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 2014-18, and forecast to 2023). 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 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 2018 annual average exchange rates.
  • The Hong Kong new cars market had total revenues of $1.6bn in 2018, representing a compound annual rate of change (CARC) of -7.7% between 2014 and 2018.
  • Market consumption volumes declined with a CARC of -8.1% between 2014 and 2018, to reach a total of 34.6 thousand units in 2018.
  • Weak consumer confidence alongside with weak macroeconomic conditions have made consumers to own cars for a longer period of time than usual.
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 2018?
  • What will be the size of the Hong Kong new cars market in 2023?
  • 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?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
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. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. Daimler AG
8.3. Bayerische Motoren Werke AG
8.4. Tesla, Inc.
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: Hong Kong new cars market value: $ billion, 2014-18
Table 2: Hong Kong new cars market volume: thousand units, 2014-18
Table 3: Hong Kong new cars market geography segmentation: $ billion, 2018
Table 4: Hong Kong new cars market value forecast: $ billion, 2018-23
Table 5: Hong Kong new cars market volume forecast: thousand units, 2018-23
Table 6: Hong Kong new cars market share: % share, by value, 2018
Table 7: Toyota Motor Corporation: key facts
Table 8: Toyota Motor Corporation: Annual Financial Ratios
Table 9: Toyota Motor Corporation: Key Employees
Table 10: Toyota Motor Corporation: Key Employees Continued
Table 11: Toyota Motor Corporation: Key Employees Continued
Table 12: Toyota Motor Corporation: Key Employees Continued
Table 13: Daimler AG: key facts
Table 14: Daimler AG: Annual Financial Ratios
Table 15: Daimler AG: Key Employees
Table 16: Daimler AG: Key Employees Continued
Table 17: Bayerische Motoren Werke AG: key facts
Table 18: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 19: Bayerische Motoren Werke AG: Key Employees
Table 20: Bayerische Motoren Werke AG: Key Employees Continued
Table 21: Tesla, Inc.: key facts
Table 22: Tesla, Inc.: Annual Financial Ratios
Table 23: Tesla, Inc.: Key Employees
Table 24: Hong Kong size of population (million), 2014-18
Table 25: Hong Kong gdp (constant 2005 prices, $ billion), 2014-18
Table 26: Hong Kong gdp (current prices, $ billion), 2014-18
Table 27: Hong Kong inflation, 2014-18
Table 28: Hong Kong consumer price index (absolute), 2014-18
Table 29: Hong Kong exchange rate, 2014-18
List of Figures
Figure 1: Hong Kong new cars market value: $ billion, 2014-18
Figure 2: Hong Kong new cars market volume: thousand units, 2014-18
Figure 3: Hong Kong new cars market geography segmentation: % share, by value, 2018
Figure 4: Hong Kong new cars market value forecast: $ billion, 2018-23
Figure 5: Hong Kong new cars market volume forecast: thousand units, 2018-23
Figure 6: Forces driving competition in the new cars market in Hong Kong, 2018
Figure 7: Drivers of buyer power in the new cars market in Hong Kong, 2018
Figure 8: Drivers of supplier power in the new cars market in Hong Kong, 2018
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Hong Kong, 2018
Figure 10: Factors influencing the threat of substitutes in the new cars market in Hong Kong, 2018
Figure 11: Drivers of degree of rivalry in the new cars market in Hong Kong, 2018
Figure 12: Hong Kong new cars market share: % share, by value, 2018

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