Segment C represents 35.4% of the European passenger vehicle market (30 countries) in 2024
- The-segmentation of the European passenger car market in 2024 shows that the C-segment remains predominant, with a 35.4% market share, a slight increase compared to 2023 (34.9%).-segment B is close behind C-segment, with a market share of 32.7% in Europe in 2024, a slight increase compared to 2023 (31.8%). These two-segments are therefore consolidating their lead over all others.
- The D-segment is rather stable (14.9%) but has lost influence compared to the early 2000s (it then represented 16% of the market between 2005 and 2008).The E-segment has been in constant decline for around twenty years. It will represent only 6.0% of the European market in 2024, compared to 6.7% in 2023 and 7.0% in 2022. The D and E-segments are probably victims of high prices and the constant improvement in the performance of more compact models (particularly the C-segment) whose dimensions and performance are regularly increasing.
- The A-segment (4.2%) has been completely neglected by carmakers, but it could be reborn in the coming years, as the increase in the size, features and price of B-segment cars creates an increasingly gap below the B-segment.
- When analysing the European market by body type, the year 2024 shows an increasingly strong dominance of SUVs (54% of the market) against sedans (42%). Sedans still represented 80% of the European market between 2005 and 2009, and SUVs less than 10%. MPVs have practically disappeared from the market (1.5% of the market in 2024 compared to 15% in 2005). As for Vans (passenger transport versions of light utility vehicles), they have regained some strength in 2024, with 2.5% of the market.