luxury car leasing market is expected to reach USD 39.25 billion by 2027 witnessing market growth at a rate of 12.8% in the forecast period of 2020 to 2027. Luxury vehicles refer to those vehicles which provide unmatched levels of comfort and overall quality and performance. These vehicles consist of top-end features which may not be used as a necessity but are there for trying out as a luxury.
They have extraordinary lavish interior, in-vehicle infotainment systems and a robust security system consisting of the latest technologies. Leasing out luxury cars such as Ferrari, BMW and Bentley among others are on the rise since buying a luxury car is expensive not to mention its enormous maintenance costs.
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Key Market Competitors: Luxury Car Leasing Market
The major players covered in the luxury car leasing market report are Enterprise, Hertz, Avis Budget, Sixt, Europcar, Localiza, CAR Inc., Movida, Unidas, Goldcar, eHi Car Services and Fox Rent A Car among other domestic and global players.
Segmentation: Global Luxury Car Leasing Market
- On the basis of type, the luxury car leasing market has been segmented as compact luxury cars, mid-size luxury cars, full-size luxury cars, luxury crossovers & minivans and luxury SUVs.
- On the basis of end user, the luxury car leasing market has been segmented as local usage, airport transport, outstation and others (including self-drive, event transportation and employee transportation solutions).
- Luxury car leasing market has also been segmented on the basis of booking mode into online and offline.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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