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Global Off-road Vehicle Market 2019-2023 - Product Image

Global Off-road Vehicle Market 2019-2023

  • ID: 4751590
  • Report
  • Region: Global
  • 127 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • BRP
  • Honda Motor
  • KTM Industries
  • Polaris Industries
  • Yamaha Motor
  • MORE
Increasing outdoor recreational activities are benefiting the off-road vehicle market in regions such as North America and Europe. Mountain racing and dirt racing activities are gaining popularity amid a growing number of sports enthusiasts. The growth in tourism will promote off-recreational activities globally and requires governments to focus on developing tourism hubs, which will increase sales of off-road vehicles further. Off-road motorcycle or adventure motorcycle was a niche market a decade ago.

Changing lifestyles, adoption of recreational activities by the youth and middle-age population and improving tourism infrastructure are the major factors driving the off-road vehicle market in emerging countries. Hence, the analyst expects the rise in recreational and adventure sports activities to drive the global off-road vehicle market during the forecast period. The analysts have predicted that the off-road vehicle market will register a CAGR of over 4% by 2023.

Market Overview

GPS navigation for off-road vehicles

GPS navigation services have been developed for off-road vehicles. GPS devices are no longer used just for mapping, but also for preparing for off-roading adventures, locating difficult-to-find off-roading locations, and ensuring safety. Off-road vehicles encounter rough weather conditions such as snow, wind, sand, and dense fog. The development of the GPS navigation system for off-roading to be a driving factor for the global off-road vehicle market during the forecast period.

Environmental impact due to off-road motorsport racing

Off-road racing activities can erode the soil, increase soil bulk density, soil strength and soil permeability. Generally, soil bulk density and strength increase with compaction, while permeability decreases. Hence, such adverse effects of racing activities on the environment and the ecosystems pose a threat to the legibility of such bikes, thereby challenging the growth of the global off-road vehicle market.

For the detailed list of factors that will drive and challenge the growth of the off-road vehicle market during the 2019-2023, view this report.

Competitive Landscape

The off-road vehicle market appears to be moderately fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BRP
  • Honda Motor
  • KTM Industries
  • Polaris Industries
  • Yamaha Motor
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • SxS - Market size and forecast 2018-2023
  • ATV - Market size and forecast 2018-2023
  • Off-road motorcycle - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Innovations in advanced suspension control systems
  • Electric drivetrains for off-road vehicles
  • ATV experience zones
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BRP
  • Honda Motor
  • KTM Industries
  • Polaris Industries
  • Yamaha Motor
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global motorcycle and quad bike market
Exhibit 03: Segments of global motorcycle and quad bike market
Exhibit 04: Market characteristics
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 (thousand units)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Type - Market share 2018-2023 (%)
Exhibit 18: Comparison by type
Exhibit 19: SxS - Market size and forecast 2018-2023 (thousand units)
Exhibit 20: SxS - Year-over-year growth 2019-2023 (%)
Exhibit 21: ATV - Market size and forecast 2018-2023 (thousand units)
Exhibit 22: ATV - Year-over-year growth 2019-2023 (%)
Exhibit 23: Off-road motorcycle - Market size and forecast 2018-2023 (thousand units)
Exhibit 24: Off-road motorcycle - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by type
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 (thousand units)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 (thousand units)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 (thousand units)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 (thousand units)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 (thousand units)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Decision framework
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: BRP - Vendor overview
Exhibit 49: BRP - Product segments
Exhibit 50: BRP - Organizational developments
Exhibit 51: BRP - Geographic focus
Exhibit 52: BRP - Segment focus
Exhibit 53: BRP - Key offerings
Exhibit 54: Honda Motor - Vendor overview
Exhibit 55: Honda Motor - Business segments
Exhibit 56: Honda Motor - Organizational developments
Exhibit 57: Honda Motor - Geographic focus
Exhibit 58: Honda Motor - Segment focus
Exhibit 59: Honda Motor - Key offerings
Exhibit 60: KTM Industries - Vendor overview
Exhibit 61: KTM Industries - Product segments
Exhibit 62: KTM Industries - Organizational developments
Exhibit 63: KTM Industries - Geographic focus
Exhibit 64: KTM Industries - Segment focus
Exhibit 65: KTM Industries - Key offerings
Exhibit 66: Polaris Industries - Vendor overview
Exhibit 67: Polaris Industries - Business segments
Exhibit 68: Polaris Industries - Organizational developments
Exhibit 69: Polaris Industries - Geographic focus
Exhibit 70: Polaris Industries - Segment focus
Exhibit 71: Polaris Industries - Key offerings
Exhibit 72: Yamaha Motor - Vendor overview
Exhibit 73: Yamaha Motor - Business segments
Exhibit 74: Yamaha Motor - Organizational developments
Exhibit 75: Yamaha Motor - Geographic focus
Exhibit 76: Yamaha Motor - Segment focus
Exhibit 77: Yamaha Motor - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BRP
  • Honda Motor
  • KTM Industries
  • Polaris Industries
  • Yamaha Motor
  • MORE
Global Off-road Vehicle Market 2019-2023

The analyst recognizes the following companies as the key players in the global off-road vehicle market: BRP, Honda Motor, KTM Industries, Polaris Industries, Yamaha Motor.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the innovations in advanced suspension control systems.”

According to the report, one of the major drivers for this market is the advanced stability control systems for off- road motorcycles.

Further, the report states that one of the major factors hindering the growth of this market is the legal limitations on use of off- road vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • BRP
  • Honda Motor
  • KTM Industries
  • Polaris Industries
  • Yamaha Motor
Note: Product cover images may vary from those shown
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