Australia Automotive Market 2025-2033, Trends, Share, Demand And Forecast
20 Feb, 2025
Australia Automotive Market
Australia Automotive Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate:7.6%(2025-2033)
The Australia automotive market is expanding rapidly, owing to several interconnected factors. According to the latest report by IMARC Group, the market size reached 1.2 Million Units in 2024. Looking forward, IMARC Group expects the market to reach 2.5 Million Units by 2033, exhibiting a growth rate (CAGR) of 7.6% during2025-2033.
The high demand for fuel-efficient as well as environmentally friendly vehicles, supported by government initiatives promoting sustainability in transportation, are the factors responsible for the growth of the Australia automotive market. Additionally, the market is propelling as the popularity of hybrid and electric vehicles (EVs) is on the rise. Besides this, the incentives by government authorities, such as tax reductions and rebates for EV purchases, are fostering market growth. Moreover, the steady recovery of the economy and rising disposable incomes have boosted consumer spending on new vehicles. The market also benefits from the expanding infrastructure for EV charging stations and advancements in automotive technology, including driver-assistance systems and connectivity features, which enhance vehicle appeal across segments.
The growing penetration of EVs and the shift toward connected and autonomous vehicles are augmenting the Australia automotive market. In addition to this, automakers are introducing a diverse range of EV models to cater to different consumer needs, from compact cars to SUVs. Digitalization is transforming the automotive buying experience, with online platforms and virtual showrooms becoming increasingly popular for vehicle research and purchases. Furthermore, the rise of car subscription services and shared mobility solutions reflects changing ownership preferences, especially among younger demographics. Sustainability is a key focus, with manufacturers exploring recycled materials and energy-efficient production methods. Apart from this, the integration of advanced technologies, such as 5G connectivity and AI-powered systems, is paving the way for smarter and safer vehicles, which is anticipated to drive the Australia automotive market over the forecasted period.
Our report provides a deep dive into the market analysis, outlining the current trends, underlying Australia automotive market demand, and growth trajectories.
Australia Automotive Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
Passenger
Commercial Vehicles
Application Insights:
Personal Use
Municipal Use
Business Use
Regional Insights:
Australia Capital Territory & New South Wales
Victoria & Tasmania
Queensland
Northern Territory & Southern Australia
Western Australia
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.
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