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Turkey New Cars Market to 2027

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    Report

  • 49 Pages
  • November 2023
  • Region: Turkey
  • MarketLine
  • ID: 5928234
Description Jump to:
New Cars in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
  • Turkey captured a share of 4.5% of the European new cars market, in 2022.
  • The Turkish new cars market had total revenues of $17.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 1.8% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 0.5% between 2017 and 2022, to reach a total of 591.4 thousand units in 2022.

Scope

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

Reasons to Buy

  • What was the size of the Turkey new cars market by value in 2022?
  • What will be the size of the Turkey new cars market in 2027?
  • What factors are affecting the strength of competition in the Turkey new cars market?
  • How has the market performed over the last five years?
  • How large is Turkey’s new cars market in relation to its regional counterparts?

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. 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. What are the strengths of the leading players?
7.4. What strategies do the leading players follow?
8 Company Profiles
8.1. Volkswagen AG
8.2. Stellantis NV
8.3. Hyundai Motor Company
8.4. Renault-Nissan-Mitsubishi Alliance
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 new cars market value: $ billion, 2017-22
Table 2: Turkey new cars market volume: units, 2017-22
Table 3: Turkey new cars market geography segmentation: $ billion, 2022
Table 4: Turkey new cars market value forecast: $ billion, 2022-27
Table 5: Turkey new cars market volume forecast: units, 2022-27
Table 6: Turkey new cars market share: % share, by volume, 2022
Table 7: Volkswagen AG: key facts
Table 8: Volkswagen AG: Annual Financial Ratios
Table 9: Volkswagen AG: Key Employees
Table 10: Volkswagen AG: Key Employees Continued
Table 11: Stellantis NV: key facts
Table 12: Stellantis NV: Annual Financial Ratios
Table 13: Stellantis NV: Key Employees
Table 14: Stellantis NV: Key Employees Continued
Table 15: Stellantis NV: Key Employees Continued
Table 16: Hyundai Motor Company: key facts
Table 17: Hyundai Motor Company: Annual Financial Ratios
Table 18: Hyundai Motor Company: Key Employees
Table 19: Hyundai Motor Company: Key Employees Continued
Table 20: Renault-Nissan-Mitsubishi Alliance: key facts
Table 21: Turkey size of population (million), 2018-22
Table 22: Turkey gdp (constant 2005 prices, $ billion), 2018-22
Table 23: Turkey gdp (current prices, $ billion), 2018-22
Table 24: Turkey inflation, 2018-22
Table 25: Turkey consumer price index (absolute), 2018-22
Table 26: Turkey exchange rate, 2018-22
List of Figures
Figure 1: Turkey new cars market value: $ billion, 2017-22
Figure 2: Turkey new cars market volume: units, 2017-22
Figure 3: Turkey new cars market geography segmentation: % share, by value, 2022
Figure 4: Turkey new cars market value forecast: $ billion, 2022-27
Figure 5: Turkey new cars market volume forecast: units, 2022-27
Figure 6: Forces driving competition in the new cars market in Turkey, 2022
Figure 7: Drivers of buyer power in the new cars market in Turkey, 2022
Figure 8: Drivers of supplier power in the new cars market in Turkey, 2022
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Turkey, 2022
Figure 10: Factors influencing the threat of substitutes in the new cars market in Turkey, 2022
Figure 11: Drivers of degree of rivalry in the new cars market in Turkey, 2022
Figure 12: Turkey new cars market share: % share, by volume, 2022

Companies Mentioned (Partial List)

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

  • Volkswagen AG
  • Stellantis NV
  • Hyundai Motor Company
  • Renault–Nissan–Mitsubishi Alliance

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