Global Luxury Vehicle Market Growth 2025-2031

Global Luxury Vehicle Market Growth 2025-2031

The global Luxury Vehicle market size is predicted to grow from US$ 565940 million in 2025 to US$ 684310 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

Luxury vehicles is the vehicle of luxury brands, like Mercedes-Bens, Audi, BMW, Volvo, Lexus and so on.

Global Luxury Vehicles main players are Mercedes Benz, BMW, Audi, Land Rover, Porsche, etc. Global top five manufacturers hold a share over 60%. Europe is the largest market, with a share nearly 55%.

LP Information, Inc. (LPI) ' newest research report, the “Luxury Vehicle Industry Forecast” looks at past sales and reviews total world Luxury Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Luxury Vehicle sales for 2025 through 2031. With Luxury Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Luxury Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luxury Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Luxury Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Compact Luxury Cars
Mid-size Luxury Cars
Full-size Luxury Cars
Luxury Crossovers & Minivans
Luxury SUVs

Segmentation by Application:
General Use
Collection

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BWN
Mercedes-Benz
Lexus
Jaguar Land Rover
Porsche
Ferrari
Maserati
Audi
Daimler
Bentley
Volvo Group
Aston Martin Lagonda
General Motors
Nissan Motors
Volkswagen
Tata Motors
Hyundai Motors
Honda Motors

Key Questions Addressed in this Report

What is the 10-year outlook for the global Luxury Vehicle market?

What factors are driving Luxury Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Luxury Vehicle market opportunities vary by end market size?

How does Luxury Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.