Luxury Cars World Market Research Report: A Clear Picture of Industry Dynamics and Forecast by 2033″
Market Overview The luxury car market is one of the most lucrative markets in the automotive industry. In 2018, global luxury car sales rose to over 14 million units, and are expected to grow by an estimated 3-4% annually for the foreseeable future. This growth is primarily driven by a steadily increasing demand from affluent consumers in North America, Europe, China and other parts of Asia. In terms of segmentation, the market can be divided into four categories: sports cars, sedans/coupes, crossover SUVs (CUVs) and luxury cars with traditional body styles. Sports cars account for a significant portion of total…
- Date: January 18, 2023
- Author: Thomas Bretz
- Category: Taiwan News