US Automotive Industry Summary
The US Automotive Industry is projected to grow from 440 USD Billion in 2024 to 650 USD Billion by 2035, reflecting a robust growth trajectory.
Key Market Trends & Highlights
US Automotive Industry Key Trends and Highlights
- The market valuation is expected to reach 650 USD Billion by 2035, indicating substantial growth potential.
- From 2025 to 2035, the industry is anticipated to experience a compound annual growth rate of 3.61%.
- The market is currently valued at 440 USD Billion in 2024, showcasing a solid foundation for future expansion.
- Growing adoption of electric vehicles due to increasing environmental regulations is a major market driver.
Market Size & Forecast
| 2024 Market Size | 440 (USD Billion) |
| 2035 Market Size | 650 (USD Billion) |
| CAGR (2025 - 2035) | 3.61% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)
