Philippines Car Manufacturing Market Summary, Competitive Analysis and Forecast to 2027

Car Manufacturing in Philippines industry profile provides top-line qualitative and quantitative summary information including: 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 passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
The Filipino car manufacturing industry had total revenues of $1.0 billion in 2022, representing a negative compound annual growth rate (CAGR) of 12.4% between 2017 and 2022.
Industry consumption volumes declined with a negative CAGR of 12.7% between 2017 and 2022, to reach a total of 61.3 thousand units in 2022.
In August 2022, Toyota requested for the Comprehensive Automotive Resurgence Strategy (CARS) incentives program to be extended until 2027 in order to satisfy the necessary production quota.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Philippines
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Philippines
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 Philippines car manufacturing market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the Philippines car manufacturing market by value in 2022?
What will be the size of the Philippines car manufacturing market in 2027?
What factors are affecting the strength of competition in the Philippines car manufacturing market?
How has the market performed over the last five years?
What are the main segments that make up Philippines's car manufacturing market?

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 share
1.8. Market rivalry
1.9. 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. Market share
7.2. Who are the leading players?
7.3. How are strategic alliances used by the leading companies?
7.4. How is new technology opening competition?
7.5. How are leading players progressing in the hybrid and electric cars segment?

8 Company Profiles

8.1. Toyota Motor Corporation
8.2. Hyundai Motor Company
8.3. Mitsubishi Motors Corporation

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. About the Publisher

List of Tables

Table 1: Philippines car manufacturing industry value: $ billion, 2017-22
Table 2: Philippines car manufacturing industry volume: thousand units, 2017-22
Table 3: Philippines car manufacturing industry category segmentation: % share, by volume, 2017-2022
Table 4: Philippines car manufacturing industry category segmentation: thousand units, 2017-2022
Table 5: Philippines car manufacturing industry geography segmentation: $ billion, 2022
Table 6: Philippines car manufacturing industry value forecast: $ billion, 2022-27
Table 7: Philippines car manufacturing industry volume forecast: thousand units, 2022-27
Table 8: Philippines car manufacturing industry share: % share, by volume, 2022
Table 9: Toyota Motor Corporation: key facts
Table 10: Toyota Motor Corporation: Annual Financial Ratios
Table 11: Toyota Motor Corporation: Key Employees
Table 12: Toyota Motor Corporation: Key Employees Continued
Table 13: Toyota Motor Corporation: Key Employees Continued
Table 14: Hyundai Motor Company: key facts
Table 15: Hyundai Motor Company: Annual Financial Ratios
Table 16: Hyundai Motor Company: Key Employees
Table 17: Hyundai Motor Company: Key Employees Continued
Table 18: Mitsubishi Motors Corporation: key facts
Table 19: Mitsubishi Motors Corporation: Annual Financial Ratios
Table 20: Mitsubishi Motors Corporation: Key Employees
Table 21: Mitsubishi Motors Corporation: Key Employees Continued
Table 22: Philippines size of population (million), 2018-22
Table 23: Philippines gdp (constant 2005 prices, $ billion), 2018-22
Table 24: Philippines gdp (current prices, $ billion), 2018-22
Table 25: Philippines inflation, 2018-22
Table 26: Philippines consumer price index (absolute), 2018-22
Table 27: Philippines exchange rate, 2018-22

List of Figures

Figure 1: Philippines car manufacturing industry value: $ billion, 2017-22
Figure 2: Philippines car manufacturing industry volume: thousand units, 2017-22
Figure 3: Philippines car manufacturing industry category segmentation: thousand units, 2017-2022
Figure 4: Philippines car manufacturing industry geography segmentation: % share, by value, 2022
Figure 5: Philippines car manufacturing industry value forecast: $ billion, 2022-27
Figure 6: Philippines car manufacturing industry volume forecast: thousand units, 2022-27
Figure 7: Forces driving competition in the car manufacturing industry in Philippines, 2022
Figure 8: Drivers of buyer power in the car manufacturing industry in Philippines, 2022
Figure 9: Drivers of supplier power in the car manufacturing industry in Philippines, 2022
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Philippines, 2022
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Philippines, 2022
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Philippines, 2022
Figure 13: Philippines car manufacturing industry 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
Hyundai Motor Company
Mitsubishi Motors Corporation

Table Information

Report Attribute	Details
No. of Pages	51
Published	April 2023
Forecast Period	2022 - 2027
Estimated Market Value ( USD ) in 2022	$ 0.98 Billion
Forecasted Market Value ( USD ) by 2027	$ 1.15 Billion
Compound Annual Growth Rate	3.1%
Regions Covered	Philippines

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Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Table Information

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