New Cars in Taiwan - Market Summary, Competitive Analysis and Forecast to 2026
Summary
New Cars in Taiwan 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 Taiwanese new cars market is forecast to generate total revenues of $6.7bn in 2021, representing a compound annual rate of change (CARC) of -12.8% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -13.5% between 2017 and 2021, to reach a total of 223.9 thousand units in 2021.
- The market saturated in 2018 and declined significantly. Further decline was seen in 2019.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Taiwan
- 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 Taiwan new cars market with five year forecasts
- What was the size of the Taiwan new cars market by value in 2021?
- What will be the size of the Taiwan new cars market in 2026?
- What factors are affecting the strength of competition in the Taiwan new cars market?
- How has the market performed over the last five years?
- How large is Taiwan’s new cars market in relation to its regional counterparts?
Companies Mentioned
Honda Motor Co., Ltd.
Toyota Motor Corporation
Mitsubishi Motors Corporation
Nissan Motor Co., Ltd.
- 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. Honda Motor Co., Ltd.
- 8.2. Toyota Motor Corporation
- 8.3. Mitsubishi Motors Corporation
- 8.4. Nissan Motor Co., Ltd.
- 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: Taiwan new cars market value: $ billion, 2017-21(e)
- Table 2: Taiwan new cars market volume: thousand units, 2017-21(e)
- Table 3: Taiwan new cars market geography segmentation: $ billion, 2021(e)
- Table 4: Taiwan new cars market value forecast: $ billion, 2021-26
- Table 5: Taiwan new cars market volume forecast: thousand units, 2021-26
- Table 6: Taiwan new cars market share: % share, by volume, 2021(e)
- Table 7: Honda Motor Co., Ltd.: key facts
- Table 8: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 9: Honda Motor Co., Ltd.: Key Employees
- Table 10: Honda Motor Co., Ltd.: Key Employees Continued
- Table 11: Honda Motor Co., Ltd.: 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: Mitsubishi Motors Corporation: key facts
- Table 17: Mitsubishi Motors Corporation: Annual Financial Ratios
- Table 18: Mitsubishi Motors Corporation: Key Employees
- Table 19: Mitsubishi Motors Corporation: Key Employees Continued
- Table 20: Mitsubishi Motors Corporation: Key Employees Continued
- Table 21: Nissan Motor Co., Ltd.: key facts
- Table 22: Nissan Motor Co., Ltd.: Annual Financial Ratios
- Table 23: Nissan Motor Co., Ltd.: Key Employees
- Table 24: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 25: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 26: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 27: Taiwan size of population (million), 2017-21
- Table 28: Taiwan gdp (constant 2005 prices, $ billion), 2017-21
- Table 29: Taiwan gdp (current prices, $ billion), 2017-21
- Table 30: Taiwan inflation, 2017-21
- Table 31: Taiwan consumer price index (absolute), 2017-21
- Table 32: Taiwan exchange rate, 2016-20
- List of Figures
- Figure 1: Taiwan new cars market value: $ billion, 2017-21(e)
- Figure 2: Taiwan new cars market volume: thousand units, 2017-21(e)
- Figure 3: Taiwan new cars market geography segmentation: % share, by value, 2021(e)
- Figure 4: Taiwan new cars market value forecast: $ billion, 2021-26
- Figure 5: Taiwan new cars market volume forecast: thousand units, 2021-26
- Figure 6: Forces driving competition in the new cars market in Taiwan, 2021
- Figure 7: Drivers of buyer power in the new cars market in Taiwan, 2021
- Figure 8: Drivers of supplier power in the new cars market in Taiwan, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Taiwan, 2021
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Taiwan, 2021
- Figure 11: Drivers of degree of rivalry in the new cars market in Taiwan, 2021
- Figure 12: Taiwan new cars market share: % share, by volume, 2021(e)
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