New product launches, cybersecurity systems and an increased focus on electric hypercars offer lucrative opportunities | Panda Anku

DUBLIN, August 26, 2022 /PRNewswire/ — Added Hypercar Global Market Opportunities And Strategies To 2031 report ResearchAndMarkets.com Offer.

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The global hypercar market reached a value of just under $10,632.8 million in 2021, after increasing at a compound annual growth rate (CAGR) of 18.9% since 2016. The market is expected to continue to grow $44,172.1 million in 2026 with a rate of 33.0%. From 2026, the market is then expected to grow at a CAGR of 23.3% and reach a reach $125,795.6 million in 2031.

Growth over the historical period has resulted from increased mergers and acquisitions, the implementation of IOT technologies, an increase in disposable income, and increased consumer demand for greater user convenience, security, and convenience. Factors that negatively impacted growth in the historical period were high design and development costs, lack of product innovation, volatile metal prices, and the coronavirus pandemic.

In the future, increasing adoption of electric or hybrid hypercars, rising sales of luxury cars, development of automotive industry and advances in 5G technology will drive the market growth. Factors that could hamper the growth of the hypercar market in the future include a lack of charging/swapping infrastructure, clear regulations from government agencies, and high costs for training service technicians.

The hypercar market is segmented by powertrain into hybrid, electric, and gasoline vehicles. The gasoline market was the largest segment of the hypercar market by powertrain, accounting for 93.0% of the total market in 2021. The electric market is expected to be the fastest growing segment in the powertrain of the hypercar market, with a CAGR of 57.7%. in the period 2021-2026.

By technology, the hypercar market is segmented into four-wheel drive, four-wheel steering, active air brakes, and brake-steering. The all-wheel drive market was the largest segment of the hypercar market by technology, accounting for 42.2% of the total market in 2021, up from a CAGR of 35.9% over the 2021-2026 period.

Based on chassis type, the hypercar market is segmented into carbon fiber, steel and aluminum. Carbon fiber was the largest segment of the hypercar market by chassis type, accounting for 53.2% of the total market in 2021, up from a CAGR of 35.0% in 2021-2026.

The hypercar market is segmented by application into club, personal and other applications. The private sector was the largest segment of the hypercar market by application, accounting for 66.9% of the total market in 2021. The other applications segment is projected to be the fastest growing segment of the hypercar market segmented by application, with a future CAGR of 34.7% over the period 2021-2026.

Asia Pacific was the largest region in the hypercar market with a 44.7% share of the global market in 2021. It followed Western Europe, North America and the other regions. In the future, the fastest growing regions will be in the hypercar market Asia Pacific and the Western Europewhere growth from 2021 to 2026 will be at CAGRs of 35.1% and 33.6% respectively.

The global hypercar market is moderately fragmented with a large number of regional players operating in the market. The top ten competitors in the market accounted for up to 76.54% of the total market in 2021. The major players in the market include Dr. hc F. Porsche AG, Daimler Group, Ferrari NV, Maserati SpA, Automobili Lamborghini SpA, Lexus, McLaren Racing Limited, Pagani Automobili, Zenvo Automotive A/S and Bugatti Automobiles SAS

The top opportunities in the hypercar market segmented by powertrain will come in the gasoline segment, which will win $28,226.7 billion of global annual sales by 2026. The top opportunities in the hypercar market segmented by technology will be in the all-wheel drive segment, which will win $12,816.4 billion of global annual sales by 2026.

In the hypercar market segmented by chassis type, the biggest opportunities will come in the carbon fiber segment, which will win $16,7711.9 billion of global annual sales by 2026. The top opportunities in the hypercar market segmented by application will arise in the private segment, which will win $21,701.0 billion of global annual sales by 2026. The hypercar market will grow the fastest $8,859.2 billion.

Strategies for the hypercar market based on market trends include strategic collaborations and partnerships, focus on new product launches, focus on new technology developments and an increasing installation of cybersecurity systems.

Strategies adopted by players in the hypercar market include focusing on strengthening business operations through strategic acquisitions, innovative product launches to gain a competitive advantage in the hypercar market, and focusing on expanding product portfolio through new product launches.

To capitalize on opportunities, hypercar companies should focus on new product launches, install cybersecurity systems, focus more on electric hypercars, continue to focus on developed markets, expand into emerging markets, offer offerings at competitive prices, continue to attend trade shows and events and aimed at wealthy sections of the population.

Major mergers and acquisitions in the hypercar market

  • Polestar acquired Gore’s Guggenheim

  • Rimac takes over Bugatti

  • Mercedes-Benz takes over YASA

  • Porsche is increasing its stake in Rimac

  • WE Solutions Limited acquired Apollo IE

  • Hyundai Motor Group acquires St.

Main topics covered:

1. Summary of the Hypercar Market

2. Table of Contents

3. List of figures

4. List of Tables

5. Reporting Structure

6. Introduction and Market Features
6.1. General market definition
6.2. summary
6.3. Market segmentation by powertrain
6.3.1. Hybrid
6.3.2. electric
6.3.3. petrol
6.4. Market segmentation by technology
6.4.1. all wheel drive
6.4.2. four wheel steering
6.4.3. Active brake flaps
6.4.4. brake steering
6.5. Market segmentation by housing type
6.5.1. carbon fiber
6.5.2. steel
6.5.3. aluminum
6.6. Market segmentation by application
6.6.1. association
6.6.2. Private
6.6.3. Other Applications

7. Major Market Trends
7.1.1. Strategic cooperation and partnerships
7.1.2. New product launches
7.1.3. Technological Developments
7.1.4. Installation of cyber security systems

8. Global Market Size and Growth
8.1. market size
8.2. Historical Market Growth, 2016-2021, Value (Billion USD)
8.3. Historical drivers and restraint systems
8.3.1. Market drivers 2016 – 2021
8.3.2. Restrictions on the market 2016 – 2021
8.4. Projected Market Growth, 2021 – 2026, Value 2031F (Billion USD)
8.5. Forecast Drivers and Limitations
8.5.1. Market drivers 2021 – 2026
8.5.2. Restrictions on the market 2021 – 2026

For more information about this report, visit https://www.researchandmarkets.com/r/idjvbs

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