New Cars in Australia

November 2024 | 46 pages | ID: ND050535DA7EN
MarketLine

Abstracts

New Cars in Australia

Summary

New Cars in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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.
• The Australian new cars market recorded revenues of $25.7 billion in 2023, representing a compound annual growth rate (CAGR) of 4.4% between 2018 and 2023.
• Market consumption volume increased with a CAGR of 4.3% between 2018 and 2023 to reach a total of 890.7 thousand units in 2023.
• According to GlobalData, in 2023, the revenue of the Australian new cars market recorded an annual growth of 14.8%. The growth is primarily driven by the increasing consumer demand for higher-end vehicles, enhanced features, and advanced technologies.

Scope

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

Reasons to Buy

• What was the size of the Australia new cars market by value in 2023?
• What will be the size of the Australia new cars market in 2028?
• What factors are affecting the strength of competition in the Australia new cars market?
• How has the market performed over the last five years?
• What are the main segments that make up Australia's new cars market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
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. 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. Market share
7.2. Who are the leading players?
7.3. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?

8 COMPANY PROFILES

8.1. Hyundai Motor Co
8.2. Toyota Motor Corp
8.3. Mazda Motor Corp
8.4. Renault-Nissan-Mitsubishi Alliance

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

LIST OF TABLES

Table 1: Australia new cars market value: $ billion, 2018-23
Table 2: Australia new cars market volume: units, 2018-23
Table 3: Australia new cars market geography segmentation: $ billion, 2023
Table 4: Australia new cars market value forecast: $ billion, 2023-28
Table 5: Australia new cars market volume forecast: units, 2023-28
Table 6: Australia new cars market share: % share, by volume, 2023
Table 7: Hyundai Motor Co: Key Facts
Table 8: Hyundai Motor Co: Annual Financial Ratios
Table 9: Hyundai Motor Co: Key Employees
Table 10: Toyota Motor Corp: Key Facts
Table 11: Toyota Motor Corp: Annual Financial Ratios
Table 12: Toyota Motor Corp: Key Employees
Table 13: Toyota Motor Corp: Key Employees Continued
Table 14: Mazda Motor Corp: Key Facts
Table 15: Mazda Motor Corp: Annual Financial Ratios
Table 16: Mazda Motor Corp: Key Employees
Table 17: Mazda Motor Corp: Key Employees Continued
Table 18: Mazda Motor Corp: Key Employees Continued
Table 19: Mazda Motor Corp: Key Employees Continued
Table 20: Renault-Nissan-Mitsubishi Alliance: Key Facts
Table 21: Australia Size of Population (million), 2019-23
Table 22: Australia Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 23: Australia GDP (Current Prices, $ Billion), 2019-23
Table 24: Australia Inflation, 2019-23
Table 25: Australia Consumer Price Index (Absolute), 2019-23
Table 26: Australia Exchange Rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: Australia new cars market value: $ billion, 2018-23
Figure 2: Australia new cars market volume: units, 2018-23
Figure 3: Australia new cars market geography segmentation: % share, by value, 2023
Figure 4: Australia new cars market value forecast: $ billion, 2023-28
Figure 5: Australia new cars market volume forecast: units, 2023-28
Figure 6: Forces driving competition in the new cars market in Australia, 2023
Figure 7: Drivers of buyer power in the new cars market in Australia, 2023
Figure 8: Drivers of supplier power in the new cars market in Australia, 2023
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Australia, 2023
Figure 10: Factors influencing the threat of substitutes in the new cars market in Australia, 2023
Figure 11: Drivers of degree of rivalry in the new cars market in Australia, 2023
Figure 12: Australia new cars market share: % share, by volume, 2023