Luxury vehicles is the vehicle of luxury brands, like Mercedes-Bens, Audi, BMW, Volvo, Lexus and so on.
Scope of the Report:
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.
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 $150 thousand, also will witness the very high fast growth rate in the next 6 year, even though, only occupy less than 1% market share in 2016.
The worldwide market for Luxury Vehicles is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 611300 million US$ in 2024, from 423000 million US$ in 2019, according to a new GIR (Global Info Research) study.
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.
Market Segment by Manufacturers, this report covers
Mercedes Benz
BMW
Audi
Lexus
Volvo
Land Rover
MINI
Cadillac
Porsche
Infiniti
Acura
Jaguar
Smart
Lincoln
Tesla
Maserati
Bentley
Ferrari
Rolls-Royce
Lamborghini
McLaren
Aston Martin
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Compact Car
Mid-size Car
Full-size Car
Larger Car
SUV/Crossover
Super Sport Car
Market Segment by Applications, can be divided into
Financing/Loan
Cash Payment
Leasing
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Luxury Vehicles product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Luxury Vehicles, with price, sales, revenue and global market share of Luxury Vehicles in 2017 and 2018.
Chapter 3, the Luxury Vehicles competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Luxury Vehicles breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Luxury Vehicles market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Luxury Vehicles sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Luxury Vehicles . Industry analysis & Market Report on Luxury Vehicles is a syndicated market report, published as Global Luxury Vehicles Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Luxury Vehicles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.