Projections of Household Vehicle Consumption in the United States

Yi Zeng, Kenneth C. Land, Danan Gu and Zhenglian Wang
Additional contact information
Yi Zeng: Duke University, Center for Study of Aging and Human Development Medical School
Kenneth C. Land: Duke University, Department of Sociology and Center for Population Health and Aging Population Research Institute
Danan Gu: United Nations, Population Division
Zhenglian Wang: Duke University, Center for Population Health and Aging Population Research Institute

Chapter Chapter 11 in Household and Living Arrangement Projections, 2014, pp 189-207 from Springer

Abstract: Abstract Forecasts of household vehicle consumption are important for automobile market analyses and related socioeconomic planning. This chapter employs the ProFamy extended cohort-component method to project household vehicle consumption from 2000 to 2025 across four regions of the United States (the Northeast, Midwest, South, and West). The results show that the total number of household vehicles (The term “household vehicles” refers to vehicles for household use in this book) in 2025 will reach 235 million, representing a 31 % increase over 25 years. About a half of the increase is due to the consumption of cars, while the household consumption of vans will increase at a faster rate than that of cars and trucks. Household vehicle consumption will grow more in white non-Hispanic and Hispanic households in comparison with black non-Hispanic and Asian and other non-Hispanic households. Owners of household vehicles in the United States will be aging quickly. Among households of different sizes, the largest increase in household vehicles will come from two-person households. Across the four regions, the largest increase in household vehicle consumption will be in the South, followed by the West, Midwest, and Northeast.

Keywords: Ownership Rate; Cumulative Increase; National Household Travel Survey; Household Vehicle; Household Income Category (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-90-481-8906-9_11

Ordering information: This item can be ordered from
http://www.springer.com/9789048189069

DOI: 10.1007/978-90-481-8906-9_11

Access Statistics for this chapter

More chapters in The Springer Series on Demographic Methods and Population Analysis from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().