Global Motorsports Market Growth (Status and Outlook) 2023-2029

Global Motorsports Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Motorsports Industry Forecast” looks at past sales and reviews total world Motorsports sales in 2022, providing a comprehensive analysis by region and market sector of projected Motorsports sales for 2023 through 2029. With Motorsports sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorsports industry.
This Insight Report provides a comprehensive analysis of the global Motorsports landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motorsports portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Motorsports market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorsports and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motorsports.
The global Motorsports market size is projected to grow from US$ 1920.3 million in 2022 to US$ 2139.5 million in 2029; it is expected to grow at a CAGR of 1.6% from 2023 to 2029.
United States market for Motorsports is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Motorsports is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Motorsports is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Motorsports players cover Mercedes-Benz, Red Bull Racing, Ferrari, McLaren, Citroen, Hendrick Motorsports, Joe Gibbs Racing, Lancia Delta and Lotus F1, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Motorsports market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Broadcasting Revenue
Ticketing Revenue
Merchandising Revenue
Advertising/Sponsorship Revenue
Other
Segmentation by application
Venue Racing
Non-Venue Racing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mercedes-Benz
Red Bull Racing
Ferrari
McLaren
Citroen
Hendrick Motorsports
Joe Gibbs Racing
Lancia Delta
Lotus F1
Roush Fenway Racing
Team Penske

Please note: The report will take approximately 2 business days to prepare and deliver.