Sports Car Market

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Sports Car Market Trends Forecast Till 2030
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Sports Car Market Trends Forecast Till 2030
Sports Car Market by Type (Hybrid, EV, Gasoline
Power, Diesel Power), By Application (Commercial,
Private), By Segment (Luxury, Ultra-Luxury,
Performance, High-Performance), By Sub-segment
(Convertible, Coupe, Hatchback, Roadster), By
Distribution Channel (Dealership, Online, Direct
Sales), By End-User (Racing, Leisure, Transport,
Collection) and region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).
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Market Overview
The global Sports car market size was estimated
at USD 12.2 billion in 2022 and is projected to
reach USD 8.2 billion in 2030 at a CAGR of 4.9
during the forecast period 2023-2030. The market
for sports cars has benefited from an increase in
consumer spending on lavish and high-end goods,
including sports automobiles, as a result of
increased affluence. The sports car's standout
features are its superb navigation, sleek,
aesthetically pleasing appearance, and great
efficiency. Young drivers choose these cars
because they are fun to drive and have a great
road presence. Even if it lacks power, a quality
sports vehicle with quick acceleration and tight
handling is fun to drive at any speed. Purchase
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Key Findings
Based on performance, A sports car is a
high-performance auto made for handling, speed,
and fashion. Sports cars are incredibly popular
among vehicle fans and racers all over the world
due to their handling, acceleration, and braking
prowess. Modern engineering and technology are
used in the construction of these vehicles to
improve their performance. Based on type, By
power source, the market has been divided into
hybrid, battery, and internal combustion energy.
The sound, speed, and responsiveness of ICE cars
are valued by many sports car aficionados, and
the technology has kept up with changing
pollution regulations. The market for internal
combustion engine (ICE) sports cars, however,
faces challenges as a result of more stringent
emissions laws, shifting customer tastes, and
rising interest in environmentally friendly
transportation alternatives.
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Key Findings
The market is divided into North America, Europe,
Asia Pacific, Latin America, and the Middle East
and Africa based on geography (MEA). The North
American continent is further divided into
nations like the United States and Canada. Europe
is further divided into the United Kingdom,
France, Germany, Italy, Spain, Russia, and the
Rest of Europe. China, Japan, South Korea, India,
Australia, South East Asia, and the rest of Asia
Pacific make up the subregion of Asia
Pacific. Inquire Before Buying
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Competitive Landscape

• Toyota
• BMW
• Mercedes-Benz
• Stellantis NV
• Renault
• Hyundai Motor Company
• Volvo Car Corp.
• Suzuki Motor Corp.
• General Motors
• Ford Motor Company
• Honda

• Hyundai
• Audi
• Nissan
• Volkswagen
• Porsche
• Ferrari
• KIA
• Horacio Pagani
• Koenigsegg Automotive
• Alfa Romeo
• Shelby Supercars

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Recent Developments
General Motors, a significant force in the sports
car industry, presented the E-Ray, a
first-generation electric Chevy Corvette,
in January 2023. The sports vehicle is projected
to have all-wheel drive and start at a starting
price of 104,000. According to the carmaker, the
E-Ray will be the quickest Corvette ever made. It
will reach 60 mph in 2.5 seconds and finish the
quarter mile in 10.5 seconds, comparable to other
supercars like the current Corvette Z06 race
vehicle. The hybrid powertrain of the E-Ray
comprises an electric motor that provides 125
pound-feet of torque and 160 horsepower to the
front axle. It gives a far faster pick-up than a
traditional internal combustion
engine.  Purosangue, Ferrari's first-ever
four-door production vehicle, was introduced
in September 2022, and deliveries are scheduled
to begin in the third quarter of 2023 in the US.
The SF90 hybrid sports car will be the most
costly production model, followed by Ferrari's
Purosangue.
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Contact Information
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reports and consulting services. Delvens
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by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
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