Luxury Vehicles Market Know in Detail about the Analysis, Forecasts, and Overview and Market Development
Luxury Vehicles market report takes into consideration key market dynamics of sector. The current market scenario and future prospects of the sector have also been examined here. Further, it presents the company profile, product specifications, production value, and contact information of manufacturer and market shares for company. All the numerical data included in the report is backed up by excellent tools such as SWOT analysis, Porter’s Five Forces Analysis and others. The statistics are signified in graphical and tabular format for a clear understanding on facts and figures. The report also analyses the emerging trends along with major drivers, challenges and opportunities in the Luxury Vehicles market.
The worldwide market for Luxury Vehicles is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 611300 million US$ in 2024, from 423000 million US$ in 2019, according to a new RFM (ResearchforMarkets) study.
In terms of vehicle type, SUVs contributed most in the growth of global luxury vehicle market, with average growth rate of 14% during last five year. Super sport car, usually cost for over $150 thousand, also will witness the very high fast growth rate in the next 6 year, even though, only occupy less than 1% market share in 2016.
Market Segment by Manufacturers, this report covers
Mercedes-Benz USA, Mercedes-Benz, Mercedes-Benz Vans, LLC (Charleston, SC), Mercedes-Benz Sundaram Motors, Mercedes-Benz South Africa, Mercedes Benz Dealer Bedrijven, Mercedes-Benz Club Nederland, BMW Group, BMW, BMW of North America, LLC, BMW (UK) Manufacturing Ltd, AUDI AG, Audi Stockholm, Audi Volkswagen Middle East, Audi Belgium, Audi UK, Audi Centre, Lexus, Volvo IT, Volvo Group, Volvo Cars, Land Rover South Africa, MINI Canada, Cadillac, Porsche AG, Porsche Cars North America, Porsche Inter Auto Romania, Porsche Ibérica, Porsche Centrum Eindhoven / Maastricht, INFINITI Europe, Jaguar Land Rover, Jaguar Land Rover Africa, Jaguar Land Rover América Latina e Caribe, Jaguar South Africa, Lincoln, Tesla, Maserati, Bentley Motors Ltd, Ferrari, Rolls-Royce, Rolls-Royce Motor Cars, Automobili Lamborghini S.p.A., McLaren Group, McLaren Automotive Ltd, Aston Martin Lagonda Ltd, and Aston Martin Works Limited
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Luxury vehicles are the vehicle of luxury brands, like Mercedes-Bens, Audi, BMW, Volvo, and Lexus and so on.
The three German players BMW, Audi and Mercedes-Benz account for approximately 70% share of the global luxury car market. Mercedes-Benz is the global leader in the luxury car segment, followed by BMW and Audi. World over while mass automobile manufacturers are struggling with margins, high end manufacturers are enjoying steadily increasing sales.
In the United States luxury car market, over the past few years, it is the crossovers and SUVs, which have been experiencing growth in sales. In 2016, the two leading players in the market, Mercedes-Benz and Lexus did not see any of its non-SUV models experience growth in sales. Demand for luxury cars in Europe had been at a low for nearly two decades and started recovering gradually from 2014. Even though challenging economic conditions still prevail in many European markets, players such as BMW have been able to maintain volumes of their higher end models. In 2017, the luxury car segment in China is seeing strong growth. The millionaires in China increased by 10% in 2016 year-on-year. Despite the government’s austerity drive, sales of super-luxury and supercar sales have not slowed down in China.
This report focuses on the Luxury Vehicles in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Luxury Vehicles Market —Product Type Segmentation
- Compact Car
- Mid-size Car
- Full-size Car
- Larger Car
- Super Sport Car
Luxury Vehicles Market —Industry Segmentation
- Cash Payment
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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Luxury Vehicles Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Luxury Vehicles Market Analysis by Regions
5 North America Luxury Vehicles by Country
6 Europe Luxury Vehicles by Country
7 Asia-Pacific Luxury Vehicles by Country
8 South America Luxury Vehicles by Country
9 Middle East and Africa Luxury Vehicles by Countries
10 Global Luxury Vehicles Market Segment by Type
11 Global Luxury Vehicles Market Segment by Application
12 Luxury Vehicles Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
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Reasons To Buy This Report:
- To get a comprehensive overview of the Luxury Vehicles market.
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- To gain insights about the major regional insights in which the Luxury Vehicles is flourishing.
- Recent industry trends and developments
- Potential and niche segments/regions exhibiting promising growth
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