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Market research analysts at Technavio predict that the global automotive performance hatchback market will witness the sales of almost 956 thousand units by 2021. The development of advanced technologies in the standard vehicle category is identified as one of the primary growth factors for this market. The engine power and torque capacity in standard models have increased twice the amount compared to the older models. The average power of all models in the standard category now ranges from 100 hp to 150 hp. The technology available in the base vehicles is being upgraded to more advanced options in terms of engine refinement, engine power, engine torque, and transmission. This shifting trend of technology from luxury, premium, and performance segments to the standard volume vehicles depends on the cost of application and the technology optimization requirements. Engine technology has undergone many advancements, which allow it to be modified for higher performance and efficiency with a moderate percentage of vehicle cost. One of the best examples is the Ford Focus SE with 2.0L TI-VCT engine producing 160 hp for a normal hatch, whereas the same engine with booster option in Focus ST comes with an eco-boost advancement and delivers 250 hp of power.
The adoption of high-performance sports-ready technologies in performance hatchback models is one of the latest trends that will contribute to the growth of this market in the forthcoming years. Technologies such as booster jet, forced fuel injection, lightweight moving engine components chassis load transfer path technology, traction control, and dynamic suspension are present in the high-performance hatchback cars. OEMs such as Mercedes-Benz and BMW are re-inventing their performance hatchbacks to enter the low-volume market. This trend is expected to continue in other performance categories as well during the forecast period, which will subsequently drive the growth of the high performance hatchback cars market.
The automotive performance hatchback market consists of many established manufacturers and vendors. Daimler is one of the key vendors that develops, manufactures, distributes, and sells a wide range of automotive products, mainly passenger cars, vans, trucks, and buses. The company is also focusing on providing financial services relating to its automotive businesses. Moreover, Daimler is also concentrating on developing its leadership in fields such as autonomous driving, safety, drive system technology, and connected vehicles.
The leading vendors in the market are -
The other prominent vendors in the market are BMW, Renault, and Audi.
During 2016, the eco-performance segment accounted for the major shares of the automotive performance hatchback market. Benefits such as the lower price and lesser CO2 emissions and the high market penetration, will contribute to the growth of this industry segment in the high performance hatchback cars market in the coming years.
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the automotive performance hatchback market throughout the forecast period. The presence of leading automotive manufacturers actively involved in international racing championships and the trending local motorsports, will drive the growth of the high performance hatchback cars market in this region.
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Performance hatchback is a car body style of high-performance derivative consisting of three or five-door hatchbacks. This upcoming market report on the global automotive performance hatchback market offers insights into the key trends and emerging drivers persuading the growth of the automotive industry. Our market research reports for the automotive industry offer an analysis of fast growing market segments like automotive manufacturing and follow a thorough data collection methodology.
Additionally, by applying an extensive research approach of quantitative and qualitative data collection methods and evaluating the changing demand-supply landscape of the automotive manufacturing sector, the upcoming market research report on the global automotive performance hatchback market offers insights into the key market drivers, trends, and eminent challenges that will influence the growth of the key suppliers in this market space. This market study also offers a comprehensive analysis of various automotive manufacturing services based on the interpretation of the information collected from specific resources such as channel partners and market stakeholders. This upcoming market research report on the global automotive performance hatchback market also covers vendors like Audi, BMW, Mercedes, Ford, Honda, Volkswagen, Peugeot, Renault, Nissan, SEAT, Fiat, Mini, Skoda.
This upcoming industry report on the global automotive performance hatchback market also considers the growth of the related automotive manufacturing markets such as the articulated bus, which is expected to grow at a CAGR of more than 20% during the forecasted period. Additionally, to offer clients the opportunity to identify potential market prospects and expand in niche markets, this report on the global automotive performance hatchback market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for the global automotive performance hatchback market also categorizes the key drivers, major trends, as well as the constraints that the automotive manufacturing sector currently experiences. It also presents visions into the rapidly changing competitive scenario to give clients an accurate picture of the approaching events within the automotive industry. Technavio also provides deep-dive market assessments into the industries such as automotive electronics and wheels and tires.
Executive summary
Scope of the report
Research Methodology
Introduction
Market landscape
Market segmentation by geography
Market segmentation by performance
Decision framework
Drivers and challenges
Market drivers
Market challenges
Market trends
Vendor landscape
Appendix
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