Content of the study:
The karting market - Italy

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MARKET OVERVIEW

1.1 Definition and scope of study

Karting is a motor sport practiced on a racing track using a kart which is a small single-seater car with four wheels, without bodywork, gearbox or suspension. Kurtis Kraft, an American car technician, developed the Kart in 1956 when he welded together the tubes of the chassis on which he had installed the engine of an old lawnmower, never expecting the ensuing craze.

Karting practice takes two main forms: leisure or competition. The first of these two forms is intended for people who occasionally rent karts for racing sessions. On the other hand, competitive karting is a real sport that requires a license from the federation of the nation you race in; Internationally, the sport of karting is regulated by the Paris-based FIA Karting. Many great Formula 1 champions started out in karting and then became professionals by climbing the various categories. 

There are also two types of circuits, namely indoor and outdoor.

From 2021 to 2030, the worldwide karting market is expected to grow at a CAGR of 3,9%, from USD104,8 million in 2020 to USD 154,3 million in 2030.

Landed in Italy in 1957, Karting is regulated by ACI CSAI.  Italy can in some ways be considered the home of karting: there are numerous tracks throughout the country where enthusiasts can try out their skills. The regions with the most karting tracks are Emilia Romagna and Sicily. The Italian karting championship has a large audience, with an estimated 6.5 million people in 2021; it makes the headlines in major newspapers such as "La Gazzetta dello Sport", "Il Corriere dello Sport" and "l'Automobile" magazine. It is a sport that also creates engagement among the physical audience, with over 18,000 live viewers throughout the 2019 championship.

The market is very fragmented with independent practice sites and some franchises, especially in the Indoor Karting segment with K1Speed for example (leading karting company worldwide). The most relevant sponsor companies working in the Italian industry are: Tecnauto, Yokohama, Andreani Group, Motorquality and Sparco. 

New trends have been observed in the practice of this sport, especially regarding the ecological transition with the development of electric karts and the implementation of collection systems for the recovery and recycling of tires.

ANALYSIS OF THE DEMAND

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATION

POSITIONING OF THE ACTORS

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Reviews (3)

The karting market - France

Publicado en 16/07/2022 by aloyer De France

Synthetic but the essence is there.

The karting market - France

Publicado en 09/03/2022 by Sébastien Fraise

"Interesting, comprehensive and professional study Thank you."

The karting market - France

Publicado en 01/10/2020 by Mathieu Petit

Relevant study with an absolutely unbeatable quality-price ratio. Ideal for bank file or company buyout. I recommend it.


Businesscoot Response:

Hello Mathieu, Thank you for your feedback on our study, we are very happy to contribute to the success of your project. :)