EUROPE ATV AND UTV MARKET 2022-2028
MARKET OUTLOOK
According to Triton Market Research’s report on the ATV and UTV market in Europe, the market is expected to increase at a compound annual growth rate of 5.78% in value during the forecasting period 2022-2028. France, the United Kingdom, Russia, Spain, Italy, Germany, and Rest of Europe shape the region’s market.
The Spanish government has invested substantial revenue in agriculture and forestry machinery, incorporating advanced technology. This high investment is primarily owing to the increasing demand for food, which has surged the need for advanced agricultural machinery. In this regard, ATVs and UTVs assist in easy and faster transportation of supplies, thus making them ideal in an agriculture setting. These vehicles are also widely used in Barcelona as numerous old roading activities are held. Therefore, these factors increase the demand for ATVs and UTVs, simultaneously widening the scope and growth of the ATV and UTV market in Spain.
Furthermore, the proliferating demand across military, agriculture, sports, entertainment, hunting, and forestry has majorly supported the adoption of ATVs and UTVs throughout France. Besides this, the rise in adventure and recreational parks has amplified the demand for utility vehicles, adding to the studied market’s expansion. Therefore, as stated above, these developments are estimated to support the development of the ATV and UTV market within France over the upcoming years.
COMPETITIVE OUTLOOK
The popular firms in the ATV and UTV market consist of Textron Inc, Kubota Corporation, Suzuki Motors Corporation, Honda Motor Company, Deere and Company, and CFmoto.
- 1. EUROPE ATV AND UTV MARKET - SUMMARY
- 2. INDUSTRY OUTLOOK
- 2.1. KEY INSIGHTS
- 1.1.1. GROWING USE OF ATVS ON UNEVEN ROADS
- 1.1.2. INCREASE IN ATV EXPERIENCE ZONES
- 1.1.3. GROWING PENETRATION OF CVTS IN ATVS
- 1.2. IMPACT OF COVID-19 ON ATV AND UTV MARKET
- 1.3. PORTER’S FIVE FORCES ANALYSIS
- 1.1.1. THREAT OF NEW ENTRANTS
- 1.1.2. THREAT OF SUBSTITUTES
- 1.1.3. BARGAINING POWER OF SUPPLIERS
- 1.1.4. BARGAINING POWER OF BUYERS
- 1.1.5. THREAT OF COMPETITIVE RIVALRY
- 1.2. KEY BUYING IMPACT ANALYSIS
- 1.1.1. GOVERNMENT REGULATIONS
- 1.1.2. PRICE
- 1.1.3. APPLICATION
- 1.2. MARKET ATTRACTIVENESS MATRIX
- 1.3. VENDOR SCORECARD
- 1.4. KEY MARKET STRATEGIES
- 1.1.1. CONTRACTS & PARTNERSHIPS
- 1.1.2. BUSINESS EXPANSIONS & DIVESTITURES
- 1.1.3. NEW PRODUCT LAUNCHES
- 1.2. MARKET DRIVERS
- 1.1.1. GROWING POPULARITY OF ADVENTURE SPORTS
- 1.1.2. INCREASING ATV AND UTV USE IN MILITARY
- 1.1.3. GOVERNMENT RULES SUPPORTING ATVS AND UTVS
- 1.2. MARKET CHALLENGES
- 1.1.1. DRIVING BAN IN WILDLIFE AREAS
- 1.1.2. HIGH MAINTENANCE COST
- 1.2. MARKET OPPORTUNITIES
- 1.1.1. PRODUCTION OF SAFER ATVS AND UTVS
- 2. EUROPE ATV AND UTV MARKET – BY VEHICLE TYPE
- 2.1. ATV
- 2.2. UTV
- 3. EUROPE ATV AND UTV MARKET - BY DISPLACEMENT
- 3.1. ≤ 400 (CC)
- 3.2. 400-800(CC)
- 3.3. ≥ 800 (CC)
- 4. EUROPE ATV AND UTV MARKET - BY FUEL TYPE
- 4.1. GASOLINE-POWERED
- 4.2. DIESEL-POWERED
- 4.3. ELECTRIC-POWERED
- 4.4. SOLAR-POWERED
- 5. EUROPE ATV AND UTV MARKET - BY END-USER
- 5.1. RECREATIONAL
- 5.2. SPORTS
- 5.3. AGRICULTURE & UTILITY
- 5.4. MILITARY & DEFENSE
- 5.5. OTHER END-USERS
- 6. EUROPE ATV AND UTV MARKET – REGIONAL OUTLOOK
- 6.1. EUROPE
- 6.1.1. UNITED KINGDOM
- 6.1.2. GERMANY
- 6.1.3. FRANCE
- 6.1.4. SPAIN
- 6.1.5. ITALY
- 6.1.6. RUSSIA
- 6.1.7. REST OF EUROPE
- 7. COMPETITIVE LANDSCAPE
- 7.1. BRP INC
- 7.2. CFMOTO
- 7.3. DEERE AND COMPANY
- 7.4. HISUN
- 7.5. HONDA MOTOR COMPANY
- 7.6. KAWASAKI HEAVY INDUSTRIES
- 7.7. KUBOTA CORPORATION
- 7.8. KWANG YANG MOTOR CO LTD
- 7.9. POLARIS INDUSTRIES INC
- 7.10. SUZUKI MOTORS CORPORATION
- 7.11. TEXTRON INC
- 7.12. YAMAHA MOTOR CO LTD
- 8. METHODOLOGY & SCOPE
- 8.1. RESEARCH SCOPE & DELIVERABLES
- 8.2. SOURCES OF DATA
- 8.3. RESEARCH METHODOLOGY
- LIST OF TABLES
- TABLE 1: EUROPE ATV AND UTV MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
- TABLE 2: MARKET ATTRACTIVENESS MATRIX
- TABLE 3: VENDOR SCORECARD
- TABLE 4: LIST OF CONTRACTS & PARTNERSHIPS
- TABLE 5: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
- TABLE 6: LIST OF NEW PRODUCT LAUNCHES
- TABLE 7: EUROPE ATV AND UTV MARKET, BY VEHICLE TYPE, 2022-2028 (IN $ MILLION)
- TABLE 8: EUROPE ATV AND UTV MARKET, BY DISPLACEMENT, 2022-2028 (IN $ MILLION)
- TABLE 9: EUROPE ATV AND UTV MARKET, BY FUEL TYPE, 2022-2028 (IN $ MILLION)
- TABLE 10: EUROPE ATV AND UTV MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
- TABLE 11: EUROPE ATV AND UTV MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
- LIST OF FIGURES
- FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
- FIGURE 2: KEY BUYING IMPACT ANALYSIS
- FIGURE 3: EUROPE ATV AND UTV MARKET, BY VEHICLE TYPE, 2021 & 2028 (IN %)
- FIGURE 4: EUROPE ATV AND UTV MARKET, BY ATV, 2022-2028 (IN $ MILLION)
- FIGURE 5: EUROPE ATV AND UTV MARKET, BY UTV, 2022-2028 (IN $ MILLION)
- FIGURE 6: EUROPE ATV AND UTV MARKET, BY DISPLACEMENT, 2021 & 2028 (IN %)
- FIGURE 7: EUROPE ATV AND UTV MARKET, BY ≤ 400 (CC), 2022-2028 (IN $ MILLION)
- FIGURE 8: EUROPE ATV AND UTV MARKET, BY 400-800(CC), 2022-2028 (IN $ MILLION)
- FIGURE 9: EUROPE ATV AND UTV MARKET, BY ≥ 800 (CC), 2022-2028 (IN $ MILLION)
- FIGURE 10: EUROPE ATV AND UTV MARKET, BY FUEL TYPE, 2021 & 2028 (IN %)
- FIGURE 11: EUROPE ATV AND UTV MARKET, BY GASOLINE-POWERED, 2022-2028 (IN $ MILLION)
- FIGURE 12: EUROPE ATV AND UTV MARKET, BY DIESEL-POWERED, 2022-2028 (IN $ MILLION)
- FIGURE 13: EUROPE ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2022-2028 (IN $ MILLION)
- FIGURE 14: EUROPE ATV AND UTV MARKET, BY SOLAR-POWERED, 2022-2028 (IN $ MILLION)
- FIGURE 15: EUROPE ATV AND UTV MARKET, BY END-USER, 2021 & 2028 (IN %)
- FIGURE 16: EUROPE ATV AND UTV MARKET, BY RECREATIONAL, 2022-2028 (IN $ MILLION)
- FIGURE 17: EUROPE ATV AND UTV MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)
- FIGURE 18: EUROPE ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2022-2028 (IN $ MILLION)
- FIGURE 19: EUROPE ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2022-2028 (IN $ MILLION)
- FIGURE 20: EUROPE ATV AND UTV MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
- FIGURE 21: UNITED KINGDOM ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 22: GERMANY ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 23: FRANCE ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 24: SPAIN ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 25: ITALY ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 26: RUSSIA ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
- FIGURE 27: REST OF EUROPE ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
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