Global Luxury Cars Market Research 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

LONDON--(BUSINESS WIRE)--The luxury cars market is expected to grow by 66.67 thousand units, progressing at a CAGR of almost 7% during the forecast period.

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The rising demand for luxury SUVs is one of the major factors propelling market growth. However, factors such as the increase in tax on luxury cars will hamper the market growth.

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Luxury Cars Market: Product Landscape

Based on the product landscape, the executive luxury cars segment is expected to post significant growth during the forecast period

Luxury Cars Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 52% of the market’s overall growth is expected to originate from North America. Market growth in this region will be faster than the growth of the market in South America.

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Companies Covered:

• AB Volvo
• Aston Martin Lagonda Ltd.
• BMW AG
• BYD Company Ltd.
• Daimler AG
• JAGUAR LAND ROVER AUTOMOTIVE PLC
• Renault SA
• Tesla Inc.
• Toyota Motor Corp.
• Volkswagen AG

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Executive luxury cars - Market size and forecast 2019-2024
• Super luxury cars - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AB Volvo
• Aston Martin Lagonda Ltd.
• BMW AG
• BYD Co. Ltd.
• Daimler AG
• JAGUAR LAND ROVER AUTOMOTIVE Plc
• Renault SA
• Tesla Inc.
• Toyota Motor Corp.
• Volkswagen AG

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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