Home » Automotive & Transportation » Classic Cars Market

Classic Cars Market By Function (Electric, Pneumatic, Hydraulic) By Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

Summary
Table Of Content

Market Overview

The global classic car market is a burgeoning sector of the automotive industry, characterized by the collection, restoration, and trading of vintage and historically significant vehicles. The global classic car market is anticipated to grow at a substantial CAGR of 8.7% in the upcoming years. The global classic car industry was estimated to be worth USD 31.1 billion in 2021 and was expected to be worth USD 51.3 billion by 2028. This robust growth reflects a resurgence of interest in classic automobiles, driven by a combination of nostalgia, investment potential, and cultural significance.

Classic cars, often defined as vehicles that are at least 20 to 30 years old, hold a unique place in the automotive world. These vehicles are prized not only for their historical value but also for their unique engineering, design, and craftsmanship from a bygone era. The market for these cars includes a diverse range of stakeholders, from individual collectors and hobbyists to investors and museums. The demand is also fueled by the growing number of classic car shows, auctions, and events that celebrate automotive history.

One of the critical factors driving the market is the investment potential of classic cars. Unlike modern vehicles that depreciate over time, many classic cars appreciate in value, making them an attractive asset class for investors. High-net-worth individuals often see classic cars as a safe haven investment, similar to fine art or rare collectibles. This trend is supported by data showing significant returns on investment for certain classic models. For instance, the value of a 1960s Ferrari 250 GTO has increased exponentially over the past few decades, fetching over $70 million at auctions.

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

Technological advancements in restoration techniques have also played a crucial role in the market’s expansion. The ability to restore classic cars to their original condition or even better has increased their appeal. Specialized workshops and artisans who possess the skills to work on these vintage vehicles are in high demand, further contributing to the market’s growth. The availability of rare spare parts, often reproduced with modern technology, ensures that even the oldest cars can be brought back to life.

Another significant aspect of the market is the cultural and emotional attachment to classic cars. These vehicles often symbolize a golden era of automotive history, evoking memories and a sense of nostalgia for older generations. For younger enthusiasts, classic cars represent an opportunity to connect with the past and appreciate the evolution of automotive technology. This emotional connection is a powerful driver of demand, as enthusiasts are willing to invest significant time and money into acquiring and maintaining these vehicles.

The market is also influenced by various macroeconomic factors, including disposable income levels, economic stability, and cultural trends. As global wealth increases and more individuals attain high-net-worth status, the disposable income available for luxury items like classic cars also rises. Economic stability plays a crucial role, as collectors and investors are more likely to spend on classic cars when they have confidence in the economy.

In terms of geographical distribution, the classic car market is predominantly concentrated in North America and Europe, regions with a rich automotive history and a high concentration of affluent collectors. However, emerging markets in Asia-Pacific and the Middle East are showing increasing interest, driven by growing affluence and a burgeoning interest in Western luxury goods.

Key market drivers

The classic car market is propelled by several key drivers that contribute to its sustained growth and increasing popularity. Two primary drivers are the investment potential of classic cars and the cultural and emotional appeal they hold for enthusiasts.

Investment Potential: Classic cars have emerged as a lucrative investment option, attracting a diverse group of investors, ranging from high-net-worth individuals to institutional investors. The financial allure of classic cars lies in their potential for significant appreciation over time. Unlike modern vehicles that depreciate rapidly, many classic cars have shown a consistent increase in value, making them a desirable asset class.

Historical data supports this trend. For example, the Hagerty Price Guide Index, which tracks the values of classic cars, has shown steady growth over the past decade. Specific models, such as the Ferrari 250 GTO, have seen their auction prices soar from a few million dollars in the 1980s to over $70 million in recent years. This dramatic appreciation makes classic cars an attractive option for those looking to diversify their investment portfolios.

The scarcity of certain models further drives their value. Limited production runs, historical significance, and the condition of the vehicle all contribute to its market value. Investors often seek out vehicles with documented histories, original parts, and minimal modifications, as these factors can significantly enhance a car’s worth. Additionally, the growing trend of private and public auctions provides a platform for investors to buy and sell classic cars, adding liquidity to the market.

Cultural and Emotional Appeal: The emotional connection to classic cars is a powerful market driver. These vehicles often represent a bygone era of automotive excellence, evoking a sense of nostalgia among older generations who may have grown up with these cars or admired them in their youth. This nostalgia is not limited to older individuals; younger enthusiasts also appreciate classic cars for their design, engineering, and the history they represent.

Classic car events, such as concours d’elegance, vintage car rallies, and classic car shows, play a significant role in fostering this emotional connection. These events offer enthusiasts an opportunity to see, touch, and experience these vehicles up close. They also provide a platform for owners to showcase their prized possessions, further fueling interest and demand.

The cultural significance of classic cars extends beyond individual enthusiasts to broader societal trends. Movies, television shows, and advertising often feature classic cars, embedding them in popular culture and increasing their desirability. Iconic models, such as the Ford Mustang, Chevrolet Corvette, and Porsche 911, have become symbols of freedom, innovation, and style, transcending their status as mere vehicles to become cultural icons.

In addition to nostalgia and cultural significance, the restoration and preservation of classic cars have become a passion for many enthusiasts. The process of restoring a classic car to its original glory requires significant skill, time, and resources, but it also offers immense satisfaction. This hands-on involvement in the preservation of automotive history adds another layer of appeal, driving demand for classic cars and related services.

Key market restraints

Despite the promising growth and strong drivers, the classic car market faces several key restraints that could impact its expansion. One of the primary challenges is the high cost of acquisition and maintenance. Classic cars, especially those that are rare and in pristine condition, can command prices that are out of reach for many potential buyers. This high cost extends beyond the initial purchase; maintaining and restoring these vehicles requires specialized knowledge, rare parts, and considerable financial investment.

The scarcity of original parts is another significant restraint. As many classic cars are several decades old, finding authentic parts can be a daunting task. While the advent of reproduction parts has alleviated some of this burden, purists and serious collectors often seek original components to maintain the vehicle’s authenticity and value. This scarcity can lead to long downtimes during restoration projects and increased costs as collectors compete for limited resources.

Furthermore, the market is susceptible to economic fluctuations. Classic cars are luxury items, and their demand is closely tied to economic stability and consumer confidence. During economic downturns, potential buyers may be less willing to invest in high-value items like classic cars, leading to a slowdown in market growth. Additionally, regulatory changes, such as stricter emission standards and fuel regulations, could impact the usability and desirability of older vehicles, posing a potential threat to the market.

Market Opportunities

Expansion into Emerging Markets: As affluence increases in regions like Asia-Pacific and the Middle East, there is a growing interest in luxury items, including classic cars. Establishing dealerships, auctions, and events in these regions could tap into a new and lucrative customer base.
Technological Advancements in Restoration: Leveraging modern technology for restoration, such as 3D printing for rare parts and advanced materials for preservation, can enhance the quality and speed of restorations, attracting more enthusiasts to the market.
Digital Platforms and Online Marketplaces: Developing comprehensive online platforms for buying, selling, and auctioning classic cars can expand market access. These platforms can provide detailed vehicle histories, virtual tours, and expert consultations, making it easier for buyers and sellers to connect.
Classic Car Financing and Insurance: Offering specialized financing options and insurance products tailored to classic cars can make ownership more accessible. Financial institutions can partner with dealerships and collectors to provide customized solutions that cater to the unique needs of classic car enthusiasts.
Sustainability Initiatives: Incorporating sustainable practices in restoration and maintenance, such as using eco-friendly materials and techniques, can attract environmentally conscious consumers. Developing electric conversion kits for classic cars could also open up a new market segment for those who wish to enjoy vintage aesthetics with modern, eco-friendly technology.
Enhanced Events and Experiences: Organizing more immersive and engaging events, such as driving tours, restoration workshops, and historical exhibits, can increase interest and participation in the classic car market. These events can also serve as networking opportunities for collectors, restorers, and enthusiasts.
Education and Training Programs: Establishing educational programs and certifications for classic car restoration and maintenance can address the skills gap in the market. Training new generations of craftsmen and technicians will ensure the continued preservation and appreciation of classic cars.

Interesting Facts About the Market

Investment Returns: Classic cars have outperformed many traditional investment vehicles, including stocks and real estate, over the past decade, with some models appreciating by over 500%.
Historic Sales: The Ferrari 250 GTO holds the record for the highest price ever paid for a classic car at auction, selling for $70 million in 2018.
Global Distribution: The United States and Europe account for over 70% of the global classic car market, with significant hubs in California, Florida, the UK, Germany, and Italy.
Collector Demographics: The average age of classic car collectors is decreasing, with a growing number of younger enthusiasts entering the market, driven by a passion for automotive history and culture.
Restoration Industry: The classic car restoration industry is valued at over $5 billion annually, with thousands of specialized workshops worldwide dedicated to preserving these vehicles.
Classic Car Shows: Events like the Pebble Beach Concours d’Elegance and the Goodwood Festival of Speed attract hundreds of thousands of visitors each year, showcasing the most prestigious and rare classic cars.
Television and Media Influence: Classic car-related television shows and documentaries, such as “Jay Leno’s Garage” and “Chasing Classic Cars,” have significantly increased public interest and awareness of the market.
Legislation and Policy: Some countries have introduced favorable legislation for classic car ownership, including tax exemptions and special registration categories, to promote the preservation of automotive heritage.
Customization Trends: There is a growing trend for custom-built classic cars where modern technology is integrated into vintage models, providing a blend of old-world charm and contemporary performance.
Classic Car Clubs: There are thousands of classic car clubs worldwide, fostering communities of enthusiasts who share knowledge, organize events, and support each other in maintaining and restoring their vehicles.

Top Leading Players

The classic car market is home to several key players, including auction houses, restoration companies, and dealerships, which play a pivotal role in shaping the industry. Some of the top leading players include:

Mercedes-Benz,
Citroen Ds,
Chevrolet,
Lamborghini,
Lincoln Continental,
Cadillac,
Toyota,
Buick Riviera,
Cadillac Eldorado Brougham
Buick Skylark.

Competitive Landscape

The competitive landscape of the classic car market is characterized by a mix of established auction houses, specialized dealerships, restoration experts, and online platforms. The market is highly fragmented, with numerous players catering to different segments and niches.

Auction houses like RM Sotheby’s, Gooding & Company, and Barrett-Jackson dominate the high-end segment, attracting wealthy collectors and investors with their prestigious events and exclusive offerings. These companies leverage their extensive networks, expertise, and marketing prowess to secure rare and valuable vehicles, ensuring their auctions are highly anticipated and well-attended.

Dealerships such as Fiskens and Classic Driver provide a more personalized approach, offering curated selections of classic cars along with services such as restoration, maintenance, and financing. These companies often build long-term relationships with their clients, providing expert advice and support throughout the ownership experience.

The restoration segment is populated by numerous specialized workshops and artisans who possess the skills and knowledge to restore classic cars to their original condition. This segment is crucial to the market, as the quality of restoration can significantly impact a vehicle’s value and desirability. Companies like Hagerty, which started as an insurance provider, have expanded into this space, offering a range of services that cater to classic car owners.

Online platforms are also becoming increasingly important in the classic car market. Websites like Classic Driver and Bring a Trailer provide digital marketplaces where buyers and sellers can connect. These platforms offer detailed listings, virtual tours, and transaction support, making it easier for enthusiasts to buy and sell classic cars across the globe.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Segmentation of the Global Classic Car Market:

Global Classic Car Market: By Function

Electric
Pneumatic
Hydraulic

Global Classic Car Market: By Vehicle

Passenger Cars
Light commercial vehicles
Heavy commercial vehicles

Global Classic Car Market: By Region

North America
- US.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

Regional Analysis

The classic car market exhibits distinct regional characteristics, with North America and Europe leading in terms of market share and activity. North America accounts for approximately 40% of the global market, followed closely by Europe with a 35% share. These regions are home to the highest concentration of collectors, auctions, and classic car events, driven by a rich automotive history and high disposable incomes.

North America:

The United States is the largest market for classic cars in North America, with California and Florida being key hubs. The prevalence of car culture, a favorable climate for vehicle preservation, and a robust network of restoration experts contribute to the region’s dominance. Major auctions, such as those held by Barrett-Jackson and Mecum, attract thousands of bidders and generate significant sales. Additionally, the presence of numerous car shows, rallies, and clubs fosters a vibrant community of enthusiasts.

Europe:

Europe’s classic car market is characterized by its deep-rooted automotive heritage and the presence of iconic brands like Ferrari, Porsche, and Aston Martin. The UK, Germany, and Italy are the leading markets, each with a strong tradition of car manufacturing and collecting. Events such as the Goodwood Festival of Speed and the Concorso d’Eleganza Villa d’Este draw international attention, showcasing some of the most prestigious classic cars. European collectors often favor vehicles with historical significance and provenance, emphasizing authenticity and originality.

Asia-Pacific:

The Asia-Pacific region is an emerging market for classic cars, driven by increasing wealth and a growing appreciation for Western luxury goods. Countries like China, Japan, and Australia are seeing a rise in the number of collectors and classic car events. While the market is still in its nascent stages compared to North America and Europe, the potential for growth is significant. The development of infrastructure, including specialized dealerships and restoration services, is expected to support the market’s expansion.

Future Outlook

The future of the classic car market is promising, with several trends and developments expected to shape its trajectory. Here are ten key pointers outlining the market’s future outlook:

Continued Market Growth: The classic car market is expected to maintain its robust growth, with a projected CAGR of 8.7% from 2023 to 2028. Increasing wealth, investment interest, and cultural appreciation will drive demand.
Technological Integration: Advancements in technology, such as 3D printing for parts and enhanced restoration techniques, will improve the quality and efficiency of restorations, attracting more enthusiasts.
Sustainability Focus: There will be a growing emphasis on sustainability, with eco-friendly restoration practices and the development of electric conversion kits for classic cars appealing to environmentally conscious consumers.
Digital Transformation: The rise of digital platforms for buying, selling, and auctioning classic cars will expand market access and transparency, making it easier for enthusiasts to participate globally.
Emerging Markets: Asia-Pacific and the Middle East will become increasingly important markets, driven by rising affluence and a growing interest in Western luxury goods, including classic cars.
Investment Diversification: More investors will diversify their portfolios with classic cars, attracted by their appreciation potential and stability compared to traditional investment vehicles.
Enhanced Experiences: Classic car events will become more immersive and interactive, offering unique experiences such as driving tours, restoration workshops, and historical exhibits.
Educational Programs: The establishment of educational and training programs for classic car restoration and maintenance will address the skills gap and ensure the preservation of automotive heritage.
Customization Trends: The trend for custom-built classic cars, blending vintage aesthetics with modern performance, will continue to grow, appealing to a new generation of enthusiasts.
Regulatory Environment: Favorable legislation and policies promoting classic car ownership, such as tax exemptions and special registration categories, will support market growth and preservation efforts.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Classic Cars Market
2.2. Global Classic Cars Market, By Function
2.3. Global Classic Cars Market, By Vehicle
2.4. Global Classic Cars Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Classic Cars Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Product
3.3.2. Application
3.3.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID 19 Impact Analysis
6.1. Global Classic Cars Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Classic Cars Market
7.1. Global Classic Cars Market, By Function, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Classic Cars Market, By Function, 2021 vs 2028 (in%)
7.1.3. Global Classic Cars Market, By Electric, 2016-2028 (US$ Bn)
7.1.4. Global Classic Cars Market, By Hydraulic, 2016-2028 (US$ Bn)
7.1.5. Global Classic Cars Market, By Pneumatic, 2016-2028 (US$ Bn)
7.2. Global Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Classic Cars Market, By Vehicle, 2021 vs 2028 (in%)
7.2.3. Global Classic Cars Market, By Passenger Cars, 2016-2028 (US$ Bn)
7.2.4. Global Classic Cars Market, By Light Commercial Vehicles, 2016-2028 (US$ Bn)
7.2.5. Global Classic Cars Market, By Heavy Commercial Vehicles, 2016-2028 (US$ Bn)

8. North America Classic Cars Market Analysis
8.1. North America Classic Cars Market, By Function, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Classic Cars Market, by Country, 2016-2028 (US$ Bn)
8.3.1. U.S.
8.3.1.1. U.S. Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.3.1.2. U.S. Classic Cars, By Function, 2016-2028 (US$ Bn)
8.3.1.3. U.S. Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
8.3.2. Canada
8.3.2.1. Canada Classic Cars, By Function, 2016-2028 (US$ Bn)
8.3.2.2. Canada Classic Cars, By Vehicle, 2016-2028 (US$ Bn)

9. Europe Classic Cars Market Analysis
9.1. Europe Classic Cars Market, By Function, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Classic Cars Market, by Country, 2016-2028 (US$ Bn)
9.3.1. Germany
9.3.1.1. Germany Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.1.2. Germany Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.1.3. Germany Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
9.3.2. France
9.3.2.1. France Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.2.2. France Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.2.3. France Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
9.3.3. UK
9.3.3.1. UK Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.3.2. UK Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.3.3. UK Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
9.3.4. Italy
9.3.4.1. Italy Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.4.2. Italy Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.4.3. Italy Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
9.3.5. Spain
9.3.5.1. Spain Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.5.2. Spain Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.5.3. Spain Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.6.2. Rest of Europe Classic Cars, By Function, 2016-2028 (US$ Bn)
9.3.6.3. Rest of Europe Classic Cars, By Vehicle, 2016-2028 (US$ Bn)

10. Asia Pacific Classic Cars Market Analysis
10.1. Asia Pacific Classic Cars Market, By Function, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Classic Cars Market, by Country, 2016-2028 (US$ Bn)
10.3.1. China
10.3.1.1. China Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.1.2. China Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.1.3. China Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
10.3.2. Japan
10.3.2.1. Japan Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.2.2. Japan Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.2.3. Japan Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
10.3.3. India
10.3.3.1. India Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.3.2. India Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.3.3. India Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
10.3.4. South Korea
10.3.4.1. South Korea Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.4.2. South Korea Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.4.3. South Korea Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
10.3.5. South-East Asia
10.3.5.1. South-East Asia Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.5.2. South-East Asia Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.5.3. South-East Asia Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.6.2. Rest of Asia Pacific Classic Cars, By Function, 2016-2028 (US$ Bn)
10.3.6.3. Rest of Asia Pacific Classic Cars, By Vehicle, 2016-2028 (US$ Bn)

11. Latin America Classic Cars Market Analysis
11.1. Latin America Classic Cars Market, By Function, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Classic Cars Market, by Deployment, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Classic Cars Market, by Country, 2016-2028 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.1.2. Brazil Classic Cars, By Function, 2016-2028 (US$ Bn)
11.4.1.3. Brazil Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.2.2. Mexico Classic Cars, By Function, 2016-2028 (US$ Bn)
11.4.2.3. Mexico Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.4.3.2. Rest of Latin America Classic Cars, By Function, 2016-2028 (US$ Bn)
11.4.3.3. Rest of Latin America Classic Cars, By Vehicle, 2016-2028 (US$ Bn)

12. Middle East and Africa Classic Cars Market Analysis
12.1. Middle East and Africa Classic Cars Market, By Function, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Classic Cars Market, By Vehicle, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Classic Cars Market, by Deployment, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Classic Cars Market, by Country, 2016-2028 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.1.2. GCC Countries Classic Cars, By Function, 2016-2028 (US$ Bn)
12.4.1.3. GCC Countries Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.2.2. South Africa Classic Cars, By Function, 2016-2028 (US$ Bn)
12.4.2.3. South Africa Classic Cars, By Vehicle, 2016-2028 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Classic Cars Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Classic Cars, By Function, 2016-2028 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Classic Cars, By Vehicle, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. Mercedes-Benz
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Citroen Ds
13.3. Chevrolet
13.4. Lamborghini
13.5. Lincoln Continental
13.6. Cadillac
13.7. Toyota
13.8. Buick Riviera
13.9. Cadillac Eldorado Brougham
13.10. Others

List of Figures

FIG. 1 Global Classic Cars Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Classic Cars Market Segmentation
FIG. 4 Global Classic Cars Market, By Function, 2021 (US$ Bn)
FIG. 5 Global Classic Cars Market, By Vehicle, 2021 (US$ Bn)
FIG. 6 Global Classic Cars Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, By Function, 2021
FIG. 8 Attractive Investment Proposition, By Vehicle, 2021
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Share Analysis of Key Classic Cars Market Manufacturers, 2021
FIG. 11 Global Market Positioning of Key Classic Cars Market Manufacturers, 2021
FIG. 12 Global Classic Cars Market Value Contribution, By Function, 2021 & 2028 (Value %)
FIG. 13 Global Classic Cars Market, By Electric, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Classic Cars Market, By Hydraulic, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Classic Cars Market, by Pneumatic, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Classic Cars Market Value Contribution, By Vehicle, 2021 & 2028 (Value %)
FIG. 17 Global Classic Cars Market, By Passenger Cars, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Classic Cars Market, By Light Commercial Vehicles, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Classic Cars Market, By Heavy Commercial Vehicles, Value, 2016-2028 (US$ Bn)
FIG. 20 U.S. Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 21 Canada Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 22 Germany Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 23 France Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 24 U.K. Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 25 Italy Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 26 Spain Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 27 Rest of Europe Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 28 China Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 29 Japan Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 30 India Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 31 South Korea Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 32 Southeast Asia Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 33 Rest of Asia Pacific Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 34 Latin America Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 35 Brazil Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 36 Mexico Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Latin America Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 38 Middle East & Africa Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 39 GCC Countries Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 40 South Africa Classic Cars Market, 2016-2028 (US$ Bn)
FIG. 41 Rest of Middle East and Africa Classic Cars Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Classic Cars Market
TABLE 2 Global Classic Cars Market, by Competitive Benchmarking, 2021
TABLE 3 Global Classic Cars Market, by Geographical Presence Analysis, 2021
TABLE 4 Global Classic Cars Market, by Key Strategies Analysis, 2021
TABLE 5 Global Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 6 Global Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 7 North America Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 8 North America Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 9 North America Classic Cars Market, by Country, 2016-2028 (US$ Bn)
TABLE 10 US Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 11 US Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 12 Canada Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 13 Canada Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 14 Europe Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 15 Europe Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 16 Europe Classic Cars Market, by Country, 2016-2028 (US$ Bn)
TABLE 17 Germany Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 18 Germany Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 19 France Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 20 France Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 21 UK Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 22 UK Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 23 Italy Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 24 Italy Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 25 Spain Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 26 Spain Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 27 Rest of Europe Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 28 Rest of Europe Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 29 Asia Pacific Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 30 Asia Pacific Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 31 Asia Pacific Classic Cars Market, by Country, 2016-2028 (US$ Bn)
TABLE 32 China Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 33 China Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 34 Japan Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 35 Japan Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 36 India Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 37 India Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 38 South Korea Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 39 South Korea Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 40 South East Asia Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 41 South East Asia Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 42 Rest of Asia Pacific Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 43 Rest of Asia Pacific Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 44 Latin America Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 45 Latin America Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 46 Latin America Classic Cars Market, by Country, 2016-2028 (US$ Bn)
TABLE 47 Brazil Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 48 Brazil Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 49 Mexico Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 50 Mexico Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 51 Rest of Latin America Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 52 Rest of Latin America Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 53 Middle East and Africa Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 54 Middle East and Africa Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 55 Middle East and Africa Classic Cars Market, by Country, 2016-2028 (US$ Bn)
TABLE 56 GCC Countries Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 57 GCC Countries Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 58 South Africa Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 59 South Africa Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)
TABLE 60 Rest of Middle East and Africa Classic Cars Market, By Function, 2016-2028 (US$ Bn)
TABLE 61 Rest of Middle East and Africa Classic Cars Market, By Vehicle, 2016-2028 (US$ Bn)

Frequently Asked Questions

How does COVID-19 Impact the global classic cars market?

Classic Cars Market also suffered from the COVID-19 pandemic, which resulted in a decline in revenue generated in 2020.

Which is the leading market for classic cars?

North America accounted for the highest global classic cars market share.

What are the key drivers for the growth of the classic car market?

Increasing demand for vintage cars as collectibles and increasing demand in Asia Pacific countries are the major factors driving the market’s growth.

Which is the major segment in classic cars market by function?

Electric segment had a major share in 2021. Besides, it is also projected to witness the fastest growth.

Which is the major segment in classic cars market by Vehicle?

The Passenger Car segment had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.

Purchase Options

Single User

$4699

Multi User

$5699

Custom Report

$7699

Request Free Sample

Have a question?

Don’t settle for less – trust Mitul to help you find the best solution.

Call: +91 6232 49 3207

EMAIL MITUL

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –