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PUBLISHER: TechNavio | PRODUCT CODE: 1450078

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PUBLISHER: TechNavio | PRODUCT CODE: 1450078

Global Luxury SUV Market 2024-2028

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PAGES: 175 Pages
DELIVERY TIME: 1-2 business days
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The luxury SUV market is forecasted to grow by USD 33.01 bn during 2023-2028, accelerating at a CAGR of 11.42% during the forecast period. The report on the luxury SUV 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 increased preference for safety and comfort driving sales of luxury SUVs, rise in HNWI population preferring luxury SUVs, and rising preference for SUV model vehicles.

Technavio's luxury SUV market is segmented as below:

Market Scope
Base Year2024
End Year2028
Series Year2024-2028
Growth MomentumAccelerate
YOY 202410.69%
CAGR11.42%
Incremental Value$33.01bn

By Application

  • Individual
  • Commercial

By Type

  • Mid-size luxury SUVs
  • Full-size luxury SUVs

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa

This study identifies the rapid development of electric luxury vehicles as one of the prime reasons driving the luxury SUV market growth during the next few years. Also, introduction of new luxury vehicle segments by manufacturers and increased technological updates within luxury SUVs to beat the competition will lead to sizable demand in the market.

The report on the luxury SUV market covers the following areas:

  • Luxury SUV market sizing
  • Luxury SUV market forecast
  • Luxury SUV 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 SUV market vendors that include AB Volvo, Bayerische Motoren Werke AG, China FAW Group Co. Ltd., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mazda Motor Corp., Mercedes Benz Group AG, Mitsubishi Corp., Nissan Motor Co. Ltd., Porsche Automobil Holding SE, Renault SAS, Tesla Inc., Toyota Motor Corp., SAIC Motor Corp. Ltd., Stellantis NV, Tata Motors Ltd., BYD Co. Ltd., and Ford Motor Co.. Also, the luxury SUV 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 research - both primary and secondary. 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 the accurate market growth.

Product Code: IRTNTR43718

Table of Contents

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition
  • 3.2 Market segment analysis
  • 3.3 Market size 2023
  • 3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

  • 4.1 Global luxury SUV market 2018 - 2022
  • 4.2 Application Segment Analysis 2018 - 2022
  • 4.3 Type Segment Analysis 2018 - 2022
  • 4.4 Geography Segment Analysis 2018 - 2022
  • 4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

  • 5.1 Five forces summary
  • 5.2 Bargaining power of buyers
  • 5.3 Bargaining power of suppliers
  • 5.4 Threat of new entrants
  • 5.5 Threat of substitutes
  • 5.6 Threat of rivalry
  • 5.7 Market condition

6 Market Segmentation by Application

  • 6.1 Market segments
  • 6.2 Comparison by Application
  • 6.3 Individual - Market size and forecast 2023-2028
  • 6.4 Commercial - Market size and forecast 2023-2028
  • 6.5 Market opportunity by Application

7 Market Segmentation by Type

  • 7.1 Market segments
  • 7.2 Comparison by Type
  • 7.3 Mid-size luxury SUVs - Market size and forecast 2023-2028
  • 7.4 Full-size luxury SUVs - Market size and forecast 2023-2028
  • 7.5 Market opportunity by Type

8 Customer Landscape

  • 8.1 Customer landscape overview

9 Geographic Landscape

  • 9.1 Geographic segmentation
  • 9.2 Geographic comparison
  • 9.3 North America - Market size and forecast 2023-2028
  • 9.4 APAC - Market size and forecast 2023-2028
  • 9.5 Europe - Market size and forecast 2023-2028
  • 9.6 South America - Market size and forecast 2023-2028
  • 9.7 Middle East and Africa - Market size and forecast 2023-2028
  • 9.8 US - Market size and forecast 2023-2028
  • 9.9 China - Market size and forecast 2023-2028
  • 9.10 Germany - Market size and forecast 2023-2028
  • 9.11 Canada - Market size and forecast 2023-2028
  • 9.12 UK - Market size and forecast 2023-2028
  • 9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
  • 11.3 Landscape disruption
  • 11.4 Industry risks

12 Vendor Analysis

  • 12.1 Vendors covered
  • 12.2 Market positioning of vendors
  • 12.3 AB Volvo
  • 12.4 Bayerische Motoren Werke AG
  • 12.5 BYD Co. Ltd.
  • 12.6 Ford Motor Co.
  • 12.7 General Motors Co.
  • 12.8 Mazda Motor Corp.
  • 12.9 Mercedes Benz Group AG
  • 12.10 Mitsubishi Corp.
  • 12.11 Nissan Motor Co. Ltd.
  • 12.12 Porsche Automobil Holding SE
  • 12.13 Renault SAS
  • 12.14 SAIC Motor Corp. Ltd.
  • 12.15 Tata Motors Ltd.
  • 12.16 Tesla Inc.
  • 12.17 Toyota Motor Corp.

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
  • 13.3 Currency conversion rates for US$
  • 13.4 Research methodology
  • 13.5 List of abbreviations
Product Code: IRTNTR43718

Exhibits:

  • Exhibits1: Executive Summary - Chart on Market Overview
  • Exhibits2: Executive Summary - Data Table on Market Overview
  • Exhibits3: Executive Summary - Chart on Global Market Characteristics
  • Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibits5: Executive Summary - Chart on Market Segmentation by Application
  • Exhibits6: Executive Summary - Chart on Market Segmentation by Type
  • Exhibits7: Executive Summary - Chart on Incremental Growth
  • Exhibits8: Executive Summary - Data Table on Incremental Growth
  • Exhibits9: Executive Summary - Chart on Vendor Market Positioning
  • Exhibits10: Parent market
  • Exhibits11: Market Characteristics
  • Exhibits12: Offerings of vendors included in the market definition
  • Exhibits13: Market segments
  • Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Exhibits18: Historic Market Size - Data Table on global luxury suv market 2018 - 2022 ($ billion)
  • Exhibits19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
  • Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
  • Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
  • Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
  • Exhibits23: Five forces analysis - Comparison between 2023 and 2028
  • Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
  • Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
  • Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
  • Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
  • Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
  • Exhibits29: Chart on Market condition - Five forces 2023 and 2028
  • Exhibits30: Chart on Application - Market share 2023-2028 (%)
  • Exhibits31: Data Table on Application - Market share 2023-2028 (%)
  • Exhibits32: Chart on Comparison by Application
  • Exhibits33: Data Table on Comparison by Application
  • Exhibits34: Chart on Individual - Market size and forecast 2023-2028 ($ billion)
  • Exhibits35: Data Table on Individual - Market size and forecast 2023-2028 ($ billion)
  • Exhibits36: Chart on Individual - Year-over-year growth 2023-2028 (%)
  • Exhibits37: Data Table on Individual - Year-over-year growth 2023-2028 (%)
  • Exhibits38: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
  • Exhibits39: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
  • Exhibits40: Chart on Commercial - Year-over-year growth 2023-2028 (%)
  • Exhibits41: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
  • Exhibits42: Market opportunity by Application ($ billion)
  • Exhibits43: Data Table on Market opportunity by Application ($ billion)
  • Exhibits44: Chart on Type - Market share 2023-2028 (%)
  • Exhibits45: Data Table on Type - Market share 2023-2028 (%)
  • Exhibits46: Chart on Comparison by Type
  • Exhibits47: Data Table on Comparison by Type
  • Exhibits48: Chart on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
  • Exhibits49: Data Table on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
  • Exhibits50: Chart on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
  • Exhibits51: Data Table on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
  • Exhibits52: Chart on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
  • Exhibits53: Data Table on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
  • Exhibits54: Chart on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
  • Exhibits55: Data Table on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
  • Exhibits56: Market opportunity by Type ($ billion)
  • Exhibits57: Data Table on Market opportunity by Type ($ billion)
  • Exhibits58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Exhibits59: Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Exhibits60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
  • Exhibits61: Chart on Geographic comparison
  • Exhibits62: Data Table on Geographic comparison
  • Exhibits63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits65: Chart on North America - Year-over-year growth 2023-2028 (%)
  • Exhibits66: Data Table on North America - Year-over-year growth 2023-2028 (%)
  • Exhibits67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Exhibits68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Exhibits69: Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Exhibits70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
  • Exhibits71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Exhibits72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Exhibits73: Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Exhibits74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
  • Exhibits75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits77: Chart on South America - Year-over-year growth 2023-2028 (%)
  • Exhibits78: Data Table on South America - Year-over-year growth 2023-2028 (%)
  • Exhibits79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Exhibits80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Exhibits81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Exhibits82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Exhibits83: Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Exhibits84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Exhibits85: Chart on US - Year-over-year growth 2023-2028 (%)
  • Exhibits86: Data Table on US - Year-over-year growth 2023-2028 (%)
  • Exhibits87: Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Exhibits88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Exhibits89: Chart on China - Year-over-year growth 2023-2028 (%)
  • Exhibits90: Data Table on China - Year-over-year growth 2023-2028 (%)
  • Exhibits91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Exhibits92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Exhibits93: Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Exhibits94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
  • Exhibits95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  • Exhibits96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  • Exhibits97: Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Exhibits98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
  • Exhibits99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
  • Exhibits100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  • Exhibits101: Chart on UK - Year-over-year growth 2023-2028 (%)
  • Exhibits102: Data Table on UK - Year-over-year growth 2023-2028 (%)
  • Exhibits103: Market opportunity By Geographical Landscape ($ billion)
  • Exhibits104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
  • Exhibits105: Impact of drivers and challenges in 2023 and 2028
  • Exhibits106: Overview on Criticality of inputs and Factors of differentiation
  • Exhibits107: Overview on factors of disruption
  • Exhibits108: Impact of key risks on business
  • Exhibits109: Vendors covered
  • Exhibits110: Matrix on vendor position and classification
  • Exhibits111: AB Volvo - Overview
  • Exhibits112: AB Volvo - Business segments
  • Exhibits113: AB Volvo - Key news
  • Exhibits114: AB Volvo - Key offerings
  • Exhibits115: AB Volvo - Segment focus
  • Exhibits116: Bayerische Motoren Werke AG - Overview
  • Exhibits117: Bayerische Motoren Werke AG - Business segments
  • Exhibits118: Bayerische Motoren Werke AG - Key news
  • Exhibits119: Bayerische Motoren Werke AG - Key offerings
  • Exhibits120: Bayerische Motoren Werke AG - Segment focus
  • Exhibits121: BYD Co. Ltd. - Overview
  • Exhibits122: BYD Co. Ltd. - Business segments
  • Exhibits123: BYD Co. Ltd. - Key offerings
  • Exhibits124: BYD Co. Ltd. - Segment focus
  • Exhibits125: Ford Motor Co. - Overview
  • Exhibits126: Ford Motor Co. - Business segments
  • Exhibits127: Ford Motor Co. - Key offerings
  • Exhibits128: Ford Motor Co. - Segment focus
  • Exhibits129: General Motors Co. - Overview
  • Exhibits130: General Motors Co. - Business segments
  • Exhibits131: General Motors Co. - Key news
  • Exhibits132: General Motors Co. - Key offerings
  • Exhibits133: General Motors Co. - Segment focus
  • Exhibits134: Mazda Motor Corp. - Overview
  • Exhibits135: Mazda Motor Corp. - Business segments
  • Exhibits136: Mazda Motor Corp. - Key news
  • Exhibits137: Mazda Motor Corp. - Key offerings
  • Exhibits138: Mazda Motor Corp. - Segment focus
  • Exhibits139: Mercedes Benz Group AG - Overview
  • Exhibits140: Mercedes Benz Group AG - Business segments
  • Exhibits141: Mercedes Benz Group AG - Key news
  • Exhibits142: Mercedes Benz Group AG - Key offerings
  • Exhibits143: Mercedes Benz Group AG - Segment focus
  • Exhibits144: Mitsubishi Corp. - Overview
  • Exhibits145: Mitsubishi Corp. - Business segments
  • Exhibits146: Mitsubishi Corp. - Key news
  • Exhibits147: Mitsubishi Corp. - Key offerings
  • Exhibits148: Mitsubishi Corp. - Segment focus
  • Exhibits149: Nissan Motor Co. Ltd. - Overview
  • Exhibits150: Nissan Motor Co. Ltd. - Business segments
  • Exhibits151: Nissan Motor Co. Ltd. - Key news
  • Exhibits152: Nissan Motor Co. Ltd. - Key offerings
  • Exhibits153: Nissan Motor Co. Ltd. - Segment focus
  • Exhibits154: Porsche Automobil Holding SE - Overview
  • Exhibits155: Porsche Automobil Holding SE - Business segments
  • Exhibits156: Porsche Automobil Holding SE - Key news
  • Exhibits157: Porsche Automobil Holding SE - Key offerings
  • Exhibits158: Porsche Automobil Holding SE - Segment focus
  • Exhibits159: Renault SAS - Overview
  • Exhibits160: Renault SAS - Product / Service
  • Exhibits161: Renault SAS - Key news
  • Exhibits162: Renault SAS - Key offerings
  • Exhibits163: SAIC Motor Corp. Ltd. - Overview
  • Exhibits164: SAIC Motor Corp. Ltd. - Business segments
  • Exhibits165: SAIC Motor Corp. Ltd. - Key news
  • Exhibits166: SAIC Motor Corp. Ltd. - Key offerings
  • Exhibits167: SAIC Motor Corp. Ltd. - Segment focus
  • Exhibits168: Tata Motors Ltd. - Overview
  • Exhibits169: Tata Motors Ltd. - Business segments
  • Exhibits170: Tata Motors Ltd. - Key news
  • Exhibits171: Tata Motors Ltd. - Key offerings
  • Exhibits172: Tata Motors Ltd. - Segment focus
  • Exhibits173: Tesla Inc. - Overview
  • Exhibits174: Tesla Inc. - Business segments
  • Exhibits175: Tesla Inc. - Key news
  • Exhibits176: Tesla Inc. - Key offerings
  • Exhibits177: Tesla Inc. - Segment focus
  • Exhibits178: Toyota Motor Corp. - Overview
  • Exhibits179: Toyota Motor Corp. - Business segments
  • Exhibits180: Toyota Motor Corp. - Key offerings
  • Exhibits181: Toyota Motor Corp. - Segment focus
  • Exhibits182: Inclusions checklist
  • Exhibits183: Exclusions checklist
  • Exhibits184: Currency conversion rates for US$
  • Exhibits185: Research methodology
  • Exhibits186: Validation techniques employed for market sizing
  • Exhibits187: Information sources
  • Exhibits188: List of abbreviations
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