Premium and Luxury Cars in the US

June 2022
USD 1,195
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Overview:

Understand the latest market trends and future growth opportunities for the Luxury Cars industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Luxury Cars industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Luxury Cars in USA report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Luxury Cars in USA?
  • Which are the leading brands in Luxury Cars in USA?
  • How are products distributed in Luxury Cars in USA?
  • How important is tourism in evaluating demand for Luxury Cars in USA?
  • How is the rise of e-commerce changing the retail and competitive landscape?
  • How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
  • Where is future growth expected to be most dynamic?

Premium and Luxury Cars in the US - Category analysis

KEY DATA FINDINGS

2022 DEVELOPMENTS

The boom in luxury cars slows down, but growth continues in 2022
Tesla and super-premium brands expand their shares in the post-pandemic era
Supply chain shortages hamper production and delay the launch of new models

PROSPECTS AND OPPORTUNITIES

Long-term growth predicted, but shortages will be impactful in the short to mid term
Luxury car makers’ race into fashion will continue to attract young consumers
Electric vehicles will continue to expand their share in premium and luxury cars

CATEGORY DATA

Table 1 Sales of Premium and Luxury Cars: Value 2017-2022 Table 2 Sales of Premium and Luxury Cars: % Value Growth 2017-2022 Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2017-2021 Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2018-2021 Table 5 Forecast Sales of Premium and Luxury Cars: Value 2022-2027 Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2022-2027

Luxury Goods in the US - Industry Overview

EXECUTIVE SUMMARY

Luxury goods in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for luxury goods?

MARKET DATA

Table 7 Sales of Luxury Goods by Category: Value 2017-2022 Table 8 Sales of Luxury Goods by Category: % Value Growth 2017-2022 Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022 Table 10 NBO Company Shares of Luxury Goods: % Value 2017-2021 Table 11 LBN Brand Shares of Luxury Goods: % Value 2018-2021 Table 12 Distribution of Luxury Goods by Format and Category: % Value 2022 Table 13 Forecast Sales of Luxury Goods by Category: Value 2022-2027 Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources

Luxury Cars

Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and Tesla

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Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Luxury Cars research and analysis database.

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