New Cars in North America - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in North America industry profile provides top-line qualitative and quantitative summary information including: 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 North American new cars market is expected to generate total revenues of $685.0bn in 2021, representing a compound annual growth rate (CAGR) of 1.2% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -1.5% between 2017 and 2021, to reach a total of 19,572.8 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 North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in North America
- 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 North America new cars market with five year forecasts by both value and volume
- What was the size of the North America new cars market by value in 2021?
- What will be the size of the North America new cars market in 2026?
- What factors are affecting the strength of competition in the North America new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's new cars market?
Companies Mentioned
General Motors Company
Toyota Motor Corporation
Ford Motor Company Limited
Stellantis NV
- 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. General Motors Company
- 8.2. Toyota Motor Corporation
- 8.3. Ford Motor Company Limited
- 8.4. Stellantis NV
- 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: North America new cars market value: $ billion, 2017-21(e)
- Table 2: North America new cars market volume: million units, 2017-21(e)
- Table 3: North America new cars market geography segmentation: $ billion, 2021(e)
- Table 4: North America new cars market value forecast: $ billion, 2021-26
- Table 5: North America new cars market volume forecast: million units, 2021-26
- Table 6: North America new cars market share: % share, by volume, 2021(e)
- Table 7: General Motors Company: key facts
- Table 8: General Motors Company: Annual Financial Ratios
- Table 9: General Motors Company: Key Employees
- Table 10: General Motors Company: Key Employees Continued
- Table 11: Toyota Motor Corporation: key facts
- Table 12: Toyota Motor Corporation: Annual Financial Ratios
- Table 13: Toyota Motor Corporation: Key Employees
- Table 14: Toyota Motor Corporation: Key Employees Continued
- Table 15: Ford Motor Company Limited: key facts
- Table 16: Ford Motor Company Limited: Key Employees
- Table 17: Stellantis NV: key facts
- Table 18: Stellantis NV: Annual Financial Ratios
- Table 19: Stellantis NV: Key Employees
- Table 20: Stellantis NV: Key Employees Continued
- Table 21: Stellantis NV: Key Employees Continued
- Table 22: North America exchange rate, 2016-20
- List of Figures
- Figure 1: North America new cars market value: $ billion, 2017-21(e)
- Figure 2: North America new cars market volume: million units, 2017-21(e)
- Figure 3: North America new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: North America new cars market value forecast: $ billion, 2021-26
- Figure 5: North America new cars market volume forecast: million units, 2021-26
- Figure 6: Forces driving competition in the new cars market in North America, 2021
- Figure 7: Drivers of buyer power in the new cars market in North America, 2021
- Figure 8: Drivers of supplier power in the new cars market in North America, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in North America, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in North America, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in North America, 2021
- Figure 12: North America new cars market share: % share, by volume, 2021(e)
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