ATV and UTV Market by Type (ATV and UTV), by Displacement (Below 400 cc, 400–800 cc, and above 800 cc), by Fuel Type (Gasoline Powered, Diesel Powered, and Electric Powered), and by Application (Military, Agriculture, Recreation, and Other Applications) –

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,975	343 Pages	Next Move Strategy Consulting	August, 2023	NMSC18135509

Best Price Guarantee
Price	from $3,975
Length	343 Pages
Publisher	Next Move Strategy Consulting
Published Date	August, 2023
SKU	NMSC18135509

ATV and UTV Market by Type (ATV and UTV), by Displacement (Below 400 cc, 400–800 cc, and above 800 cc), by Fuel Type (Gasoline Powered, Diesel Powered, and Electric Powered), and by Application (Military, Agriculture, Recreation, and Other Applications) – Global Opportunity Analysis and Industry Forecast, 2023–2030

Meta Title: ATV and UTV Market Size and Share | Statistics - 2030
Meta Des: ATV and UTV Market was valued at USD 16.21 billion in 2022, and is slated to surpass USD 29.23 billion by 2030, owing to the introduction of electric ATV and UTV.

ATV and UTV Market
Domain – Automotive & Transportation
Sub Domain – Automotive

The global ATV and UTV market size was valued at USD 16.21 billion in 2022, and is projected to reach USD 29.23 billion by 2030, with a CAGR of 6.8% during the forecast period, 2023–2030.

The increasing concerns about air pollution and carbon emissions increase the demand for environmental-friendly alternatives in the off-road vehicle sector. Electric-powered ATVs and UTVs have emerged as a solution, offering zero-emission operation and reduced environmental impact. The development of electric models has gained momentum, with manufacturers investing in research and development activities to meet the demand for cleaner and more sustainable off-road vehicles.

For instance, in December 2021, Polaris and Zero Motorcycles released an electric UTV called the Ranger XP Kinetic. It has a top speed of 60 mph and a range of up to 100 miles on a single charge. The UTV has a 10-inch touchscreen display, a 12-volt power outlet, and a cargo bed. Thus, the market growth of ATVs and UTVs is further accelerated by manufacturers' increasing efforts to introduce electric models of these vehicles.

Moreover, the increasing popularity of adventure sports fuels the growth of the ATV and UTV market in recent years. Adventure enthusiasts and outdoor enthusiasts are constantly seeking new and exhilarating experiences. With powerful engines, sturdy construction, and advanced suspension systems, ATVs and UTVs can navigate through diverse landscapes, including rugged trails, muddy paths, sandy dunes, and rocky terrains. As a result, the ATV and UTV market continues to grow significantly, driven by the increasing demand from adventure enthusiasts.

Segment Overview
The global ATV and UTV market is segmented on the basis of type, fuel type, displacement, application, and geography.
 Based on type, the market is classified into ATV and UTV.
 Based on fuel type, the market is further segmented into gasoline powered, diesel powered, and electric powered.
 Based on displacement, the market is categorized into below 400 cc, 400–800 cc, and above 800 cc.
 Based on application, the market is divided into military, agriculture, recreation, and other applications.
 Based on region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world (RoW).

Regional Analysis
The North America market is projected to hold the dominant share by 2030
North America dominates the global ATV and UTV market with the U.S. market dominating the ATV and UTV industry. This region contributes to nearly half of the global market value. It has a robust recreational culture that places a significant emphasis on outdoor activities. This culture and diverse range of terrains encourage the use of ATVs and UTVs for recreational purposes. The popularity of off-roading, hunting, trail riding, and other outdoor adventures contributes to the dominance of the U.S. market.

In addition, Canada is the second-largest market for ATV and UTV vehicles in North America, due to its strong culture of outdoor activities and recreational pursuits. Additionally, Canada holds the 8th position among developed countries in the Adventure Tourism Development Index, highlighting the country's strong presence and attractiveness in adventure tourism. The growing demand for adventure tourism contributes to the increased interest in ATV and UTV activities, and further drives the market growth.

Key Market Players
Some of the key players in the ATV and UTV market include:
• Polaris, Inc.
• BRP, Inc.
• Honda Motor Co., Inc.
• Kawasaki Heavy Industries Ltd.
• Yamaha Motor Co. Ltd.
• Textron, Inc.
• CF Moto
• Suzuki Motor Corporation
• KYMCO Group
• Kubota Corporation

Recent Developments
August 2022
Yamaha unveiled its new 2023 ATV and UTV range, offering customers an expanded lineup of off-road vehicles. The range includes several models with updated features and enhancements to cater to the diverse needs of adventure enthusiasts and professionals in the outdoor industry.

August 2022
Arctic Cat, a Textron, Inc. company, unveiled its off-road ATV/UTV lineup for 2023. The lineup features a range of new models and strengthened collaboration with Garmin. The introduction of innovative off-road vehicles and the integration of Garmin's advanced navigation technology are set to enhance the off-roading experience for enthusiasts.

March 2023
Honda launched its popular ATVs and side-by-sides. It unveiled a new lineup of off-road vehicles that blend power, performance, and durability. The reintroduction of these vehicles aims to cater to the growing demand for recreational and utility vehicles in the power sports market.

March 2023
Polaris launched the RZR Pro R 4 Ultimate, a new model in its RZR lineup to cater to the off-road vehicle market. This four-seater UTV offers enhanced performance and advanced features to provide an exciting riding experience for adventure enthusiasts.

February 2023
BRP, Inc.’s brand Can-Am launched the next-generation mid-CC Outlander ATVs. The new models showcase cutting-edge technology, advanced features, and enhanced performance to cater to the demands of off-road enthusiasts.

KEY BENEFITS
• The ATV and UTV market report provides a quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the ATV and UTV market trends, including the current and future trends to depict prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the ATV and UTV market is provided in the report.
• The competitive analysis of the players along with their market share in the ATV and UTV market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.

1. Introduction: 1.1. Report Description; 1.2. Who Should Read This Report; 1.3. Key Market Segments; 1.4. Key Market Players; 1.5. Research Methodology; 1.5.1 Secondary Research; 1.5.2 Data Analysis Framework; 1.5.3 Market Size Estimation; 1.5.4 Forecasting; 1.5.5 Primary Research And Data Validation
2. Atv And Utv Market – Executive Summary: 2.1. Market Snapshot, 2022- 2030, Million Usd
3. Market Overview: 3.1. Market Definition And Scope; 3.2. Market Dynamics; 3.2.1 Drivers; 3.2.1.1 Increasing Popularity Of Adventure Sports; 3.2.1.2 Rising Application Of Atv And Utv In Military Appliances; 3.2.1.3 Introduction Of Electric Atv And Utv; 3.2.2 Restraints; 3.2.2.1 Limited Off-road Access And Safety Concerns; 3.2.3 Opportunities; 3.2.3.1 Emergence Of Advanced Technologies
4. Market Share Analysis: 4.1. Market Share Analysis Of Top Atv And Utv Market Providers, 2022
5. Global Atv And Utv Market, By Type: 5.1. Overview; 5.2. Atv; 5.2.1 Atv Market, By Region; 5.3. Utv; 5.3.1 Utv Market, By Region
6. Global Atv And Utv Market, By Displacement Type: 6.1. Overview; 6.2. Below 400 Cc; 6.2.1 Below 400 Cc Market, By Region; 6.3. 400-800 Cc; 6.3.1 400-800 Cc Market, By Region; 6.4. Above 800 Cc; 6.4.1 Above 800 Cc Market, By Region
7. Global Atv And Utv Market, By Fuel Type: 7.1. Overview; 7.2. Gasoline Powered; 7.2.1 Gasoline Powered Market, By Region; 7.3. Diesel Powered; 7.3.1 Diesel Powered Market, By Region; 7.4. Electric Powered; 7.4.1 Electric Powered Market, By Region
8. Global Atv And Utv Market, By Application: 8.1. Overview; 8.2. Military; 8.2.1 Military Market, By Region; 8.3. Agriculture; 8.3.1 Agriculture Market, By Region; 8.4. Recreation; 8.4.1 Recreation Market, By Region; 8.5. Other Applications; 8.5.1 Other Applications Market, By Region
9. Global Atv And Utv Market, By Region: 9.1. Overview; 9.2. North America; 9.2.1 North America Atv And Utv Market, By Type; 9.2.2 North America Atv And Utv Market, By Displacement Type; 9.2.3 North America Atv And Utv Market, By Fuel Type; 9.2.4 North America Atv And Utv Market, By Application; 9.2.5 North America Atv And Utv Market, By Country; 9.2.5.1 U.S.; 9.2.5.1.1 U.S. Atv And Utv Market, By Type; 9.2.5.1.2 U.S. Atv And Utv Market, By Displacement Type; 9.2.5.1.3 U.S. Atv And Utv Market, By Fuel Type; 9.2.5.1.4 U.S. Atv And Utv Market, By Application; 9.2.5.2 Canada; 9.2.5.2.1 Canada Atv And Utv Market, By Type; 9.2.5.2.2 Canada Atv And Utv Market, By Displacement Type; 9.2.5.2.3 Canada Atv And Utv Market, By Fuel Type; 9.2.5.2.4 Canada Atv And Utv Market, By Application; 9.2.5.3 Mexico; 9.2.5.3.1 Mexico Atv And Utv Market, By Type; 9.2.5.3.2 Mexico Atv And Utv Market, By Displacement Type; 9.2.5.3.3 Mexico Atv And Utv Market, By Fuel Type; 9.2.5.3.4 Mexico Atv And Utv Market, By Application; 9.3. Europe; 9.3.1 Europe Atv And Utv Market, By Type; 9.3.2 Europe Atv And Utv Market, By Displacement Type; 9.3.3 Europe Atv And Utv Market, By Fuel Type; 9.3.4 Europe Atv And Utv Market, By Application; 9.3.5 Europe Atv And Utv Market, By Country; 9.3.5.1 Uk; 9.3.5.1.1 Uk Atv And Utv Market, By Type; 9.3.5.1.2 Uk Atv And Utv Market, By Displacement Type; 9.3.5.1.3 Uk Atv And Utv Market, By Fuel Type; 9.3.5.1.4 Uk Atv And Utv Market, By Application; 9.3.5.2 Germany; 9.3.5.2.1 Germany Atv And Utv Market, By Type; 9.3.5.2.2 Germany Atv And Utv Market, By Displacement Type; 9.3.5.2.3 Germany Atv And Utv Market, By Fuel Type; 9.3.5.2.4 Germany Atv And Utv Market, By Application; 9.3.5.3 France; 9.3.5.3.1 France Atv And Utv Market, By Type; 9.3.5.3.2 France Atv And Utv Market, By Displacement Type; 9.3.5.3.3 France Atv And Utv Market, By Fuel Type; 9.3.5.3.4 France Atv And Utv Market, By Application; 9.3.5.4 Italy; 9.3.5.4.1 Italy Atv And Utv Market, By Type; 9.3.5.4.2 Italy Atv And Utv Market, By Displacement Type; 9.3.5.4.3 Italy Atv And Utv Market, By Fuel Type; 9.3.5.4.4 Italy Atv And Utv Market, By Application; 9.3.5.5 Spain; 9.3.5.5.1 Spain Atv And Utv Market, By Type; 9.3.5.5.2 Spain Atv And Utv Market, By Displacement Type; 9.3.5.5.3 Spain Atv And Utv Market, By Fuel Type; 9.3.5.5.4 Spain Atv And Utv Market, By Application; 9.3.5.6 Russia; 9.3.5.6.1 Russia Atv And Utv Market, By Type; 9.3.5.6.2 Russia Atv And Utv Market, By Displacement Type; 9.3.5.6.3 Russia Atv And Utv Market, By Fuel Type; 9.3.5.6.4 Russia Atv And Utv Market, By Application; 9.3.5.7 Rest Of Europe; 9.3.5.7.1 Rest Of Europe Atv And Utv Market, By Type; 9.3.5.7.2 Rest Of Europe Atv And Utv Market, By Displacement Type; 9.3.5.7.3 Rest Of Europe Atv And Utv Market, By Fuel Type; 9.3.5.7.4 Rest Of Europe Atv And Utv Market, By Application; 9.4. Asia-pacific; 9.4.1 Asia-pacific Atv And Utv Market, By Type; 9.4.2 Asia-pacific Atv And Utv Market, By Displacement Type; 9.4.3 Asia-pacific Atv And Utv Market, By Fuel Type; 9.4.4 Asia-pacific Atv And Utv Market, By Application; 9.4.5 Asia-pacific Atv And Utv Market, By Country; 9.4.5.1 China; 9.4.5.1.1 China Atv And Utv Market, By Type; 9.4.5.1.2 China Atv And Utv Market, By Displacement Type; 9.4.5.1.3 China Atv And Utv Market, By Fuel Type; 9.4.5.1.4 China Atv And Utv Market, By Application; 9.4.5.2 Japan; 9.4.5.2.1 Japan Atv And Utv Market, By Type; 9.4.5.2.2 Japan Atv And Utv Market, By Displacement Type; 9.4.5.2.3 Japan Atv And Utv Market, By Fuel Type; 9.4.5.2.4 Japan Atv And Utv Market, By Application; 9.4.5.3 India; 9.4.5.3.1 India Atv And Utv Market, By Type; 9.4.5.3.2 India Atv And Utv Market, By Displacement Type; 9.4.5.3.3 India Atv And Utv Market, By Fuel Type; 9.4.5.3.4 India Atv And Utv Market, By Application; 9.4.5.4 South Korea; 9.4.5.4.1 South Korea Atv And Utv Market, By Type; 9.4.5.4.2 South Korea Atv And Utv Market, By Displacement Type; 9.4.5.4.3 South Korea Atv And Utv Market, By Fuel Type; 9.4.5.4.4 South Korea Atv And Utv Market, By Application; 9.4.5.5 Australia; 9.4.5.5.1 Australia Atv And Utv Market, By Type; 9.4.5.5.2 Australia Atv And Utv Market, By Displacement Type; 9.4.5.5.3 Australia Atv And Utv Market, By Fuel Type; 9.4.5.5.4 Australia Atv And Utv Market, By Application; 9.4.5.6 Indonesia; 9.4.5.6.1 Indonesia Atv And Utv Market, By Type; 9.4.5.6.2 Indonesia Atv And Utv Market, By Displacement Type; 9.4.5.6.3 Indonesia Atv And Utv Market, By Fuel Type; 9.4.5.6.4 Indonesia Atv And Utv Market, By Application; 9.4.5.7 Vietnam; 9.4.5.7.1 Vietnam Atv And Utv Market, By Type; 9.4.5.7.2 Vietnam Atv And Utv Market, By Displacement Type; 9.4.5.7.3 Vietnam Atv And Utv Market, By Fuel Type; 9.4.5.7.4 Vietnam Atv And Utv Market, By Application; 9.4.5.8 Rest Of Asia-pacific; 9.4.5.8.1 Rest Of Asia-pacific Atv And Utv Market, By Type; 9.4.5.8.2 Rest Of Asia-pacific Atv And Utv Market, By Displacement Type; 9.4.5.8.3 Rest Of Asia-pacific Atv And Utv Market, By Fuel Type; 9.4.5.8.4 Rest Of Asia-pacific Atv And Utv Market, By Application; 9.5. Rest Of World; 9.5.1 Rest Of World Atv And Utv Market, By Type; 9.5.2 Rest Of World Atv And Utv Market, By Displacement Type; 9.5.3 Rest Of World Atv And Utv Market, By Fuel Type; 9.5.4 Rest Of World Atv And Utv Market, By Application; 9.5.5 Rest Of World Atv And Utv Market, By Country; 9.5.5.1 Latin America; 9.5.5.1.1 Latin America Atv And Utv Market, By Type; 9.5.5.1.2 Latin America Atv And Utv Market, By Displacement Type; 9.5.5.1.3 Latin America Atv And Utv Market, By Fuel Type; 9.5.5.1.4 Latin America Atv And Utv Market, By Application; 9.5.5.2 Middle East; 9.5.5.2.1 Middle East Atv And Utv Market, By Type; 9.5.5.2.2 Middle East Atv And Utv Market, By Displacement Type; 9.5.5.2.3 Middle East Atv And Utv Market, By Fuel Type; 9.5.5.2.4 Middle East Atv And Utv Market, By Application; 9.5.5.3 Africa; 9.5.5.3.1 Africa Atv And Utv Market, By Type; 9.5.5.3.2 Africa Atv And Utv Market, By Displacement Type; 9.5.5.3.3 Africa Atv And Utv Market, By Fuel Type; 9.5.5.3.4 Africa Atv And Utv Market, By Application
10. Company Profiles: 10.1. Brp Inc.; 10.1.1 Company Overview; 10.1.2 Company Snapshot; 10.1.3 Operating Business Segments; 10.1.4 Product Portfolio; 10.1.5 Business Performance Ss; 10.1.6 Sales By Business Segment; 10.1.7 Sales By Geographic Segment; 10.1.8 Key Strategic Moves & Developments; 10.1.9 Primary Market Competitors; 10.2. Kawasaki Heavy Industries, Ltd.; 10.2.1 Company Overview; 10.2.2 Company Snapshot; 10.2.3 Operating Business Segments; 10.2.4 Product Portfolio; 10.2.5 Business Performance; 10.2.6 Sales By Business Segment; 10.2.7 Sales By Geographic Segment; 10.2.8 Key Strategic Moves & Developments; 10.2.9 Primary Market Competitors; 10.3. Kubota Corporation; 10.3.1 Company Overview; 10.3.2 Company Snapshot; 10.3.3 Operating Business Segments; 10.3.4 Product Portfolio; 10.3.5 Business Performance; 10.3.6 Sales By Business Segment; 10.3.7 Sales By Geographic Segment; 10.3.8 Key Strategic Moves & Developments; 10.3.9 Primary Market Competitors; 10.4. Polaris Inc.; 10.4.1 Company Overview; 10.4.2 Company Snapshot; 10.4.3 Operating Business Segments; 10.4.4 Product Portfolio; 10.4.5 Business Performance; 10.4.6 Sales By Business Segment; 10.4.7 Sales By Geographic Segment; 10.4.8 Key Strategic Moves & Developments; 10.4.9 Primary Market Competitors; 10.5. Suzuki Motor Corporation; 10.5.1 Company Overview; 10.5.2 Company Snapshot; 10.5.3 Operating Business Segments; 10.5.4 Product Portfolio; 10.5.5 Business Performance; 10.5.6 Sales By Business Segment; 10.5.7 Sales By Geographic Segment; 10.5.8 Key Strategic Moves & Developments; 10.5.9 Primary Market Competitors; 10.6. Yamaha Motor Co Ltd; 10.6.1 Company Overview; 10.6.2 Company Snapshot; 10.6.3 Operating Business Segments; 10.6.4 Product Portfolio; 10.6.5 Business Performance; 10.6.6 Sales By Business Segment; 10.6.7 Sales By Geographic Segment; 10.6.8 Key Strategic Moves & Developments; 10.6.9 Primary Market Competitors; 10.7. Textron Inc; 10.7.1 Company Overview; 10.7.2 Company Snapshot; 10.7.3 Operating Business Segments; 10.7.4 Product Portfolio; 10.7.5 Business Performance; 10.7.6 Sales By Business Segment; 10.7.7 Sales By Geographic Segment; 10.7.8 Key Strategic Moves & Developments; 10.7.9 Primary Market Competitors; 10.8. Honda Motor Co. Ltd.; 10.8.1 Company Overview; 10.8.2 Company Snapshot; 10.8.3 Operating Business Segments; 10.8.4 Product Portfolio; 10.8.5 Business Performance; 10.8.6 Sales By Business Segment; 10.8.7 Sales By Geographic Segment; 10.8.8 Key Strategic Moves & Developments; 10.8.9 Primary Market Competitors; 10.9. Kwang Yang Motor Co., Ltd.; 10.9.1 Company Overview; 10.9.2 Company Snapshot; 10.9.3 Product Portfolio; 10.9.4 Key Strategic Moves & Developments; 10.9.5 Primary Market Competitors; 10.10. Cfmoto; 10.10.1 Company Overview; 10.10.2 Company Snapshot; 10.10.3 Product Portfolio; 10.10.4 Business Performance; 10.10.5 Key Strategic Moves & Developments; 10.10.6 Primary Market Competitors