US Luxury Cars market report
Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Luxury Cars market, and the behaviours, preferences and habits of the consumer.
Mintel has the answers you’re looking for
What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Covered in this report
This report covers the sale of new domestic and imported luxury vehicles, consumer perceptions of luxury brands, and attitudes toward luxury vehicles. Sales figures throughout this report apply to new luxury vehicles and do not include pre-owned vehicles. While there is no hard definition for what constitutes a luxury vehicle, Mintel has compiled a list of vehicles based on branding, costs, and features to identify luxury vehicles in the market today.
Key points included
- The market size and forecast of the US luxury vehicle market
- A profile of in-market luxury vehicle shoppers
- Reasons for buying a luxury vehicle
- Perceptions of luxury auto brands
Expert analysis from a specialist in the field
Written by Buddy Lo, a leading analyst in the Automotive sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
The luxury car market is expected to account for slightly over 14% of the total vehicle market for 2018, growing from 13.4% in 2013. With a growing economy, high consumer confidence, and improving wages, more and more consumers are able to splurge on a luxury vehicle. Brands will need to compete intensely with each other for the coveted Millennial luxury shopper for success today and in the future.
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
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