Hybrid & Electric Cars in Canada
Hybrid & Electric Cars in Canada
Summary
Hybrid & Electric Cars in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Tesla Inc
Toyota Motor Corp
Ford Motor Co
Summary
Hybrid & Electric Cars in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Canadian hybrid & electric cars market recorded revenues of $12,103.5 million in 2024, representing a compound annual growth rate (CAGR) of 33.8% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 34.4% between 2019 and 2024, reaching a total of 401,103.0 units in 2024.
- The growth of the hybrid & electric cars market in Canada in 2024 was driven by high fuel prices. According to Natural Resources Canada, gasoline prices in Ontario increased by 6.8% in August 2024 compared to August 2023, influenced by rising crude oil costs, carbon pricing policies, and regional fuel regulations.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Canada
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada hybrid & electric cars market with five year forecasts by both value and volume
- What was the size of the Canada hybrid & electric cars market by value in 2024?
- What will be the size of the Canada hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the Canada hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in Canada's hybrid & electric cars market?
Tesla Inc
Toyota Motor Corp
Ford Motor Co
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?
8 COMPANY PROFILES
8.1. Tesla Inc
8.2. Toyota Motor Corp
8.3. Ford Motor Co
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most recent market developments?
8 COMPANY PROFILES
8.1. Tesla Inc
8.2. Toyota Motor Corp
8.3. Ford Motor Co
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Canada hybrid & electric cars market value: $ million, 2019-24
Table 2: Canada hybrid & electric cars market volume: Units, 2019-24
Table 3: Canada hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Canada hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Canada hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Canada hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Canada hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Toyota Motor Corp: Key Employees Continued
Table 15: Ford Motor Co: Key Facts
Table 16: Ford Motor Co: Annual Financial Ratios
Table 17: Ford Motor Co: Key Employees
Table 18: Ford Motor Co: Key Employees Continued
Table 19: Ford Motor Co: Key Employees Continued
Table 20: Ford Motor Co: Key Employees Continued
Table 21: Canada Size of Population (Million), 2020-24
Table 22: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Canada GDP (Current Prices, $ Billion), 2020-24
Table 24: Canada Inflation, 2020-24
Table 25: Canada Consumer Price Index (Absolute), 2020-24
Table 26: Canada Exchange Rate, 2019-24
Table 1: Canada hybrid & electric cars market value: $ million, 2019-24
Table 2: Canada hybrid & electric cars market volume: Units, 2019-24
Table 3: Canada hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Canada hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Canada hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Canada hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Canada hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Toyota Motor Corp: Key Employees Continued
Table 15: Ford Motor Co: Key Facts
Table 16: Ford Motor Co: Annual Financial Ratios
Table 17: Ford Motor Co: Key Employees
Table 18: Ford Motor Co: Key Employees Continued
Table 19: Ford Motor Co: Key Employees Continued
Table 20: Ford Motor Co: Key Employees Continued
Table 21: Canada Size of Population (Million), 2020-24
Table 22: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Canada GDP (Current Prices, $ Billion), 2020-24
Table 24: Canada Inflation, 2020-24
Table 25: Canada Consumer Price Index (Absolute), 2020-24
Table 26: Canada Exchange Rate, 2019-24
LIST OF FIGURES
Figure 1: Canada hybrid & electric cars market value: $ million, 2019-24
Figure 2: Canada hybrid & electric cars market volume: Units, 2019-24
Figure 3: Canada hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Canada hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Canada hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Canada hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Canada, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Canada, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Canada, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2024
Figure 1: Canada hybrid & electric cars market value: $ million, 2019-24
Figure 2: Canada hybrid & electric cars market volume: Units, 2019-24
Figure 3: Canada hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Canada hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Canada hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Canada hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Canada, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Canada, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Canada, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2024
