Luxury Van Market is taking Huge leap in Future...!!
𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑷𝑫𝑭 𝑩𝒓𝒐𝒄𝒉𝒖𝒓𝒆 @ https://www.coherentmarketinsights.com/insight/request-pdf/648
𝗧𝗼𝗽 𝗞𝗲𝘆 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀:
Chief industry participants include General Motors Company (GM), Daimler, Volkswagen Group, Nissan Motor Company, Ford Motor, Becker Automotive Design, Hyundai Motor, Honda Motor, Thor Industries, Renault, and Toyota Motor.
𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗮𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝘁𝗼 𝗲𝗻𝘀𝘂𝗿𝗲 𝗰𝗼𝗺𝗳𝗼𝗿𝘁 𝗮𝗻𝗱 𝘀𝗮𝗳𝗲𝘁𝘆 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗽𝗿𝗼𝗺𝗶𝗻𝗲𝗻𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗴𝗿𝗼𝘄𝘁𝗵 𝗱𝗿𝗶𝘃𝗲𝗿
According to the World Bank Group, global GDP per capita has increased from US$ 9509.366 in 2010 to US$ 10,150.788 in 2016, prominently driven by the major economie. This has led to significant increase in the gross national income, living standards, affordability and the expenditure on luxury vehicles by consumers across these major economies. Moreover, integration of advanced functions that include security technologies, electronic stability control, anti-lock brakes, TV entertainment system, remote start, massaging and heated seats have led to increased end user inclinations. Better performance and handling in relation to their conventional counterparts, is expected to provide higher traction to the luxury van market throughout the forecast period.
𝑹𝒆𝒒𝒖𝒆𝒔𝒕 𝒕𝒐 𝑪𝒖𝒔𝒕𝒐𝒎𝒊𝒔𝒆 𝑹𝒆𝒑𝒐𝒓𝒕@ https://www.coherentmarketinsights.com/insight/request-customization/648
𝗡𝗲𝘅𝘁 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀 𝘃𝗲𝗵𝗶𝗰𝗹𝗲𝘀 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗰𝗵𝗶𝗲𝗳 𝘁𝗿𝗲𝗻𝗱𝘀 𝗴𝗮𝗶𝗻𝗶𝗻𝗴 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻
Significant achievements have been witnessed across the industry with R&D regarding the autonomous driving future.
𝗙𝗹𝗲𝗲𝘁 𝗼𝗽𝗲𝗿𝗮𝘁𝗼𝗿𝘀 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗲𝗱 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘀𝗵𝗮𝗿𝗲 𝗶𝗻 𝟮𝟬𝟭𝟲, 𝗮𝗻𝗱 𝗮𝗿𝗲 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗱𝗼𝗺𝗶𝗻𝗮𝘁𝗲 𝘁𝗵𝗲 𝗹𝘂𝘅𝘂𝗿𝘆 𝘃𝗮𝗻 𝗺𝗮𝗿𝗸𝗲𝘁 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱
Increasing number of business tours owing to vast expanse of multinational firms, the corporate employee transportation requirements, entertainment & media industry, and political VIPs are expected to be the major factors driving the vehicle demands by fleet providers. Individual owners accounted for the significantly small percentage of overall industry share.
𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗶𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 𝘁𝗼 𝘄𝗶𝘁𝗻𝗲𝘀𝘀 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱
Increasing international travel & tourism industry in Asia Pacific, presence of large number of electronic and IT industry participants, growing manufacturing activities are among the major factors that will contribute to the industry growth.
𝗟𝘂𝘅𝘂𝗿𝘆 𝗩𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗮𝘅𝗼𝗻𝗼𝗺𝘆
On the basis of end users, the global luxury van market is classified into:
• Fleet Operators
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