Latest news with #Bedfordshire
BBC News
9 hours ago
- Business
- BBC News
Luton Airport expansion 'an once-in-a-generation opportunity'
The number of passengers flying in and out of London Luton Airport (LLA) is expected to rise to 32 million per year by 2043 after the government approved its Universal planning to building its first theme park in Europe close to Bedford, many tourists are expected to use the airport, currently the UK's fifth-busiest, bringing a possible double economic boom to Bedfordshire. Lord John Hutton, the Labour peer and former MP, has been appointed as the chairman of LLA's board to oversee the next phase of the airport's development and said he "wants to get the airport expanded".He added: "We've got a unique once-in-a-generation opportunity to do something really significant for the local economy; we can put hundreds of millions of pounds into the Bedfordshire economy and the surrounding areas." The airport is owned by Luton Borough Council, through economic development company Luton Rising, but is operated by LLA, a separate partnership between "private and public is its biggest strength", Hutton said. "The income from Luton Airport provides a third of Luton Council's budget and is enabling Luton Council to really focus on some of the very significant economic and social challenges that they're facing in the town," he added."So it's a win-win if we do this."Hutton said the development consent order, which the government gave in April, "paves the way for the other really exciting developments that are taking place in the local economy, particularly the development of Universal Studios". He continued: "I see the two projects closely linked - Luton Airport can play a significant role in accommodating the visitors and getting them in and out in the best way." He said it would mean the airport and Universal sitting down together to work out a "masterplan"."We've got to seize the opportunity with both hands because they don't come around very often - I think most people around the country would give their eye teeth to have projects like this side by side," he said that following the closure of Luton's Vauxhall plant in March, with the loss of about 1,200 jobs, "this is a major, major opportunity to make good the loss that we've already sustained and actually build on it".The airport's annual passenger capacity currently stands at 19 million, and about 14,000 people are employed in and around the expansion went ahead, 11,000 new jobs could be created, said Paul Kehoe, independent chair of Luton Rising. However, not everyone approves of the expansion. Campaign group Luton and District Association for the Control of Aircraft Noise (Ladacan) has begun the first steps of legal action against the said the government ignored the concerns of local people, and the plans were granted Lambourne, its chairman, alleged that Transport Secretary Heidi Alexander ignored a recommendation by planning inspectors to reject the expansion plan due to environmental concerns."The impact on people's health, through noise, especially at night, and the added congestion on road and rail service would be problematic," he said."The extra traffic visiting the theme park and travelling to and from the airport will further compound the problems on the M1. It's in the wrong place for massive further expansion. "It's notorious for any airport expansion to overstate the claimed economic benefits without having regard to the economic costs."Last month, a Department for Transport spokesperson said it was unable to comment on this claim due to "ongoing legal proceedings".Alexander said expansion would "deliver significant economic benefits", which was "a key reason for my decision". Hutton said growth in passenger numbers was inevitable but that the airport should be trying to accommodate it in the least polluting way and using the quietest aircraft it could."The government has set some very rigorous environmental standards, both on pollution and noise, and, crucially, using public transport to access the airport," he said."We can't do the expansion unless we tick the box against all of those conditions. "The exam question that we've been set is 'Can we do this in an environmentally sustainable way?'"We believe we can, and the benefits of that will be significant both nationally for the UK economy: nearly £1.5bn. "I want people to think about the jobs, the economic growth, the prospects, the careers for generations of young people."I'm sure we can rise to this challenge." Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X.
BBC News
9 hours ago
- Entertainment
- BBC News
Look-alike Shefford dad mistaken for hip-hop star Pitbull
A father-of-four who was mistaken for the rapper and singer Pitbull and mobbed by fans at one of his concerts says the whole experience has been "crazy". Phil Mansford, 49, from Shefford, Bedfordshire, decided to go a gig at the O2 Arena in London dressed as the Latin hip-hop star in a "standard suit" - with shades on. It has become a custom to dress like the star, donning his trademark glasses, shirts and jackets - and a bald Mansford said his wife had "stuck a bit of mascara" on his greying beard, before fans began "screaming and shouting and running towards me", believing he was the star. His wife Nicole took a video of the fans' reactions, sent it to their daughter Niamh, who posted it on TikTok. The reel has had more than 3.8 million views and has been shared more than 55,000 times. "I had no idea it was going to blow up like that, it's crazy," Mr Mansford added that he was wearing "just a standard suit with shades", but due to being "follically challenged", no bald cap was a bit of fun, he added, "my wife just stuck a bit of mascara on my little beard, to make it darker, as I'm going grey. "I had no idea it was a cult following [to dress like Pitbull]." Mr Mansford said people started to notice the similarities when he was on the train heading to the concert. "As we got closer to the O2 a few more people started shouting at me," he said. "I was sticking my thumbs up, I was loving the attention, and my wife was rolling her eyes. "As we got inside, people were dancing and getting in the vibe, someone must have said 'that's him'." "The next thing - it went mad, everyone was screaming, shouting and running towards me", he said. "I was with my mate Mike [Metrovich], he's an absolute diamond, and he's a personal trainer, so he looks the part and he pretended to be my bodyguard pushing people out the way and saying, 'no, no, no, move back'."He said although he is not a massive fan of the Fireball singer, the concert was "absolutely brilliant, top drawer". Mr Mansford, the manager of a day centre for adults with learning disabilities, said he just "milked the moment for all he could" and the whole experience had been "amazing". Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X.
Telegraph
14 hours ago
- Telegraph
Met Police ‘bravest officer' award winner suspended over alleged sexual assault
A policeman once named the bravest officer in England and Wales has been charged with sexual assault. Sgt Stephen Brown has been suspended by the Metropolitan Police following the alleged incident at Biggleswade railway station in Bedfordshire in November 2019. The 47-year-old, who is reportedly a counter-terrorist specialist firearms officer, will appear at St Albans Crown Court on Sept 1. In 2014, he won a national Police Bravery Award for tackling and disarming a man wielding a samurai sword in north London. Sgt Brown stepped in to stop the man on Christmas Eve 2012, who had stabbed a woman earlier that evening. The attacker repeatedly swung the sword at his face and neck. The Met officer discharged his CS spray into the man's face, before quickly moving towards him and striking his arm with a baton three times while the sword was raised in the air. The man was forced to drop his weapon, with Sgt Brown immediately jumping on top of him to restrain him. The offender continued to struggle violently before backup officers arrived and he was arrested. Officers later discovered the bag he was carrying contained an arsenal of weapons. Not guilty plea Sgt Brown was presented with the bravery award, which is given annually to officers who demonstrate acts of heroism in the course of their duty, by Sir Bernard Hogan-Howe, the then commissioner of the Met Police, at a ceremony in London. Theresa May, the then home secretary, said: 'The actions of Sgt Stephen Brown are a powerful reminder of the commitment and courage that police officers bring to their role. 'Sgt Brown put his own life in danger to defuse a terrifying situation. His intervention protected the public and may well have saved the lives of others.' Sgt Brown, from Bedfordshire, appeared at Stevenage magistrates' court in November, when he entered a plea of not guilty to sexual assault. A Met Police spokesman said: 'We are aware that a serving Met officer has been charged with sexual assault following an alleged incident in November 2019. 'He is currently suspended.'
Daily Mail
14 hours ago
- Politics
- Daily Mail
EXCLUSIVE The 'Farminator' who rounds up illegal migrants: Farmer reveals he dealt with 5,000 stowaways on his land and says Keir Starmer 'treats them like royalty'
A father-of-four dubbed 'the Farminator' for rounding up 50 migrants hiding in his fields every week has hit out at Keir Starmer, claiming the PM 'treats them like royalty'. Chris Gadsden, 70, hit the headlines ten years ago as he collared hundreds of suspected stowaways sneaking into his fields in Bedfordshire. The groups of men had crossed into his farm after being dropped off at the nearby M1 services, following a 125-mile journey from the Dover ferry hidden inside lorries. Chris, who has run the farm for 38 years alongside his wife Lianne, 67, has even found an encampment in the woods close to his home – complete with water bottles and food wrappers showing people had been living there. He says as many as 10 still trespass across his farm every week - equivalent to 5,000 over the past decade. He believes the number is now decreasing because they have found an 'easier' route to get to the UK. Chris told MailOnline: 'They've found another way in where they seem to be more welcomed. They're taking the easy route, coming over on the boats. 'Coming in on boats they are given high vis, taken off to where they need to go, treated like royalty above our own people. 'The country needs someone that actually does something to deter them from coming over, because at the minute it's a free-for-all. 'I'd like to go down to the Houses of Parliament and say my piece there. I would sit there and I'd tell them: 'Face up to reality.' Chris' farm has been a migrant hotbed for more than three decades. He was first alerted to it by police knocking on his door wanting to conduct a survey. On Monday this week, 228 people in four boats successfully made the perilous crossing across the world's busiest shipping lane. The day after a further 489 people in eight boats arrived - pushing the yearly total over 17,000. Photos of migrants on his farm show them trekking through his crops and sheltering from the sun under a bush, while groups of men laugh as they are confronted. In others, a police dog jumps up as cops collar a suspect, while a migrant grins at the camera and offers a cheeky thumbs up from the back of a lorry. Chris now says he is scared for his safety as he nears old age – and the migrants keep on coming. He told MailOnline: 'There are still immigrants coming off. Ten years ago I was younger – now, I don't walk it as far so I don't survey it as much. But they are still coming in. 'It got worse and worse and worse to the extent where it was invading our privacy and our way of life. 'But for me to go out there and look for them now is a bit of a task now. If I jumped on the quad and went around the fields and had a good look, I'd probably find clothes. 'One of my sons, in the second wood around the back, when he walked around it, found an encampment inside. There were bottles of water and that sort of stuff there. 'I feel more threatened now because my abilities are more limited. But don't get me wrong, I wouldn't run. That's a sure fact.' Chris, despite living 125 miles from Dover, has even been forced to brandish a shotgun and shoot into the air after he was confronted with a group of migrants outside his door. Toddington Services is often one of the first stops for lorry drivers coming from the Port of Dover. When he escorted immigrants back to his house, Chris said he would give them food and water as they waited for the authorities. Chris continued: 'I was tolerating them for years, until one day my missus took the dog for a walk down the lane. I was back working on the tractor when she rang me up and said: 'You'd better get round here quick.' 'I went round to the bottom gate and three blokes ran from where she was, and then I ran up the side of the field and stopped all the others. 'That's when it really kicked off. It felt that this was becoming a real threat. They jumped out of lorries and their first stop was the farm, hiding in the barns. 'We did feel threatened at one time. One day I saw lights at our bottom gate. I put the cameras on and there was one minibus parked on the drive, two minibuses down here. A group of men wait for the police in Chris' office. When he escorted immigrants back to his house, Chris said he gave them food and water as they waited for the authorities 'There were all these men blokes who couldn't talk English and they started marching up towards the house – not being funny, I had to put one out. I shot back up into the house and got the shotgun out, came out and let one off in the air. 'My wife was on the phone to the police – they didn't like that I had let a shot off but that was a big threat.' He continued: 'We were breaking the chain from them coming in to where they were trying to go. There used to be a white transit van that would come over and pick them up. 'They'd have a phone number written in on their hand and as soon as they got over here they just rang it.' Chris says that all but one of the migrants he has seen are young men. It comes after Darren Jones, Chief Secretary to the Treasury, sparked fury when he claimed 'the majority of the people in these boats are children, babies and women' – something Chris dismissed as 'not true'. He continued: 'There was only one time that a woman was in the same vicinity, when Somalians came over. Other than that it's all been men. Only men.
Yahoo
a day ago
- Automotive
- Yahoo
Sport Utility Vehicle (SUV) Market Trends, Segmentation and Growth Outlook
Sport Utility Vehicle (SUV) Market Outlook 2025-2034 Luton, Bedfordshire, United Kingdom, June 19, 2025 (GLOBE NEWSWIRE) -- Sport Utility Vehicle (SUV) Market: A 360-Degree Strategic Outlook to 2034 The Sport Utility Vehicle (SUV) market has transformed dramatically over the past two decades. Once regarded as rugged, off-road-capable vehicles for adventurers and outdoor enthusiasts, SUVs have evolved into multifaceted machines catering to families, city commuters, luxury seekers, and now even eco-conscious consumers. From compact and full-size SUVs to high-performance off-roaders and electric crossovers, the SUV segment has fractured into specialized sub-markets, each characterized by its own dynamics, demand patterns, and leading players. Download PDF Brochure: Compact SUV Market Size & Forecast Compact SUVs have become the go-to choice for modern consumers seeking a balance of practicality, affordability, and performance. Their high ground clearance, better visibility, fuel efficiency, and spacious interiors have made them a hit among urban drivers and young families. As of 2024, the global compact SUV market is valued at approximately $400 billion and is forecasted to grow at a CAGR of 6.7%, reaching around $765 billion by 2034. Key Players: Toyota (RAV4), Honda (CR-V), Hyundai (Tucson), Kia (Sportage), Nissan (Rogue), and Mazda (CX-5) dominate the compact SUV landscape. These models are renowned for their fuel efficiency, safety features, and reliability, making them top choices in both developed and emerging markets. Market Segments: Gasoline-powered compact SUVs Hybrid and plug-in hybrid compact SUVs Fleet-oriented urban utility vehicles Growth Drivers: Urbanization in emerging economies Growing middle-class population Demand for affordable family vehicles Download PDF Brochure: Full-size SUV Market Trends Full-size SUVs are symbols of power, comfort, and capability. Typically equipped with larger engines, these vehicles appeal to large families, frequent travelers, and luxury seekers. The market was worth approximately $280 billion in 2024 and is projected to hit $510 billion by 2034, growing at a CAGR of 6.3%. Key Players: General Motors (Chevrolet Tahoe/Suburban, GMC Yukon), Ford (Expedition), Toyota (Land Cruiser, Sequoia), and Nissan (Armada) lead this space. European manufacturers like BMW (X7) and Mercedes-Benz (GLS) are carving out significant luxury niches. Trends Influencing the Market: Integration of advanced driver assistance systems (ADAS) Luxurification of interiors Enhanced towing capacities Electrification of full-size models (e.g., GMC Hummer EV, Rivian R1S) Customer Segments: High-income families Outdoor adventure enthusiasts Executive transport services Download PDF Brochure: Off-road SUV Market Demand The off-road SUV market has seen renewed interest driven by adventure tourism, lifestyle branding, and rugged vehicle advertising campaigns. With an estimated value of $85 billion in 2024, the segment is expected to reach $160 billion by 2034, at a CAGR of 6.4%. Key Players: Jeep (Wrangler, Grand Cherokee Trailhawk), Land Rover (Defender), Toyota (4Runner), Ford (Bronco), and Suzuki (Jimny) dominate the terrain. Key Market Trends: Factory-fitted off-road packages Suspension and clearance upgrades Rugged exterior styling and durable interiors Emergence of electric off-roaders (e.g., Rivian R1T, Bollinger B1) Target Consumers: Outdoor explorers Off-road sports enthusiasts Remote area professionals (e.g., forest rangers, geologists) Download PDF Brochure: Crossovers Market: A Fusion of Comfort and Versatility Crossovers, often referred to as CUVs (Crossover Utility Vehicles), combine the benefits of cars and SUVs. Built on a unibody platform (like a car) but styled like SUVs, crossovers are booming in popularity due to their urban maneuverability and family-friendly features. The global crossover market was valued at $550 billion in 2024 and is anticipated to exceed $1 trillion by 2034, registering a CAGR of 6.6%. Key Players: Toyota (Venza), Honda (HR-V), Hyundai (Santa Fe), Subaru (Outback), and Ford (Edge) are prominent. Leading Trends: Platform sharing among OEMs Hybrid drivetrains Emphasis on infotainment and connectivity Compact AWD systems for light off-roading Customer Profiles: City-based families Young professionals Retired couples seeking versatility Download PDF Brochure: Subcompact Crossover Market Outlook Subcompact crossovers are attracting entry-level buyers and urban commuters. With smaller footprints and lower price points, these models serve as the gateway to the SUV segment. The market size was around $110 billion in 2024, expected to grow to $215 billion by 2034, with a CAGR of 6.8%. Key Players: Hyundai (Venue), Kia (Sonet), Nissan (Magnite), Toyota (Raize), and Ford (EcoSport) are aggressively investing in this segment, especially in Asia-Pacific and Latin America. Key Characteristics: Sub-4-meter lengths High fuel efficiency Appealing exterior styling Minimalist but smart interiors Popular Buyers: First-time car owners Urban millennials Ride-sharing and fleet operators Download PDF Brochure: Luxury Crossovers Market Growth Luxury crossovers have become status symbols, combining the comfort and features of premium sedans with the utility of an SUV. Estimated at $130 billion in 2024, the market is forecast to reach $265 billion by 2034 at a CAGR of 7.2%. Top Manufacturers: BMW (X3, X5), Mercedes-Benz (GLC, GLE), Audi (Q5, Q7), Lexus (RX), and Volvo (XC60, XC90). EV-focused companies like Tesla (Model Y) are reshaping the premium landscape. Segment Differentiators: Cutting-edge tech (ADAS, AR displays) High-quality materials (leather, wood trim) Brand prestige Leasing and subscription model adoption Customer Segments: High-income urbanites Corporate fleets and executive clients Image-conscious professionals Download PDF Brochure: EV Crossovers Market Expansion Perhaps the most dynamic sub-segment is the EV crossover market. Electrification is reshaping the global SUV narrative as governments mandate lower emissions and consumers demand sustainable mobility. Valued at $70 billion in 2024, this segment is projected to skyrocket to $430 billion by 2034, growing at a remarkable CAGR of 19.5%. Leading Players: Tesla (Model Y), Hyundai (Kona Electric, Ioniq 5), Kia (EV6), Ford (Mustang Mach-E), Volkswagen (ID.4), and newcomers like NIO and XPeng are leading the charge. Technological Trends: Long-range batteries (400–600 km) Fast-charging capabilities OTA (Over-the-Air) updates Integrated EV ecosystems (apps, chargers, solar integration) Challenges: Charging infrastructure gaps Battery material supply chains Cost parity with ICE models Download PDF Brochure: Strategic Summary & Conclusion The global SUV market continues to show resilience and adaptability. Driven by diversified demand, technological advancements, and shifting mobility priorities, each SUV sub-segment offers unique growth opportunities. Compact and crossover SUVs dominate volume sales, while full-size and off-road SUVs cater to specialized user bases. Luxury and EV crossovers symbolize the next frontier, blending performance, sustainability, and digital innovation. Cross-Segment Takeaways: Electrification and autonomy will be central to all future SUV innovations. OEMs are increasingly adopting modular platforms to cater to different sub-segments efficiently. Subscription-based ownership models are gaining popularity in urban luxury and electric crossover segments. Emerging markets such as India, Brazil, and Southeast Asia are hotbeds for subcompact and compact SUV expansion. With players ranging from global giants like Toyota and Ford to disruptive entrants like Rivian and NIO, the SUV market's story is one of evolution, diversification, and relentless innovation. Over the next decade, it will remain at the center of the global automotive revolution. Recent Developments: 1. Toyota – Electrification and the New RAV4 Toyota unveiled its sixth‑generation RAV4 in May 2025, marking the first time the model comes fully electrified, with options for a fifth‑generation hybrid (HEV) or sixth‑generation plug‑in hybrid (PHEV). Three distinct design themes—Core, Rugged (Woodland), and Sport (including GR Sport exclusives)—cater to a broader buyer spectrum. Production is scheduled to begin late 2025, with deliveries rolling out in North America and Japan for the 2026 model year, and Europe and Australasia to follow in early 2026. Additionally, Toyota is gearing up to launch the C‑HR+, an electric compact crossover built on e‑TNGA. Slated for a North American debut as early as May 2025 and arriving in Europe later in the year, it's expected to offer up to 600 km WLTP range and AWD performance trims (~338 hp). These moves clearly reflect Toyota's accelerating EV strategy. 2. Tesla – Revamped Model Y and Robotaxi Rollout Tesla's 'Juniper' refresh of the Model Y is rolling out globally, first in China and Australia, with North America and Europe to follow. Highlights include sleeker Cybertruck-inspired styling, full-width LED light bars, reduced drag, quieter cabin (due to acoustic glass), improved ride comfort, and expanded range—up to ~387 mi (~624 km) for the Long‑Range variant. The refreshed interior adds features such as ventilated seats, a rear touch screen, adaptive headlights, and in‑cabin radar for occupant safety. In late June 2025, Tesla plans to pause Austin production of Model Y and Cybertruck for a week of maintenance and line upgrades ahead of a pilot robotaxi service. The rollout will involve 10‑20 self‑driving Model Ys arriving as the first units of Elon Musk's robotaxi vision. Yet concerns persist: activist groups claim Tesla's FSD mistakenly failed to detect child-sized dummies and struck them during tests. Meanwhile, India might soon see its first Tesla drives, as facelifted Model Y test mules were recently spotted near Mumbai – Pune, possibly confirming imminent homologation. 3. Ford – Leveraging Legacy in an EV Future Ford is reviving legend and expanding its EV reach. Europe will see the Capri EV, an electric SUV inspired by its iconic sports car. It offers 627 km range, rapid charging (10–80% in 26 min), and high-end cabin/refinement—all for about €40,300. Ford is also producing the Explorer EV—a compact crossover built on VW's MEB platform and assembled in Cologne, Germany. Since June 2024, orders have been open in Europe, offering RWD and AWD configurations with up to ~522 km WLTP range and 170 kW fast charging. On the internal combustion front, the new fifth‑gen Ford Expedition debuted in October 2024. It introduces the innovative 'Split Gate' tailgate and trims refresh, replacing Timberline with a 'Tremor' off‑road variant. 4. Jeep – Blending Heritage with Electrification Jeep continues to merge off‑road roots with electrification: In India, Jeep launched the limited-run Grand Cherokee Signature Edition priced at ~₹69 lakh (ex‑showroom), featuring exclusive visual upgrades to entice premium buyers. In the U.S., the Wrangler 4xe Willys '41 plug-in hybrid brings a retro military-style theme—a nod to the 1941 Willys MB—with 375 hp and ~21 mi of electric range, listed around $59,930 (plus freight). On the electrified off‑road front, Jeep's all-new Recon EV, a Wrangler-like battery-electric mid‑size SUV, is now in production in Mexico and rolling out globally starting 2025. 5. Hyundai – Software Upgrades and Kona EV Enhancements While inventory moves are quiet in public headlines, Hyundai has been quietly upgrading its Kona EV fleet: European Kona EV owners report faster charging due to enhanced battery cooling logic, improving charging current from 230 A to 260 A and shaving around 3 minutes off charging sessions. Navigation systems received EU-mandated speed-limit assist, better speech recognition, and SoundCloud integration—highlighting Hyundai's investment in over-the-air improvements This report is also available in the following languages : Japanese (スポーツユーティリティビークル（SUV）市場), Korean (스포츠 유틸리티 차량(SUV) 시장), Chinese (运动型多用途车（SUV）市场), French (Marché des véhicules utilitaires sport (VUS)), German (Markt für Sport Utility Vehicles (SUV)), and Italian (Mercato dei veicoli utilitari sportivi (SUV)), etc. Request Sample Pages: More Research Finding – Off-road SUV Market The global off-road SUV market is valued at approximately $54 billion in 2024 and is projected to reach around $85 billion by 2034, reflecting robust growth driven by increasing consumer interest in adventure and outdoor activities. The Compound Annual Growth Rate (CAGR) for this market from 2025 to 2034 is estimated at 4.5%. Full-size SUV Market The global full-size SUV market is valued at approximately $60 billion in 2024, with projections suggesting a market value of around $94 billion by 2034, reflecting significant growth amidst evolving consumer preferences. The forecast period (2025–2034) is anticipated to exhibit a robust Compound Annual Growth Rate (CAGR) of 4.5%, driven by several compelling factors. Compact SUV Market The compact SUV market is projected to reach a valuation of approximately $45 billion in 2024, driven by increasing consumer preference for versatile and fuel-efficient vehicles. Over the forecast period from 2025 to 2034, the market is expected to grow significantly, with an estimated market value of around $75 billion by 2034. This growth translates to a robust Compound Annual Growth Rate (CAGR) of approximately 5.5%. Electric Luxury Vehicle Market The electric luxury vehicle market is poised for significant growth, with a current market value estimated at approximately $62 billion in 2024. This market is projected to expand, reaching around $150 billion by 2034, driven by increasing consumer demand for sustainable transport solutions and advancements in EV technology. The forecast period from 2025 to 2034 is expected to witness a Compound Annual Growth Rate (CAGR) of approximately 10.5%, reflecting strong market potential. Performance Luxury Cars Market The global performance luxury car market is valued at approximately $120 billion in 2024, with projections estimating a significant increase to around $185 billion by 2034. This growth trajectory reflects a Compound Annual Growth Rate (CAGR) of about 4.5% during the forecast period from 2025 to 2034. Ultra-Luxury Car Market The ultra-luxury car market is poised for substantial growth, with a current market value estimated at approximately $20 billion in 2024. Forecasts indicate a market expansion, predicting a valuation of around $35 billion by 2034. This trajectory reflects a robust Compound Annual Growth Rate (CAGR) of approximately 6.2% from 2025 to 2034. Evolution of Luxury Vehicles Market The luxury vehicle market is valued at approximately $500 billion, driven by a growing consumer preference for high-quality, technologically advanced automobiles. The market is poised for substantial growth, with projections estimating a value reaching $750 billion by 2034. This trajectory implies a robust Compound Annual Growth Rate (CAGR) of around 5.5% during the forecast period from 2025 to 2034. Passenger Cars Market The global passenger car market is projected to reach a value of approximately $2.8 trillion in 2024, driven by increasing consumer demand for personal mobility and advancements in electric vehicle (EV) technology. Over the forecast period from 2025 to 2034, the market is anticipated to achieve significant growth, with a projected market value of around $4.5 trillion by 2034. This represents a Compound Annual Growth Rate (CAGR) of approximately 5.5%. Bulletproof Vehicle Market The global bulletproof vehicle market is valued at approximately $3.5 billion, showing robust growth fueled by increasing security concerns and heightened threats in both civilian and government sectors. Looking ahead to the forecast period of 2025–2034, the market is projected to attain a value of around $7 billion, reflecting a Compound Annual Growth Rate (CAGR) of 7.2%. High-end Passenger Cars Market The global high-end passenger car market is valued at approximately $500 billion in 2024 and is projected to reach around $800 billion by 2034. This ambitious growth reflects a compound annual growth rate (CAGR) of about 5.1% over the forecast period of 2025-2034. Car Tents Market The global car tents market is valued at approximately $180 million in 2024, with a projected growth trajectory that anticipates reaching around $310 million by 2034. This market is expected to exhibit a robust Compound Annual Growth Rate (CAGR) of about 5.5% during the forecast period from 2025 to 2034. Europe Roof Racks Market The Europe Roof Racks Market is poised for significant growth, with an estimated value of €1.2 billion in 2024. Projections indicate a robust expansion, reaching approximately €1.9 billion by 2034. This growth reflects a Compound Annual Growth Rate (CAGR) of around 5.5% during the forecast period of 2025-2034. Light Vehicle Market The global light vehicle market is poised for significant growth, with a current market value of approximately $1.6 trillion in 2024. Projections indicate a robust expansion, with the market expected to reach around $2.4 trillion by 2034, driven by increasing consumer demand and technological advancements in electric and autonomous vehicles. Europe Car Rental Market The European car rental market is valued at approximately €17 billion, driven by increasing tourist activity and the rising trend of Shared Mobility services. The market is projected to reach about €24 billion by 2034, reflecting a robust growth trajectory. The anticipated Compound Annual Growth Rate (CAGR) from 2025 to 2034 is estimated at 6.5%, influenced by evolving consumer preferences and advancements in technology. Four-Wheel Drive Vehicles Market The global four-wheel drive (4WD) vehicles market is projected to reach a value of approximately $45 billion in 2024. The market is anticipated to grow robustly, with an estimated compound annual growth rate (CAGR) of 4.5% from 2025 to 2034, potentially reaching around $70 billion by the end of the forecast period. CONTACT: Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
