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Hybrid & Electric Cars in Scandinavia

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    Report

  • 50 Pages
  • May 2024
  • Region: Denmark, Norway, Sweden
  • MarketLine
  • ID: 4327762
Description Jump to:
Hybrid & Electric Cars in Scandinavia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). 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 & 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 Scandinavian hybrid & electric car market recorded revenues of $30.45 billion in 2023, representing a compound annual growth rate (CAGR) of 25.7% between 2018 and 2023.
  • Market production volume increased with a CAGR of 25.1% between 2018 and 2023, to reach a total of 502,721.0 units in 2023.
  • According to GlobalData, Sweden held the highest share of 42.8% market share in the Scandinavian hybrid & electric car market in 2023.

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 Scandinavia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Scandinavia
  • 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 Scandinavia hybrid & electric cars market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Scandinavia hybrid & electric cars market by value in 2023?
  • What will be the size of the Scandinavia hybrid & electric cars market in 2028?
  • What factors are affecting the strength of competition in the Scandinavia hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Scandinavia's hybrid & electric cars 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 recent developments in the market?
8 Company Profiles
8.1. AB Volvo
8.2. General Motors Company
8.3. Tesla, Inc.
8.4. Mercedes-Benz Group AG
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: Scandinavia hybrid & electric cars market value: $ million, 2018-23
Table 2: Scandinavia hybrid & electric cars market volume: units, 2018-23
Table 3: Scandinavia hybrid & electric cars market category segmentation: % share, by value, 2018-2023
Table 4: Scandinavia hybrid & electric cars market category segmentation: $ million, 2018-2023
Table 5: Scandinavia hybrid & electric cars market geography segmentation: $ million, 2023
Table 6: Scandinavia hybrid & electric cars market value forecast: $ million, 2023-28
Table 7: Scandinavia hybrid & electric cars market volume forecast: units, 2023-28
Table 8: AB Volvo: key facts
Table 9: AB Volvo: Annual Financial Ratios
Table 10: AB Volvo: Key Employees
Table 11: AB Volvo: Key Employees Continued
Table 12: General Motors Company: key facts
Table 13: General Motors Company: Annual Financial Ratios
Table 14: General Motors Company: Key Employees
Table 15: General Motors Company: Key Employees Continued
Table 16: Tesla, Inc.: key facts
Table 17: Tesla, Inc.: Annual Financial Ratios
Table 18: Tesla, Inc.: Key Employees
Table 19: Mercedes-Benz Group AG: key facts
Table 20: Mercedes-Benz Group AG: Annual Financial Ratios
Table 21: Mercedes-Benz Group AG: Key Employees
Table 22: Mercedes-Benz Group AG: Key Employees Continued
Table 23: Scandinavia exchange rate, 2019-23
List of Figures
Figure 1: Scandinavia hybrid & electric cars market value: $ million, 2018-23
Figure 2: Scandinavia hybrid & electric cars market volume: units, 2018-23
Figure 3: Scandinavia hybrid & electric cars market category segmentation: $ million, 2018-2023
Figure 4: Scandinavia hybrid & electric cars market geography segmentation: % share, by value, 2023
Figure 5: Scandinavia hybrid & electric cars market value forecast: $ million, 2023-28
Figure 6: Scandinavia hybrid & electric cars market volume forecast: units, 2023-28
Figure 7: Forces driving competition in the hybrid & electric cars market in Scandinavia, 2023
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Scandinavia, 2023
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Scandinavia, 2023
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Scandinavia, 2023
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Scandinavia, 2023
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Scandinavia, 2023

Companies Mentioned (Partial List)

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

  • AB Volvo
  • General Motors Company
  • Tesla, Inc.
  • Mercedes-Benz Group AG

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