Market Overview:
The global racing vehicle motors 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 vehicles. The global racing vehicle motors market is segmented on the basis of type into cars, motorcycles, and others. The cars segment is expected to dominate the global racing vehicle motors market during the forecast period owing to their high demand for performance and luxury. The motorcycles segment is projected to grow at a higher CAGR than other segments during the forecast period due to their growing popularity among racers across different regions. On-roading application dominates the global racing vehicle motors market with a share of more than 60%. This can be attributed to increasing number of races being organized on public roads around the world.
Product Definition:
A Racing Vehicle Motor is a type of engine that is specifically designed for racing vehicles. These motors are often more powerful and efficient than other types of engines, making them ideal for use in high-performance vehicles. The importance of Racing Vehicle Motors lies in their ability to provide the power and performance needed to win races.
Car:
Car is a device used for transportation of passengers and goods. It can be operated by individuals with the help of pedals, electric motors or steam engines. The term “car” is generally used to refer to passenger vehicles including cars, trucks, vans and sports utility vehicles (SUV).
The global car market size was valued at USD 1.1 trillion in 2016.
Motorcycle:
Motorcycle is a two wheeled, motor driven vehicle that is designed primarily for transportation. The global motorcycle and it's usage in racing vehicles motors market size spans various segments including the type of motorcycles, engine capacity, price range and end-user applications. On the basis of type of motorcycles; there are three main categories namely roadster (convertible or non-convertible), sport bike and full dresser.
Application Insights:
The on-roading application segment accounted for the largest revenue share of over 80% in 2017. On the basis of application, the global racing vehicle motors market has been classified into on-roading and off-roading. The off-roading vehicles include four wheelers that are used for exploring remote areas or rugged terrains and to carry heavy loads over long distances. These types of vehicles are driven through rough terrain using tracks or dirt roads, thereby making them suitable for adventure sports as well as military applications.
Racing car is a generic term used to denote high performance road cars with engines larger than those permitted by law for use on public roads.
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 motors from countries such as Japan, China, India, Australia and New Zealand. This growth can be attributed to rising popularity of off-road vehicles including ATVs/UTVs in countries such as China and India. Furthermore, growing popularity of electric cars is anticipated to further boost product demand across APAC region over the forecast period.
North America accounted for a significant share of global revenue owing to presence of major companies such as General Electric (GE), Cummins Inc., Caterpillar Inc., etc. Moreover, UTVs are increasingly being used for recreational activities along with work purposes due to which they have gained acceptance among people across North America thereby boosting product sales across this region over the past few years.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of racing events
- Technological advancements in racing vehicle motors
- Rising disposable income of consumers
- Growing awareness about the benefits of using racing vehicle motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Racing Vehicle Motors 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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Racing Vehicle Motors Market Report Segments:
The global Racing Vehicle Motors 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 Motors 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 Motors 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 Motors is a company that manufactures and sells racing vehicle motors.
Some of the major players in the racing vehicle motors market are Ferrari, Mercedes-Benz, Toyota, Volkswagen, Ford, Citro«n, BMW, HONDA, Hyundai, Renault, Peugeot, Yamaha, Suzuki, Ducati, Aprilia, KTM.
The racing vehicle motors 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 Racing Vehicle Motors 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 Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Racing Vehicle Motors 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 Motors 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 Motors Market Size & Forecast, 2020-2028
4.5.1 Racing Vehicle Motors Market Size and Y-o-Y Growth
4.5.2 Racing Vehicle Motors 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 Motors 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 Motors 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 Motors Market: Competitive Dashboard
14.2 Global Racing Vehicle Motors 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
