Summary New Cars in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
The US captured the largest share of the North American new cars market, accounting for a share of 90.5% in 2022.
The North American new cars market had total revenues of $555.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.8% between 2017 and 2022.
Market consumption volumes declined with a negative CAGR of 6.0% between 2017 and 2022, to reach a total of 12,764.0 thousand units in 2022.
Scope
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
Reasons to Buy
What was the size of the North America new cars market by value in 2022?
What will be the size of the North America new cars market in 2027?
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?
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 strengths of the leading players?
7.4. What strategies do the leading players follow?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Hyundai Motor Company
8.3. General Motors Company
8.4. Honda 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: North America new cars market value: $ billion, 2017–22
Table 2: North America new cars market volume: units, 2017–22
Table 3: North America new cars market geography segmentation: $ billion, 2022
Table 4: North America new cars market value forecast: $ billion, 2022–27
Table 5: North America new cars market volume forecast: units, 2022–27
Table 6: North America new cars market share: % share, by volume, 2022
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Hyundai Motor Company: key facts
Table 12: Hyundai Motor Company: Annual Financial Ratios
Table 13: Hyundai Motor Company: Key Employees
Table 14: Hyundai Motor Company: Key Employees Continued
Table 15: General Motors Company: key facts
Table 16: General Motors Company: Annual Financial Ratios
Table 17: General Motors Company: Key Employees
Table 18: General Motors Company: Key Employees Continued
Table 19: Honda Motor Co., Ltd.: key facts
Table 20: Honda Motor Co., Ltd.: Annual Financial Ratios
Table 21: Honda Motor Co., Ltd.: Key Employees
Table 22: Honda Motor Co., Ltd.: Key Employees Continued
Table 23: North America exchange rate, 2018–22
List of Figures
Figure 1: North America new cars market value: $ billion, 2017–22
Figure 2: North America new cars market volume: units, 2017–22
Figure 3: North America new cars market geography segmentation: % share, by value, 2022
Figure 4: North America new cars market value forecast: $ billion, 2022–27
Figure 5: North America new cars market volume forecast: units, 2022–27
Figure 6: Forces driving competition in the new cars market in North America, 2022
Figure 7: Drivers of buyer power in the new cars market in North America, 2022
Figure 8: Drivers of supplier power in the new cars market in North America, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in North America, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in North America, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in North America, 2022
Figure 12: North America new cars market share: % share, by volume, 2022