Summary
Hybrid & Electric Cars in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The Australian hybrid & electric cars market had total revenues of $7.5 billion in 2022, representing a compound annual growth rate (CAGR) of 68.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 63.1% between 2017 and 2022, to reach a total of 121,635.0 units in 2022.
- The growth in the Australian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to the Westpac-Melbourne Institute, the consumer sentiment index in Australia stood at 84.3 in January 2023, up from 78 in October 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Australia
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the Australia hybrid & electric cars market by value in 2022?
- What will be the size of the Australia hybrid & electric cars market in 2027?
- What factors are affecting the strength of competition in the Australia hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's hybrid & electric cars market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
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. Category segmentation
4.2. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments on the market?
8 Company Profiles
8.1. BYD Company Limited
8.2. Hyundai Corporation
8.3. Toyota Motor Corporation
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: Australia hybrid & electric cars market value: $ million, 2017–22
Table 2: Australia hybrid & electric cars market volume: units, 2017–22
Table 3: Australia hybrid & electric cars market category segmentation: % share, by value, 2017–2022
Table 4: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 5: Australia hybrid & electric cars market geography segmentation: $ million, 2022
Table 6: Australia hybrid & electric cars market value forecast: $ million, 2022–27
Table 7: Australia hybrid & electric cars market volume forecast: units, 2022–27
Table 8: BYD Company Limited: key facts
Table 9: BYD Company Limited: Annual Financial Ratios
Table 10: BYD Company Limited: Key Employees
Table 11: Hyundai Corporation: key facts
Table 12: Hyundai Corporation: Annual Financial Ratios
Table 13: Hyundai Corporation: Key Employees
Table 14: Toyota Motor Corporation: key facts
Table 15: Toyota Motor Corporation: Annual Financial Ratios
Table 16: Toyota Motor Corporation: Key Employees
Table 17: Toyota Motor Corporation: Key Employees Continued
Table 18: Toyota Motor Corporation: Key Employees Continued
Table 19: Australia size of population (million), 2018–22
Table 20: Australia gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Australia gdp (current prices, $ billion), 2018–22
Table 22: Australia inflation, 2018–22
Table 23: Australia consumer price index (absolute), 2018–22
Table 24: Australia exchange rate, 2018–22
List of Figures
Figure 1: Australia hybrid & electric cars market value: $ million, 2017–22
Figure 2: Australia hybrid & electric cars market volume: units, 2017–22
Figure 3: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 4: Australia hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 5: Australia hybrid & electric cars market value forecast: $ million, 2022–27
Figure 6: Australia hybrid & electric cars market volume forecast: units, 2022–27
Figure 7: Forces driving competition in the hybrid & electric cars market in Australia, 2022
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Australia, 2022
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Australia, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Australia, 2022
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Australia, 2022
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Australia, 2022
