Global All-Terrain Vehicle (ATV) Market, By Vehicle Type (Sports Utility, Utility, Recreational, Spo

Published Date: | Report Code : AT1929738

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Global All-Terrain Vehicle (ATV) Market, By Vehicle Type (Sports Utility, Utility, Recreational, Sports, Touring, Others), By Displacement (Low, Mid, High), By Application (Sports, Entertainment, Agriculture, Military, Hunting, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2025)

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Domain : Automotive

Report Code : AT1929738

Status : Upcoming

All-Terrain Vehicles Market size is projected to grow at a high rate in the coming years impelled by a rise in the inclination towards off-road sports activities.

An all-terrain vehicle is also known as quad bikes or quadricycles. These vehicles have large and robust tires with low tire pressure, a wide seat that assists the driver to be seated in a comfortable position and is usually fitted with a wide length handlebar to allow easy control and maneuverability to the driver. This automobile is designed to be ridden preferably as a single-seater or with a pillion rider.

Segment Analysis:

The global all-terrain vehicle market is segmented based on vehicle type, displacement, and application.

Based on vehicle type, it is segmented into sports utility, utility, recreational, sports, touring, and others. The sports utility segmented majorly makes use of all-terrain vehicles as these vehicles thus tend to be lighter, smaller and faster than other ATVs. These vehicles are usually explicitly used for racing purposes as they are easy to maneuver and thus, sudden and swift actions such as accelerating, and cornering becomes easier with their use. These are generally rear-wheel drive, which in rare cases can be custom made and converted into a four-wheel-drive vehicle.

By displacement, they are segregated into high, medium and low. There has been a significant rise in the demand for high ATV. These ATV have a displacement of 800cc and above which provides greater torque. The new shifting trend from circuit tracks too long desert race events will proliferate the growth of this segment

Key Factors Impacting Market Growth:

  • A rise in the inclination towards off-road sports activities

  • Increasing number of adventure parks and trails

  • Rising disposable income of people and changing lifestyle

Regional Analysis:

The regional outlook section for the all-terrain vehicle (ATV) market provides the region-wise market estimations and forecasts along with related market dynamics. Also, this section provides information about scenarios in major segments including country, type, applications, and others in the all-terrain vehicle (ATV) market for a particular region. Major regions considered in the study include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. The automotive sector has witnessed steady growth in recent years owing to market recovery from recent slowdowns as well as technological transitions with regards to vehicle technology. North America and Western Europe have been established markets for the automotive sector with the presence of major companies operating in the market along with comparatively short product life cycles. Also, being early adopters of the latest technologies, these regions have been witnessing major technology transitions towards green fuels and related infrastructure. Major countries in these regions include the US, Germany, France, UK, Italy, Canada, Spain, and others. Asia Pacific region is expected to register the fastest growth during the forecast period owing to the presence of key emerging economies with substantial market demand. Some of the major economies in the region include China, India, South Korea, Japan, and so on. Major companies operating in the market have made strategic developments to cater to the market demand in the region as well as increase the market presence. The Middle East and Eastern Europe are estimated to be potential markets for all-terrain vehicles (ATV) with growing demand from countries including the UAE. Saudi Arabia, Qatar, Russia, and Turkey. Rest of the World consisting of South America and Africa is estimated to be an emerging region for all-terrain vehicle (ATV) markets with high demand from countries including Brazil, South Africa, Argentina, and so on.

Companies Covered: Bombardier Recreational Products (BRP), Polaris Industries, Kawasaki Heavy Industries, Yamaha Motor Corporation, Suzuki Motor Corporation, Honda Motor Co Ltd, and KYMCO.

Market Segmentation:

By Vehicle Type:

  • Sports Utility

  • Utility

  • Recreational

  • Sports

  • Touring

  • Others

By Displacement:

  • Low

  • Mid

  • High

By Application:

  • Sports

  • Entertainment

  • Agriculture

  • Military

  • Hunting

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Vehicle Type

    • By Displacement

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Vehicle Type

    • By Displacement

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Vehicle Type

    • By Displacement

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Vehicle Type

    • By Displacement

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Vehicle Type

    • By Displacement

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Vehicle Type

    • By Displacement

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global all-terrain vehicle market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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