Singapore Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027
Summary
Hybrid & Electric Cars in Singapore 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 hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
The Singaporean hybrid & electric cars market had total revenues of $10.1 billion in 2022, representing a compound annual growth rate (CAGR) of 66.1% between 2017 and 2022.
Market production volume increased with a CAGR of 64.9% between 2017 and 2022, to reach a total of 73,534.0 units in 2022.
The growth in the Singaporean hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, the real GDP annual growth rate of Singapore in 2022 stood at 3.5%, according to in-house research.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Singapore
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Singapore
Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Singapore hybrid & electric cars market with five year forecasts
Reasons to Buy
What was the size of the Singapore hybrid & electric cars market by value in 2022?
What will be the size of the Singapore hybrid & electric cars market in 2027?
What factors are affecting the strength of competition in the Singapore hybrid & electric cars market?
How has the market performed over the last five years?
What are the main segments that make up Singapore's hybrid & electric 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. 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. What strategies do the leading players follow?
7.3. What are the recent developments on the market?