Global Luxury Vehicles market is reach 684900$ M by the end of 2025, growing at a CAGR of 6.2% during 2018-2025
This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market
Pune, India – June 28, 2018 /MarketersMedia/ —
The global Luxury Vehicles market is valued at 423000 million US$ in 2017 and will reach 684900 million US$ by the end of 2025, growing at a CAGR of 6.2% during 2018-2025.
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.
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Companies profiled in this report 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 and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Compact Car
• Mid-size Car
• Full-size Car
• Larger Car
• SUV/Crossover
• Super Sport Car
Analysis by Applications, this report focuses on consumption, market share and growth rate of Luxury Vehicles in each application, can be divided into
• Financing/Loan
• Cash Payment
• Leasing
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Table of Contents:
1 Luxury Vehicles Market Overview
2 Global Luxury Vehicles Market Competition by Manufacturers
3 Global Luxury Vehicles Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Luxury Vehicles Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Luxury Vehicles Production, Revenue (Value), Price Trend by Types
6 Global Luxury Vehicles Market Analysis by Applications
7 Global Luxury Vehicles Manufacturers Profiles/Analysis
8 Luxury Vehicles Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Luxury Vehicles Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
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