Norway 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 Norwegian new cars market had total revenues of $7.2 billion in 2022, representing a compound annual growth rate (CAGR) of 3.2% between 2017 and 2022.
• The market consumption volume increased with a CAGR of 3.5% between 2017 and 2022, to reach a total of 172,626.0 units in 2022.
• According to in-house research, in 2022, Norway accounted for 1.8% of the European new cars market. However, as a result of the Russia-Ukraine conflict, market growth remained highly volatile.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Norway
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Norway
• 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 Norway new cars market with five year forecasts

Reasons to Buy

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