Global Hypercar Market

Hypercar Market Size, Share, Growth Analysis, By Propulsion Type (Hybrid Vehicles, Electric Vehicles), By Application (Racing Competition, Private), By Region -Industry Forecast 2025-2032

Report ID: SQMIG25C2163 | Region: Global | Published Date: February, 2025
Pages: 187 | Tables: 62 | Figures: 74

Hypercar Market News

  • In December 2024, Genesis Motor, a leading South Korean luxury car brand announced the launch of its new Genesis Magma Racing initiative in collaboration with Hyundai Motorsport GmbH. Central to these initiatives is the development of the Genesis GMR-001 Hypercar development, making Genesis a new entry in the global hypercar industry.
  • In October 2024, McLaren, a leading automotive brand with a rich motorsport history announced the launch of its new hypecar named W1. The latest hypercar features a novel 3D printed suspension along with a V8 engine and electric motor that boast a power output of 1,275 horsepower.
  • In August 2024, Nilu27, a new name in the hypercar business founded by Sasha Selipanov and Inna Selipanov announced the debut of NILU hypercar. The hypercar is powered by a naturally aspirated V12 engine with 6.5 litre displacement with a design inspired by the 60s Italian car scene to provide the traditional hypercar feel in the era of electrification.
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FAQs

Global Hypercar Market size was valued at USD 19 Billion in 2023 and is poised to grow from USD 24.99 Billion in 2024 to USD 233.4 Billion by 2032, at a CAGR of 31.5% during the forecast period (2025-2032).

Hypercar manufacturers should focus on launching new vehicles that integrate the capabilities of electric as well as traditional engines to provide the best driving experience. Launching limited edition models can also help hypercar providers enhance their revenue generation potential and brand value. As per this global hypercar market analysis. Targeting countries such as the United States, Germany, India, China, and the United Kingdom is slated to be a key opportunity for hypercar suppliers. 'Ferrari', 'McLaren Automotive', 'Lotus Cars', 'Bugatti', 'Porsche', 'Koenigsegg Automotive AB', 'Zenvo Automotive', 'Alfa Romeo', 'W Motors', 'JLR', 'Dendrobium', 'Xing Mobility', 'Pininfarina', 'Aspark', 'Ariel', 'Tesla', 'Hispano Suiza', 'Aston Martin', 'Pagani'

Increasing number of high net-worth individuals around the world and rising affluence among consumers regarding spending on luxury products are projected to bolster the sales of hypercars in the future. Booming economic growth in countries such as Germany, India, and China are also contributing towards a bright global hypercar market outlook going forward.

Customization and Personalization: Hypercar manufacturers can focus on providing customization and personalization features for their customers to make hypercars a more customer-specific offering. Bespoke interiors, unique paint finishes, and exclusive design elements can allow consumers to make their hypercars feel more personal and one-of-a-kind thereby making this an indispensable hypercar market trend for the future.

Europe is slated to account for a dominant share of the global hypercar industry in the future. High sales of luxury vehicles, presence of multiple hypercar manufacturers, and rising number of high net-worth individuals in this region are slated to bolster the dominance of this region going forward. The growing number of motorsports enthusiasts and organization of multiple motorsports events in this region are also slated to benefit the sales of hypercars in the future. Germany, France, Italy, and the United Kingdom are some of the most rewarding markets for hypercar vendors looking to make a mark in the European region through 2032.

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Global Hypercar Market

Report ID: SQMIG25C2163

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