About Hyper Cars
Hypercar is known as the ultra-high-performance supercar where form follows the function. These cars push the cutting edge of previous technology, with advanced stratospheric price tags and scarcely believable performance figures. This kind of vehicle would have an ultra-light construction with an aerodynamic body using advanced composite materials, low-drag design, and a hybrid drive. The market of the hypercar is increasing due to the rising investment in the research and development sector and the Integration of performance-boosting technologies, while some of the issues associated with the strict government regulations may hinder the overall market
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 35.02% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Italians Vendors will contribute the maximum growth to Global Hyper Cars market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ferrari (Italy), Porsche (Germany), Automobili Lamborghini (Italy), Koenigsegg (Sweden), Pagani Automobili (Italy), Bugatti (France), Maserati (Italy), Daimler Group (Germany), Hennessey Performance Engineering (United States), McLaren (United Kingdom) and Zenvo (Denmark) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hyper Cars market by Type (Fuel Type, Electric Type and Hybrid Type), Application (Transportation, Racing Competition, Entertainment and Other) and Region.
On the basis of geography, the market of Hyper Cars has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Development of Project ONE by performance division of Mercedes-Benz, Development of all-electric hypercar Dendrobium and Lamborghini teams up with MIT for future hypercars
Market Growth Drivers:
Integration of performance boosting technologies and R&D investments
Challenges:
Government regulations associated with the category of hyper cars
Restraints:
High cost of development and ownership and Hyper car compititors
Opportunities:
Growing popularity of extreme performance cars in the global automotive market has gained the interest of global automakers
Market Leaders and their expansionary development strategies
February 2024, Ferrari, the iconic Italian automaker, has revealed plans to launched three new models. The new flagship model is expected to drop the V12 engine in favour of electrification and turbocharging.
Key Target Audience
Hyper Cars Manufacturer, Sub-component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities, Research organization and associations and End users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.