Deerfield Beach, FL -- (SBWIRE) -- 09/03/2015 -- Global Luxury Vehicle Market to grow at a CAGR of 3.38% over the period 2014-2019. Luxury vehicles are high-end vehicles offering more comfort and safety than traditional vehicles. They have several security technologies and comfort amenities such as electronic stability control, DVD entertainment system, anti-lock brakes, massaging seats, active seat bolster, and remote start. These vehicles offer higher performance and better handling than their traditional counterparts. Luxury vehicles are also considered as a status symbol for conspicuous consumption.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Luxury Vehicle market for the period 2015-2019. To calculate the market size, the report considers the unit shipment of luxury cars worldwide.
Global Luxury Vehicle Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Western Europe, the APAC region, North America, and the ROW; it also covers the Global Luxury Vehicle market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors:
BMW
Daimler
Tata Motors
Volkswagen
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Other Prominent Vendors:
Aston Martin Lagonda
Bentley
Ferrari
General Motors
Honda Motors
Hyundai Motors
Lexus
Maserati
Nissan Motors
Volvo Group
Market Driver:
Increased Disposable Income
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Market Challenge:
Slow Growth of Infrastructure
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Market Trend:
Smart Vehicles on Smart Roads
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