North America New Cars Market to 2027

Key Highlights

• The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
• The US captured the largest share of the North American new cars market, accounting for a share of 90.5% in 2022.
• The North American new cars market had total revenues of $555.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.8% between 2017 and 2022.
• Market consumption volumes declined with a negative CAGR of 6.0% between 2017 and 2022, to reach a total of 12,764.0 thousand units in 2022.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in North America
• Leading company profiles reveal details of key new cars market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America new cars market with five year forecasts

Reasons to Buy

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