Motorsport Products Market Research Report Forecast 2027

Description

Motorsport Products Market Research Report Forecast 2027

Market Overview
By 2027, the Motorsport Products market is expected to reach a value of USD 35.39 billion, growing at a 6.45% CAGR. An athletic event that uses motor vehicles, whether for racing or non-racing purposes, is referred to as a “motorsports event.” The most well-known of these, known as auto racing or automobile racing, involves cars. Restaurants, hotels, tourism, non-essential retail trade, and major portions of manufacturing were among the whole sectors of national economies that were shut down, severely impeding global economic progress. However, the global motorsports market is anticipated to experience significant development following the lifting of the lockdown.
As the connectivity of current technology continues to grow in the modern world, the popularity of motorsport has spread to over 194 nations and is expected to rise. Based on a few characteristics, including revenue creation through multiple channels like broadcasting, ticketing, advertiser/sponsorship, race host fees, and merchandising, the global market for racing products has been monitored. This can be accomplished by compiling data on the kinds of race series that have taken place in various nations and by analyzing the circuits and venues where the race series is hosted. The money made from the participation fees that competitors pay is one of the most significant variables affecting the racing market.
Market Segmentation
Rallying, formula racing, touring car racing, sports car racing, production car racing, stock car racing, and others are the segments based on the racing type of the Global Motorsport Products Market. The sports car racing segment is expected to have the highest CAGR and to dominate the market share during the forecast period.
Regional Analysis
The regions are delegated to North America, Europe, Asia-Pacific, and the remainder of the World. North America holds a huge portion of the market because of the rising dashing occasions inside the district and the inclination of clients toward the change of vehicles for upgraded execution. For example, the high fame of hustling series like Equation 3 Americas, NASCAR, and the US Genius Kart Series are probably the most famous series in the US. Exercises, for example, going mud romping and rally hustling are very well known around here. The clients spend a lot of their pay on vehicle change to keep their vehicles proficient and alluring. Furthermore, a developing inclination for aftermarket administrations in North America is expected to drive the provincial market.
Europe is supposed to give a few potential learning experiences to the market players during the figure time frame because of the rising number of benefactors and the presence of the world’s most standard circuits driving the improvement of the motorsport products market around here. Moreover, some popular dashing titles, like European Convention Title (ERC) and GT World Test Europe, are going about as development factors for the district. These occasions get critical help from very good quality vehicle makers, the vast majority of which have started from European nations.
Major Players
The major players profiled in the global market are Volkswagen AG (Germany), Toyota Motor Corporation (Japan), Daimler AG (Germany), Ferrari N.V. (Italy), Porsche (Germany), Jaguar Land Rover Automotive Plc (UK), ABT Sportsline GmbH (Germany), Citroën (France), Red Bull GmbH (Austria), McLaren Group (UK), Groupe PSA (France), Subaru Corporation (Japan), JA Motorsport (India), Toyota Gazoo Racing (Japan), and Subaru World Rally Team (UK).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL MOTORSPORT PRODUCTS MARKET, BY RACING TYPE

1.1.2 GLOBAL MOTORSPORT PRODUCTS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 TOP-DOWN AND BOTTOM-UP APPROACH

3.6 FORECAST MODEL

3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 DRIVERS

4.2.1 INCREASING POPULARITY OF MOTORSPORT

4.2.2 SCOPE OF REVENUE GENERATION THROUGH TICKETING AND BROADCASTING

4.2.3 DRIVER IMPACT ANALYSIS

4.3 RESTRAINT

4.3.1 HIGHER MAINTENANCE COST

4.3.2 RESTRAINT IMPACT ANALYSIS

4.4 OPPORTUNITIES

4.4.1 TECHNOLOGICAL ADVANCEMENTS

4.5 COVID-19 IMPACT ANALYSIS

4.5.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY

4.5.2 IMPACT ON AUTOMOTIVE PRODUCTION

4.5.2.1 FORD

4.5.2.2 AMERICAN HONDA

4.5.2.3 FCA

4.5.2.4 KIA

4.5.2.5 VOLKSWAGEN

4.5.3 IMPACT ON MOTORSPORT PRODUCTS MARKET

4.5.3.1 IMPACT ON SUPPLY CHAIN

4.5.3.2 CASH FLOW CONSTRAINTS

4.5.4 IMPACT ON WORLD TRADE

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL

5.1.1 THREAT OF NEW ENTRANTS

5.1.2 BARGAINING POWER OF SUPPLIERS

5.1.3 THREAT OF SUBSTITUTES

5.1.4 BARGAINING POWER OF BUYERS

5.1.5 INTENSITY OF RIVALRY

5.2 SUPPLY CHAIN ANALYSIS

5.2.1 DESIGN & DEVELOPMENT

5.2.2 RAW MATERIAL/COMPONENT SUPPLY

5.2.3 MANUFACTURE

5.2.4 DISTRIBUTION

5.2.5 END USE

6 GLOBAL MOTORSPORT PRODUCTS MARKET, BY RACING TYPE

6.1 OVERVIEW

6.2 RALLYING

6.3 FORMULA RACING

6.4 TOURING CAR RACING

6.5 SPORT CAR RACING

6.6 PRODUCTION CAR RACING

6.7 STOCK CAR RACING

6.8 OTHERS

7 GLOBAL MOTORSPORT PRODUCTS MARKET, BY REGION

7.1 OVERVIEW

7.2 NORTH AMERICA

7.2.1 NORTH AMERICA MOTORSPORT PRODUCTS MARKET BY COUNTRY

7.2.2 NORTH AMERICA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.2.3 US

7.2.3.1 US MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.2.4 CANADA

7.2.4.1 CANADA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.2.5 MEXICO

7.2.5.1 MEXICO MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3 EUROPE

7.3.1 EUROPE MOTORSPORT PRODUCTS MARKET BY COUNTRY

7.3.2 EUROPE MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3.3 GERMANY

7.3.3.1 GERMANY MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3.4 UK

7.3.4.1 UK MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3.5 FRANCE

7.3.5.1 FRANCE MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3.6 ITALY

7.3.6.1 ITALY MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.3.7 REST OF EUROPE

7.3.7.1 REST OF EUROPEMOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.4 ASIA PACIFIC

7.4.1 ASIA PACIFIC MOTORSPORT PRODUCTS MARKET BY COUNTRY

7.4.2 ASIA PACIFIC MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.4.3 CHINA

7.4.3.1 CHINA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.4.4 JAPAN

7.4.4.1 JAPAN MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.4.5 INDIA

7.4.5.1 INDIA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.4.6 REST OF ASIA PACIFIC

7.4.6.1 REST OF ASIA PACIFIC MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.5 REST OF THE WORLD (ROW)

7.5.1 REST OF THE WORLD (ROW) MOTORSPORT PRODUCTS MARKET BY REGION

7.5.2 REST OF THE WORLD (ROW) MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.5.3 MIDDLE EAST & AFRICA

7.5.3.1 MIDDLE EAST & AFRICA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

7.5.4 SOUTH AMERICA

7.5.4.1 SOUTH AMERICA MOTORSPORT PRODUCTS MARKET BY RACING TYPE

8 COMPETITIVE LANDSCAPE

8.1 COMPETITIVE OVERVIEW

8.2 MARKET SHARE ANALYSIS, 2020

8.3 MAJOR GROWTH STRATEGY IN THE GLOBAL MOTORSPORT PRODUCTS MARKET

8.4 COMPETITIVE BENCHMARKING

8.5 KEY DEVELOPMENTS IN THE GLOBAL MOTORSPORT PRODUCTS MARKET

8.5.1 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS

8.5.2 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS

8.5.3 KEY DEVELOPMENTS: PARTNERSHIPS & COLLABORATIONS

8.5.4 KEY DEVELOPMENTS: EXPANSIONS & INVESTMENTS

8.5.5 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES

9 COMPANY PROFILES

9.1 VOLKSWAGEN AG

9.1.1 COMPANY OVERVIEW

9.1.2 FINANCIAL OVERVIEW

9.1.3 PRODUCTS OFFERED

9.1.4 KEY DEVELOPMENTS

9.1.5 SWOT ANALYSIS

9.1.6 KEY STRATEGIES

9.2 TOYOTA MOTOR CORPORATION

9.2.1 COMPANY OVERVIEW

9.2.2 FINANCIAL OVERVIEW

9.2.3 PRODUCTS OFFERED

9.2.4 KEY DEVELOPMENTS

9.2.5 SWOT ANALYSIS

9.2.6 KEY STRATEGIES

9.3 DAIMLER AG

9.3.1 COMPANY OVERVIEW

9.3.2 FINANCIAL OVERVIEW

9.3.3 PRODUCTS OFFERED

9.3.4 KEY DEVELOPMENTS

9.3.5 SWOT ANALYSIS

9.3.6 KEY STRATEGIES

9.4 FERRARI N.V.

9.4.1 COMPANY OVERVIEW

9.4.2 FINANCIAL OVERVIEW

9.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.4.4 KEY DEVELOPMENTS

9.4.5 SWOT ANALYSIS

9.4.6 KEY STRATEGIES

9.5 PORSCHE

9.5.1 COMPANY OVERVIEW

9.5.2 FINANCIAL OVERVIEW

9.5.3 PRODUCTS OFFERED

9.5.4 KEY DEVELOPMENTS

9.5.5 SWOT ANALYSIS

9.5.6 KEY STRATEGIES

9.6 JAGUAR LAND ROVER AUTOMOTIVE PLC

9.6.1 COMPANY OVERVIEW

9.6.2 FINANCIAL OVERVIEW

9.6.3 PRODUCTS OFFERED

9.6.4 KEY DEVELOPMENTS

9.7 ABT SPORTSLINE GMBH

9.7.1 COMPANY OVERVIEW

9.7.2 FINANCIAL OVERVIEW

9.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.7.4 KEY DEVELOPMENTS

9.8 CITROËN

9.8.1 COMPANY OVERVIEW

9.8.2 FINANCIAL OVERVIEW

9.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.8.4 KEY DEVELOPMENTS

9.9 RED BULL GMBH

9.9.1 COMPANY OVERVIEW

9.9.2 FINANCIAL OVERVIEW

9.9.3 PRODUCTS OFFERED

9.9.4 KEY DEVELOPMENTS

9.10 MCLAREN GROUP LTD.

9.10.1 COMPANY OVERVIEW

9.10.2 FINANCIAL OVERVIEW

9.10.3 PRODUCTS OFFERED

9.10.4 KEY DEVELOPMENTS

9.11 GROUPE PSA

9.11.1 COMPANY OVERVIEW

9.11.2 FINANCIAL OVERVIEW

9.11.3 PRODUCTS OFFERED

9.11.4 KEY DEVELOPMENTS

9.12 SUBARU CORPORATION

9.12.1 COMPANY OVERVIEW

9.12.2 FINANCIAL OVERVIEW

9.12.3 PRODUCTS OFFERED

9.12.4 KEY DEVELOPMENTS

9.13 JA MOTORSPORT

9.13.1 COMPANY OVERVIEW

9.13.2 FINANCIAL OVERVIEW

9.13.3 PRODUCTS OFFERED

9.13.4 KEY DEVELOPMENTS

9.14 TOYOTA GAZOO RACING

9.14.1 COMPANY OVERVIEW

9.14.2 FINANCIAL OVERVIEW

9.14.3 PRODUCTS OFFERED

9.14.4 KEY DEVELOPMENTS

9.15 SUBARU WORLD RALLY TEAM

9.15.1 COMPANY OVERVIEW

9.15.2 FINANCIAL OVERVIEW

9.15.3 PRODUCTS OFFERED

9.15.4 KEY DEVELOPMENTS

9.16 CITROËN WORLD RALLY TEAM

9.16.1 COMPANY OVERVIEW

9.16.2 FINANCIAL OVERVIEW

9.16.3 PRODUCTS OFFERED

9.16.4 KEY DEVELOPMENTS

9.17 OPEL RALLY TEAM

9.17.1 COMPANY OVERVIEW

9.17.2 FINANCIAL OVERVIEW

9.17.3 PRODUCTS OFFERED

9.17.4 KEY DEVELOPMENTS

9.18 SUZUKI WORLD RALLY TEAM

9.18.1 COMPANY OVERVIEW

9.18.2 FINANCIAL OVERVIEW

9.18.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.18.4 KEY DEVELOPMENTS

9.19 ICE 1 RACING

9.19.1 COMPANY OVERVIEW

9.19.2 FINANCIAL OVERVIEW

9.19.3 PRODUCTS OFFERED

9.19.4 KEY DEVELOPMENTS

9.20 BRAZIL WORLD RALLY TEAM

9.20.1 COMPANY OVERVIEW

9.20.2 FINANCIAL OVERVIEW

9.20.3 PRODUCTS OFFERED

9.20.4 KEY DEVELOPMENTS

10 APPENDIX

10.1 DATA SOURCES