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Automotive Manufacturing Top 5 Emerging Markets – China leading the way
The top 5 emerging countries in the automotive manufacturing industry comprise the key emerging economies in the world: Brazil, China, India, Mexico and South Africa. According to MarketLine’s new ‘Automotive Manufacturing – Top 5 Emerging Markets Industry Guide’ the top 5 emerging countries contributed $332,800.2 million to the global automotive manufacturing industry in 2010, with a compound annual growth rate (CAGR) of 11.1% between 2006 and 2010.
The report reveals that China is the leading country among the top 5 emerging nations, with market revenues of $174,000 million in 2010.
TOP 5 EMERGING COUNTRIES AUTOMOTIVE MANUFACTURING INDUSTRY OUTLOOK
The top 5 emerging countries are expected to reach a value of $549,257.4 million in 2015, with a CAGR of 10.5% over the 2010-15 period.