World Vehicle Population Tops 1 Billion

The number of vehicles in operation worldwide surpassed the 1 billion-unit mark in 2010 for the first time ever. According to Ward’s research, which looked at government-reported registrations and historical vehicle-population trends, global registrations jumped from 980 million units in 2009 to 1.015 billion in 2010.  - By John Sousanis. WardsAuto.com, Aug 15, 2011 9:00 AM

The figures reflect the approximate number of cars, light-, medium- and heavy-duty trucks and buses registered worldwide, but that does not include off-road, heavy-duty vehicles.

The 3.6% rise in vehicle population was the largest percentage increase since 2000, while the 35.6 million year-to-year unit increase was the second-biggest increase in overall volume ever.

The market explosion in China played a major role in overall vehicle population growth in 2010, with registrations jumping 27.5%. Total vehicles in operation in the country climbed by more than 16.8 million units, to slightly more than 78 million, accounting for nearly half the year’s global increase.

The leap in registrations gave China the world’s second-largest vehicle population, pushing it ahead of Japan, with 73.9 million units, for the first time.

India’s vehicle population underwent the second-largest growth rate, up 8.9% to 20.8 million units, compared with 19.1 million in 2009.

Brazil experienced the second largest volume increase after China, with 2.5 million additional vehicle registrations in 2010.
China vehicle registrations jumped 27.5% last year, more than any other country.

U.S. registrations grew less than 1% last year, but the country’s 239.8 million units continued to constitute the largest vehicle population in the world.

See related content: World Vehicles in Operation

Vehicles in operation in 2010 equated roughly to a ratio of 1:6.75 vehicles to people among a world population of 6.9 billion, compared with 1:6.63 in 2009. But the distribution was not equal, even among the biggest markets.

In the U.S., the ratio was 1:1.3 among a population of almost 310 million – the highest vehicle-to-person ratio in the world. Italy was second with 1:1.45. France, Japan, and the U.K. followed, all of which fell in the 1:1.7 range.

In China, the ratio was 1:17.2 among the country’s more than 1.3 billion people. India, the world’s second most-populous nation with 1.17 billion people, saw a ratio of 1:56.3.

The world vehicle population in 2010 passed the 1 billion-unit mark 24 years after reaching 500 million in 1986. Prior to that, the vehicle population doubled roughly every 10 years from 1950 to 1970, when it first reached the 250 million-unit threshold.

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Source: http://wardsauto.com/ar/world_vehicle_population_110815/

Author: John Sousanis - jsousanis@wardsauto.com

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