New Cars in Turkey
Description
New Cars in Turkey
Summary
New Cars in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
New Cars in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The Turkish new cars market recorded revenues of $32.6 billion in 2024, representing a compound annual growth rate (CAGR) of 18.1% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 20.6% between 2019 and 2024, reaching a total of 978,177.0 units in 2024.
- In 2024, Turkey accounted for a share of 6.6% of the European new cars market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Turkey
- 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 Turkey new cars market with five year forecasts
- What was the size of the Turkey new cars market by value in 2024?
- What will be the size of the Turkey new cars market in 2029?
- What factors are affecting the strength of competition in the Turkey new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey's new 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. 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 are the strengths of the leading players?
- 7.5. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Renault-Nissan-Mitsubishi Alliance
- 8.2. Stellantis NV
- 8.3. Hyundai Motor Co
- 8.4. Volkswagen AG
- 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: Turkey new cars market value: $ billion, 2019-24
- Table 2: Turkey new cars market volume: units, 2019-24
- Table 3: Turkey new cars market geography segmentation: $ billion, 2024
- Table 4: Turkey new cars market value forecast: $ billion, 2024-29
- Table 5: Turkey new cars market volume forecast: units, 2024-29
- Table 6: Turkey new cars market share: % share, by volume, 2024
- Table 7: Renault-Nissan-Mitsubishi Alliance: Key Facts
- Table 8: Renault-Nissan-Mitsubishi Alliance: Key Employees
- Table 9: Stellantis NV: Key Facts
- Table 10: Stellantis NV: Annual Financial Ratios
- Table 11: Stellantis NV: Key Employees
- Table 12: Stellantis NV: Key Employees Continued
- Table 13: Hyundai Motor Co: Key Facts
- Table 14: Hyundai Motor Co: Annual Financial Ratios
- Table 15: Hyundai Motor Co: Key Employees
- Table 16: Hyundai Motor Co: Key Employees Continued
- Table 17: Volkswagen AG: Key Facts
- Table 18: Volkswagen AG: Annual Financial Ratios
- Table 19: Volkswagen AG: Key Employees
- Table 20: Volkswagen AG: Key Employees Continued
- Table 21: Turkey Size of Population (Million), 2020-24
- Table 22: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 23: Turkey GDP (Current Prices, $ Billion), 2020-24
- Table 24: Turkey Inflation, 2020-24
- Table 25: Turkey Consumer Price Index (Absolute), 2020-24
- Table 26: Turkey Exchange Rate, 2019-24
- List of Figures
- Figure 1: Turkey new cars market value: $ billion, 2019-24
- Figure 2: Turkey new cars market volume: units, 2019-24
- Figure 3: Turkey new cars market geography segmentation: % share, by value, 2024
- Figure 4: Turkey new cars market value forecast: $ billion, 2024-29
- Figure 5: Turkey new cars market volume forecast: units, 2024-29
- Figure 6: Forces driving competition in the new cars market in Turkey, 2024
- Figure 7: Drivers of buyer power in the new cars market in Turkey, 2024
- Figure 8: Drivers of supplier power in the new cars market in Turkey, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Turkey, 2024
- Figure 10: Factors influencing the threat of substitutes in the new cars market in Turkey, 2024
- Figure 11: Drivers of degree of rivalry in the new cars market in Turkey, 2024
- Figure 12: Turkey new cars market share: % share, by volume, 2024
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