India Luxury SUV Market Size & Outlook, 2025-2033


India Luxury SUV Market Insights

  • According to Deep Market Insights analysis, the India Luxury SUV Market size was USD 429.62 Million in 2024 and is projected to reach USD 1,476.54 Million by 2033.
  • The India market is projected to grow at a CAGR of 14.67% between 2025 and 2033.
  • By segment, Compact emerged as the largest Size in terms of market size in 2024.
  • Mid is anticipated to remain the most attractive Size segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2024, India represented 3.58% of the overall global Luxury SUV Market size.
  • United States is projected to lead the global Luxury SUV Market size by 2033.
  • Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
  • China is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 3517.78 Million by 2033.

Report Summary

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 429.62 Million
Market Size In 2033 USD 1,476.54 Million
Largest segment Compact
Units Revenue in USD Million
CAGR 14.67% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Size
  1. Compact
  2. Mid
  3. Full-size
Propulsion
  1. ICE
  2. Hybrid
  3. EV
Features
  1. Off-road
  2. Luxury Trim