New Cars in Norway

New Cars in Norway

Summary

New Cars in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • New cars market consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The Norwegian new cars market recorded revenues of $4.8 billion in 2023, representing a compound annual growth rate (CAGR) of 1.5% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 1.4% between 2018 and 2023, to reach a total of 0.12 million units in 2023.
  • Norway captured a 1.0% share of the European new cars market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Norway
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Norway
  • 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 Norway new cars market with five year forecasts
Reasons to Buy
  • What was the size of the Norway new cars market by value in 2023?
  • What will be the size of the Norway new cars market in 2028?
  • What factors are affecting the strength of competition in the Norway new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Norway's new 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. 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. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
8 Company Profiles
8.1. Volkswagen AG
8.2. Geely Automobile Holdings Ltd
8.3. Toyota Motor Corp
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: Norway new cars market value: $ billion, 2018-23
Table 2: Norway new cars market volume: units, 2018-23
Table 3: Norway new cars market geography segmentation: $ billion, 2023
Table 4: Norway new cars market value forecast: $ billion, 2023-28
Table 5: Norway new cars market volume forecast: units, 2023-28
Table 6: Norway new cars market share: % share, by volume, 2023
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: Geely Automobile Holdings Ltd: Key Facts
Table 12: Geely Automobile Holdings Ltd: Annual Financial Ratios
Table 13: Geely Automobile Holdings Ltd: Key Employees
Table 14: Toyota Motor Corp: Key Facts
Table 15: Toyota Motor Corp: Annual Financial Ratios
Table 16: Toyota Motor Corp: Key Employees
Table 17: Toyota Motor Corp: Key Employees Continued
Table 18: Norway Size of Population (million), 2019-23
Table 19: Norway Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 20: Norway GDP (Current Prices, $ Billion), 2019-23
Table 21: Norway Inflation, 2019-23
Table 22: Norway Consumer Price Index (Absolute), 2019-23
Table 23: Norway Exchange Rate, 2018-23
List of Figures
Figure 1: Norway new cars market value: $ billion, 2018-23
Figure 2: Norway new cars market volume: units, 2018-23
Figure 3: Norway new cars market geography segmentation: % share, by value, 2023
Figure 4: Norway new cars market value forecast: $ billion, 2023-28
Figure 5: Norway new cars market volume forecast: units, 2023-28
Figure 6: Forces driving competition in the new cars market in Norway, 2023
Figure 7: Drivers of buyer power in the new cars market in Norway, 2023
Figure 8: Drivers of supplier power in the new cars market in Norway, 2023
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Norway, 2023
Figure 10: Factors influencing the threat of substitutes in the new cars market in Norway, 2023
Figure 11: Drivers of degree of rivalry in the new cars market in Norway, 2023
Figure 12: Norway new cars market share: % share, by volume, 2023

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