Luxury Vehicles Market, 2020 Global Forecast and Analysis Report

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    25-Jun-2015

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Luxury vehicle is a term used for the vehicles that provide luxury (pleasant or desirable features beyond necessity) at premium price. It can also be referred as the vehicle with features such as, higher quality equipment, better performance, more precise construction, comfort, higher design and technologically innovative with features that convey an image, brand, status or prestige for the individual in the society. Luxury vehicles provide high degree of comfort than other vehicles. Major contents of these cars are genuine leather upholstery and polished "wood grain-look" dashboards.

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  • 1. Luxury Vehicles Market - Global Industry AAnnaallyyssiiss

2. Luxury Vehicles Market - Global IndustryLuxury vehicle is a term used for the vehicles that provide luxury (pleasant ordesirable features beyond necessity) at premium price. It can also be referred as thevehicle with features such as, higher quality equipment, better performance, moreprecise construction, comfort, higher design and technologically innovative withfeatures that convey an image, brand, status or prestige for the individual in thesociety. Luxury vehicles provide high degree of comfort than other vehicles. Majorcontents of these cars are genuine leather upholstery and polished "wood grain-look"dashboards. 3. Luxury vehicles market may be classified into different forms such as sedan, coupe,hatchback, station wagon, minivans, crossovers, sport utility vehicles and convertiblebody styles. . In every era of automobile history, there is a group of car models that areexpensive to purchase, due to their alleged superiority of design and engineering. Asthese models targeted the wealthy customers these are termed as luxury cars.Automobile manufacturers provide different models that are targeted at particular socio-economicclasses according to their income and standard of living in the society.Countries such as China, Japan, the U.S., Canada, India and European countries are themajor markets for the luxury vehicles. Increasing disposable income is the major driverfor the luxury vehicle globally. Additionally, various loan schemes launched by theautomobile manufacturers and the financial institutions have made it easy for thecustomer to buy luxury vehicles to maintain their status in the society. This may providegrowth opportunity for the luxury vehicle especially in the developing nations. 4. Luxury Vehicles Market - Global IndustryRising fuel price can act as restraints for the global luxury vehicle market especially inthe developing countries such as India. According to Statista (Statistics Company)average prices for crude oil increased from USD 77.38 per barrel in 2010 to USD105.87 per barrel in 2013.Luxury vehicle manufacturers may be either stand-alone companies, such as BMWand Mercedes, or division or subsidiary of a mass market automaker (Lexus part ofToyota). Some of the major brands operating in this market are BMW, Mercedes-Benz, Rolls-Royce, Jaguar, Audi, Bentley, Lamborghini, Volvo, Ferrari, Land Rover,Lexus and Cadillac. 5. Request for Complete Report with TOCKey points covered in the report:-1. Report segments the market on the basis of types, application, products,technology, etc (as applicable)2. The report covers geographic segmentation North America Europe Asia RoW3. The report provides the market size and forecast for the different segments andgeographies for the period of 2010 to 20204. The report provides company profiles of some of the leading companies operatingin the market5. The report also provides porters five forces analysis of the market. 6. Contact UsAddie Thomes305 Broadway,7th Floor,New York City, NY 10007,United States.Phone: +1-646-568-7751USA/Canada Toll Free Number.1-800-961-0353E-mail: Sales@persistencemarketresearch.comWeb: http://www.persistencemarketresearch.com 7. Contact UsAddie Thomes305 Broadway,7th Floor,New York City, NY 10007,United States.Phone: +1-646-568-7751USA/Canada Toll Free Number.1-800-961-0353E-mail: Sales@persistencemarketresearch.comWeb: http://www.persistencemarketresearch.com

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