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Hyper Car Market Research Report - Global Forecast till 2027

Global Hyper Car Market Research Report: Information by Propulsion (ICE Vehicle, Electric Vehicle and Hybrid Vehicle), by Application (Racing Competition, Entertainment and others) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027

ID: MRFR/AM/6473-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


The global Hyper car market is currently holding a value of almost 13.93 billion USD, which is a sustainable value. The hypercar Market Growth is expected to be more than 34.5% in the forecast period 2020-2027. I give a brief introduction about the market; hyper cares are the highly efficient cares that provide safe and budget-friendly efficiency. It is also expected that the hypercar market Outlook will touch almost three to four times increase in the fuel economy, which will bring along the protection of the amenities and much more affordability. Apart from the beautiful aerodynamics, these cars have effective propulsion, and weight management has surpassed motorway speeds. Currently, there are only 1% of luxury cars. The automotive industry has been moving towards making ultra-lightweight cars that are creative and affordable, and this is the primary factor that would lead to the growth of the global hypercar market Share.


COVID -19 analysis


There is nothing more heartbreaking than the fact that the pandemic has bought about a change in the lives of every living being on this planet. Business has been affected similarly. The corona period is something that no one would ever forget in this lifetime. Lockdowns quickly spread, and much more have affected the business to the extent that many of them have to be closed down due to high losses. But life has to move on, and there needs to be a way where they can restart from scratch, obviously with an experience this time, or mend the already running business with proper guidance. The reports provided to them have all the necessary information that the companies would need to get back on track. Starting from the hypercar market Trends, current situation, to the competitor's status; everything has been provided in detail. All this is a result of the detailed study and analysis by the analysts. 


Market Dynamics


The hypercar market Growth is substantially going to increase by almost 1880 units during the year 2021-2025. Sideways, the CAGR of the market is also expected to be at 34.5%. The report provided on the hypercar market Revenue has the extensive research that has been done primarily. This is also accompanied by the analysis of the quantitative and the qualitative aspect in detail. The analysts and the hypercar Industry experts are the ones who have prepared the in-depth analysis, which is beneficial for the companies. The reports also provide a clear picture of the hypercar market Revenue, which also has the history of the previous forecasts regarding the hypercar market Analysis, size, volume, and value. The technological advancements, governing factors of the market, and macroeconomics have also been considered while preparing the reports. The discussion about the strategies followed b tie top companies has also been included.


Regulatory implications


Various government bodies across the globe have laid down distinct regulations to the supercar market, which is one of the significant factors affecting the hypercar Market Trends. A highly luxurious model was supposed to be launched by one of the primary critical players in the market, McLaren, in 2018. Still, due to strict regulations by the Australian design rules, it could not happen. Moreover, the prices of these hypercars are something that needs a high budget. Hence everyone can't go with these. Subsequently, and these cars lie in the luxury asset criteria. The industry is regularly working to make sure that the costs are reduced to be made available to everyone. The hypercar Industry's paradigm shift has shifted towards developing and electrifying cars to minimize the harmful impacts on the environment and boost hypercar Market Value.


Segment overview


The hypercar market is subdivided into two major segments


Based on propulsion:
This is further categorized into the following:




  1. Electric vehicles




  2. ICE vehicles




  3. Hybrid vehicles




Base on application:
This segment is further divided into:




  1. Racing competition




  2. Entertainment




  3. Others




Regional analysis


Based on the regions, the market is divided into following 




  • Europe




  • North America




  • Asia Pacific




  • Rest of the world




The region that is expected to dominate the hypercar market Size is Europe. The primary reasons behind the growth are the increased investments in development and research areas to manufacture high-quality hypercars. Also, there has been a substantial increase in the demand for luxury cars.


The region that is expecting the fastest growth in the hypercar market Value in Asia pacific. Technology innovation, commercialization of hypercars, and testing in the area have increased many folds, resulting in the region's fast growth. Not only this, but automotive OEM has also increased in the region, and subsequently, it is expecting high-speed growth in the market.


Competitive landscape


The key players in the hypercar market include


Rimac Automobili, which is a South Korean company, Automobili Lamborghini S.p.A is based in Italy, Koenigsegg Automotive AB, a company based in Sweden, Jaguar Land Rover Automotive PLC, a US-based company, BMW AG, a German company, Zenvo Automotive A/S, which is a company based in Denmark and many more.


Recent development


Here is the list of recent developments in the hypercar market:




  1. In the year 2019, a new showroom was opened in Riga by Mc Karen automotive. This has been known to be a milestone in the exact mansion of the company in eastern Europe. Riga is the largest state in the Baltic city, which has to lead to the expansion of the hypercar market Size to a great extent for the company.




  2. 2018 in March, the Senna car was unveiled by McLaren, which is till dare the slightest car with exceptional features like 800PS of power output, Raceactive chassis control 2, active front and rear aerodynamics, and much more.




  3. Ferrari announced the introduction of its first series PHEV in May 2019, the SF90 Stradale. It has a turbo engine that is capable of giving 780cv output, which is, in fact, the highest output of any eight cylinders. The rest of the 220cv is provided by the other three electric motors.




  4. Mercedes AMG one hypercar was introduced by Mercedes AMG GmbH in September 2018, which has features like 100hp power, paddle operated gearbox, and supports the rear suspension along with the engine.




  5. Bugatti Divo was introduced by Bugatti in August 2018 in the event The Quail. An eight-liter W16 engine powers the hypercar. The aerodynamics have been finely tuned and are very light in weight, though the maximum speed is limited to 380km\hr.




Report overview


With a high CAGR of 34.5% over the forecast period, the global hypercar market Share is experiencing high and significant growth. The growth is mainly due to the increase in the demand for comfortable and sophisticated vehicles. These cars are incredibly light in weight and are powered by an all-wheel system if driving. These also offer ample car horsepower combined with a scheme called turbocharging that helps the cars achieve high speeds. Also, the racing experience's preference has been increasing in the young generation, which is also another reason for the growth of the hypercar market Outlook in the forecast period. Hypercars can also achieve high-level fuel economy, which is three to four times more than the others. Improve efficiency, safe amenities, and affordability are what the manufacturers are looking at currently in the hypercar market Analysis. The automotive industry is aiming at designing and producing the vehicle that is ultra-light in weight.



Frequently Asked Questions (FAQ) :

The growth rate attained by the market in the near future can be 9.3%.

Increasing construction of ultra-light weight vehicles with the latest technologies and unique designs along with the mounting demand for luxury vehicles ensure that the market has a remarkable growth in the review timeframe.

Rimac Automobili (South Korea), Koenigsegg Automotive AB (Sweden), BMW AG (Germany), Aston Martin Lagonda Global Holdings plc (UK), Maserati (Italy), BUGATTI AUTOMOBILES S.A.S. (France), DescriptionPagani Automobili S.p.A. (Italy), Zenvo Automotive A/S (Denmark), Dr. Ing. h.c.F. Porsche AG. (Germany), McLaren Automotive (UK), Ferrari S.p.A. (Italy), Jaguar Land Rover Automotive PLC (US), Automobili Lamborghini S.p.A. (Italy), are the significant vendors in the global market.

Electric vehicles, ICE vehicle, as well as hybrid vehicle are the types of propulsion in the market.

North America, Europe, Asia-Pacific, and the rest of the world are the regions where the market can note strong growth in the future

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Technology Trends

5. Global Hyper Car Market, by Propulsion

5.1. Introduction

5.2. ICE Vehicle

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast, by Region, 2020-2027

5.3. Electric Vehicle

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast, by Region, 2020-2027

5.4. Hybrid Vehicle

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast, by Region, 2020-2027

6. Global Hyper Car Market, by Application

6.1. Introduction

6.2. Racing Competition

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast, by Region, 2020-2027

6.3. Entertainment

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast, by Region, 2020-2027

6.4. Others

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast, by Region, 2020-2027

7. Global Hyper Car Market, by Region

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, by Country, 2020-2027

7.2.2. Market Estimates & Forecast, by Propulsion, 2020-2027

7.2.3. Market Estimates & Forecast, by Application, 2020-2027

7.2.4. US

7.2.4.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.2.4.2. Market Estimates & Forecast, by Application, 2020-2027

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.2.5.2. Market Estimates & Forecast, by Application, 2020-2027

7.3. Europe

7.3.1. Market Estimates & Forecast, by Country, 2020-2027

7.3.2. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.3. Market Estimates & Forecast, by Application, 2020-2027

7.3.4. UK

7.3.4.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.4.2. Market Estimates & Forecast, by Application, 2020-2027

7.3.5. Germany

7.3.5.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.5.2. Market Estimates & Forecast, by Application, 2020-2027

7.3.6. France

7.3.6.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.6.2. Market Estimates & Forecast, by Application, 2020-2027

7.3.7. Italy

7.3.7.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.7.2. Market Estimates & Forecast, by Application, 2020-2027

7.3.8. Rest of Europe

7.3.8.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.3.8.2. Market Estimates & Forecast, by Application, 2020-2027

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast, by Country, 2020-2027

7.4.2. Market Estimates & Forecast, by Propulsion, 2020-2027

7.4.3. Market Estimates & Forecast, by Application, 2020-2027

7.4.4. China

7.4.4.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.4.4.2. Market Estimates & Forecast, by Application, 2020-2027

7.4.5. Japan

7.4.5.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.4.5.2. Market Estimates & Forecast, by Application, 2020-2027

7.4.6. India

7.4.6.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.4.6.2. Market Estimates & Forecast, by Application, 2020-2027

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.4.7.2. Market Estimates & Forecast, by Application, 2020-2027

7.5. Rest of the World

7.5.1. Market Estimates & Forecast, by Region, 2020-2027

7.5.2. Market Estimates & Forecast, by Propulsion, 2020-2027

7.5.3. Market Estimates & Forecast, by Application, 2020-2027

7.5.4. Middle East & Africa

7.5.4.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.5.4.2. Market Estimates & Forecast, by Application, 2020-2027

7.5.5. Latin America

7.5.5.1. Market Estimates & Forecast, by Propulsion, 2020-2027

7.5.5.2. Market Estimates & Forecast, by Application, 2020-2027

8. Competitive Landscape

9. Company Profile

9.1. Ferrari S.p.A. (Italy)

9.1.1. Company Overview

9.1.2. Products/Services Offered

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. Key Strategies

9.1.6. SWOT Analysis

9.2. Dr. Ing. h.c.F. Porsche AG. (Germany)

9.2.1. Company Overview

9.2.2. Products/Services Offered

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. Key Strategies

9.2.6. SWOT Analysis

9.3. Koenigsegg Automotive AB (Sweden)

9.3.1. Company Overview

9.3.2. Products/Services Offered

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. Key Strategies

9.3.6. SWOT Analysis

9.4. Automobili Lamborghini S.p.A. (Italy)

9.4.1. Company Overview

9.4.2. Products/Services Offered

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. Key Strategies

9.4.6. SWOT Analysis

9.5. DescriptionPagani Automobili S.p.A. (Italy)

9.5.1. Company Overview

9.5.2. Products/Services Offered

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. Key Strategies

9.5.6. SWOT Analysis

9.6. BUGATTI AUTOMOBILES S.A.S. (France)

9.6.1. Company Overview

9.6.2. Products/Services Offered

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. Key Strategies

9.6.6. SWOT Analysis

9.7. Maserati (Italy)

9.7.1. Company Overview

9.7.2. Products/Services Offered

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. Key Strategies

9.7.6. SWOT Analysis

9.8. McLaren Automotive (UK)

9.8.1. Company Overview

9.8.2. Products/Services Offered

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. Key Strategies

9.8.6. SWOT Analysis

9.9. Zenvo Automotive A/S (Denmark)

9.9.1. Company Overview

9.9.2. Products/Services Offered

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. Key Strategies

9.9.6. SWOT Analysis

9.10. Aston Martin Lagonda Global Holdings plc (UK)

9.10.1. Company Overview

9.10.2. Products/Services Offered

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. Key Strategies

9.10.6. SWOT Analysis

9.11. Rimac Automobili (South Korea)

9.11.1. Company Overview

9.11.2. Products/Services Offered

9.11.3. Financial Overview

9.11.4. Key Developments

9.11.5. Key Strategies

9.11.6. SWOT Analysis

9.12. Jaguar Land Rover Automotive PLC (US)

9.12.1. Company Overview

9.12.2. Products/Services Offered

9.12.3. Financial Overview

9.12.4. Key Developments

9.12.5. Key Strategies

9.12.6. SWOT Analysis

9.13. BMW AG (Germany)

9.13.1. Company Overview

9.13.2. Products/Services Offered

9.13.3. Financial Overview

9.13.4. Key Developments

9.13.5. Key Strategies

9.13.6. SWOT Analysis

 

List of Tables

Table 1 Global Hyper Car Market, by Region, 2020-2027

Table 2 North America: Hyper Car Market, by Country, 2020-2027

Table 3 Europe: Hyper Car Market, by Country, 2020-2027

Table 4 Asia-Pacific: Hyper Car Market, by Country, 2020-2027

Table 5 Rest of the World: Hyper Car Market, by Region, 2020-2027

Table 6 Global Hyper Car Market, by Propulsion, by Region, 2020-2027

Table 7 North America: Hyper Car Market, by Propulsion, by Country, 2020-2027

Table 8 Europe: Hyper Car Market, by Propulsion, by Country, 2020-2027

Table 9 Asia-Pacific: Hyper Car Market, by Propulsion, by Country, 2020-2027

Table 10 Rest of the World: Hyper Car Market, by Propulsion, by Region, 2020-2027

Table 11 Global Hyper Car Market, by Application, by Region, 2020-2027

Table 12 North America: Hyper Car Market, by Application, by Country, 2020-2027

Table 13 Europe: Hyper Car Market, by Application, by Country, 2020-2027

Table 14 Asia-Pacific: Hyper Car Market, by Application, by Country, 2020-2027

Table 15 Rest of the World: Hyper Car Market, by Application, by Region, 2020-2027


List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Hyper Car Market Share, by Propulsion, 2020 (%)

Figure 9 Global Hyper Car Market, by Propulsion, 2020-2027 (USD Million)

Figure 10 Global Hyper Car Market Share, by Application, 2020 (%)

Figure 11 Global Hyper Car Market, by Application, 2020-2027 (USD Million)

Figure 12 Global Hyper Car Market Share (%), by Region, 2020

Figure 13 Global Hyper Car Market, by Region, 2020-2027 (USD Million)

Figure 14 North America: Hyper Car Market Share (%), 2020

Figure 15 North America: Hyper Car Market, by Country, 2020-2027 (USD Million)

Figure 16 Europe: Hyper Car Market Share (%), 2020

Figure 17 Europe: Hyper Car Market, by Country, 2020-2027 (USD Million)

Figure 18 Asia-Pacific: Hyper Car Market Share (%), 2020

Figure 19 Asia-Pacific: Hyper Car Market, by Country, 2020-2027 (USD Million)

Figure 20 Rest of the World: Hyper Car Market Share (%), 2020

Figure 21 Rest of the World: Hyper Car Market, by Region, 2020-2027 (USD Million)