Colombia Automotive Manufacturing Market to 2027
Summary
Automotive Manufacturing in Colombia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- The Colombian automotive manufacturing industry had total revenues of $1.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
- Industry production volume increased with a CAGR of 2.2% between 2017 and 2022, reaching a total of 0.9 million units in 2022.
- Colombia is set to experience its weakest car sales in 15 years, with new vehicle sales slowing by 38.8% in October 2023 compared to 2022. However, electric vehicle sales have grown by 10.4% and hybrid vehicle sales by 5.2%. Commercial vehicle sales also saw a 45% decline in October 2023.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the automotive manufacturing market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Colombia
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Colombia automotive manufacturing market with five year forecasts by both value and volume
- What was the size of the Colombia automotive manufacturing market by value in 2022?
- What will be the size of the Colombia automotive manufacturing market in 2027?
- What factors are affecting the strength of competition in the Colombia automotive manufacturing market?
- How has the market performed over the last five years?
- How large is Colombia’s automotive manufacturing market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 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. Category segmentation
- 4.2. 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. Who are the leading players?
- 7.2. How are strategic alliances used by the leading companies?
- 7.3. How is new technology shaping long-term strategies?
- 7.4. How are leading players progressing in the hybrid & electric vehicles segment?
- 7.5. What is the rationale for the recent M&A activity?
- 8 Company Profiles
- 8.1. Honda Motor Co., Ltd.
- 8.2. Kawasaki Heavy Industries, Ltd.
- 8.3. Yamaha Motor Co Ltd
- 8.4. General Motors Company
- 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: Colombia automotive manufacturing industry value: $ billion, 2017–22
- Table 2: Colombia automotive manufacturing industry volume: million units, 2017–22
- Table 3: Colombia automotive manufacturing industry category segmentation: % share, by value, 2017–2022
- Table 4: Colombia automotive manufacturing industry category segmentation: $ billion, 2017-2022
- Table 5: Colombia automotive manufacturing industry geography segmentation: $ billion, 2022
- Table 6: Colombia automotive manufacturing industry value forecast: $ billion, 2022–27
- Table 7: Colombia automotive manufacturing industry volume forecast: million units, 2022–27
- Table 8: Honda Motor Co., Ltd.: key facts
- Table 9: Honda Motor Co., Ltd.: Annual Financial Ratios
- Table 10: Honda Motor Co., Ltd.: Key Employees
- Table 11: Honda Motor Co., Ltd.: Key Employees Continued
- Table 12: Kawasaki Heavy Industries, Ltd.: key facts
- Table 13: Kawasaki Heavy Industries, Ltd.: Annual Financial Ratios
- Table 14: Kawasaki Heavy Industries, Ltd.: Key Employees
- Table 15: Kawasaki Heavy Industries, Ltd.: Key Employees Continued
- Table 16: Yamaha Motor Co Ltd: key facts
- Table 17: Yamaha Motor Co Ltd: Annual Financial Ratios
- Table 18: Yamaha Motor Co Ltd: Key Employees
- Table 19: Yamaha Motor Co Ltd: Key Employees Continued
- Table 20: Yamaha Motor Co Ltd: Key Employees Continued
- Table 21: General Motors Company: key facts
- Table 22: General Motors Company: Annual Financial Ratios
- Table 23: General Motors Company: Key Employees
- Table 24: General Motors Company: Key Employees Continued
- Table 25: Colombia size of population (million), 2018–22
- Table 26: Colombia gdp (constant 2005 prices, $ billion), 2018–22
- Table 27: Colombia gdp (current prices, $ billion), 2018–22
- Table 28: Colombia inflation, 2018–22
- Table 29: Colombia consumer price index (absolute), 2018–22
- Table 30: Colombia exchange rate, 2018–22
- List of Figures
- Figure 1: Colombia automotive manufacturing industry value: $ billion, 2017–22
- Figure 2: Colombia automotive manufacturing industry volume: million units, 2017–22
- Figure 3: Colombia automotive manufacturing industry category segmentation: $ billion, 2017-2022
- Figure 4: Colombia automotive manufacturing industry geography segmentation: % share, by value, 2022
- Figure 5: Colombia automotive manufacturing industry value forecast: $ billion, 2022–27
- Figure 6: Colombia automotive manufacturing industry volume forecast: million units, 2022–27
- Figure 7: Forces driving competition in the automotive manufacturing industry in Colombia, 2022
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in Colombia, 2022
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in Colombia, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Colombia, 2022
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Colombia, 2022
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Colombia, 2022
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