The leading country in Europe's market share for passenger cars with an unloaded weight of at least 1500 kg is Poland at 21.57%, followed by France with 16.11%, and Portugal with 12.36%. Spain, Sweden, and Switzerland contribute smaller shares with 11.33%, 8.02%, and 6.72%, respectively. Notably, Liechtenstein marks the smallest share at just 0.05%.
Year-on-year variations in 2023 highlight strong growth in Poland (3.38%) and Hungary (3.35%), while other countries like Romania, Latvia, and Estonia also showed significant increases. Over the last five years, these trends suggest a robust CAGR, reflecting steady market growth across Europe.
Future trends to watch include potential growth in electric and hybrid vehicles within the heavy passenger car segment, driven by increasing environmental regulations and consumer demand for sustainable transportation solutions. A focus on technological advancements and changing preferences may further reshape this market segment.
Top countries in Number of Passenger Cars with an Unloaded Weight of at Least 1500 kg Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 21.57 | 2023 | +3.49% | +3.38% | View data |
| 2 | 2 France | 16.11 | 2023 | +0.37% | +0.43% | View data |
| 3 | 3 Portugal | 12.36 | 2023 | +1.74% | +1.51% | View data |
| 4 | 4 Spain | 11.33 | 2023 | +1.97% | +1.89% | View data |
| 5 | 5 Sweden | 8.02 | 2023 | +1.75% | +1.79% | View data |
| 6 | 6 Switzerland | 6.72 | 2023 | +1.79% | +1.83% | View data |
| 7 | 7 Austria | 4.84 | 2023 | +2.17% | +2.12% | View data |
| 8 | 8 Romania | 4.42 | 2023 | +4.01% | +3.24% | View data |
| 9 | 9 Norway | 3.68 | 2023 | +2.86% | +2.8% | View data |
| 10 | 10 Finland | 3.44 | 2023 | +2.39% | +2.37% | View data |
