Summary
Hybrid & Electric 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
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Turkish hybrid & electric cars market recorded revenues of $7,076.7 million in 2024, representing a compound annual growth rate (CAGR) of 80.3% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 74.4% between 2019 and 2024, reaching a total of 189,954.0 units in 2024.
- In 2024, the hybrid & electric cars market in Turkey experienced growth due to soaring fuel prices. Gasoline prices saw a significant rise due to the Special Consumption Tax (SCT), surpassing TRY43 ($1.3) per liter by April 2024, which represented a 113% increase from the previous year.
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 Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Turkey
- 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 Turkey hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the Turkey hybrid & electric cars market by value in 2024?
- What will be the size of the Turkey hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the Turkey hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up Turkey'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 in the market?
8 Company Profiles
8.1. Tesla Inc
8.2. Renault SA
8.3. Turkey's Automobile Enterprise Group Industry and Trade 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: Turkey hybrid & electric cars market value: $ million, 2019-24
Table 2: Turkey hybrid & electric cars market volume: Units, 2019-24
Table 3: Turkey hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Turkey hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Turkey hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Turkey hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Turkey hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: Renault SA: Key Facts
Table 12: Renault SA: Annual Financial Ratios
Table 13: Renault SA: Key Employees
Table 14: Turkey's Automobile Enterprise Group Industry and Trade Inc: Key Facts
Table 15: Turkey Size of Population (Million), 2020-24
Table 16: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Turkey GDP (Current Prices, $ Billion), 2020-24
Table 18: Turkey Inflation, 2020-24
Table 19: Turkey Consumer Price Index (Absolute), 2020-24
Table 20: Turkey Exchange Rate, 2019-24
List of Figures
Figure 1: Turkey hybrid & electric cars market value: $ million, 2019-24
Figure 2: Turkey hybrid & electric cars market volume: Units, 2019-24
Figure 3: Turkey hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Turkey hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Turkey hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Turkey hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Turkey, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Turkey, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Turkey, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Turkey, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Turkey, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Turkey, 2024
