Quick Summary:
In the rapidly evolving All Terrain Vehicles (ATV) industry, understanding key trends, geographical performance, and established competitors is crucial for strategic decision making. Our extensive market research report offers a comprehensive analysis of the global ATV market, estimated at US$4.6 billion in 2022 and projected to reach US$5.9 billion by 2030. Glean insights on varied segments including 'below 400 CC', which is set to achieve 2.9% CAGR, reaching US$1.6 billion by 2030, and the '400 - 800 CC' segment, earmarked for an adjusted 3.1% CAGR over the next eight years.
Identify the emerging geographical hot-spots within the ATV industry, such as the U.S., currently valued at US$1.2 billion, and China, set to match this valuation by 2030 with a promising CAGR of 4.8%. Stay ahead of the curve by familiarizing yourself with the strategic underpinnings of significant competitors like Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., and Polaris Industries, Inc. Our report promises to enhance your understanding of the sector, guiding sustainable growth and innovation.
Global All Terrain Vehicles (ATV) Market to Reach $5.9 Billion by 2030
The global market for All Terrain Vehicles (ATV) estimated at US$4.6 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 3.2% over the analysis period 2022-2030. Below 400 CC, one of the segments analyzed in the report, is projected to record 2.9% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 400 - 800 CC segment is readjusted to a revised 3.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 4.8% CAGR
The All Terrain Vehicles (ATV) market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.Select Competitors (Total 46 Featured) -
- Arctic Cat, Inc.
- Bombardier Recreational Products Inc. (Can-Am)
- BRP Inc
- Chongqing Shineray Motorcycle Co., Ltd.
- Hisun Motors
- Honda Motor Co., Ltd.
- John Deere
- Kawasaki Heavy Industries Ltd.
- Kwang Yang Motor Co., Ltd.
- Polaris Industries, Inc.
- Suzuki Motor Corporation
- Yamaha Motor Co., Ltd.
- Zhejiang Cfmoto Power Co., Ltd.
- Zhejiang Kandi Vehicles Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for All Terrain Vehicles (ATV)?
What is the growth rate of the Global Market for All Terrain Vehicles (ATV)?
What is the forecasted size of the Global Market for All Terrain Vehicles (ATV)?
Who are the key companies in the Global Market for All Terrain Vehicles (ATV)?
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.6 Billion |
Forecasted Market Value ( USD | $ 5.9 Billion |
Compound Annual Growth Rate | 3.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arctic Cat, Inc.
- Bombardier Recreational Products Inc. (Can-Am)
- BRP Inc
- Chongqing Shineray Motorcycle Co., Ltd.
- Hisun Motors
- Honda Motor Co., Ltd.
- John Deere
- Kawasaki Heavy Industries Ltd.
- Kwang Yang Motor Co., Ltd.
- Polaris Industries, Inc.
- Suzuki Motor Corporation
- Yamaha Motor Co., Ltd.
- Zhejiang Cfmoto Power Co., Ltd.
- Zhejiang Kandi Vehicles Co., Ltd.