Luxury Cars Market Analysis Europe, North America, APAC, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028
| Published: Mar 2024 | Pages: 171 | SKU: IRTNTR43011 |
Luxury Cars Market Forecast 2024-2028
The Luxury Cars Market Forecast size is forecast to increase by USD 180.52 billion, at a CAGR of 6.56% between 2023 and 2028. Market growth accelerates due to factors such as the increasing demand for premium SUVs, growing preference for safety and comfort, and rising numbers of high-net-worth individuals. These trends reflect consumer priorities and preferences, driving opportunities for manufacturers and dealers in the premium automotive segment. With heightened demand for upscale SUVs and a focus on safety and comfort features, the market anticipates sustained growth momentum. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
What will be the Size of the Market During the Forecast Period?
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Market Dynamic and Customer Landscape
The market caters to ultra-high-net-worth individuals seeking premium transportation options. With disposable income to spare, they are increasingly turning to electric vehicles (EVs), driven by stricter emission standards and the allure of cutting-edge technology. Luxury original equipment manufacturers (OEMs) are meeting customer expectations by offering vehicles that prioritize convenience, perceived safety, and styling without compromising on practicality or performance. Government efforts to promote decarbonization through tax breaks and financial incentives have further boosted electric car sales, making premium brands leaders in advanced technology, fuel efficiency, and connectivity technology for enhanced passenger and driver comfort. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
Rising demand for luxury SUVs is the key factor driving the market. SUVs are high-power vehicles with higher seating, ground clearance, center of gravity, and the capability to travel in off-road conditions. They render higher safety due to a large number of safety features, which are standard fitments in such vehicles. North America is the most favorable market for SUVs due to the cheap availability of credit, low fuel prices, and technological advances.
Furthermore, preference for large cars with more seats has been observed across segments (entry-level, mid-segment, and luxury segment). This is one of the factors expected to drive the demand for luxury SUVs during the forecast period. Additionally, the price gap between luxury SUVs and mid-segment SUVs has reduced by almost 10% over the past decade owing to the introduction of multiple models of mid-segment SUVs. Thus, these factors will drive market growth during the forecast period.
Key Market Trends
The launch of electric luxury car models is the primary trend shaping the market. Electric vehicles are predominantly sedans and hatchbacks. Electric SUVs and crossovers face a challenge because they are bulky and require a significant amount of power to operate. High power consumption also limits the effective driving range of these vehicles. However, advancements in the manufacturing process of electric batteries and a rise in the number of charging stations, especially in developed countries, have raised the confidence of vehicle manufacturers to produce and launch electric luxury SUVs.
Moreover, major premium vehicle manufacturers, such as Horacio Pagani S p A, McLaren Group Ltd., Mercedes Benz Group AG and others are increasingly developing long-range electric cars. In December 2021, the BMW iX all-electric SUV was launched in India. The iX is BMWs first electric vehicle in the country that comes via the completely built unit (CBU) route and has been launched in xDrive 40 guises. Thus, with the growing launch of new electric premium cars, it is anticipated that the market in focus will grow positively during the forecast period.
Major Market Challenge
The global semiconductor chip shortage is a major challenge that affects the market expansion. The chip shortage has pushed carmakers to idle production lines for a long period of time and thus hindered automotive production. For instance, the entire car industry is amid a severe parts shortage, forcing carmakers to halt production and slash exports to various parts of the world. Also, market players such as Toyota Motor Corp. were one of the worst affected in 2022, and thus, production slowed down in Australia.
Moreover, new-car buyers are being urged to get in the queue and order early to avoid delays, as data reveals that the global semiconductor shortage could continue for 2022 as well. Additionally, the semiconductor chip shortage faced by American and European key market players would negatively impact the market since various premium cars are being exported from these regions to other regions. Thus, the aforementioned causes will hamper the growth of the market during the forecast period.
Market Customer Landscape
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Who are the Major Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AB Volvo: The company offers luxury cars such as Volvo XC90, Volvo XC90 Onyx Black, and Volvo XC90 Denim Blue.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Aston Martin Lagonda Ltd.
- Bayerische Motoren Werke AG
- BYD Co. Ltd.
- China FAW Group Co. Ltd.
- Dr. Ing. h.c. F. Porsche AG
- Ferrari NV
- Ford Motor Co.
- General Motors Co.
- Honda Motor Co. Ltd.
- McLaren Group Ltd.
- Mercedes Benz Group AG
- Nissan Motor Co. Ltd.
- Pagani S p A
- Renault SAS
- Stellantis NV
- Tata Sons Pvt. Ltd.
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen AG
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
What is the Largest-Growing Segments in the Market?
The executive luxury car segment is estimated to witness significant growth during the forecast period. The executive luxury cars segment is dominated by three German automakers: Volkswagen AG, McLaren Group Ltd, Stellantis NV, and others. These luxury cars are sold globally and are manufactured by either of these manufacturers. Most auto manufacturers have a separate brand for luxury cars. Ultra-high-net-worth individuals with high disposal income choose executive vehicles in the electric vehicles (EV)
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The executive luxury car segment was the largest segment and was valued at USD 361.52 billion in 2018. Further, in the luxury original equipment manufacturers (OEM) Mercedes-Benz is expected to dominate the market during the forecast period. The demand for the top variants of mid-segment cars would challenge the entry-level premium cars segment during the forecast period. This cannot be overcome by advanced technologies as the top variants of mid-segment cars have a similar adoption rate of technological advancements to executive luxury cars with passenger comfort and driver comfort. However, it can be overcome by the enhanced brand positioning of luxury brands. Therefore, the segment is expected to grow in the market during the forecast period.
Which are the Key Regions for the Market?
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Europe is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Luxury car models by Mercedes Benz Group AG and Bayerische Motoren Werke AG dominate sales in Europe, prized for their craftsmanship and premium materials. European consumers favor luxurious interiors and superior build quality. Craftsmanship excellence will propel market growth. Additionally, the rising preference for crossovers with heightened ride height and versatility fuels demand. Increasingly, safety features are crucial, with advanced driver-assist systems becoming standard. Fluctuating growth is anticipated due to diesel vehicle regulations impacting CO2 emissions. Intensified competition among car makers spurs frequent new vehicle launches in Europe.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Product Outlook
- Executive luxury car
- Super luxury car
- Propulsion Outlook
- IC engine-based vehicles
- Electric vehicles
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The market remains resilient despite economic fluctuations, with the global economy influencing trends in vehicle type and propulsion type. While internal combustion engine (ICE) vehicles dominate, there's a growing demand for luxury electric vehicles with features like regenerative braking systems. Luxury brands prioritize engineering excellence and offer cutting-edge features alongside high-quality materials and customization options. With advancements like all-electric ultra-luxury SUVs and advanced AWD, manufacturers cater to discerning consumers seeking elegant exteriors and amenities. As consumer confidence and spending power drive market development, luxury carmakers innovate with connectivity technologies and autonomous driving technology, ensuring a seamless blend of design and ergonomics.
Additionally, the luxury car market thrives on high performance and precision engineering, catering to affluent buyers seeking exceptional performance and exclusive features. With a focus on engineered excellence and meticulous craftsmanship, luxury vehicles boast sleek exteriors, fine leather, and wood trim. As consumer demand shifts towards environmentally friendly vehicles, luxury brands incorporate electric and hybrid technologies without compromising on superior performance. Leading luxury car manufacturers like Cadillac introduce innovative features such as adaptive air suspension and active rear steering to enhance driving experiences. Despite economic downturns, the luxury car market continues to evolve with diverse product portfolios and cutting-edge technologies, ensuring a lasting appeal to affluent consumers worldwide.
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Market Scope |
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Report Coverage |
Details |
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Page number |
171 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.56% |
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Market growth 2024-2028 |
USD 180.52 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.5 |
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Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 37% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AB Volvo, Aston Martin Lagonda Ltd., Bayerische Motoren Werke AG, BYD Co. Ltd., China FAW Group Co. Ltd., Dr. Ing. h.c. F. Porsche AG, Ferrari NV, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., McLaren Group Ltd., Mercedes Benz Group AG, Nissan Motor Co. Ltd., Pagani S p A, Renault SAS, Stellantis NV, Tata Sons Pvt. Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
- Growth of the market industry across Europe, North America, APAC, Middle East and Africa, and South America
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Propulsion
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global luxury cars market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global luxury cars market 2018 - 2022 ($ billion)
- 4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
- 4.3 Propulsion type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Propulsion type Segment 2018 - 2022 ($ billion)
- 4.4 Region Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Region Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Executive luxury car - Market size and forecast 2023-2028
- Exhibit 34: Chart on Executive luxury car - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Executive luxury car - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Executive luxury car - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Executive luxury car - Year-over-year growth 2023-2028 (%)
- 6.4 Super luxury car - Market size and forecast 2023-2028
- Exhibit 38: Chart on Super luxury car - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Super luxury car - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Super luxury car - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Super luxury car - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ billion)
- Exhibit 43: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Propulsion
- 7.1 Market segments
- Exhibit 44: Chart on Propulsion - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Propulsion - Market share 2023-2028 (%)
- 7.2 Comparison by Propulsion
- Exhibit 46: Chart on Comparison by Propulsion
- Exhibit 47: Data Table on Comparison by Propulsion
- 7.3 IC engine-based vehicles - Market size and forecast 2023-2028
- Exhibit 48: Chart on IC engine-based vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on IC engine-based vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on IC engine-based vehicles - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on IC engine-based vehicles - Year-over-year growth 2023-2028 (%)
- 7.4 Electric vehicles - Market size and forecast 2023-2028
- Exhibit 52: Chart on Electric vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Electric vehicles - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Electric vehicles - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Electric vehicles - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Propulsion
- Exhibit 56: Market opportunity by Propulsion ($ billion)
- Exhibit 57: Data Table on Market opportunity by Propulsion ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2023-2028 (%)
- Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2023-2028
- Exhibit 63: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 UK - Market size and forecast 2023-2028
- Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 AB Volvo
- Exhibit 111: AB Volvo - Overview
- Exhibit 112: AB Volvo - Business segments
- Exhibit 113: AB Volvo - Key news
- Exhibit 114: AB Volvo - Key offerings
- Exhibit 115: AB Volvo - Segment focus
- 12.4 Aston Martin Lagonda Ltd.
- Exhibit 116: Aston Martin Lagonda Ltd. - Overview
- Exhibit 117: Aston Martin Lagonda Ltd. - Product / Service
- Exhibit 118: Aston Martin Lagonda Ltd. - Key news
- Exhibit 119: Aston Martin Lagonda Ltd. - Key offerings
- 12.5 BYD Co. Ltd.
- Exhibit 120: BYD Co. Ltd. - Overview
- Exhibit 121: BYD Co. Ltd. - Business segments
- Exhibit 122: BYD Co. Ltd. - Key offerings
- Exhibit 123: BYD Co. Ltd. - Segment focus
- 12.6 Ford Motor Co.
- Exhibit 124: Ford Motor Co. - Overview
- Exhibit 125: Ford Motor Co. - Business segments
- Exhibit 126: Ford Motor Co. - Key offerings
- Exhibit 127: Ford Motor Co. - Segment focus
- 12.7 General Motors Co.
- Exhibit 128: General Motors Co. - Overview
- Exhibit 129: General Motors Co. - Business segments
- Exhibit 130: General Motors Co. - Key news
- Exhibit 131: General Motors Co. - Key offerings
- Exhibit 132: General Motors Co. - Segment focus
- 12.8 Honda Motor Co. Ltd.
- Exhibit 133: Honda Motor Co. Ltd. - Overview
- Exhibit 134: Honda Motor Co. Ltd. - Business segments
- Exhibit 135: Honda Motor Co. Ltd. - Key news
- Exhibit 136: Honda Motor Co. Ltd. - Key offerings
- Exhibit 137: Honda Motor Co. Ltd. - Segment focus
- 12.9 McLaren Group Ltd.
- Exhibit 138: McLaren Group Ltd. - Overview
- Exhibit 139: McLaren Group Ltd. - Business segments
- Exhibit 140: McLaren Group Ltd. - Key offerings
- Exhibit 141: McLaren Group Ltd. - Segment focus
- 12.10 Mercedes Benz Group AG
- Exhibit 142: Mercedes Benz Group AG - Overview
- Exhibit 143: Mercedes Benz Group AG - Business segments
- Exhibit 144: Mercedes Benz Group AG - Key news
- Exhibit 145: Mercedes Benz Group AG - Key offerings
- Exhibit 146: Mercedes Benz Group AG - Segment focus
- 12.11 Pagani S p A
- Exhibit 147: Pagani S p A - Overview
- Exhibit 148: Pagani S p A - Product / Service
- Exhibit 149: Pagani S p A - Key offerings
- 12.12 Renault SAS
- Exhibit 150: Renault SAS - Overview
- Exhibit 151: Renault SAS - Product / Service
- Exhibit 152: Renault SAS - Key news
- Exhibit 153: Renault SAS - Key offerings
- 12.13 Stellantis NV
- Exhibit 154: Stellantis NV - Overview
- Exhibit 155: Stellantis NV - Business segments
- Exhibit 156: Stellantis NV - Key news
- Exhibit 157: Stellantis NV - Key offerings
- Exhibit 158: Stellantis NV - Segment focus
- 12.14 Tata Sons Pvt. Ltd.
- Exhibit 159: Tata Sons Pvt. Ltd. - Overview
- Exhibit 160: Tata Sons Pvt. Ltd. - Business segments
- Exhibit 161: Tata Sons Pvt. Ltd. - Key news
- Exhibit 162: Tata Sons Pvt. Ltd. - Key offerings
- Exhibit 163: Tata Sons Pvt. Ltd. - Segment focus
- 12.15 Tesla Inc.
- Exhibit 164: Tesla Inc. - Overview
- Exhibit 165: Tesla Inc. - Business segments
- Exhibit 166: Tesla Inc. - Key news
- Exhibit 167: Tesla Inc. - Key offerings
- Exhibit 168: Tesla Inc. - Segment focus
- 12.16 Toyota Motor Corp.
- Exhibit 169: Toyota Motor Corp. - Overview
- Exhibit 170: Toyota Motor Corp. - Business segments
- Exhibit 171: Toyota Motor Corp. - Key offerings
- Exhibit 172: Toyota Motor Corp. - Segment focus
- 12.17 Volkswagen AG
- Exhibit 173: Volkswagen AG - Overview
- Exhibit 174: Volkswagen AG - Business segments
- Exhibit 175: Volkswagen AG - Key news
- Exhibit 176: Volkswagen AG - Key offerings
- Exhibit 177: Volkswagen AG - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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luxury cars market market
Key Questions Answered
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