New Cars in the Czech Republic - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in the Czech Republic industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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 light pickups used predominantly in North America, 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 share data for the New Cars industry applies to 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. therefore where possible, market share data represents sales figures for every brand in that manufacturing group within each country.
- The Czech new cars market is expected to generate total revenues of $6.1bn in 2021, representing a compound annual growth rate (CAGR) of 0.1% between 2017 and 2021.
- Market consumption volume is forecast to decline with a compound annual rate of change (CARC) of -2.6% between 2017 and 2021, to reach a total of 244.0 thousand units in 2021.
- Economic growth in this country slowed in 2018 and 2019, which led to a drop in consumer confidence. As such, the sale of used cars has been growing against the new cars market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in the Czech Republic
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in the Czech Republic
- 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 Czech Republic new cars market with five year forecasts
- What was the size of the Czech Republic new cars market by value in 2021?
- What will be the size of the Czech Republic new cars market in 2026?
- What factors are affecting the strength of competition in the Czech Republic new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up the Czech Republic's new cars market?
Companies Mentioned
Volkswagen AG
Hyundai Motor Company
Groupe PSA (Inactive)
Renault SA
- 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. How are strategic alliances used by the leading companies?
- 7.4. How is new technology opening up competition?
- 7.5. How are leading players progressing in the hybrid and electric cars segment?
- 7.6. What impact is the COVID-19 pandemic having on leading players?
- 8 Company Profiles
- 8.1. Volkswagen AG
- 8.2. Hyundai Motor Company
- 8.3. Groupe PSA (Inactive)
- 8.4. Renault SA
- 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: Czech Republic new cars market value: $ billion, 2017-21(e)
- Table 2: Czech Republic new cars market volume: thousand units, 2017-21(e)
- Table 3: Czech Republic new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Czech Republic new cars market value forecast: $ billion, 2021-26
- Table 5: Czech Republic new cars market volume forecast: thousand units, 2021-26
- Table 6: Czech Republic new cars market share: % share, by volume, 2021(e)
- Table 7: Volkswagen AG: key facts
- Table 8: Volkswagen AG: Annual Financial Ratios
- Table 9: Volkswagen AG: Key Employees
- Table 10: Volkswagen AG: Key Employees Continued
- Table 11: Volkswagen AG: Key Employees Continued
- Table 12: Hyundai Motor Company: key facts
- Table 13: Hyundai Motor Company: Annual Financial Ratios
- Table 14: Hyundai Motor Company: Key Employees
- Table 15: Groupe PSA (Inactive): key facts
- Table 16: Groupe PSA (Inactive): Key Employees
- Table 17: Groupe PSA (Inactive): Key Employees Continued
- Table 18: Renault SA: key facts
- Table 19: Renault SA: Annual Financial Ratios
- Table 20: Renault SA: Key Employees
- Table 21: Renault SA: Key Employees Continued
- Table 22: Renault SA: Key Employees Continued
- Table 23: Renault SA: Key Employees Continued
- Table 24: Czech Republic size of population (million), 2017-21
- Table 25: Czech Republic gdp (constant 2005 prices, $ billion), 2017-21
- Table 26: Czech Republic gdp (current prices, $ billion), 2017-21
- Table 27: Czech Republic inflation, 2017-21
- Table 28: Czech Republic consumer price index (absolute), 2017-21
- Table 29: Czech Republic exchange rate, 2016-20
- List of Figures
- Figure 1: Czech Republic new cars market value: $ billion, 2017-21(e)
- Figure 2: Czech Republic new cars market volume: thousand units, 2017-21(e)
- Figure 3: Czech Republic new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Czech Republic new cars market value forecast: $ billion, 2021-26
- Figure 5: Czech Republic new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in the Czech Republic, 2021
- Figure 7: Drivers of buyer power in the new cars market in the Czech Republic, 2021
- Figure 8: Drivers of supplier power in the new cars market in the Czech Republic, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in the Czech Republic, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in the Czech Republic, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in the Czech Republic, 2021
- Figure 12: Czech Republic new cars market share: % share, by volume, 2021(e)
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