Korea Luxury SUV Market Size & Outlook, 2025-2033


Korea Luxury SUV Market Insights

  • According to Deep Market Insights analysis, the Korea Luxury SUV Market size was USD 119.34 Million in 2024 and is projected to reach USD 434.53 Million by 2033.
  • The Korea market is projected to grow at a CAGR of 15.34% between 2025 and 2033.
  • By segment, Compact emerged as the largest Size in terms of market size in 2024.
  • Compact is anticipated to remain the most attractive Size segment, recording the fastest growth during the forecast period.

Other Key Findings


  • Korea contributed 0.99% to the global Luxury SUV Market size in 2024.
  • By 2033, United States is forecasted to remain the largest global market for Luxury SUV Market.
  • In Asia Pacific, China is projected to capture the leading share of market size by 2033.
  • Among Asia Pacific markets, China is expected to post the fastest growth, reaching 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 119.34 Million
Market Size In 2033 USD 434.53 Million
Largest segment Compact
Units Revenue in USD Million
CAGR 15.34% (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