Russia Light Vehicle Market, Forecast to 2023
Russia Light Vehicle Market, Forecast to 2023
Sales Volume of Light Vehicles in Russia to Approach 2.4 Million Units in 2023
04-May-2018
Asia Pacific
Description
The shifts in Russian economic and legislative environment changed the landscape of the automotive sector. As the market entered the new paradigm of post-recession economic recovery, the key participants in the segment (including OEMs and dealer chains) are preparing to tap into the new opportunities and develop a long-term strategy to hedge against the potential future risks that emerging markets are susceptible to. This study is a tool to be used in guidance for potential and current investors that are interested or already operate in the Russian automotive market. This study analyses the automotive market and industry in Russia, provides a strategic overview of the current macroeconomic situation in Russia, and discusses the future projections. The analysis focuses on the investment climate, impact of the recent economic recession on the automotive market, governmental policies, and the regulatory environment related to the automotive industry (implementation of ERA-GLONASS and its implications; trends related to import tariff, excise tax, utilization fee, transport tax, mandatory car insurance, and so on).
Research Highlights
The study analyses historical sales data from 2013 and provides forecasts until 2023, outlining the key driving and restraining forces that will impact the market over the next 5 years. The study captures such drivers as post-crisis demand revival, legislative initiatives targeting the fleet renewals, shifts in auto financing, and others. On the other hand, examples of restraints discussed include high borrowing costs and a decline in the model range supplied in the market.
The study outlines the key opportunities with regard to the LV market in Russia (such as the overall need to replace the aged vehicle fleet, resilience of the premium segment, and strong demand for SUVs). This research service provides insights on the used vehicle market (including the forecast till 2023, breakdowns by age and make, and the value chain) that gained strength in the time of economic downturn, as customers experienced a decrease in purchasing power and difficulty in obtaining credit. The analysis of the key segments is included in this work and confirms the projected growth in the SUV segment due to customer preferences and increase in supply of SUV models in the Russian market. Examples of the best-selling models within the key segments are outlined as well (this includes brief information about the vehicles’ key features and the formula behind their success).
Other points discussed in the study include: industry and localization, auto components, dealers snapshot, future technology trends (market for electric cars and infrastructure) and fleet/leasing with an overview of key regions. The study is based on the Frost & Sullivan scenario.
Table of Contents
Executive Summary—Key Takeaways
Overview of the Regulatory Structure in the Russian Market
Overall Russian Economy
Market Performance in Russia
Car Parc—Regional Distribution
Car Sales—Regional Distribution
Used Car Sales—Regional Distribution
Best Selling LV Models—Russia
Russian Light Vehicles Market—Key Technology Trends
Key Findings and Future Outlook
Research Scope
Research Aims and Objectives
Research Background
Research Methodology
Market Drivers
Market Restraints
Russia Outlook
Russia—Macroeconomic Overview
Coface Ratings
Russia—Population Trends
Russia—Macroeconomics of the Federal Districts
Russia’s Light Vehicles Parc
Geographical Distribution of LV Parc Versus Car Density
Parc Distribution by Age—Russia, Moscow and St. Petersburg
Parc Breakdown by Make
Russian Light Vehicles Market—Key Influencing Trends
Regulatory Environment
Government Support Programs
LV Sales Forecast Scenario Analysis
LV Sales Distribution by Federal Districts
LV Sales Distribution by Key Sub-regions/Cities
Light Vehicle Sales Breakdown by Make
Economic Recession Versus Market Shifts
Powertrain, Engine Size, and Fuel Prices
Progression of Sales—Chinese Brands
Market for Electric Cars in Russia
Russia LVs Sales Segmentation
Progression of Sales—Russian Versus Foreign Brands
Fleet and Leasing in Russia
Fleet Sales by Region
LV Market—Fleet Versus Retail
Top 5 Key Trends
Key Dealer Chains in Russia
Dealer Benchmarking
Used Versus New Car Markets
Used Car Market—Value Chain in Russia
Used Light Vehicle Sales Breakdown by Make
Age Structure and Euro Standards of Used LV Market
Contribution of the Automotive Industry in Russia’s Economy
Automotive Industry—State Support Allocation
Overview of Local Production
Manufacturing Localization in Russia
Market for Auto Components
Market for Auto Components by Key Categories
SWOT Analysis—Light Vehicles Market
TIES Project—5 Major Growth Opportunities
Strategic Imperatives for Conferencing Service Providers
Key Conclusions
Legal Disclaimer
Abbreviations and Acronyms Used
Market Engineering Methodology
List of Exhibits
- 1. Light Vehicle Market: Key Characteristics by Federal Districts, Russia, 2017
- 2. Light Vehicle Market: Used Car Sales—Key Characteristics by Federal Districts, Russia, 2017
- 3. Light Vehicle Market: Key Findings and Future Outlook, Russia, 2017 and 2023
- 4. Light Vehicle Market: Key Market Drivers, Russia, 2018–2023
- 5. Light Vehicle Market: Key Market Restraints, Russia, 2018–2023
- 6. Key Metrics Projections, Russia, 2016, 2017, and 2023 (Optimistic Scenario)
- 7. Macroeconomics of the Federal Districts, Russia, 2017
- 8. Excise Tax Evolution (RUB per Horse Power), Russia, 2009, 2012, and 2015–2017
- 9. Gasoline and Diesel Prices, Russia, November 2017
- 10. Light Vehicle Market: Overview of the Key Dealers in Russia, 2016
- 11. Automotive Industry: State Support Allocation, Russia, 2015–2018
- 12. Light Vehicle Market: Light Vehicle Production Overview, Russia, 2017
- 1. Light Vehicle Market: Key Takeaways, Russia, 2017–2023
- 2. GDP Constant Prices, Russia, 1993–2017
- 3. LV Sales Volume Forecast, Russia, 2012–2023
- 4. Light Vehicle Market: Best Selling Models, Russia, 2017
- 5. Light Vehicle Market: Key Technology Trends, Russia, 2017–2023
- 6. GDP, Inflation, and Real Wage—Growth Rates, Russia, 2012–2017
- 7. Currency Fluctuation USD and Euro Versus RUB, 2012–2017
- 8. Working Age Population Dynamics, Russia, 2017 and 2023
- 9. Top 5 Largest Cities in Russia by Population, 2016
- 10. Rate of Urbanization, Russia, 2017
- 11. Inflow of Immigrants from CIS Countries, 2013–2015
- 12. Geography of Federal Districts, Russia, 2017
- 13. Light Vehicle Market: Light Vehicle Parc Dynamics, Russia, 2013–2017
- 14. Light Vehicle Market: Geographical Distribution of LV Parc Versus Car Density, Russia, 2017
- 15. Light Vehicle Market: Light Vehicles (PC+LCV) Parc Age Breakdown, Russia, Moscow and St. Petersburg, 2017
- 16. Light Vehicle Market: LV Parc Breakdown by Make, Russia, 2017
- 17. Light Vehicle Market: LV Parc Breakdown by Make, Moscow, 2017
- 18. Light Vehicle Market: LV Parc Breakdown by Make, St. Petersburg, 2017
- 19. Light Vehicle Market: Key Influencing Trends, Russia, 2017–2023
- 20. Import Tariff Evolution, Russia, 2011–2020
- 21. Light Vehicle Market: LV Sales Forecast Scenario Analysis, Russia, 2012–2023
- 22. Light Vehicle Market: LV Sales Distribution Trend by Federal Districts, Russia, 2010–2017
- 23. Light Vehicle Market: LV Sales Distribution by Key Sub-Regions/Cities, Russia, 2010–2017
- 24. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2013
- 25. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2016
- 26. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2017
- 27. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2023
- 28. Light Vehicle Market: Segment Dynamics—Premium Versus Mass, Russia, 2013–2023
- 29. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2016
- 30. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2023
- 31. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2017
- 32. Light Vehicle Market: Volume Dynamics of Chinese Brands—Frost & Sullivan Scenario, Russia, 2013, 2017, and 2023
- 33. Light Vehicle Market: Chinese Brands Market Share Dynamics, Russia, 2017and 2023
- 34. Light Vehicle Market: Volume Dynamics of Electric Car Registrations, Russia, 2012–2017
- 35. Light Vehicle Market: Electric Cars UIO Regional Distribution, Russia, 2017
- 36. Light Vehicle Market: Percent Unit Shipment by Key Segments, Russia, 2013, 2017 and 2023
- 37. Light Vehicle Market: Volume Dynamics of Russian Brands—Frost & Sullivan Scenario, 2013, 2017 and 2023
- 38. Light Vehicle Market: Russian Brands Market Share Dynamics, Russia, 2017 and 2023
- 39. Light Vehicle Market: Snapshot of the Fleet & Leasing, Russia, 2017
- 40. Light Vehicle Market: Fleet Sales in the Top Regions, Russia, 2012–2017
- 41. Light Vehicle Market: Fleet Versus Retail Sales Forecast, Russia, 2013–2023
- 42. Light Vehicle Market: Key Dealer Trends, Russia, 2017
- 43. Key Russian Dealers by Revenue, Russia, 2015 and 2016 (Trillion Rubles)
- 44. Key Russian Dealers by Number of Vehicles Sold, Russia, 2015 and 2016 (Thousand Units)
- 45. Light Vehicle Market: Used Versus New Vehicle Sales, Russia, 2013–2023
- 46. Light Vehicle Market: Used Car Value Chain Structure, Russia, 2017
- 47. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2013
- 48. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2016
- 49. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2017
- 50. Light Vehicle Market: Age Structure of Used Vehicles Sold, Russia, 2013
- 51. Light Vehicle Market: Age Structure of Used Vehicles Sold, Russia, 2017
- 52. Automotive Industry as Percent of GDP, Russia, 2013–2017
- 53. Light Vehicle Market: LV Production Forecast Conservative Scenario Analysis, Russia, 2013–2023
- 54. Light Vehicle Market: Share of Imported and Locally Produced Auto Components, Russia, 2014 and 2016
- 55. Light Vehicle Market: Auto Components by Key Categories Original Equipment Versus Aftermarket, Russia, 2016–2017
- 56. Light Vehicle Market: Market for Auto Components Breakdown, Russia, 2016–2017
- 57. Light Vehicle Market: SWOT Analysis, Russia, 2017
- 58. Light Vehicle Market: Key Conclusions, Russia, 2017–2023
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Popular Topics
Research Highlights
The study analyses historical sales data from 2013 and provides forecasts until 2023, outlining the key driving and restraining forces that will impact the market over the next 5 years. The study captures such drivers as post-crisis demand revival, legislative initiatives targeting the fleet renewals, shifts in auto financing, and others. On the other hand, examples of restraints discussed include high borrowing costs and a decline in the model range supplied in the market.
The study outlines the key opportunities with regard to the LV market in Russia (such as the overall need to replace the aged vehicle fleet, resilience of the premium segment, and strong demand for SUVs). This research service provides insights on the used vehicle market (including the forecast till 2023, breakdowns by ag
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Table of Contents | | Executive Summary~ || Executive Summary—Key Takeaways~ || Overview of the Regulatory Structure in the Russian Market~ || Overall Russian Economy~ || Market Performance in Russia~ || Car Parc—Regional Distribution~ || Car Sales—Regional Distribution~ || Used Car Sales—Regional Distribution~ || Best Selling LV Models—Russia~ || Russian Light Vehicles Market—Key Technology Trends~ || Key Findings and Future Outlook~ | Research Scope, Objectives, Background, and Methodology~ || Research Scope~ || Research Aims and Objectives~ || Research Background~ || Research Methodology~ | Drivers and Restraints—Light Vehicle Market~ || Market Drivers~ || Market Restraints~ | Russia Light Vehicles Market~ || Russia Outlook~ || Russia—Macroeconomic Overview~ || Coface Ratings~ || Russia—Population Trends~ || Russia—Macroeconomics of the Federal Districts~ || Russia’s Light Vehicles Parc~ || Geographical Distribution of LV Parc Versus Car Density~ || Parc Distribution by Age—Russia, Moscow and St. Petersburg~ || Parc Breakdown by Make~ || Russian Light Vehicles Market—Key Influencing Trends~ || Regulatory Environment~ || Government Support Programs~ || LV Sales Forecast Scenario Analysis~ || LV Sales Distribution by Federal Districts~ || LV Sales Distribution by Key Sub-regions/Cities~ || Light Vehicle Sales Breakdown by Make~ || Economic Recession Versus Market Shifts~ || Powertrain, Engine Size, and Fuel Prices~ || Progression of Sales—Chinese Brands~ || Market for Electric Cars in Russia~ || Russia LVs Sales Segmentation~ || Progression of Sales—Russian Versus Foreign Brands~ || Fleet and Leasing in Russia~ || Fleet Sales by Region~ || LV Market—Fleet Versus Retail~ | Dealer Environment Overview~ || Top 5 Key Trends~ || Key Dealer Chains in Russia~ || Dealer Benchmarking~ | Russian Used Car Market~ || Used Versus New Car Markets~ || Used Car Market—Value Chain in Russia~ || Used Light Vehicle Sales Breakdown by Make~ || Age Structure and Euro Standards of Used LV Market~ | Automotive Industry~ || Contribution of the Automotive Industry in Russia’s Economy~ || Automotive Industry—State Support Allocation~ || Overview of Local Production~ | Market for Auto Components~ || Manufacturing Localization in Russia~ || Market for Auto Components~ || Market for Auto Components by Key Categories~ || SWOT Analysis—Light Vehicles Market~ | Growth Opportunities and Companies to Action~ || TIES Project—5 Major Growth Opportunities~ || Strategic Imperatives for Conferencing Service Providers~ | Conclusions and Future Outlook~ || Key Conclusions~ || Legal Disclaimer~ | Appendix~ || Abbreviations and Acronyms Used~ || Market Engineering Methodology~ || List of Exhibits~ |
List of Charts and Figures | 1. Light Vehicle Market: Key Characteristics by Federal Districts, Russia, 2017~ 2. Light Vehicle Market: Used Car Sales—Key Characteristics by Federal Districts, Russia, 2017~ 3. Light Vehicle Market: Key Findings and Future Outlook, Russia, 2017 and 2023~ 4. Light Vehicle Market: Key Market Drivers, Russia, 2018–2023~ 5. Light Vehicle Market: Key Market Restraints, Russia, 2018–2023~ 6. Key Metrics Projections, Russia, 2016, 2017, and 2023 (Optimistic Scenario)~ 7. Macroeconomics of the Federal Districts, Russia, 2017~ 8. Excise Tax Evolution (RUB per Horse Power), Russia, 2009, 2012, and 2015–2017~ 9. Gasoline and Diesel Prices, Russia, November 2017~ 10. Light Vehicle Market: Overview of the Key Dealers in Russia, 2016~ 11. Automotive Industry: State Support Allocation, Russia, 2015–2018~ 12. Light Vehicle Market: Light Vehicle Production Overview, Russia, 2017~| 1. Light Vehicle Market: Key Takeaways, Russia, 2017–2023~ 2. GDP Constant Prices, Russia, 1993–2017~ 3. LV Sales Volume Forecast, Russia, 2012–2023~ 4. Light Vehicle Market: Best Selling Models, Russia, 2017~ 5. Light Vehicle Market: Key Technology Trends, Russia, 2017–2023~ 6. GDP, Inflation, and Real Wage—Growth Rates, Russia, 2012–2017~ 7. Currency Fluctuation USD and Euro Versus RUB, 2012–2017~ 8. Working Age Population Dynamics, Russia, 2017 and 2023~ 9. Top 5 Largest Cities in Russia by Population, 2016~ 10. Rate of Urbanization, Russia, 2017~ 11. Inflow of Immigrants from CIS Countries, 2013–2015~ 12. Geography of Federal Districts, Russia, 2017~ 13. Light Vehicle Market: Light Vehicle Parc Dynamics, Russia, 2013–2017~ 14. Light Vehicle Market: Geographical Distribution of LV Parc Versus Car Density, Russia, 2017~ 15. Light Vehicle Market: Light Vehicles (PC+LCV) Parc Age Breakdown, Russia, Moscow and St. Petersburg, 2017~ 16. Light Vehicle Market: LV Parc Breakdown by Make, Russia, 2017~ 17. Light Vehicle Market: LV Parc Breakdown by Make, Moscow, 2017~ 18. Light Vehicle Market: LV Parc Breakdown by Make, St. Petersburg, 2017~ 19. Light Vehicle Market: Key Influencing Trends, Russia, 2017–2023~ 20. Import Tariff Evolution, Russia, 2011–2020~ 21. Light Vehicle Market: LV Sales Forecast Scenario Analysis, Russia, 2012–2023~ 22. Light Vehicle Market: LV Sales Distribution Trend by Federal Districts, Russia, 2010–2017~ 23. Light Vehicle Market: LV Sales Distribution by Key Sub-Regions/Cities, Russia, 2010–2017~ 24. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2013~ 25. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2016~ 26. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2017~ 27. Light Vehicle Market: LV Sales Breakdown by Make (Top 10), Russia, 2023~ 28. Light Vehicle Market: Segment Dynamics—Premium Versus Mass, Russia, 2013–2023~ 29. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2016~ 30. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2023~ 31. Light Vehicle Market: Powertrain, Engine Size, and Fuel Prices, Russia, 2017~ 32. Light Vehicle Market: Volume Dynamics of Chinese Brands—Frost & Sullivan Scenario, Russia, 2013, 2017, and 2023~ 33. Light Vehicle Market: Chinese Brands Market Share Dynamics, Russia, 2017and 2023~ 34. Light Vehicle Market: Volume Dynamics of Electric Car Registrations, Russia, 2012–2017~ 35. Light Vehicle Market: Electric Cars UIO Regional Distribution, Russia, 2017~ 36. Light Vehicle Market: Percent Unit Shipment by Key Segments, Russia, 2013, 2017 and 2023~ 37. Light Vehicle Market: Volume Dynamics of Russian Brands—Frost & Sullivan Scenario, 2013, 2017 and 2023~ 38. Light Vehicle Market: Russian Brands Market Share Dynamics, Russia, 2017 and 2023~ 39. Light Vehicle Market: Snapshot of the Fleet & Leasing, Russia, 2017~ 40. Light Vehicle Market: Fleet Sales in the Top Regions, Russia, 2012–2017~ 41. Light Vehicle Market: Fleet Versus Retail Sales Forecast, Russia, 2013–2023~ 42. Light Vehicle Market: Key Dealer Trends, Russia, 2017~ 43. Key Russian Dealers by Revenue, Russia, 2015 and 2016 (Trillion Rubles)~ 44. Key Russian Dealers by Number of Vehicles Sold, Russia, 2015 and 2016 (Thousand Units)~ 45. Light Vehicle Market: Used Versus New Vehicle Sales, Russia, 2013–2023~ 46. Light Vehicle Market: Used Car Value Chain Structure, Russia, 2017~ 47. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2013~ 48. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2016~ 49. Light Vehicle Market: Used LV Sales Breakdown by Make (Top 10), Russia, 2017~ 50. Light Vehicle Market: Age Structure of Used Vehicles Sold, Russia, 2013~ 51. Light Vehicle Market: Age Structure of Used Vehicles Sold, Russia, 2017~ 52. Automotive Industry as Percent of GDP, Russia, 2013–2017~ 53. Light Vehicle Market: LV Production Forecast Conservative Scenario Analysis, Russia, 2013–2023~ 54. Light Vehicle Market: Share of Imported and Locally Produced Auto Components, Russia, 2014 and 2016~ 55. Light Vehicle Market: Auto Components by Key Categories Original Equipment Versus Aftermarket, Russia, 2016–2017~ 56. Light Vehicle Market: Market for Auto Components Breakdown, Russia, 2016–2017~ 57. Light Vehicle Market: SWOT Analysis, Russia, 2017~ 58. Light Vehicle Market: Key Conclusions, Russia, 2017–2023~ |
Author | Anna Ozdelen |
Industries | Automotive |
WIP Number | MC38-01-00-00-00 |
Keyword 1 | Light Vehicle |
Is Prebook | No |
GPS Codes | 9674-A6,9694,9800-A6,9801-A6,9883-A6,9AF6-A6,9B02-A6 |