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

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    Report

  • 53 Pages
  • September 2023
  • Region: Spain
  • MarketLine
  • ID: 5632709
Description Jump to:
Hybrid & Electric Cars in Spain 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 Spanish hybrid & electric cars market had total revenues of $12.8 billion in 2022, representing a compound annual growth rate (CAGR) of 34.7% between 2017 and 2022.
  • Market production volume increased with a CAGR of 33.1% between 2017 and 2022, to reach a total of 224,864.0 units in 2022.
  • The growth in the Spanish 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 the Centro de Investigations Sociológicas, in June 2023, Spain's consumer confidence index reached its highest level since October 2021, rising from 73 to 92.4.

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 Spain
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Spain
  • 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 Spain hybrid & electric cars market with five year forecasts

Reasons to Buy

  • What was the size of the Spain hybrid & electric cars market by value in 2022?
  • What will be the size of the Spain hybrid & electric cars market in 2027?
  • What factors are affecting the strength of competition in the Spain hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Spain'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. BYD Company Limited
8.2. BAIC Motor Corporation Ltd
8.3. Toyota Motor Corporation
8.4. Tesla, Inc.
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: Spain hybrid & electric cars market value: $ million, 2017-22
Table 2: Spain hybrid & electric cars market volume: units, 2017-22
Table 3: Spain hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 4: Spain hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 5: Spain hybrid & electric cars market geography segmentation: $ million, 2022
Table 6: Spain hybrid & electric cars market value forecast: $ million, 2022-27
Table 7: Spain hybrid & electric cars market volume forecast: units, 2022-27
Table 8: BYD Company Limited: key facts
Table 9: BYD Company Limited: Annual Financial Ratios
Table 10: BYD Company Limited: Key Employees
Table 11: BAIC Motor Corporation Ltd: key facts
Table 12: BAIC Motor Corporation Ltd: Annual Financial Ratios
Table 13: BAIC Motor Corporation Ltd: Key Employees
Table 14: Toyota Motor Corporation: key facts
Table 15: Toyota Motor Corporation: Annual Financial Ratios
Table 16: Toyota Motor Corporation: Key Employees
Table 17: Toyota Motor Corporation: Key Employees Continued
Table 18: Toyota Motor Corporation: Key Employees Continued
Table 19: Tesla, Inc.: key facts
Table 20: Tesla, Inc.: Annual Financial Ratios
Table 21: Tesla, Inc.: Key Employees
Table 22: Spain size of population (million), 2018-22
Table 23: Spain gdp (constant 2005 prices, $ billion), 2018-22
Table 24: Spain gdp (current prices, $ billion), 2018-22
Table 25: Spain inflation, 2018-22
Table 26: Spain consumer price index (absolute), 2018-22
Table 27: Spain exchange rate, 2018-22
List of Figures
Figure 1: Spain hybrid & electric cars market value: $ million, 2017-22
Figure 2: Spain hybrid & electric cars market volume: units, 2017-22
Figure 3: Spain hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 4: Spain hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 5: Spain hybrid & electric cars market value forecast: $ million, 2022-27
Figure 6: Spain hybrid & electric cars market volume forecast: units, 2022-27
Figure 7: Forces driving competition in the hybrid & electric cars market in Spain, 2022
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Spain, 2022
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Spain, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Spain, 2022
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Spain, 2022
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Spain, 2022

Companies Mentioned (Partial List)

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

  • BYD Company Limited
  • BAIC Motor Corporation Ltd
  • Toyota Motor Corporation
  • Tesla, Inc.

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