Reports
Global Hypercar Market: Country Overview; Key Segmentation and Scope; by Type; Industry Highlights; Opportunities and Challenges; Properties and Applications; Market Analysis; Regional Analysis; Market Dynamics; Value Chain Analysis; Trade Data Analysis; Competitive Landscape; Industry Events and Developments; Market Forecast, 2024-2032
Hypercar Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices
The global Hypercar market reached a value of about USD 972.3 million in 2021. The industry is projected to grow at a CAGR of around 4% in the forecast period of 2022-2027 to reach a value of about USD 1202.1 million by 2027.
The global Hypercar industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing popularity of hypercars among individuals primarily drives the market's growth. Europe and North America are the highest category spender by region, driving the demand for the Hypercar industry.
Industry Definition and Segmentation
A hypercar is a super-lightweight, high-performance, ultra-modern vehicle with an aerodynamic design, minimal drag characteristics, and excellent fuel efficiency. It is a high-performance sports automobile with minimal weight components, fuel cell charging, and other features that allow it exceptional performance in driving and other areas. It includes computerised controllers and temperature control systems. The Hypercar industry report comprises segments by Engine Size (Compact-Size (Below 1499 cc Engine), Mid-Size (1500 to 2499 cc Engine), Full-Size (Above 2500 cc Engine), by Powertrain (Hybrid, Electric, Gasoline), by speed (Low Speed (Up to 211 Mph), Medium Speed (Up to 221 Mph), High Speed (Up to 231 Mph), by Chassis Type (Carbon Fibre, Steel, Aluminium), by Tyre Type (Run-Flat, High Speed) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
Europe and North America Regions are Driving the Growth of the Industry
Europe and North America hold the largest share in the industry due to the increased penetration of the product and growing purchase rates within the regions. In addition, the countries Italy, Germany, and the United Kingdom are among the top manufacturers of the commodity in Europe, and they are progressively supporting the market's expansion. Also, the industry's growth is aided by the presence of the industry's leading firms in both the European and North American areas.
The market is being driven by the growing popularity of hypercars among automobile enthusiasts. The rapidly developing automobile industry, paired with the expanding use of hypercar technology, is propelling the industry's expansion. Furthermore, the extensive Consumer knowledge of hypercar characteristics such as reduced braking distances, nimble handling, energy absorption technology, accurate maneuvering, accident management technology, and others boost sales in the sector. Also, the rising demand for high-performance automobiles in developing nations is projected to help the industry in the future years.
Best Procurement Practices
The global Hypercar industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Hypercar regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.
Category Management Studies
Hypercars are limited-edition automobiles with a sporty appearance and exaggerated performance that significantly outstrip typical sports cars. Hybrid, electric, and gasoline hypercars are the most common. A hypercar's electric powertrain combines an internal combustion engine with electrical components such as electric motor and power electronics.
Changes in Lifestyle, Further Augmenting the Procurement of Hypercar
The industry is witnessing growth due to the rising sales of luxury automobiles. Luxury brands have a higher perceived value than other firms, and companies are seeking to increase luxury car sales at auto shows. Other factors such as disposable income rises, technological innovation, and risk reduction in terms of short braking distance, crash handling, and agile handling likely bolster the market's expansion. Also, an increase in the production of ultra-clean, secure, and efficient hypercars in emerging nations would boost demand for the product and give profitable chances for the hypercar industry.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
Key Industry Players Mentioned in the Hypercar Industry Report
- Automobili Lamborghini S.p.A.
- Daimler AG.
- Koenigsegg Automotive AB
- Bugatti Automobiles S.A.S.
- Dr. Ing. hc F. Porsche AG
Market Landscape
The introduction of sophisticated vehicles is a crucial trend gaining traction in the hypercar industry. To enhance their position in the hypercar market, significant businesses are concentrating on producing innovative hypercars.
Key Initiatives by Companies
- The Koenigsegg Gemara hypercar was unveiled in March 2020 by Koenigsegg Automotive AB, a Swedish maker of high-performance sports automobiles. It is the world's first four-seater hypercar, with a carbon fibre chassis and a turbocharged 2.0-litre inline-three engine with 592 horsepower. Freevalve technology is used, which uses solenoids to actuate the intake and exhaust valves. When paired with cylinder deactivation, the three-cylinder claims to be 20% more fuel-efficient than a standard 2.0-litre four-cylinder.
- Porsche AG, a German automaker, paid USD 83.3 million in March 2021 to purchase an additional 8.5 percent share in Rimac Automobili. Porsche AG already held 15.5 percent of Rimac Automobili before this. The agreement will provide Porsche AG with cutting-edge series components, including batteries and electric vehicle components. Rimac Automobili is an electric hypercar manufacturer and supplier for the automobile industry situated in Croatia.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Hypercar Market Analysis
8.1 Key Industry Highlights
8.2 Global Hypercar Historical Market (2017-2021)
8.3 Global Hypercar Market Forecast (2022-2027)
8.4 Global Hypercar Market by Engine Size
8.4.1 Compact-Size (Below 1499 cc Engine)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Mid-Size (1500 to 2499 cc Engine)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Full-Size (Above 2500 cc Engine)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Hypercar Market by Powertrain
8.5.1 Hybrid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Electric
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Gasoline
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Hypercar Market by Speed
8.6.1 Low Speed (Up to 211 Mph)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Medium Speed (Up to 221 Mph)
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 High Speed (Up to 231 Mph)
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.7 Global Hypercar Market by Chassis Type
8.7.1 Carbon Fibre
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Steel
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Aluminium
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.8 Global Hypercar Market by Tyre Type
8.8.1 Run Flat
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2017-2021)
8.8.1.3 Forecast Trend (2022-2027)
8.8.2 High Speed
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2017-2021)
8.8.2.3 Forecast Trend (2022-2027)
8.9 Global Hypercar Market by Region
8.9.1 Market Share
8.9.1.1 North America
8.9.1.2 Europe
8.9.1.3 Asia Pacific
8.9.1.4 Latin America
8.9.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Company Profiles
11.3.1 Automobili Lamborghini S.p.A.
11.3.1.1 Company Overview
11.3.1.2 Product Portfolio
11.3.1.3 Demographic Reach and Achievements
11.3.1.4 Certifications
11.3.2 Daimler AG.
11.3.2.1 Company Overview
11.3.2.2 Product Portfolio
11.3.2.3 Demographic Reach and Achievements
11.3.2.4 Certifications
11.3.3 Koenigsegg Automotive AB
11.3.3.1 Company Overview
11.3.3.2 Product Portfolio
11.3.3.3 Demographic Reach and Achievements
11.3.3.4 Certifications
11.3.4 Bugatti Automobiles S.A.S.
11.3.4.1 Company Overview
11.3.4.2 Product Portfolio
11.3.4.3 Demographic Reach and Achievements
11.3.4.4 Certifications
11.3.5 Dr. Ing. hc F. Porsche AG
11.3.5.1 Company Overview
11.3.5.2 Product Portfolio
11.3.5.3 Demographic Reach and Achievements
11.3.5.4 Certifications
11.3.6 Ferrari N.V.
11.3.6.1 Company Overview
11.3.6.2 Product Portfolio
11.3.6.3 Demographic Reach and Achievements
11.3.6.4 Certifications
11.3.7 McLaren Racing Limited
11.3.7.1 Company Overview
11.3.7.2 Product Portfolio
11.3.7.3 Demographic Reach and Achievements
11.3.7.4 Certifications
11.3.8 Others
12 Industry Events and Developments
The global Hypercar market size was valued at USD 972.3 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 4%.
The significant demand for luxury automobiles is one of the essential drivers of the Hypercar market growth.
Automobili Lamborghini S.p.A., Daimler AG., Koenigsegg Automotive AB, Bugatti Automobiles S.A.S., and Dr. Ing. hc F. Porsche AG are some of the leading players in the market.
The Europe and North America region of the Hypercar industry holds a significant share in the market.
The global Hypercar market attained a value of USD 972.3 million in 2021, driven by the growing popularity of hypercars among automobile enthusiasts. Also, the rising demand for high-performance automobiles in developing nations is projected to help the sector in the future years. Aided by the increasing sales of luxury automobiles and other factors like rising disposable income, technological innovation, and risk reduction in terms of short braking distance, crash handling, and agile handling, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4%. The market is projected to reach USD 1202.1 million by 2027. Some of the leading players in the industry are Automobili Lamborghini S.p.A., Daimler AG., Koenigsegg Automotive AB, Bugatti Automobiles S.A.S., and Dr. Ing. hc F. Porsche AG.
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