10% of its
revenues generated in the segment.

Numbers in the brackets show the


Large Cars (>10) 31.4%
position of the make in the segment.

Sports Cars (1) 10.8%

Other segments Core segment

23

Sources: Statista Mobility Market Outlook 2022


Tesla's largest segment, SUVs, is a Question Mark segment
Analysis by segment: growth-share matrix

Worldwide(1) passenger cars growth and market share comparison(2) Growth-share matrix
market growth 21/20 The chart groups car segments by
35% relative market share and growth rates.
Question Marks Stars
30% Question Marks – low relative market
Sports share in a fast-growing market.
25%
Cars
20% Stars – large relative market share in a
fast-growing industry.
15% SUVs
Dogs – low relative market share in a
10% Large
slow growing market.
5% Cars
Cash Cows – large relative market share
0%
in a slow growing industry. The
-5% segments here are the most “mature”
-10% and they contribute growth without
Dogs Cash Cows additional investments.
-15%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Other segments Core segment relative market share

24 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook (2) Bubble size depicts revenue

Sources: Statista Mobility Market Outlook 2022


Out of the core segments, Tesla has the highest market share in the Sports Cars
segment
Analysis by segment: core segments (2/3)

Market share of core segments by revenue in 2021

97% 97% 99%

3% 3% 1%
Large Sports SUVs
Cars Cars

Make Other makes

25

Sources: Statista Mobility Market Outlook 2022


Tesla's SUVs cost 88.3% more than an average vehicle in the segment
Analysis by segment: core segments (3/3)

Average passenger cars prices(1) in 2021


+37%

97,633

+88%
71,043
63,724
+39%

48,400

34,832 33,850

Large Sports SUVs


Cars Cars
Market Average Make Average

26 Notes: (1) Average price is a volume-weighted average price of base models

Sources: Statista Mobility Market Outlook 2022


In the U.S., Large Cars of Tesla are more expensive than the market average
Analysis by segment: Large Cars (1/4)

Tesla's large cars segment sales worldwide(1) Average price(2) comparison in the segment in 2021

48,072
European Car segment: D (Large Cars)

U.S. Car segment: Mid-size Cars

Chinese Car segment: Category B 35,619

Also known as: Large Family Cars, Intermediate Cars, Compact Executive
Cars, Entry-level Luxury Cars

Tesla models: Model-3

Competitor Models: Audi A4, BMW 3 Series, Citroën C5, Ford Mondeo, Honda
Accord, Mazda 6, Mercedes-Benz C-Class, Opel Insignia, Peugeot 407, Toyota
Avensis, Volkswagen Passat
US$6.36bn +72.5%
Revenue in 2021 CAGR(3) 2016-2021
0.13m United
+67.9%
cars sold in CAGR(3) 2016-2021 States
Unit sales 2021
Market Average Make Average

27 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook
(2) Average price is a volume-weighted average price (3) CAGR: Compound Annual Growth Rate / average growth rate per year
Sources: Statista Mobility Market Outlook 2022
The Large Cars segment accounted for around 51% of Tesla's worldwide
revenue in 2021
Analysis by segment: Large Cars (2/4)

Revenue shares of Tesla from large cars sold worldwide(1) Share of the segment among car sales revenue in 2021

The Large Cars Market segment includes family passenger cars of an average
footprint around 4.30m² (46 ft²), an average mass around 1640kg (3620lbs)
and a passenger/cargo volume between 3.1 m³ and 3.4 m³ (110 ft³ and 119
ft³).
10%

United
States

34%
51%
43%

10% 7% 5% 8%

2016 2017 2018 2019 2020 2021 Market Average Make Average

28 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


29
Notes:
Toyota 15.1%

Volkswagen 10.6%

Honda 7.9%
revenue

Audi 6.9%

Sources: Statista Mobility Market Outlook 2022


BMW 6.8%

Mercedes-Benz 5.5%
Analysis by segment: Large Cars (3/4)

Hyundai 4.6%

Ford 4.5%

BYD 4.1%

(1) Worldwide includes all countries that are covered by the Mobility Market Outlook
Nissan 4.1%
Market share of large cars revenue worldwide(1) in 2021

Tesla 3.4%

Kia 3.2%

Buick 2.4%

Volvo 2.3%

Chevrolet 2.1%

Renault 1.8%

Mazda 1.8%

Infiniti 1.7%

Citroën 1.5%

Lexus 1.3%

Subaru 1.3%

Geely 1.3%

Peugeot 0.9%

Skoda 0.8%

Cadillac 0.7%

Opel/Vauxhall 0.6%

Jaguar 0.5%
Tesla achieved a 3.4% market share of the worldwide Large Cars market

Alfa Romeo 0.3%

Changan 0.3%

Lincoln 0.3%
30
Notes:
Toyota 15.7%

Volkswagen 11.9%

Honda 8.8%

BMW 5.5%

Sources: Statista Mobility Market Outlook 2022


Nissan 5.2%

Ford 5.1%
Analysis by segment: Large Cars (4/4)

Audi 5.0%

Hyundai 4.9%

Mercedes-Benz 4.5%

(1) Worldwide includes all countries that are covered by the Mobility Market Outlook
BYD 3.6%

Kia 2.9%
Market share of large cars unit sales worldwide(1) in 2021

Buick 2.9%

Chevrolet 2.9%

Tesla 2.5%

Volvo 2.0%

Geely 1.9%

Mazda 1.9%

Renault 1.9%

Citroën 1.3%

Subaru 1.2%

Infiniti 1.2%
Out of all Large Cars sold in 2021, 2.5% are of Tesla make

Lexus 1.0%

Skoda 1.0%

Peugeot 0.9%

Opel/Vauxhall 0.7%

Changan 0.7%

Cadillac 0.4%

Besturn 0.4%

Jaguar 0.3%

Alfa Romeo 0.3%


In the U.S., Sports Cars of Tesla are less expensive than the market average
Analysis by segment: Sports Cars (1/4)

Tesla's sports cars segment sales worldwide(1) Average price(2) comparison in the segment in 2021

100,107
European Car segment: S (Sports Coupes) 94,637 93,413
U.S. Car segment: Sports Cars, Two-seaters

Chinese Car segment: Category B


65,855
Also known as: Sportscars

Tesla models: Model-S, Roadster

Competitor Models: Audi TT, BMW i8, Cadillac XLR, Chevrolet Camaro,
Chrysler Crossfire, Jaguar XK, Ford Mustang, Porsche Boxster, Volkswagen Eos

US$2.19bn -13.8%
Revenue in 2021 CAGR(3) 2016-2021
United Europe
0.02m -15.1%
cars sold in CAGR(3) 2016-2021 States
Unit sales 2021
Market Average Make Average

31 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook
(2) Average price is a volume-weighted average price (3) CAGR: Compound Annual Growth Rate / average growth rate per year
Sources: Statista Mobility Market Outlook 2022
The Sports Cars segment accounted for around 18% of Tesla's worldwide
revenue in 2021
Analysis by segment: Sports Cars (2/4)

Revenue shares of Tesla from sports cars sold worldwide(1) Share of the segment among car sales revenue in 2021

The Sports Cars Market segment includes passenger cars of an average


footprint around 4.1m² (44 ft²), an average mass around 1565kg (3450lbs). 6%
The vehicles in this segment – usually two-seaters – are highly dynamic and
Europe
agile and are designed for high-speed driving. They are differentiated from so-
called performance cars by their luxury features and high price. 31%

3%
United
72% 79%
59% States
50%
6%
28%
18%

2016 2017 2018 2019 2020 2021 Market Average Make Average

32 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


Tesla achieved a 3.4% market share of the worldwide Sports Cars market
revenue
Analysis by segment: Sports Cars (3/4)

Market share of sports cars revenue worldwide(1) in 2021


14.0%

13.6%

10.8%

9.8%

8.8%

7.3%

5.8%

5.2%

4.0%

3.9%

3.4%

1.7%

1.5%

1.1%

1.0%

0.9%

0.9%

0.8%

0.6%

0.6%

0.5%

0.5%

0.5%

0.5%
Chevrolet
BMW

Ford

Toyota

Tesla

Aston Martin

Audi
Lamborghini

McLaren
Nissan

Volkswagen

Fiat
Hyundai

Maserati
Subaru

Peugeot

Opel/Vauxhall
Mazda

Mercedes-Benz

Lexus

Jaguar

Mercedes-AMG
Porsche

Ferrari

33 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


Out of all Sports Cars sold in 2021, 2.5% are of Tesla make
Analysis by segment: Sports Cars (4/4)

Market share of sports cars unit sales worldwide(1) in 2021


14.0%

13.6%

9.9%

9.5%

9.4%

8.0%

7.0%

6.3%

3.9%

3.8%

2.5%

1.8%

1.3%

1.1%

1.0%

1.0%

0.9%

0.7%

0.6%

0.5%

0.3%

0.3%

Mini 0.3%

Mercedes-AMG 0.2%
Fiat
Toyota

Volvo
Chevrolet

Peugeot

Lamborghini
Hyundai

Tesla

Opel/Vauxhall

Jaguar
MG
BMW

Mercedes-Benz
Mazda

Audi
Ford

Nissan

Subaru

Ferrari

Lexus
Volkswagen
Porsche

34 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


In Europe, SUVs of Tesla are more expensive than the market average
Analysis by segment: SUVs (1/4)

Tesla's small suvs segment sales worldwide(1) Average price(2) comparison in the segment in 2021

101,385
European Car segment: J (Sport Utility Cars)

U.S. Car segment: Sport Utility Vehicles

Chinese Car segment: Sport Utility Vehicles

Also known as: 4x4 60,361


Tesla models: Model-X
42,757
Competitor Models: Audi RSQ3, BMW X1, Kia Sorento, Land Rover
35,332
Freelander, Mazda CX7, Peugeot 4007, Tesla Model X,Audi SQ7, BMW X5, Land
Rover Range Rover, Nissan Pathfinder, Volvo XC90

US$11.69bn +32.8%
Revenue in 2021 CAGR(3) 2016-2021
0.18m Europe United
+43.8%
cars sold in CAGR(3) 2016-2021 States
Unit sales 2021
Market Average Make Average

35 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook
(2) Average price is a volume-weighted average price (3) CAGR: Compound Annual Growth Rate / average growth rate per year
Sources: Statista Mobility Market Outlook 2022
The SUVs segment accounted for around 31% of Tesla's worldwide revenue in
2021
Analysis by segment: SUVs (2/4)

Revenue shares of Tesla from SUVs sold worldwide(1) Share of the segment among car sales revenue in 2021

This market segment includes vehicles similar to light commercial vehicles,


which are mostly used as family cars. They have an average footprint 4.45m2 45%
(47ft2) and an average mass around 1890kg (4165lbs).
Europe

69%

57%
United
42%
36% States
28% 31%
18% 59%
14%

2016 2017 2018 2019 2020 2021 Market Average Make Average

36 Notes: (1) Worldwide includes all countries that are covered by the Mobility Market Outlook

Sources: Statista Mobility Market Outlook 2022


The Mobility Market Outlook reports provide comprehensive data which help
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37

Sources: Statista Mobility Market Outlook 2022


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38

Sources: Statista Mobility Market Outlook 2022


The United States is the largest Passenger Cars market worldwide in 2021
Analysis by country: top six countries (all manufacturers)

Passenger Cars revenue in the Americas in million US$ Passenger Cars revenue in Europe in million US$

United States 458,914 Germany 83,914


Brazil 42,350 United Kingdom 59,979
Mexico 11,962 France 44,196
Canada 10,652 Russia 37,460
Argentina 5,882 Italy 32,421
Chile 5,023 Spain 20,442

Passenger Cars revenue in Asia & Australia in million US$ Passenger Cars revenue in Africa in million US$

China 363,681 South Africa 7,102


Japan 95,042 Egypt 3,828
42,660
South Korea Morocco 3,739
Iran 28,090 Algeria 2,747
India 19,243 Tunisia 1,085
Australia 18,992 Nigeria 617

39

Sources: Statista Mobility Market Outlook 2022


The methodology of the Passenger Cars market model explained step-by-step
Methodology (1/3)

Research and data collection Data pre-processing Modeling and forecasting Quality assurance and output

Find and combine reliable sources Standardize input format, inspect Classification of different car Validation, adjustments, and
on passenger car makes, their missing data points and outliers, models and forecasting of publication of comparable key
sales figures and prices ensure consistency Passenger Cars market indicators

Our team of international experts We ensure that the information used in The Passenger Cars model takes into Extensive plausibility and consistency
identifies and evaluates available data our models is comparable and consideration the consumer behavior in checks of derived time series are done
sources. These include national expressed in standard units. Using an countries in which Passenger Cars are in order to assure the high level of
statistical offices and environment algorithmic approach, outliers are fast-moving products. The forecasting is quality of our market analysis. This
agencies, international associations, and eliminated, and missing data points are done on a make level for Passenger quality assurance also includes
annual reports by makes, as well as either estimated (if enough information Cars, using a mix of standard validations which are done using
their media centers and websites. is already available) or further approaches, e.g., exponential external sources.
researched. smoothing, and uses parameters which Model/make data is finally aggregated
best fit the historical data. into indicators for the Statista platform.

40

Sources: Statista Mobility Market Outlook 2022


For countries with a good data environment, we use a bottom-up approach to
calculate the revenue in the Passenger Cars market
Methodology (2/3)

Sources and benchmark:


Passenger Cars revenue
Validation through third-party studies
and benchmarks

Mini Cars Small Cars Medium Cars Luxury Cars


revenue revenue revenue revenue

Manufacturers websites, Passenger cars


Price of model (basic configuration) sales websites

Manufacturers websites, National


New passenger car sales by model Statistics Offices, Car Associations

41

Sources: Statista Mobility Market Outlook 2022


For countries which lack a strong data environment, we use a top-down
approach to calculate the revenue in the Passenger Cars market
Methodology (3/3)

Sources and benchmark:


New passenger cars sales/market share (by make/segment/topline)
Manufacturers websites, National
Statistics Offices, Car Associations

Own data, National Statistics offices,


Estimate class distribution & price of models (basic configuration) Manufacturer data, Passenger Cars
sales websites

Mini Cars Small Cars Medium Cars Luxury Cars


revenue revenue revenue revenue

Validation through third-party studies,


Passenger Cars revenue benchmarks, regional statistics

42

Sources: Statista Mobility Market Outlook 2022


In Europe, the Statista Mobility Market Outlook covers up to 44
countries/territories and 5 regions
Country/territory coverage (1/4)

Full list of countries, territories, and regions covered in the Statista Mobility Market Outlook

Europe Eastern Europe France Latvia


Southern Europe Armenia Germany Lithuania
Albania Azerbaijan Hungary Norway
Bosnia and Herzeg. Belarus Ireland Sweden
Croatia Bulgaria Luxembourg
Cyprus Georgia Netherlands
Greece Moldova Poland
Italy Romania Slovakia
North Macedonia Russia Switzerland
Malta Ukraine United Kingdom
Montenegro
Portugal Central & Western Northern Europe
Serbia Europe Denmark
Slovenia Austria Estonia
Spain Belgium Finland
Turkey Czechia Iceland

43

Sources: Statista Mobility Market Outlook 2022


In the Americas, the Statista Mobility Market Outlook covers up to 26
countries/territories and 5 regions
Country/territory coverage (2/4)

Full list of countries, territories, and regions covered in the Statista Mobility Market Outlook

Americas Central America Caribbean


South America Belize Cuba
Argentina Costa Rica Dominican Republic
Bolivia El Salvador Haiti
Brazil Guatemala Jamaica
Chile Honduras Puerto Rico
Colombia Nicaragua
Ecuador Panama
Guyana
Paraguay North America
Peru Canada
Suriname Mexico
Uruguay United States

44

Sources: Statista Mobility Market Outlook 2022


In Asia and Australia & Oceania, the Statista Mobility Market Outlook covers up
to 43 countries/territories and 7 regions
Country/territory coverage (3/4)

Full list of countries, territories, and regions covered in the Statista Mobility Market Outlook

Asia Lebanon Timor-Leste Uzbekistan


South Asia Oman Vietnam
Bangladesh Qatar Australia & Oceania
Bhutan Saudi Arabia East Asia Australia
India United Arab Emirates China Fiji
Nepal Hong Kong New Zealand
Pakistan Southeast Asia Japan Papua New Guinea
Sri Lanka Brunei Darussalam Mongolia
Cambodia South Korea
West Asia Indonesia Taiwan
Bahrain Laos
Iran Malaysia Central Asia
Iraq Myanmar Kazakhstan
Israel Philippines Kyrgyzstan
Jordan Singapore Tajikistan
Kuwait Thailand Turkmenistan

45

Sources: Statista Mobility Market Outlook 2022


In Africa, the Statista Mobility Market Outlook covers up to 39
countries/territories and 6 regions
Country/territory coverage (4/4)

Full list of countries, territories, and regions covered in the Statista Mobility Market Outlook

Africa West Africa Mauritius Zimbabwe


North Africa Benin Namibia
Algeria Burkina Faso South Africa
Egypt Gambia
Morocco Ghana East Africa
Sudan Guinea Burundi
Tunisia Ivory Coast Ethiopia
Niger Kenya
Central Africa Nigeria Madagascar
Angola Senegal Malawi
Cameroon Sierra Leone Mozambique
Chad Togo Rwanda
Equatorial Guinea Seychelles
Gabon Southern Africa Tanzania
Republic of the Congo Botswana Uganda
Lesotho Zambia

46

Sources: Statista Mobility Market Outlook 2022


Overview of Tesla models
Models overview

Segment Car Models


Mini Cars -

Small Cars -

Medium Cars -

Large Cars Model-3

Executive Cars -

Luxury Cars -

Sports Cars Model-S, Roadster

Minivans -

SUVs Model-X

Full-size Vans -

Pickup Trucks -

47 Notes:

Sources: Statista Mobility Market Outlook 2022


MOBILITY MARKET OUTLOOK

Everything you need to know


about the future of mobility
The Mobility Market Outlook combines key mobility topics and
provides relevant figures and forecasts about the automotive
market and mobility services on a global scale. We analyze,
measure, and predict market behavior and share the results with
you.

• Mobility-related market insights, forecasts, and indicators


• Passenger cars in 12 car classes, 140+ makes, and 150+
countries and territories as well as 37 regions
• Insights into electric mobility and motorcycles
• 9 markets about shared mobility and in-depth data on
tourism

Find out more on:


Go to Outlook statista.com/outlook/mobility-markets

48
Authors

Maria Andrades Sanchez Marlon Braun


Senior Team Lead Junior Analyst

maria.andrades-sanchez@statista.com marlon.braun@statista.com

Dr. Maria Andrades Sanchez studied Demography at the University of Rostock in Marlon Braun studied Marketing & Business Studies at the University of Applied
Germany before she went on to study for her Ph.D. at the statistical faculty of Science Hamburg (B.Sc.). Currently he is studying Business Administration and Data
Sapienza University of Rome in Italy. Before joining Statista in 2019, she worked as Science (M.Sc.) at the Copenhagen Business School. Before working at Statista, he
the Head of the Data Analysis Department for an investment company in Cyprus. worked as a student assistant in the market research department of an advertising
Now, she leads several teams within the Strategic Insights Department as the platform.
Senior Team Lead Mobility & Industrial Markets at Statista.

49
www.statista.com

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