Market Overview:
The global racing vehicle engines 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 popularity of motorsports, rising disposable income, and technological advancements in racing vehicle engines. The global racing vehicle engines market is segmented on the basis of type into car, motorcycle, and others. The car segment is expected to dominate the global racing vehicle engines market during the forecast period owing to its high demand from developed countries such as North America and Europe. However, the motorcycle segment is projected to grow at a higher CAGR during the forecast period due its growing popularity in developing countries such as India and China. On-roading application dominates the global racing vehicles engine market with a share of more than 60%.
Product Definition:
A racing vehicle engine is a specially designed engine that is used in racing vehicles. These engines are typically made from lightweight materials and have been designed to be as efficient as possible. They also feature high-performance components that allow them to generate more power than standard engines. Racing vehicle engines are important because they provide the power necessary for race cars to reach high speeds and perform well in competition.
Car:
Car is the transport mechanism that we use for daily commute to work or any other activity. It can be a bicycle, a motorcycle, car or any other form of transportation. The basic function of this device is to carry passengers from one point to another with the help of wheels and handlebars.
Car racing vehicle engines market size by type: gasoline (gasoline cars), diesel (diesel cars), hybrid electric (hybrid electric cars).
Motorcycle:
Motorcycle engines are used in various types of vehicles including cars, trucks, and racing vehicles. The motorcycles can be categorized into two main types: roadster and sport bike. The engine capacity for a motorcycle ranges from 50cc to over 500cc. However, the average capacity is around 200-300cc.
The power output from an engine measures torque which is a measure of rotational force or momentary mechanical advantage (MMMA).
Application Insights:
On the basis of application, the global racing vehicle 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. On account of being more efficient than their off road counterparts, these motors are widely used for racing purposes only. However, with rising popularity for dirt track racing across various regions, demand from this segment is expected to grow significantly over the forecast period.
The growing popularity among consumers for sports car driving experiences has led to an increased focus by automobile manufacturers toward developing high power output engines that can propel vehicles to higher speeds without creating excessive amounts of noise and pollution while out on public roads or highways. This factor has resulted in a significant shift toward using road legal race cars as test beds for developing new technologies before they are introduced into production cars or light trucks sold onto public roads worldwide.
Regional Analysis:
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 demand for racing vehicle engines from countries such as India, China, Japan and Australia. This growth can be attributed to rising popularity of motorsports in these countries coupled with growing disposable income of consumers.
North America accounted for a significant share of global revenue owing to presence of major players such as Suzuki Motor Corporation; Honda Motor Co., Ltd.; Yamaha Motor Co., Ltd.; Kawasaki Heavy Industries Ltd.; Bombardier Recreational Products Inc.; Sea-Doo Manufacturing Inc; and Arctic Cat Snowmobiles, Inc. These companies are engaged in developing high performance racing engines that are used across various championships held at race tracks all around the world including Americas, Europe and Asia Pacific etc.
Growth Factors:
- Increasing demand for high-performance racing vehicles
- Technological advancements in racing vehicle engines
- Growing popularity of motorsports events
- Rising disposable income of consumers in developing countries
- Proliferation of online platforms for selling racing vehicle parts and accessories
Scope Of The Report
Report Attributes
Report Details
Report Title
Racing Vehicle Engines Market Research Report
By Type
Car, Motorcycle, Others
By Application
On-Roading, Off-Roading
By Companies
Ferrari, Mercedes-Benz, Toyota, Volkswagen, Ford, Citroën, BMW, HONDA, Hyundai, Renault, Peugeot, Yamaha, Suzuki, Ducati, Aprilia, KTM
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Racing Vehicle Engines Market Report Segments:
The global Racing Vehicle Engines market is segmented on the basis of:
Types
Car, Motorcycle, 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
- Yamaha
- Suzuki
- Ducati
- Aprilia
- KTM
Highlights of The Racing Vehicle 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:
- Car
- Motorcycle
- 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 Vehicle 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?
Racing vehicle engines are specifically designed to produce high levels of power and torque, allowing them to reach high speeds quickly. They are also typically built with a variety of features that allow them to be tuned for optimal performance.
Some of the major companies in the racing vehicle engines market are Ferrari, Mercedes-Benz, Toyota, Volkswagen, Ford, Citro«n, BMW, HONDA, Hyundai, Renault, Peugeot, Yamaha, Suzuki, Ducati, Aprilia, KTM.
The racing vehicle 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 Vehicle 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 Vehicle Engines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Racing Vehicle 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 Vehicle 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 Vehicle Engines Market Size & Forecast, 2020-2028
4.5.1 Racing Vehicle Engines Market Size and Y-o-Y Growth
4.5.2 Racing Vehicle 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 Car
5.2.2 Motorcycle
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 Vehicle 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 Vehicle 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 Car
9.6.2 Motorcycle
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 Car
10.6.2 Motorcycle
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 Car
11.6.2 Motorcycle
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 Car
12.6.2 Motorcycle
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 Car
13.6.2 Motorcycle
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 Vehicle Engines Market: Competitive Dashboard
14.2 Global Racing Vehicle 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
14.3.12 Yamaha
14.3.13 Suzuki
14.3.14 Ducati
14.3.15 Aprilia
14.3.16 KTM
