Global ATVs+2 & 3 Wheeler Market Growth 2025-2031

Global ATVs+2 & 3 Wheeler Market Growth 2025-2031

The global ATVs+2 & 3 Wheeler market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

An all-terrain vehicle (ATV), also known as a quad, quad bike, three-wheeler, four-wheeler or quadricycle as defined by the American National Standards Institute (ANSI) is a vehicle that travels on low-pressure tires, with a seat that is straddled by the operator, along with handlebars for steering control. As the name implies, it is designed to handle a wider variety of terrain than most other vehicles. Although it is a street-legal vehicle in some countries, it is not street-legal within most states and provinces of Australia, the United States or Canada.

India, the most important two and three wheeler market, has overtaken China to emerge as the world"s biggest market for two-wheelers continued its growth trend in 2016. The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages.

The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. China instead recorded decreasing volumes in 2016, down by 12% compared to the previous year and ending the period with nearly 16.8 million units production. The China domestic two and three wheeler industry will continue to face rising labor costs, lower market demand, more stringent price competition between enterprises. Overall, the domestic part of the city"s ban on two wheeler policy will limit the consumption of the domestic motorcycle industry, but the devaluation of the renminbi and the export tax rebate rate of the motorcycle exports have played a positive impact, the motorcycle industry is entering a slow adjustment period. We forecast that China two and three wheeler market will keep a -3.87% CAGR decrease in 2016-2023F.

LP Information, Inc. (LPI) ' newest research report, the “ATVs+2 & 3 Wheeler Industry Forecast” looks at past sales and reviews total world ATVs+2 & 3 Wheeler sales in 2024, providing a comprehensive analysis by region and market sector of projected ATVs+2 & 3 Wheeler sales for 2025 through 2031. With ATVs+2 & 3 Wheeler sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ATVs+2 & 3 Wheeler industry.

This Insight Report provides a comprehensive analysis of the global ATVs+2 & 3 Wheeler 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 ATVs+2 & 3 Wheeler portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global ATVs+2 & 3 Wheeler market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ATVs+2 & 3 Wheeler 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 ATVs+2 & 3 Wheeler.

This report presents a comprehensive overview, market shares, and growth opportunities of ATVs+2 & 3 Wheeler market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Less than 200 ml
201-400 ml
401-700 ml
More than 700 ml

Segmentation by Application:
Sports and Leisure
Agriculture
Out-Door Work
Military Forces
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Honda
Hero MotoCorp Ltd
Bajaj Auto Ltd
TVS Motor Company Ltd
Yamaha
Suzuki
Jiangmen Grand River Group Co., Ltd.
Loncin Holding Ltd.
Lifan Industry (Group) Co., Ltd.
Luoyang Northern Enterprises Group Co., Ltd.
Guangzhou Dayang Motorcycle Co., Ltd.
Zongshen Industrial Group Co., Ltd.
Jianshe Industries (Group) Co., Ltd.
Chongqing Yinxiang Motorcycle (Group) Co., Ltd.
Wuyang-Honda Motors (Guangzhou) Co., Ltd.
China Jialing Industrial Co., Ltd.
Sundiro Honda Motorcycle Co., Ltd.
Qianjiang Group Co., Ltd.
Piaggio
Kwang Yang (Kymco)
Kawasaki
Polaris
Arctic Cat
Can-Am

Key Questions Addressed in this Report

What is the 10-year outlook for the global ATVs+2 & 3 Wheeler market?

What factors are driving ATVs+2 & 3 Wheeler market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do ATVs+2 & 3 Wheeler market opportunities vary by end market size?

How does ATVs+2 & 3 Wheeler break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.