Global Hyper Cars Market Statistics, Trends, Forecast to 2024

Statistics of Hyper Cars Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc. Rising preference for high performance vehicle with enhanced systems, more comfort and safety compared with conventional will add to the growth of hypercars market in forecast time frame.

Automobile industry is shifting focus on construction of ultra-light weight vehicles. Advanced technology, racing experience, creative and unique design will also be the major driving force for hyper cars market.

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These vehicles are electrically-driven and supported by all-wheel drive system. The two systems will assist the front wheels to be individually driven with an active torque vectoring technique. It provides a high horsepower to vehicle coupled with a supercharging or turbocharging system and can reach speed upto 240 MPH. Increasing preference for racing experience among young generation will propel hyper cars market size over the forecast period.

In 2015, the U.S. annual domestic sales surpassed 18 million units. The regional automobile industry is anticipated to witness dynamic changes with collaboration of domestic and foreign automakers in the region. Entry of foreign automobile manufacturers such as McLaren and Koenigsegg will propel hypercars market growth. These manufacturers are expected to build a strong domestic presence with increasing sales numbers, and strong product portfolio and a growing retailer network over the forecast period.

The regional automotive industry will witness a substantial investment in research and development of technology advanced hyper cars market over the forecast period. Presence of sports automobile manufacturers such as Porsche, Aston Martin, Briggs and McLaren will support product development.

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Hyper cars market is highly concentrated to a limited number of manufacturers. The key industry players are Ferrari, Porsche, Automobili Lamborghini, Koenigsegg, Pagani Automobili, Bugatti, Maserati, Daimler Group, Hennessey Performance Engineering, McLaren, Zenvo. Automobile manufacturers are investing heavily in research and development of advanced systems to meet consumer demand for high performance vehicle.

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