Luxury Car Industry is Expected to Reach $1.03 Trillion as Growing in Demand for a Comfortable Driving Experience Globally

According to a new report published by Allied Market Research, titled, “Luxury Car Market,” The luxury car market was valued at $0.54 trillion in 2021, and is estimated to reach $1.03 trillionby 2031, growing at a CAGR of 6.6% from 2022 to 2031. Asia-Pacific includes countries such as China, India, Japan, South Korea, and the …

Luxury Car Market: North America Region to Rake at 6.7% CAGR During 2019 to 2026

According to the research published by Allied Market Research, the global luxury car market generated $495.7 billion in 2018, and is estimated to garner $733.2 billion by 2026, registering at a CAGR of 5.2% from 2019 to 2026. The report offers an extensive analysis of changing market dynamics, key segments, current market size & estimations, market share, …