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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Hypercar Market Share
The gasoline segment maintains its dominance in the market due to the high implementation of internal combustion engines in hypercars
The gasoline engines occupy the highest share in the hypercar market. The appeal of gasoline-powered hypercars lies in their high-performance capabilities, the visceral driving experience they provide, and the emotional connection enthusiasts have with the sound and feel of a traditional internal combustion engine (ICE). Brands like Ferrari, Lamborghini, and McLaren have long utilised gasoline engines to achieve the extraordinary performance metrics that hypercars are known for.
Hybrid powertrains, which combine a gasoline engine with one or more electric motors, have emerged as a significant force in the hypercar market. Hybrid technology allows manufacturers to enhance performance while reducing emissions and improving fuel efficiency. Hypercars like the Ferrari LaFerrari, McLaren P1, and Porsche 918 Spyder exemplify how hybrid technology can be used to push the boundaries of performance, leveraging instant torque from electric motors to complement the high-power output of gasoline engines.
Carbon fibre accounts for a major hypercar market share due to its excellent strength-to-weight ratio
Carbon fibre holds the highest share in the market. This material is prized for its exceptional strength-to-weight ratio, allowing for the construction of vehicles that are both lightweight and extremely strong. Carbon fibre's use in hypercars extends beyond the bodywork to include structural components, such as the monocoque (the vehicle's structural skin), which significantly reduces weight while maintaining rigidity and this weight reduction enhances performance, improves handling, and increases fuel efficiency.
Aluminium is anticipated to witness sizeable growth in the hypercar market as it is favoured for its lightweight properties compared to steel, along with its high strength and corrosion resistance. Aluminium is often used in the chassis and body panels of hypercars to reduce weight without compromising structural integrity. While not as light as carbon fibre, aluminium is more cost-effective and easier to work with, making it a popular choice for parts that require complex shapes and forms.
Hypercar Market Report Snapshots
Hypercar Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 774.21 million.
The global hypercar market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1335.23 million by 2032.
The major drivers of the industry, such as rising disposable incomes, rapid urbanisation, growing adoption of the product, technological advancements, and rising product launches, from the application segments, are expected to aid the market growth.
The key market trends guiding the growth of the hypercar market include the rising R&D activities and the growing demand for high performance cars in the developing countries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading engine sizes of hypercar in the industry are compact-size (below 1499 cc engine), mid-size (1500 to 2499 cc engine), and full-size (above 2500 cc engine).
The major powertrain types in the market are hybrid, electric, and gasoline.
The significant speed segments of hypercar in the industry are low speed (up to 211 Mph), medium speed (up to 221 Mph), and high speed (up to 231 Mph).
The leading chassis types of the product in the industry are carbon fibre, steel, and aluminium.
The major tyre types in the market are run flat and high speed.
The major players in the market are Automobili Lamborghini S.p.A., Daimler AG., Koenigsegg Automotive AB, Bugatti Automobiles S.A.S., Dr. Ing. hc F. Porsche AG, Ferrari N.V., and McLaren Racing Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124