Significant fluctuations are estimated for all segments over the forecast period for the number of vehicle sales by make. Nevertheless, the number of vehicle sales by make is expected to be clearly the highest in the segment SUVs throughout the entire forecast period. For example, this segment reaches a maximum value of 546.57 thousand vehicles, which is significantly higher than the average of other highest values, which is amounting to 197.62 thousand vehicles.
Data provided by Statista Market Insights are estimates.
The Mobility Market specifically covers newly sold passenger cars, including small, medium, executive, and luxury cars as well as SUVs, minivans, and sports cars. However, motorcycles, buses, trucks, large vans, and light utility vehicles are not included. The market's segmentation is based on several factors, including physical properties (weight, volume, wheelbase) and economic factors (pricing, status, etc.). All key figures shown represent the sales of new cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models. Importantly, our focus is solely on the market for newly sold cars, distinct from the broader category of registered cars.
The Passenger Cars market is divided into further markets for small cars, medium cars, executive cars, luxury cars, SUVs, minivans, and sports cars. Additionally, it delves into different car brands, offering a comprehensive view of the market.
Insights are centered on newly sold cars in standard configurations, excluding used vehicles and customizations. Reported statistics align with base vehicle configurations, ensuring a focused understanding of the dynamic passenger car market.
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Statista Market Insights. (October 3, 2024). Volume in the Passenger Cars market for different segments South Korea from 2016 to 2029 (in thousand vehicles) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea
Statista Market Insights. "Volume in the Passenger Cars market for different segments South Korea from 2016 to 2029 (in thousand vehicles)." Chart. October 3, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea
Statista Market Insights. (2024). Volume in the Passenger Cars market for different segments South Korea from 2016 to 2029 (in thousand vehicles). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea
Statista Market Insights. "Volume in The Passenger Cars Market for Different Segments South Korea from 2016 to 2029 (in Thousand Vehicles)." Statista, Statista Inc., 3 Oct 2024, https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea
Statista Market Insights, Volume in the Passenger Cars market for different segments South Korea from 2016 to 2029 (in thousand vehicles) Statista, https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea (last visited December 23, 2024)
Volume in the Passenger Cars market for different segments South Korea from 2016 to 2029 (in thousand vehicles) [Graph], Statista Market Insights, October 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1441494/volume-passenger-cars-market-for-different-segments-south-korea