Global Luxury Car Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 Luxury Car Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, Luxury Car market frequency, dominant players of Luxury Car market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Luxury Car production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Global Luxury Car manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Top Companies in the Global Luxury Car Market: Daimler AG, Bayerische Motoren Werke AG (BMW), Volvo Group, Volkswagen Group, Tata Motor Limited, Tesla Inc., General Motors Company, Ford Motor Company, Aston Martin Lagonda Ltd, Honda Motor Co., Nissan And others.
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The luxury car market (henceforth, referred to as the market studied) is anticipated to register a CAGR of about 5.83% during the forecast period (2019 – 2024).
A rise in tangible luxury offerings in vehicles, shifting consumer preferences from sedan to SUVs, and increasing disposable incomes of consumers have been propelling the demand for luxury cars around the world. However, there are a few factors, such as an increase in import tariffs, which are expected to hinder the growth of the luxury car market. For instance: the US President-elect may increase the import tariffs on German luxury cars. The BMW and other Germany luxury car manufacturers may have to face a 35% import duty for cars not manufactured in the United States.
The growing trend of electric luxury vehicles across the regions is fueling the demand for luxury cars. With the growing environmental concerns, the governments, and environmental associations across the world are tightening the emission norms. As a result, major luxury car manufacturers are launching electric variants of their vehicles, which is expected to accelerate the growth of the luxury car market over the forecast period.
Some of the major players in the market studied are Mercedes-Benz, BMW, Lexus, Audi, Volvo, Land Rover and Jaguar, and Tesla. In 2018, Mercedes-Benz dominated the luxury car market, with a market share of approximately 16%, followed by BMW. The other players in the market studied include, Ferrari, Lamborghini, and Porsche, among others.
Regional Analysis For Luxury Car Market:
For comprehensive understanding of market dynamics, the Global Luxury Car market is analyzed across key geographies namely: North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Rest of Europe), Asia Pacific (China, Japan, Global, Rest of Asia Pacific), Latin America (Brazil, Argentina, Rest of Latin America) And Rest of the World.
The report has 150 tables and figures browse the report description and TOC:
TABLE OF CONTENT:
- Industry Overview of IP67 Connectors
- Global Luxury Car Competition Analysis by Players
- Company (Top Players) Profiles
- Global Luxury Car Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2025)
- Luxury Car Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Luxury Car Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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