Canada Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027
Summary
Hybrid & Electric Cars in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The Canadian hybrid & electric cars market had total revenues of $9.7 billion in 2022, representing a compound annual growth rate (CAGR) of 63.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 55.5% between 2017 and 2022, to reach a total of 209,147.0 units in 2022.
- The growth in the Canadian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, the real GDP annual growth rate of Canada in 2022 stood at 3.7%, according to in-house research
- 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
- What was the size of the Canada hybrid & electric cars market by value in 2022?
- What will be the size of the Canada hybrid & electric cars market in 2027?
- 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?
- What are the main segments that make up Canada's hybrid & electric cars market?
- 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 recent developments on the market?
- 8 Company Profiles
- 8.1. Tesla, Inc.
- 8.2. General Motors Company
- 8.3. Toyota Motor Corporation
- 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, 2017–22
- Table 2: Canada hybrid & electric cars market volume: units, 2017–22
- Table 3: Canada hybrid & electric cars market category segmentation: % share, by value, 2017–2022
- Table 4: Canada hybrid & electric cars market category segmentation: $ million, 2017-2022
- Table 5: Canada hybrid & electric cars market geography segmentation: $ million, 2022
- Table 6: Canada hybrid & electric cars market value forecast: $ million, 2022–27
- Table 7: Canada hybrid & electric cars market volume forecast: units, 2022–27
- Table 8: Tesla, Inc.: key facts
- Table 9: Tesla, Inc.: Annual Financial Ratios
- Table 10: Tesla, Inc.: Key Employees
- Table 11: General Motors Company: key facts
- Table 12: General Motors Company: Annual Financial Ratios
- Table 13: General Motors Company: Key Employees
- Table 14: General Motors Company: Key Employees Continued
- Table 15: General Motors Company: Key Employees Continued
- Table 16: Toyota Motor Corporation: key facts
- Table 17: Toyota Motor Corporation: Annual Financial Ratios
- Table 18: Toyota Motor Corporation: Key Employees
- Table 19: Toyota Motor Corporation: Key Employees Continued
- Table 20: Toyota Motor Corporation: Key Employees Continued
- Table 21: Canada size of population (million), 2018–22
- Table 22: Canada gdp (constant 2005 prices, $ billion), 2018–22
- Table 23: Canada gdp (current prices, $ billion), 2018–22
- Table 24: Canada inflation, 2018–22
- Table 25: Canada consumer price index (absolute), 2018–22
- Table 26: Canada exchange rate, 2018–22
- List of Figures
- Figure 1: Canada hybrid & electric cars market value: $ million, 2017–22
- Figure 2: Canada hybrid & electric cars market volume: units, 2017–22
- Figure 3: Canada hybrid & electric cars market category segmentation: $ million, 2017-2022
- Figure 4: Canada hybrid & electric cars market geography segmentation: % share, by value, 2022
- Figure 5: Canada hybrid & electric cars market value forecast: $ million, 2022–27
- Figure 6: Canada hybrid & electric cars market volume forecast: units, 2022–27
- Figure 7: Forces driving competition in the hybrid & electric cars market in Canada, 2022
- Figure 8: Drivers of buyer power in the hybrid & electric cars market in Canada, 2022
- Figure 9: Drivers of supplier power in the hybrid & electric cars market in Canada, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2022
- Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2022
- Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2022
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