HTF MI added a new research study in its database with title ‘Global Luxury Automotive Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’ that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Latin America, Europe, Asia-Pacific, Middle East & Africa, Rest of World and important players/vendors such as Rolls-Royce (United Kingdom), Pagani (Italy), Bugatti (France) etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2019-2025.
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Global Luxury Automotive Market Overview:
Luxury Automotive is a term used for the vehicles that provide luxury at premium cost. The luxury automotive includes various features including better performance, higher quality equipment, more precise construction, comfort, higher design and technologically innovative with features that convey an brand, image, status or prestige for the individual in the society. Luxury Automotive provide high degree of comfort than other vehicles. The growing trend of electric luxury Automotive all over the regions is increasing the demand for luxury Automotive. With the growing environmental concerns, the governments, and environmental associations across the world are tightening the emission norms. As a result, major luxury automotive manufacturers are launching electric variants of their automotive, which is projected to accelerate the growth of the global luxury automotive market over the forecast period. Some of the key players profiled in the study are Lamborghini (Italy), Maserati (Italy), Rolls-Royce (United Kingdom), Pagani (Italy), Bugatti (France), Ferrari (Italy), Porsche (Germany), Bentley (United Kingdom), BMW (Germany), Mercedes-Benz (Germany), Maybach (Germany), Spyker Cars (Netherlands) and Aston Martin (United Kingdom).
On the basis of geography, the market of Luxury Automotive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Drive Type, the sub-segment i.e. IC Engine will boost the Luxury Automotive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
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Increasing Demand for Luxury SUVs and Sedan in Both Developed and Developing Economies
Adoption of the Autonomous Driving Facility in Automotive
Growing Demand for Luxury Vehicles from Young Population
Surging Technological Updates in Luxury Automotive to Beat Competition
Demand For Electric Luxury Car Models
Integration of Infotainment Systems with the Ambient Lighting Systems
Rising Preference for Top Variants of Budget Automotive Brands
Requirement of Improved Automotive Care Service Centers
Increasing Need of Technologically Advanced and Eco-Friendly Luxury Automotive
Strong Alliance to Provide Unique Customer Offering
Hike in Crude Oil Prices
Mutual Interference between LiDAR Scanner
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Research and Development (R&D) Companies, Government Research Laboratories, Independent Research Laboratories, Government and Independent Regulatory Authorities, Market Research and Consulting Service Providers, Academic Institutes and Universities and Others
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Luxury Automotive market on the basis of product [Compact Luxury Vehicles, Mid-size Luxury Vehicles, Full-size Luxury Vehicles, Luxury Crossovers & Minivans and Luxury SUVs] , application [Car Sharing, Personal Mobility and Others], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Luxury Automotive market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Luxury Automotive industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Infiniti (Hong Kong), Honda Motors (Japan) and Aston Martin Lagonda Global Holdings plc (United Kingdom).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Luxury Automotive market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Have a look at some extracts from Table of Content
Introduction about Global Luxury Automotive
Global Luxury Automotive Market Size (Sales) Market Share by Type (Product Category) in 2018
Luxury Automotive Market by Application/End Users
Global Luxury Automotive Sales (Volume) and Market Share Comparison by Applications
(2013-2025) table defined for each application/end-users like [Car Sharing, Personal Mobility, Others]
Global Luxury Automotive Sales and Growth Rate (2014-2025)
Luxury Automotive Competition by Players/Suppliers, Region, Type and Application
Luxury Automotive (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Luxury Automotive Players/Suppliers Profiles and Sales Data
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers
Market Sales, Revenue, Price and Gross Margin (2014-2018) table for each product type which include Compact Luxury Vehicles, Mid-size Luxury Vehicles, Full-size Luxury Vehicles, Luxury Crossovers & Minivans, Luxury SUVs
Luxury Automotive Manufacturing Cost Analysis
Luxury Automotive Key Raw Materials Analysis
Luxury Automotive Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2019-2025)
……..and more in complete table of Contents
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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