All-Terrain Vehicle Market Report by Type (Utility ATV, Sport ATV, Recreational ATV, and Others), Application (Sports, Entertainment, Agriculture, Military & Defence, and Others), Engine Type (Below 400 cc, 400 – 800 cc, Above 800 cc), No. of Wheels (Thre

All-Terrain Vehicle Market Report by Type (Utility ATV, Sport ATV, Recreational ATV, and Others), Application (Sports, Entertainment, Agriculture, Military & Defence, and Others), Engine Type (Below 400 cc, 400 – 800 cc, Above 800 cc), No. of Wheels (Three Wheels, Four Wheels, >Four Wheels), Drive Type (2WD, 4WD, AWD), Fuel Type (Electric ATV, Gasoline ATV), Seating Capacity (One Seat, Two or More Seats), and Region 2024-2032


The global all-terrain vehicle (ATV) market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3% during 2024-2032.

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.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global all-terrain vehicle market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, application, engine type, no. of wheels, drive type, fuel type and seating capacity.

Breakup by Type:

Utility ATV
Sport ATV
Recreational ATV
Others

Breakup by Application:

Sports
Entertainment
Agriculture
Military & Defence
Others

Breakup by Engine Type:

Below 400 cc
400 – 800 cc
Above 800 cc

Breakup by No. of Wheels:

Three Wheels
Four Wheels
>Four Wheels

Breakup by Drive Type:

2WD
4WD
AWD

Breakup by Fuel Type:

Electric ATV
Gasoline ATV

Breakup by Seating Capacity:

One Seat
Two or More Seats

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

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?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting 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 Market Forecast
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 Market Forecast
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
13.1 North America
13.1.1 United States
13.1.1.1 Market Trends
13.1.1.2 Market Forecast
13.1.2 Canada
13.1.2.1 Market Trends
13.1.2.2 Market Forecast
13.2 Asia Pacific
13.2.1 China
13.2.1.1 Market Trends
13.2.1.2 Market Forecast
13.2.2 Japan
13.2.2.1 Market Trends
13.2.2.2 Market Forecast
13.2.3 India
13.2.3.1 Market Trends
13.2.3.2 Market Forecast
13.2.4 South Korea
13.2.4.1 Market Trends
13.2.4.2 Market Forecast
13.2.5 Australia
13.2.5.1 Market Trends
13.2.5.2 Market Forecast
13.2.6 Indonesia
13.2.6.1 Market Trends
13.2.6.2 Market Forecast
13.2.7 Others
13.2.7.1 Market Trends
13.2.7.2 Market Forecast
13.3 Europe
13.3.1 Germany
13.3.1.1 Market Trends
13.3.1.2 Market Forecast
13.3.2 France
13.3.2.1 Market Trends
13.3.2.2 Market Forecast
13.3.3 United Kingdom
13.3.3.1 Market Trends
13.3.3.2 Market Forecast
13.3.4 Italy
13.3.4.1 Market Trends
13.3.4.2 Market Forecast
13.3.5 Spain
13.3.5.1 Market Trends
13.3.5.2 Market Forecast
13.3.6 Russia
13.3.6.1 Market Trends
13.3.6.2 Market Forecast
13.3.7 Others
13.3.7.1 Market Trends
13.3.7.2 Market Forecast
13.4 Latin America
13.4.1 Brazil
13.4.1.1 Market Trends
13.4.1.2 Market Forecast
13.4.2 Mexico
13.4.2.1 Market Trends
13.4.2.2 Market Forecast
13.4.3 Others
13.4.3.1 Market Trends
13.4.3.2 Market Forecast
13.5 Middle East and Africa
13.5.1 Market Trends
13.5.2 Market Breakup by Country
13.5.3 Market Forecast
14 SWOT Analysis
14.1 Overview
14.2 Strengths
14.3 Weaknesses
14.4 Opportunities
14.5 Threats
15 Value Chain Analysis
16 Porters Five Forces Analysis
16.1 Overview
16.2 Bargaining Power of Buyers
16.3 Bargaining Power of Suppliers
16.4 Degree of Competition
16.5 Threat of New Entrants
16.6 Threat of Substitutes
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

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