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Asia-Pacific New Cars Market to 2027

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    Report

  • 53 Pages
  • November 2023
  • Region: Asia Pacific
  • MarketLine
  • ID: 5928211
Description Jump to:
New Cars in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Volkswagen AG
8.3. Hyundai Motor Company
8.4. Honda Motor Co., Ltd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Asia-Pacific new cars market value: $ billion, 2017-22
Table 2: Asia-Pacific new cars market volume: units, 2017-22
Table 3: Asia-Pacific new cars market geography segmentation: $ billion, 2022
Table 4: Asia-Pacific new cars market value forecast: $ billion, 2022-27
Table 5: Asia-Pacific new cars market volume forecast: units, 2022-27
Table 6: Asia-Pacific new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Volkswagen AG: key facts
Table 12: Volkswagen AG: Annual Financial Ratios
Table 13: Volkswagen AG: Key Employees
Table 14: Volkswagen AG: Key Employees Continued
Table 15: Hyundai Motor Company: key facts
Table 16: Hyundai Motor Company: Annual Financial Ratios
Table 17: Hyundai Motor Company: Key Employees
Table 18: Hyundai Motor Company: Key Employees Continued
Table 19: Honda Motor Co., Ltd.: key facts
Table 20: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 21: Honda Motor Co., Ltd.: Key Employees
Table 22: Honda Motor Co., Ltd.: Key Employees Continued
Table 23: Asia-Pacific exchange rate, 2018-22
List of Figures
Figure 1: Asia-Pacific new cars market value: $ billion, 2017-22
Figure 2: Asia-Pacific new cars market volume: units, 2017-22
Figure 3: Asia-Pacific new cars market geography segmentation: % share, by value, 2022
Figure 4: Asia-Pacific new cars market value forecast: $ billion, 2022-27
Figure 5: Asia-Pacific new cars market volume forecast: units, 2022-27
Figure 6: Forces driving competition in the new cars market in Asia-Pacific, 2022
Figure 7: Drivers of buyer power in the new cars market in Asia-Pacific, 2022
Figure 8: Drivers of supplier power in the new cars market in Asia-Pacific, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Asia-Pacific, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Asia-Pacific, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Asia-Pacific, 2022
Figure 12: Asia-Pacific new cars market share: % share, by volume, 2022

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.

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About the New Cars Market

The New Cars market is a segment of the Cars industry that focuses on the sale of recently manufactured vehicles. It is a highly competitive market, with manufacturers and dealers competing for customers. Consumers have a wide range of options when it comes to purchasing a new car, from traditional dealerships to online retailers. Many manufacturers offer incentives such as discounts, financing, and extended warranties to attract buyers. The New Cars market is also heavily influenced by technological advancements, with manufacturers introducing new features and technologies to their vehicles. This includes features such as autonomous driving, advanced safety systems, and improved fuel efficiency. Some of the major players in the New Cars market include Ford, General Motors, Toyota, Honda, Volkswagen, and Hyundai. Show Less Read more

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