The global luxury car market size is calculated at USD 700.59 billion in 2024, grew to USD 749 billion in 2025 and is predicted to hit around USD 1,366.62 billion by 2034, expanding at a CAGR of 6.91% between 2024 and 2034. The Europe luxury car market size accounted for USD 280.24 billion in 2024 and is anticipated to grow at a fastest CAGR of 7.03% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
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
5.1. COVID-19 Landscape: Luxury Car 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
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
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
8.1. Luxury Car Market Revenue and Volume, By Vehicle Type, 2024-2034
8.1.1 Hatchback
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. Sedan
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. Sports Utility
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Luxury Car Market Revenue and Volume, By Propulsion Type, 2024-2034
9.1.1. Internal Combustion Engine (ICE)
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. Electric
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1. North America
10.1.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.1.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.1.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.1.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.2.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.2.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.2.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.2.5.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.2.6.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.3.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.3.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.3.5.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.3.6.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.4.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.4.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.4.5.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.4.6.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.5.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.5.3.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, By Vehicle Type (2021-2034)
10.5.4.2. Market Revenue and Volume Forecast, By Propulsion Type (2021-2034)
11.1. Mercedes-Benz Group AG
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. BMW Group
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Volkswagen
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Tesla
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. TOYOTA MOTOR CORPORATION (Lexus)
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Volvo Car Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Aston Martin
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
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