List of Contents

Luxury Electric Vehicles Market Size, Share, and Trends 2024 to 2034

The global luxury electric vehicles market size accounted for USD 223.05 billion in 2024, grew to USD 263.25 billion in 2025 and is expected to be worth around USD 1,169.41 billion by 2034, registering a CAGR of 18.02% between 2024 and 2034. The Asia Pacific luxury electric vehicles market size is calculated at USD 136.06 billion in 2024 and is estimated to grow at a CAGR of 18.12% during the forecast period.

  • Last Updated : October 2024
  • Report Code : 3006
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Luxury Electric Vehicles Market 

5.1. COVID-19 Landscape: Luxury Electric Vehicles Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Luxury Electric Vehicles Market, By Propulsion Type

8.1. Luxury Electric Vehicles Market Revenue and Volume, by Propulsion Type, 2024-2034

8.1.1. BEV

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. PHEV

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. FCEV

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Luxury Electric Vehicles Market, By Vehicle Type

9.1. Luxury Electric Vehicles Market Revenue and Volume, by Vehicle Type, 2024-2034

9.1.1. Cars

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Buses

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Vans

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Trucks

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Luxury Electric Vehicles Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

Chapter 11. Company Profiles

11.1. Tesla, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BYD Auto Co., Ltd.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Volkswagen AG

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. BMW AG

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. AB Volvo

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. AB Volvo

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Ford Motor Company

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Hyundai Motor Company

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Toyota Motor Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Kia Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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