Market Overview:
The global racing car engines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-performance vehicles, rising disposable income, and technological advancements in the automotive industry. The global racing car engines market is segmented on the basis of type into V4, V6, and others. The V4 engine segment is expected to hold a major share of the global racing car engines market during the forecast period owing to its high performance and fuel efficiency as compared to other engine types. On-roading is one of the key applications for racing car engines and accounted for a majority share of the global market in 2017. This application segment is projected to grow at a CAGR of 5% during 2018-2030 due its growing popularity among consumers across regions.
Product Definition:
A racing car engine is a specially designed and built engine specifically made for use in a racecar. They are typically high-performance engines that offer more power and better fuel economy than standard engines. Racing car engines are important because they provide the power necessary to propel racecars at high speeds around racetracks.
V4:
The V4 is a configuration of four-stroke racing car engines. It has been used in cars such as Honda RAI, Kawasaki Z1, Suzuki GSX-R750 and Yamaha TZR-1. The basic structure of the engine is similar to that of a two-cylinder motor with an additional cylinder head and valves.
V6:
The V6 engine is a type of engine which is used in cars. It has 6 cylinders and 16 valves. The first version of this engine was introduced in the Audi Quattro road car, it had two banks of four cylinders with an L-shaped block, but later on they became three main banks of four and two side banks of three.
Application Insights:
On the basis of application, the global racing car engines market is segmented into on-roading and off-roading. The on-roading segment dominated the overall market in terms of revenue share in 2017 owing to increased demand from motorsports as well as automotive applications. On-road engines are also used for non-automotive purposes such as marine power and aviation.
The use of these motorsports engines for road cars has become a popular trend across several countries including Italy, Spain, France, Belgium and China due to their ability to provide high torque at low engine speeds which makes them ideal choices for daily drivers or weekend warriors who fancy themselves racers but do not have access to a race track. This factor along with rising consumer interest towards sports cars is expected drive growth over the forecast period.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing investments from major automobile manufacturers, which have been shifting their production bases away from developed regions to developing regions such as China and India. This trend is projected to continue over the next eight years, thereby driving demand for racing car engines in APAC during the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high demand from karting applications on account of well-established championships and tournaments held across Europe. Moreover, several track owners have also installed permanent race tracks across Europe resulting into increased product demand for racing car engines over past few years.
Growth Factors:
- Increasing demand for racing cars from the general population
- Technological advancements in racing car engines that improve performance and fuel efficiency
- Growing popularity of motorsports events around the world
- Rising disposable income of consumers, which allows them to invest in high-end racing cars and related equipment
- Entry of new players in the market, who are able to bring innovative technologies and products
Scope Of The Report
Report Attributes
Report Details
Report Title
Racing Car Engines Market Research Report
By Type
V4, V6, Others
By Application
On-Roading, Off-Roading
By Companies
Ferrari, Mercedes-Benz, Toyota, Volkswagen, Ford, Citroën, BMW, HONDA, Hyundai, Renault, Peugeot
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Racing Car Engines Market Report Segments:
The global Racing Car Engines market is segmented on the basis of:
Types
V4, V6, Others
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
On-Roading, Off-Roading
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:
- Ferrari
- Mercedes-Benz
- Toyota
- Volkswagen
- Ford
- Citroën
- BMW
- HONDA
- Hyundai
- Renault
- Peugeot
Highlights of The Racing Car Engines 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:
- V4
- V6
- Others
- By Application:
- On-Roading
- Off-Roading
- 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 Racing Car Engines 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 racing car engine is a type of internal combustion engine used in motor racing. Racing car engines are typically much larger and more powerful than those found in regular cars, and they are usually designed to produce high levels of power and torque.
Some of the key players operating in the racing car engines market are Ferrari, Mercedes-Benz, Toyota, Volkswagen, Ford, Citro«n, BMW, HONDA, Hyundai, Renault, Peugeot.
The racing car engines 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 Racing Car Engines 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 Racing Car Engines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Racing Car Engines 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 Racing Car Engines 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 Racing Car Engines Market Size & Forecast, 2020-2028
4.5.1 Racing Car Engines Market Size and Y-o-Y Growth
4.5.2 Racing Car Engines Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 V4
5.2.2 V6
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 On-Roading
6.2.2 Off-Roading
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Racing Car Engines 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 Racing Car Engines 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 V4
9.6.2 V6
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 On-Roading
9.10.2 Off-Roading
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 V4
10.6.2 V6
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 On-Roading
10.10.2 Off-Roading
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 V4
11.6.2 V6
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 On-Roading
11.10.2 Off-Roading
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 V4
12.6.2 V6
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 On-Roading
12.10.2 Off-Roading
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 V4
13.6.2 V6
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 On-Roading
13.10.2 Off-Roading
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 Racing Car Engines Market: Competitive Dashboard
14.2 Global Racing Car Engines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ferrari
14.3.2 Mercedes-Benz
14.3.3 Toyota
14.3.4 Volkswagen
14.3.5 Ford
14.3.6 Citroën
14.3.7 BMW
14.3.8 HONDA
14.3.9 Hyundai
14.3.10 Renault
14.3.11 Peugeot
