+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global All-terrain Vehicle Market by Type & Application (Sport, Entertainment, Agri, Military & Defense), Drive (2WD, 4WD, AWD), Engine (800cc), Fuel, Wheel Number, Seating Capacity, Side-By-Side Vehicle and Region - Forecast to 2027

  • ID: 5238098
  • Report
  • February 2022
  • Region: Global
  • 232 Pages
  • Markets and Markets
Increasing Off-Road Recreational Activities Would Drive Demand for ATVs

FEATURED COMPANIES

  • American Landmaster
  • Brp
  • Ecocharger
  • John Deere
  • Linhai
  • Suzuki
The all-terrain vehicle market, by value, is projected to reach USD 5.0 billion by 2027 from an estimated USD 4.3 billion in 2022, at a CAGR of 2.7% from 2022 to 2027. The market has a promising growth potential due to factors like rising applications from farm management to enhancing military mobility operations, including ease in regulatory norms for registration across different regions of the world. The growth opportunity is also driven by factors such as the rising popularity of ATVs in recreational activities, mainly worldwide championships, sports and entertainment purpose. 



Military & Defence: The fastest-growing segment in terms of applications for all-terrain vehicles

Features of all-terrain vehicles like delivering the sheer enhanced mobility, versatility, responsiveness and capability needed in a range of military operations from tactical missions to base support have widened its scope of use in different military operations and applications. For instance, SPORTSMAN MV850 delivers off-road capability, durability, and tactical features and is most preferred for its best fit for various military purposes. Increasing investment in the research and development of advanced military ATVs is expected to further drive the market. For instance, in September 2021, Polaris unveiled its newest light tactical vehicle - the MRZR Alpha - for the first time at a London-based defence show. MRZR Alpha has increased exportable power capability, more cab space and more configurability opportunities, according to Leonard. The demand for ATVs is going to see a rise in the coming years due to an increase in military spending for mobility solutions for varied rugged and difficult terrains.

Electric all-terrain vehicles are estimated to register the highest CAGR, under the fuel type segment

New product launches and developments in electric ATV models by ATV manufacturers accompanied with stringent emission standards are likely to drive the electric ATV market. Battery-powered ATVs are efficient as they have the advantage of lower installation and operational costs than conventional Gasoline ATVs.  Also, the biggest advantage is their noise - electric vehicles have a very low operational noise compared to other ATVs. Electric ATVs don’t burn gas hence there is no harmful emissions released, making way for a cleaner atmosphere. Also, developments in battery driving range and energy density, various advanced electric ATVs are launched with longer driving ranges. For instance, newer versions of electric ATVs such as the EZ Raider HD4 has a very powerful battery that enables riders to travel as far as a gas-powered ATV would. Thus, with growing environmental concerns, developments in battery driving ranges, launches of various electric ATV models, the electric ATV market is expected to grow.

Asia Oceania is estimated to be the fastest and North America to be the largest market for all-terrain vehicles during the forecast period

Though in terms of volume, Asia Oceania is the third-largest market of all-terrain vehicles in the world compared to North America which stands first, still the Asia Oceania region is projected to register the fastest growth in terms of CAGR, for the year 2022 to 2027. The major all-terrain vehicle countries in Asia Oceania are China and  Australia out of which Australia is the largest seller of ATVs in the region. The market growth in this region can be attributed to the positive growth in macroeconomic fundamentals in emerging economies such as China and India, subsequently influencing buying behaviour for all-terrain vehicles based upon sports/recreational or utility needs. On the other side, The factors which drive the market in North America are a long stretch of natural terrains, unpaved roads, large farm sizes and increasing usage of ATVs in agriculture and military and defence. Further after the Covid-19 pandemic, the inclination towards off-roading and recreational activities have increased, due to which people are opting for ATVs of different models and prices to participate in off-roading racing events.

Breakdown of Primaries

In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Stakeholder: Demand-side - 90%, and Others - 10% 
  • By Designation: C Level - 10%, D Level - 20%, and Others - 70%
  • By Region: North America - 20%, Europe - 20%, Asia Pacific - 50%, and Rest of the World - 10%


The All-terrain vehicle market comprises major manufacturers such as Polaris (USA), Honda (Japan), Can-Am (Canada), Yamaha (Japan), and Textron (USA).

Study coverage 


The study segments the all-terrain vehicle market by application (Sports, Entertainment, Agriculture, Military & Defense, and Other (Hunting, forestry)]; type (sports ATV and utility ATV); drive type (2WD, 4WD and AWD); engine capacity (<400 CC, 400 to 800 CC, and >800 CC); fuel type (Petrol and Electric); seating capacity (One and two); number of wheels (four and more than four), region (Asia Pacific, Europe, North America, RoW and side-by-side by region.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall all-terrain vehicle market. This report will help stakeholders understand the competitive landscape and gain valuable insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Frequently Asked Questions about the Global All-Terrain Vehicle Market

What is the estimated value of the Global All-Terrain Vehicle Market?

The Global All-Terrain Vehicle Market was estimated to be valued at $4.3 Billion in 2022.

What is the growth rate of the Global All-Terrain Vehicle Market?

The growth rate of the Global All-Terrain Vehicle Market is 2.7%, with an estimated value of $5.0 Billion by 2027.

What is the forecasted size of the Global All-Terrain Vehicle Market?

The Global All-Terrain Vehicle Market is estimated to be worth $5.0 Billion by 2027.

Who are the key companies in the Global All-Terrain Vehicle Market?

Key companies in the Global All-Terrain Vehicle Market include American Landmaster, Baltmotors, Bennche Motors, Brp, Cectek, Cfmoto, Ecocharger, Hisun Motors and John Deere.

FEATURED COMPANIES

  • American Landmaster
  • Brp
  • Ecocharger
  • John Deere
  • Linhai
  • Suzuki

1 Introduction
1.1 Objectives
1.2 Market Definition
1.2.1 Inclusions & Exclusions
Table 1 Segment-Wise Inclusions & Exclusions
1.3 Market Scope
Figure 1 Market Segmentation: All-Terrain Vehicle Market
Figure 2 Market: by Region
1.4 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 3 All-Terrain Vehicle Market: Research Design
Figure 4 Research Methodology Model
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources to Estimate Base Numbers
2.1.1.2 List of Key Secondary All-Terrain Vehicle Sources
2.1.1.3 Key Data from Secondary Sources
2.1.2 Primary Data
Figure 5 Breakdown of Primary Interviews
2.1.2.1 Sampling Techniques & Data Collection Methods
2.2 Market Size Estimation
Figure 6 Research Methodology: Hypothesis Building
2.2.1 Bottom-Up Approach: All-Terrain Vehicle Market, by Type
Figure 7 Bottom-Up Approach: Market
2.2.2 Top-Down Approach: Market
Figure 8 Top-Down Approach: Market, by Engine Capacity
Figure 9 Market: Research Design & Methodology
2.2.3 Factor Analysis for Market Sizing: Demand and Supply Sides
2.3 Factor Analysis
2.4 Market Breakdown and Data Triangulation
Figure 10 Data Triangulation
2.4.1 Global Assumptions
2.5 Assumptions
2.6 Research Limitations
3 Executive Summary
3.1 Pre- Vs Post-COVID-19 Scenario
Figure 11 Pre- Vs Post-COVID-19 Scenario: All-Terrain Vehicle Market, 2018-2027 (USD Million)
Table 2 Market: Pre- Vs. Post-COVID-19 Scenario, 2018-2027 (USD Million)
3.2 Report Summary
Figure 12 Market: Market Outlook
Figure 13 Market, by Region, 2022 Vs. 2027 (USD Million)
4 Premium Insights
4.1 Attractive Opportunities in All-Terrain Vehicle Market
Figure 14 Increasing Penetration of Utility Atvs in Agriculture and Military & Defense and Growing Popularity of Sports and Recreational Activities/Championships to Drive Market
4.2 Market, by Region
Figure 15 Asia Oceania Estimated to be Fastest-Growing Market During Forecast Period
4.3 All-Terrain Vehicle Market, by Type
Figure 16 Utility Atv Segment Expected to Hold Larger Market Share During Forecast Period
4.4 Market, by Application
Figure 17 Sport Application Segment Estimated to Lead Market During Forecast Period
4.5 Market, by Drive Type
Figure 18 Awd Segment to Witness Highest CAGR During Forecast Period
4.6 Market, by Fuel Type
Figure 19 Electric Segment Projected to Register Higher CAGR Than Gasoline Segment During Forecast Period
4.7 All-Terrain Vehicle Market, by Engine Capacity
Figure 20 400 to 800Cc Segment Estimated to Lead Market During Forecast Period
4.8 Market, by Number of Wheels
Figure 21 Four Wheels Atvs Segment Estimated to Lead Market During Forecast Period
4.9 Market, by Seating Capacity
Figure 22 One-Seater Segment Projected to Hold Larger Market Share During Forecast Period
4.10 Side-By-Side Market, by Region
Figure 23 Asia Oceania Projected to Witness Fastest Growth During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 24 All-Terrain Vehicle Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Off-Road Recreational Activities Would Drive Demand for Atvs
5.2.1.2 Increasing Demand for Atvs in Agriculture and Military & Defense
5.2.1.3 Increasing Purchasing Power and Spending Capacity of Individuals
5.2.2 Restraints
5.2.2.1 High Accident Rates May Hamper Atv Sales
Table 3 Reported Fatal Incidents Associated with Off-Highway Vehicles in Us (2020)
5.2.2.2 Restriction on Atv Usage in Wildlife Zones May Hamper Atv Demand
5.2.3 Opportunities
5.2.3.1 Increased Use of Technology in Atvs to Drive Demand
5.2.3.2 Positive Outlook Toward Electric Atvs
5.2.4 Challenges
5.2.4.1 Trade Barriers Between Different Regions
5.2.4.2 High Cost of Atvs
5.3 COVID-19 Impact on Atv Industry
5.4 Trends/Disruptions Impacting Customer's Business
Figure 25 Revenue Shift for All-Terrain Vehicle Market
5.5 Market Scenario
Figure 26 Market Scenario, 2018-2027 (USD Million)
5.5.1 Most Likely/Realistic Scenario
Table 4 Market (Realistic Scenario), by Region, 2018-2027 (USD Million)
5.5.2 High COVID-19 Impact Scenario
Table 5 Market (High COVID-19 Impact Scenario), by Region, 2018-2027 (USD Million)
5.5.3 Low COVID-19 Impact Scenario
Table 6 All-Terrain Vehicle Market (Low COVID-19 Impact Scenario), by Region, 2018-2027 (USD Million)
5.6 Pricing Analysis
Table 7 Average Prices of All-Terrain Vehicle Types, 2020-2022 (USD)
5.7 Patent Analysis
Table 8 Patent Registrations, 2017-2021
5.8 Value Chain Analysis
Figure 27 Value Chain Analysis: Market
5.9 Case Study Analysis
5.10 Average Selling Price Analysis
5.10.1 Technology Analysis
5.10.1.1 Honda Tests Prototype Autonomous Work Vehicle at Solar Construction Site with Black & Veatch
5.11 Market Ecosystem
Table 9 All Terrain Vehicle Market: Ecosystem
5.12 Porter's Five Forces Analysis
Table 10 Porter's 5 Forces Impact on All-Terrain Vehicle Market
Figure 28 Porter's Five Forces Analysis
5.12.1 Threat of New Entrants
5.12.2 Threat of Substitutes
5.12.3 Bargaining Power of Suppliers
5.12.4 Bargaining Power of Buyers
5.12.5 Intensity of Competitive Rivalry
5.13 Trade Analysis: Specially Designed for Travelling on Snow, Golf Cars, and Similar Vehicles
5.14 Regulatory Landscape
Table 11 US: All-Terrain Vehicle Regulations
Table 12 Canada: All-Terrain Vehicle Regulations
Table 13 Australia: All-Terrain Vehicle Regulations
6 All-Terrain Vehicle Market, by Drive Type
6.1 Introduction
6.1.1 Research Methodology
6.1.2 Industry Insights
6.1.3 Assumptions
Figure 29 Market, by Drive Type, 2022 Vs. 2027 (USD Million)
Table 14 Market, by Drive Type, 2018-2021 (Units)
Table 15 Market, by Drive Type, 2022-2027 (Units)
Table 16 Market, by Drive Type, 2018-2021 (USD Million)
Table 17 Market, by Drive Type, 2022-2027 (USD Million)
6.2 2Wd
6.2.1 Technical Challenges and Growing Popularity of 4Wd Expected to Impact 2Wd Market
Table 18 2Wd: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 19 2Wd: Market, by Region, 2022-2027 (Units)
Table 20 2Wd: Market, by Region, 2018-2021 (USD Million)
Table 21 2Wd: Market, by Region, 2022-2027 (USD Million)
6.3 4Wd
6.3.1 Technical Advantages Such as Better Traction and Ability to Switch to 2Wd Expected to Drive 4Wd Market
Table 22 4Wd: Market, by Region, 2018-2021 (Units)
Table 23 4Wd: Market, by Region, 2022-2027 (Units)
Table 24 4Wd: Market, by Region, 2018-2021 (USD Million)
Table 25 4Wd: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
6.4 Awd
6.4.1 Growing Trend of Electrification in Atvs Expected to Drive Awd Market
Table 26 Awd: Market, by Region, 2018-2021 (Units)
Table 27 Awd: Market, by Region, 2022-2027 (Units)
Table 28 Awd: Market, by Region, 2018-2021 (USD Million)
Table 29 Awd: Market, by Region, 2022-2027 (USD Million)
7 All-Terrain Vehicle Market, by Fuel Type
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights: by Fuel Type & Region
Figure 30 Market, by Fuel Type, 2022 Vs. 2027 (USD Million)
Table 30 Market, by Fuel Type, 2018-2021 (Units)
Table 31 Market, by Fuel Type, 2022-2027 (Units)
Table 32 Market, by Fuel Type, 2018-2021 (USD Million)
Table 33 Market, by Fuel Type, 2022-2027 (USD Million)
7.2 Electric Atv
7.2.1 Developments in Batteries and Launches of Various Electric Models Expected to Drive Market
Table 34 Electric: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 35 Electric: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 36 Electric: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 37 Electric: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
7.3 Gasoline Atv
7.3.1 Higher Efficiency and Wide Application Area Drive Gasoline Atv Market
Table 38 Gasoline: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 39 Gasoline: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 40 Gasoline: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 41 Gasoline: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
8 All-Terrain Vehicle Market, by Engine Capacity
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Industry Insights
8.1.3 Assumptions
Figure 31 Market, by Engine Capacity, 2022 Vs. 2027 (USD Million)
Table 42 Market, by Engine Capacity, 2018-2021 (Units)
Table 43 Market, by Engine Capacity, 2022-2027 (Units)
Table 44 Market, by Engine Capacity, 2018-2021 (USD Million)
Table 45 Market, by Engine Capacity, 2022-2027 (USD Million)
8.2 <400Cc
8.2.1 Atvs Having <400Cc Engine Capacity are Used in Sports and Off-Road Activities
Table 46 <400Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 47 <400Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 48 <400Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 49 <400Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
8.3 400--800Cc
8.3.1 High Delivering Power and Better Fuel Efficiency Drive this Segment
Table 50 400-800Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 51 400-800Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 52 400-800Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 53 400-800Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
8.4 > 800Cc
8.4.1 Atvs with Engine Capacity >800Cc Offers Extreme Power and Torque Requirements
Table 54 > 800Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 55 > 800Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 56 > 800Cc: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 57 > 800Cc: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
9 All-Terrain Vehicle Market, by Application
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Industry Insights
Figure 32 Market, by Application, 2022 Vs. 2027 (USD Million)
Table 58 Market, by Application, 2018-2021 (Units)
Table 59 Market, by Application, 2022-2027 (Units)
Table 60 Market, by Application, 2018-2021 (USD Million)
Table 61 Market, by Application, 2022-2027 (USD Million)
9.2 Sports
9.2.1 Popularity of Sports Events and Championships to Drive Demand
Table 62 Sports: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 63 Sports: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 64 Sports: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 65 Sports: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
9.3 Entertainment
9.3.1 Growing Number of Leisure Enthusiasts to Drive Demand
Table 66 Entertainment: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 67 Entertainment: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 68 Entertainment: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 69 Entertainment: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
9.4 Agriculture
9.4.1 Increasing Farm Mechanization to Drive Demand
Table 70 Agriculture: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 71 Agriculture: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 72 Agriculture: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 73 Agriculture: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
9.5 Military & Defense
9.5.1 Increasing Research and Investments in Development of Atvs for Extreme Conditions to Drive Demand
Table 74 Military & Defense: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 75 Military & Defense: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 76 Military & Defense: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 77 Military & Defense: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
9.6 Other (Hunting & Forestry)
9.6.1 Increasing Penetration in Government Forest Departments & Availability of Several Models to Drive Demand
Table 78 Other (Hunting & Forestry): All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 79 Other (Hunting & Forestry): All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 80 Other (Hunting & Forestry): All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 81 Other (Hunting & Forestry): All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
10 All-Terrain Vehicle Market, by Seating Capacity
10.1 Introduction
10.1.1 Research Methodology
10.1.2 By Seating Capacity, by Region: Industry Insights
10.1.3 Assumptions
Figure 33 Market, by Seating Capacity, 2022 Vs. 2027 (USD Million)
Table 82 Market, by Seating Capacity, 2018-2021 (Units)
Table 83 Market, by Seating Capacity, 2022-2027 (Units)
Table 84 Market, by Seating Capacity, 2018-2021 (USD Million)
Table 85 Market, by Seating Capacity, 2022-2027 (USD Million)
10.2 One-Seater
10.2.1 Lower Cost of One-Seat Atvs Drive this Segment
Table 86 One-Seater: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 87 One-Seater: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 88 One-Seater: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 89 One-Seater: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
10.3 Two-Seater
10.3.1 Increased Demand for Recreational Riding and Transporting Cargo Drive this Segment
Table 90 Two-Seater: All-Terrain Market, by Region, 2018-2021 (Units)
Table 91 Two-Seater: All-Terrain Market, by Region, 2022-2027 (Units)
Table 92 Two-Seater: All-Terrain Market, by Region, 2018-2021 (USD Million)
Table 93 Two-Seater: All-Terrain Market, by Region, 2022-2027 (USD Million)
11 All-Terrain Vehicle Market, by Number of Wheels
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
Figure 34 Market, by Number of Wheels, 2022 Vs. 2027 (USD Million)
Table 94 Market, by Number of Wheels, 2018-2021 (Units)
Table 95 Market, by Number of Wheels, 2022-2027 (Units)
Table 96 Market, by Number of Wheels, 2018-2021 (USD Million)
Table 97 All-Terrain Vehicle Market, by Number of Wheels, 2022-2027 (USD Million)
11.2 Four Wheels
11.2.1 Increased Sports and Recreational Activities Expected to Drive this Segment
Table 98 Four Wheels: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 99 Four Wheels: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 100 Four Wheels: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 101 Four Wheels: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
11.3 >Four Wheels
11.3.1 Growing Demand for Utility Atv in Agriculture, Construction, Mining is Expected to Drive >Four-Wheel Atv Market
Table 102 >Four Wheels: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 103 >Four Wheels: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 104 >Four Wheels: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 105 >Four Wheels: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
12 All-Terrain Vehicle Market, by Type
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumptions
12.1.3 Industry Insights: by Type & Region
Figure 35 Market, by Type, 2022 Vs. 2027 (USD Million)
Table 106 Market, by Type, 2018-2021 (Units)
Table 107 Market, by Type, 2022-2027 (Units)
Table 108 Market, by Type, 2018-2021 (USD Million)
Table 109 Market, by Type, 2022-2027 (USD Million)
12.2 Utility Atv
12.2.1 Increasing Application of Atvs in Farms and Agricultural Practices Expected to Drive this Segment
Table 110 Utility: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 111 Utility: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 112 Utility: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 113 Utility: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
12.3 Sports Atv
12.3.1 Asia Oceania Expected to be Fastest-Growing Market for Sports Atvs 133
Table 114 Sports: All-Terrain Vehicle Market, by Region, 2018-2021 (Units)
Table 115 Sports: All-Terrain Vehicle Market, by Region, 2022-2027 (Units)
Table 116 Sports: All-Terrain Vehicle Market, by Region, 2018-2021 (USD Million)
Table 117 Sports: All-Terrain Vehicle Market, by Region, 2022-2027 (USD Million)
13 All-Terrain Vehicle Market, by Region
13.1 Introduction
13.1.1 Research Methodology
13.1.2 Assumptions/Limitations
13.1.3 Industry Insights
Figure 36 Market, by Region, 2022 Vs. 2025 (USD Million)
Table 118 Market, by Region, 2018-2021 (Units)
Table 119 Market, by Region, 2022-2027 (Units)
Table 120 Market, by Region, 2018-2021 (USD Million)
Table 121 Market, by Region, 2022-2027 (USD Million)
13.2 Asia Oceania
Figure 37 Asia Oceania: All-Terrain Vehicle Market (By Value) Snapshot
Table 122 Asia Oceania Atv Market, by Country, 2018-2021 (Units)
Table 123 Asia Oceania: Market, by Country, 2022-2027 (Units)
Table 124 Asia Oceania Atv Market, by Country, 2018-2021 (USD Million)
Table 125 Asia Oceania: Market, by Country, 2022-2027 (USD Million)
13.2.1 China
13.2.1.1 Domestic Manufacturing of Atv is Expected to the Market
Table 126 China: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 127 China: Market, by Type, 2022-2027 (Units)
Table 128 China: Market, by Type, 2018-2021 (USD Million)
Table 129 China: Market, by Type, 2022-2027 (USD Million)
13.2.2 Australia
13.2.2.1 Atv Safety Regulations to Drive Australian Market with Modest Growth
Table 130 Australia: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 131 Australia: Market, by Type, 2022-2027 (Units)
Table 132 Australia: Market, by Type, 2018-2021 (USD Million)
Table 133 Australia: Market, by Type, 2022-2027 (USD Million)
13.2.3 New Zealand
13.2.3.1 Increasing Popularity of Sports Events and Championships to Drive Sport Atv Segment in New Zealand
Table 134 New Zealand: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 135 New Zealand: Market, by Type, 2022-2027 (Units)
Table 136 New Zealand: Market, by Type, 2018-2021 (USD Million)
Table 137 New Zealand: Market, by Type, 2022-2027 (USD Million)
13.2.4 Japan
13.2.4.1 Popularity of Atvs in Sports Events is Expected to Drive Atv Market in Japan
Table 138 Japan: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 139 Japan: Market, by Type, 2022-2027 (Units)
Table 140 Japan: Market, by Type, 2018-2021 (USD Million)
Table 141 Japan: Market, by Type, 2022-2027 (USD Million)
13.2.5 India
13.2.5.1 Launches of Atv Models for Agricultural Purposes is Expected to Drive Market
Table 142 India: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 143 India: Market, by Type, 2022-2027 (Units)
Table 144 India: Market, by Type, 2018-2021 (USD Million)
Table 145 India: Market, by Type, 2022-2027 (USD Million)
13.3 Europe
Figure 38 Europe: All-Terrain Vehicle Market, by Country, 2022 Vs. 2027 (USD Million)
Table 146 Europe: Market, by Country, 2018-2021 (Units)
Table 147 Europe: Market, by Country, 2022-2027 (Units)
Table 148 Europe: Market, by Country, 2018-2021 (USD Million)
Table 149 Europe: Market, by Country, 2022-2027 (USD Million)
13.3.1 Germany
13.3.1.1 Increasing Penetration of Atvs in Military and Defense is Expected to Drive Market
Table 150 Germany: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 151 Germany: Market, by Type, 2022-2027 (Units)
Table 152 Germany: Market, by Type, 2018-2021 (USD Million)
Table 153 Germany: Market, by Type, 2022-2027 (USD Million)
13.3.2 France
13.3.2.1 Increasing Adoption of Atvs in Construction and Farming Activities to Drive Market
Table 154 France: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 155 France: Market, by Type, 2022-2027 (Units)
Table 156 France: Market, by Type, 2018-2021 (USD Million)
Table 157 France: Market, by Type, 2022-2027 (USD Million)
13.3.3 Russia
13.3.3.1 Presence of Domestic Players in Russia to Drive Market
Table 158 Russia: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 159 Russia: Market, by Type, 2022-2027 (Units)
Table 160 Russia: Market, by Type, 2018-2021 (USD Million)
Table 161 Russia: Market, by Type, 2022-2027 (USD Million)
13.3.4 UK
13.3.4.1 Development of Quad Bike for Military Purposes to Drive Market in the UK
Table 162 UK: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 163 UK: Market, by Type, 2022-2027 (Units)
Table 164 UK: Market, by Type, 2018-2021 (USD Million)
Table 165 UK: Market, by Type, 2022-2027 (USD Million)
13.3.5 Spain
13.3.5.1 Utility Atv is the Largest Growing Segment in Spain
Table 166 Spain: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 167 Spain: Market, by Type, 2022-2027 (Units)
Table 168 Spain: Market, by Type, 2018-2021 (USD Million)
Table 169 Spain: Market, by Type, 2022-2027 (USD Million)
13.3.6 Sweden
13.3.6.1 Growing Sales of Utility Atvs Expected to Drive Market in Sweden
Table 170 Sweden: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 171 Sweden: Market, by Type, 2022-2027 (Units)
Table 172 Sweden: Market, by Type, 2018-2021 (USD Million)
Table 173 Sweden: Market, by Type, 2022-2027 (USD Million)
13.3.7 Rest of Europe
Table 174 Rest of Europe: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 175 Rest of Europe: Market, by Type, 2022-2027 (Units)
Table 176 Rest of Europe: Market, by Type, 2018-2021 (USD Million)
Table 177 Rest of Europe: Market, by Type, 2022-2027 (USD Million)
13.4 North America
Figure 39 North America: All-Terrain Vehicle Market, Snapshot
Table 178 North America: Market, by Country, 2018-2021 (Units)
Table 179 North America: Market, by Country, 2022-2027 (Units)
Table 180 North America: Market, by Country, 2018-2021 (USD Million)
Table 181 North America: Market, by Country, 2022-2027 (USD Million)
13.4.1 US
13.4.1.1 High Preference Towards Recreational Activities and Growing Usage of Atvs in Military Application Drive the Us Market
Table 182 US: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 183 US: Market, by Type, 2022-2027 (Units)
Table 184 US: Market, by Type, 2018-2021 (USD Million)
Table 185 US: Market, by Type, 2022-2027 (USD Million)
13.4.2 Canada
13.4.2.1 Growing Popularity of Off-Road Racing Events and Government Efforts to Legalize Atvs in Some Provinces Drive Market Growth
Table 186 Canada: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 187 Canada: Market, by Type, 2022-2027 (Units)
Table 188 Canada: Market, by Type, 2018-2021 (USD Million)
Table 189 Canada: Market, by Type, 2022-2027 (USD Million)
13.4.3 Mexico
13.4.3.1 Several Cost-Effective Methods Offered Made the Country a Strategic Hub for Global Off-Road Vehicle Manufacturers
Table 190 Mexico: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 191 Mexico: Market, by Type, 2022-2027 (Units)
Table 192 Mexico: Market, by Type, 2018-2021 (USD Million)
Table 193 Mexico: Market, by Type, 2022-2027 (USD Million)
13.5 Rest of the World (Row)
Figure 40 RoW: All-Terrain Vehicle Market, by Country, 2022 Vs. 2027 (USD Million)
Table 194 RoW: Market, by Country, 2018-2021 (Units)
Table 195 RoW: Market, by Country, 2022-2027 (Units)
Table 196 RoW: Market, by Country, 2018-2021 (USD Million)
Table 197 RoW: Market, by Country, 2022-2027 (USD Million)
13.5.1 Brazil
13.5.1.1 Increasing Penetration of Atvs in Government Forest Departments, Availability of Several Models to Drive Market
Table 198 Brazil: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 199 Brazil: Market, by Type, 2022-2027 (Units)
Table 200 Brazil: Market, by Type, 2018-2021 (USD Million)
Table 201 Brazil: Market, by Type, 2022-2027 (USD Million)
13.5.2 UAE
13.5.2.1 Tourism is Driving the Demand for Sports Atvs in the Region
Table 202 UAE: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 203 UAE: Market, by Type, 2022-2027 (Units)
Table 204 UAE: Market, by Type, 2018-2021 (USD Million)
Table 205 UAE: Market, by Type, 2022-2027 (USD Million)
13.5.3 South Africa
13.5.3.1 Utility Atv is the Largest Segment in South Africa Driven by Access to Difficult Terrains
Table 206 South Africa: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 207 South Africa: Market, by Type, 2022-2027 (Units)
Table 208 South Africa: Market, by Type, 2018-2021 (USD Million)
Table 209 South Africa: Market, by Type, 2022-2027 (USD Million)
13.5.4 Saudi Arabia
13.5.4.1 Sports Atv is the Largest Segment in Saudi Arabia
Table 210 Saudi Arabia: All-Terrain Vehicle Market, by Type, 2018-2021 (Units)
Table 211 Saudi Arabia: Market, by Type, 2022-2027 (Units)
Table 212 Saudi Arabia: Market, by Type, 2018-2021 (USD Million)
Table 213 Saudi Arabia: Market, by Type, 2022-2027 (USD Million)
14 Side-By-Side Market, by Region
14.1 Introduction
14.1.1 Research Methodology
14.1.2 Assumptions
14.1.3 Industry Insights: by Region
Figure 41 Side-By-Side Market, by Region, 2022 Vs. 2027 (USD Million)
Table 214 Side-By-Side Market, by Region, 2018-2021 (Units)
Table 215 Side-By-Side Market, by Region, 2022-2027 (Units)
Table 216 Side-By-Side Market, by Region, 2018-2021 (USD Million)
Table 217 Side-By-Side Market, by Region, 2022-2027 (USD Million)
15 Analyst's Recommendations
15.1 Asia Oceania Estimated to be Attractive Market for All-Terrain Vehicle
15.2 >800Cc Atvs and Side-By-Side are Expected to Create New Revenue Pockets in Future
15.3 Electric Atvs Expected to Offer Attractive Opportunities to Manufacturers
15.4 Conclusion
16 Competitive Landscape
16.1 Overview
Table 218 Companies Adopted New Product Development as Key Growth Strategy, 2019-2021
16.2 All-Terrain Vehicle Market Share Analysis, 2020
Table 219 Market: Market Share Analysis, 2020
Figure 42 Market Share, 2020
16.3 Revenue Analysis of Top 5 All-Terrain Vehicle Players
Figure 43 Revenue Analysis of Top All-Terrain Vehicle Players
Table 220 All-Terrain Vehicle and Side-By-Side Market: Company Product Footprint, 2021
Table 221 All-Terrain Vehicle and Side-By-Side Market: Company Application Footprint, 2021
Table 222 All Terrain Vehicle Market: Company Region Footprint, 2020
Figure 44 All-Terrain Vehicle Manufacturers: Competitive Evaluation Matrix, 2021
16.4 Competitive Evaluation Quadrant: All-Terrain Vehicle Manufacturers
16.4.1 Star
16.4.2 Emerging Leaders
16.4.3 Pervasive
16.4.4 Participants
16.5 Competitive Evaluation Quadrant: Side by Side Manufacturers
Figure 45 Side-By-Side Manufacturers: Competitive Evaluation Matrix, 2021
16.5.1 Star
16.5.2 Emerging Leaders
16.5.3 Pervasive
16.5.4 Participants
16.6 Competitive Scenario
16.6.1 New Product Launches
Table 223 Product Launches, 2021
16.6.2 Deals
Table 224 Deals, 2021
16.6.3 Expansions, 2021
Table 225 Expansions, 2021
17 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View)*
17.1 Key Players
17.1.1 Polaris
Table 226 Polaris: Business Overview
Figure 46 Polaris: Company Snapshot
Table 227 Polaris: Products Offered
Table 228 Polaris: New Product Developments
Table 229 Polaris: Deals
Table 230 Polaris: Other Developments
17.1.2 Honda
Table 231 Honda: Business Overview
Figure 47 Honda: Company Snapshot
Table 232 Honda: Products Offered
Table 233 Honda: New Product Developments
Table 234 Honda: Deals
17.1.3 Textron
Table 235 Textron: Business Overview
Figure 48 Textron: Company Snapshot
Table 236 Textron: Products Offered
Table 237 Textron: New Product Developments
17.1.4 Kawasaki
Table 238 Kawasaki: Business Overview
Figure 49 Kawasaki: Company Snapshot
Table 239 Kawasaki: Products Offered
Table 240 Kawasaki: New Product Developments
Table 241 Kawasaki: Other Development
17.1.5 Yamaha
Table 242 Yamaha: Business Overview
Figure 50 Yamaha: Company Snapshot
Table 243 Yamaha: Products Offered
Table 244 Yamaha: New Product Development
17.1.6 Suzuki
Table 245 Suzuki: Business Overview
Figure 51 Suzuki: Company Snapshot
Table 246 Suzuki: Products Offered
Table 247 Suzuki: New Product Development
17.1.7 John Deere
Table 248 John Deere: Business Overview
Figure 52 John Deere: Company Snapshot
Table 249 John Deere: Products Offered
Table 250 John Deere: New Product Development
17.1.8 Brp
Table 251 Brp: Business Overview
Figure 53 Brp: Company Snapshot
Table 252 Brp: Products Offered
Table 253 Brp: New Product Developments
17.2 All-Terrain Vehicle Market - Additional Players
17.2.1 Hisun Motors
Table 254 Hisun Motors: Business Overview
17.2.2 Bennche Motors
Table 255 Bennche Motors: Business Overview
17.2.3 American Landmaster
Table 256 American Landmaster: Business Overview
17.2.4 Velomotors
Table 257 Velomotors: Business Overview
17.2.5 Ecocharger
Table 258 Ecocharger: Business Overview
17.2.6 Baltmotors
Table 259 Baltmotors: Business Overview
17.2.7 Cectek
Table 260 Cectek: Business Overview
17.2.8 Nebula Automotive
Table 261 Nebula Automotive: Business Overview
17.2.9 Taiwan Golden Bee
Table 262 Taiwan Golden Bee: Business Overview
17.2.10 Kymco
Table 263 Kymco: Business Overview
17.2.11 Cfmoto
Table 264 Cfmoto: Business Overview
17.2.12 Linhai
Table 265 Linhai: Business Overview
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
18 Appendix
18.1 Currency & Pricing
Table 266 Currency Exchange Rates (Wrt Per Usd)
18.2 Insights of Industry Experts
18.3 Discussion Guide
18.4 Knowledge Store: The Subscription Portal
18.5 Available Customizations
18.5.1 Side-By-Side Vehicle Market, by Application
18.5.1.1 Sports
18.5.1.2 Entertainment
18.5.1.3 Agriculture
18.5.1.4 Military & Defense
18.5.1.5 Others (Hunting & Forestry)
18.5.2 Side by Side Vehicle Market, by Fuel Type
18.5.2.1 Gasoline
18.5.2.2 Diesel
18.5.2.3 Electric
18.5.3 Side by Side Vehicle Market, by Region
18.5.3.1 Asia Oceania
18.5.3.2 Europe
18.5.3.3 North America
18.5.3.4 Rest of the World
  • American Landmaster
  • Baltmotors
  • Bennche Motors
  • Brp
  • Cectek
  • Cfmoto
  • Ecocharger
  • Hisun Motors
  • Honda
  • John Deere
  • Kawasaki
  • Kymco
  • Linhai
  • Nebula Automotive
  • Polaris
  • Suzuki
  • Taiwan Golden Bee
  • Textron
  • Velomotors
  • Yamaha

Loading
LOADING...