Currently Asian countries are already listed as biggest car market once production base in the world . Automobile production capacity in Asian countries reached 22 million units in 2013 , or large enough to contribute a total of 87 million units of global production .
IHS Automotive predicts , China will account for 50 percent of the global population of cars in the world in 2021 . The next seven years , global automobile production will grow to 21 million units .
Since 2009 , car production has grown 25 million units as the industry recovers from the global crisis that occurred in 2008. Speed of growth rate is predicted to be lower for the 2014-2021 period , but China will grow fast to cover 50 percent of the total production later .
For this year , IHS Automotive predicts little to no decrease in the market in Russia and Turkey , thus restraining the growth of production in Europe so only 1 percent . But , in the period 2015-2017 , the conditions in Europe will increase by 4 percent per year , as the recovery of the domestic market and export performance to China and the U.S. are also growing. Source: Education Business.