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All-Terrain Vehicle (ATV) Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5766869
An All-Terrain Vehicle (ATV) is a motorized vehicle that travels on low-pressure tires, typically featuring a seat straddled by the operator and handlebars for steering control. ATVs are designed to navigate a wide variety of terrains more effectively than other vehicles.

The main types of ATVs include utility ATVs, sports ATVs, recreational ATVs, and others. Utility ATVs are equipped with powerful engines for navigating diverse terrains and are commonly employed for heavy-duty tasks such as hauling cargo, plowing fields, or managing snow. These utility ATVs typically accommodate two passengers comfortably and offer better ground clearance. ATVs come in different displacements - low, mid, and high - and are used for various applications, including sports, entertainment, agriculture, military, and hunting.

The all-terrain vehicle (ATV) market research report is one of a series of new reports that provides all-terrain vehicle (ATV) market statistics, including all-terrain vehicle (ATV) industry global market size, regional shares, competitors with a all-terrain vehicle (ATV) market share, detailed all-terrain vehicle (ATV) market segments, market trends and opportunities, and any further data you may need to thrive in the all-terrain vehicle (ATV) industry. This all-terrain vehicle (ATV) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The all-terrain vehicle (atv) market size has grown strongly in recent years. It will grow from $3.56 billion in 2023 to $3.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The observed growth in the historical period can be attributed to several factors, including the increasing popularity of recreational off-roading, the widespread use of ATVs in agricultural and farming applications, their utilization in military and defense contexts, and the overall expansion of outdoor recreation activities.

The all-terrain vehicle (atv) market size is expected to see strong growth in the next few years. It will grow to $4.7 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The anticipated growth in the forecast period can be attributed to factors such as increased urban and suburban recreational use of ATVs, adherence to stringent emission standards, the incorporation of advanced safety features, and a growing demand in emerging markets. Key trends expected in the forecast period include the introduction of electric ATV models, the development of autonomous ATV technologies, the use of lightweight and high-performance materials, integration with connectivity and IoT (Internet of Things), and an emphasis on customization and personalization options.

Government support plays a pivotal role in propelling the growth of the all-terrain vehicle (ATV) market as various governments globally are backing the automotive sector to innovate and provide advanced solutions. This support is anticipated to spur demand within the tourism industry, consequently driving the growth of the ATV market. For instance, in July 2022, the U. S. Department of Energy (DOE) allocated a $96 million funding opportunity aimed at decarbonizing the domestic transportation sector. The focus of this funding is to expand electric vehicle (EV) charging infrastructure, promote cleaner non-road vehicles through electrification and alternative fuels, and develop electric drive components and materials to enhance EV efficiency and affordability. Such governmental initiatives are expected to fuel the growth of the ATV market significantly.

The increasing number of high-net-worth individuals (HNWIs) is anticipated to contribute to the expansion of the ATV market during the forecast period. With HNWIs possessing liquid assets valued at $1 million or more, the automotive industry's market landscape widens, coinciding with the rising wealth levels. The projected surge in UHNWI individuals, particularly in regions like India, where there's an expected 58.4% increase in individuals with a net worth exceeding $30 million, signifies a potential growth area for the ATV market. Similarly, India's billionaire population is projected to increase, indicating a rise in potential consumers capable of investing in premium products like ATVs. This growth in the HNWI segment is likely to support the ATV market expansion.

New product innovations stand out as a key trend in the ATV market. Companies are placing emphasis on continuous product development to meet the escalating demands of end customers, expand their market share, and establish a global presence. Notable examples include Yamaha Motor Corp. 's launch of the Grizzly EPS XT-R in 2021, equipped with a 686 CC liquid-cooled SOHC 4-stroke engine and 3-way differential locking for utility purposes. Similarly, Suzuki Motors Corp. introduced the 2021 KingQuad ATV models featuring advanced electric power steering systems, independent suspension, and increased towing capacity, catering to the sports utility segment. These innovations align with evolving consumer preferences and technological advancements, driving the growth trajectory of the ATV market.

The all-terrain vehicle (ATV) market is witnessing a surge in collaborations and acquisitions among companies aiming to fortify their financial positions, enhance product portfolios, and expand their geographical reach. These strategic moves are geared towards fostering innovation, improving offerings, and catering to evolving consumer needs. For instance, in March 2023, the partnership between L1fe Outdoors, a prominent Canadian ATV dealer, and FINNTRAIL, specializing in manufacturing advanced off-road wading gear, represents a move to introduce cutting-edge ATV/UTV riding gear to Canadian off-road enthusiasts. This partnership emphasizes enhancing the riding experience by prioritizing safety, performance, and comfort for consumers navigating rugged terrains. Similarly, The Toro Company, a reputable US-based enterprise known for manufacturing lawn mowers, snow blowers, and irrigation supplies, acquired Intimidator Group in January 2022. Intimidator Group, a manufacturer of utility vehicles targeting rural markets and large acreage customers, notably includes Spartan Mowers in its portfolio. This acquisition strategically positions The Toro Company to strengthen its presence in the rapidly growing zero-turn mower market, further expanding its offerings to meet diverse consumer demands.

Planet Resource Recovery Inc. 's acquisition of MAX Amphibious All-Terrain Vehicle's assets, product line, tooling, and intellectual property from Agile Vehicle Technologies Limited in November 2021 indicates a strategic move to revitalize MAX ATVs in the market. By acquiring MAX's accessory and parts business, Planet Resource Recovery Inc. aims to reintroduce MAX vehicles to cater to the current ATV market demands.

Major companies operating in the in the all-terrain vehicle (atv) market report are Bombardier Recreational Products Inc., Suzuki Motors Corporation, Kawasaki Motors Corporation, HiSun Motors Corp., Yamaha Motor Co. Ltd., AISIN SEIKI Co. Ltd., Honda Motor Co. Ltd., Polaris Industries Inc., TEAM Industries Inc., Arctic Cat Inc., Deere & Company, KTM AG, Can-Am Off-Road, Textron Inc., CFMOTO Powersports Inc., Kwang Yang Motor Co. Ltd., Linhai Industrial Share Co. Ltd., TGB Group, Kandi Technologies Group, Kymco USA Inc., Massimo Motor Sports, ODES Industries LLC, Suzuki Motorcycle Corporation, Apollo io, BMS Motorsports, Maxtrade LLC, Hammerhead Off-Road Inc., Chongqing TaoTao Technology Co. Ltd., Trailmaster Inc., DRR USA Inc.

North America was the largest region in the all-terrain vehicle (ATV) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the all-terrain vehicle (atv) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the all-terrain vehicle (atv) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The all-terrain vehicle (ATV) market consists of sales of sport ATVs, side-by-side ATVs, utility ATVs and youth ATVs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. All-Terrain Vehicle (ATV) Market Characteristics3. All-Terrain Vehicle (ATV) Market Trends And Strategies
4. All-Terrain Vehicle (ATV) Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global All-Terrain Vehicle (ATV) Market Size and Growth
5.1. Global All-Terrain Vehicle (ATV) Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global All-Terrain Vehicle (ATV) Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global All-Terrain Vehicle (ATV) Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. All-Terrain Vehicle (ATV) Market Segmentation
6.1. Global All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Utility ATV
Sports ATV
Recreational
Other Vehicles
6.2. Global All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Low
Mid
High
6.3. Global All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Sports
Entertainment
Agriculture
Military
Hunting
7. All-Terrain Vehicle (ATV) Market Regional And Country Analysis
7.1. Global All-Terrain Vehicle (ATV) Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global All-Terrain Vehicle (ATV) Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific All-Terrain Vehicle (ATV) Market
8.1. Asia-Pacific All-Terrain Vehicle (ATV) Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China All-Terrain Vehicle (ATV) Market
9.1. China All-Terrain Vehicle (ATV) Market Overview
9.2. China All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India All-Terrain Vehicle (ATV) Market
10.1. India All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan All-Terrain Vehicle (ATV) Market
11.1. Japan All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia All-Terrain Vehicle (ATV) Market
12.1. Australia All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia All-Terrain Vehicle (ATV) Market
13.1. Indonesia All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea All-Terrain Vehicle (ATV) Market
14.1. South Korea All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe All-Terrain Vehicle (ATV) Market
15.1. Western Europe All-Terrain Vehicle (ATV) Market Overview
15.2. Western Europe All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK All-Terrain Vehicle (ATV) Market
16.1. UK All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany All-Terrain Vehicle (ATV) Market
17.1. Germany All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France All-Terrain Vehicle (ATV) Market
18.5. France All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy All-Terrain Vehicle (ATV) Market
19.9. Italy All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain All-Terrain Vehicle (ATV) Market
20.13. Spain All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe All-Terrain Vehicle (ATV) Market
21.1. Eastern Europe All-Terrain Vehicle (ATV) Market Overview
21.2. Eastern Europe All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia All-Terrain Vehicle (ATV) Market
22.1. Russia All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America All-Terrain Vehicle (ATV) Market
23.1. North America All-Terrain Vehicle (ATV) Market Overview
23.2. North America All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA All-Terrain Vehicle (ATV) Market
24.1. USA All-Terrain Vehicle (ATV) Market Overview
24.2. USA All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada All-Terrain Vehicle (ATV) Market
25.1. Canada All-Terrain Vehicle (ATV) Market Overview
25.2. Canada All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America All-Terrain Vehicle (ATV) Market
26.1. South America All-Terrain Vehicle (ATV) Market Overview
26.2. South America All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil All-Terrain Vehicle (ATV) Market
27.1. Brazil All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East All-Terrain Vehicle (ATV) Market
28.1. Middle East All-Terrain Vehicle (ATV) Market Overview
28.2. Middle East All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa All-Terrain Vehicle (ATV) Market
29.1. Africa All-Terrain Vehicle (ATV) Market Overview
29.2. Africa All-Terrain Vehicle (ATV) Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa All-Terrain Vehicle (ATV) Market, Segmentation By Displacement, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa All-Terrain Vehicle (ATV) Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. All-Terrain Vehicle (ATV) Market Competitive Landscape And Company Profiles
30.1. All-Terrain Vehicle (ATV) Market Competitive Landscape
30.2. All-Terrain Vehicle (ATV) Market Company Profiles
30.2.1. Bombardier Recreational Products Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Suzuki Motors Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Kawasaki Motors Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. HiSun Motors Corp.
30.2. 4.1. Overview
30.2. 4.2. Products and Services
30.2. 4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Yamaha Motor Co. Ltd
30.2. 5.1. Overview
30.2. 5.2. Products and Services
30.2. 5.3. Strategy
30.2.5.4. Financial Performance
31. Global All-Terrain Vehicle (ATV) Market Competitive Benchmarking32. Global All-Terrain Vehicle (ATV) Market Competitive Dashboard33. Key Mergers And Acquisitions In The All-Terrain Vehicle (ATV) Market
34. All-Terrain Vehicle (ATV) Market Future Outlook and Potential Analysis
34.1 All-Terrain Vehicle (ATV) Market In 2028 - Countries Offering Most New Opportunities
34.2 All-Terrain Vehicle (ATV) Market In 2028 - Segments Offering Most New Opportunities
34.3. All-Terrain Vehicle (ATV) Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

All-Terrain Vehicle (ATV) Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on all-terrain vehicle (atv) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for all-terrain vehicle (atv)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

  • Markets Covered: 1) By Vehicle Type: Utility ATV; Sports ATV; Recreational; Other Vehicles 2) By Displacement: Low; Mid; High 3) By Application: Sports; Entertainment; Agriculture; Military; Hunting
  • Companies Mentioned: Bombardier Recreational Products Inc.; Suzuki Motors Corporation; Kawasaki Motors Corporation; HiSun Motors Corp.; Yamaha Motor Co. Ltd.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bombardier Recreational Products Inc.
  • Suzuki Motors Corporation
  • Kawasaki Motors Corporation
  • HiSun Motors Corp.
  • Yamaha Motor Co. Ltd.
  • AISIN SEIKI Co. Ltd.
  • Honda Motor Co. Ltd.
  • Polaris Industries Inc.
  • TEAM Industries Inc.
  • Arctic Cat Inc.
  • Deere & Company
  • KTM AG
  • Can-Am Off-Road
  • Textron Inc.
  • CFMOTO Powersports Inc.
  • Kwang Yang Motor Co. Ltd.
  • Linhai Industrial Share Co. Ltd.
  • TGB Group
  • Kandi Technologies Group
  • Kymco USA Inc.
  • Massimo Motor Sports
  • ODES Industries LLC
  • Suzuki Motorcycle Corporation
  • Apollo io
  • BMS Motorsports
  • Maxtrade LLC
  • Hammerhead Off-Road Inc.
  • Chongqing TaoTao Technology Co. Ltd.
  • Trailmaster Inc.
  • DRR USA Inc.

Methodology

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