Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#27 In EuropeBusiness
#24 In EuropeEmployees
#30 In EuropeWages
#26 In EuropeThe Motor Vehicle Manufacturing in Norway ranks 27 in Europe with regards to its 2024 revenue (€15.8m). Revenue received by operators in Norway has been moderate in volatility over the past five-year period, with the average annual change in revenue (2.2 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Motor Vehicle Manufacturing industry in Norway in 2024?
The market size of the Motor Vehicle Manufacturing industry in Norway is €15.8m in 2024.
How many businesses are there in the Motor Vehicle Manufacturing in Norway industry in 2024?
There are 14 businesses in the Motor Vehicle Manufacturing industry in Norway, which has grown at a CAGR of 7.0 % between 2019 and 2024.
Has the Motor Vehicle Manufacturing industry in Norway grown or declined over the past 5 years?
The market size of the Motor Vehicle Manufacturing industry in Norway has been declining at a CAGR of 2.2 % between 2019 and 2024.
What is the forecast growth of the Motor Vehicle Manufacturing industry in Norway over the next 5 years?
Over the next five years, the Motor Vehicle Manufacturing industry in Norway is expected to grow.
What does the Motor Vehicle Manufacturing in Norway include?
Passenger cars and Vans and minivans are part of the Motor Vehicle Manufacturing industry.
How competitive is the Motor Vehicle Manufacturing industry in Norway?
The level of competition is moderate and steady in the Motor Vehicle Manufacturing industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Engine & Turbine Manufacturing in Norway
- Aircraft, Engine & Parts Manufacturing in Norway
Complementors
- Pump, Compressor, Tap & Valve Manufacturing in Norway
- Motor Vehicle Parts & Accessories Manufacturing in Norway
Table of Contents
About this industry
Industry definition
Companies manufacture passenger cars, commercial vehicles, trailers, semi-trailers, buses and coaches. The industry also includes the production of chassis for motor vehicle engines and the rebuilding of motor vehicle engines.
What's included in this industry?
Passenger carsVans and minivans Trailers and Semi-Trailers Motor vehicle engines Buses and coaches Lorries Motor vehicle chassisIndustry Code
291 - Manufacture of motor vehicles in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Motor Vehicle Manufacturing in Norway
- Employees in the Motor Vehicle Manufacturing in Norway
- Business in the Motor Vehicle Manufacturing in Norway
- Profit in the Motor Vehicle Manufacturing in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Car makers must comply with heavy regulations at the national and European levels. All new cars must pass strict health and safety checks as well as real-world driving tests harmonised for most European countries.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Motor Vehicle Manufacturing in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
High steel prices ratchet up purchase costs. Semiconductor shortages and higher steel prices mean manufacturers have had to contend with higher purchase costs, which has hit industry profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Motor Vehicle Manufacturing in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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