openPR Logo
Press release

Luxury Car Market - Why Gasoline Vehicles Are Driving the Future of Luxury Cars? Tesla, Volkswagen, Daimler, Lexus, Infiniti, BMW, Volvo Car, Audi, Aston Martin Lagonda, Ferrari

03-17-2020 04:22 PM CET | Logistics & Transport

Press release from: Allied Market Research

Luxury Cars Market Sales Statistics

Luxury Cars Market Sales Statistics

Luxury Car Market 2020-2026 On the basis of vehicle type, the sports utility vehicle (SUV) segment dominated the global luxury car market in 2018, in terms of revenue. In addition, on the basis of fuel type, the gasoline segment is expected to lead the market throughout the forecast period. Presently, Asia-Pacific is the highest revenue contributor, followed by Europe, North America, and LAMEA.

Download Report Sample (196 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/6345

According to a recent report published by Allied Market Research, titled, "Luxury car Market by Vehicle Type and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global luxury car market size was valued at $495.7 billion in 2018, and is projected to reach $733.2 billion by 2026, registering a CAGR of 5.2% from 2019 to 2026.

The key players analyzed in this luxury car market report are Volkswagen AG, Daimler AG, Lexus, Infiniti, BMW AG, Volvo Car, Audi AG, Aston Martin Lagonda, Tesla, and Ferrari N.V.

Presently, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the Asia-Pacific luxury car market share in 2018 and is anticipated to exhibit a remarkable growth during the forecast period.

Schedule a Free Call With Our Industry Experts/Analysts To Know More About Luxury Cars Industry: https://www.alliedmarketresearch.com/connect-to-analyst/6345

Leading luxury car manufacturers are in a close competition, in terms of sales of luxury vehicles in the U.S. luxury car market. For instance, luxury car manufacturer, Mercedes-Benz outsold BMW AG, a major player in market, for second consecutive month in November 2019 by surpassing BMW with 2,508 vehicles. Leading providers of new and pre-owned vehicles in Canada are entering luxury cars market in Canada, which, in turn, is anticipated to boost the luxury car market in Canada. For instance, HGregoire, a company operating in new and pre-owned vehicle business entered the Canada luxury cars market with the opening of HGregoire INFINITI Laval.

Major players in the luxury car market in the UK are incorporating new carbon neutral luxury car factory, which, in turn, is anticipated to propel the market in the UK. For instance, Bentley Motors, a leading luxury car brand, incorporated UK' first carbon neutral luxury car factory. In addition, the factory's electricity requirement is met by renewable energy resources. In addition, Luxury vehicle manufacturers in France are launching new range of luxury cars, which is anticipated to propel the growth of the market in France. In addition, on March 5, 2019, Bugatti, a French automaker, unveiled the world's most expensive luxury vehicle at Geneva International Motor Show in Switzerland.

Inquire More About This Report Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/6345

Leading automobile manufacturers are entering the China luxury car market, which in turn is anticipated to drive the market in this country. For instance, Hyundai, a South Korean multinational automotive manufacturer is planning to launch Genesis, Hyundai's luxury vehicle division in China, which is expected to boost the luxury cars market in China. In addition, automotive giants operating in the luxury cars market in Japan are introducing new models of luxury vehicles with advanced features. For instance, on October 8, 2019, Toyota Motor Corporation announced its plans to release its new luxury car "Granace" in Japan.

Factors such as rise in demand for luxury vehicles and increased demand for comfortable driving experience propel the growth of luxury car market. However, high cost of luxury cars is anticipated to hinder the market growth. Further, production of electric luxury cars provides a remarkable growth opportunity for players operating in the luxury car market.

Request For Customization Of This Report: https://www.alliedmarketresearch.com/request-for-customization/6345

Key Findings of the Study
o On the basis of vehicle type, the sports utility vehicle segment is anticipated to exhibit a remarkable growth during the forecast period.
o On the basis of fuel type, the electric segment is anticipated to grow at the highest CAGR during the forecast period.
o Region wise, North America is the fastest growing region, followed by Europe, Asia-Pacific, and LAMEA.

Luxury Car Market to Reach $733.2 Bn, Globally, by 2026 at 5.2% CAGR: Allied Market Research | https://www.prnewswire.com/news-releases/luxury-car-market-to-reach-733-2-bn-globally-by-2026-at-5-2-cagr-allied-market-research-301006445.html

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Luxury Car Market - Why Gasoline Vehicles Are Driving the Future of Luxury Cars? Tesla, Volkswagen, Daimler, Lexus, Infiniti, BMW, Volvo Car, Audi, Aston Martin Lagonda, Ferrari here

News-ID: 1971778 • Views: 550

More Releases from Allied Market Research

Flavored Whiskey Market 2020: Trends, Demand, Scope and Forecast to 2027
Flavored whiskey is an enhanced liquor for more youthful and female buyer base who has an inclination for smoother and unique complement in their beverage. With other soul offering, for example, beer, vodka, and rum, whiskey makers have likewise entered into flavored whiskey market by extending their product portfolio with flavored contributions. It is generally accepted because of its capacity to eliminate "off tastes" from the final product. Companies covered Diageo plc,
Dehydrated Food Market Current and Future Trends, Insight Growth and Forecast by …
Dehydrated food is the dried form of food by the process of dehydration. Dehydration enables the product to be preserved for a longer duration and this is the major factor that drives the global market for dehydrated food products. Advancement in technology has allowed the season fruits and vegetables to be consumed at any point in a year by dehydration and preserving for long time. Companies covered Nestle, Unilever, Mercer Foods, Kerry,
India Olive Oil Market Current and Future Demand by 2025 | Colavita S.p.A, Deole …
India Olive Oil Market by Type and Application: Opportunity Analysis and Industry Forecast, 2018 - 2025. The India olive oil market was worth $ 58.6 million in 2017 and is estimated to be growing at a CAGR of 9.9%, to reach $127.5 million by 2025. Olive oil is a liquid fat that is obtained from olives, a crop typically grown in the Mediterranean Basin. The oil is prepared by pressing whole
Food Preservatives Market Opportunities and Analysis to 2023 with Top Players Li …
Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023. The food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016. Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/2277 Preservatives are

All 5 Releases


More Releases for Luxury

Luxury Diaries & Organisers
ANTORINI Breath-taking diaries for 2017 We have discovered the most beautiful and stylish 2017 diaries for you. Enter the world of beautiful scheduling. The new collection of leather diaries for 2017 bears the signs of beauty and perfection. It combines the sense of practical scheduling and attractive timeless design. You can find diaries with gold plating, different shapes, colours and surfaces in the new exclusive collection of the prestigious ANTORINI brand. Diaries
New to Luxury
When it comes to luxury, people only think of luxury products or classy lifestyle. To get everything there is always a small bit to count. New to luxury is an online magazine dedicated to luxury approaching all the topics making life of luxury: health efforts, food style, art & design, high tech, shopping, simple tips and tricks to ease the life. Developing the spirit of the brand luxury in common man’s life.
Luxury Portfolio International™ Connects With Luxury Consumers
CHICAGO – (8/29/11) – As interest in the luxury real estate market continues to increase, Luxury Portfolio International™ is responding by showcasing their high end properties through international events and in venues around the world. Approaching the fall season, Luxury Portfolio International™ is hosting a series of member-facing Fall Workshops, first in Chicago followed by Providence, Rhode Island, September 6-7th. Network brokers, managers, marketing and relocation professionals from across
Gordon’s Luxury Tasting
Gordon’s Luxury Tasting Gordon’s Fine Wines & Liquors Hosts Annual Luxury Tasting with Horizon Beverages! Join Gordon’s Fine Wine & Liquors for their annual, luxury wine tasting with Horizon Beverages, the largest wine, beer and liquor distributor in New England, for a complimentary tasting of wines that you’ve always dreamed of drinking.
Luxury shower panel Aqvaplana
The AQVAPLANA shower panel, completely designed in solid marine Okumè type wood, takes a departure from the mainstream world of sanitary fixtures, which doesn't contemplate the use of wood in direct contact with water for an extended time. The perceptive intuition of creating a shower panel which makes use of wood, normally employed in the building of boats and further protecting it with special marine type varnishes, actually brings the
Luxury Jewelry That Impress...
Are what 1001 Mouse is all about, and our line of gift ideas includes "gift certificates" for those that are "difficult to buy for". Searching for Luxury Jewelry can be... Frustrating and Time Consuming... - Luxury Jewelry at http://jewelry.1001Mouse.com are the finest, most memorable and unique Luxury Jewelry found anywhere! Gift ideas of 14 Karat Luxury Jewelry are absolutely, positively, Luxury Jewelry is THE BEST gift imaginable for either men or