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Global Luxury Vehicle Market 2025-2029

Publisher TechNavio
Published Jun 21, 2025
Length 226 Pages
SKU # INF20160210

Description

Luxury Vehicle Market 2025-2029

The luxury vehicle market is forecasted to grow by USD 217 bn during 2024-2029, accelerating at a CAGR of 6.7% during the forecast period. The report on the luxury vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising affluence and expanding high-net-worth demographics, demand for advanced technology, and ultra-personalization and bespoke offerings.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's luxury vehicle market is segmented as below:

By Type
  • ICE
  • Electric
  • Hybrid
By Vehicle Type
  • Passenger cars
  • Commercial vehicles
By Variant
  • Non-autonomous
  • Autonomous
By Geographical Landscape
  • Europe
  • APAC
  • North America
  • Middle East and Africa
  • South America
This study identifies the autonomous and ai-driven luxury experiences as one of the prime reasons driving the luxury vehicle market growth during the next few years. Also, accelerated electrification and beyond-ev innovation and shift toward sustainability will lead to sizable demand in the market.

The report on the luxury vehicle market covers the following areas:
  • Luxury Vehicle Market sizing
  • Luxury Vehicle Market forecast
  • Luxury Vehicle Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury vehicle market vendors that include Aston Martin Lagonda ltd, Bayerische Motoren Werke AG, BYD Co. Ltd., China FAW Group Co. Ltd., Dongfeng Motor Corporation Ltd, Ferrari NV, General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Lucid Group Inc., McLaren Group Ltd., Mercedes Benz Group AG, Nissan Motor Co. Ltd., Rivian Automotive LLC, SAIC Motor Corp. Ltd., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., Volkswagen AG, and Volvo Car Corp.. Also, the luxury vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

226 Pages
    • Market overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
    • Global Luxury Vehicle Market 2019 - 2023
    • Type segment analysis 2019 - 2023
    • Vehicle Type segment analysis 2019 - 2023
    • Variant segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
    • Impact Analysis of U.S. Tariffs on Global Luxury Vehicle Market
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Type
    • ICE - Market size and forecast 2024-2029
    • Electric - Market size and forecast 2024-2029
    • Hybrid - Market size and forecast 2024-2029
    • Market opportunity by Type
    • Market segments
    • Comparison by Vehicle Type
    • Passenger cars - Market size and forecast 2024-2029
    • Commercial vehicles - Market size and forecast 2024-2029
    • Market opportunity by Vehicle Type
    • Market segments
    • Comparison by Variant
    • Non-autonomous - Market size and forecast 2024-2029
    • Autonomous - Market size and forecast 2024-2029
    • Market opportunity by Variant
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2024-2029
    • APAC - Market size and forecast 2024-2029
    • North America - Market size and forecast 2024-2029
    • Middle East and Africa - Market size and forecast 2024-2029
    • South America - Market size and forecast 2024-2029
    • US - Market size and forecast 2024-2029
    • China - Market size and forecast 2024-2029
    • Germany - Market size and forecast 2024-2029
    • UK - Market size and forecast 2024-2029
    • Japan - Market size and forecast 2024-2029
    • Canada - Market size and forecast 2024-2029
    • France - Market size and forecast 2024-2029
    • India - Market size and forecast 2024-2029
    • South Korea - Market size and forecast 2024-2029
    • Brazil - Market size and forecast 2024-2029
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Aston Martin Lagonda ltd
    • Bayerische Motoren Werke AG
    • China FAW Group Co. Ltd.
    • Dongfeng Motor Corporation Ltd
    • Ferrari NV
    • General Motors Co.
    • Honda Motor Co. Ltd.
    • Hyundai Motor Co.
    • Mercedes Benz Group AG
    • Nissan Motor Co. Ltd.
    • Tata Motors Ltd.
    • Tesla Inc.
    • Toyota Motor Corp.
    • Volkswagen AG
    • Volvo Car Corp.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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