Insights on the All-terrain Vehicle Global Market to 2027 – Focus on Utility, Sport and Recreational ATVs

DUBLIN, July 4, 2022 /PRNewswire/ — The “All-terrain Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The global all-terrain vehicle market reached a value of US$ 4.1 Billion in 2021 and it is to reach US$ 5.0 Billion by 2027, exhibiting a CAGR of 3.36% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An all-terrain vehicle (ATV) refers to a motorized single-seated tri or quadricycle bike and buggy that is designed for off-road travel and activities. The vehicle consists of handlebars and low-pressure tires that have deep-threaded structures, which assist in driving over muddy, rocky, wetlands and dune topologies.

In comparison to other utility vehicles (UTVs), ATVs offer excellent off-road capabilities and can carry heavy equipment over long distances and narrow access points. They can also be customized for high-performance riding, owing to which they find extensive applications across various industries, including sports, entertainment, agriculture, military and defence.

Increasing consumer preference for off-road recreational activities and adventure sports is one of the key factors driving the growth of the market. With the advancements in automotive infotainment systems, vendors are offering ATVs with GPS tracking and Bluetooth connectivity systems, thereby enhancing the overall driving experience. Furthermore, widespread product adoption by the agriculture industry is also providing a boost to the market growth.

ATVs are widely utilized for conducting farm-related activities, such as field ploughing, weed control, animal handling and transportation of materials. Additionally, various technological advancements, including the development of electric quad bikes and the installation of improved steering systems, hydraulic pump connections, joystick controls and graphic displays in ATVs, are also contributing to the market growth. Other factors creating a positive impact on the market include a significant increase in the tourism industry, rapid urbanization and rising expenditure capacities of the consumers.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Polaris Industries Inc. ,Honda Motor Co. Ltd. ,Kawasaki Heavy Industries ,Yamaha Motor Corporation ,Suzuki Motor Corporation , KYMCO , Deere & Company (John Deere) ,Arctic Cat Inc. ,Bombardier Recreational Products (BRP) , CFMOTO , CECTEK ,HiSun Motors , Linhai and Taiwan Golden Bee.

Key Questions Answered in This Report:

  • How has the global all-terrain vehicle market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global all-terrain vehicle market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the engine type?
  • What is the breakup of the market based on the number of wheels?
  • What is the breakup of the market based on the drive type?
  • What is the breakup of the market based on the fuel type?
  • What is the breakup of the market based on the seating capacity?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global all-terrain vehicle market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global All-terrain Vehicle Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

6.1 Utility ATV

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Sport ATV

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Recreational ATV

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Others

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Breakup by Application

7.1 Sports

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Entertainment

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Agriculture

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Military & Defence

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Others

7.5.1 Market Trends

7.5.2 Market Forecast

8 Market Breakup by Engine Type

8.1 Below 400 cc

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 400 – 800 cc

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Above 800 cc

8.3.1 Market Trends

8.3.2 Market Forecast

9 Market Breakup by No. of Wheels

9.1 Three Wheels

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Four Wheels

9.2.1 Market Trends

9.2.2 Market Forecast

9.3 >Four Wheels

9.3.1 Market Trends

9.3.2 Major Types

10 Market Breakup by Drive Type

10.1 2WD

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 4WD

10.2.1 Market Trends

10.2.2 Market Forecast

10.3 AWD

10.3.1 Market Trends

10.3.2 Major Types

11 Market Breakup by Fuel Type

11.1 Electric ATV

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Gasoline ATV

11.2.1 Market Trends

11.2.2 Market Forecast

12 Market Breakup by Seating Capacity

12.1 One Seat

12.1.1 Market Trends

12.1.2 Market Forecast

12.2 Two or More Seats

12.2.1 Market Trends

12.2.2 Market Forecast

13 Market Breakup by Region

14 SWOT Analysis

15 Value Chain Analysis

16 Porters Five Forces Analysis

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

17.3.1 Polaris Industries Inc.

17.3.1.1 Company Overview

17.3.1.2 Product Portfolio

17.3.1.3 Financials

17.3.1.4 SWOT Analysis

17.3.2 Honda Motor Co. Ltd.

17.3.2.1 Company Overview

17.3.2.2 Product Portfolio

17.3.2.3 Financials

17.3.2.4 SWOT Analysis

17.3.3 Kawasaki Heavy Industries

17.3.3.1 Company Overview

17.3.3.2 Product Portfolio

17.3.3.3 Financials

17.3.3.4 SWOT Analysis

17.3.4 Yamaha Motor Corporation

17.3.4.1 Company Overview

17.3.4.2 Product Portfolio

17.3.4.3 Financials

17.3.4.4 SWOT Analysis

17.3.5 Suzuki Motor Corporation

17.3.5.1 Company Overview

17.3.5.2 Product Portfolio

17.3.5.3 Financials

17.3.5.4 SWOT Analysis

17.3.6 KYMCO

17.3.6.1 Company Overview

17.3.6.2 Product Portfolio

17.3.7 Deere & Company (John Deere)

17.3.7.1 Company Overview

17.3.7.2 Product Portfolio

17.3.7.3 Financials

17.3.7.4 SWOT Analysis

17.3.8 Arctic Cat Inc.

17.3.8.1 Company Overview

17.3.8.2 Product Portfolio

17.3.9 Bombardier Recreational Products (BRP)

17.3.9.1 Company Overview

17.3.9.2 Product Portfolio

17.3.10 CFMOTO

17.3.10.1 Company Overview

17.3.10.2 Product Portfolio

17.3.10.3 Financials

17.3.11 CECTEK

17.3.11.1 Company Overview

17.3.11.2 Product Portfolio

17.3.12 HiSun Motors

17.3.12.1 Company Overview

17.3.12.2 Product Portfolio

17.3.13 Linhai

17.3.13.1 Company Overview

17.3.13.2 Product Portfolio

17.3.13.3 Financials

17.3.14 Taiwan Golden Bee

17.3.14.1 Company Overview

17.3.14.2 Product Portfolio

For more information about this report visit https://www.researchandmarkets.com/r/n09eq5

Media Contact:

Research and Markets

Laura Wood, Senior Manager

[email protected]

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets


Go to Source