
Australia Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027
Description
Australia Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027
Summary
Hybrid & Electric Cars in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The Australian hybrid & electric cars market had total revenues of $7.5 billion in 2022, representing a compound annual growth rate (CAGR) of 68.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 63.1% between 2017 and 2022, to reach a total of 121,635.0 units in 2022.
- The growth in the Australian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to the Westpac-Melbourne Institute, the consumer sentiment index in Australia stood at 84.3 in January 2023, up from 78 in October 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
- What was the size of the Australia hybrid & electric cars market by value in 2022?
- What will be the size of the Australia hybrid & electric cars market in 2027?
- 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?
- What are the main segments that make up Australia's hybrid & electric cars market?
Table of Contents
47 Pages
- 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?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments on the market?
- 8 Company Profiles
- 8.1. BYD Company Limited
- 8.2. Hyundai Corporation
- 8.3. Toyota Motor Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia hybrid & electric cars market value: $ million, 2017–22
- Table 2: Australia hybrid & electric cars market volume: units, 2017–22
- Table 3: Australia hybrid & electric cars market category segmentation: % share, by value, 2017–2022
- Table 4: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
- Table 5: Australia hybrid & electric cars market geography segmentation: $ million, 2022
- Table 6: Australia hybrid & electric cars market value forecast: $ million, 2022–27
- Table 7: Australia hybrid & electric cars market volume forecast: units, 2022–27
- Table 8: BYD Company Limited: key facts
- Table 9: BYD Company Limited: Annual Financial Ratios
- Table 10: BYD Company Limited: Key Employees
- Table 11: Hyundai Corporation: key facts
- Table 12: Hyundai Corporation: Annual Financial Ratios
- Table 13: Hyundai Corporation: Key Employees
- Table 14: Toyota Motor Corporation: key facts
- Table 15: Toyota Motor Corporation: Annual Financial Ratios
- Table 16: Toyota Motor Corporation: Key Employees
- Table 17: Toyota Motor Corporation: Key Employees Continued
- Table 18: Toyota Motor Corporation: Key Employees Continued
- Table 19: Australia size of population (million), 2018–22
- Table 20: Australia gdp (constant 2005 prices, $ billion), 2018–22
- Table 21: Australia gdp (current prices, $ billion), 2018–22
- Table 22: Australia inflation, 2018–22
- Table 23: Australia consumer price index (absolute), 2018–22
- Table 24: Australia exchange rate, 2018–22
- List of Figures
- Figure 1: Australia hybrid & electric cars market value: $ million, 2017–22
- Figure 2: Australia hybrid & electric cars market volume: units, 2017–22
- Figure 3: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
- Figure 4: Australia hybrid & electric cars market geography segmentation: % share, by value, 2022
- Figure 5: Australia hybrid & electric cars market value forecast: $ million, 2022–27
- Figure 6: Australia hybrid & electric cars market volume forecast: units, 2022–27
- Figure 7: Forces driving competition in the hybrid & electric cars market in Australia, 2022
- Figure 8: Drivers of buyer power in the hybrid & electric cars market in Australia, 2022
- Figure 9: Drivers of supplier power in the hybrid & electric cars market in Australia, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Australia, 2022
- Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Australia, 2022
- Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Australia, 2022
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