Hypercar Global Market Report 2023

“Hypercar Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on hypercar market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for hypercar? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The hypercar market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Powertrain: Hybrid; Electric; Gasoline

2) By Technology: Four-Wheel Drive; Four-Wheel Steering; Active Airbrakes; Brake Steering

3) By ChassisType: Carbon Fiber; Steel; Aluminum

4) By Application: Club; Private; Other Applications

Companies Mentioned: Automobiles Ettore Bugatti; Automobili Lamborghini S.p.A.; Daimler AG; Ferrari S.p.A.; Koenigsegg Automotive AB

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the hypercar market are: 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.

The global hypercar market grew from $26.54 billion in 2022 to $37.76 billion in 2023 at a compound annual growth rate (CAGR) of 42.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hypercar market is expected to grow to $139.43 billion in 2027 at a CAGR of 38.6%.

The hypercarmarket consists of sales of high-performance sports car and luxurious cars.Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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.

Europe was the largest region in the hypercar market in 2022. Asia-Pacific is expected to be the fastest region in the forecast period. The regions covered in the hypercar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The main types of powertrains in hypercar are hybrid, electric, and gasoline. The electric powertrain system in a hypercar is a combination of an internal combustion engine with electrical components such as electric motor and power electronics. The different technologies include four-wheel drive, four-wheel steering, active airbrakes, brake steering. The various types of chassis involve are carbon fiber, steel, aluminum and are used in clubs, private, and others.

The increasing sales of luxury cars are expected to propel the growth of the hypercar market in the coming years. Luxury brands have a greater perceived worth than other corporations, therefore businesses are aiming to improve their luxury vehicle sales during auto shows. A hypercar is one of the most advanced and high-performance luxury cars on the market recently. According to the Auto news, U.S. luxury car brands delivered 2.2 million vehicles accounting for 14.7% of total U.S. light-vehicle sales. The luxury car industry in the U.S grew by 13% as compared to 2021 while the overall industry grew only 3.3% as compared to 2021. Therefore, the increasing sales of luxury cars drive the growth of the hypercar market.

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. For instance, in March 2020, Koenigsegg Automotive AB, a Sweden-based manufacturer of high-performance sports cars launched a hypercar Koenigsegg Gemera. It is the world's first four-seater hypercar, with a carbon fiber chassis powered by three electric motors with a total output of 1677 horsepower and a turbocharged 2.0-liter inline-three engine with 592 horsepower. It employs Freevalve technology, which activates intake and exhaust valves via solenoids. This combined with cylinder deactivation reduces fuel consumption, claiming that the three-cylinder is 20% more fuel-efficient than a typical 2.0-liter four-cylinder.

In March 2021, Porsche AG, a German automobile manufacturer has acquired an additional 8.5% stake in Rimac Automobili for the amount of $83.3 million. Before this, Porsche AG already owned a 15.5% stake in Rimac Automobili. The deal would enhance Porsche AG with highly innovative series components including batteries and EV parts. Rimac Automobili, a Croatia-based electric hypercar manufacturer and EV component supplier for the automotive industry.

The countries covered in the hypercar market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The hypercar market research report is one of a series of new reports from The Business Research Company that provides hypercar market statistics, including hypercar industry global market size, regional shares, competitors with a hypercar market share, detailed hypercar market segments, market trends and opportunities, and any further data you may need to thrive in the hypercar industry. This hypercar market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.