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Luxury SUV Market 2024-2028

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • TechNavio
  • ID: 5031165
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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.

The luxury SUV market is segmented as below:

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.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global luxury SUV market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global luxury suv market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Individual - Market size and forecast 2023-2028
Exhibit 34: Chart on Individual - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Individual - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Individual - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Individual - Year-over-year growth 2023-2028 (%)
6.4 Commercial - Market size and forecast 2023-2028
Exhibit 38: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ billion)
Exhibit 43: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Mid-size luxury SUVs - Market size and forecast 2023-2028
Exhibit 48: Chart on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
7.4 Full-size luxury SUVs - Market size and forecast 2023-2028
Exhibit 52: Chart on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ billion)
Exhibit 57: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 AB Volvo
Exhibit 111: AB Volvo - Overview
Exhibit 112: AB Volvo - Business segments
Exhibit 113: AB Volvo - Key news
Exhibit 114: AB Volvo - Key offerings
Exhibit 115: AB Volvo - Segment focus
12.4 Bayerische Motoren Werke AG
Exhibit 116: Bayerische Motoren Werke AG - Overview
Exhibit 117: Bayerische Motoren Werke AG - Business segments
Exhibit 118: Bayerische Motoren Werke AG - Key news
Exhibit 119: Bayerische Motoren Werke AG - Key offerings
Exhibit 120: Bayerische Motoren Werke AG - Segment focus
12.5 BYD Co. Ltd.
Exhibit 121: BYD Co. Ltd. - Overview
Exhibit 122: BYD Co. Ltd. - Business segments
Exhibit 123: BYD Co. Ltd. - Key offerings
Exhibit 124: BYD Co. Ltd. - Segment focus
12.6 Ford Motor Co.
Exhibit 125: Ford Motor Co. - Overview
Exhibit 126: Ford Motor Co. - Business segments
Exhibit 127: Ford Motor Co. - Key offerings
Exhibit 128: Ford Motor Co. - Segment focus
12.7 General Motors Co.
Exhibit 129: General Motors Co. - Overview
Exhibit 130: General Motors Co. - Business segments
Exhibit 131: General Motors Co. - Key news
Exhibit 132: General Motors Co. - Key offerings
Exhibit 133: General Motors Co. - Segment focus
12.8 Mazda Motor Corp.
Exhibit 134: Mazda Motor Corp. - Overview
Exhibit 135: Mazda Motor Corp. - Business segments
Exhibit 136: Mazda Motor Corp. - Key news
Exhibit 137: Mazda Motor Corp. - Key offerings
Exhibit 138: Mazda Motor Corp. - Segment focus
12.9 Mercedes Benz Group AG
Exhibit 139: Mercedes Benz Group AG - Overview
Exhibit 140: Mercedes Benz Group AG - Business segments
Exhibit 141: Mercedes Benz Group AG - Key news
Exhibit 142: Mercedes Benz Group AG - Key offerings
Exhibit 143: Mercedes Benz Group AG - Segment focus
12.10 Mitsubishi Corp.
Exhibit 144: Mitsubishi Corp. - Overview
Exhibit 145: Mitsubishi Corp. - Business segments
Exhibit 146: Mitsubishi Corp. - Key news
Exhibit 147: Mitsubishi Corp. - Key offerings
Exhibit 148: Mitsubishi Corp. - Segment focus
12.11 Nissan Motor Co. Ltd.
Exhibit 149: Nissan Motor Co. Ltd. - Overview
Exhibit 150: Nissan Motor Co. Ltd. - Business segments
Exhibit 151: Nissan Motor Co. Ltd. - Key news
Exhibit 152: Nissan Motor Co. Ltd. - Key offerings
Exhibit 153: Nissan Motor Co. Ltd. - Segment focus
12.12 Porsche Automobil Holding SE
Exhibit 154: Porsche Automobil Holding SE - Overview
Exhibit 155: Porsche Automobil Holding SE - Business segments
Exhibit 156: Porsche Automobil Holding SE - Key news
Exhibit 157: Porsche Automobil Holding SE - Key offerings
Exhibit 158: Porsche Automobil Holding SE - Segment focus
12.13 Renault SAS
Exhibit 159: Renault SAS - Overview
Exhibit 160: Renault SAS - Product/Service
Exhibit 161: Renault SAS - Key news
Exhibit 162: Renault SAS - Key offerings
12.14 SAIC Motor Corp. Ltd.
Exhibit 163: SAIC Motor Corp. Ltd. - Overview
Exhibit 164: SAIC Motor Corp. Ltd. - Business segments
Exhibit 165: SAIC Motor Corp. Ltd. - Key news
Exhibit 166: SAIC Motor Corp. Ltd. - Key offerings
Exhibit 167: SAIC Motor Corp. Ltd. - Segment focus
12.15 Tata Motors Ltd.
Exhibit 168: Tata Motors Ltd. - Overview
Exhibit 169: Tata Motors Ltd. - Business segments
Exhibit 170: Tata Motors Ltd. - Key news
Exhibit 171: Tata Motors Ltd. - Key offerings
Exhibit 172: Tata Motors Ltd. - Segment focus
12.16 Tesla Inc.
Exhibit 173: Tesla Inc. - Overview
Exhibit 174: Tesla Inc. - Business segments
Exhibit 175: Tesla Inc. - Key news
Exhibit 176: Tesla Inc. - Key offerings
Exhibit 177: Tesla Inc. - Segment focus
12.17 Toyota Motor Corp.
Exhibit 178: Toyota Motor Corp. - Overview
Exhibit 179: Toyota Motor Corp. - Business segments
Exhibit 180: Toyota Motor Corp. - Key offerings
Exhibit 181: Toyota Motor Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global luxury suv market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Individual - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Individual - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Individual - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Individual - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Application ($ billion)
Exhibits 43: Data Table on Market opportunity by Application ($ billion)
Exhibits 44: Chart on Type - Market share 2023-2028 (%)
Exhibits 45: Data Table on Type - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by Type
Exhibits 47: Data Table on Comparison by Type
Exhibits 48: Chart on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on Mid-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Mid-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Full-size luxury SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Full-size luxury SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 56: Market opportunity by Type ($ billion)
Exhibits 57: Data Table on Market opportunity by Type ($ billion)
Exhibits 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 61: Chart on Geographic comparison
Exhibits 62: Data Table on Geographic comparison
Exhibits 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 103: Market opportunity By Geographical Landscape ($ billion)
Exhibits 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 105: Impact of drivers and challenges in 2023 and 2028
Exhibits 106: Overview on Criticality of inputs and Factors of differentiation
Exhibits 107: Overview on factors of disruption
Exhibits 108: Impact of key risks on business
Exhibits 109: Vendors covered
Exhibits 110: Matrix on vendor position and classification
Exhibits 111: AB Volvo - Overview
Exhibits 112: AB Volvo - Business segments
Exhibits 113: AB Volvo - Key news
Exhibits 114: AB Volvo - Key offerings
Exhibits 115: AB Volvo - Segment focus
Exhibits 116: Bayerische Motoren Werke AG - Overview
Exhibits 117: Bayerische Motoren Werke AG - Business segments
Exhibits 118: Bayerische Motoren Werke AG - Key news
Exhibits 119: Bayerische Motoren Werke AG - Key offerings
Exhibits 120: Bayerische Motoren Werke AG - Segment focus
Exhibits 121: BYD Co. Ltd. - Overview
Exhibits 122: BYD Co. Ltd. - Business segments
Exhibits 123: BYD Co. Ltd. - Key offerings
Exhibits 124: BYD Co. Ltd. - Segment focus
Exhibits 125: Ford Motor Co. - Overview
Exhibits 126: Ford Motor Co. - Business segments
Exhibits 127: Ford Motor Co. - Key offerings
Exhibits 128: Ford Motor Co. - Segment focus
Exhibits 129: General Motors Co. - Overview
Exhibits 130: General Motors Co. - Business segments
Exhibits 131: General Motors Co. - Key news
Exhibits 132: General Motors Co. - Key offerings
Exhibits 133: General Motors Co. - Segment focus
Exhibits 134: Mazda Motor Corp. - Overview
Exhibits 135: Mazda Motor Corp. - Business segments
Exhibits 136: Mazda Motor Corp. - Key news
Exhibits 137: Mazda Motor Corp. - Key offerings
Exhibits 138: Mazda Motor Corp. - Segment focus
Exhibits 139: Mercedes Benz Group AG - Overview
Exhibits 140: Mercedes Benz Group AG - Business segments
Exhibits 141: Mercedes Benz Group AG - Key news
Exhibits 142: Mercedes Benz Group AG - Key offerings
Exhibits 143: Mercedes Benz Group AG - Segment focus
Exhibits 144: Mitsubishi Corp. - Overview
Exhibits 145: Mitsubishi Corp. - Business segments
Exhibits 146: Mitsubishi Corp. - Key news
Exhibits 147: Mitsubishi Corp. - Key offerings
Exhibits 148: Mitsubishi Corp. - Segment focus
Exhibits 149: Nissan Motor Co. Ltd. - Overview
Exhibits 150: Nissan Motor Co. Ltd. - Business segments
Exhibits 151: Nissan Motor Co. Ltd. - Key news
Exhibits 152: Nissan Motor Co. Ltd. - Key offerings
Exhibits 153: Nissan Motor Co. Ltd. - Segment focus
Exhibits 154: Porsche Automobil Holding SE - Overview
Exhibits 155: Porsche Automobil Holding SE - Business segments
Exhibits 156: Porsche Automobil Holding SE - Key news
Exhibits 157: Porsche Automobil Holding SE - Key offerings
Exhibits 158: Porsche Automobil Holding SE - Segment focus
Exhibits 159: Renault SAS - Overview
Exhibits 160: Renault SAS - Product/Service
Exhibits 161: Renault SAS - Key news
Exhibits 162: Renault SAS - Key offerings
Exhibits 163: SAIC Motor Corp. Ltd. - Overview
Exhibits 164: SAIC Motor Corp. Ltd. - Business segments
Exhibits 165: SAIC Motor Corp. Ltd. - Key news
Exhibits 166: SAIC Motor Corp. Ltd. - Key offerings
Exhibits 167: SAIC Motor Corp. Ltd. - Segment focus
Exhibits 168: Tata Motors Ltd. - Overview
Exhibits 169: Tata Motors Ltd. - Business segments
Exhibits 170: Tata Motors Ltd. - Key news
Exhibits 171: Tata Motors Ltd. - Key offerings
Exhibits 172: Tata Motors Ltd. - Segment focus
Exhibits 173: Tesla Inc. - Overview
Exhibits 174: Tesla Inc. - Business segments
Exhibits 175: Tesla Inc. - Key news
Exhibits 176: Tesla Inc. - Key offerings
Exhibits 177: Tesla Inc. - Segment focus
Exhibits 178: Toyota Motor Corp. - Overview
Exhibits 179: Toyota Motor Corp. - Business segments
Exhibits 180: Toyota Motor Corp. - Key offerings
Exhibits 181: Toyota Motor Corp. - Segment focus
Exhibits 182: Inclusions checklist
Exhibits 183: Exclusions checklist
Exhibits 184: Currency conversion rates for US$
Exhibits 185: Research methodology
Exhibits 186: Validation techniques employed for market sizing
Exhibits 187: Information sources
Exhibits 188: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global luxury SUV market: 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..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the rapid development of electric luxury vehicles.'

According to the report, one of the major drivers for this market is the increased preference for safety and comfort driving sales of luxury SUVs.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • Ford Motor Co.