North America Luxury Car Market Size & Outlook, 2025-2033

North America Luxury Car Market Insights

As highlighted in Deep Market Insights analysis, the North America Luxury Car Market, valued at USD 417.28 Billion in 2024, is estimated to achieve USD 794.44 Billion by 2033.
The market is estimated to grow at a CAGR of 7.25% spanning 2025 to 2033.
By market size, ICE Luxury led the Propulsion category in 2024.
The Propulsion segment led by ICE Luxury is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.

In 2024, North America accounted for 30.89% of the global Luxury Car Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Canada is projected to emerge as the fastest-growing market in North America, reaching USD 166 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 417.28 Billion
Market Size In 2033	USD 794.44 Billion
Largest segment	ICE Luxury
Units	Revenue in USD Billion
CAGR	7.25% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends