Market Overview:
The global high performance sports cars 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 performance-oriented vehicles, especially in developed economies such as North America and Europe. Additionally, the increasing disposable income of consumers in developing countries is also contributing to the growth of this market. The global high performance sports cars market can be segmented on the basis of type into four-seat sports cars and two-seat sports cars. The four-seat segment is expected to account for a larger share of the global high performance sports cars market than the two-seater segment during the forecast period. This can be attributed to increased demand for luxury vehicles with more seating capacity among consumers worldwide.
Product Definition:
A high performance sports car is a type of automobile that is designed for speed and handling above all else. These cars are typically expensive and luxurious, with powerful engines and advanced aerodynamic designs. They are often used in racing or other forms of competitive driving.
Four-seat Sports Cars:
The four-seat sports cars are a type of high performance roadster that is built for speed and agility. They possess the driving experience of a GT car with the comfort and space of an open automobile. The design goal was to create a vehicle that would be both fast and comfortable to drive, while at the same time it should have good handling characteristics required for competitive racing.
Two-seat Sports Cars:
The two-seater sports cars are those vehicles, which can be used by two people at the same time. The most common types of these vehicles are open cockpit and closed cockpit. In an open cockpit vehicle, the driver is sitting in an exposed position and hence he or she is vulnerable to attacks from other animals or obstacles on road.
Application Insights:
The individual application segment held the largest share of over 70.0% in 2017. The rising importance of high performance sports cars for personal use as well as for professional use by athletes, fitness enthusiasts and racing drivers is expected to boost the segment growth over the forecast period.
High performance sports cars are widely used by individuals for recreational purposes or personal transportation owing to its excellent speed, acceleration and handling ability which makes it a joy to drive on roads or tracks even when compared with other exotic vehicles available in the market. This has resulted in high demand among consumers who are looking forward to owning such kind of vehicle at an affordable price tag without compromising with features and quality similar to that found in expensive supercars costing several times more than these mid-level track monsters.
The commercial application segment is expected witness significant growth during the forecast period owing to increasing number of motorsports events including drag racing, autocrosses, road races etc.
Regional Analysis:
Europe dominated the global high performance sports cars market in 2017. The region is expected to continue its dominance over the next eight years. Europe has been witnessing a growing demand for high-performance two-seat and four-seat sports cars on account of increasing emphasis on driving experience as well as reduced overall weight of vehicles.
The North American regional market captured a revenue share of over 20% in 2017 owing to an increase in preference for two seater models across all income groups, which is likely to have a positive impact on industry growth over the forecast period.
Growth Factors:
- Increasing disposable income of the consumers
- Rising popularity of high performance sports cars among the millennials
- Proliferation of online platforms for purchasing high performance sports cars
- Growing demand for luxury and customized vehicles
- Technological advancements in the automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Sports Cars Market Research Report
By Type
Four-seat Sports Cars, Two-seat Sports Cars
By Application
Individual, Commercial
By Companies
Mercedes Benz, BMW, Audi, Lexus, Volvo, Land Rover, MINI, Cadillac, Porsche, Infiniti, Mercedes Benz, Jaguar, Smart, Lincoln, Tesla, Maserati, Bentley, Ferrari, Rolls-Royce, Lamborghini, McLaren, Aston Martin
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Sports Cars Market Report Segments:
The global High Performance Sports Cars market is segmented on the basis of:
Types
Four-seat Sports Cars, Two-seat Sports 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
Individual, Commercial
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:
- Mercedes Benz
- BMW
- Audi
- Lexus
- Volvo
- Land Rover
- MINI
- Cadillac
- Porsche
- Infiniti
- Mercedes Benz
- Jaguar
- Smart
- Lincoln
- Tesla
- Maserati
- Bentley
- Ferrari
- Rolls-Royce
- Lamborghini
- McLaren
- Aston Martin
Highlights of The High Performance Sports Cars 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:
- Four-seat Sports Cars
- Two-seat Sports Cars
- By Application:
- Individual
- Commercial
- 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 Sports Cars 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?
High performance sports cars are typically those that have a high power-to-weight ratio and can reach speeds in excess of 200 mph. They are often designed for racing, but can also be used for driving on the open road.
Some of the major players in the high performance sports cars market are Mercedes Benz, BMW, Audi, Lexus, Volvo, Land Rover, MINI, Cadillac, Porsche, Infiniti, Mercedes Benz, Jaguar, Smart, Lincoln, Tesla, Maserati, Bentley, Ferrari, Rolls-Royce, Lamborghini, McLaren, Aston Martin.
The high performance sports cars market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Performance Sports Cars 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 Sports Cars Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance Sports Cars 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 Sports Cars 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 Sports Cars Market Size & Forecast, 2018-2028
4.5.1 High Performance Sports Cars Market Size and Y-o-Y Growth
4.5.2 High Performance Sports Cars Market Absolute $ Opportunity
Chapter 5 Global High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
5.2.1 Four-seat Sports Cars
5.2.2 Two-seat Sports Cars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Sports Cars 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 Sports Cars Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Sports Cars 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 Sports Cars 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 Sports Cars Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
9.6.1 Four-seat Sports Cars
9.6.2 Two-seat Sports 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 Sports Cars Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Commercial
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 Sports Cars Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
10.6.1 Four-seat Sports Cars
10.6.2 Two-seat Sports 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 Sports Cars Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Commercial
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 Sports Cars Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
11.6.1 Four-seat Sports Cars
11.6.2 Two-seat Sports 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 Sports Cars Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Commercial
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 Sports Cars Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
12.6.1 Four-seat Sports Cars
12.6.2 Two-seat Sports 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 Sports Cars Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Commercial
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 Sports Cars Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Sports Cars 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 Sports Cars Market Size Forecast by Type
13.6.1 Four-seat Sports Cars
13.6.2 Two-seat Sports 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 Sports Cars Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Commercial
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 Sports Cars Market: Competitive Dashboard
14.2 Global High Performance Sports Cars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mercedes Benz
14.3.2 BMW
14.3.3 Audi
14.3.4 Lexus
14.3.5 Volvo
14.3.6 Land Rover
14.3.7 MINI
14.3.8 Cadillac
14.3.9 Porsche
14.3.10 Infiniti
14.3.11 Mercedes Benz
14.3.12 Jaguar
14.3.13 Smart
14.3.14 Lincoln
14.3.15 Tesla
14.3.16 Maserati
14.3.17 Bentley
14.3.18 Ferrari
14.3.19 Rolls-Royce
14.3.20 Lamborghini
14.3.21 McLaren
14.3.22 Aston Martin
