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Global ATV and UTV Market 2022-2028

  • ID: 5350752
  • Report
  • January 2022
  • Region: Global
  • 190 Pages
  • Triton Market Research

FEATURED COMPANIES

  • Brp Inc
  • Deere and Company
  • Honda Motor Company
  • Kubota Corporation
  • Polaris Industries Inc
  • Textron Inc

MARKET OUTLOOK

The publisher’s report estimates that the global ATV and UTV market is expected to display a growth rate of 6.65% during the estimated phase 2022-2028.

Factors such as the rising prominence of adventure sports, supportive governmental rules, and growing use of ATVs and UTVs for military activities augment the market’s progress. The demand for these quad bikes in the military sector is growing due to their superior mobility for tactical operations. Moreover, the high flexibility and navigational capabilities offer proper directions to operators.

Conversely, driving bans in wildlife locations and high maintenance costs negatively impact the ATV and UTV market’s robust growth.

REGIONAL OUTLOOK

The global ATV and UTV market comprise North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa regions.

North America dominates the market for ATV and UTV globally and is expected to continue its stronghold till 2028. Numerous prominent companies are introducing new utility vehicles across Canada, influencing the adoption of ATVs and UTVs. For example, Mahindra launched Roxer side-by-side UTV in Canada. Furthermore, there is a great demand for UTVs in the defense industry due to their efficient patrol in combat tactics. Moreover, these quad bikes have gained traction among farmers in the United States. All these factors are augmenting the ATV and UTV market’s growth within the North American nations.

COMPETITIVE OUTLOOK

The major companies in the ATV and UTV market include Yamaha Motor Co Ltd, Honda Motor Company, Deere and Company, Polaris Industries Inc, Suzuki Motors Corporation, and BRP Inc, Kawasaki Heavy Industries, Kubota Corporation, Textron Inc, Kwang Yang Motor Co Ltd, Hisun, and CFmoto.

Honda Motor Company manufactures motorcycles, automobiles, power products, and others. Its product line consists of fuel cell vehicles, ATV sports, ATV rec, and passenger cars, among others. The firm also offers financial services, including leasing services and retail lending. Honda Motor has operations spread across numerous countries, with headquarters based in Tokyo, Japan.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Brp Inc
  • Deere and Company
  • Honda Motor Company
  • Kubota Corporation
  • Polaris Industries Inc
  • Textron Inc

1. Global ATV and UTV Market - Summary
2. Industry Outlook
2.1. Key Insights
2.1.1. Growing Use of ATVs on Uneven Roads
2.1.2. Increase in ATV Experience Zones
2.1.3. Growing Penetration of Cvts in ATVs
2.2. Impact of Covid-19 on ATV and UTV Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Key Buying Impact Analysis
2.4.1. Government Regulations
2.4.2. Price
2.4.3. Application
2.5. Market Attractiveness Matrix
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Contracts & Partnerships
2.7.2. Business Expansions & Divestitures
2.7.3. New Product Launches
2.8. Market Drivers
2.8.1. Growing Popularity of Adventure Sports
2.8.2. Increasing ATV and UTV Use in Military
2.8.3. Government Rules Supporting ATVs and UTVs
2.9. Market Challenges
2.9.1. Driving Ban in Wildlife Areas
2.9.2. High Maintenance Cost
2.10. Market Opportunities
2.10.1. Production of Safer ATVs and UTVs
3. Global ATV and UTV Market - by Vehicle Type
3.1. ATV
3.2. UTV
4. Global ATV and UTV Market - by Displacement
4.1. = 400 (Cc)
4.2. 400-800(Cc)
4.3. = 800 (Cc)
5. Global ATV and UTV Market - by Fuel Type
5.1. Gasoline-Powered
5.2. Diesel-Powered
5.3. Electric-Powered
5.4. Solar-Powered
6. Global ATV and UTV Market - by End-User
6.1. Recreational
6.2. Sports
6.3. Agriculture & Utility
6.4. Military & Defense
6.5. Other End-Users
7. Global ATV and UTV Market - Regional Outlook
7.1. North America
7.1.1. Market by Vehicle Type
7.1.2. Market by Displacement
7.1.3. Market by Fuel Type
7.1.4. Market by End-User
7.1.5. Country Analysis
7.1.5.1. United States
7.1.5.2. Canada
7.2. Europe
7.2.1. Market by Vehicle Type
7.2.2. Market by Displacement
7.2.3. Market by Fuel Type
7.2.4. Market by End-User
7.2.5. Country Analysis
7.2.5.1. United Kingdom
7.2.5.2. Germany
7.2.5.3. France
7.2.5.4. Spain
7.2.5.5. Italy
7.2.5.6. Russia
7.2.5.7. Rest of Europe
7.3. Asia-Pacific
7.3.1. Market by Vehicle Type
7.3.2. Market by Displacement
7.3.3. Market by Fuel Type
7.3.4. Market by End-User
7.3.5. Country Analysis
7.3.5.1. China
7.3.5.2. Japan
7.3.5.3. India
7.3.5.4. South Korea
7.3.5.5. Asean Countries
7.3.5.6. Australia & New Zealand
7.3.5.7. Rest of Asia-Pacific
7.4. Latin America
7.4.1. Market by Vehicle Type
7.4.2. Market by Displacement
7.4.3. Market by Fuel Type
7.4.4. Market by End-User
7.4.5. Country Analysis
7.4.5.1. Brazil
7.4.5.2. Mexico
7.4.5.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Market by Vehicle Type
7.5.2. Market by Displacement
7.5.3. Market by Fuel Type
7.5.4. Market by End-User
7.5.5. Country Analysis
7.5.5.1. United Arab Emirates
7.5.5.2. Turkey
7.5.5.3. Saudi Arabia
7.5.5.4. South Africa
7.5.5.5. Rest of Middle East & Africa
8. Competitive Landscape
8.1. Brp Inc
8.2. Cfmoto
8.3. Deere and Company
8.4. Hisun
8.5. Honda Motor Company
8.6. Kawasaki Heavy Industries
8.7. Kubota Corporation
8.8. Kwang Yang Motor Co Ltd
8.9. Polaris Industries Inc
8.10. Suzuki Motors Corporation
8.11. Textron Inc
8.12. Yamaha Motor Co Ltd
9. Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources of Data
9.3. Research Methodology
List of Tables
Table 1: Global ATV and UTV Market, by Regional Outlook, 2022-2028 (In $ Million)
Table 2: Market Attractiveness Matrix
Table 3: Vendor Scorecard
Table 4: List of Contracts & Partnerships
Table 5: List of Business Expansions & Divestitures
Table 6: List of New Product Launches
Table 7: Global ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 8: Global ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 9: Global ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 10: Global ATV and UTV Market, by End-User, 2022-2028 (In $ Million)
Table 11: Global ATV and UTV Market, by Regional Outlook, 2022-2028 (In $ Million)
Table 12: North America ATV and UTV Market, by Country Outlook, 2022-2028 (In $ Million)
Table 13: North America ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 14: North America ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 15: North America ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 16: North America ATV and UTV Market, by End-User, 2022-2028 (In $ Million)
Table 17: Europe ATV and UTV Market, by Country Outlook, 2022-2028 (In $ Million)
Table 18: Europe ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 19: Europe ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 20: Europe ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 21: Europe ATV and UTV Market, by End-User, 2022-2028 (In $ Million)
Table 22: Asia-Pacific ATV and UTV Market, by Country Outlook, 2022-2028 (In $ Million)
Table 23: Asia-Pacific ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 24: Asia-Pacific ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 25: Asia-Pacific ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 26: Asia-Pacific ATV and UTV Market, by End-User, 2022-2028 (In $ Million)
Table 27: Latin America ATV and UTV Market, by Country Outlook, 2022-2028 (In $ Million)
Table 28: Latin America ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 29: Latin America ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 30: Latin America ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 31: Latin America ATV and UTV Market, by Application, 2022-2028 (In $ Million)
Table 32: Middle East and Africa ATV and UTV Market, by Country Outlook, 2022-2028 (In $ Million)
Table 33: Middle East and Africa ATV and UTV Market, by Vehicle Type, 2022-2028 (In $ Million)
Table 34: Middle East and Africa ATV and UTV Market, by Displacement, 2022-2028 (In $ Million)
Table 35: Middle East and Africa ATV and UTV Market, by Fuel Type, 2022-2028 (In $ Million)
Table 36: Middle East and Africa ATV and UTV Market, by End-User, 2022-2028 (In $ Million)
List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Key Buying Impact Analysis
Figure 3: Global ATV and UTV Market, by Vehicle Type, 2021 & 2028 (In %)
Figure 4: Global ATV and UTV Market, by ATV, 2022-2028 (In $ Million)
Figure 5: Global ATV and UTV Market, by UTV, 2022-2028 (In $ Million)
Figure 6: Global ATV and UTV Market, by Displacement, 2021 & 2028 (In %)
Figure 7: Global ATV and UTV Market, by = 400 (Cc), 2022-2028 (In $ Million)
Figure 8: Global ATV and UTV Market, by 400-800(Cc), 2022-2028 (In $ Million)
Figure 9: Global ATV and UTV Market, by = 800 (Cc), 2022-2028 (In $ Million)
Figure 10: Global ATV and UTV Market, by Fuel Type, 2021 & 2028 (In %)
Figure 11: Global ATV and UTV Market, by Gasoline-Powered, 2022-2028 (In $ Million)
Figure 12: Global ATV and UTV Market, by Diesel-Powered, 2022-2028 (In $ Million)
Figure 13: Global ATV and UTV Market, by Electric-Powered, 2022-2028 (In $ Million)
Figure 14: Global ATV and UTV Market, by Solar-Powered, 2022-2028 (In $ Million)
Figure 15: Global ATV and UTV Market, by End-User, 2021 & 2028 (In %)
Figure 16: Global ATV and UTV Market, by Recreational, 2022-2028 (In $ Million)
Figure 17: Global ATV and UTV Market, by Sports, 2022-2028 (In $ Million)
Figure 18: Global ATV and UTV Market, by Agriculture & Utility, 2022-2028 (In $ Million)
Figure 19: Global ATV and UTV Market, by Military & Defense, 2022-2028 (In $ Million)
Figure 20: Global ATV and UTV Market, by Other End-Users, 2022-2028 (In $ Million)
Figure 21: Global ATV and UTV Market, Regional Outlook, 2021 & 2028 (In %)
Figure 22: United States ATV and UTV Market 2022-2028 (In $ Million)
Figure 23: Canada ATV and UTV Market 2022-2028 (In $ Million)
Figure 24: United Kingdom ATV and UTV Market 2022-2028 (In $ Million)
Figure 25: Germany ATV and UTV Market 2022-2028 (In $ Million)
Figure 26: France ATV and UTV Market 2022-2028 (In $ Million)
Figure 27: Spain ATV and UTV Market 2022-2028 (In $ Million)
Figure 28: Italy ATV and UTV Market 2022-2028 (In $ Million)
Figure 29: Russia ATV and UTV Market 2022-2028 (In $ Million)
Figure 30: Rest of Europe ATV and UTV Market 2022-2028 (In $ Million)
Figure 31: China ATV and UTV Market 2022-2028 (In $ Million)
Figure 32: Japan ATV and UTV Market 2022-2028 (In $ Million)
Figure 33: India ATV and UTV Market 2022-2028 (In $ Million)
Figure 34: South Korea ATV and UTV Market 2022-2028 (In $ Million)
Figure 35: Asean Countries ATV and UTV Market 2022-2028 (In $ Million)
Figure 36: Australia & New Zealand ATV and UTV Market 2022-2028 (In $ Million)
Figure 37: Rest of Asia-Pacific ATV and UTV Market 2022-2028 (In $ Million)
Figure 38: Brazil ATV and UTV Market 2022-2028 (In $ Million)
Figure 39: Mexico ATV and UTV Market 2022-2028 (In $ Million)
Figure 40: Rest of Latin America ATV and UTV Market 2022-2028 (In $ Million)
Figure 41: United Arab Emirates ATV and UTV Market 2022-2028 (In $ Million)
Figure 42: Turkey ATV and UTV Market 2022-2028 (In $ Million)
Figure 43: Saudi Arabia ATV and UTV Market 2022-2028 (In $ Million)
Figure 44: South Africa ATV and UTV Market 2022-2028 (In $ Million)
Figure 45: Rest of Middle East & Africa ATV and UTV Market 2022-2028 (In $ Million)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Brp Inc
  • Cfmoto
  • Deere and Company
  • Hisun
  • Honda Motor Company
  • Kawasaki Heavy Industries
  • Kubota Corporation
  • Kwang Yang Motor Co Ltd
  • Polaris Industries Inc
  • Suzuki Motors Corporation
  • Textron Inc
  • Yamaha Motor Co Ltd
Note: Product cover images may vary from those shown

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