Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue in the Luxury Cars market segment amounts to €4,585m in 2019.
  • From an international perspective it is shown that most revenue is generated in United States (€6,440m in 2019).
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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 of this market are also characterized by their high price. There are numerous companies that produce exclusively for this market.

  • 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

Background:
The Luxury Cars Market existed as long the automotive industry, with manufacturers offering their premium models to the upper economic class. Initially dominated by European and American companies, the market structure changed significantly in the 1990’s when the Japanese manufactures Honda, Toyota and Nissan launched their luxury brands Acura, Lexus and Infinity, respectively.
In general, the market for Luxury Cars is highly influenced by the distribution of wealth within a country / region and shows high se
nsitivity to recession periods.

Example Models: Audi A8, BMW 7 Series, Jaguar XJ, Mercedes-Benz S-Class, Porsche Panamera.

in-scope
  • Passenger cars - Luxury cars
  • Ulta-luxury cars
out-of-scope
  • Premium Compact and Executive cars
  • Luxury SUVs/Crossover cars
Passenger Cars Report 2017 - Luxury Cars

Passenger Cars Report 2017 - Luxury Cars

Statista Consumer Market Outlook - Segment Report
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Revenue (2019)
+9.1% yoy
€4,585m
Volume (2019)
+11.4% yoy
111.5 t cars

Revenue

in the Luxury Cars market in million €

Reading Support Revenue in the Luxury Cars market segment amounts to €4,585m in 2019.

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Revenue:

The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region).

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Volume

in the Luxury Cars market in thousand cars

Reading Support In the market for Luxury Cars, volume is expected to amount to 185.5 t cars by 2023.

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Volume:

The “Volume” box shows the apparent consumption of the selected product (market segment, region) in thousands for each year.

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Price per unit

in the Luxury Cars market in €

Reading Support The average price per unit in the market for Luxury Cars amounts to €41,108 in 2019.

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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 Luxury Cars market in million €

Reading Support With a market volume of €6,440m in 2019, most revenue is generated in United States.

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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
x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x
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
xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x
Mobility
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Cars per 1,000 capita
Number of passenger cars in the selected region in relation to the total population. | Source: OICA, Statista
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Passenger km (car) in k pkm
Average distance travelled by car per-capita in the selected region | Source: OECD, Statista
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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
x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx x,xxx
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
xxx xxx xxx xxx xxx xxx xxx xxx xxx
Rail lines in km
Rail lines are the length of railway route available for train service, irrespective of the number of parallel tracks. | Source: World Bank, Statista
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Air passengers in m
Number of passengers carried by air transport | Source: World Bank, Statista
xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x x,xxx.x
Pump price for gasoline / liter in €
Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency using a constant exchange rate. | Source: GIZ, World Bank, IMF, Statista
x.xx x.xx x.xx x.xx x.xx x.xx x.xx x.xx x.xx
Pump price for diesel fuel / liter in €
Fuel prices refer to the pump prices of the most widely sold grade of diesel. Prices have been converted from the local currency using a constant exchange rate. | Source: GIZ, World Bank, IMF, Statista
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Households in m
Total number of households in the selected region. | Source: Statista
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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
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Source: Statista, May 2019
Source: Statista, May 2019, based on IMF, World Bank, UN and Eurostat

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