Global Supercar Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Supercar market:
The latest research study on the global Supercar market finds that the global Supercar market reached a value of USD 16989.03 million in 2022. It’s expected that the market will achieve USD 21152.24 million by 2028, exhibiting a CAGR of 3.72% during the forecast period.

Supercar is essentially a high-performance luxury sports car. That means the Supercar is designed to include premium car parts, with more power and more advanced technology. Supercars tend to be more expensive and more exclusive than sports cars.

Market Drivers
Global affluent population continues to expand
Supercar is mainly a luxury product purchased by some wealthy consumers. Therefore, with the development of society and economy, the number of affluent people in the world continues to expand, and more and more consumers are able to buy Supercar. At the same time, with the change of consumption concept and the development of consumption upgrade, more and more wealthy consumers will choose to buy Supercar. In general, as the global wealthy population continues to expand, the market demand for Supercar will continue to increase. This will be an important factor driving the development of the industry.

Market Development Constraints
High R&D costs
Supercar is an integrator of core technologies and leading technologies in the automotive industry. Super power output, extreme handling experience, and avant-garde design all make Supercar at the forefront of the development of the automotive industry, and its manufacturing level represents the top R&D, craftsmanship and technical strength of an industry. Therefore, the technical barriers and capital barriers of the Supercar industry are high, and the market concentration is high. With the increasing demand for Supercar in the downstream market, the market competition in the Supercar industry will become more and more intense.Under the heavy pressure, Supercar companies began to use various methods to improve their competitiveness. Supercar companies began to increase high capital investment in the research and development of Supercar. The development of Supercar is a long-term process. The large investment of R&D funds and the long cycle of Supercar companies lead to lower investment efficiency, which will bring certain obstacles to the company's capital operation. The high cost of research and development will be a challenge for the development of the industry.

Region Overview:
In 2021, the share of the Supercar market in Europe stood at 36.75%.

Company Overview:
Porsche
Porsche is a sports car manufacturer in the world and has been part of the Volkswagen Group since 2012. Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and Sales process through to vehicle- and mobility-related services.

Ferrari
Ferrari designs and manufactures sports cars. The Company offers new and used vehicles, warranty programs, financial supports, and maintenance, as well as watches, apparels, earphones, caps, and other accessories. Ferrari markets its products worldwide. Ferrari is committed to creating a culture of sustainability to meet the complex challenges facing the global automotive industry. This culture requires effective corporate governance and risk management, a proactive decision-making process, and an openness to change throughout the supply chain.

Porsche is one of the major players operating in the Supercar market, holding a share of 39.66% in 2022.

Segmentation Overview:
According to the design of the Supercar roof, it is divided into Convertible Supercar, Non-Convertible Supercar. The Convertible Supercar has a foldable openable roof.

By type, Non-Convertible Supercar segment accounted for the largest share of market in 2021.

Application Overview:
Cash Payment
Downstream customers purchase Supercar through a one-time Cash Payment.
Financing/Loan
Downstream customers borrowed money from some lenders to purchase Supercar in the form of Financing/Loan.
Leasing
Some companies offer car rental services. Downstream customers can pay the rental fee to drive supercar from the rental company.

By application, the Financing/Loan segment occupied the biggest share from 2017 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Supercar market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Supercar market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Supercar and its sub-markets in an intuitive way.

Key Companies in the global Supercar market covered in Chapter 3:
Porsche
Bentley
Aston Martin
Ferrari
McLaren
Koenigsegg
Audi
Pagani
Bugatti
Lamborghini

In Chapter 4 and Chapter 14.2, on the basis of types, the Supercar market from 2018 to 2029 is primarily split into:
Convertible Supercar
Non-Convertible Supercar

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Supercar market from 2018 to 2029 covers:
Cash Payment
Financing/Loan
Leasing

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Supercar market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029