China Luxury Car Market Research
and Forecast Report 2022-2027
© 2022 IMARC All Rights Reserved Author: Elena Anderson
Marketing Manager
IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report DescriRpetpioornt Description and Highlights
China Luxury Car Market Research Report 2022-2027 :
According to the latest report by IMARC Group, titled "China Luxury Car Market: Industry Trends,
Share, Size, Growth, Opportunity, and Forecast 2022-2027," the China luxury car market reached a
value of US$ 143 Billion in 2021.
A luxury car provides more comfort, equipment, amenities, quality, performance, and associated
status than moderately priced cars. It reflects both the car's qualities and its manufacturer's brand
image. It has traditionally emphasized higher levels of comfort and safety, with vehicle
manufacturers often introducing advanced safety technologies and comfort amenities on luxury
models. A luxury car offers various exceptional features, such as a heated steering wheel, integrated
seat massagers, water-resistant windows, automatic safety features, and entertainment systems.
Individuals can opt for luxury cars in multiple categories, including sedans, hatchbacks, crossovers,
SUVs, and minivans.
Request for a PDF sample of this report: https://www.imarcgroup.com/china-luxury-car-
market/requestsample
Report DescriRpetpioornt Description and Highlights
China Luxury Car Market Trends:
The market in China is primarily driven by the increasing demand for premium cars. In line with this,
luxury car manufacturers are focusing on launching highly advanced cars with better connectivity to
smart devices and the internet. This, in turn, is creating a positive outlook for the market. Furthermore,
continuous changes in consumer buying habits due to the inflating disposable incomes of individuals are
significantly contributing to the market growth across the country. Apart from this, the growing
awareness among the consumers regarding the benefits of luxury cars is positively influencing the
market. Moreover, rapid improvements in artificial intelligence and machine learning have led to
advances in autonomous vehicles. The rising research and development related to the electrification of
vehicles are one of the emerging trends in the China luxury car industry. Besides, with the escalating
concerns for environmental protection, multiple environmental agencies are introducing vehicle
emission standards, due to which the demand for environmentally friendly and sustainable
transportation, such as electric vehicles, is rapidly accelerating. Additionally, strategic collaborations
among original equipment manufacturers (OEMs) and leading players to introduce advanced features in
luxury cars are expected to provide a boost to the market. On account of the factors above, the market
is anticipated to reach a value of US$ 233 Billion by 2027, exhibiting a CAGR of 8.4% during 2022-2027.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/china-luxury-car-market
Report DescriRpetpioornt Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Vehicle Type:
•Hatchback
•Sedan
•Sports Utility Vehicle
Breakup by Fuel Type:
•Gasoline
•Diesel
•Electric
Breakup by Price Range:
•Entry-Level
•Mid-Level
•High-End
•Ultra
Report DescriRpetpioornt Description and Highlights
Breakup by Engine Capacity:
•Up to 3,000 CC
•Above 3,000 CC
Breakup by Region:
•Guangdong
•Jiangsu
•Zhejiang
•Henan
•Sichuan
•Shanghai
•Others
Report DescriRpetpioornt Description and Highlights
Competitive Landscape:
•The report has also analysed the competitive landscape of the market along with the profiles of the
key players.
Report DesKceriypQtiuoenstions Answered in the Report
1. How has the China luxury car market performed so far and how will it perform in the coming
years?
2. What has been the impact of COVID-19 on the China luxury car market?
3. What are the key regional markets?
4. What is the breakup of the market based on the vehicle type?
5. What is the breakup of the market based on the fuel type?
6. What is the breakup of the market based on the price range?
7. What is the breakup of the market based on the engine capacity?
8. What are the various stages in the value chain of the industry?
9. What are the key driving factors and challenges in the industry?
10. What is the structure of the China luxury car market and who are the key players?
11. What is the degree of competition in the industry?
Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 China luxury Car Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
Report Description Table of Contents
6 Market Breakup by Vehicle Type
6.1 Hatchback
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sedan
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Sports Utility Vehicle
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Fuel Type
7.1 Gasoline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Diesel
7.2.1 Market Trends
7.2.2 Market Forecast
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/china-luxury-car-market/toc
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Report DescriRpetpioornt Description and Highlights
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