Key Highlights
- The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
- The South Korean car manufacturing industry had total revenues of $67.2 billion in 2022, representing a compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
- Industry consumption volumes declined with a negative CAGR of 2.3% between 2017 and 2022, to reach a total of 3,540.4 thousand units in 2022.
- According to in-house research, South Korea accounted for a revenue share of 9.4% in 2022 in the Asia-Pacific region.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in South Korea
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea car manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the South Korea car manufacturing market by value in 2022?
- What will be the size of the South Korea car manufacturing market in 2027?
- What factors are affecting the strength of competition in the South Korea car manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's car manufacturing market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hyundai Motor Company
- Renault SA
- General Motors Company
- Mahindra & Mahindra Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 57 |
Published | April 2023 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 67.2 Billion |
Forecasted Market Value ( USD | $ 106.16 Billion |
Compound Annual Growth Rate | 9.5% |
Regions Covered | South Korea |