
Premium and Luxury Cars in the US
Description
Premium and Luxury Cars in the US
Premium and luxury cars in the US is set to maintain double-digit retail current value growth in 2024. Tesla Inc was the clear leader in premium and luxury cars in 2023. Its share of retail value sales went from 19% in 2021 to 33% in 2022. However, in 2023 Tesla’s share saw its first decline since 2019, from 33% to 25%. No single player significantly capitalised on Tesla's losses, although Mercedes-Benz, BMW, and Lexus all saw minor gains in value share.
Euromonitor International's Premium and Luxury Cars in USA report offers a comprehensive guide to the size and shape of the Premium and Luxury Cars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Premium and Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Premium and Luxury Cars market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
19 Pages
- Premium and Luxury Cars in the US
- Euromonitor International
- November 2024
- List Of Contents And Tables
- PREMIUM AND LUXURY CARS IN THE US
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Growth of premium and luxury EVs slows, while Chinese component ban disrupts supply chain for luxury petrol cars
- Beyond vehicles: Premium and luxury cars as an integral part of a luxury lifestyle
- Beyond purchase: The ultimate ownership experience
- PROSPECTS AND OPPORTUNITIES
- Overcoming supply chain and other challenges to achieve the zero emissions future
- Tesla’s robo-car and Cybertruck: Pioneering the future amidst market hesitation
- Enhancing luxury experiences through connectivity is key to rejuvenating luxury EVs
- CATEGORY DATA
- Table 1 Sales of Premium and Luxury Cars: Value 2019-2024
- Table 2 Sales of Premium and Luxury Cars: % Value Growth 2019-2024
- Table 3 NBO Company Shares of Premium and Luxury Cars: % Value 2019-2023
- Table 4 LBN Brand Shares of Premium and Luxury Cars: % Value 2020-2023
- Table 5 Forecast Sales of Premium and Luxury Cars: Value 2024-2029
- Table 6 Forecast Sales of Premium and Luxury Cars: % Value Growth 2024-2029
- LUXURY GOODS IN THE US
- EXECUTIVE SUMMARY
- Luxury goods in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2019-2024
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2019-2024
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
- Table 10 NBO Company Shares of Luxury Goods: % Value 2019-2023
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2020-2023
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2024
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2024-2029
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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