Press release
Luxury Vehicles Market 2019: By 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
Luxury Vehicles Market 2019
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.
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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.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
• 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
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
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Table of Content
1 Scope of the Report
2 Executive Summary
3 Global Luxury Vehicles by Players
4 Luxury Vehicles by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Luxury Vehicles Market Forecast
12 Key Players Analysis
12.1 Mercedes Benz
12.1.1 Company Details
12.1.2 Luxury Vehicles Product Offered
12.1.3 Mercedes Benz Luxury Vehicles Sales, Revenue, Price and Gross Margin (2016-2018)
12.1.4 Main Business Overview
12.1.5 Mercedes Benz News
12.2 BMW
12.2.1 Company Details
12.2.2 Luxury Vehicles Product Offered
12.2.3 BMW Luxury Vehicles Sales, Revenue, Price and Gross Margin (2016-2018)
12.2.4 Main Business Overview
12.2.5 BMW News
12.3 Audi
12.3.1 Company Details
12.3.2 Luxury Vehicles Product Offered
12.3.3 Audi Luxury Vehicles Sales, Revenue, Price and Gross Margin (2016-2018)
12.3.4 Main Business Overview
12.3.5 Audi News
12.4 Lexus
12.4.1 Company Details
12.4.2 Luxury Vehicles Product Offered
12.4.3 Lexus Luxury Vehicles Sales, Revenue, Price and Gross Margin (2016-2018)
12.4.4 Main Business Overview
12.4.5 Lexus News
12.5 Volvo
12.5.1 Company Details
12.5.2 Luxury Vehicles Product Offered
12.5.3 Volvo Luxury Vehicles Sales, Revenue, Price and Gross Margin (2016-2018)
12.5.4 Main Business Overview
12.5.5 Volvo News
...Continued
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