

New Cars in Norway - Âé¶¹Ô´´ Summary, Competitive Analysis and Forecast to 2024
Summary
New Cars in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). 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. Âé¶¹Ô´´ share data for the New Cars industry applies to 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. therefore where possible, market share data represents sales figures for every brand in that manufacturing group within each country. Any currency conversions used in this report have been calculated at constant 2019 annual average exchange rates.
- The Norwegian new cars market had total revenues of $5.6bn in 2019, representing a compound annual growth rate (CAGR) of 1.1% between 2015 and 2019.
- Âé¶¹Ô´´ consumption volumes declined with a compound annual rate of change (CARC) of -1.4% between 2015 and 2019, to reach a total of 142.4 thousand units in 2019.
- Growth in the hybrid & electric cars market grew incredibly strongly in 2016 and 2017, by 47.2% and 42.8% respectively, which helped to drive strong growth in the overall new cars market. While sales of hybrid & electric cars remained healthy during 2018 and 2019, this was not enough to offset declines in the sale of new petrol and diesel vehicles.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Norway
- 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 Norway new cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Norway new cars market by value in 2019?
- What will be the size of the Norway new cars market in 2024?
- What factors are affecting the strength of competition in the Norway new cars market?
- How has the market performed over the last five years?
- How large is Norway’s new cars market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
1.1. Âé¶¹Ô´´ value
1.2. Âé¶¹Ô´´ value forecast
1.3. Âé¶¹Ô´´ volume
1.4. Âé¶¹Ô´´ volume forecast
1.5. Geography segmentation
1.6. Âé¶¹Ô´´ share
1.7. Âé¶¹Ô´´ rivalry
1.8. Competitive Landscape
2 Âé¶¹Ô´´ Overview
2.1. Âé¶¹Ô´´ definition
2.2. Âé¶¹Ô´´ analysis
3 Âé¶¹Ô´´ Data
3.1. Âé¶¹Ô´´ value
3.2. Âé¶¹Ô´´ volume
4 Âé¶¹Ô´´ Segmentation
4.1. Geography segmentation
5 Âé¶¹Ô´´ Outlook
5.1. Âé¶¹Ô´´ value forecast
5.2. Âé¶¹Ô´´ 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. Âé¶¹Ô´´ share
7.2. Who are the leading players?
7.3. How are strategic alliances used by the leading companies?
7.4. How is new technology opening up competition?
7.5. How are leading players progressing in the hybrid & electric cars segment?
7.6. What impact is the COVID-19 pandemic having on leading players?
8 Company Profiles
8.1. Volkswagen AG
8.2. Toyota Motor Corporation
8.3. Geely Automobile Holdings Ltd
8.4. Bayerische Motoren Werke AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Âé¶¹Ô´´Line research
10.4. About Âé¶¹Ô´´Line
List of Tables
List of Tables
Table 1: Norway new cars market value: $ billion, 2015-19
Table 2: Norway new cars market volume: thousand units, 2015-19
Table 3: Norway new cars market geography segmentation: $ billion, 2019
Table 4: Norway new cars market value forecast: $ billion, 2019-24
Table 5: Norway new cars market volume forecast: thousand units, 2019-24
Table 6: Norway new cars market share: % share, by volume, 2019
Table 8: Volkswagen AG: Key Employees
Table 9: Volkswagen AG: Key Employees Continued
Table 11: Toyota Motor Corporation: Key Employees
Table 12: Toyota Motor Corporation: Key Employees Continued
Table 14: Geely Automobile Holdings Ltd: Key Employees
Table 16: Bayerische Motoren Werke AG: Key Employees
Table 17: Bayerische Motoren Werke AG: Key Employees Continued
Table 18: Norway size of population (million), 2015-19
Table 19: Norway gdp (constant 2005 prices, $ billion), 2015-19
Table 20: Norway gdp (current prices, $ billion), 2015-19
Table 21: Norway inflation, 2015-19
Table 22: Norway consumer price index (absolute), 2015-19
Table 23: Norway exchange rate, 2015-19
List of Figures
List of Figures
Figure 1: Norway new cars market value: $ billion, 2015-19
Figure 2: Norway new cars market volume: thousand units, 2015-19
Figure 3: Norway new cars market geography segmentation: % share, by value, 2019
Figure 4: Norway new cars market value forecast: $ billion, 2019-24
Figure 5: Norway new cars market volume forecast: thousand units, 2019-24
Figure 6: Forces driving competition in the new cars market in Norway, 2019
Figure 7: Drivers of buyer power in the new cars market in Norway, 2019
Figure 8: Drivers of supplier power in the new cars market in Norway, 2019
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Norway, 2019
Figure 10: Factors influencing the threat of substitutes in the new cars market in Norway, 2019
Figure 11: Drivers of degree of rivalry in the new cars market in Norway, 2019
Figure 12: Norway new cars market share: % share, by volume, 2019
Volkswagen AG
Toyota Motor Corporation
Geely Automobile Holdings Ltd
Bayerische Motoren Werke AG
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*If Applicable.