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New Cars in Hong Kong

New Cars in Hong Kong

Summary

New Cars in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Hong Kong new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 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 shares consist of 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. Any currency conversions used in this report have been calculated at constant 2017 annual average exchange rates.
  • The Hong Kong new cars market had total revenues of $2.0bn in 2017, representing a compound annual rate of change (CARC) of -0.1% between 2013 and 2017.
  • Market consumption volume increased with a CAGR of 0.2% between 2013 and 2017, to reach a total of 39.2 thousand units in 2017.
  • The sale of electric cars plunged in 2017 because the government decided to cut the total exemption from first-registration tax for them, which was capped to a value of HK$97,500 (US$12,500).
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Hong Kong
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Hong Kong
  • 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 Hong Kong new cars market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Hong Kong new cars market by value in 2017?
  • What will be the size of the Hong Kong new cars market in 2022?
  • What factors are affecting the strength of competition in the Hong Kong new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Hong Kong's new cars market?


Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Bayerische Motoren Werke AG (BMW Group)
Daimler AG
Tesla Motors, Inc.
Toyota Motor Corporation
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Hong Kong new cars market value: $ billion, 2013-17
Table 2: Hong Kong new cars market volume: thousand units, 2013-17
Table 3: Hong Kong new cars market geography segmentation: $ billion, 2017
Table 4: Hong Kong new cars market share: % share, by volume, 2017
Table 5: Hong Kong new cars market value forecast: $ billion, 2017-22
Table 6: Hong Kong new cars market volume forecast: thousand units, 2017-22
Table 7: Bayerische Motoren Werke AG (BMW Group): key facts
Table 8: Bayerische Motoren Werke AG (BMW Group): key financials ($)
Table 9: Bayerische Motoren Werke AG (BMW Group): key financials (€)
Table 10: Bayerische Motoren Werke AG (BMW Group): key financial ratios
Table 11: Daimler AG: key facts
Table 12: Daimler AG: key financials ($)
Table 13: Daimler AG: key financials (€)
Table 14: Daimler AG: key financial ratios
Table 15: Tesla Motors, Inc.: key facts
Table 16: Tesla Motors, Inc.: key financials ($)
Table 17: Tesla Motors, Inc.: key financial ratios
Table 18: Toyota Motor Corporation: key facts
Table 19: Toyota Motor Corporation: key financials ($)
Table 20: Toyota Motor Corporation: key financials (¥)
Table 21: Toyota Motor Corporation: key financial ratios
Table 22: Hong Kong size of population (million), 2013-17
Table 23: Hong Kong gdp (constant 2005 prices, $ billion), 2013-17
Table 24: Hong Kong gdp (current prices, $ billion), 2013-17
Table 25: Hong Kong inflation, 2013-17
Table 26: Hong Kong consumer price index (absolute), 2013-17
Table 27: Hong Kong exchange rate, 2013-17
List of Figures
Figure 1: Hong Kong new cars market value: $ billion, 2013-17
Figure 2: Hong Kong new cars market volume: thousand units, 2013-17
Figure 3: Hong Kong new cars market geography segmentation: % share, by value, 2017
Figure 4: Hong Kong new cars market share: % share, by volume, 2017
Figure 5: Hong Kong new cars market value forecast: $ billion, 2017-22
Figure 6: Hong Kong new cars market volume forecast: thousand units, 2017-22
Figure 7: Forces driving competition in the new cars market in Hong Kong, 2017
Figure 8: Drivers of buyer power in the new cars market in Hong Kong, 2017
Figure 9: Drivers of supplier power in the new cars market in Hong Kong, 2017
Figure 10: Factors influencing the likelihood of new entrants in the new cars market in Hong Kong, 2017
Figure 11: Factors influencing the threat of substitutes in the new cars market in Hong Kong, 2017
Figure 12: Drivers of degree of rivalry in the new cars market in Hong Kong, 2017
Figure 13: Bayerische Motoren Werke AG (BMW Group): revenues & profitability
Figure 14: Bayerische Motoren Werke AG (BMW Group): assets & liabilities
Figure 15: Daimler AG: revenues & profitability
Figure 16: Daimler AG: assets & liabilities
Figure 17: Tesla Motors, Inc.: revenues & profitability
Figure 18: Tesla Motors, Inc.: assets & liabilities
Figure 19: Toyota Motor Corporation: revenues & profitability
Figure 20: Toyota Motor Corporation: assets & liabilities

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