New Cars in Asia-Pacific
Summary
New Cars in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the Asia-Pacific new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market shares consist of motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. Any currency conversions used in this report have been calculated at constant 2016 annual average exchange rates.
- The Asia-Pacific new cars market had total revenues of $714,347.6m in 2016, representing a compound annual growth rate (CAGR) of 6.3% between 2012 and 2016.
- Market consumption volume increased with a CAGR of 7.2% between 2012 and 2016, to reach a total of 36,579.2 thousand units in 2016.
- In recent years, growth of the Asia-Pacific market has been the result of the rising income of the population within this region. Consumers in developing countries such as China and India tend to increase the adoption of cars, as motorization rates are still low. The unstable growth pattern of the market has been shaped by the large contraction of emerging markets in Thailand and Indonesia, particularly in 2014-15, amid macroeconomic adversities. Additionally, the stagnation of the Japanese economy during the same period added to the saturation of the domestic market, also contributing to the growth deceleration of the market as a whole.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Asia-Pacific
- 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 Asia-Pacific new cars market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Asia-Pacific new cars market by value in 2016?
- What will be the size of the Asia-Pacific new cars market in 2021?
- What factors are affecting the strength of competition in the Asia-Pacific new cars market?
- How has the market performed over the last five years?
- Who are the top competitiors in Asia-Pacific's new cars market?