Global Luxury Car Market – Size, Share and Forecast (2019–2026)

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Luxury Car Market

  • Luxury car segment is often the first one to introduce new & revolutionary technologies to the market. Innovations such as massaging Seats, AirScarf, Self-closing doors, Blind spot monitoring features are initially introduced in Luxury cars.
  • Electric cars traditionally have not enjoyed massive success in the luxury car market. But this is expected to change in the future.

 

Luxury Car Industry Dynamics

  • The luxury car market is less sensitive to price than the broader automotive Industry. Luxury car segment is generally less affected by the financial downturn.
  • Increasing demand for luxury cars from developing countries is driving the market. The rise of environment-friendly vehicles is a significant trend in the market.
  • The rise in ridesharing facilities is restraining the luxury car market. Electric vehicles will further shape the market in the future.
  • Increasing sales of pre-owned luxury or used cars are critical restraint for the luxury car market globally.

 

Luxury Car Market Segmentation

  • Global Luxury Cars market is segmented by car size and by region.
  • By size, the market is segmented into small, mid-size, and large luxury cars. Small size luxury cars are the most significant segment in the market, as they are affordable for consumers especially from developing countries.

 

Luxury Car Market Geographical Share

  • By region, the market is segmented into North America, South America, Europe, Asia-pacific, rest of the world. Asia-pacific is the largest market mostly due to China.
  • The luxury car market in China is expected to drive the market in the forecast period with increasing consumer confidence. Thus China accounts for much of the growth in the luxury car market.
  • India has a large passenger car market, but luxury cars make a tiny percentage of the total demand. The share of luxury cars market in India is expected to grow due to the rise of the affluent middle-class population.

 

Luxury Car Market Competition Size

  • Major Players in the market include Mercedes Benz, BMW, Audi, Tesla, Lexus, Cadillac, Volvo, Jaguar, Porsche, and Infiniti.
  • German automakers Mercedes Benz, BMW, and Audi, dominate the market. Mercedes Benz remained the biggest luxury carmaker in 2017 for the second consecutive year due to tremendous growth in China. Tesla was the most significant player in large luxury cars in the US in 2017.


What are the key application segments covered in this report?

By Size

  • Small luxury car
  • Mid-size luxury car
  • Large luxury car

By Region

  • Asia Pacific
  • Europe
  • North America
  • South America
  • Rest of the World

 

Reasons for purchasing this report

  • Visualize the composition of the Global Luxury Cars market across each indication, concerning type highlighting the critical commercial assets and players.
  • Identify business opportunities in Global Luxury Cars market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of the Luxury Cars market level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in excel for the critical Global Luxury Cars market products of all major market players

 

Who can benefit from this report?

  • Government Agencies
  • Product Suppliers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Global Luxury Car Market

1. Luxury Car Market Methodology and Scope

1.1. Research Methodology

1.2. The scope of the Report

2. Luxury Car Market Industry Trends

2.1. Key Trends & Developments 

3. Luxury Car Market Outlook

3.1. Industry Impact Factors (Drivers & Restraints)

3.2. Competitive Intensity- Porter 5 Forces

4. Luxury Car Market Segmentation – By Size

4.1 Small luxury car

4.2 Mid-size luxury car

4.3 Large luxury car

5. Luxury Car Market – Regional, Country-level Analysis

5.1 North America

5.1.1 The United States

5.1.2 Canada

5.1.3 Mexico

5.2 South America

5.2.1 Brazil

5.2.2 Argentina

5.2.3 Rest of South America

5.3 Europe

5.3.1 Germany

5.3.2 France

5.3.3 United Kingdom

5.3.4 Rest of Europe

5.4 Asia-Pacific

5.4.1China

5.4.2 Japan

5.4.3 India

5.4.3 Rest of Asia-Pacific

5.5 Rest of the world

6. Luxury Car Market – Competitive Trends

6.1 Market Share /Rank Analysis

6.2 Key Strategies adopted by Companies

7. Luxury Car Market – Company Profiles

7.1 Mercedes Benz

7.2 BMW

7.3 Audi

7.4 Tesla

7.5 Lexus

7.6 Cadillac

7.7 Volvo

7.8 Jaguar

7.9 Porsche

7.10 Infiniti

8. Luxury Car Market – Appendix

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