New Cars in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Singaporean new cars market is forecast to generate total revenues of $9.5bn in 2021, representing a compound annual rate of change (CARC) of -3.5% between 2017 and 2021.
- Market consumption volume is forecast to decline with a CARC of -4.2% between 2017 and 2021, to reach a total of 79.9 thousand units in 2021.
- In 2018 and 2019, reduced government quotas for new vehicle registrations led to declines in the 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 Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Singapore
- 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 Singapore new cars market with five year forecasts
Reasons to Buy
- What was the size of the Singapore new cars market by value in 2021?
- What will be the size of the Singapore new cars market in 2026?
- What factors are affecting the strength of competition in the Singapore new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's new cars market?
Frequently Asked Questions about the New Cars Market in Singapore
What is the estimated value of the New Cars Market in Singapore?
What is the growth rate of the New Cars Market in Singapore?
What is the forecasted size of the New Cars Market in Singapore?
Who are the key companies in the New Cars Market in Singapore?
Report Attribute | Details |
---|---|
No. of Pages | 56 |
Published | January 2022 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 9.55 billion |
Forecasted Market Value ( USD | $ 10.16 billion |
Compound Annual Growth Rate | 1.2% |
Regions Covered | Singapore |
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Honda Motor Co., Ltd.
- Toyota Motor Corporation
- Bayerische Motoren Werke AG
- Daimler AG