New Cars in Europe - Market Summary, Competitive Analysis and Forecast to 2026

New Cars in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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.
The European new cars market is forecast to generate total revenues of $485.9bn in 2021, representing a compound annual rate of change (CARC) of -0.6% between 2017 and 2021.
Market consumption volume is forecast to decline with a CARC of -2.2% between 2017 and 2021, to reach a total of 16,671.4 thousand units in 2021.
The COVID-19 pandemic had a significant impact on the automotive industry in 2020, which had a knock-on effect on the new cars market.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Europe
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Europe
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 Europe new cars market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the Europe new cars market by value in 2021?
What will be the size of the Europe new cars market in 2026?
What factors are affecting the strength of competition in the Europe new cars market?
How has the market performed over the last five years?
Who are the top competitiors in Europe's new cars market?

Frequently Asked Questions about the New Cars Market in Europe

What is the estimated value of the New Cars Market in Europe?

The New Cars Market in Europe was estimated to be valued at $485.93 billion in 2021.

What is the growth rate of the New Cars Market in Europe?

The growth rate of the New Cars Market in Europe is 5.9%, with an estimated value of $647.38 billion by 2026.

What is the forecasted size of the New Cars Market in Europe?

The New Cars Market in Europe is estimated to be worth $647.38 billion by 2026.

Who are the key companies in the New Cars Market in Europe?

Key companies in the New Cars Market in Europe include Groupe PSA (Inactive), Volkswagen AG and Renault SA.

Report Attribute	Details
No. of Pages	56
Published	January 2022
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	$ 485.93 billion
Forecasted Market Value ( USD ) by 2026	$ 647.38 billion
Compound Annual Growth Rate	5.9%
Regions Covered	Europe

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?
7.6. What impact is the COVID-19 pandemic having on leading players?

8 Company Profiles

8.1. Groupe PSA (Inactive)
8.2. Volkswagen AG
8.3. Ford Motor Company Limited
8.4. Renault SA

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: Europe new cars market value: $ billion, 2017-21(e)
Table 2: Europe new cars market volume: million units, 2017-21(e)
Table 3: Europe new cars market geography segmentation: $ billion, 2021(e)
Table 4: Europe new cars market value forecast: $ billion, 2021-26
Table 5: Europe new cars market volume forecast: million units, 2021-26
Table 6: Europe new cars market share: % share, by volume, 2021(e)
Table 7: Groupe PSA (Inactive): key facts
Table 8: Groupe PSA (Inactive): Key Employees
Table 9: Groupe PSA (Inactive): Key Employees Continued
Table 10: Volkswagen AG: key facts
Table 11: Volkswagen AG: Annual Financial Ratios
Table 12: Volkswagen AG: Key Employees
Table 13: Volkswagen AG: Key Employees Continued
Table 14: Volkswagen AG: Key Employees Continued
Table 15: Ford Motor Company Limited: key facts
Table 16: Ford Motor Company Limited: Key Employees
Table 17: Renault SA: key facts
Table 18: Renault SA: Annual Financial Ratios
Table 19: Renault SA: Key Employees
Table 20: Renault SA: Key Employees Continued
Table 21: Renault SA: Key Employees Continued
Table 22: Renault SA: Key Employees Continued
Table 23: Europe size of population (million), 2017-21
Table 24: Europe gdp (constant 2005 prices, $ billion), 2017-21
Table 25: Europe gdp (current prices, $ billion), 2017-21
Table 26: Europe inflation, 2017-21
Table 27: Europe consumer price index (absolute), 2017-21
Table 28: Europe exchange rate, 2016-20

List of Figures

Figure 1: Europe new cars market value: $ billion, 2017-21(e)
Figure 2: Europe new cars market volume: million units, 2017-21(e)
Figure 3: Europe new cars market geography segmentation: % share, by value, 2021(e)
Figure 4: Europe new cars market value forecast: $ billion, 2021-26
Figure 5: Europe new cars market volume forecast: million units, 2021-26
Figure 6: Forces driving competition in the new cars market in Europe, 2021
Figure 7: Drivers of buyer power in the new cars market in Europe, 2021
Figure 8: Drivers of supplier power in the new cars market in Europe, 2021
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Europe, 2021
Figure 10: Factors influencing the threat of substitutes in the new cars market in Europe, 2021
Figure 11: Drivers of degree of rivalry in the new cars market in Europe, 2021
Figure 12: Europe new cars market share: % share, by volume, 2021(e)