New Cars in Europe - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 European new cars market is forecast to generate total revenues of $485.9bn in 2021, representing a compound annual rate of change (CARC) of -0.6% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -2.2% between 2017 and 2021, to reach a total of 16,671.4 thousand units in 2021.
- The COVID-19 pandemic had a significant impact on the automotive industry in 2020, which had a knock-on effect on 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 Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Europe
- 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 Europe new cars market with five year forecasts by both value and volume
- What was the size of the Europe new cars market by value in 2021?
- What will be the size of the Europe new cars market in 2026?
- What factors are affecting the strength of competition in the Europe new cars market?
- How has the market performed over the last five years?
- Who are the top competitiors in Europe's new cars market?
Companies Mentioned
Groupe PSA (Inactive)
Volkswagen AG
Ford Motor Company Limited
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. Groupe PSA (Inactive)
- 8.2. Volkswagen AG
- 8.3. Ford Motor Company Limited
- 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: Europe new cars market value: $ billion, 2017-21(e)
- Table 2: Europe new cars market volume: million units, 2017-21(e)
- Table 3: Europe new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Europe new cars market value forecast: $ billion, 2021-26
- Table 5: Europe new cars market volume forecast: million units, 2021-26
- Table 6: Europe new cars market share: % share, by volume, 2021(e)
- Table 7: Groupe PSA (Inactive): key facts
- Table 8: Groupe PSA (Inactive): Key Employees
- Table 9: Groupe PSA (Inactive): Key Employees Continued
- Table 10: Volkswagen AG: key facts
- Table 11: Volkswagen AG: Annual Financial Ratios
- Table 12: Volkswagen AG: Key Employees
- Table 13: Volkswagen AG: Key Employees Continued
- Table 14: Volkswagen AG: Key Employees Continued
- Table 15: Ford Motor Company Limited: key facts
- Table 16: Ford Motor Company Limited: Key Employees
- Table 17: Renault SA: key facts
- Table 18: Renault SA: Annual Financial Ratios
- Table 19: Renault SA: Key Employees
- Table 20: Renault SA: Key Employees Continued
- Table 21: Renault SA: Key Employees Continued
- Table 22: Renault SA: Key Employees Continued
- Table 23: Europe size of population (million), 2017-21
- Table 24: Europe gdp (constant 2005 prices, $ billion), 2017-21
- Table 25: Europe gdp (current prices, $ billion), 2017-21
- Table 26: Europe inflation, 2017-21
- Table 27: Europe consumer price index (absolute), 2017-21
- Table 28: Europe exchange rate, 2016-20
- List of Figures
- Figure 1: Europe new cars market value: $ billion, 2017-21(e)
- Figure 2: Europe new cars market volume: million units, 2017-21(e)
- Figure 3: Europe new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Europe new cars market value forecast: $ billion, 2021-26
- Figure 5: Europe new cars market volume forecast: million units, 2021-26
- Figure 6: Forces driving competition in the new cars market in Europe, 2021
- Figure 7: Drivers of buyer power in the new cars market in Europe, 2021
- Figure 8: Drivers of supplier power in the new cars market in Europe, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Europe, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Europe, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in Europe, 2021
- Figure 12: Europe new cars market share: % share, by volume, 2021(e)
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