Global Hypercar Market Outlook, Opportunities And Strategies
Learn about the global hypercar market through The Business Research Company, which provides information on hypercar market size, hypercar market drivers and restraints, hypercar market players, the COVID-19 impact on the hypercar market, and more.
The global hypercar market is expected to grow from $13.23 billion in 2020 to $18.34 billion in 2021 at a compound annual growth rate (CAGR) of 38.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hypercar market is expected to reach $71.05 billion in 2025 at a CAGR of 40.3%.
The increasing sales of luxury cars are expected to drive innovation in hypercar manufacturing, thus driving the market during the forecast period.
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The hypercar market consists of sales of hypercars by entities (organizations, sole traders, and partnerships) that manufacture hypercars. A hypercar is an ultra-modern, high-efficiency, and high-performance vehicle. Hypercar features an ultralight and ultra-aerodynamic design, as well as a hybrid-electric propulsion system that provides extremely high fuel efficiency and minimal emissions.
Global hypercar market segments include:
By Powertrain: Hybrid, Electric, Gasoline
By Technology: Four-Wheel Drive, Four-Wheel Steering, Active Airbrakes, Brake Steering
By Chassis Type: Carbon Fiber, Steel, Aluminum
By Application: Club, Private, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the hypercar market in 2020
The launch of advanced cars is a key trend gaining popularity in the hypercar market. Major companies operating in the hypercar sector are focused on developing advanced hypercars to strengthen their position.
TBRC’s hyper car market report covers:
Major Market Players: Automobiles Ettore Bugatti, Automobili Lamborghini S.p.A., Daimler AG, Ferrari S.p.A., Zenvo Automotive, Koenigsegg Automotive AB, Maserati S.p.A., McLaren Group Ltd., Pagani Automobili S.p.A., Porsche AG, Volkswagen AG, Aston Martin Lagonda Ltd., Mazzanti Automobili, Mercedes-AMG GmbH, Toyota Motor Corporation, and Ultima Sports Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Hypercar Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides hypercar market overviews, analyzes and forecasts market size, share, hypercar market players, hypercar market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s hypercar market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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