Mobility in South Korea

October 2023 | 23 pages | ID: M4A958AE4EFEEN
Euromonitor International Ltd

Abstracts

In 2023, the government reformed its electric vehicles subsidy plan, considering factors like price, vehicle performance, warranty infrastructure and battery energy. This is set to boost the electric vehicle market, especially favouring local brands. Also, as people’s mindsets are shifting from ownership to sharing, the markets for car rental and shared mobility are expanding rapidly. In public transport, subway fares in greater Seoul increased for the first time in eight years in 2023.

Euromonitor International's Mobility in South Korea report offers a comprehensive guide of the traditional and newly emerging mobility forms. The report is broken down into five key areas of industry research: automotive sales and ownership, electric and alternative fuel vehicles, shared mobility, public transport, and autonomous vehicles and connectivity. It provides the latest automotive sales and registration and shared mobility data over 2015-2020, allowing you to identify the sectors driving growth. It assesses the strategic analysis of key factors influencing the market - be they legislative, consumer lifestyle or economic. Forecasts in the reports are available to 2025.

Product coverage: Car Rental, Car Traffic Volume, Distances Travelled by Mode of Transport, Electric Charging Stations, Fuel Prices, Light Vehicle Sales, Light Vehicle Sales by Level of Autonomy (0-5), Shared Mobility, Vehicle Production, Vehicle Registrations, Vehicles in Use.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Mobility market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

MOBILITY IN SOUTH KOREA
HEADLINES
LIGHT VEHICLE SALES
Market background
Prospects
CHART 1 Light Vehicle Sales in South Korea 2017-2027
CHART 2 Car Sales by Segment in South Korea 2017-2027
CHART 3 Top Five Automotive Brands by Market Share in South Korea 2022 and Change 2017-2022
CHART 4 Top 10 Most Popular Light Vehicle Models in South Korea 2022
CHART 5 New vs Second-Hand Car Purchase in South Korea in the Coming Year 2023
ELECTRIC AND ALTERNATIVE FUEL VEHICLES
CHART 6 Electric Car Registrations in South Korea 2017-2027
CHART 7 Reasons for Not Buying an Electric Car in South Korea 2023
CHART 8 Electric Charging Stations by Type in South Korea 2017-2022
CHART 9 EV Charging by Location in South Korea 2023
SHARED MOBILITY
CHART 10 Shared Mobility Gross Bookings by Type in South Korea 2017-2027
CHART 11 Top Five Shared Mobility Brands by Market Share in South Korea 2022 and Change 2017-2022
CHART 12 Forecast Growth in Consumer Booking Value by Shared Mobility Type in South Korea 2022-2027
CHART 13 Typical Mode of Commute Using Shared Services in South Korea 2023
CHART 14 Anticipated Future Spending on Transportation by Mobility Mode in South Korea 2023
CAR RENTALS
CHART 15 Car Rental Sales in South Korea and Year-on-Year Growth 2017-2027
CHART 16 Car Rental Share of Sales by Channel in South Korea 2017-2027
CHART 17 Share of Car Rental Sales by Category in South Korea 2017-2027
CHART 18 Car Rental Total Transactions and Average Spend per Transaction in South Korea 2017-2027
CHART 19 Fleet Size and Year-on-Year Growth in South Korea 2017-2027
PUBLIC TRANSPORTATION
CHART 20 Frequency of Public Transport Use for Commuting in South Korea 2023
CHART 21 Frequency of Public Transport Use for Commuting by City Size in South Korea 2023
CHART 22 Public Transportation Use in 2022 and Growth 2017-2022 in Selected Cities
CHART 23 Number of Days per Week Commuting in South Korea 2023
AUTONOMOUS VEHICLES AND CONNECTIVITY
CHART 24 Attitudes to Autonomous Vehicles in South Korea 2022
CHART 25 Road Injury Accidents 2017-2022 and Road Injuries by City 2022
CHART 26 Road Network by Country 2022