Luxury Car Market Size, Trends & Growth Opportunity By Fuel Type (Diesel, and Gasoline), By Drive Type (IC Engine, and Electric), By Vehicle Type (Hatchback, Sedan, and Sports Utility Vehicle (SUV)), By Region and Forecast till 2027
Report ID : QR100199 | Industries : Automotive and Transportation | Published On :March 2021 | Page Count : 245Global Luxury Car Market
Global Luxury car Market was valued at USD 493.7 billion in 2018 which is expected to reach USD 735 .2 billion at a CAGR 4.8%.
Luxury cars are also referred as passenger vehicles, which are intended to provide passengers with smart and advanced features such as enhanced comfort, higher level of equipment, and high quality. Luxury cars are classified into various types such as Hatchback, Sedan, and Sports Utility Vehicle (SUV).In addition to that, these cars provides features like entertainment systems, integrated seat massagers, and automatic safety features.
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Market Drivers
Increase in demand for luxury vehicles and demand for comfortable driving experience is expected to propel the global luxury car market growth. Furthermore, increase in disposable income of consumers will have the positive impact on growth of luxury cars market across the globe. Moreover, these cars offers a high level of safety and comfort feature which is expected to fuel the luxury cars market growth, in near future. Also, increase in demand for luxury cars in developing country is anticipated to drive the global luxury cars market growth, during this forecast period. Luxury cars are manufactured by using latest technology and innovations, best material, and powerful engine is expected to boost the market growth.
Market Restraints
However, high cost of luxury car due to its luxurious features, superior quality part, and expensive material used for manufacturing luxury car is expected to hamper the global luxury car market growth.
Market Segmentation
Global Luxury car Market is segmented into fuel type such as Diesel, and Gasoline, by drive type such as IC Engine, and Electric. Further, Global Luxury car Market is segmented into vehicle type such as Hatchback, Sedan, and Sports Utility Vehicle (SUV).
Also, Global Luxury car Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Tata motor Limited, Volkswagen Group, Bayerrische Motoren Werke AG, Daimler AG, Lexus, Infiniti, BMW AG, Audi AG, Aston Martin Lagonda, Tesla, and Ferrari N.V.
Market Taxonomy By Fuel Type Diesel Gasoline By Drive Type IC Engine Electric By Vehicle Type Hatchback Sedan Sports Utility Vehicle (SUV) By Region North America Latin America Europe Asia Pacific Middles East & Africa Key Questions Addressed by the Report What are the Key Opportunities in Luxury Car Market? What will be the growth rate from 2019 to 2027? Which segment/region will have highest growth? What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry? What is the role of key players in the value chain? What are the strategies adopted by key players?
Global Luxury Car Market
1. Executive Summary
1.1. Market Taxonomy
2. Global Luxury Car Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Luxury Car Market Snapshot
5. Global Luxury Car Market Analysis, By Fuel Type
5.1. Y-o-Y Growth Comparison, By Fuel Type
5.2. Global Luxury Car Market Share Analysis, By Fuel Type
5.3. Global Luxury Car Market Size and Forecast, By Fuel Type
5.3.1 Diesel
5.3.2 Gasoline
6. Global Luxury Car Market Analysis, By Drive Type
6.1. Y-o-Y Growth Comparison, By Drive Type
6.2. Global Luxury Car Market Share Analysis, By Drive Type
6.3. Global Luxury Car Market Size and Forecast, By Drive Type
6.3.1 IC Engine
6.3.2 Electric
7. Global Luxury Car Market Analysis, By Vehicle Type
7.1. Y-o-Y Growth Comparison, By Vehicle Type
7.2. Global Luxury Car Market Share Analysis, By Vehicle Type
7.3. Global Luxury Car Market Size and Forecast, By Vehicle Type
7.3.1 Hatchback
7.3.2 Sedan
7.3.3 Sports Utility Vehicle (SUV)
8. Global Luxury Car Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Luxury Car Market Share Analysis, By Region
9. North America Luxury Car Market Analysis and Forecast (2017-2027)
9.1 Introduction
9.2 North America Luxury Car Market Analysis, By Fuel Type
9.3 North America Luxury Car Market Analysis, By Drive Type
9.4 North America Luxury Car Market Analysis, By Vehicle Type
9.5 North America Luxury Car Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Luxury Car Market Analysis and Forecast (2017-2027)
10.1 Introduction
10.2 Europe Luxury Car Market Analysis, By Fuel Type
10.3 Europe Luxury Car Market Analysis, By Drive Type
10.4 Europe Luxury Car Market Analysis, By Vehicle Type
10.5 Europe Luxury Car Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Luxury Car Market Analysis and Forecast (2017-2027)
11.1 Introduction
11.2 Asia Pacific Luxury Car Market Analysis, By Fuel Type
11.3Asia Pacific Luxury Car Market Analysis, By Drive Type
11.3Asia Pacific Luxury Car Market Analysis, By Vehicle Type
11.4 Asia Pacific Luxury Car Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Luxury Car Market Analysis and Forecast (2017-2027)
12.1 Introduction
12.2 Latin America Luxury Car Market Analysis, By Fuel Type
12.3Latin America Luxury Car Market Analysis, By Drive Type
12.4Latin America Luxury Car Market Analysis, By Vehicle Type
13. Middle East & Africa Luxury Car Market Analysis and Forecast (2017-2027)
13.1 Introduction
13.2 Middle East & Africa Luxury Car Market Analysis, By Fuel Type
13.3Middle East & Africa Luxury Car Market Analysis, By Drive Type
13.4Middle East & Africa Luxury Car Market Analysis, By Vehicle Type
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Tata motor Limited
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Volkswagen Group
15.3 Bayerrische Motoren Werke AG
15.4 Daimler AG
15.5 Lexus
15.6 Infiniti
15.7 BMW AG
15.8 Audi AG
15.9 Aston Martin Lagonda
15.10 Tesla
15.11 Ferrari N.V.