Read The Times Australia

Daily Bulletin

Motorsports Market into a $5 Billion Market by the year 2018

  • Written by: Pitch Engine
image

The report “Motorsports Market Analysis and Forecast Sponsorship and Advertising Revenues Back on Growth Path - Global Forecast and Analysis to 2018″, defines and segments the global Motorsports Market with an analysis and forecast of the market size.

Browse Market Data Tables, Figures spread through 110 pages and in-depth TOC on “Motorsports Market Analysis and Forecast Sponsorship and Advertising Revenues Back on Growth Path - Global Forecast and Analysis to 2018”.

http://industryarc.com/Report/17/global-motorsporting-motorsports-market.html

Motorsports are contests which involve racing of motorized vehicles such as cars, motor cycles, trucks, boats and others. Auto racing or car racing has been the most popular outdoor competitive event in motorsports across the globe. Based on the type of automobile used, auto racing can be categorized into Formula racing, touring car racing, sports car racing, Kart racing and many more. Among the different forms of auto racing, formula racing has been the most prevalent and universal sporting event. The focus of this Motorsports Market report from IndustryARC is primarily on the F1 series which includes Formula One Championship and GP2 feeder series which are considered as the highest class of single-seat auto racing.

Request a sample @http://industryarc.com/pdfdownload.aspx?id=17

The Motorsports report covers the market analysis of F1 and its feeder series. Revenue generation for these events is analyzed by type of revenue channel such as sponsorship/advertising, race hosting fees, broadcasting, ticketing and merchandising. The report also provides an analysis of motorsports market for different regions such as Americas, Europe and Asia-Pacific and the country-level analysis of these regions. Furthermore, major drivers, constraints and challenges for the market are also covered in the report.

Motorsports market is estimated to reach $5 billion by 2018 at a healthy CAGR of 9.6%. The revenue generated from these events is estimated to grow exponentially as the number of races and Grand Prix are estimated to increase from 19 to 25 by 2020. Majority of the revenue is contributed by ticketing channels wherein the revenue depends on the audience strength for a particular racing event. Some of the other revenue channels include broadcasting fee paid by TV channels, sponsorship from event and trackside sponsors and merchandize sales. Driven by the increase in racing formats, number of races, advertisements and sponsorships, the revenue from racing events will outpour in the coming years.

Request for Customization @ http://industryarc.com/requestcustomization.aspx?id=17 

However, media rights distribution in the European region has been a major constraint for the market as T.V. viewership has declined. Rising costs of F1 racing stands as a major challenge hindering the revenues from the events. Over the years, with the rising costs of F1 racing; there has been an increase in the prices of tickets which is restricting the reach of motorsports in certain countries. Degree of competition among the teams, sponsors, broadcasters and other stakeholders of the market have been high due to the increase in events on a global scale. Key players in the market include Ferrari S.p.A (Italy), Mercedes Benz GmbH (Italy), McLaren Automotive Ltd (U.K.) and Red bull GmbH (Austria).

Inquiry Before Buying @ http://industryarc.com/requestcustomization.aspx?id=17

Related Report You May Be Interested:

Browse More Reports:

http://industryarc.com/Domain/3/automotive-market-research.html

About Us:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact      

Mr. Sanjay Matthews

Sales Manager                  

Contact Sales: 1-614-588-8538 (Ext-101)

Authors: Pitch Engine

Read more http://www.pitchengine.com/pitches/61c7c398-f7d3-41e2-9a42-bb32dd27eeb6

Business News

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Elevate Your Morning Routine with Cafe-Style Coffee at Home with the Right Coffee Machine

There's something magical about that first sip of coffee in the morning. It’s more than just a bev...

Top Garment Steamers for Busy Professionals in Australia

The gap between garment steamers built for a quick touch-up and ones built to keep pace with a wor...

Correct Sleeping Posture to Minimize Back Strain

Most people don’t pay much attention to how they sleep until they start waking up with a stiff bac...

Why Product Longevity Matters for Sustainable Australian Buildings

Sustainability in building design is often associated with recycled materials, renewable resources a...

NDIS Support Coordination Explained: What Does a Support Coordinator Actually Do?

NDIS support coordination explained means understanding how a professional can help participants n...

When Should You Speak with Divorce Lawyers in Sydney?

Divorce involves more than completing an online application. It can affect parenting arrangements, p...

How to Choose a Reliable Hot Water System Installer on the Gold Coast

Choosing a reliable installer is just as important as choosing the right hot water system. A qualifi...

How Microtask Platforms Support Modern Digital Promotion

Digital promotion has become increasingly complex. Businesses communicate with customers through w...

Cosmetic Dentistry Options From a Brisbane-Based Dental Team

You cover your mouth when you laugh. You skip the group photo. Maybe you edit pictures to soften a...