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Luxury Vehicles Market Report, Size, Share, Industry Analysis | Valuates Reports
In 2020, the global Luxury Vehicles market size was USD 511720 Million and it is expected to reach USD 779660 Million by the end of 2027, with a CAGR of 6.2% during 2021-2027.The major factor driving the growth of the luxury vehicles market are:
Increasing disposable incomes of consumers have been propelling the luxury vehicles market.
The growing trend of vehicle electrification is expected to provide lucrative growth opportunities for the luxury vehicles market.
View Full Report: https://reports.valuates.com/reports/QYRE-Auto-39P389/global-luxury-vehicles
LUXURY VEHICLES MARKET SHARE ANALYSIS
Luxury SUVs are expected to witness rapid growth during the forecast period. The sales of luxury SUVs is increasing as the buyers are shifting their focus on luxury SUV from Luxury Sedans and Luxury Hatchbacks.
Based on region, Europe is the largest market, with a market share of 50%.
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TOP COMPANIES IN THE LUXURY VEHICLES MARKET
Global Luxury Vehicles' main players are Mercedes Benz, BMW, Audi, Land Rover, Porsche, etc. Global top five manufacturers hold a share over 60%.
Key Companies
• Lexus
• Volvo
• MINI
• Cadillac
• Infiniti
• Acura
• Jaguar
• Smart
• Lincoln
• Tesla
• Maserati
• Bentley
• Ferrari
• Rolls-Royce
• Lamborghini
• McLaren
• Aston Martin.
LUXURY VEHICLES MARKET SEGMENTATION
By Type
• Compact Car
• Mid-size Car
• Full-size Car
• Larger Car
• SUV/Crossover
• Super Sport Car.
By Application
• Financing/Loan
• Cash Payment
• Leasing.
Inquire for Customized Report: https://reports.valuates.com/request/customisation/QYRE-Auto-39P389/Global_Luxury_Vehicles_Market
Similar Reports:
1. Luxury Cars Market: https://reports.valuates.com/market-reports/QYRE-Auto-15Q4435/global-luxury-cars-sales
2. Luxury Sedans Market: https://reports.valuates.com/market-reports/QYRE-Auto-18G4936/global-luxury-sedans-sales
3. Luxury EV market: https://reports.valuates.com/market-reports/QYRE-Auto-1Q6758/global-luxury-electric-vehicle-sales
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