Hybrid & Electric Cars in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid & electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The South Korean hybrid & electric car market recorded revenues of $16.72 billion in 2023, representing a compound annual growth rate (CAGR) of 28% between 2018 and 2023.
- Market production volume increased with a CAGR of 31.2% between 2018 and 2023, to reach a total of 473,476.0 units in 2023.
- According to GlobalData, South Korea held a 3.5% market share in the hybrid & electric car market in the Asia-Pacific market in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in South Korea
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the South Korea hybrid & electric cars market by value in 2023?
- What will be the size of the South Korea hybrid & electric cars market in 2028?
- What factors are affecting the strength of competition in the South Korea hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's hybrid & electric cars market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nissan Motor Co., Ltd.
- Tesla, Inc.
- Bayerische Motoren Werke AG
- Toyota Motor Corporation