Hybrid & Electric Cars in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Australian hybrid & electric cars market recorded revenues of $13.65 billion in 2024, representing a compound annual growth rate (CAGR) of 52% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 54.8% between 2019 and 2024, reaching a total of 291,826.0 units in 2024.
- The growth of the hybrid & electric cars market in 2024 was driven by high fuel prices, advancements in battery technologies, and supportive federal investments. According to the Australian Competition and Consumer Commission, the average fuel price in February 2023 was AUD1.60 ($1.1) per litre, which increased to AUD1.75 ($1.2) per litre in February 2024, reflecting a 4.8% annual rise.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hybrid & electric cars market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Australia
- 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 Australia hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the Australia hybrid & electric cars market by value in 2024?
- What will be the size of the Australia hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the Australia hybrid & electric cars market?
- How has the market performed over the last five years?
- How large is Australia’s hybrid & electric cars market in relation to its regional counterparts?
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 (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tesla Inc
- Hyundai Motor Co
- Nissan Motor Co Ltd
- Mitsubishi Motors Corp
