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


North America Luxury SUV Market Insights

  • Based on Deep Market Insights findings, the North America Luxury SUV Market size reached USD 4203.6 Million in 2024 and is expected to grow to USD 14,446.89 Million by 2033.
  • During 2025–2033, the market is forecasted to advance at a CAGR of 14.80%.
  • Compact represented the largest share of the Size market in terms of size in 2024.
  • Among the Size segments, Full-size is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Other Key Findings


  • The global Luxury SUV Market size saw North America holding a share of 35.03% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In North America, Canada is forecasted to be the fastest-expanding market, projected to reach USD 3163.72 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 4203.6 Million
Market Size In 2033 USD 14,446.89 Million
Largest segment Compact
Units Revenue in USD Million
CAGR 14.80% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

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