Key Highlights
- The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
- China dominated the Asia-Pacific new cars market, accounting for the largest share of 66.8% in 2022.
- The Asia-Pacific new cars market had total revenues of $862.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 2.0% between 2017 and 2022, to reach a total of 37,001.3 thousand units in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Asia-Pacific
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific new cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific new cars market by value in 2022?
- What will be the size of the Asia-Pacific new cars market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific new cars market?
- How has the market performed over the last five years?
- Who are the top competitiors in Asia-Pacific's new cars market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corporation
- Volkswagen AG
- Hyundai Motor Company
- Honda Motor Co., Ltd.