Bentley Statistics By Market, Revenue, Production, Sales, Vehicle Types and Facts

Introduction

Bentley Statistics: Bentley is a fancy car company from Britain, and it is a super high-end brand. They’ve been around since 1919, and the guy who started it, W. O. Bentley, wanted to make the fastest and best cars around. Back then, Bentleys were known for winning races and being super powerful. Things changed a bit over time, and Bentley went from all-out racing to focusing on how luxurious their cars were.

Today, Bentley still makes amazing cars. They come in different styles, from sporty coupes to big SUVs, all with the same fancy touches and powerful engines.

To understand their performance in the worldwide market, check out the following Bentley Statistics.

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• About international markets, the majority of the revenue is estimated to be generated from Iceland, which contributes 317 million US dollars in 2024.
• As of today, Bentley’s passenger car market worldwide is projected to generate revenue of USD 1 billion.
• The African Bentley passenger car market is projected to generate revenue of USD 20 million in 2024.
• In 2023, Asia Pacific, the Middle East, India, and Africa recorded positive changes in total sales compared to 2022 performance. Each generated a 5% and 2% change, respectively.
• Currently, Bently’s luxury car market is projected to generate the highest sales compared to SUVs. Bentley Statistics show that, by the forecast period, the similar segment of Luxury cars is expected to stay as the highest sales generating segment.
• About Sales, luxury cars are projected to be the generating segment, leading to more revenue in the coming years. The overall revenue generation is expected to be around 1 billion USD as of today, which is projected to reach 2 billion USD by 2028.
• In 2022, the demand for brand vehicles was highest. Thus, the company recorded the highest worldwide deliveries and the total number of vehicles manufactured. However, in 2023, it significantly declined to 12,941 units.
• In 2023, Bentley generated worldwide vehicle deliveries of 13.56 thousand units. The highest was recorded in 2022, which contributed 15.17 thousand vehicles.
• In 2024, Bentley’s sedans are projected to increase their market share to 32%.
• The Flying Spur Speed is another anticipated launch for 2024. It is priced at approximately $200,000 and has been well-received in the market.

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Bentley Passenger Cars Market By Region

Worldwide

• As of today, Bentley’s passenger cars market is projected to generate a revenue of US$1 billion.
• Revenue growth is projected to be 4.97% between 2024 and 2028, leading the market volume to US$2 billion by the forecast period.
• About international markets, the majority of the revenue is estimated to be generated from Iceland, which contributes 317 million US dollars in 2024.
• Furthermore, the volume-weighted average price of the same is projected to amount to US$239k in the current year.

Unit Sales of Bentley in the Worldwide Market

(Source: statista.com)

Currently, Bently’s luxury car market is projected to generate the highest sales compared to SUVs. Bentley Statistics show that, by the forecast period, the similar segment of Luxury cars is expected to stay as the highest sales generating segment.

Average CO2 Emission

(Reference: statista.com)

Bentley Statistics by average CO2 emission by year show that the company’s CO2 emissions were higher in the last decade than in current years. Over the years, Bentley’s strategies have made it possible to reduce emissions at a certain level. Thus, the estimates show that, by 2028, it will be merely 138 grams per kilometer.

Change in the Revenue of Bentley Passenger Cars

(Source: statista.com)

Concerning Sales, luxury cars are projected to be the generating segment, leading to more revenue in the coming years. Bentley Statistics The overall revenue generation is expected to be around 1 billion USD as of today, which is projected to reach 2 billion USD by 2028.

Africa

• The African Bentley passenger car market is projected to generate revenue of USD 20 million in 2024.
• Revenue growth is estimated at an annual rate of 2.56% between 2024 and 2028, reaching a market volume of US$22 million.
• Furthermore, by 2028, the unit sales are estimated to be 89.0 vehicles.
• The volume-weighted average price of Bently in the current year is estimated to be US$245k.

Americas

• Bentley Statistics 2024 shows that the American market for a similar business segment is expected to generate a revenue of US$166 million.
• However, between 2024 and 2028, the CAGR growth rate is estimated to decline to -2.41%, reducing the market market significantly to US$150 million by the forecast period.
• The volume-weighted average price of the same is projected to be US$200k.
• By 2028, the unit sales are estimated to be 740.0 vehicles.

Europe

• In 2024, the projected generation of revenue is US$1 billion.
• Moreover, its annual growth rate is estimated to be 5.93%, keeping the market volume steady at 1 billion US dollars by the forecast period.
• The volume-weighted average price is projected to amount to US$247k.
• The unit sales are estimated to be 5.5k vehicles.

Bentley Global Vehicle Deliveries

(Reference: statista.com)

In 2023, Bentley generated worldwide vehicle deliveries of 13.56 thousand units. The highest was recorded in 2022, which contributed 15.17 thousand vehicles. Overall, the company’s growth in terms of worldwide vehicle deliveries is stagnant at a certain level.

Bentley’s Global Production

(Reference: statista.com)

Bentley Statistics show that in 2022, the demand for brand vehicles was highest. Thus, the company recorded the highest worldwide deliveries and the total number of vehicles manufactured. However, in 2023, it significantly declined to 12,941 units.

Bentley Sales By Region

(Source: motor1.com)

Bentley Statistics show that, in 2023, Asia Pacific, along with the Middle East, India, and Africa, recorded a positive change in total sales compared to 2022 performance. Each of these generates 5% and 2% change. At the same time, other regions such as the Americas, Chinese Mainland, Hong Kong, Macao, Europe, and the United Kingdom reported a major decline with -9%, -18%,-15%, and -18% change in sales, respectively. However, although the sales generated were 13,560 units, it reported an -11% decline.

Best Bentleys of all time

• Her Majesty the Queen’s State Limousine (2002)
• Bentley Continental GT (2003)
• Bentley Speed 8 Le Mans GT Prototype (2003)
• Bentley 3-litre (1921)
• Blue Train Bentley Speed Six (1930)
• Bentley R-Type Continental (1952)
• Bentley 8-Litre (1930)
• Bentley Mark V (1939)
• Bentley S1 Continental Flying Spur (1958)
• Blower Bentley 4½-litre (1929)

(Source: opumo.com)

Bentley Market Overview 2024 and Forecast

Bentley Motors is a British luxury automobile manufacturer known for producing high-end, luxurious vehicles that combine performance, craftsmanship, and advanced technology. They primarily manufacture three types of vehicles: sedans, SUVs, and grand tourers.

 Types of Vehicles Bentley Manufactures

• Sedans: Bentley is renowned for its luxurious sedans, with the Bentley Flying Spur being a prominent model. This sedan offers a blend of luxury, comfort, and high performance.
• SUVs: The Bentley Bentayga is a popular luxury SUV that combines off-road capability with Bentley’s signature opulence and performance.
• Grand Tourers: The Bentley Continental GT is a prime example of their grand tourer lineup. It is known for its speed, luxury, and comfort, making it ideal for long-distance travel.

 Market Share Region-Wise By Vehicle Types

 2023 Market Share Data

North America:

• Sedans: Bentley’s sedans held a 30% market share in the luxury sedan segment.
• SUVs: The Bentayga accounted for 35% of Bentley’s market share in the luxury SUV segment.
• Grand Tourers: The Continental GT captured 25% of the market share in the grand tourer segment.

Europe:

• Sedans: In Europe, Bentley’s sedans had a 28% market share.
• SUVs: Bentley’s SUVs held a 32% market share.
• Grand Tourers: The grand tourers had a 30% market share.

Asia-Pacific:

• Sedans: Bentley’s sedans captured 25% of the luxury sedan market.
•  SUVs: The Bentayga held a 40% market share in the SUV segment.
•  Grand Tourers: The grand tourers had a 20% market share.

Middle East and Africa:

• Sedans: Bentley’s sedans had a 20% market share.
• SUVs: The SUVs held a dominant 45% market share.
• Grand Tourers: The grand tourers had a 20% market share.

 2024 Market Share Projections

North America:

•  Sedans: Bentley’s sedans are projected to increase their market share to 32%.
•  SUVs: The Bentayga is expected to hold a 33% market share.
•  Grand Tourers: The Continental GT is projected to capture 27% of the market share.

Europe:

• Sedans: The market share for Bentley’s sedans is projected to rise to 30%.
• SUVs: The SUV market share is expected to stabilize at 30%.
• Grand Tourers: The grand tourers are projected to increase their market share to 32%.

Asia-Pacific:

• Sedans: The market share for sedans is expected to increase to 26%.
• SUVs: The Bentayga is projected to hold a 38% market share.
• Grand Tourers: The grand tourers are projected to maintain a 20% market share.

Middle East and Africa:

• Sedans: The market share for sedans is expected to rise to 22%.
• SUVs: The SUVs are projected to maintain a 43% market share.
• Grand Tourers: The grand tourers are expected to increase their market share to 22%.

Bentley Motors has been actively launching new products and developing existing ones to maintain its position in the luxury automobile market. Additionally, the company has set ambitious goals to reduce CO2 emissions by 2030 as part of its sustainability strategy.

 Product Launches and Developments

• Bentley Flying Spur Hybrid: In 2023, Bentley introduced the Flying Spur Hybrid, a plug-in hybrid sedan that combines a V6 engine with an electric motor. This model is part of Bentley’s strategy to offer more environmentally friendly options without compromising on luxury and performance. It is priced at approximately $200,000 and has been well-received in the market.
• Bentley Continental GT Speed: Another major launch in 2023 was the Bentley Continental GT Speed. This model is the fastest production Bentley ever made, featuring a 6.0-litre W12 engine that produces 650 horsepower. Priced around $275,000, the GT Speed highlights Bentley’s commitment to performance and luxury.
• Bentley Bentayga EWB (Extended Wheelbase): In 2024, Bentley plans to launch the Bentayga EWB, which offers more rear legroom and additional luxury features compared to the standard Bentayga. This model is expected to start at $230,000 and aims to cater to customers seeking the ultimate in SUV luxury.
• Bentley Flying Spur Speed: The Flying Spur Speed is another anticipated launch for 2024. This sedan will feature a more powerful version of the W12 engine, providing exceptional performance while maintaining the comfort and luxury Bentley is known for. It is expected to be priced at around $250,000.

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Strategy to Reduce CO2 Emissions By 2030

Bentley Motors has laid out a comprehensive strategy to reduce CO2 emissions by 2030, aiming to achieve full carbon neutrality. Key elements of this strategy include:

• Electrification: Bentley plans to offer only plug-in hybrid or electric vehicles by 2026 and fully electric vehicles by 2030. This transition is crucial to reducing emissions from their fleet. The Flying Spur Hybrid and upcoming electric models are part of this strategy.
• Sustainable Manufacturing: Bentley has invested over $50 million in its Crewe factory to make it a carbon-neutral facility. This includes installing solar panels, increasing energy efficiency, and using renewable energy sources.
• Sustainable Materials: Bentley is also focusing on using sustainable materials in its vehicles. This includes sourcing leather from suppliers that follow strict environmental guidelines and using recycled materials where possible.
• CO2 Offsetting: In addition to reducing emissions directly, Bentley is investing in carbon offset projects to balance any remaining emissions. This includes reforestation projects and renewable energy investments.

Bentley Statistics reports that by 2030, Bentley aims to reduce its overall CO2 emissions by 75% compared to 2019. This ambitious goal reflects Bentley’s commitment to sustainability and addressing climate change while continuing to offer luxurious and high-performance vehicles.

Conclusion

Bentley Motors continues to perform strongly in the luxury automobile market, maintaining a significant presence across various regions with its diverse lineup of sedans, SUVs, and grand tourers. The company’s market strategy includes focusing on maintaining and slightly increasing its market share in key regions, with a strong emphasis on the growing demand for luxury SUVs and grand tourers.

In summary to Bentley Statistics, Bentley Motors is not only enhancing its product lineup with new and exciting models but is also deeply committed to reducing its environmental impact. The company’s efforts in electrification, sustainable manufacturing, and CO2 offsetting are essential parts of its strategy to achieve carbon neutrality by 2030.