New Cars in Finland - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Finland 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 Finnish new cars market is forecast to generate total revenues of $4.9bn in 2021, representing a compound annual rate of change (CARC) of -1% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -2% between 2017 and 2021, to reach a total of 123.5 thousand units in 2021.
- Demand upshifts of earlier years have led to the rapid saturation of the market, with new registrations slowing in 2018 and falling in 2019.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Finland
- 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 Finland new cars market with five year forecasts
- What was the size of the Finland new cars market by value in 2021?
- What will be the size of the Finland new cars market in 2026?
- What factors are affecting the strength of competition in the Finland new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Finland's new cars market?
Companies Mentioned
Ford Motor Company Limited
Volkswagen AG
Hyundai Motor Company
Toyota Motor Corporation
- 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. Ford Motor Company Limited
- 8.2. Volkswagen AG
- 8.3. Hyundai Motor Company
- 8.4. 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: Finland new cars market value: $ billion, 2017-21(e)
- Table 2: Finland new cars market volume: thousand units, 2017-21(e)
- Table 3: Finland new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Finland new cars market value forecast: $ billion, 2021-26
- Table 5: Finland new cars market volume forecast: thousand units, 2021-26
- Table 6: Finland new cars market share: % share, by volume, 2021(e)
- Table 7: Ford Motor Company Limited: key facts
- Table 8: Ford Motor Company Limited: Key Employees
- Table 9: Volkswagen AG: key facts
- Table 10: Volkswagen AG: Annual Financial Ratios
- Table 11: Volkswagen AG: Key Employees
- Table 12: Volkswagen AG: Key Employees Continued
- Table 13: Volkswagen AG: Key Employees Continued
- Table 14: Hyundai Motor Company: key facts
- Table 15: Hyundai Motor Company: Annual Financial Ratios
- Table 16: Hyundai Motor Company: Key Employees
- Table 17: Toyota Motor Corporation: key facts
- Table 18: Toyota Motor Corporation: Annual Financial Ratios
- Table 19: Toyota Motor Corporation: Key Employees
- Table 20: Toyota Motor Corporation: Key Employees Continued
- Table 21: Finland size of population (million), 2017-21
- Table 22: Finland gdp (constant 2005 prices, $ billion), 2017-21
- Table 23: Finland gdp (current prices, $ billion), 2017-21
- Table 24: Finland inflation, 2017-21
- Table 25: Finland consumer price index (absolute), 2017-21
- Table 26: Finland exchange rate, 2016-20
- List of Figures
- Figure 1: Finland new cars market value: $ billion, 2017-21(e)
- Figure 2: Finland new cars market volume: thousand units, 2017-21(e)
- Figure 3: Finland new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Finland new cars market value forecast: $ billion, 2021-26
- Figure 5: Finland new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in Finland, 2021
- Figure 7: Drivers of buyer power in the new cars market in Finland, 2021
- Figure 8: Drivers of supplier power in the new cars market in Finland, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Finland, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Finland, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in Finland, 2021
- Figure 12: Finland new cars market share: % share, by volume, 2021(e)
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