Turkey Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027
Summary
Hybrid & Electric Cars in Turkey 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 Turkish hybrid & electric cars market had total revenues of $1,673.7 million in 2022, representing a compound annual growth rate (CAGR) of 77.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 55.3% between 2017 and 2022, to reach a total of 29,910.0 units in 2022.
- The growth in the European 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, according to the Turkish Statistical Institute, in May 2023, the consumer confidence index in Turkey stood at 91.06, up from 80.1 in March 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Turkey
- 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 Turkey hybrid & electric cars market with five year forecasts
- What was the size of the Turkey hybrid & electric cars market by value in 2022?
- What will be the size of the Turkey hybrid & electric cars market in 2027?
- What factors are affecting the strength of competition in the Turkey hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey'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?
- 8 Company Profiles
- 8.1. Volkswagen AG
- 8.2. Bayerische Motoren Werke AG
- 8.3. Tesla, Inc.
- 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: Turkey hybrid & electric cars market value: $ million, 2017–22
- Table 2: Turkey hybrid & electric cars market volume: units, 2017–22
- Table 3: Turkey hybrid & electric cars market category segmentation: % share, by value, 2017–2022
- Table 4: Turkey hybrid & electric cars market category segmentation: $ million, 2017-2022
- Table 5: Turkey hybrid & electric cars market geography segmentation: $ million, 2022
- Table 6: Turkey hybrid & electric cars market value forecast: $ million, 2022–27
- Table 7: Turkey hybrid & electric cars market volume forecast: units, 2022–27
- Table 8: Volkswagen AG: key facts
- Table 9: Volkswagen AG: Annual Financial Ratios
- Table 10: Volkswagen AG: Key Employees
- Table 11: Volkswagen AG: Key Employees Continued
- Table 12: Volkswagen AG: Key Employees Continued
- Table 13: Bayerische Motoren Werke AG: key facts
- Table 14: Bayerische Motoren Werke AG: Annual Financial Ratios
- Table 15: Bayerische Motoren Werke AG: Key Employees
- Table 16: Bayerische Motoren Werke AG: Key Employees Continued
- Table 17: Tesla, Inc.: key facts
- Table 18: Tesla, Inc.: Annual Financial Ratios
- Table 19: Tesla, Inc.: Key Employees
- Table 20: Turkey size of population (million), 2018–22
- Table 21: Turkey gdp (constant 2005 prices, $ billion), 2018–22
- Table 22: Turkey gdp (current prices, $ billion), 2018–22
- Table 23: Turkey inflation, 2018–22
- Table 24: Turkey consumer price index (absolute), 2018–22
- Table 25: Turkey exchange rate, 2018–22
- List of Figures
- Figure 1: Turkey hybrid & electric cars market value: $ million, 2017–22
- Figure 2: Turkey hybrid & electric cars market volume: units, 2017–22
- Figure 3: Turkey hybrid & electric cars market category segmentation: $ million, 2017-2022
- Figure 4: Turkey hybrid & electric cars market geography segmentation: % share, by value, 2022
- Figure 5: Turkey hybrid & electric cars market value forecast: $ million, 2022–27
- Figure 6: Turkey hybrid & electric cars market volume forecast: units, 2022–27
- Figure 7: Forces driving competition in the hybrid & electric cars market in Turkey, 2022
- Figure 8: Drivers of buyer power in the hybrid & electric cars market in Turkey, 2022
- Figure 9: Drivers of supplier power in the hybrid & electric cars market in Turkey, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Turkey, 2022
- Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Turkey, 2022
- Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Turkey, 2022
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