The global luxury car market size is calculated at 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 2025 and 2034. The Europe luxury car market size accounted for USD 299.60 billion in 2025 and is anticipated to grow at a fastest CAGR of 7.03% during the forecast year. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base 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
8.1.1 Hatchback
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Sedan
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Sports Utility
8.1.3.1. Market Revenue and Volume Forecast
9.1. Luxury Car Market Revenue and Volume, By Propulsion Type
9.1.1. Internal Combustion Engine (ICE)
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Electric
9.1.2.1. Market Revenue and Volume Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, By Vehicle Type
10.1.2. Market Revenue and Volume Forecast, By Propulsion Type
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.1.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.1.4.2. Market Revenue and Volume Forecast, By Propulsion Type
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, By Vehicle Type
10.2.2. Market Revenue and Volume Forecast, By Propulsion Type
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.2.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.2.4.2. Market Revenue and Volume Forecast, By Propulsion Type
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, By Vehicle Type
10.2.5.2. Market Revenue and Volume Forecast, By Propulsion Type
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, By Vehicle Type
10.2.6.2. Market Revenue and Volume Forecast, By Propulsion Type
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.3.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.3.4.2. Market Revenue and Volume Forecast, By Propulsion Type
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, By Vehicle Type
10.3.5.2. Market Revenue and Volume Forecast, By Propulsion Type
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, By Vehicle Type
10.3.6.2. Market Revenue and Volume Forecast, By Propulsion Type
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.4.2. Market Revenue and Volume Forecast, By Propulsion Type
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.4.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.4.4.2. Market Revenue and Volume Forecast, By Propulsion Type
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, By Vehicle Type
10.4.5.2. Market Revenue and Volume Forecast, By Propulsion Type
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, By Vehicle Type
10.4.6.2. Market Revenue and Volume Forecast, By Propulsion Type
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, By Vehicle Type
10.5.2. Market Revenue and Volume Forecast, By Propulsion Type
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, By Vehicle Type
10.5.3.2. Market Revenue and Volume Forecast, By Propulsion Type
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, By Vehicle Type
10.5.4.2. Market Revenue and Volume Forecast, By Propulsion Type
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
For questions or customization requests, please reach out to us at sales@precedenceresearch.com
Plan your call and get expert insights!
Schedule a Meeting
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
Get a Sample
Report Description
Get a Sample
Report Description