The global luxury car market is expected to grow at a compound annual growth rate of 6.9% from 2023 to 2030 to reach USD 1,046.87 billion by 2030. Which segment accounted for the largest luxury car market share? Europe dominated the luxury car market with a share of 39.3% in 2022. This...
2023 & 2024 Europe Luxury Car market share report includes a forecast to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
1. How big is the China luxury car market? 2. What factors are driving the growth of the region China luxury car market? 3. What is the forecast for the China luxury car market in the region? 4. Which region accounted for the largest China luxury car market share? Need...
The Report Covers Asia-Pacific Luxury Car Market and it is Segmented by Vehicle Type (Hatchback, Sedan, SUV), by Drive (IC Engine, Electric), and Country. Buy Now Download Free PDF Now Asia-Pacific Luxury Car Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) ...
This has led to a surge in the demand for electric luxury cars, with several luxury car manufacturers introducing electric or hybrid models to cater to this growing market segment. Another trend in the market is the rise of luxury SUVs. Norwegian customers have shown a preference for spacious...
Where the mainstream market has largely stagnated, with little to no growth expected through 2031, the luxury segments should gain share during the same period, with growth rates ranging from 8 to 14 percent annually. What’s more, margins in the luxury segment ranged in the double digits ...
Local special circumstances:Malaysia's luxury car market is also influenced by local circumstances such as government policies and regulations. The Malaysian government has implemented tax incentives and exemptions for hybrid and electric vehicles, making them more affordable for customers. This has further...
Are there any affordable luxury car models? There are plenty of premium vehicles for sale in the US, including a number of near-luxury models. The latter includes the likes of the Tesla Model S, the Ford Explorer, and the Cadillac Lyriq. You can also peruse the used market if you refu...
For decades, the British car industry has provided us with prime examples of luxury vehicles, mainly via brands like Aston Martin, Rolls-Royce, or Bentley. Combining a bespoke approach, high performance, and irresistible charms, Aston Martin is always in-demand by wealthy customers who prefer to...
MARKET NEWS Previous Vacheron Constantin: The Quest: 270 years of excellence To celebrate its 270th birthday, Vacheron Constantin is preparing a unique exhibition entitled ‘The Quest: 270 years of seeking excellence’. This extraordinary event showcases not only historic models, but also the innovat...