Market Overview:
The global luxury car coachbuilding market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for luxury cars across the globe. The global luxury car coachbuilding market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into hatchback style and straight back style. Hatchback style accounted for a larger share of the global luxury car coachbuilding market in 2017 and is expected to retain its dominance throughout the forecast period. On account of surging demand from domestic vehicles as well as commercial vehicles segments, straight back style is anticipated to exhibit higher CAGR than hatchback style during 2018-2030. On basis of application, domestic vehicles accounted for majority share in 2017 and is projected to maintain its dominance throughout forecast period owing rising disposable income levels coupled with growing preference for luxurious lifestyle among consumers across emerging economies such as India and China .
Product Definition:
Luxury Car Coachbuilding is the process of hand-crafting a luxury car's body and interior. It is important because it allows for cars to be made with unique, one-of-a-kind designs that can't be found in standard production vehicles. This makes them much more exclusive and desirable to own.
Hatchback Style:
Hatchback style is a method of transporting passengers and their luggage in a rear-facing seats facing backward. The term originates from the days when cars had small back seats to facilitate passenger entry and exit. Hatchbacks are generally characterized by wide door openings, which provide easy access to the interior cabin as well as to the cargo area.
Straight Back Style:
Straight back style is a type of chair in which the seat and the back are parallel and vertical line. It's most commonly used for making limousines or carriages. The straight-back chair is also known as bar stool, armchair, club stool, lounge chair or simply stools. In luxury car building industry it's widely used to provide seating inside vehicle cabin especially for rear passengers (as seen in Rolls Royce cars).
Application Insights:
The commercial vehicle segment held the largest share of over 70.0% in 2017. The demand for luxury car coaches is expected to witness growth owing to the increasing number of super-luxury cars being sold globally. For instance, in 2016, a Mercedes-Benz SLS AMG was sold for USD 478,000 while a Porsche 911 Carrera was sold for USD 189,000 which indicates an increase of more than 50% in price compared to its base model counterpart. Such examples are expected to boost the demand for luxury car coaches over the forecast period as these vehicles have their own customized interiors and exteriors which attract customers towards them resulting into higher sales volumes across all major markets including North America and Europe.
The domestic vehicle segment is anticipated witness significant growth at a CAGR of XX%, from 2018to 2030 on account of growing trend among high income class households towards purchasing such vehicles due to increased safety concerns coupled with comfort offered by premium leather seats.
Regional Analysis:
Europe dominated the global luxury car coachbuilding market in 2017. The region is expected to continue its dominance over the next eight years. This can be attributed to increasing demand for high-end cars and rising expenditure on interior designing in countries, such as Germany and U.K.
The Middle East & Africa (MEA) market has potential growth opportunities due to growing disposable income coupled with increased vehicle ownership especially among emerging middle class population groups in countries including Saudi Arabia, UAE.
Growth Factors:
- Increasing demand for luxury cars: The global luxury car market is expected to grow at a CAGR of around 7% during the forecast period. This growth can be attributed to the increasing disposable income of consumers, especially in developing countries.
- Rising demand for custom-made cars: A large number of luxury car buyers prefer custom-made cars, as they offer unique features and specifications that are not available in mass-produced models. This is expected to drive the demand for luxury car coachbuilding services over the next few years.
- Growing popularity of sports cars: Sports cars are becoming increasingly popular among luxury car buyers, owing to their stylish designs and high performance levels. This is likely to boost the demand for coachbuilding services for sports cars in the coming years.
- Proliferation of online platforms: The proliferation of online platforms has made it easier for consumers to research and compare different types of coaches available in the market before making a purchase decision. This is likely to benefit the growth prospects ofthe Luxury Car Coachbuilding market in future years.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Car Coachbuilding Market Research Report
By Type
Hatchback Style, Straight Back Style
By Application
Domestic Vehicles, Commercial Vehicles
By Companies
Carrozzeria Touring Superleggera, Italdesign Giugiaro, Pininfarina, Zagato Milano, Carrosserie Akkermans, Moal Coachbuilders, Motorima, Ken Okuyama Cars, Carrozerria Castagna, Fioravanti, Carrozzeria Touring Superleggera
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 Luxury Car Coachbuilding Market Report Segments:
The global Luxury Car Coachbuilding market is segmented on the basis of:
Types
Hatchback Style, Straight Back Style
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
Domestic Vehicles, Commercial Vehicles
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:
- Carrozzeria Touring Superleggera
- Italdesign Giugiaro
- Pininfarina
- Zagato Milano
- Carrosserie Akkermans
- Moal Coachbuilders
- Motorima
- Ken Okuyama Cars
- Carrozerria Castagna
- Fioravanti
- Carrozzeria Touring Superleggera
Highlights of The Luxury Car Coachbuilding 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:
- Hatchback Style
- Straight Back Style
- By Application:
- Domestic Vehicles
- Commercial Vehicles
- 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 Luxury Car Coachbuilding 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?
Luxury car coachbuilding is the process of customizing and building a luxury car. This can involve anything from modifying the exterior design to adding unique features or upgrades inside the vehicle.
Some of the key players operating in the luxury car coachbuilding market are Carrozzeria Touring Superleggera, Italdesign Giugiaro, Pininfarina, Zagato Milano, Carrosserie Akkermans, Moal Coachbuilders, Motorima, Ken Okuyama Cars, Carrozerria Castagna, Fioravanti, Carrozzeria Touring Superleggera.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Car Coachbuilding Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Luxury Car Coachbuilding Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Luxury Car Coachbuilding Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Luxury Car Coachbuilding Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Luxury Car Coachbuilding Market Size & Forecast, 2018-2028 4.5.1 Luxury Car Coachbuilding Market Size and Y-o-Y Growth 4.5.2 Luxury Car Coachbuilding Market Absolute $ Opportunity
Chapter 5 Global Luxury Car Coachbuilding Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Luxury Car Coachbuilding Market Size Forecast by Type
5.2.1 Hatchback Style
5.2.2 Straight Back Style
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Car Coachbuilding Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Car Coachbuilding Market Size Forecast by Applications
6.2.1 Domestic Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Car Coachbuilding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Luxury Car Coachbuilding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Luxury Car Coachbuilding Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Car Coachbuilding Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Luxury Car Coachbuilding Market Size Forecast by Type
9.6.1 Hatchback Style
9.6.2 Straight Back Style
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Luxury Car Coachbuilding Market Size Forecast by Applications
9.10.1 Domestic Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Luxury Car Coachbuilding Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Car Coachbuilding Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Luxury Car Coachbuilding Market Size Forecast by Type
10.6.1 Hatchback Style
10.6.2 Straight Back Style
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Luxury Car Coachbuilding Market Size Forecast by Applications
10.10.1 Domestic Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Luxury Car Coachbuilding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Car Coachbuilding Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Luxury Car Coachbuilding Market Size Forecast by Type
11.6.1 Hatchback Style
11.6.2 Straight Back Style
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Luxury Car Coachbuilding Market Size Forecast by Applications
11.10.1 Domestic Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Luxury Car Coachbuilding Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Car Coachbuilding Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Luxury Car Coachbuilding Market Size Forecast by Type
12.6.1 Hatchback Style
12.6.2 Straight Back Style
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Luxury Car Coachbuilding Market Size Forecast by Applications
12.10.1 Domestic Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Luxury Car Coachbuilding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Car Coachbuilding Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Luxury Car Coachbuilding Market Size Forecast by Type
13.6.1 Hatchback Style
13.6.2 Straight Back Style
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Luxury Car Coachbuilding Market Size Forecast by Applications
13.10.1 Domestic Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Luxury Car Coachbuilding Market: Competitive Dashboard
14.2 Global Luxury Car Coachbuilding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrozzeria Touring Superleggera
14.3.2 Italdesign Giugiaro
14.3.3 Pininfarina
14.3.4 Zagato Milano
14.3.5 Carrosserie Akkermans
14.3.6 Moal Coachbuilders
14.3.7 Motorima
14.3.8 Ken Okuyama Cars
14.3.9 Carrozerria Castagna
14.3.10 Fioravanti
14.3.11 Carrozzeria Touring Superleggera