Europe Luxury SUV Market Size & Outlook, 2025-2033

Europe Luxury SUV Market Insights

Based on Deep Market Insights findings, the Europe Luxury SUV Market size reached USD 3475.2 Million in 2024 and is expected to grow to USD 12,492.58 Million by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 15.33%.
Compact represented the largest share of the Size market in terms of size in 2024.
Among the Size segments, Mid is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Europe held 28.96% share of the global Luxury SUV Market size in 2024.
United States is expected to remain the largest contributor to the global market size by 2033.
By 2033, Russia is anticipated to record the highest growth in Europe, with the market size expected to reach USD 1062.41 Million.

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 3475.2 Million
Market Size In 2033	USD 12,492.58 Million
Largest segment	Compact
Units	Revenue in USD Million
CAGR	15.33% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segments	Sub Segments
Europe	Germany United Kingdom France Italy Spain Russia Nordic Benelux
Size	Compact Mid Full-size
Propulsion	ICE Hybrid EV
Features	Off-road Luxury Trim