Technavio Report on the Luxury SUV Market


The global luxury SUV market is expected to grow at a robust 7% CAGR from 2019 to 2024. Technavio’s research report provides an up-to-date analysis of this market, including Y-O-Y growth rate and variances. The report also offers forecasts for different segments, including the luxury segment.

Land Rover Range Rover

The Range Rover is the benchmark of full-size luxury SUVs. Its distinctive floating roofline, continuous waistline, and lower accent graphics make it a standout among competitors. Inside, the Range Rover’s spacious cabin is a mix of executive comfort and five-seat versatility. It’s available in standard and long wheelbases and with I6 or V8 engines or an electrified PHEV variant.

The Range Rover has excellent handling for a luxury SUV. Its air suspension and loads of off-road equipment help it navigate twists and turns with surprising stability. It also has a precise steering system, which makes it easy to maneuver in tight spaces. Its all-wheel steering is particularly helpful when parking and assists with turning at low speeds.

Lexus NX

The new Lexus NX is a two-row luxury SUV that offers a comfortable ride and a luxurious cabin. The front seats are soft and cushioned, and the NX has plenty of headroom for taller drivers. Its rear seats are also comfortable and spacious, with room for three adults and ample legroom. The NX also comes with standard heated front and rear seats, and genuine leather upholstery.

The NX also comes with a hands-free multimedia interface called Lexus Interface. It offers multiple touchscreen options ranging from eight to 14 inches, and is angled toward the driver for easy access. This infotainment system is jam-packed with amazing features.

Mercedes-Benz GLE

The Mercedes-Benz GLE luxury SUV is a premium crossover with maximum comfort. It can seat up to seven passengers and has 74.9 cubic feet of cargo space. Its MBUX multimedia system keeps you connected and entertained while driving. It also comes with surround-view cameras that make parking in tight spaces easy.

The Mercedes GLE is offered with a choice of three powertrains. The 2.0L turbocharged I-4 engine is paired with front-wheel drive. The other two powertrains feature AWD as standard. The AWD system is automatically adapted to the driving conditions. The front end of the Mercedes GLE features a massive emblem, while the large grille and front splitter could pass for a rear diffuser.

The Mercedes GLE is one of the best midsize luxury SUVs. It was released in 2015, and since then, it has maintained its place at the top of the luxury segment. Its high-tech features and refinement make it a superior choice for daily use. The MBUX infotainment system and plenty of advanced safety features make it a top choice for luxury crossover buyers.

Lamborghini Urus

The Lamborghini Urus luxury SUV is the pinnacle of Italian craftsmanship and the latest technology. Inside, you will find racing seats and an intuitive center console. You can select a range of different driving modes. Its interior can seat up to five passengers. It also has more storage space than the Huracan.

The Urus luxury SUV is a five-seater, but the rear seat can be a bit cramped, especially if everyone in the vehicle is tall. The cargo area measures 21.8 cubic feet. There’s also a panoramic sunroof for the rear passengers and air conditioning vents in the B-pillars.

The Urus’ engine is more powerful than its predecessor. It has 650 horsepower and 850 Nm of torque. This engine is paired with an eight-speed automatic transmission. The Urus reaches 62 mph in just 3.6 seconds. The driver can adjust the ride height depending on the driving mode.

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