Taiwan New Cars Market Summary, Competitive Analysis and Forecast to 2027
Summary
New Cars in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market share, 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 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. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
The Taiwanese new car market is expected to generate total revenues of $7.4 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9.6% between 2017 and 2022.
Market consumption volume is forecast to decline with a negative CAGR of 10.8% between 2017 and 2022, reaching a total of 225,800 cars in 2022.
A positive macroeconomic environment that kept consumer confidence high, along with the low cost of car loans and increasing disposable incomes, stimulated demand for new vehicles and the replacement of existing old vehicles.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, 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 by both value and volume
Reasons to Buy
What was the size of the Taiwan new cars market by value in 2022?
What will be the size of the Taiwan new cars market in 2027?
What factors are affecting the strength of competition in the Taiwan new cars market?
How has the market performed over the last five years?
Who are the top competitors in Taiwan'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. 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?
8 Company Profiles
8.1. Honda Motor Co., Ltd.
8.2. Toyota Motor Corporation
8.3. Ford Motor Company Limited
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, 2017-22(e)
Table 2: Taiwan new cars market volume: thousand units, 2017–22(e)