Analysis of competition and dominance level on the passenger car market of Republic of Korea

The article is devoted to the analysis of statistical data provided by the Committee of Automakers of the Association of European Businesses (AEB) on the volume of sales of passenger cars of various brands on the market of the Republic of Korea from 2010 to 2021. The article describes the history an...

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Main Authors: O. V. Kudryavtseva, P. S. Abramova, N. I. Markov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2023-05-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/382
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author O. V. Kudryavtseva
P. S. Abramova
N. I. Markov
author_facet O. V. Kudryavtseva
P. S. Abramova
N. I. Markov
author_sort O. V. Kudryavtseva
collection DOAJ
description The article is devoted to the analysis of statistical data provided by the Committee of Automakers of the Association of European Businesses (AEB) on the volume of sales of passenger cars of various brands on the market of the Republic of Korea from 2010 to 2021. The article describes the history and current trends of the market in question. Moreover, the authors summarize previously conducted research on this topic, providing a list of relevant studies. By using the competitive analysis tool — SV matrix, the study aims to provide information of scientific importance on the subject of competitive environment within the market under consideration, as well as to identify leading companies. An interpretation based on the results of the study is presented as well. It includes an explanation of the dynamics in the market, including changes in the market share of companies within the selected time period, a description of the specificities of the modern market leaders development and the reasons for the existing competitive environment. The conclusion is made about the relative stability of the South Korean automobile market, which has a national manufacturer and retailer as a market leader throughout the analyzed period. Moreover, quite a reasonable assumption is made about the relevance of the development pattern of the South Korean automobile market for the corresponding market of the Russian Federation.
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record_format Article
series Мир новой экономики
spelling doaj-art-cbf9cab3cfd44697bd9f12e0a04446df2025-08-04T10:21:27ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722023-05-01171123010.26794/2220-6469-2023-17-1-12-30372Analysis of competition and dominance level on the passenger car market of Republic of KoreaO. V. Kudryavtseva0P. S. Abramova1N. I. Markov2Lomonosov Moscow State UniversityLomonosov Moscow State UniversityLomonosov Moscow State UniversityThe article is devoted to the analysis of statistical data provided by the Committee of Automakers of the Association of European Businesses (AEB) on the volume of sales of passenger cars of various brands on the market of the Republic of Korea from 2010 to 2021. The article describes the history and current trends of the market in question. Moreover, the authors summarize previously conducted research on this topic, providing a list of relevant studies. By using the competitive analysis tool — SV matrix, the study aims to provide information of scientific importance on the subject of competitive environment within the market under consideration, as well as to identify leading companies. An interpretation based on the results of the study is presented as well. It includes an explanation of the dynamics in the market, including changes in the market share of companies within the selected time period, a description of the specificities of the modern market leaders development and the reasons for the existing competitive environment. The conclusion is made about the relative stability of the South Korean automobile market, which has a national manufacturer and retailer as a market leader throughout the analyzed period. Moreover, quite a reasonable assumption is made about the relevance of the development pattern of the South Korean automobile market for the corresponding market of the Russian Federation.https://wne.fa.ru/jour/article/view/382automobile marketautomotive industrycompetitive analysiseconomic dominancesouth koreasv matrixmanufacturerstheory of economic dominance
spellingShingle O. V. Kudryavtseva
P. S. Abramova
N. I. Markov
Analysis of competition and dominance level on the passenger car market of Republic of Korea
Мир новой экономики
automobile market
automotive industry
competitive analysis
economic dominance
south korea
sv matrix
manufacturers
theory of economic dominance
title Analysis of competition and dominance level on the passenger car market of Republic of Korea
title_full Analysis of competition and dominance level on the passenger car market of Republic of Korea
title_fullStr Analysis of competition and dominance level on the passenger car market of Republic of Korea
title_full_unstemmed Analysis of competition and dominance level on the passenger car market of Republic of Korea
title_short Analysis of competition and dominance level on the passenger car market of Republic of Korea
title_sort analysis of competition and dominance level on the passenger car market of republic of korea
topic automobile market
automotive industry
competitive analysis
economic dominance
south korea
sv matrix
manufacturers
theory of economic dominance
url https://wne.fa.ru/jour/article/view/382
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AT psabramova analysisofcompetitionanddominancelevelonthepassengercarmarketofrepublicofkorea
AT nimarkov analysisofcompetitionanddominancelevelonthepassengercarmarketofrepublicofkorea