Press release
Evolving Technology : Luxury Car Coachbuilding Market Globally Grow at a CAGR of 7.41% by 2021
A luxury car is a vehicle, which provides features that are pleasant and desirable beyond those that are strictly necessary. It offers high-quality equipment and components, superior performance, precise construction, high level of design and comfort and features that give the car a distinct image, brand, status, prestige or any other similar characteristic or a combination of them. A coachbuilder in the automotive industry is the manufacturer of a vehicle body. The body of the vehicle including its interior is known as coachwork. This term is usually used for vehicles, which are built on separate chassis (body on frame construction) rather than vehicles, which are unibody or comprise a monocoque chassis.
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Technavios analysts forecast the global luxury car coachbuilding market to grow at a CAGR of 7.41% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global luxury car coachbuilding market for 2017-2021. To calculate the market size, the report considers the sales value of the luxury cars, which are coach-built across the world.
The market is divided into the following segments based on geography:
Europe
North America
ROW
Technavio's report, Global Luxury Car Coachbuilding Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Carrozzeria Touring Superleggera
Italdesign Giugiaro
Pininfarina
Zagato Milano
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Other prominent vendors
Carrosserie Akkermans
Motorima
Moal Coachbuilders
Carrozerria Castagna
Fioravanti
Carlsson Fahrzeugtechnik GmbH
Ken Okuyama Cars
TRASCO Bremen GmbH
N2A Motors
Mitsuoka Motors
Market driver
Traditional coachbuilders benefitted from foreign direct investments
For a full, detailed list, view our report
Market challenge
Shrinking profitability in coachbuilding
For a full, detailed list, view our report
Market trend
Move toward hi-tech and elegant environment-friendly cars
For a full, detailed list, view our report
Browse Report @ http://www.researchmoz.us/global-luxury-car-coachbuilding-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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