New Cars in Norway - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Norway 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 Norwegian new cars market is expected to generate total revenues of $7.1bn in 2021, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -1.2% between 2017 and 2021, to reach a total of 185.5 thousand units in 2021.
- Norway’s new cars market has been impacted by the country’s economic performance during the historic period.
- 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
- What was the size of the Norway new cars market by value in 2021?
- What will be the size of the Norway new cars market in 2026?
- 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?
Companies Mentioned
Volkswagen AG
Toyota Motor Corporation
Ford Motor Company Limited
Tesla, Inc.
- 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. Toyota Motor Corporation
- 8.3. Ford Motor Company Limited
- 8.4. Tesla, Inc.
- 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, 2017-21(e)
- Table 2: Norway new cars market volume: thousand units, 2017-21(e)
- Table 3: Norway new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Norway new cars market value forecast: $ billion, 2021-26
- Table 5: Norway new cars market volume forecast: thousand units, 2021-26
- Table 6: Norway 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: Toyota Motor Corporation: key facts
- Table 13: Toyota Motor Corporation: Annual Financial Ratios
- Table 14: Toyota Motor Corporation: Key Employees
- Table 15: Toyota Motor Corporation: Key Employees Continued
- Table 16: Ford Motor Company Limited: key facts
- Table 17: Ford Motor Company Limited: Key Employees
- Table 18: Tesla, Inc.: key facts
- Table 19: Tesla, Inc.: Annual Financial Ratios
- Table 20: Tesla, Inc.: Key Employees
- Table 21: Norway size of population (million), 2017-21
- Table 22: Norway gdp (constant 2005 prices, $ billion), 2017-21
- Table 23: Norway gdp (current prices, $ billion), 2017-21
- Table 24: Norway inflation, 2017-21
- Table 25: Norway consumer price index (absolute), 2017-21
- Table 26: Norway exchange rate, 2016-20
- List of Figures
- Figure 1: Norway new cars market value: $ billion, 2017-21(e)
- Figure 2: Norway new cars market volume: thousand units, 2017-21(e)
- Figure 3: Norway new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Norway new cars market value forecast: $ billion, 2021-26
- Figure 5: Norway new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in Norway, 2021
- Figure 7: Drivers of buyer power in the new cars market in Norway, 2021
- Figure 8: Drivers of supplier power in the new cars market in Norway, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Norway, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Norway, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in Norway, 2021
- Figure 12: Norway new cars market share: % share, by volume, 2021(e)
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