Global High-performance Car Market 2024-2028
The high-performance car market is forecasted to grow by USD 271.59 bn during 2023-2028, accelerating at a CAGR of 7.79% during the forecast period. The report on the high-performance car market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for luxury high-performance cars, increasing demand for pre-owned high-performance cars to aid growth, and rising number of high-net-worth individuals.
Technavio's high-performance car market is segmented as below:
By Product
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the growing adoption of EVs as one of the prime reasons driving the high-performance car market growth during the next few years. Also, use of AI for development of autonomous high-performance cars and increasing technological updates in high-performance cars to beat competition will lead to sizable demand in the market.
The report on the high-performance car market covers the following areas:
- High-performance car market sizing
- High-performance car market forecast
- High-performance car market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading high-performance car market vendors that include Aston Martin Lagonda Ltd., Bayerische Motoren Werke AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Koenigsegg Automotive AB, McLaren Group Ltd., Mercedes Benz Group AG, Nissan Motor Co. Ltd., Porsche Automobil Holding SE, Renault SAS, Rimac Automobili, SAIC Motor Corp. Ltd., Stellantis NV, Tesla Inc., Toyota Motor Corp., Zenvo Automotive AS, Zhejiang Geely Holding Group Co. Ltd., Apollo Future Mobility Group Ltd., Aspark Co. Ltd., Ferrari NV, Pagani S p A, and hennesseyspecialvehicles.com. Also, the high-performance car market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.