New Cars Global Industry Almanac 2019-2028


Summary

Global New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.


Key Highlights

  • New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
  • The global new cars market recorded revenues of $2,419.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 0.3% between 2018 and 2023, to reach a total of 68.9 million units in 2023.
  • Asia-Pacific dominated the global new cars market, capturing the largest market share of 45.8% in 2023.




Scope

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




Reasons To Buy

  • What was the size of the global new cars market by value in 2023?
  • What will be the size of the global new cars market in 2028?
  • What factors are affecting the strength of competition in the global new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the global new cars market?