高級車市場レポート：自動車タイプ、燃料タイプ、価格帯、地域別、2024年～2032年

世界の高級車市場規模は2023年に4,495億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて4.1%の成長率（CAGR）を示し、2032年には6,578億米ドルに達すると予測しています。同市場は、自動車における豪華さと快適さへの需要の高まり、安全性、コネクティビティ、エンターテインメント、パフォーマンスなどの自動車技術の進歩、持続可能性に対する大衆の意識の高まりによって、着実な成長を遂げています。

高級車市場の分析：

市場の成長と規模：新興市場における個人の可処分所得の増加に牽引され、市場は緩やかな成長を遂げています。豪華さと快適さに対する消費者の憧れの高まりと、高級車の機能における技術革新が市場成長の原動力となっています。

技術の進歩：高級車メーカーは常に最先端技術で限界に課題しています。これには、電気自動車やハイブリッド・モデル、高度な自律走行機能、最先端のインフォテインメント・システムなどが含まれます。

産業用途：高級車は、運転手付きサービス、企業向け車両、高級レンタカーなどに利用されています。

地理的動向：アジア太平洋地域が市場をリードしています。しかし、北米は高級車を好む消費者層が定着しており、急成長市場として浮上しています。

競合情勢：主要プレーヤーは、持続可能性の目標に沿うために電気自動車やハイブリッド技術に投資し、環境に優しい新世代の高級車を導入しています。

課題と機会：排ガス規制の強化や景気変動といった課題に直面する一方で、持続可能な高級車に対する需要への対応や未開拓市場への進出といった機会にも遭遇しています。

将来の展望：高級車市場の将来は、自律走行車の開発によって有望視されています。革新性、持続可能性、高級感のバランスを取ることができるブランドは、この進化する情勢において優位に立つと思われます。

高級車市場の動向：

豪華さと快適さに対する消費者の願望の高まり

世界中の消費者が自動車に求める豪華さと快適さへの憧れがますます高まっていることが、市場の成長を後押ししています。可処分所得の増加に伴い、個人は単なる移動手段ではなく、地位と名声の象徴を求めるようになっています。高級車は、比類ないレベルの職人技、快適性、性能を提供し、目の肥えたバイヤーにアピールします。こうした購買層は、高級車ブランドを所有することに伴う威信を重視し、しばしばそれを自分のイメージや社会的地位への投資と考えています。高級装備、豪華なインテリア、最先端技術、最高水準の安全基準への欲求が、高級車への需要を喚起しています。加えて、高級車市場は、高尚な体験を求める人間の根源的な欲求と、群衆の中で目立ちたいという願望が原動力となっており、高級車は成功と達成の象徴となっています。

高級車機能の技術革新

自動車技術の絶え間ない進歩は、市場の見通しを良好なものにしています。高級車メーカーは、最先端の機能や革新的な技術を自動車に取り入れる最前線にいます。これらのイノベーションは、安全性、コネクティビティ、エンターテインメント、パフォーマンスなど、さまざまな側面を包含しています。高級車は多くの場合、新技術のテストベッドとして機能し、最終的には主流自動車にトリクルダウンします。ADAS（先進運転支援システム）、アダプティブ・クルーズ・コントロール、レーン・キーピング・アシスタンス、自律走行機能といった機能は、高級車においてますます一般的になってきています。これらの技術革新は安全性を高めるだけでなく、高級車の所有者に高級感と利便性を提供します。さらに、高級車には最先端のインフォテインメント・システムが搭載され、直感的なタッチスクリーン、音声認識、スマートフォンやその他のデバイスとのシームレスな接続が組み込まれています。

世界的に拡大する中流・上流階級の人口構成

世界中で中流・上流階級の人口層が拡大していることが、市場の成長を後押ししています。経済成長に伴い、高級車を購入できる経済的余裕を得る人が増えています。新興市場では、購買力を増した中産階級の台頭が市場の成長を強めています。これらの消費者は、ステータスシンボルとして、また新たに見出した豊かさの反映として、高級車を所有することを熱望しています。さらに、既存市場では、既存の富裕層が成功と洗練の象徴として高級車を求め続けています。世界中の中流・上流階級の多様な消費者層を取り込む能力は、高級車市場の持続的成長のための強固な基盤を提供します。その結果、富裕層への人口動態の変化は、高級車需要を牽引する重要な要因となっています。

環境意識と持続可能性

環境問題への関心と持続可能性への意識の高まりは、市場にプラスの影響を与えています。高級車メーカーは、環境に優しい選択肢を求める需要に応えており、電気自動車やハイブリッド高級モデルの開発につながっています。消費者は二酸化炭素排出量を意識するようになり、豪華さと環境への責任の両方を提供する車を求めています。世界各国の政府がより厳しい排ガス規制を実施し、電気自動車（EV）に対するインセンティブを提供する中、高級車メーカーはこのような状況の変化に適応する必要に迫られています。その結果、多くの老舗高級車ブランドがEV技術に投資し、持続可能性の目標に沿った高性能でゼロ・エミッションの高級車を約束しています。この移行は、環境への懸念に対応するだけでなく、環境意識の高い高級車購入者の新たな層を惹きつけるものでもあります。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の高級車市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：車種別

• ハッチバック
  • 市場動向
  • 市場予測
• セダン
  • 市場動向
  • 市場予測
• スポーツ・ユーティリティ・ビークル
  • 市場動向
  • 市場予測

第7章 市場内訳：燃料タイプ別

• ガソリン
  • 市場動向
  • 市場予測
• ディーゼル
  • 市場動向
  • 市場予測
• 電気
  • 市場動向
  • 市場予測

第8章 市場内訳：価格帯別

• エントリーレベル
  • 市場動向
  • 市場予測
• ミッドレベル
  • 市場動向
  • 市場予測
• ハイエンド
  • 市場動向
  • 市場予測
• ウルトラ
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
    • 市場動向
    • 市場予測
  • カナダ
    • 市場動向
    • 市場予測
• アジア太平洋
  • 中国
    • 市場動向
    • 市場予測
  • 日本
    • 市場動向
    • 市場予測
  • インド
    • 市場動向
    • 市場予測
  • 韓国
    • 市場動向
    • 市場予測
  • オーストラリア
    • 市場動向
    • 市場予測
  • インドネシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 欧州
  • ドイツ
    • 市場動向
    • 市場予測
  • フランス
    • 市場動向
    • 市場予測
  • 英国
    • 市場動向
    • 市場予測
  • イタリア
    • 市場動向
    • 市場予測
  • スペイン
    • 市場動向
    • 市場予測
  • ロシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• ラテンアメリカ
  • ブラジル
    • 市場動向
    • 市場予測
  • メキシコ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 中東・アフリカ地域
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • AB Volvo
  • Aston Martin Lagonda Global Holding Plc
  • BMW AG
  • Daimler AG
  • Ferrari N.V.
  • Nissan Motor Company Ltd.
  • Tesla Inc
  • Toyota Motor Corporation
  • Volkswagen AG

List of Figures

• Figure 1: Global: Luxury Car Market: Major Drivers and Challenges
• Figure 2: Global: Luxury Car Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Luxury Car Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Luxury Car Market: Breakup by Vehicle Type (in %), 2023
• Figure 5: Global: Luxury Car Market: Breakup by Fuel Type (in %), 2023
• Figure 6: Global: Luxury Car Market: Breakup by Price Range (in %), 2023
• Figure 7: Global: Luxury Car Market: Breakup by Region (in %), 2023
• Figure 8: Global: Luxury Car (Hatchback) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Luxury Car (Hatchback) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Luxury Car (Sedan) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Luxury Car (Sedan) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Luxury Car (Sports Utility Vehicle) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Luxury Car (Sports Utility Vehicle) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Luxury Car (Gasoline) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Luxury Car (Gasoline) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Luxury Car (Diesel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Luxury Car (Diesel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Luxury Car (Electric) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Luxury Car (Electric) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Luxury Car (Entry-Level) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Luxury Car (Entry-Level) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Luxury Car (Mid-Level) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Luxury Car (Mid-Level) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Luxury Car (High-End) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Luxury Car (High-End) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Luxury Car (Ultra) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Luxury Car (Ultra) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: North America: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: North America: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: United States: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: United States: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Canada: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Canada: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Asia-Pacific: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Asia-Pacific: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: China: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: China: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Japan: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Japan: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: India: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: India: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: South Korea: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: South Korea: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: Australia: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: Australia: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: Indonesia: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: Indonesia: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Others: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Others: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Europe: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Europe: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Germany: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Germany: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: France: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: France: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: United Kingdom: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: United Kingdom: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: Italy: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: Italy: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: Spain: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: Spain: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: Russia: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: Russia: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Others: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Others: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: Latin America: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: Latin America: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: Brazil: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 69: Brazil: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: Mexico: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 71: Mexico: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: Others: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 73: Others: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 74: Middle East and Africa: Luxury Car Market: Sales Value (in Million US$), 2018 & 2023
• Figure 75: Middle East and Africa: Luxury Car Market: Breakup by Country (in %), 2023
• Figure 76: Middle East and Africa: Luxury Car Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 77: Global: Luxury Car Industry: SWOT Analysis
• Figure 78: Global: Luxury Car Industry: Value Chain Analysis
• Figure 79: Global: Luxury Car Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Luxury Car Market: Key Industry Highlights, 2023 & 2032
• Table 2: Global: Luxury Car Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
• Table 3: Global: Luxury Car Market Forecast: Breakup by Fuel Type (in Million US$), 2024-2032
• Table 4: Global: Luxury Car Market Forecast: Breakup by Price Range (in Million US$), 2024-2032
• Table 5: Global: Luxury Car Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Luxury Car Market: Competitive Structure
• Table 7: Global: Luxury Car Market: Key Players

Abstract

The global luxury car market size reached US$ 449.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 657.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032. The market is experiencing steady growth driven by the growing demand for opulence and comfort in vehicles, advancements in automotive technology, including safety, connectivity, entertainment, and performance, and rising awareness among the masses about sustainability.

Luxury Car Market Analysis:

Market Growth and Size: The market is witnessing moderate growth, driven by the increasing disposable income of individuals in emerging markets. The rising consumer aspirations for luxury and comfort and technological innovations in luxury car features are impelling the market growth.

Technological Advancements: Luxury car manufacturers are constantly pushing boundaries with cutting-edge technology. This includes electric and hybrid models, advanced autonomous driving features, and state-of-the-art infotainment systems.

Industry Applications: Luxury cars find applications in chauffeur services, corporate fleets, and high-end rentals.

Geographical Trends: Asia Pacific leads the market, driven by inflating income levels of individuals. However, North America is emerging as a fast-growing market on account of its well-established consumer base with a penchant for high-end vehicles.

Competitive Landscape: Key players are investing in electric and hybrid technologies to align with sustainability goals, introducing a new generation of eco-friendly luxury vehicles.

Challenges and Opportunities: While the market faces challenges, such as stricter emission regulations and economic fluctuations, it also encounters opportunities in catering to the demand for sustainable luxury and expanding into untapped markets.

Future Outlook: The future of the luxury car market looks promising, with the development of autonomous vehicles. Brands that can strike a balance between innovation, sustainability, and luxury will likely excel in this evolving landscape.

Luxury Car Market Trends:

Rising consumer aspirations for luxury and comfort

The ever-increasing aspirations of consumers worldwide for opulence and comfort in their vehicles is bolstering the growth of the market. As disposable incomes are rising, individuals are seeking not just transportation but a symbol of status and prestige. Luxury cars offer an unparalleled level of craftsmanship, comfort, and performance that appeals to discerning buyers. These buyers value the prestige associated with owning a luxury car brand, often considering it an investment in their image and social standing. The desire for exclusive features, plush interiors, cutting-edge technology, and top-tier safety standards are catalyzing the demand for luxury automobiles. In addition, the luxury car market is driven by the fundamental human desire for elevated experiences and the aspiration to stand out in a crowd, making luxury cars a symbol of success and achievement.

Technological innovations in luxury car features

Constant advancements in automotive technology are offering a favorable market outlook. Luxury car manufacturers are at the forefront of integrating cutting-edge features and innovations into their vehicles. These innovations encompass various aspects, including safety, connectivity, entertainment, and performance. Luxury cars often serve as testbeds for new technologies that eventually trickle down to mainstream automobiles. Features, such as advanced driver-assistance systems (ADAS), adaptive cruise control, lane-keeping assistance, and autonomous driving capabilities are becoming increasingly common in luxury vehicles. These innovations not only enhance safety but also provide a sense of exclusivity and convenience to luxury car owners. Moreover, luxury cars are equipped with state-of-the-art infotainment systems, incorporating intuitive touchscreens, voice recognition, and seamless connectivity with smartphones and other devices.

Expanding middle and upper-class demographics worldwide

The expansion of the middle and upper-class demographics across the globe is propelling the growth of the market. As economies are growing, more people are attaining the financial means to afford luxury vehicles. In emerging markets, a rising middle class with increased purchasing power is strengthening the market growth. These consumers aspire to own luxury cars as a status symbol and a reflection of their newfound prosperity. Furthermore, in established markets, the existing affluent population continues to seek out luxury vehicles as a symbol of success and refinement. The ability to tap into diverse consumer segments within the middle and upper classes worldwide provides a robust foundation for sustained growth in the luxury car market. As a result, the demographic shift towards affluence is a crucial factor driving the demand for luxury automobiles.

Environmental consciousness and sustainability

Environmental concerns and a growing awareness of sustainability are positively influencing the market. Luxury car manufacturers are responding to the demand for eco-friendly options, leading to the development of electric and hybrid luxury models. Consumers are becoming more conscious of their carbon footprint and are seeking vehicles that offer both opulence and environmental responsibility. As governments worldwide implement stricter emissions regulations and offer incentives for electric vehicles (EVs), luxury carmakers are compelled to adapt to this changing landscape. Consequently, many established luxury car brands are investing in EV technology, promising high-performance and zero-emission luxury cars that align with sustainability goals. This transition not only addresses environmental concerns but also attracts a new segment of eco-conscious luxury car buyers.

Luxury Car Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on vehicle type, fuel type, and price range.

Breakup by Vehicle Type:

Hatchback

Sedan

Sports Utility Vehicle

Sedan accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes hatchback, sedan, and sports utility vehicle. According to the report, sedan represented the largest segment.

Sedans are renowned for their timeless elegance, superior comfort, and exceptional driving experience. Luxury sedans often feature spacious and well-appointed interiors with premium materials, advanced infotainment systems, and cutting-edge safety technologies. They appeal to buyers who prioritize a smooth and refined ride, along with the prestige associated with classic luxury brands. Sedans range from compact to full-size, offering a wide choice for consumers seeking a balance of performance and sophistication.

SUVs are gaining significant traction in the luxury car market in recent years. Luxury SUVs combine the versatility and ruggedness of traditional SUVs with high-end amenities and technology. These vehicles offer ample space, elevated driving positions, and the ability to handle various terrains, making them appealing to buyers seeking a blend of luxury and practicality.

While hatchbacks are less common in the luxury car market compared to sedans and SUVs, they cater to a niche segment of buyers looking for a compact and sporty luxury option. Luxury hatchbacks offer a combination of style, agility, and premium features in a smaller package. They are ideal for urban dwellers who value maneuverability and upscale features in a city-friendly design.

Breakup by Fuel Type:

Gasoline

Diesel

Electric

Gasoline holds the largest share in the industry

A detailed breakup and analysis of the market based on the fuel type have also been provided in the report. This includes gasoline, diesel, and electric. According to the report, gasoline accounted for the largest market share.

Gasoline-powered luxury cars are known for their powerful and refined internal combustion engines, offering a blend of performance and sophistication. Luxury automakers have consistently produced a wide range of gasoline-powered models, ranging from compact sports cars to full-size sedans and SUVs. Buyers who value the distinctive engine notes, quick acceleration, and a broad choice of body styles often gravitate towards gasoline-powered luxury cars. Despite the growing interest in electric and hybrid alternatives, gasoline luxury cars continue to dominate the market due to their legacy of performance and established consumer base.

Diesel-powered luxury cars occupy a niche within the luxury car market. They are known for their fuel efficiency and torque-rich engines, making them appealing for long-distance driving and highway cruising. Diesel luxury cars are often favored by buyers who prioritize high mileage and the ability to cover extensive distances between refueling.

Electric luxury cars represent a rapidly growing segment within the luxury car market, driven by the shift towards sustainability and environmental consciousness. These vehicles are powered by electric motors and offer zero-emission driving, aligning with the green aspirations of modern consumers.

Breakup by Price Range:

Entry-Level

Mid-Level

High-End

Ultra

The report has provided a detailed breakup and analysis of the market based on the price range. This includes entry-level, mid-level, high-end, and ultra.

Entry-level luxury cars represent the most affordable segment within the luxury car market. These vehicles offer a taste of luxury with a lower price point compared to their higher-tier counterparts. While they may have fewer premium features than mid-level or high-end luxury cars, entry-level models still provide a comfortable and sophisticated driving experience. They often attract younger buyers or those entering the luxury car market for the first time, seeking a blend of quality, style, and value for money.

Mid-level luxury cars strike a balance between affordability and premium features. These vehicles cater to buyers who desire a higher level of luxury, advanced technology, and performance, but are mindful of budget constraints. Mid-level luxury cars typically offer a wide range of options, including sedans, SUVs, and sporty models, appealing to a broad audience of luxury car enthusiasts.

High-end luxury cars are designed to deliver a heightened level of opulence and performance. These vehicles have top-tier craftsmanship, advanced technology, and exceptional comfort. High-end luxury cars are favored by discerning buyers who are willing to invest significantly for the pinnacle of luxury and exclusivity. They often come with advanced safety features, bespoke customization options, and powerful engines, catering to those who demand the best in both style and performance.

The ultra-luxury segment represents the epitome of automotive extravagance. These cars are crafted with painstaking attention to detail, featuring bespoke materials, handcrafted interiors, and the most advanced technology available. Ultra-luxury cars are often the choice of high-net-worth individuals and celebrities who seek the utmost in exclusivity and prestige. They are typically produced in limited quantities and offer an unparalleled level of customization, allowing buyers to create truly unique and personalized vehicles.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest luxury car market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share due to rapid economic growth in countries, such as China and India. The expanding middle class, rising disposable incomes, and a strong appetite for premium vehicles are catalyzing the demand for luxury cars in this region. Luxury car manufacturers have strategically targeted Asia Pacific markets, introducing a wide range of models to cater to the diverse preferences of consumers.

North America remains a significant luxury car market, comprising the United States and Canada. The region has a well-established consumer base with a penchant for high-end vehicles. Luxury car brands from around the world have a strong presence in North America, offering a diverse lineup of sedans, SUVs, and performance models.

Europe has a rich history of luxury car manufacturing and continues to be a vital market for luxury vehicles. Countries like Germany, the United Kingdom, and Italy are home to renowned luxury car brands, and consumers in Europe value both traditional craftsmanship and cutting-edge technology.

The luxury car market in Latin America is showing growth potential, especially in countries like Brazil and Mexico. While it may be smaller in scale compared to Asia Pacific or North America, Latin America represents an emerging market for luxury car manufacturers.

The Middle East and Africa also constitute a niche but steadily growing segment of the luxury car market. The affluence in the region, coupled with a preference for luxury and high-status products, is making it an attractive market for luxury car brands.

Leading Key Players in the Luxury Car Industry:

Key players are innovating and adapting to evolving consumer demands. They are investing in electric and hybrid technologies to align with sustainability goals, introducing a new generation of eco-friendly luxury vehicles. Additionally, these manufacturers are focusing on autonomous driving features, advancing towards self-driving luxury cars that enhance safety and convenience. Personalization and customization options are also at the forefront, allowing people to tailor their vehicles as per their preferences. Furthermore, strategic collaborations with tech companies for seamless connectivity and infotainment systems are a common trend. In a rapidly changing landscape, luxury car brands are committed to maintaining their status as industry leaders by combining tradition with innovation to meet the ever-increasing expectations of discerning buyers.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

AB Volvo

Aston Martin Lagonda Global Holding Plc

BMW AG

Daimler AG

Ferrari N.V.

Nissan Motor Company Ltd.

Tesla Inc

Toyota Motor Corporation

Volkswagen AG

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

March 23, 2021: AB Volvo and technology company ECARX announced the plan to set up a new joint venture for the development and commercialization of a cutting-edge infotainment system platform. The planned joint venture would allow both companies to speed up technology development, improve cost efficiency, and create new revenue streams.

December 19, 2023: Daimler AG (Mercedes-Benz) received permits for special exterior marker lights for automated driving in the states of California and Nevada. These permits allow Mercedes-Benz to gain important insights into the interaction of automated vehicles and other road users. The inclusion of marker lights is poised to substantially enhance public acceptance of automated driving and contribute to road safety, as the lights make the automated driving system's status clearly visible from the exterior.

November 14-16, 2023: Aston Martin Lagonda Global Holding Plc revealed the limited edition of DBX707 AMR23 Edition. This Formula one car is provided with a 697-horsepower exterior design.

Key Questions Answered in This Report

• 1. What was the size of the global luxury car market in 2023?
• 2. What is the expected growth rate of the global luxury car market during 2024-2032?
• 3. What are the key factors driving the global luxury car market?
• 4. What has been the impact of COVID-19 on the global luxury car market?
• 5. What is the breakup of the global luxury car market based on the vehicle type?
• 6. What is the breakup of the global luxury car market based on the fuel type?
• 7. What are the key regions in the global luxury car market?
• 8. Who are the key players/companies in the global luxury car market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Luxury Car Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Vehicle Type

• 6.1 Hatchback
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Sedan
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Sports Utility Vehicle
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Fuel Type

• 7.1 Gasoline
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Diesel
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Electric
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

8 Market Breakup by Price Range

• 8.1 Entry-Level
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Mid-Level
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 High-End
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Ultra
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 AB Volvo
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Aston Martin Lagonda Global Holding Plc
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
  • 14.3.3 BMW AG
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
    • 14.3.3.4 SWOT Analysis
  • 14.3.4 Daimler AG
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Ferrari N.V.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Nissan Motor Company Ltd.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Tesla Inc
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Toyota Motor Corporation
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Volkswagen AG
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis