What is the market size of luxury cars in India?
India Luxury Car Market Size and Share: The India luxury car market size was valued at USD 1. Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1. Billion by 2033, exhibiting a CAGR of 5. As of 2025, India is the 3rd largest automobile market in the world in terms of sales.As of 2025, India is the 3rd largest automobile market in the world in terms of sales. As of April 2022, India’s auto industry is worth more than US$100 billion and accounts for 8% of the country’s total exports and 7. India’s GDP.China continues to be the world’s largest auto market, with new car sales reaching 26.Traditionally, India’s luxury car market was centred around Delhi, Mumbai, Bangalore, and other metropolitan cities. However, 2024 has seen a major shift in consumer demand, with high-end brands expanding into emerging economic hubs like Indore, Surat, Lucknow, and Coimbatore.
Which city has the most luxury cars in the world?
Dubai is renowned for its expansive selection of luxury cars, catering to the affluent lifestyle many its inhabitants enjoy. The target market for luxury cars is typically affluent individuals who value status, quality, and advanced technology. These consumers seek vehicles that reflect their social standing and personal success. Marketing to this demographic requires a deep understanding of their values, lifestyles, and purchasing habits.The Allure of Exclusivity Rarity breeds desire, and in the world of supercars, exclusivity is paramount. The perception of scarcity can evoke strong emotional responses in luxury car buyers, often triggering feelings of urgency, heightened self-confidence, and a sense of control in the decision-making process.USA. The United States has long been the largest market for luxury car sales. Its well-developed infrastructure, rich car culture, and high per capita income make luxury car exports accessible to a broad audience.
What percent of cars are luxury?
Luxury Vehicle Sales Are Up The last study found that luxury sales accounted for 17. United States. The latest study has the percentage at 18. SeeCars says buyers drawn to luxury vehicles do so for their nameplate, extra features, enhanced performance and advanced tech. If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful!Both Audi and BMW are known for their luxury vehicles, but Audi comes out as the superior brand for earning its trust in providing the best features for the greatest value. Where BMW expects you to spend more for less, Audi believes you should pay less for more.There are many luxury brands on the market from all around the globe, but two names stand out when shopping for premium vehicles with outstanding interiors, the latest technology, and impressive driving dynamics: BMW and Mercedes-Benz.A luxury vehicle has more perceived value because of its brand, especially when it’s brand new. Over time, a luxury vehicle will shed more of this value since it’ll be seen closer to a regular everyday vehicle. However, it’ll still be worth a little more than a regular vehicle since it still has some brand prestige.
Who is the market leader in luxury cars?
Mercedes-Benz Group AG: One of the leading player Mercedes-Benz holds one of the largest shares of the global luxury car market. In 2022, it achieved approximately 12-15% of global luxury car sales, consistently ranking as one of the top sellers worldwide, particularly in Europe, North America, and China. When it comes to performance and safety, Audi and Mercedes are evenly matched. These luxury manufacturers also make some of the best small crossovers and large SUVs. Most shoppers are better off with a Mercedes-Benz than an Audi. Mercedes sets the bar high when it comes to interior luxury.Winner: Mercedes-Benz When it comes to performance and safety, Audi and Mercedes are evenly matched. These luxury manufacturers also make some of the best small crossovers and large SUVs. Most shoppers are better off with a Mercedes-Benz than an Audi. Mercedes sets the bar high when it comes to interior luxury.About the Audi Auto Brand Audi is a luxury car maker that delivers high-end, sporty, and innovative vehicles, ranging from high-performance sedans to luxury SUVs. They produce a range of all-electric cars, plug-in-hybrids, gas-powered vehicles, and SUVs that you’ll appreciate if you’re a luxury auto aficionado.
Which is the largest car market in the world?
China continues to be the world’s largest auto market, with new car sales reaching 26. China is the largest car market in the world, accounting for over 23.The United States and China will be a particularly important trading partners in the future. The U. S. Rolls-Royce, accounting approximately 30 percent of their sales. China is the second largest market and has been growing considerably.As of August 2025 Rolls-Royce Holdings has a market cap of ₹10. Trillion. This makes Rolls-Royce Holdings the world’s 157th most valuable company by market cap according to our data.The company has seen its market share in Nigeria double in the last three years. Rolls-Royce is also looking to expand in East Africa, where countries like Kenya🇰🇪, Uganda 🇺🇬, and Tanzania🇹🇿 have large populations and growing economies.
What is the demand for luxury cars?
It’s intriguing that luxury cars in India while maintaining their exclusive niche, are becoming a growing segment of aspiration, demand, and desirability. In 2024, India’s luxury car market witnessed remarkable growth, with sales passing the 50,000 mark for the first time in India—a 5-6% year-on-year increase. Revenue in the Luxury Goods market amounts to US$23. The market is expected to grow annually by 5. CAGR 2025-2030). The market’s largest segment is the segment Luxury Watches & Jewelry with a market volume of US$17.Report Overview. The Global Supercar Market was valued at USD 17. It is expected to reach USD 24. CAGR of 3.The global luxury goods market size was valued at USD 327. USD 349. USD 480. CAGR of 6.KEY MARKET INSIGHTS The global luxury goods market size was valued at USD 272. USD 284. USD 392. CAGR of 4.