Insights on the global off-road vehicle market through 2027

DUBLINJuly 4, 2022 /PRNewswire/ — The “All-terrain Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offer.

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The global off-road vehicle market reached a value of US$4.1 billion in 2021 and it can be reached US$5.0 billion by 2027, with a CAGR of 3.36% in 2021-2027. Taking into account the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect impact of the pandemic. These insights are included in the report as a key market contributor.

An all-terrain vehicle (ATV) refers to a motorized single-seat three- or four-wheel bicycle and buggy designed for off-road travel and activities. The vehicle consists of a handlebar and low-pressure tires with deep-threaded structures, which aid in driving over muddy, rocky, wetlands and dune topologies.

Compared to other commercial vehicles (UTVs), ATVs offer excellent off-road capabilities and can carry heavy equipment over long distances and narrow access points. They can also be modified for high-performance driving, finding extensive applications in a variety of industries, including sports, entertainment, agriculture, military and defense.

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 advancement in car infotainment systems, suppliers are offering ATVs with GPS tracking and Bluetooth connectivity systems, enhancing the overall driving experience. Moreover, the widespread adoption of products by the agricultural sector is also boosting the market growth.

ATVs are widely used to perform agricultural related activities such as plowing in the fields, weed control, animal handling and material transportation. In addition, several technological developments, 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 contributing to the market growth. Other factors having a positive effect on the market include a significant increase in the tourism sector, rapid urbanization and increasing consumer spending capacity.

Competitive landscape:

The competitive landscape of the industry has also been examined, with some of the key players 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.

Important questions answered in this report:

  • How has the global off-road vehicle market performed so far and how will it perform in the coming years?

  • What are the main regional markets?

  • What is the impact of COVID-19 on the global off-road vehicle market?

  • What is the breakup of the market based on the type?

  • What is the market breakup 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 type of drive?

  • What is the breakdown of the market based on fuel type?

  • What is the market break-up based on seating capacity?

  • What are the different stages in the industry value chain?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global off-road vehicle market and who are the key players?

  • What is the level of competition in the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Summary

4 Introduction
4.1 Overview
4.2 Key industry trends

5 Global Off-Road Vehicle Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market forecast

6 Market breakdown 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 Other
6.4.1 Market trends
6.4.2 Market forecast

7 Market breakdown 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 & Defense
7.4.1 Market trends
7.4.2 Market forecast
7.5 Other
7.5.1 Market trends
7.5.2 Market forecast

8 Market breakdown by engine type
8.1 Under 400 cc
8.1.1 Market trends
8.1.2 Market forecast
8.2 400 – 800cc
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 breakdown by number 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 Main types

10 Market breakdown 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 Main types

11 Market breakdown by fuel type
11.1 Electric ATV
11.1.1 Market Trends
11.1.2 Market forecast
11.2 Petrol ATV
11.2.1 Market Trends
11.2.2 Market forecast

12 Market division by seating capacity
12.1 A chair
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 breakdown by region

14 SWOT analysis

15 Value Chain Analysis

16 Porter’s Five Forces Analysis

17 Competitive Landscape
17.1 Market structure
17.2 Key players
17.3 Profiles of protagonists
17.3.1 Polaris Industries Inc.
17.3.1.1 Company overview
17.3.1.2 Product portfolio
17.3.1.3 Financial data
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 Financial data
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 Financial data
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 Financial data
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 Financial data
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 Financial data
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 Financial
17.3.11 CECTEK
17.3.11.1 Company overview
17.3.11.2 Product portfolio
17.3.12 HiSun ​​Motorcycles
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 Financial data
17.3.14 Taiwan gold bee
17.3.14.1 Company overview
17.3.14.2 Product portfolio

For more information on this report, please visit https://www.researchandmarkets.com/r/n09eq5

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