ATV & UTV market Overview:
ATV's are single-seated, small, open motor vehicles with ability to operate on variety of terrains such as snow, forests, mountains, and other rough terrains. However, UTV's have multiple seating capacity and can carry more than one rider safely. UTV's are also called as Side by Side as they feature side by side seating facility for passengers. These vehicles have deep-threaded tires, which allows the ATV and UTV to be driven on the muddy, rocky, and other such rough terrains.
The ATV and UTV market has witnessed significant growth over the years, owing to increase in trend of power sport and recreational activities worldwide.
The global ATV & UTV market is segmented into vehicle type, displacement, fuel type, application, end-user vertical, and region. Based on vehicle type, the market is divided into ATV and UTV. Displacement of vehicle is categorized as ? 400 (CC), 400-800 (CC), and ? 800 (CC). Fuel type is further classified into gasoline powered, diesel powered, electric powered, and solar powered. Based on application, the market is categorized into utility, sports, and others. End-user vertical is segregated into agriculture, military, mountaineering, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the ATV and UTV market include Polaris Industries, Inc., Deere & Company., Kawasaki Motors Corp., U.S.A., Yamaha Motor Co., Ltd., ARCTIC CAT INC., Honda Motor Company, BRP, HISUN, KYMCO, Suzuki, and others.
Key Benefits for ATV & UTV market:
This study comprises the analytical depiction of the global ATV and UTV market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter??s five forces analysis illustrates the potency of the buyers and suppliers.
ATV & UTV Key Market Segments:
By Vehicle Type
ATV
UTV
By Displacement
? 400 (CC)
400-800 (CC)
? 800 (CC)
By Fuel Type
Gasoline Powered
Diesel Powered
Electric Powered
Solar Powered
By Application
Utility
Sports
Others
By End-user Vertical
Agriculture
Military
Mountaineering
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa