Luxury Car Market is expected to reach US$ 1,032 billion by 2030 | Top Companies - Volkswagen Group, BMW Group, Mercedes-Benz Group AG, General Motors, Ferrari S.p.A.

Market Size and Growth:

The Global Luxury Car Market size reached US$ 672.4 billion in 2022 and is expected to reach US$ 1,032 billion by 2030, growing with a CAGR of 5.5% during the forecast period 2024-2031.

The Luxury Car Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID): https://datamintelligence.com/download-sample/luxury-car-market?sz

The Luxury Car Market refers to the segment of the automotive industry focused on premium vehicles offering superior comfort, advanced technology, high performance, refined design, and brand prestige. These cars feature high-quality materials, enhanced safety systems, customization options, and exclusive ownership experiences, catering to affluent consumers seeking status, innovation, and exceptional driving experiences.

Recent Key Developments of United States:

✅ January 2026: Cox Automotive forecasted a slight decline in overall U.S. new-vehicle sales to 15.8 million units for 2026, down 2.4% from 2025, amid economic uncertainty and rising used supply impacting luxury segments. Luxury brands maintained high loyalty, with over 64% of owners trading for another luxury vehicle.

✅ December 2025: Boston Consulting Group released a report projecting the U.S. luxury car market, valued at $110 billion currently, to nearly double to up to $215 billion by 2035, driven primarily by resale vehicles growing 1.5 times faster than new ones. The study highlights shifting buyer preferences toward digital platforms and immersive experiences, with 75% of respondents open to fully online purchases.

✅ December 2025: U.S. auto sales for 2025 rose about 2% overall despite disruptions, with luxury demand shifting toward higher-priced vehicles amid elevated prices and tariffs. General Motors led sales, while luxury EV sales like Cadillac showed strength despite Q4 slowdowns from incentive changes.

Recent Key Developments of Japan:

✅ January 2026: New vehicle sales in Japan for full-year 2025 rose 3.3% to 4.6 million units, with Lexus contributing to Toyota's steady non-mini sales up 3%, rebounding from prior scandals. Minivehicle recovery boosted totals, indirectly supporting luxury segment stability.

✅ December 2025: Lexus world-premiered the LFA Concept, a battery electric sports car, signaling a push into electrified luxury at Woven City, aligning with broader mobility visions unveiled at Japan Mobility Show. Six Japanese automakers, including Lexus-parent Toyota, saw U.S. exports rise 2.4%, reflecting global luxury strength.

✅ November 2025: Lexus sales in Japan grew 19.3% year-over-year amid a declining overall market (-5.1%), standing out alongside Audi's 81.4% surge as import luxury brands gained traction. Toyota-led non-mini vehicle sales remained dominant, but luxury performers defied the negative trend.

List of the Key Players in the Luxury Car Market:

Volkswagen Group
BMW Group
Mercedes-Benz Group AG
General Motors
Ferrari S.p.A.
Tesla, Inc.
Tata Motors
Aston Martin
Toyota Motor Corporation
China FAW Group Co. Ltd

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/luxury-car-market?sz

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Luxury Car Market:

By Vehicle Type: Hatchback, Sedan, Sports Utility Vehicle (SUV), Coupe, Limousine, Sports Car.

By Propulsion: Internal Combustion Engine (ICE), Hybrid, Electric.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Looking For Full Report? Get it Here: https://www.datamintelligence.com/buy-now-page?report=luxury-car-market

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Luxury Car market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Luxury Car Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Luxury Car market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Luxury Car Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

People Also Ask:

◆ How big is the Luxury Car Market in 2025?
◆ What is the projected growth rate of the Luxury Car Market through 2033?
◆ Who are the key players in the Luxury Car Market?
◆ Which region is expected to dominate the industry during the forecast period?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.