Global Luxury Vehicles Market to Surpass Well Beyond US$ 611300 million by 2023

Luxury Vehicles Market report presents a comprehensive overview, market shares, and growth opportunities of Luxury Vehicles market by product type, application, key manufacturers and key regions.

Over the next five years, we projects that Luxury Vehicles will register a 6.3% CAGR in terms of revenue, reach US$ 611300 million by 2023, from US$ 423000 million in 2017.

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Luxury vehicles are the vehicle of luxury brands, like Mercedes-Bens, Audi, BMW, Volvo, 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.

This report studies the global market, top players:
Mercedes Benz
BMW
Audi
Lexus
Volvo
Land Rover
MINI
Cadillac
Porsche
Infiniti
Acura
Jaguar

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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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Luxury Vehicles market Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. Luxury Vehicles market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.

Segmentation by product type:
Compact Car
Mid-size Car
Full-size Car
Larger Car
SUV/Crossover
Super Sport Car

Segmentation by application:
Financing/Loan
Cash Payment
Leasing

Companies Mentioned:
Smart
Lincoln
Tesla
Maserati
Bentley
Ferrari
Rolls-Royce
Lamborghini
McLaren
Aston Martin

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

The concluding paragraph of the Luxury Vehicles market report reveals research findings, results, conclusions. Similarly discloses various Luxury Vehicles industry data sources, traders/distributors, suppliers, manufacturers, sales channel, and appendix. In a word, the overall Luxury Vehicles market report is a valuable document for people interested in Luxury Vehicles market.

Short Segment in Table of Content:
Chapter Nine: Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

Chapter Ten: Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.2 Luxury Vehicles Distributors
10.3 Luxury Vehicles Customer

Chapter Eleven: Global Luxury Vehicles Market Forecast
11.1 Global Luxury Vehicles Consumption Forecast (2018-2023)
11.2 Global Luxury Vehicles Forecast by Regions
11.2.1 Global Luxury Vehicles Forecast by Regions (2018-2023)
11.2.2 Global Luxury Vehicles Value Forecast by Regions (2018-2023)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast

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