All-Terrain Vehicle Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185677

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185677

All-Terrain Vehicle Market

Growth Factors of All-Terrain Vehicle (ATV) Market

The all-terrain vehicle (ATV) market size was valued at USD 5.76 billion in 2023, and the market is now projected to grow from USD 6.02 billion in 2024 to USD 9.35 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period of 2023-2030.

COVID-19 pandemic, experienced prospects stemming from augmented interest in outdoor recreation and outdoor happenings. During the early stages of the pandemic, the ATV market practiced disturbances due to lockdown measures, supply chain disruptions, and reduced customer spending. Numerous manufacturing services were enforced to close down for the time being, leading to making delays and lacks of ATV models.

The demand for ATVs has augmented for several farm-related happenings such as weed elimination, field cultivating, fence renovation, animal management, and all-purpose transportation in the agriculture sector. All-terrain vehicles are used in numerous industries such as building, manufacturing, services, search and rescue, and mining. Prominent companies deliver sponsorships and establish outdoor racing and adventure sports dealings to upsurge product appreciation and success new customers.

Increasing buyer inclination for outdoor entertaining happenings and adventure sports is motivating the all-terrain vehicle (ATV) market growth. Sellers are now delivering ATVs with GPS tracing and bluetooth communication technologies, refining the dynamic experience. Moreover, several technical enhancements, such as generating electric quad bikes and fixing improved steering systems, hydraulic pump connections, direction control, and graphic displays in ATVs are also aiding to motivate the industry advancing.

Comprehensive Analysis of All-Terrain Vehicle (ATV) Market

The market can be segmented in various ways, depending on the focus of analysis such as by engine size, by application. Based on application type, the market is segmented into sports, military and defense, and others. Based on engine size, the market is divided into less than 400 cc, 400cc-800 cc, and more than 800 cc.

North America region is dominating the all-terrain vehicle (ATV) market share due to sturdy military, farming, sports, entertainment, shooting, forestry, mining, and construction happenings. The usage of vehicles has prolonged expressively due to a developed economy, higher disposable income, electric vehicle initiatives, and government laws regulating ATVs.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Polaris Industries. (Medina, Minnesota, U.S.), Arctic Cat (Textron) (Providence, Rhode Island, U.S.), Honda Powersport (Tokyo, Japan), Kawasaki Heavy Industries (Tokyo, Japan), Suzuki Motor Corporation (Hamamatsu, Shizuoka, Japan), BRP (Valcourt, Quebec, Canada), Yamaha Motor Corporation (Iwata, Shizuoka, Japan), Cfmoto (Hangzhou, China), Hisun (Chongqing, China), KYMCO, Inc. (Kaohsiung City, Taiwan) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In April 2023, Polaris shipped the Ranger XP Kinetic, the company's lithium-ion-powered rechargeable side-by-side, one of the first products from the 10-year partnership between Polaris and Zero Motorcycles. The Ranger XP Kinetic Premium and Ranger XP Kinetic Ultimate were priced at USD 25,000 to USD 30,000.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Application Type

- Sports

- Military & Defense

- Others

By Engine Size

- Less than 400 CC

- 400 CC-800 CC

- More than 800 CC

By Geography

- North America (By Application Type, By Engine Size)

U.S. (By Application Type)
Canada (By Application Type)
Mexico (By Application Type)

- Europe (By Application Type, By Engine Size)

U.K. (By Application Type)
Germany (By Application Type)
France (By Application Type)
Rest of Europe (By Application Type)

- Asia Pacific (By Application Type, By Engine Size)

China (By Application Type)
Japan (By Application Type)
India (By Application Type)
Rest of APAC (By Application Type)

- Rest of the World (By Application Type, By Engine Size)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships; 4.2. Latest Technological Advancements; 4.3. Porters Five Forces Analysis; 4.4. Regulatory Landscape; 4.5. Impact of COVID-19 Pandemic on Global All-Terrain VehicleMarket
5. Global All-Terrain VehicleMarket Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Definition; 5.2. Market Analysis, Insights and Forecast - By Application Type; 5.2.1. Sports; 5.2.2. Military & Defense; 5.2.3. Others; 5.3. Market Analysis, Insights and Forecast - By Engine Size; 5.3.1. Less than 400 CC; 5.3.2. 400 CC-800 CC; 5.3.3. More than 800 CC; 5.4. Market Analysis, Insights and Forecast - By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Rest of the World
6. North America All-Terrain VehicleMarket Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast - By Application Type; 6.1.1. Sports; 6.1.2. Military & Defense; 6.1.3. Others; 6.2. Market Analysis, Insights and Forecast - By Engine Size; 6.2.1. Less than 400 CC; 6.2.2. 400 CC-800 CC; 6.2.3. More than 800 CC; 6.3. Market Analysis, Insights and Forecast - By Country; 6.3.1. U.S.; 6.3.1.1. Market Analysis, Insights and Forecast - By Application Type; 6.3.2. Canada; 6.3.2.1. Market Analysis, Insights and Forecast - By Application Type; 6.3.3. Mexico; 6.3.3.1. Market Analysis, Insights and Forecast - By Application Type
7. Europe All-Terrain VehicleMarket Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast - By Application Type; 7.1.1. Sports; 7.1.2. Military & Defense; 7.1.3. Others; 7.2. Market Analysis, Insights and Forecast - By Engine Size; 7.2.1. Less than 400 CC; 7.2.2. 400 CC-800 CC; 7.2.3. More than 800 CC; 7.3. Market Analysis, Insights and Forecast - By Country; 7.3.1. U.K.; 7.3.1.1. Market Analysis, Insights and Forecast - By Application Type; 7.3.2. Germany; 7.3.2.1. Market Analysis, Insights and Forecast - By Application Type; 7.3.3. France; 7.3.3.1. Market Analysis, Insights and Forecast - By Application Type; 7.3.4. Rest of Europe; 7.3.4.1. Market Analysis, Insights and Forecast - By Application Type
8. Asia Pacific All-Terrain VehicleMarket Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast - By Application Type; 8.1.1. Sports; 8.1.2. Military & Defense; 8.1.3. Others; 8.2. Market Analysis, Insights and Forecast - By Engine Size; 8.2.1. Less than 400 CC; 8.2.2. 400 CC-800 CC; 8.2.3. More than 800 CC; 8.3. Market Analysis, Insights and Forecast - By Country; 8.3.1. China; 8.3.1.1. Market Analysis, Insights and Forecast - By Application Type; 8.3.2. Japan; 8.3.2.1. Market Analysis, Insights and Forecast - By Application Type; 8.3.3. India; 8.3.3.1. Market Analysis, Insights and Forecast - By Application Type; 8.3.4. Rest of Asia Pacific; 8.3.4.1. Market Analysis, Insights and Forecast - By Application Type
9. Rest of the World All-Terrain VehicleMarket Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast - By Application Type; 9.1.1. Sports; 9.1.2. Military & Defense; 9.1.3. Others; 9.2. Market Analysis, Insights and Forecast - By Engine Size; 9.2.1. Less than 400 CC; 9.2.2. 400 CC-800 CC; 9.2.3. More than 800 CC
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Rank Analysis (2023); 10.3. Competitive Dashboard; 10.4. Comparative Analysis - Major Players; 10.5. Company Profiles; 10.5.1. Polaris Industries. (Medina, Minnesota, U.S.); 10.5.1.1. Overview; 10.5.1.2. Products & Services; 10.5.1.3. SWOT Analysis; 10.5.1.4. Recent Developments; 10.5.1.5. Strategies; 10.5.1.6. Financials (Based on Availability); 10.5.2. Arctic Cat (Textron) (Providence, Rhode Island, U.S.)Overview; 10.5.2.1. Products & Services; 10.5.2.2. SWOT Analysis; 10.5.2.3. Recent Developments; 10.5.2.4. Strategies; 10.5.2.5. Financials (Based on Availability); 10.5.3. Honda Powersport (Tokyo, Japan)Overview; 10.5.3.1. Products & Services; 10.5.3.2. SWOT Analysis; 10.5.3.3. Recent Developments; 10.5.3.4. Strategies; 10.5.3.5. Financials (Based on Availability); 10.5.4. Kawasaki Heavy Industries (Tokyo, Japan)Overview; 10.5.4.1. Products & Services; 10.5.4.2. SWOT Analysis; 10.5.4.3. Recent Developments; 10.5.4.4. Strategies; 10.5.4.5. Financials (Based on Availability); 10.5.5. Suzuki Motor Corporation (Hamamatsu, Shizuoka, Japan)Overview; 10.5.5.1. Products & Services; 10.5.5.2. SWOT Analysis; 10.5.5.3. Recent Developments; 10.5.5.4. Strategies; 10.5.5.5. Financials (Based on Availability); 10.5.6. BRP (Valcourt, Quebec, Canada)Overview; 10.5.6.1. Products & Services; 10.5.6.2. SWOT Analysis; 10.5.6.3. Recent Developments; 10.5.6.4. Strategies; 10.5.6.5. Financials (Based on Availability); 10.5.7. Yamaha Motor Corporation (Iwata, Shizuoka, Japan)Overview; 10.5.7.1. Products & Services; 10.5.7.2. SWOT Analysis; 10.5.7.3. Recent Developments; 10.5.7.4. Strategies; 10.5.7.5. Financials (Based on Availability); 10.5.8. Cfmoto (Hangzhou, China)Overview; 10.5.8.1. Products & Services; 10.5.8.2. SWOT Analysis; 10.5.8.3. Recent Developments; 10.5.8.4. Strategies; 10.5.8.5. Financials (Based on Availability); 10.5.9. Hisun (Chongqing, China)Overview; 10.5.9.1. Products & Services; 10.5.9.2. SWOT Analysis; 10.5.9.3. Recent Developments; 10.5.9.4. Strategies; 10.5.9.5. Financials (Based on Availability); 10.5.10. KYMCO, Inc. (Kaohsiung City, Taiwan)Overview; 10.5.10.1. Products & Services; 10.5.10.2. SWOT Analysis; 10.5.10.3. Recent Developments; 10.5.10.4. Strategies; 10.5.10.5. Financials (Based on Availability)