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Scandinavia Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 56 Pages
  • September 2023
  • Region: Denmark, Norway, Sweden
  • MarketLine
  • ID: 5632651
Description Jump to:
Hybrid & Electric Cars in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 hybrid and 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 Scandinavian hybrid & electric cars market had total revenues of $25.8 billion in 2022, representing a compound annual growth rate (CAGR) of 33.5% between 2017 and 2022.
  • Market production volume increased with a CAGR of 32.2% between 2017 and 2022, to reach a total of 493,259.0 units in 2022.
  • The growth in the Scandinavian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to Sweden's National Institute of Economic Research, Sweden's consumer confidence indicator increased from a downwardly revised 63.8 in March 2023 to 65.1 in April 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 Scandinavia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Scandinavia
  • 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 Scandinavia hybrid & electric cars market with five year forecasts

Reasons to Buy

  • What was the size of the Scandinavia hybrid & electric cars market by value in 2022?
  • What will be the size of the Scandinavia hybrid & electric cars market in 2027?
  • What factors are affecting the strength of competition in the Scandinavia hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Scandinavia's hybrid & electric 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. Category segmentation
1.6. Geography segmentation
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. Category segmentation
4.2. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments on the market?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Renault SA
8.3. AB Volvo
8.4. General Motors Company
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: Scandinavia hybrid & electric cars market value: $ million, 2017-22
Table 2: Scandinavia hybrid & electric cars market volume: units, 2017-22
Table 3: Scandinavia hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 4: Scandinavia hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 5: Scandinavia hybrid & electric cars market geography segmentation: $ million, 2022
Table 6: Scandinavia hybrid & electric cars market value forecast: $ million, 2022-27
Table 7: Scandinavia hybrid & electric cars market volume forecast: units, 2022-27
Table 8: Toyota Motor Corporation: key facts
Table 9: Toyota Motor Corporation: Annual Financial Ratios
Table 10: Toyota Motor Corporation: Key Employees
Table 11: Toyota Motor Corporation: Key Employees Continued
Table 12: Toyota Motor Corporation: Key Employees Continued
Table 13: Renault SA: key facts
Table 14: Renault SA: Annual Financial Ratios
Table 15: Renault SA: Key Employees
Table 16: Renault SA: Key Employees Continued
Table 17: AB Volvo: key facts
Table 18: AB Volvo: Annual Financial Ratios
Table 19: AB Volvo: Key Employees
Table 20: AB Volvo: Key Employees Continued
Table 21: General Motors Company: key facts
Table 22: General Motors Company: Annual Financial Ratios
Table 23: General Motors Company: Key Employees
Table 24: General Motors Company: Key Employees Continued
Table 25: General Motors Company: Key Employees Continued
Table 26: Scandinavia exchange rate, 2018-22
List of Figures
Figure 1: Scandinavia hybrid & electric cars market value: $ million, 2017-22
Figure 2: Scandinavia hybrid & electric cars market volume: units, 2017-22
Figure 3: Scandinavia hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 4: Scandinavia hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 5: Scandinavia hybrid & electric cars market value forecast: $ million, 2022-27
Figure 6: Scandinavia hybrid & electric cars market volume forecast: units, 2022-27
Figure 7: Forces driving competition in the hybrid & electric cars market in Scandinavia, 2022
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Scandinavia, 2022
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Scandinavia, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Scandinavia, 2022
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Scandinavia, 2022
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Scandinavia, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Toyota Motor Corporation
  • Renault SA
  • AB Volvo
  • General Motors Company

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