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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.Speak directly to the analyst to clarify any post sales queries you may have.
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
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 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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
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.
