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Hybrid and Electric Cars in Canada - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 55 Pages
  • April 2021
  • Region: Canada
  • MarketLine
  • ID: 5350458
Hybrid & Electric Cars in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 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, hatchbacks, SUVs, 4x4s and other related vehicles.
  • The Canadian hybrid & electric cars market had total revenues of $1.1bn in 2020, representing a compound annual growth rate (CAGR) of 17.7% between 2016 and 2020.
  • Market consumption volume increased with a CAGR of 14.9% between 2016 and 2020, to reach a total of 40,206.0 units in 2020.
  • The Canadian hybrid and electric cars market declined in 2020, with the volume of sales down by 33.8%, as a result of the COVID-19 pandemic.

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

Reasons to Buy
  • What was the size of the Canada hybrid & electric cars market by value in 2020?
  • What will be the size of the Canada hybrid & electric cars market in 2025?
  • What factors are affecting the strength of competition in the Canada hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Canada's hybrid & electric cars market?
Frequently Asked Questions about the Hybrid and Electric Cars Market in Canada

What is the estimated value of the Hybrid and Electric Cars Market in Canada?

The Hybrid and Electric Cars Market in Canada was estimated to be valued at $1.1 Billion in 2020.

What is the growth rate of the Hybrid and Electric Cars Market in Canada?

The growth rate of the Hybrid and Electric Cars Market in Canada is 14.6%, with an estimated value of $2.2 Billion by 2025.

What is the forecasted size of the Hybrid and Electric Cars Market in Canada?

The Hybrid and Electric Cars Market in Canada is estimated to be worth $2.2 Billion by 2025.

Who are the key companies in the Hybrid and Electric Cars Market in Canada?

Key companies in the Hybrid and Electric Cars Market in Canada include Tesla, Inc., General Motors Company, Mitsubishi Motors Corporation and Toyota Motor Corporation.

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 and what are their offerings?
7.2. What strategies do the leading players follow?
7.3. What are the competitive advantages of leading players?
7.4. What is the supply chain strategy of leading players?
7.5. Which are the majors threats that players in this market are facing?
7.6. What are the long-term plans of leading players?
8 Company Profiles
8.1. Tesla, Inc.
8.2. General Motors Company
8.3. Mitsubishi Motors Corporation
8.4. Toyota Motor Corporation
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: Canada hybrid & electric cars market value: $ million, 2016-20
Table 2: Canada hybrid & electric cars market volume: units, 2016-20
Table 3: Canada hybrid & electric cars market category segmentation: units, 2020
Table 4: Canada hybrid & electric cars market geography segmentation: $ million, 2020
Table 5: Canada hybrid & electric cars market value forecast: $ million, 2020-25
Table 6: Canada hybrid & electric cars market volume forecast: units, 2020-25
Table 7: Tesla, Inc.: key facts
Table 8: Tesla, Inc.: Annual Financial Ratios
Table 9: Tesla, Inc.: Key Employees
Table 10: General Motors Company: key facts
Table 11: General Motors Company: Annual Financial Ratios
Table 12: General Motors Company: Key Employees
Table 13: General Motors Company: Key Employees Continued
Table 14: Mitsubishi Motors Corporation: key facts
Table 15: Mitsubishi Motors Corporation: Annual Financial Ratios
Table 16: Mitsubishi Motors Corporation: Key Employees
Table 17: Mitsubishi Motors Corporation: Key Employees Continued
Table 18: Toyota Motor Corporation: key facts
Table 19: Toyota Motor Corporation: Annual Financial Ratios
Table 20: Toyota Motor Corporation: Key Employees
Table 21: Toyota Motor Corporation: Key Employees Continued
Table 22: Canada size of population (million), 2016-20
Table 23: Canada GDP (constant 2005 prices, $ billion), 2016-20
Table 24: Canada GDP (current prices, $ billion), 2016-20
Table 25: Canada inflation, 2016-20
Table 26: Canada consumer price index (absolute), 2016-20
Table 27: Canada exchange rate, 2016-20
List of Figures
Figure 1: Canada hybrid & electric cars market value: $ million, 2016-20
Figure 2: Canada hybrid & electric cars market volume: units, 2016-20
Figure 3: Canada hybrid & electric cars market category segmentation: % share, by volume, 2020
Figure 4: Canada hybrid & electric cars market geography segmentation: % share, by value, 2020
Figure 5: Canada hybrid & electric cars market value forecast: $ million, 2020-25
Figure 6: Canada hybrid & electric cars market volume forecast: units, 2020-25
Figure 7: Forces driving competition in the hybrid & electric cars market in Canada, 2020
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Canada, 2020
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Canada, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Canada, 2020
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Canada, 2020
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Canada, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Tesla, Inc.
  • General Motors Company
  • Mitsubishi Motors Corporation
  • Toyota Motor Corporation