Hypercar Market: Region wise Outlook
The hypercar market is divided into seven regions, namely Asia Pacific excluding Japan (APEJ), MEA, Japan, Latin America, North America, Eastern Europe and Western Europe. Europe is the global leader in producing hypercars because of Italy, Germany and UK which are the top three manufacturers of hypercars. Some of the top brands are present in this region, which are the major producers of hypercars and they are situated in Europe.
North America is expected to be the next prominent region in producing hypercars because of USA which has brands like Ford which produce hypercars. Japan is the country which produce a large number of economical cars rather than producing hypercars but some of it’s cars are the best competitors to other hypercars. Europe and MEA are the global leaders in buying hypercars followed by North America. APEJ is the region which produces and consumes a large number of economical cars rather than hypercars because of the lifestyle and annual income.