Pre & Post COVID-19 Market Estimates-Luxury Vehicle Market 2019-2023 | Adoption of Luxury Vans and Buses to Boost Growth | Technavio
Technavio has been monitoring the luxury vehicle market and it is poised to grow by 7,981.18 thousand units during 2019-2023, progressing at a CAGR of about 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Luxury Vehicle Market 2019-2023 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. BMW AG, Daimler AG, Jaguar Land Rover Automotive plc, Volkswagen AG, and Volvo Car Corporation are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Adoption of luxury vans and buses has been instrumental in driving the growth of the market.
Luxury Vehicle Market 2019-2023 : Segmentation
Luxury vehicle market is segmented as below:
-
Type
- Passenger Cars
- Commercial Vehicles
-
Geographic Landscapes
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30854
Luxury Vehicle Market 2019-2023 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our luxury vehicle market report covers the following areas:
- Luxury Vehicle Market Size
- Luxury Vehicle Market Trends
- Luxury Vehicle Market Industry Analysis
This study identifies rapid development of electrified luxury vehicles as one of the prime reasons driving the luxury vehicle market growth during the next few years.
Luxury Vehicle Market 2019-2023 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the luxury vehicle market, including some of the vendors such as BMW AG, Daimler AG, Jaguar Land Rover Automotive plc, Volkswagen AG, and Volvo Car Corporation. Backed with competitive intelligence and benchmarking, our research reports on the luxury vehicle market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Luxury Vehicle Market 2019-2023 : Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist luxury vehicle market growth during the next five years
- Estimation of the luxury vehicle market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the luxury vehicle market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of luxury vehicle market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Passenger cars - Market size and forecast 2018-2023
- Commercial vehicles - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Rapid development of electrified luxury vehicles
- Introduction of new luxury vehicle segments by manufacturers
- Increase in popularity of coach-built luxury vehicles
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BMW AG
- Daimler AG
- Jaguar Land Rover Automotive plc,
- Volkswagen AG
- Volvo Car Corporation
PART 13: APPENDIX
- Research methodology
- List of abbreviations
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200422005507/en/