According to Cognitive Market Research, the global Hyper Cars market size will be USD 19695.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 33.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 7878.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5908.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4529.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 984.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 393.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.7% from 2024 to 2031.
The hybrid hyper cars category is the fastest growing segment of the Hyper Cars industry