Global Luxury Vehicles Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

Luxury vehicles is the vehicle of luxury brands, like Mercedes-Bens, Audi, BMW, Volvo, Lexus and so on.
The three German players BMW, Audi and Mercedes-Benz account for approximately 70% share of the global luxury car market. Mercedes-Benz is the global leader in the luxury car segment, followed by BMW and Audi. World over while mass automobile manufacturers are struggling with margins, high end manufacturers are enjoying steadily increasing sales.
In the United States luxury car market, over the past few years, it is the crossovers and SUVs, which have been experiencing growth in sales. In 2016, the two leading players in the market, Mercedes-Benz and Lexus did not see any of its non-SUV models experience growth in sales. Demand for luxury cars in Europe had been at a low for nearly two decades and started recovering gradually from 2014. Even though challenging economic conditions still prevail in many European markets, players such as BMW have been able to maintain volumes of their higher end models. In 2017, the luxury car segment in China is seeing strong growth. The millionaires in China increased by 10% in 2016 year-on-year. Despite the government's austerity drive, sales of super-luxury and supercar sales have not slowed down in China.
In terms of vehicle type, SUVs contributed most in the growth of global luxury vehicle market, with average growth rate of 14% during last five year. Super sport car, usually cost for over $150 thousand, also will witness the very high fast growth rate in the next 6 year, even though, only occupy less than 1% market share in 2016.

Market Analysis and Insights: Global Luxury Vehicles Market
In 2019, the global Luxury Vehicles market size was US$ 479600 million and it is expected to reach US$ 734140 million by the end of 2026, with a CAGR of 6.2% during 2021-2026.
Global Luxury Vehicles Scope and Market Size
Luxury Vehicles market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Luxury Vehicles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Luxury Vehicles market is segmented into
Compact Car
Mid-size Car
Full-size Car
Larger Car
SUV/Crossover
Super Sport Car

Segment by Application, the Luxury Vehicles market is segmented into
Financing/Loan
Cash Payment
Leasing

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Luxury Vehicles Market Share Analysis
Luxury Vehicles market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Luxury Vehicles product introduction, recent developments, Luxury Vehicles sales by region, type, application and by sales channel.

The major companies include:
Mercedes Benz
BMW
Audi
Lexus
Volvo
Land Rover
MINI
Cadillac
Porsche
Infiniti
Acura
Jaguar
Smart
Lincoln
Tesla
Maserati
Bentley
Ferrari
Rolls-Royce
Lamborghini
McLaren
Aston Martin