Luxury Cars

Europe

Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue in the Luxury Cars market segment amounts to US$5,415m in 2018.
  • From an international perspective it is shown that most revenue is generated in the United States (US$7,399m in 2018).
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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 (2018)
+5.3% yoy
US$5,415m
Volume (2018)
+3.7% yoy
56.4 t. cars

Revenue Revenue Growth

in the Luxury Cars market in million US$ in percent

Reading Support Revenue in the Luxury Cars market segment amounts to US$5,415m in 2018. Reading Support The Luxury Cars market segment is expected to show a revenue growth of 4.8% in 2019.

  • Revenue
  • Revenue Growth
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Revenue:

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


Revenue Growth:

The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms.

A definition and detailed explanation of the displayed markets can be found here.
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Volume Volume Growth

in the Luxury Cars market in thousand cars in percent

Reading Support In the market for Luxury Cars, volume is expected to amount to 64.2 t. cars by 2022. Reading Support The market for Luxury Cars is expected to show a volume growth of 3.6% in 2019.

  • Volume
  • Volume Growth
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Volume:

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

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

in the Luxury Cars market in US$

Reading Support The average price per unit in the market for Luxury Cars amounts to US$96,051 in 2018.

Info

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 US$

Reading Support With a market volume of US$7,399m in 2018, most revenue is generated in the United States.

Info

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. | Source: World Bank, Statista Analysis
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0-15 years in m
Number of individuals (age 0-15) living in the selected region. | Source: World Bank, Statista Analysis
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16-24 years in m
Number of individuals (age 16-24) living in the selected region. | Source: World Bank, Statista Analysis
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25-34 years in m
Number of individuals (age 25-34) living in the selected region. | Source: World Bank, Statista Analysis
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35-44 years in m
Number of individuals (age 35-44) living in the selected region. | Source: World Bank, Statista Analysis
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45-54 years in m
Number of individuals (age 45-54) living in the selected region. | Source: World Bank, Statista Analysis
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55+ years in m
Number of individuals (age 55 and older) living in the selected region. | Source: World Bank, Statista Analysis
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Mobility
Click arrow to expand
Cars / 1000 Capita
Number of passenger cars in the selected region in relation to the total population. | Source: OICA, Statista Analysis
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Passenger km by car / Capita in k pkm
Passenger km travelled by car. | Source: OECD, Statista Analysis
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Road passenger transport / Capita in pkm
Total movement of passengers on roads using inland transport on a given network. Data are expressed in passenger-kilometres, which represents the transport of each one passenger on a distance of one kilometre. | Source: OECD, Statista Analysis
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Rail passenger transport / Capita in pkm
Total movement of passengers by rail using inland transport on a given network. Data are expressed in passenger-kilometres, which represents the transport of each one passenger on a distance of one kilometre. | Source: OECD, Statista Analysis
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 Analysis
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Number of air passengers carried in m
Number of passengers carried by air transport. | Source: OECD, Statista Analysis
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Pump price for gasoline / liter in US$
Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency using the average exchange rate of 2016. | Source: GIZ, World Bank, IMF, Statista Analysis
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Pump price for diesel fuel / liter in US$
Fuel prices refer to the pump prices of the most widely sold grade of diesel. Prices have been converted from the local currency using the average exchange rate of 2016. | Source: GIZ, World Bank, IMF, Statista Analysis
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Households in m
Total number of households in the selected region. | Source: Statista Analysis
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Urban Population Share in %
Share of population in the selected region living in urban areas. | Source: World Bank, Statista Analysis
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GDP / Capita in US$
Gross domestic product of the selected region in relation to the total population. | Source: IMF
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Source: Statista, September 2018
Source: Statista, September 2018, based on IMF, World Bank, UN and Eurostat

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