Luxury Vehicles Market Exploring Future Growth 2019-2024
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  • Luxury Vehicles Market Exploring Future Growth 2019-2024

     



    (Transportation-News.com, March 04, 2019 ) 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.

    Major Key Players of the Luxury Vehicles Market are:
    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

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    According to this study, over the next five years the Luxury Vehicles market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 611300 million by 2024, from US$ 423000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luxury Vehicles business, shared in Chapter 3.

    Major Types of Luxury Vehicles covered are:
    Compact Car
    Mid-size Car
    Full-size Car
    Larger Car
    SUV/Crossover
    Super Sport Car

    Major Applications of Luxury Vehicles covered are:
    Financing/Loan
    Cash Payment
    Leasing

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    The report is a combination of qualitative and quantitative analysis of the Luxury Vehicles industry. It provides market estimation and forecasting of the Luxury Vehicles market for the period of 2017 to 2025, considering 2017 as the base year and 2018-2025 as the forecast period. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

    Table of Content

    1 Report Overview
    1.1 Study Scope
    1.2 Key Market Segments
    1.3 Players Covered
    1.4 Market Analysis by Type
    1.5 Market by Application
    1.6 Study Objectives
    1.7 Years Considered

    2 Global Growth Trends
    2.1 Luxury Vehicles Market Size
    2.2 Luxury Vehicles Growth Trends by Regions
    2.3 Industry Trends

    3 Market Share by Key Players
    3.1 Luxury Vehicles Market Size by Manufacturers
    3.2 Luxury Vehicles Key Players Head office and Area Served
    3.3 Key Players Luxury Vehicles Product/Solution/Service
    3.4 Date of Enter into Luxury Vehicles Market
    3.5 Mergers & Acquisitions, Expansion Plans

    4 Breakdown Data by Product
    4.1 Global Luxury Vehicles Sales by Product
    4.2 Global Luxury Vehicles Revenue by Product
    4.3 Luxury Vehicles Price by Product

    5 Breakdown Data by End User
    5.1 Overview
    5.2 Global Luxury Vehicles Breakdown Data by End User

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    In the end, Luxury Vehicles industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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    Rajat Sahni

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    sales@reportsweb.com

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