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Automotive Manufacturing in Turkey

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    Report

  • 51 Pages
  • May 2025
  • Region: Turkey
  • MarketLine
  • ID: 2641979
Automotive Manufacturing in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). 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 industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
  • The Turkish automotive manufacturing industry recorded revenues of $38.4 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.6% between 2019 and 2024.
  • Industry production volume increased with a CAGR of 1.0% between 2019 and 2024, reaching a total of 1.9 million units in 2024.
  • The Turkish automotive manufacturing industry’s production volume grew by 0.6% in 2024, which was supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to the publisher, the rental car fleet in the Turkish stood at 35,968 units in 2024, an increase of 19.1% from the previous year.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Turkey
  • 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 Turkey automotive manufacturing market with five year forecasts

Reasons to Buy

  • What was the size of the Turkey automotive manufacturing market by value in 2024?
  • What will be the size of the Turkey automotive manufacturing market in 2029?
  • What factors are affecting the strength of competition in the Turkey automotive manufacturing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey's automotive manufacturing market?

Table of Contents

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 strengths of the leading players?
7.4. What are the recent developments in the industry?
8 Company Profiles
8.1. Renault SA
8.2. Toyota Motor Corp
8.3. Hyundai Motor Co
8.4. Ford Motor Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Turkey automotive manufacturing industry value: $ billion, 2019-24
Table 2: Turkey automotive manufacturing industry volume: million units, 2019-24
Table 3: Turkey automotive manufacturing industry category segmentation: % share, by value, 2019-24
Table 4: Turkey automotive manufacturing industry category segmentation: $ billion, 2019-24
Table 5: Turkey automotive manufacturing industry geography segmentation: $ billion, 2024
Table 6: Turkey automotive manufacturing industry value forecast: $ billion, 2024-29
Table 7: Turkey automotive manufacturing industry volume forecast: million units, 2024-29
Table 8: Renault SA: Key Facts
Table 9: Renault SA: Annual Financial Ratios
Table 10: Renault SA: Key Employees
Table 11: Toyota Motor Corp: Key Facts
Table 12: Toyota Motor Corp: Annual Financial Ratios
Table 13: Toyota Motor Corp: Key Employees
Table 14: Toyota Motor Corp: Key Employees Continued
Table 15: Hyundai Motor Co: Key Facts
Table 16: Hyundai Motor Co: Annual Financial Ratios
Table 17: Hyundai Motor Co: Key Employees
Table 18: Ford Motor Co: Key Facts
Table 19: Ford Motor Co: Annual Financial Ratios
Table 20: Ford Motor Co: Key Employees
Table 21: Ford Motor Co: Key Employees Continued
Table 22: Ford Motor Co: Key Employees Continued
Table 23: Ford Motor Co: Key Employees Continued
Table 24: Turkey Size of Population (Million), 2020-24
Table 25: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 26: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 27: Turkey Inflation, 2020-24
Table 28: Turkey Consumer Price Index (Absolute), 2020-24
Table 29: Turkey Exchange Rate, 2019-24
List of Figures
Figure 1: Turkey automotive manufacturing industry value: $ billion, 2019-24
Figure 2: Turkey automotive manufacturing industry volume: million units, 2019-24
Figure 3: Turkey automotive manufacturing industry category segmentation: $ billion, 2019-24
Figure 4: Turkey automotive manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Turkey automotive manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Turkey automotive manufacturing industry volume forecast: million units, 2024-29
Figure 7: Forces driving competition in the automotive manufacturing industry in Turkey, 2024
Figure 8: Drivers of buyer power in the automotive manufacturing industry in Turkey, 2024
Figure 9: Drivers of supplier power in the automotive manufacturing industry in Turkey, 2024
Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Turkey, 2024
Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Turkey, 2024
Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Turkey, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Renault SA
  • Toyota Motor Corp
  • Hyundai Motor Co
  • Ford Motor Co