China Luxury Car Market, By Vehicle Type (Hatchback, Sedan, and SUV), By Drive Type (IC Engine and Electric Vehicles) - Trends, Analysis and Forecast till 2029

Report Code: PMI367819 | Publish Date: August 2023 | No. of Pages: 110

China Luxury Car Market By Overview

Introduction

Cars have become a necessity nowadays. Luxurious cars are a symbol of coolness. China has a major role in luxurious cars market. Mercedes-Benz, Audi, and BMW are the cars that majorly account for the maximum share in China’s car market.

 

China Luxury Car Market By Dynamics

Currently, major premium car brands in China, like Audi, Mercedes-Benz, BMW, Jaguar Land Rover, Volvo, Lincoln, and Infiniti, have already decided to cut suggested retail prices. This is the major driving factor for the target market of the country. In addition, BMW is steadily becoming the leading brand in the country which is another bosting factor for the target market growth in the country. Furthermore, increase in the selling of vehicles, specially cars, which in turn has upsurge the automobile industry in China. This factor has augmented the China’s luxury car market. According to Export.Gov, China continues to be the world’s largest vehicle market with the Chinese government expecting that automobile output will reach 30 million units by 2020 and 35 million by 2025.  According to the China Association of Automobile Manufacturers, over 27 million vehicles were sold in 2018.

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China Luxury Car Market By Segmentation

The China luxury car market is segmented based on vehicle type and drive type.

Based on vehicle type, the target market is segmented into hatchback, sedan, and SUV. Based on drive type, the target market is segmented into IC engine and electric vehicles.

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China Luxury Car Market, By Vehicle Type:

  • Hatchback
  • Sedan
  • SUV

China Luxury Car Market, By Drive Type:

  • IC Engine
  • Electric Vehicles

China Luxury Car Market By Key Players

Key players operating in the China luxury car market includes Mercedes Benz, Volkswagen AG, BMW, Toyota Motor Corporation, Daimler AG, and Geely Holding Group. In 2019, Mercedes Benz launched its China-made and first electric model, the EQC SUV, in Beijing.

China Luxury Car Market By Company Profile

  • Mercedes Benz
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Volkswagen AG
  • BMW
  • Toyota Motor Corporation
  • Daimler AG
  • Geely Holding Group

“*” marked represents similar segmentation in other categories in the respective section

China Luxury Car Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Drive Type
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  4. China Luxury Car Market, By Vehicle Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Hatchback
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Sedan
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • SUV
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. China Luxury Car Market, By Drive Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • IC Engine
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Electric Vehicles
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  7. Company Profiles
      • Mercedez Benz.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Volkswagen AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • BMW
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Toyota Motor Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Daimler AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Geely Holding Group
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  8. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The China Luxury Car Market report segments based on vehicle type, and drive type.

As more China Luxury Car includes increase in the selling of vehicles, especially cars, which in turn has upsurge the automobile industry in China.

North America market dominates the China Luxury Car Market.

The leading players operating in the China Luxury Car Market include Mercedes Benz, Volkswagen AG, BMW, Toyota Motor Corporation, Daimler AG, and Geely Holding Group..