| Product Code: ETC5896618 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Norway continued to see a steady increase in automotive powertrain import shipments, with key exporters being Germany, China, Sweden, Italy, and Poland. The market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 4.57%, showcasing a consistent upward trend. Notably, the growth rate from 2023 to 2024 spiked to 8.12%, indicating a rapid expansion in the import market for automotive powertrains in Norway.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Automotive Powertrain Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Automotive Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Automotive Powertrain Market - Industry Life Cycle |
3.4 Norway Automotive Powertrain Market - Porter's Five Forces |
3.5 Norway Automotive Powertrain Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.6 Norway Automotive Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Norway Automotive Powertrain Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
4 Norway Automotive Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Norway due to government incentives and environmental regulations promoting clean energy. |
4.2.2 Technological advancements in automotive powertrain systems leading to improved efficiency and performance. |
4.2.3 Growing focus on sustainability and reducing carbon emissions driving the adoption of cleaner powertrain technologies in the automotive sector. |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and powertrain components limiting widespread adoption. |
4.3.2 Limited charging infrastructure for electric vehicles in certain regions of Norway. |
4.3.3 Uncertainty surrounding future regulations and policies related to automotive powertrains impacting market growth. |
5 Norway Automotive Powertrain Market Trends |
6 Norway Automotive Powertrain Market Segmentations |
6.1 Norway Automotive Powertrain Market, By Position |
6.1.1 Overview and Analysis |
6.1.2 Norway Automotive Powertrain Market Revenues & Volume, By FWD, 2021-2031F |
6.1.3 Norway Automotive Powertrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Norway Automotive Powertrain Market Revenues & Volume, By AWD, 2021-2031F |
6.2 Norway Automotive Powertrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Norway Automotive Powertrain Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Norway Automotive Powertrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Norway Automotive Powertrain Market Revenues & Volume, By HCV, 2021-2031F |
6.3 Norway Automotive Powertrain Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Norway Automotive Powertrain Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Norway Automotive Powertrain Market Revenues & Volume, By Diesel, 2021-2031F |
7 Norway Automotive Powertrain Market Import-Export Trade Statistics |
7.1 Norway Automotive Powertrain Market Export to Major Countries |
7.2 Norway Automotive Powertrain Market Imports from Major Countries |
8 Norway Automotive Powertrain Market Key Performance Indicators |
8.1 Average battery range of electric vehicles in Norway. |
8.2 Number of public charging stations for electric vehicles across the country. |
8.3 Percentage of new vehicle registrations that are electric or hybrid vehicles. |
8.4 Investment in research and development of advanced powertrain technologies in the automotive industry. |
8.5 Government subsidies and incentives for electric vehicle purchases and infrastructure development. |
9 Norway Automotive Powertrain Market - Opportunity Assessment |
9.1 Norway Automotive Powertrain Market Opportunity Assessment, By Position, 2021 & 2031F |
9.2 Norway Automotive Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Norway Automotive Powertrain Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
10 Norway Automotive Powertrain Market - Competitive Landscape |
10.1 Norway Automotive Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Norway Automotive Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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