Uploaded on Jun 17, 2020
The global hypercar market size is expected to reach USD 110.9 billion by 2026 according to a new study by Polaris Market Research
Hypercar Market Size Worth $110.9 Billion By 2026 | CAGR: 34.5%
Hypercar Market
Set to Exceed USD 110.9 billion by 2026 | CAGR 34.5%
“Global Hypercar Market Share, Size, Trends,
Industry Analysis Report By Powertrain (Gasoline,
Hybrid/Electric); By Regions, Segments Forecast,
2020 - 2026”
Hypercar Market Estimate & Forecast to 2026
The global hypercar market size is expected to reach USD 110.9 billion by 2026 according to
a new study by Polaris Market Research.
The automobile industry concentrates on ultra-light construction of vehicles. The primary
driving force in hyper cars will also be advanced technology, racing experiences, creative
design and unique design. During the forecast period, shifting the client preference for high-
performance vehicles as a sign of the status will influence product development. The
increase in the production of hybrid / electric vehicles that are extremely clean, safe and fuel
efficient will encourage product requirements. However, these vehicles are very expensive
than their homes, so they are not available to everyone. This can hinder the sector’s growth
during the forecast period.
Competition among super sports car manufacturers is the primary factors driving the
development of the hypercar industry. One of the driving factors that drive demand for
luxury, intermediate and sports vehicles worldwide is improving socio-economic conditions
in many countries. Furthermore, as the disposable income of clients increases, they are now
ready to spend more on the purchase of a vehicle and the autocar sector has started to
invest significantly on creating hypercars to enhance their brand names on the market.
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Hypercar Market Scope
By Powertrain By Region Report Attributes
Gasoline North America Historic year: 2015-2018
Hybrid/Electric Europe Base year: 2019
Asia Pacific Forecast Year: 2020-2026
Latin America Middle East & Africa Revenue (USD Billion)
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Hypercar Market Estimate & Forecast to 2026
Europe is a worldwide leader in hypercar production, where Italy, Germany and the United
Kingdom, are the top three hypercar producers. Some of the world’s top brands are in the
region, which are Europe’s main manufacturers of hypercars. North America is anticipated
to be the next major hypercar production area, as there are brands like Ford that generate
hypercars in the United States. Japan manufactures many economical vehicles instead of
hypercars, but some vehicles are the biggest rivals for other hypercars. Over the forecast
period, important investment in the market for advanced technology hyper vehicle research
and development will be made by the national automotive industry. The presence of sports
car manufacturers such as Porsche, Aston Martin, Briggs and McLaren will encourage
product development.
The primary industry players include Ferrari, Automobili Lamborghini, Porsche, Pagani
Automobili, Bugatti, Koenigsegg, Daimler Group, Maserati, McLaren, Hennessey
Performance Engineering, and Zenvo. Because of the existence of a few well-established
players including OEMs providing superior quality in their cars, the hypercar industry seems
to be competitive. With the increasing popularity of these cars, competition among players
in this industry is anticipated to intensify during the forecast period. Automotive companies
invest strongly in sophisticated systems studies and development to satisfy customer
demand for high-performance hyper cars.
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Hypercar Market Share
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
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