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The global sports car market was valued at US$31.564 billion in 2019 and is expected to grow at a CAGR of 10.12% over the forecast period to reach a total market size of US$56.278 billion in 2025.Increasing wealth of business owners and adoption of luxury lifestyle are major growth factors of sports car market globally.<br>
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Global Sports Car Market Forecast From 2020 to 2025
DESCRIPTION The global sports car market was valued at US$31.564 billion in 2019 and is expected to grow at a CAGR of 10.12% over the forecast period to reach a total market size of US$56.278 billion in 2025. The global sports car market growth is closely tied to the change in the number of millionaires and billionaires in many countries worldwide. According to Knowledge Sourcing Intelligence estimates, the world already saw the number of billionaires cross the 2100 mark in 2019, and is set to witness a continuous increase in this number over the projected period.
Key Questions Answered By The Report • What will be theGlobal Sports Car Marketfrom 2020 to 2025? • How are the major drivers and restraints affecting the Global Sports Car Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Global Sports Car Market are : • By Power Source • Internal Combustion Engine • Battery • Hybrid
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES Ford Motor Company AUDI AG BMW AG Ferrari McLaren Group Porsche Acura
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