New Cars in Ireland 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 Ireland new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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 2016 annual average exchange rates.
The Irish new cars market had total revenues of $4,968.7m in 2016, representing a compound annual growth rate (CAGR) of 19.1% between 2012 and 2016.
Market consumption volume increased with a CAGR of 16.5% between 2012 and 2016, to reach a total of 146.6 thousand units in 2016.
Demand on the Irish market has been vast, led by the outperformance of the country’s economy since 2014, which boosted disposable incomes and consumers’ confidence. The peak of the market in 2015 was a result of a similar trend to country’s gross domestic products growth. Likewise, the deceleration of the market’s growth in 2016, though minor and maintaining a strong rate, was also consistent with the economy’s performance-trend.
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What was the size of the Ireland new cars market by value in 2016?
What will be the size of the Ireland new cars market in 2021?
What factors are affecting the strength of competition in the Ireland new cars market?
How has the market performed over the last five years?
Who are the top competitiors in Ireland's new cars market?