According to the research report titled ‘Global Hypercar Market Share, Size, Trends, Industry Analysis Report By Powertrain ; By Regions, Segments Forecast, 2020 – 2026’, available with Market Study Report, global hypercar market size is expected to accounted for USD 110.9 billion by the year 2026.
 

Shifting preferences towards adopting high performance automobiles along with increasing production of electric and hybrid vehicles are key factors driving the growth of global hypercar market. Technological advancements as well as unique and creative designs of hypercar are further fueling their adoption rates across the globe.
 

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As per the research document, various automakers are focusing on R&D activities in order to develop advanced technologies for hypercars. In addition, increasing utilization of intelligent and automated solutions while producing such vehicles and eco-friendly nature of the product is further contributing towards worldwide hypercar market outlook.
 

Rising per capita income and surging investments towards development of hypercars are also aiding the market expansion. Apart from this, highly competitive nature of this business sphere along with growing demand for sports, intermediate and luxury vehicles owing to improving socio-economic conditions are augmenting the overall industry remuneration.
 

In terms of powertrain, the report claims that hybrid/electric segment accounted for a considerable share in global hypercar market in the year 2019 and is expected to showcase similar growth trends in the ensuing years. Inclination towards integrating efficient and advanced electric motors in vehicles along with development of lightweight automobiles in order to reduce environmental impact has increased the production of electric and hybrid cars, thereby fueling the segmental share.
 

From the regional point of view, Europe hypercar market is expected to register significant growth during the estimated timeframe, with United Kingdom, Germany and Italy being the major revenue generators. High concentration of major automakers is facilitating the business scenario in Europe.
 

On the other hand, North America is also expected to emerge as a major contributor towards global hypercar marker remuneration.
 

Zenvo Automotive, McLaren Group, Maserati S.p.A., Daimler Group, Bugatti Automobiles S.A.S., Pagani Automobili S.p.A., Porsche AG, Automobili Lamborghini S.p.A., Koenigsegg Automotive AB, and Ferrari S.p.A. are the major contenders in global hypercar market.