Executive Cars

China

(Core country: data based on in-depth analysis)

Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue in the Executive Cars market segment amounts to €43,433m in 2019.
  • From an international perspective it is shown that most revenue is generated in China (€43,433m in 2019).
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The Executive Cars Market segment includes passenger cars of an average footprint around 4.6m2 (50 ft2), an average mass around 1855kg (4100lbs) and a passenger/cargo volume larger than 3.4 m3(120 ft3). Due to their high performance and comfort features, executive cars are often viewed as status symbols. A high share of the Executive Cars market consists of company cars.

  • European Car Segment: E (Executive Cars)
  • US Car Segment: Large Cars
  • Chinese Car Segment: Category B
  • Also known as: Full-size Cars, Mid-size Luxury Cars

Background:
As automobiles grew in size in the 1950’s, so did their prices rise to accommodate the cost causing a new type of vehicle to emerge. The term “Executive Cars” started to be used in 1960’s to describe large, expensive cars which target consumers who comprised largely of upper-middle class: mid-senior and senior managers, as well as other successful professionals. Due to a growth of large (family cars), fuel efficacy and other factors, many manufactures stopped producing executive cars in the 1990’s and allocated their efforts in other market segments.

Example Models: Audi A6, BMW 5 Series, Jaguar XF, Peugeot 607, Saab 9-5, Volvo S80.

in-scope
  • Passenger cars - Executive cars
  • Premium executive cars
out-of-scope
  • -
Passenger Cars Report 2017 - Executive Cars

Passenger Cars Report 2017 - Executive Cars

Statista Consumer Market Outlook - Segment Report
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Vehicle Sales by make (2019)
+6.5% yoy
764.5t
Revenue by make (2019)
+6.3% yoy
€43,433m

Vehicle Sales by make

in the Executive Cars market in thousand vehicles

Reading Support Executive Cars unit sales are expected to reach 975.5t in 2023.

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Vehicle Sales:

The box shows vehicle sales of the selection (market segment, region, make) for each year.

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Revenue by make

in the Executive Cars market in million €

Reading Support Revenue in the Executive Cars market segment amounts to €43,433m in 2019.

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Revenue:

The box shows the forecasted revenue development of the selection (market segment, region, make).

A definition and detailed explanation of the displayed markets can be found here.
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Average Price

in the Executive Cars market in €

Reading Support The volume weighted average price of Executive Cars in 2019 is €56,815.

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Price per Unit:

The "Price per Unit" box shows the volume weighted average price per car in the selected market (market segment, region, make) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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Global Comparison - Revenue

in the Executive Cars market in million €

Reading Support With a market volume of €43,433m in 2019, most revenue is generated in China.

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Global Comparison – Revenue:

The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

201420152016201720182019202020212022 CAGR
(2014-2022)
Population in m
Number of individuals (all ages) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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0-14 years in m
Number of individuals (age 0-14) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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15-24 years in m
Number of individuals (age 15-24) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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25-34 years in m
Number of individuals (age 25-34) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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35-44 years in m
Number of individuals (age 35-44) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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45-54 years in m
Number of individuals (age 45-54) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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55+ years in m
Number of individuals (age 55 and older) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: UN
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Consumer spending (current) in €
Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista Research
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Transport in €
Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. | Source: Statista Research
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Consumer price index (CPI)
Consumer price index (CPI) for a weighted basket of goods and services. The weights of the components vary by country according to local consumption patterns. The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. | Source: IMF, Statista
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Mobility
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Passenger km (road) in pkm
Total movement of passengers on roads using inland transport on a given network. Data are expressed in passenger-kilometres per-capita, which represents the transport of each one passenger on a distance of one kilometre. | Source: OECD, Statista
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Passenger km (rail) in pkm
Total movement of passengers by rail using inland transport on a given network, data are expressed in passenger-kilometres per capita, which represents the transport of each one passenger on a distance of one kilometre | Source: OECD, Statista
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Air passengers in m
Number of passengers carried by air transport in the selected region | Source: ICAO, World Bank, Statista
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International trade
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Trade (% of GDP) in %
Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: World Bank, OECD, Statista
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Households in m
Total number of households in the selected region. | Source: Statista Research
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Urban population share in %
Share of population in the selected region living in urban areas | Source: World Bank, Statista
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GDP (current) in €
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: IMF, Statista
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Source: Statista, June 2019
Source: Statista, June 2019, based on IMF, World Bank, UN and Eurostat