Car Manufacturing in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the South Korea car manufacturing market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The passenger cars manufacturers market value is calculated in terms of manufacturer selling price (MSP), and excludes all taxes and levies.
The volume represents the quantity of completely built up (CBU) cars in the particular country/region.
Passenger cars are defined as motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat.
Any currency conversions used in the creation of this report have been calculated using constant 2016 annual average exchange rates.
Car manufacturing can be a highly concentrated industry, and in some countries there is only one significant manufacturer. Forecasts made in this profile should not be interpreted as predictions of any individual company's performance.
The South Korean car manufacturing industry had total revenues of $53.8bn in 2016, representing a compound annual growth rate (CAGR) of 1.6% between 2012 and 2016.
Industry production volumes declined with a CARC of -1% between 2012 and 2016, to reach a total of 3,996.6 thousand units in 2016.
Hyundai in 2016 saw a huge worker strike; the history of strikes in 2016 for Hyundai has seen 21 separate strikes, with 27 wage negotiations in 2016 alone.
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What was the size of the South Korea car manufacturing market by value in 2016?
What will be the size of the South Korea car manufacturing market in 2021?
What factors are affecting the strength of competition in the South Korea car manufacturing market?
How has the market performed over the last five years?
Who are the top competitiors in South Korea's car manufacturing market?