No, Seiko is not a luxury brand. Seiko is a popular watch brand that provides reliable and good quality watches at affordable and mid-range prices. However, Seiko also owns luxury watch brands like Grand Seiko and Credor, which do fall into the luxury category.

What Defines a Luxury Brand?
Luxury brands focus on very high quality, fine hand work, rare designs, and high prices. These brands often produce watches in small quantities and sell them in exclusive stores. Luxury watches also use luxurious materials and have strong brand history and status. Brands such as Rolex and Patek Philippe fall into this category in the sense that they have both a value and prestige
Brand Overview: Understanding Seiko
Seiko began in Japan in 1881, and has become one of the most trusted watch brands in the world. The brand is responsible for making many types of watches, such as quartz, automatic, solar, and Spring Drive watches. Seiko controls most of the parts of watch making in-house, which helps them to maintain good quality with fair prices. Many people use Seiko watches for daily life, because the watches have a long lifespan and good work.
Pricing and Quality Comparison
Seiko watches typically cost $100-$500, although some Seiko models are more expensive. These prices remain far below luxury watch prices. Seiko uses good materials and modern machines to manufacture watches in large numbers. While the quality remains high, at Seiko the focus is more on function and value, as opposed to rare design and handmade detail.
Market Positioning: Where Seiko Stands
Seiko remains a high-quality brand in the mass-market and mid-range watches. It is directed towards buyers who are looking for reliable watches at reasonable prices. For those buyers wishing for luxury, Seiko offers Grand Seiko and Credor as separate brands. This clear split helps Seiko to serve both the everyday and luxury users without breaching the two markets.