Market Overview:
The global full-size luxury car market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for full-size luxury cars from personal and commercial users across the globe. In terms of type, the trunk space 16 cubic feet type segment is expected to hold a major share in the global full-size luxury car market during the forecast period. This can be attributed to factors such as rising demand for SUVs and growing preference for spacious cars among consumers across regions.
Product Definition:
A full-size luxury car is a large, expensive, and luxurious vehicle. These cars are typically equipped with the latest in high-tech features and amenities, as well as powerful engines for superior performance. They are designed for comfort and luxury, making them perfect for long drives or trips to the spa. Full-size luxury cars are an important status symbol for those who can afford them, and they offer a level of prestige that cannot be matched by smaller vehicles.
Trunk Space 16 Cubic Feet Type:
Trunk space 16 cubic feet is the maximum capacity of a trunk that can be installed in a full-size luxury car. It's important to note that this is not the total volume of cargo or luggage that can be carried by a vehicle but rather the maximum volume which can be stored in an internal storage space. The size and shape of trunks are one of the most important factors considered while purchasing any vehicle.
Trunk Space 17 Cubic Feet Type:
Trunk space 17 cubic feet is the maximum volume capacity of a full-size luxury car. It is used to store items such as groceries, shopping bags, and passengers. Trunk size varies with make and model of vehicle. For instance, in 2015 Mercedes-Benz S Class had 13 cu ft trunk space whereas Audi A8 had 18 cu ft trunk space.
Application Insights:
The personal use segment held a revenue share of over 60% in 2017. Full-size luxury cars are usually purchased by individuals for daily usage and not for commercial purposes. The growing middle-class population across the globe has led to an increase in demand for vehicles that can serve multiple passengers and accommodate their belongings, thereby driving the demand for trunk space among full-sized luxury cars under this category.
Personal use vehicles include those used by individuals to commute to work or school, run errands, travel from one place to another or just about any other purpose that does not require them being driven commercially on a regular basis. These types of vehicles are typically less expensive than their counterparts as they have fewer features and amenities compared with them being used mostly within normal commuting range between home & office areas without exceeding 100 miles (160 km) each day travel requirement which is also expected to drive growth over the forecast period globally under this segmentation.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing purchasing power, rising disposable income and demand for luxury vehicles in China and India. The Middle East & Africa is also likely to witness significant growth over the coming years due to high oil prices, which will boost sales of large cars in countries such as Saudi Arabia and UAE. However, economic slowdown in major countries such as Brazil may hamper market growth over the forecast period.
North America was valued at USD X billion in 2017 as majority of full-size luxury car manufacturers are based there (Volkswagen Group including Audi, Porsche, Bentley). Moreover North American consumers have higher disposable incomes thus making them more willing buyers for expensive cars compared to Europe or Asia Pacific regionals.
Growth Factors:
- Increasing disposable income of the population: The global population is increasing and with it, the disposable income of people. This is especially true for developing countries where a large percentage of the population is moving up the economic ladder. This growth in disposable income will lead to an increase in demand for luxury goods and services, including full-size luxury cars.
- Urbanization: Another trend that is driving demand for full-size luxury cars is urbanization. As more and more people move to cities, they are looking for ways to escape the hustle and bustle of city life. One way they are doing this is by purchasing luxury cars that offer them comfort and privacy.
- Technological advancements: With each new generation of vehicles, there are advancements in technology that make them more luxurious and comfortable to drive or ride in than ever before. For example, many new models now have self-parking features as well as heated seats and steering wheels – both of which were once considered luxuries only available on high-end vehicles..
Scope Of The Report
Report Attributes
Report Details
Report Title
Full-Size Luxury Car Market Research Report
By Type
Trunk Space 16 Cubic Feet Type, Trunk Space 17 Cubic Feet Type, Trunk Space 18 Cubic Feet Type, Trunk Space 19 Cubic Feet Type, Others
By Application
Personal Use, Commercial Use
By Companies
BMW, Mercedes, Audi, Genesis, Volvo, Kia, Lexus, Jaguar, Cadillac, Lincoln, Maserati, Cadillac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Full-Size Luxury Car Market Report Segments:
The global Full-Size Luxury Car market is segmented on the basis of:
Types
Trunk Space 16 Cubic Feet Type, Trunk Space 17 Cubic Feet Type, Trunk Space 18 Cubic Feet Type, Trunk Space 19 Cubic Feet Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BMW
- Mercedes
- Audi
- Genesis
- Volvo
- Kia
- Lexus
- Jaguar
- Cadillac
- Lincoln
- Maserati
- Cadillac
Highlights of The Full-Size Luxury Car Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Trunk Space 16 Cubic Feet Type
- Trunk Space 17 Cubic Feet Type
- Trunk Space 18 Cubic Feet Type
- Trunk Space 19 Cubic Feet Type
- Others
- By Application:
- Personal Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Full-Size Luxury Car Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A full-size luxury car is a large, expensive automobile. Full-size cars typically have a length of at least 4,500 mm (173 in), and width of 2,000 mm (79 in). They are usually powered by engines with outputs ranging from 300 to 600 horsepower.
Some of the major companies in the full-size luxury car market are BMW, Mercedes, Audi, Genesis, Volvo, Kia, Lexus, Jaguar, Cadillac, Lincoln, Maserati, Cadillac.
The full-size luxury car market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Full-Size Luxury Car Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Full-Size Luxury Car Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Full-Size Luxury Car Market - Supply Chain
4.5. Global Full-Size Luxury Car Market Forecast
4.5.1. Full-Size Luxury Car Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Full-Size Luxury Car Market Size (000 Units) and Y-o-Y Growth
4.5.3. Full-Size Luxury Car Market Absolute $ Opportunity
5. Global Full-Size Luxury Car Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Full-Size Luxury Car Market Size and Volume Forecast by Type
5.3.1. Trunk Space 16 Cubic Feet Type
5.3.2. Trunk Space 17 Cubic Feet Type
5.3.3. Trunk Space 18 Cubic Feet Type
5.3.4. Trunk Space 19 Cubic Feet Type
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Full-Size Luxury Car Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Full-Size Luxury Car Market Size and Volume Forecast by Application
6.3.1. Personal Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Full-Size Luxury Car Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Full-Size Luxury Car Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Full-Size Luxury Car Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Full-Size Luxury Car Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Full-Size Luxury Car Demand Share Forecast, 2019-2026
9. North America Full-Size Luxury Car Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Full-Size Luxury Car Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Full-Size Luxury Car Market Size and Volume Forecast by Application
9.4.1. Personal Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Full-Size Luxury Car Market Size and Volume Forecast by Type
9.7.1. Trunk Space 16 Cubic Feet Type
9.7.2. Trunk Space 17 Cubic Feet Type
9.7.3. Trunk Space 18 Cubic Feet Type
9.7.4. Trunk Space 19 Cubic Feet Type
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Full-Size Luxury Car Demand Share Forecast, 2019-2026
10. Latin America Full-Size Luxury Car Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Full-Size Luxury Car Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Full-Size Luxury Car Market Size and Volume Forecast by Application
10.4.1. Personal Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Full-Size Luxury Car Market Size and Volume Forecast by Type
10.7.1. Trunk Space 16 Cubic Feet Type
10.7.2. Trunk Space 17 Cubic Feet Type
10.7.3. Trunk Space 18 Cubic Feet Type
10.7.4. Trunk Space 19 Cubic Feet Type
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Full-Size Luxury Car Demand Share Forecast, 2019-2026
11. Europe Full-Size Luxury Car Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Full-Size Luxury Car Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Full-Size Luxury Car Market Size and Volume Forecast by Application
11.4.1. Personal Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Full-Size Luxury Car Market Size and Volume Forecast by Type
11.7.1. Trunk Space 16 Cubic Feet Type
11.7.2. Trunk Space 17 Cubic Feet Type
11.7.3. Trunk Space 18 Cubic Feet Type
11.7.4. Trunk Space 19 Cubic Feet Type
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Full-Size Luxury Car Demand Share, 2019-2026
12. Asia Pacific Full-Size Luxury Car Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Full-Size Luxury Car Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Full-Size Luxury Car Market Size and Volume Forecast by Application
12.4.1. Personal Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Full-Size Luxury Car Market Size and Volume Forecast by Type
12.7.1. Trunk Space 16 Cubic Feet Type
12.7.2. Trunk Space 17 Cubic Feet Type
12.7.3. Trunk Space 18 Cubic Feet Type
12.7.4. Trunk Space 19 Cubic Feet Type
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Full-Size Luxury Car Demand Share, 2019-2026
13. Middle East & Africa Full-Size Luxury Car Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Full-Size Luxury Car Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Full-Size Luxury Car Market Size and Volume Forecast by Application
13.4.1. Personal Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Full-Size Luxury Car Market Size and Volume Forecast by Type
13.7.1. Trunk Space 16 Cubic Feet Type
13.7.2. Trunk Space 17 Cubic Feet Type
13.7.3. Trunk Space 18 Cubic Feet Type
13.7.4. Trunk Space 19 Cubic Feet Type
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Full-Size Luxury Car Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Full-Size Luxury Car Market: Market Share Analysis
14.2. Full-Size Luxury Car Distributors and Customers
14.3. Full-Size Luxury Car Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BMW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mercedes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Audi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Genesis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Volvo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kia
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lexus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jaguar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cadillac
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lincoln
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Maserati
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cadillac
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
