The United States is leading the ranking by revenue in the luxury cars market, recording 6.8 billion U.S. dollars. Following closely behind is Germany with 1.7 billion U.S. dollars, while Malaysia is trailing the ranking with 205.15 million U.S. dollars, resulting in a difference of 6.6 billion U.S. dollars to the ranking leader, the United States.
Data provided by Statista Market Insights are estimates.
The Luxury Cars Market segment includes passenger cars of an average footprint around 5m2 (54 ft2), an average mass around 2200kg (4850lbs) and a passenger/cargo volume larger than 3.4 m3 (120 ft3). Models in this market are characterized by their high price. There are numerous companies that produce exclusively for this market. All key figures shown represent the sales of new luxury cars in the basic configuration in the respective year. Used vehicles are not taken into account, nor is adapted equipment for the new cars sold. The prices and revenues shown as well as the distribution of connectivity, drive types, autonomy levels, and average CO2 emissions are accordingly based on the basic models.
European Car Segment: F (Luxury Cars)
US Car Segment: Large Cars
Chinese Car Segment: Category B
Also known as: Full-size Luxury Cars, High-end Luxury Cars, Oberklasse
Example models: Audi A8, BMW 7 Series, Jaguar XJ, Mercedes-Benz S-Class, Porsche Panamera.
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Statista. (August 16, 2024). Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country
Statista. "Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars)." Chart. August 16, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country
Statista. (2024). Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country
Statista. "Luxury Car Market Revenue Worldwide in 2023, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 16 Aug 2024, https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country
Statista, Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country (last visited September 20, 2024)
Luxury car market revenue worldwide in 2023, by country (in million U.S. dollars) [Graph], Statista, August 16, 2024. [Online]. Available: https://www.statista.com/forecasts/1273794/global-revenue-luxury-car-market-country