Market Overview:
The global high-performance car market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury and sports cars, rising disposable income, and technological advancements in the automotive industry. In terms of type, the non-electric cars segment is expected to dominate the global high-performance car market during the forecast period. However, electric cars are expected to witness higher growth rates owing to their growing popularity among consumers across different regions. In terms of application, home use is projected to be a key segment for high-performance cars during the forecast period.
Product Definition:
A high-performance car is a vehicle that has been modified or designed to achieve better performance than the standard production model. This can include improved acceleration, handling, braking, and top speed. High-performance cars are often used in racing or other forms of competition, and can be very expensive to purchase and maintain.
Non-electric Cars:
Non-electric cars are vehicles that do not use electricity as the means of propulsion. They are powered by conventional fuel such as gasoline or diesel, which is used directly in the engine without any conversion to electric energy first.
Electric Cars:
Electric cars are motor vehicles that run on electricity. They comprise of one or more electric motors and a rechargeable battery, which provides power to the motors. The main aim of these vehicles is to replace combustion engines with electric propulsion systems in order to curb pollution and reduce greenhouse gas emissions. These automobiles can also be called hybrid electric cars as they have characteristics of both conventional gasoline-powered automobiles along with electrical plug-in hybrid electric vehicles (PHEV).
Application Insights:
The global high-performance car market, by application, is segmented into home use and commercial use. The home use segment dominated the overall industry in 2017 owing to increasing demand for passenger cars among all age groups of a family. High performance vehicles are primarily purchased as second or third cars for daily usage due to their better performance and comfort on long journeys at a cheaper price than luxury brands.
Commercial users include rental companies that provide high-performance vehicles for rent to their customers on contract basis with additional benefits such as insurance cover and maintenance facilities at the rental depots. Rental companies offer flexible payment options along with easy return procedures which attract more consumers every year since its inception in 2008.
Regional Analysis:
Europe dominated the global high-performance car market in 2017. The region is expected to continue its dominance over the forecast period, owing to factors such as stringent regulations for emission and safety, rising disposable income of consumers, and increasing demand for performance cars. Moreover, presence of major manufacturers including BMW AG; Audi AG; Mercedes-Benz AMBENDS.; Porsche Cars GmbH; Volkswagen Group (VW) are likely to boost the growth in Europe.
Asia Pacific is anticipated to be one of the fastest growing regions over the forecast period owing to changing consumer preferences towards sports utility vehicles (SV), which have better off road capabilities along with superior ride quality and comfort as compared to high performance cars.
Growth Factors:
- Increasing demand for luxury and performance cars from the emerging markets of Asia Pacific and Latin America
- Rising disposable income among the affluent class in developed countries
- Proliferation of high-performance car clubs and events that promote motorsports culture
- Advances in automotive technology that make high-performance cars more accessible and affordable to a wider audience
- Growing popularity of "green" high-performance cars that offer improved fuel economy without sacrificing performance
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Performance Car Market Research Report
By Type
Non-electric Cars, Electric Cars
By Application
Home Use, Commercial Use
By Companies
Porsche, Bentley, Ferrari, Aston Martin, Lamborghini, McLaren, Audi, BMW, Bugatti, Pagani, Porsche, Tesla
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global High-Performance Car Market Report Segments:
The global High-Performance Car market is segmented on the basis of:
Types
Non-electric Cars, Electric Cars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Porsche
- Bentley
- Ferrari
- Aston Martin
- Lamborghini
- McLaren
- Audi
- BMW
- Bugatti
- Pagani
- Porsche
- Tesla
Highlights of The High-Performance Car Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-electric Cars
- Electric Cars
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-Performance Car Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-performance car is a type of automobile designed for racing or driving at high speeds.
Some of the key players operating in the high-performance car market are Porsche, Bentley, Ferrari, Aston Martin, Lamborghini, McLaren, Audi, BMW, Bugatti, Pagani, Porsche, Tesla.
The high-performance car market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-Performance Car Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-Performance Car Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-Performance Car Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-Performance Car Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-Performance Car Market Size & Forecast, 2018-2028
4.5.1 High-Performance Car Market Size and Y-o-Y Growth
4.5.2 High-Performance Car Market Absolute $ Opportunity
Chapter 5 Global High-Performance Car Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High-Performance Car Market Size Forecast by Type
5.2.1 Non-electric Cars
5.2.2 Electric Cars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High-Performance Car Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High-Performance Car Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-Performance Car Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-Performance Car Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High-Performance Car Analysis and Forecast
9.1 Introduction
9.2 North America High-Performance Car Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High-Performance Car Market Size Forecast by Type
9.6.1 Non-electric Cars
9.6.2 Electric Cars
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High-Performance Car Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High-Performance Car Analysis and Forecast
10.1 Introduction
10.2 Europe High-Performance Car Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High-Performance Car Market Size Forecast by Type
10.6.1 Non-electric Cars
10.6.2 Electric Cars
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High-Performance Car Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High-Performance Car Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High-Performance Car Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High-Performance Car Market Size Forecast by Type
11.6.1 Non-electric Cars
11.6.2 Electric Cars
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High-Performance Car Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High-Performance Car Analysis and Forecast
12.1 Introduction
12.2 Latin America High-Performance Car Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High-Performance Car Market Size Forecast by Type
12.6.1 Non-electric Cars
12.6.2 Electric Cars
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High-Performance Car Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High-Performance Car Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High-Performance Car Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High-Performance Car Market Size Forecast by Type
13.6.1 Non-electric Cars
13.6.2 Electric Cars
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High-Performance Car Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-Performance Car Market: Competitive Dashboard
14.2 Global High-Performance Car Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Porsche
14.3.2 Bentley
14.3.3 Ferrari
14.3.4 Aston Martin
14.3.5 Lamborghini
14.3.6 McLaren
14.3.7 Audi
14.3.8 BMW
14.3.9 Bugatti
14.3.10 Pagani
14.3.11 Porsche
14.3.12 Tesla
