Motorsports involve organizing competitive race events of motorized vehicles. These events generally involve custom cars, trucks, motorbikes, go-carts, boats, and snow mobiles. F1, NASCAR (National Association of Stock Car Auto Racing), IndyCar, and the World Rally Championship (WRC) are some of the popular motorsport events. F1 is the most popular among them, closely followed by IndyCar Series and NASCAR.
Technavio’s analysts forecast the global motorsport market to grow at a CAGR of 0.08% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global motorsport market for 2017-2021. To calculate the market size, the report considers the revenue generated by sponsors, TV, merchandise sales and ticketing sales.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Motorsport Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Ferrari • McLaren • Mercedes-Benz • Red Bull Racing
Other prominent vendors • Citroën • Hendrick Motorsports • Joe Gibbs Racing • Lancia Delta • Roush Fenway Racing • Team Penske • Toyota
Market driver • Significant investments by sponsors • For a full, detailed list, view our report
Market challenge • Intense competition from other forms of sports • For a full, detailed list, view our report
Market trend • Evolution of Formula E • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
265 pages •
By Noealt Corporate Services
• Oct 2018
The Global Medium and Heavy Truck market has been cruising in the top gear led by steady demand growth traction across most key markets globally, led by North America & Europe, with good capacity utilization and profitability driving momentum for fleet renewal & expansion activities. The U.S. economy has been on a solid footing with strong...
Increased demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway vehicles) to boost the growth of the torque vectoring market for automotive. The torque vectoring market for automotive is primarily driven by the increasing demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway...
The vehicle intercom system market is projected to grow at a CAGR of 6.89% from 2018 to 2023 The vehicle intercom system market is projected to grow from an estimated USD 845.9 million in 2018 to USD 1,180.5 million by 2023, at a CAGR of 6.89 % from 2018 to 2023. Factors such as the increasing complexity of military operations...
Rising demand for passenger safety, comfort and luxury, and reduction in vehicle weight will propel the drive by wire market The drive by wire market is primarily driven by the increasing number of mandates from governments to control vehicle emissions and the demand for passenger safety and comfort. The drive by wire market...
The global automated guided vehicle market is expected to reach revenues of approximately $5 billion by 2023, growing at a CAGR of around 18% during 2017-2023. The research report offers market size analysis in terms of unit shipment values during the forecast period. The easy implementation, flexible route mapping, high accuracy, and easy...
Forklift trucks are small industrial vehicles with power operated forked platform attached at the front that can be raised and lowered for insertion under a cargo to lift or move it. Forklifts are used in various industries including warehouse and other large storage facilities. Forklifts are powered by electric battery...