Dallas, TX -- (SBWIRE) -- 03/31/2015 -- It is projected that the luxury car market in China will grow at an annual rate of 12% in 2014-2020 while the overall passenger car market will grow at 8% . Close to 80% of the Chinese luxury car market is accounted for by Audi, BMW, and Mercedes-Benz while the other players such as Lexus, Infiniti, and Cadillac are working hard to gain market share. Motivations for the purchase of a luxury car in China have changed from flaunting one's social status to a sense of private indulgence and reflection of one's self satisfaction at attaining a certain lifestyle. Rising income of China's young professionals coupled with players introducing lower priced luxury car models are driving the market and while growth rate might not continue to be robust, the market presents a huge opportunity.

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Key reasons to buy:

The report "Study of the Fast Growing China Luxury Car Market" highlights key drivers of and trends emerging in the Chinese luxury car market. The current market scenario and future prospects of the sector has been examined in detail. The report contains latest industry leaders verbatim.

Table of Contents

1. Synopsis
2. China Luxury Car Market Overview
3. Performance & Market Statistics
4. Market Drivers
5. Emerging Trends
6. Competitive Scenario
7. Challenges
8. Outlook
9. Research Methodology

List of Charts and Graphs

a. Car Production in China from 2010 to October 2014 (in 1,000 units)
b. Top 3 Countries Luxury Car Sales (Million Units, 2012)
c. Top 3 Countries Luxury Car Sales (Million Units, 2020)
d. Growth rate of luxury passenger vehicle sales in China 2008-2015 (compared to the previous year in %)
e. Proportion of Top Luxury Car Manufacturers Sales from China (2013-2014)
f. Reasons for Driving a Luxury Car in China (2014 Survey, % of respondents)
g. China Luxury Cars Market Share by Players (%, 2012)
h. China Luxury Cars Market Share by Players (%, First Half 2014)
i. China Luxury Car Sales by Brands (Units, Jan-Sep 2014)

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