The global hypercar market is driven by increased competition among sports car manufacturers, a shift in demand from regular to luxury sports vehicles as disposable income rises, technological innovation, and risk reduction in terms of short braking distance, crash handling, and agile handling. The high expense of the hypercar, on the other hand, limits market growth. On the other hand, an increase in the production of ultra-clean, secure, and efficient hypercars in developing nations would boost product demand and give profitable chances for the Hypercar Market to grow in the next years. The automobile industry is working to build ultra-lightweight automobiles. In addition, IoT integration, innovation, racing, and creative design are the key driving forces for the industry.