PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1182359
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1182359
Luxury Cars Market Forecasts to 2028 - Global Analysis By Vehicle Type (Sedan, Hatchback, Sport Utility Vehicle (SUV), Other Vehicle Types), Propulsion Type (Electric, Internal Combustion Engine (ICE), Other Propulsion Type) and others
According to Stratistics MRC, the Global Luxury Car Market is accounted for $620.02 billion in 2022 and is expected to reach $1,178.63 billion by 2028 growing at a CAGR of 11.3% during the forecast period. A luxury vehicle has a higher level of interior, comfort, and effectiveness than a standard vehicle. Increased disposable income in the several countries around the world has provided a platform for market participants. The huge investments in luxury cars can be attributed to a variety of factors, the most important of which are comfort and quality. The existence among several large scale luxury car manufacturers will favour market growth in the coming years.
According to the China Automobile Dealers Association, the country's luxury car dealers sold 277,000 vehicles in April 2020, an 11.1% increase over April 2019. Luxury car sales accounted for 18.7% of the market in April 2020, representing a 3.6% rise over April 2019 and a 0.4% increase over the market share in March. According to the Federation of Automobile Dealers Associations (FADA), the data for new vehicle registrations in July 2020 revealed that the overall share of luxury car players in the total passenger vehicle market contracted to 0.50% in the month, compared to 1.11% for the same month last year. July 2020 sales figures of the ten luxury carmakers in India showed that demand dropped by 59%.
Market Dynamics:
Driver:
Increasing Number of Company Collaborations
There is healthy market competition all over the world due to the rising demand for the product. Because of the fierce market competition, companies have adopted growth strategy which have assisted them maintain a firm hold in the market. The growing number of company cooperation and collaboration will have a significant impact on the overall market's growth in the coming years.
Restraint:
Higher Sales Price
Luxury vehicles are more costly right away. They must weigh the positive aspects, such as increased performance, improved safety, top-tier features, and the luxury car status. Even the components of a luxury car are more incredible than those of a standard car. They use higher-quality parts and materials than entry-level vehicles. They do it for a variety of reasons. It increases the part's reliability, strengthens it to handle the extra power output underneath the hood, and tends to make your car run more smoothly.
Opportunity:
Demand of Heavy and Luxury Vehicles
The rise in demand for heavy and luxury vehicles, combined with an increase in diesel-powered vehicles, accelerates market growth. Additionally, an increase in passenger car sales due to consumer preference for economical vehicles aids in market expansion. And, the development of the automotive industry, surge in investments, and continued to increase disposable income all benefit the luxury car market.
Threat:
Fuel and Repair Expenses
Many luxury vehicles require mid-grade or premium fuel to run smoothly. This is due to the fact that high-performance engines require higher octane fuel. Repairs are more expensive in a luxury car, just as they are more expensive to fuel. Everything, from parts to service, is more expensive. Expect to pay more for repairs and routine maintenance, such as spare keys, new batteries, and tune-ups.
COVID-19 Impact
The previous corona pandemic has had a serious influence on several economies worldwide. The efforts made to stop the infection from spreading have stifled business growth around the world. Because of the disease's rapid spread, a few nations are looking to adopt strict measures to control the disease's spread. The corona pandemic has caused fear among people all over the world, and due to a lack of labour and workers, production units in all major industries have ceased operations. The auto sector is one of the worst-affected industries worldwide. The COVID-19 will have a negative impact on the market because people will become hesitant to spend money on luxury items.
The sport utility vehicle (SUV) segment is expected to be the largest during the forecast period
The sport utility vehicle (SUV) segment is estimated to have a lucrative growth, due to new luxury SUV range that offers better comfort and travelling experience. Luxury SUVs prioritise comfort, ease of access, technology, design, safety, and ride quality. Luxury SUVs are costlier due to their numerous features and attractive appearance. This is because the majority of these vehicles are imported and subject to a high import tax.
The Internal Combustion Engine (ICE) segment is expected to have the highest CAGR during the forecast period
The Internal Combustion Engine (ICE) segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the widespread availability of infrastructure such as boosting, maintenance, and so on furthermore; the cars are significantly less expensive than the electric variants. The Electric Vehicle is being held back by a lack of adequate infrastructure. Electric vehicles are also more expensive.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the high prevalence of government support in the form of subsidies for the production of electric vehicles and presence of a number of large-scale automakers in this region. The steadily increasing population in countries has provided opportunities for companies operating in the Asia Pacific luxury car market. The rising number of industrial units in these regions is due to the low costs and tax breaks connected with assembly and sale procedures in multiple countries.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the initiation of advanced technology, as well as an increase in the number of activities in research and development in the region. Increasing disposable income and changing customer preferences have become two of the most significant aspects of the luxury car market's growth. These vehicles provide exceptional comfort, an indulging and silky-smooth ride, exhaustive levels of technology, sufficient performance, excellent drivability, refinement, and, above all, serve as an improved status symbol than most things on four wheels.
Key players in the market
Some of the key players profiled in the Luxury Car Market include Volkswagen AG, Daimler AG, Mercedes-Benz, Toyota Motor Corporation, Jaguar Land Rover Automotive PLC, Ford Motor Company, Hyundai Motor Group, Volvo Car Corporation, Tesla Inc., Tata Motors Limited, Bayerische Motoren Werke AG, BMW AG, Nissan Motor Co.LTD., Kia Motors Corporation, Continental AG, AUDI AG and General Motors.
Key Developments:
In January 2021, Mercedes-Benz India announced its plans to introduce 15 products in the Indian market. A-Class Limousine, new GLA, and AMG GT Black Series were some of the vehicle models lined up for a 2021 debut.
In August 2020, Mercedes-Benz and CATL announced that they have formed a strategic partnership; a step that is consequential to the former's efforts to introduce electric vehicles. This partnership is aimed at the development of a cutting-edge battery technology for use in Mercedes-Benz's upcoming electric cars.
Vehicle Types Covered:
- Sedan
- Hatchback
- Sport Utility Vehicle (SUV)
- Other Vehicle Types
Propulsion Type Covered:
- Electric
- Internal Combustion Engine (ICE)
- Other Propulsion Type
Price Ranges Covered:
- Above Rs. 80 Lakhs
- Rs. 20-50 lakhs
- Rs. 50-80 Lakhs
- Other Price Ranges
Fuel Types Covered:
- Diesel
- Gasoline
- Electric
- Other Fuel Types
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Luxury Cars Market, By Vehicle Type
- 5.1 Introduction
- 5.2 Sedan
- 5.3 Hatchback
- 5.4 Sport Utility Vehicle (SUV)
- 5.5 Other Vehicle Types
6 Global Luxury Cars Market, By Propulsion Type
- 6.1 Introduction
- 6.2 Electric
- 6.3 Internal Combustion Engine (ICE)
- 6.4 Other Propulsion Type
7 Global Luxury Cars Market, By Price Range
- 7.1 Introduction
- 7.2 Above Rs. 80 Lakhs
- 7.3 Rs. 20-50 lakhs
- 7.4 Rs. 50-80 Lakhs
- 7.5 Other Price Ranges
8 Global Luxury Cars Market, By Fuel Type
- 8.1 Introduction
- 8.2 Diesel
- 8.3 Gasoline
- 8.4 Electric
- 8.5 Other Fuel Types
9 Global Luxury Cars Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 Volkswagen AG
- 11.2 Daimler AG
- 11.3 Mercedes-Benz
- 11.4 Toyota Motor Corporation
- 11.5 Jaguar Land Rover Automotive PLC
- 11.6 Ford Motor Company
- 11.7 Hyundai Motor Group
- 11.8 Volvo Car Corporation
- 11.9 Tesla Inc.
- 11.10 Tata Motors Limited
- 11.11 Bayerische Motoren Werke AG
- 11.12 BMW AG
- 11.13 Nissan Motor Co.LTD.
- 11.14 Kia Motors Corporation
- 11.15 Continental AG
- 11.16 AUDI AG
- 11.17 General Motors
List of Tables
- Table 1 Global Luxury Cars Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 3 Global Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 4 Global Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 5 Global Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 6 Global Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 7 Global Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 8 Global Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 9 Global Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 10 Global Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 11 Global Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 12 Global Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 13 Global Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 14 Global Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 15 Global Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 16 Global Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 17 Global Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 18 Global Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 19 Global Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 20 Global Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
- Table 21 North America Luxury Cars Market Outlook, By Country (2020-2028) ($MN)
- Table 22 North America Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 23 North America Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 24 North America Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 25 North America Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 26 North America Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 27 North America Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 28 North America Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 29 North America Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 30 North America Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 31 North America Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 32 North America Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 33 North America Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 34 North America Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 35 North America Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 36 North America Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 37 North America Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 38 North America Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 39 North America Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 40 North America Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
- Table 41 Europe Luxury Cars Market Outlook, By Country (2020-2028) ($MN)
- Table 42 Europe Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 43 Europe Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 44 Europe Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 45 Europe Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 46 Europe Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 47 Europe Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 48 Europe Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 49 Europe Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 50 Europe Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 51 Europe Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 52 Europe Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 53 Europe Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 54 Europe Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 55 Europe Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 56 Europe Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 57 Europe Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 58 Europe Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 59 Europe Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 60 Europe Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
- Table 61 Asia Pacific Luxury Cars Market Outlook, By Country (2020-2028) ($MN)
- Table 62 Asia Pacific Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 63 Asia Pacific Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 64 Asia Pacific Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 65 Asia Pacific Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 66 Asia Pacific Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 67 Asia Pacific Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 68 Asia Pacific Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 69 Asia Pacific Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 70 Asia Pacific Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 71 Asia Pacific Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 72 Asia Pacific Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 73 Asia Pacific Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 74 Asia Pacific Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 75 Asia Pacific Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 76 Asia Pacific Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 77 Asia Pacific Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 78 Asia Pacific Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 79 Asia Pacific Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 80 Asia Pacific Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
- Table 81 South America Luxury Cars Market Outlook, By Country (2020-2028) ($MN)
- Table 82 South America Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 83 South America Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 84 South America Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 85 South America Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 86 South America Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 87 South America Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 88 South America Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 89 South America Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 90 South America Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 91 South America Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 92 South America Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 93 South America Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 94 South America Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 95 South America Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 96 South America Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 97 South America Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 98 South America Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 99 South America Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 100 South America Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
- Table 101 Middle East & Africa Luxury Cars Market Outlook, By Country (2020-2028) ($MN)
- Table 102 Middle East & Africa Luxury Cars Market Outlook, By Vehicle Type (2020-2028) ($MN)
- Table 103 Middle East & Africa Luxury Cars Market Outlook, By Sedan (2020-2028) ($MN)
- Table 104 Middle East & Africa Luxury Cars Market Outlook, By Hatchback (2020-2028) ($MN)
- Table 105 Middle East & Africa Luxury Cars Market Outlook, By Sport Utility Vehicle (SUV) (2020-2028) ($MN)
- Table 106 Middle East & Africa Luxury Cars Market Outlook, By Other Vehicle Types (2020-2028) ($MN)
- Table 107 Middle East & Africa Luxury Cars Market Outlook, By Propulsion Type (2020-2028) ($MN)
- Table 108 Middle East & Africa Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 109 Middle East & Africa Luxury Cars Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
- Table 110 Middle East & Africa Luxury Cars Market Outlook, By Other Propulsion Type (2020-2028) ($MN)
- Table 111 Middle East & Africa Luxury Cars Market Outlook, By Price Range (2020-2028) ($MN)
- Table 112 Middle East & Africa Luxury Cars Market Outlook, By Above Rs. 80 Lakhs (2020-2028) ($MN)
- Table 113 Middle East & Africa Luxury Cars Market Outlook, By Rs. 20-50 lakhs (2020-2028) ($MN)
- Table 114 Middle East & Africa Luxury Cars Market Outlook, By Rs. 50-80 Lakhs (2020-2028) ($MN)
- Table 115 Middle East & Africa Luxury Cars Market Outlook, By Other Price Ranges (2020-2028) ($MN)
- Table 116 Middle East & Africa Luxury Cars Market Outlook, By Fuel Type (2020-2028) ($MN)
- Table 117 Middle East & Africa Luxury Cars Market Outlook, By Diesel (2020-2028) ($MN)
- Table 118 Middle East & Africa Luxury Cars Market Outlook, By Gasoline (2020-2028) ($MN)
- Table 119 Middle East & Africa Luxury Cars Market Outlook, By Electric (2020-2028) ($MN)
- Table 120 Middle East & Africa Luxury Cars Market Outlook, By Other Fuel Types (2020-2028) ($MN)
