The global hypercar market revenue was around US$ 15.7 billion in 2021 and is estimated to reach US$ 224.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 31.1% during the forecast period from 2022 to 2031.

A hypercar is a supercar with extreme performance that offers great driving capabilities. It is made up of aerodynamic parts, a body with low drag, and lightweight materials. It also features a 0-60 time of under 3 seconds, 800+ horsepower, and a top speed between 215 and 270 mph.

Factors Influencing Market Growth

- Rising worldwide disposable income and an expanding automotive sector. Thus, it is anticipated to drive the market growth.

- Increase in demand for a comfortable and elegant driving experience. Such factors propel the market growth.

- The development of electric hypercars would create lucrative opportunities for the key players in the market.

- The high price of hypercars may constrain market expansion.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a negative impact on the market. Due to the lockdown enacted by the government, supply chains led to low sales of passenger cars and a brief suspension of vehicle production all across the world. During the crisis, producers ceased the introduction and production of their new hypercars around the world. However, since the pandemic, hybrid and electric hypercar development has been noted. Thus, it is anticipated to propel the market growth.

Regional Insights

Europe is expected to dominate the market. This region's top markets are thought to be Italy, Germany, France, and the U.K. The rise in demand for premium vehicles in nations like Germany and U.K. is the main reason for the increased manufacture of hypercars in this region. Furthermore, increase in the number of auto racing competitions and public interest in supercar sports. Additionally, the lucrative presence of well-known manufacturers in this region is further boosting the market growth.

Leading Competitors
The leading competitors in the global hypercar market are:
- Pagani Automobili S.p.A
- McLaren Group
- Bugatti Automobiles S.A.S
- Lotus Cars Limited
- Audi AG
- Aktiengesellschaft
- h.c. F. Porsche AG
- Bayerische Motoren Werke AG
- Ferrari N.V
- Koenigsegg Automotive AB
- Bentley Motors Limited
- Aston Martin Lagonda Global Holdings PLC
- Automobili Lamborghini S.p.A.
- Others
Segmentation Analysis
The global hypercar market segmentation focuses Propulsion, End-Use, and Region.
Segmentation based on Propulsion
- Battery Electric
- Hybrid
- ICE
Segmentation based on End-Use
- Private
- Racing
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific

- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA

- South America
- Brazil
- Argentina
- Rest of South America