Hypercar Market by Powertrain Type and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR40811
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The hypercar market has the potential to grow by 1880 units during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 32.62%.

This hypercar market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by powertrain type (gasoline and hybrid/electric) and geography (Europe, APAC, North America, MEA, and South America). The hypercar market report also offers information on several market vendors, including Aston Martin Lagonda Ltd., Daimler AG, Ferrari NV, Koenigsegg Automotive AB, McLaren Group Ltd., Pagani Automobili Spa, Rimac Automobili, Toyota Motor Corporation, Volkswagen AG, and Zenvo Automotive AS among others.

What will the Hypercar Market Size be in 2021?

Hypercar-Market-Market-Size-2020-2025

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Hypercar Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increase in racing events is notably driving the hypercar market growth, although factors such as high cost associated with manufacturing and ownership may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the hypercar industry get your FREE report sample now.

  • The increase in racing events will be a significant factor in driving the growth of the hypercar market.
  • With the rising popularity of car racing, the number of racing events being organized across the world has also increased.
  • Racing events such as Formula 1, MotoGP, NASCAR racing, World Endurance Championship (WEC), and rally sports have a large fan base.
  • The popularity of drag racing or street racing is also growing.
  • Racing teams use high-performance cars and hypercars in such racing events.
  • Hence, with increasing racing events, the demand for hypercars will also grow during the forecast period.
  • The automotive industry is adopting new processes, materials, and advanced technologies to optimize the overall automotive design and functions.
  • Automotive vendors are using various sensors to provide blind-spot monitoring, adaptive control, and self-parking capabilities in their vehicles.
  • The use of AI technology in the development of autonomous hypercars, which is one of the critical hypercar market trends, will enable driver assistance and blind-spot monitoring.
  • The C-Two hypercar developed by Rimac has AI functionalities and features blind-spot monitoring, lane-keep assist, and fully adaptive cruise control with traffic pilot functionality.

This hypercar market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Hypercar Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aston Martin Lagonda Ltd.
  • Daimler AG
  • Ferrari NV
  • Koenigsegg Automotive AB
  • McLaren Group Ltd.
  • Pagani Automobili Spa
  • Rimac Automobili
  • Toyota Motor Corporation
  • Volkswagen AG
  • Zenvo Automotive AS

 

The hypercar market is fragmented and the vendors are deploying growth strategies such as product development to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hypercar market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hypercar Market?

Hypercar-Market-Market-Share-by-Region-2020-2025

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42% of the market’s growth will originate from Europe during the forecast period. The UK and France are the key markets for hypercars in Europe. Market growth in Europe will be faster than the growth of the market in other regions.

The presence of major hypercar manufacturers and their initiatives to launch new hypercars will facilitate the hypercar market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Hypercar Market?

Hypercar-Market-Market-Share-by-Powertrain Type-2020-2025

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Most of the hypercar manufacturers offer forced induction systems along with high-performance engines in their vehicles. Market vendors are also offering gasoline engines with electric engines to make electric hypercars run longer. These factors are expected to drive the hypercar market growth in the gasoline powertrain type segment.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the hypercar market size.

 

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What are the Key Factors Covered in this Hypercar Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hypercar market growth during the next five years
  • Precise estimation of the hypercar market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hypercar industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hypercar market vendors

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Hypercar Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 33%

Market growth 2021-2025

1880.00 units

Market structure

Fragmented

YoY growth (%)

16.83

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

Europe at 42%

Key consumer countries

UK, US, Germany, Italy, France, and Switzerland

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aston Martin Lagonda Ltd., Daimler AG, Ferrari NV, Koenigsegg Automotive AB, McLaren Group Ltd., Pagani Automobili Spa, Rimac Automobili, Toyota Motor Corporation, Volkswagen AG, and Zenvo Automotive AS

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The hypercar market growth will increase by $1880.00 units during 2020-2025.
The hypercar market is expected to grow at a CAGR of 32.62% during 2020-2025.
Technavio has segmented the hypercar market by other1 (Gasoline and Hybrid/electric) and geographic (Europe, APAC, North America, MEA, and South America).
Aston Martin Lagonda Ltd., Daimler AG, Ferrari NV, Koenigsegg Automotive AB, McLaren Group Ltd., Pagani Automobili Spa, Rimac Automobili, Toyota Motor Corporation, Volkswagen AG, Zenvo Automotive AS are a few of the key vendors in the hypercar market.
Europe will register the highest growth rate of 42.18% among the other regions. Therefore, the hypercar market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
  • UK
  • US
  • Germany
  • Italy
  • France
  • Switzerland
The key factors driving the hypercar market growth are:
  • Increase in racing events
The hypercar market vendors should focus on grabbing business opportunities from the gasoline segment as it accounted for the largest market share in the base year.
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