Global ATV & UTV Market Growth 2023-2029
Side by Sides are defined as a vehicle:
-Designed for operation off of the highway
-Suspended on four or more low pressure or non-pneumatic tires
-Has a steering wheel for steering control
-Have one seat to accommodate a driver and one or more passenger sitting
LPI (LP Information)' newest research report, the “ATV & UTV Industry Forecast” looks at past sales and reviews total world ATV & UTV sales in 2022, providing a comprehensive analysis by region and market sector of projected ATV & UTV sales for 2023 through 2029. With ATV & UTV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ATV & UTV industry.
This Insight Report provides a comprehensive analysis of the global ATV & UTV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ATV & UTV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global ATV & UTV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ATV & UTV and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ATV & UTV.
The global ATV & UTV market size is projected to grow from US$ 13420 million in 2022 to US$ 20010 million in 2029; it is expected to grow at a CAGR of 20010 from 2023 to 2029.
Global core ATV & UTV manufacturers include Polaris, Honda, BRP etc.The top 5 companies hold a share about 60%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 3%.In terms of product, UTV is the largest segment, with a share about 70%. And in terms of application, the largest application is entertainment, followed by work.
This report presents a comprehensive overview, market shares, and growth opportunities of ATV & UTV market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
ATV
UTV
Segmentation by application
Work
Entertainment
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Polaris
Honda
BRP
Kawasaki
Hisun Motors
CFMOTO
Yamaha Motor
John Deere
Kubota
Arctic Cat
Suzuki
KYMCO
Segway
Linhai Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global ATV & UTV market?
What factors are driving ATV & UTV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do ATV & UTV market opportunities vary by end market size?
How does ATV & UTV break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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