Summary
Car Manufacturing in Finland 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
- The car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
- The Finnish car manufacturing industry recorded revenues of $0.5 billion in 2024, representing a negative compound annual growth rate (CAGR) of 27.3% between 2019 and 2024.
- Car had the highest volume in the Finnish car manufacturing industry in 2024, with a total of 22.4 thousand units, equivalent to 100.0% of the industry's overall volume.
- The Finnish car manufacturing industry’s production volume contracted by 25.9% in 2024, primarily due to a constrained workforce and a limited local supply chain. The scarcity of technically trained workers in vehicle assembly and automation functions hampered factory-level operations, especially in high-precision tasks required for electrified vehicle variants.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the car manufacturing market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the car manufacturing market in Finland
- Leading company profiles reveal details of key car manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Finland car manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Finland car manufacturing market by value in 2024?
- What will be the size of the Finland car manufacturing market in 2029?
- What factors are affecting the strength of competition in the Finland car manufacturing market?
- How has the market performed over the last five years?
- What are the main segments that make up Finland's car manufacturing 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 share
1.8. Market rivalry
1.9. 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. Market share
7.2. Who are the leading players?
7.3. What are the strengths of a leading player?
7.4. What are the strategies used by the leading player?
8 Company Profiles
8.1. Valmet Corp
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: Finland car manufacturing industry value: $ billion, 2019-24
Table 2: Finland car manufacturing industry volume: thousand units, 2019-24
Table 3: Finland car manufacturing industry category segmentation: % share, by volume, 2019-24
Table 4: Finland car manufacturing industry category segmentation: thousand units, 2019-24
Table 5: Finland car manufacturing industry geography segmentation: $ billion, 2024
Table 6: Finland car manufacturing industry value forecast: $ billion, 2024-29
Table 7: Finland car manufacturing industry volume forecast: thousand units, 2024-29
Table 8: Finland car manufacturing industry share: % share, by volume, 2024
Table 9: Valmet Corp: Key Facts
Table 10: Valmet Corp: Annual Financial Ratios
Table 11: Valmet Corp: Key Employees
Table 12: Finland Size of Population (Million), 2020-24
Table 13: Finland Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 14: Finland GDP (Current Prices, $ Billion), 2020-24
Table 15: Finland Inflation, 2020-24
Table 16: Finland Consumer Price Index (Absolute), 2020-24
Table 17: Finland Exchange Rate, 2019-24
List of Figures
Figure 1: Finland car manufacturing industry value: $ billion, 2019-24
Figure 2: Finland car manufacturing industry volume: thousand units, 2019-24
Figure 3: Finland car manufacturing industry category segmentation: thousand units, 2019-24
Figure 4: Finland car manufacturing industry geography segmentation: % share, by value, 2024
Figure 5: Finland car manufacturing industry value forecast: $ billion, 2024-29
Figure 6: Finland car manufacturing industry volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the car manufacturing industry in Finland, 2024
Figure 8: Drivers of buyer power in the car manufacturing industry in Finland, 2024
Figure 9: Drivers of supplier power in the car manufacturing industry in Finland, 2024
Figure 10: Factors influencing the likelihood of new entrants in the car manufacturing industry in Finland, 2024
Figure 11: Factors influencing the threat of substitutes in the car manufacturing industry in Finland, 2024
Figure 12: Drivers of degree of rivalry in the car manufacturing industry in Finland, 2024
Figure 13: Finland car manufacturing industry share: % share, by volume, 2024
