Global Utility Task Vehicles (UTV) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026

  • ID: 4620284
  • Report
  • Region: Global
  • Acute Market Reports
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Utility Task Vehicles (UTV) Market (by Vehicle Type: Sports UTVs, Load Carrier UTVs and Multipurpose UTVs; By Fuel Type: Conventional Fuel UTVs and Electric UTVs) - Growth, Future Prospects, and Competitive Landscape, 2018-2026, the utility task vehicles market was valued US$ 4.12 Bn in 2017 and estimated to grow with a CAGR of 6.7% during the forecast period from 2018 to 2026.

Market Insights
Utility task vehicles or utility terrain vehicle (UTV) market experienced a momentous growth in both sports and utility sector in past few years and especially in 2016 and 2017. This grabbed the attention of several leading off-road vehicle manufacturers to step into this segment. The step expected to reciprocate with introduction of new breed of UTVs in coming years. UTVs are agiler than traditional sports utility vehicles (SUV) and are packed with capability of carrying more payload than all-terrain vehicle (ATV). UTVs are finding their applications across several end-use verticals besides off-road adventure and recreational activities. Incorporation of UTVs for defense, rescue, surveillance, farming and mining among others is stimulating the sales of UTVs across the globe.
North America and especially the U.S. holds the major share in the overall UTV market. Since the introduction of UTVs in 1970, a substantial uptick in popularity of off-road recreational vehicles allowed the region to dominate over the UTV market. Organization of off-road activities such as rallies and races encouraged both millennial and generation Z to form communities and participate in such events. Perpetually increasing use of off-road UTVs for farming and recreational activates in Asia Pacific countries and predominantly in China, Australia and New-Zealand projected to promote the region’s market value with the fastest growth rate throughout the forecast period 2018 to 2026. However, a number of accidental deaths and injuries caused by rough and unsafe driving of these vehicles influence the consumers’ discretion and poses a challenge for the market to grow.

Competitive Insights:
The UTV market is dominated by some of the biggest automotive and utility vehicle manufacturing companies. Major automotive manufacturers identified the market potential and hence are facing fierce competition among each other to claim their market share. Companies are also eyeing to grab defense and military contracts to provide UTV for surveillance and rescue operations. Some of the major UTV manufacturers includes Polaris Industries, Kawasaki Heavy Industries Motorcycle & Engine Company, Suzuki Motor Corporation, Yamaha Motor Company, Limited, Honda Motor Co., Ltd., Deere & Company, Husqvarna AB, Kubota Corporation, Case IH, Bobcat Company, Mahindra & Mahindra Limited, and Caterpillar Inc. among others.

Key Analysis Covered:
  • Latest trends in utility task vehicles (UTV) market and growth opportunities for UTV manufacturers
  • Impact of introduction of electric UTVs on the overall UTV market
  • Different range of products offered by leading manufacturers for different end-use applications
  • Leading and fastest growing segments in terms of vehicle type and fuel type
  • Key geographical regions/ countries for the utility task vehicles (UTV) market
  • Growing popularity of off-road adventure races and rallies and their effect on market value for utility task vehicles (UTV) market
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Bobcat Company
  • Case IH
  • Caterpillar Inc.
  • Deere & Company
  • Honda Motor Co., Ltd.
  • Husqvarna AB
  • MORE
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Utility Task Vehicles (UTV) Market, 2017
2.2 Global Utility Task Vehicles (UTV) Market, by Vehicle Type, 2017
2.3 Global Utility Task Vehicles (UTV) Market, by Fuel Type, 2017
2.4 Global Utility Task Vehicles (UTV) Market, by Geography, 2017

Chapter 3 Market Dynamics
3.1 Product and Market Insights
3.1.1 Global Utility Task Vehicles (UTV) Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
3.2 Market Dynamics
3.2.1 Market drivers:
3.2.1.1 Growing Popularity of Off-road Adventure Sports
3.2.1.1 Incorporation of UTV in Military Tasks and Applications
3.2.1.2 Introduction of Electric UTV
3.2.2 Market Growth Challenges
3.2.2.1 Confined and Limited Market
3.3 See-Saw Analysis
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Attractive Investment Proposition, 2017
3.5 Competitive Analysis
3.5.1 Market Positioning of Key Vendors, 2017

Chapter 4 Global Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type
4.1 Market Analysis
4.2 Sports UTV
4.2.1 Global Sports Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
4.3 Load Carrier UTV
4.3.1 Global Load Carrier UTVs , Market Value, 2016 – 2026, (US$ Bn)
4.4 Multi-purpose UTV
4.4.1 Global Shelving-supported Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)

Chapter 5 Global Utility Task Vehicles (UTV) Market, by Fuel Type
5.1 Market Analysis
5.2 Conventional Fuel UTVs
5.2.1 Global Conventional Fuel UTVs Market Value, 2016 – 2026, (US$ Bn)
5.3 Electric UTVs
5.3.1 Global Electric UTVs Market Value, 2016 – 2026, (US$ Bn)

Chapter 6 North America Utility Task Vehicles (UTV) Market Analysis
6.1 Overview
6.1.1 North America Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
6.2 North America Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
6.2.1 SRC Analysis
6.3 North America Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
6.3.1 SRC Analysis
6.4 North America Utility Task Vehicles (UTV) Market Analysis, by Region/Country, 2016 – 2026 (US$ Bn)
6.4.1 U.S.
6.4.1.1 U.S. Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
6.4.1.2 U.S. Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
6.4.2 Rest of North America
6.4.2.1 Rest of North America Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
6.4.2.2 Rest of North America Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)

Chapter 7 Europe Utility Task Vehicles (UTV) Market Analysis
7.1 Overview
7.1.1 Europe Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
7.2 Europe Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
7.2.1 SRC Analysis
7.3 Europe Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
7.3.1 SRC Analysis
7.4 Europe Utility Task Vehicles (UTV) Market Analysis, by Region/Country, 2016 – 2026 (US$ Bn)
7.4.1 U.K.
7.4.1.1 U.K. Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
7.4.1.2 U.K. Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
7.4.2 Germany
7.4.2.1 Germany Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
7.4.2.2 Germany Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
7.4.3 France
7.4.3.1 France Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
7.4.3.2 France Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
7.4.4 Rest of Europe
7.4.4.1 Rest of Europe Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
7.4.4.2 Rest of Europe Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)

Chapter 8 Asia Pacific Utility Task Vehicles (UTV) Market Analysis
8.1 Overview
8.1.1 Asia Pacific Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
8.2 Asia Pacific Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
8.2.1 SRC Analysis
8.3 Asia Pacific Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
8.3.1 SRC Analysis
8.4 Asia Pacific Utility Task Vehicles (UTV) Market Analysis, by Region/Country, 2016 – 2026 (US$ Bn)
8.4.1 China
8.4.1.1 China Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
8.4.1.2 China Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
8.4.2 Japan
8.4.2.1 Japan Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
8.4.2.2 Japan Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
8.4.3 India
8.4.3.1 India Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
8.4.3.2 India Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
8.4.4 Rest of Asia Pacific
8.4.4.1 Rest of Asia Pacific Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
8.4.4.2 Rest of Asia Pacific Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)

Chapter 9 Rest of the World Utility Task Vehicles (UTV) Market Analysis
9.1 Overview
9.1.1 Rest of the World Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
9.2 Rest of the World Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
9.2.1 SRC Analysis
9.3 Rest of the World Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
9.3.1 SRC Analysis
9.4 Rest of the World Utility Task Vehicles (UTV) Market Analysis, by Region/Country, 2016 – 2026 (US$ Bn)
9.4.1 Middle East & Africa
9.4.1.1 Middle East & Africa Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
9.4.1.2 Middle East & Africa Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)
9.4.2 Latin America
9.4.2.1 Latin America Utility Task Vehicles (UTV) Market Analysis, by Vehicle Type, 2016 – 2026 (US$ Bn)
9.4.2.2 Latin America Utility Task Vehicles (UTV) Market Analysis, by Fuel Type, 2016 – 2026 (US$ Bn)

Chapter 10 Company Profiles
10.1 Polaris Industries
10.1.1 Polaris Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.2 Kawasaki Heavy Industries Motorcycle & Engine Company
10.2.1 Kawasaki Heavy Industries Motorcycle & Engine Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.3 Suzuki Motor Corporation
10.3.1 Suzuki Motor Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.4 Yamaha Motor Company, Limited
10.4.1 Yamaha Motor Company, Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.5 Honda Motor Co., Ltd.
10.5.1 Honda Motor Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.6 Deere & Company
10.6.1 Deere & Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.7 Husqvarna AB
10.7.1 Husqvarna AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.8 Kubota Corporation
10.8.1 Kubota Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.9 Case IH
10.9.1 Case IH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.10 Bobcat Company
10.10.1 Bobcat Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.11 Mahindra & Mahindra Limited
10.11.1 Mahindra & Mahindra Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
10.12 Caterpillar Inc.
10.12.1 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)

List of Figures:
Figure. 1 Global Utility Task Vehicles (UTV) Market Segmentation
Figure. 2 Global Utility Task Vehicles (UTV) Market: Research Methodology
Figure. 3 Top-Down and Bottom Up Approach
Figure. 4 Global Utility Task Vehicles (UTV) Market, by Vehicle Type, 2017 (US$ Bn)
Figure. 5 Global Utility Task Vehicles (UTV) Market, by Fuel Type, 2017 (US$ Bn)
Figure. 6 Global Utility Task Vehicles (UTV) Market, by Geography, 2017 (US$ Bn)
Figure. 7 Global Utility Task Vehicles (UTV) Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
Figure. 8 See-Saw Analysis: Global Utility Task Vehicles (UTV) Market
Figure. 9 Attractive Investment Proposition, 2017
Figure. 10 Market Positioning of Key Utility Task Vehicles (UTV) Vendors, 2017
Figure. 11 Global Utility Task Vehicles (UTV) Market Value Share, by Vehicle Type, 2017 & 2026 (%)
Figure. 12 Global Sports Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
Figure. 13 Global Load Carrier UTVs , Market Value, 2016 – 2026, (US$ Bn)
Figure. 14 Global Shelving-supported Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
Figure. 15 Global Utility Task Vehicles (UTV) Market Value Contribution, by Fuel Type
Figure. 16 Global Conventional Fuel UTVs Market Value, 2016 – 2026, (US$ Bn)
Figure. 17 Global Electric UTVs Market Value, 2016 – 2026, (US$ Bn)
Figure. 18 North America Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
Figure. 19 Europe Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
Figure. 20 Asia Pacific Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)
Figure. 21 Rest of the World Utility Task Vehicles (UTV) Market Value, 2016 – 2026, (US$ Bn)

List of Tables:
Table 1 Market Snapshot: Global Utility Task Vehicles (UTV) Market
Table 2 Impact Indicators
Table 3 Impact Analysis of Drivers and Restraints
Table 4 North America Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 5 North America Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 6 North America Utility Task Vehicles (UTV) Market Value, by Region/Country, 2016 – 2026 (US$ Bn)
Table 7 U.S. Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 8 U.S. Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 9 Rest of North America Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 10 Rest of North America Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 11 Europe Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 12 Europe Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 13 Europe Utility Task Vehicles (UTV) Market Value, by Region/Country, 2016 – 2026 (US$ Bn)
Table 14 U.K. Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 15 U.K. Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 16 Germany Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 17 Germany Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 18 France Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 19 France Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 20 Rest of Europe Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 21 Rest of Europe Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 22 Asia Pacific Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 23 Asia Pacific Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 24 Asia Pacific Utility Task Vehicles (UTV) Market Value, by Region/Country, 2016 – 2026 (US$ Bn)
Table 25 China Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 26 China Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 27 Japan Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 28 Japan Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 29 India Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 30 India Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 31 Rest of Asia Pacific Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 32 Rest of Asia Pacific Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 33 Rest of the World Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 34 Rest of the World Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 35 Rest of the World Utility Task Vehicles (UTV) Market Value, by Region/Country, 2016 – 2026 (US$ Bn)
Table 36 Middle East & Africa Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 37 Middle East & Africa Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 38 Latin America Utility Task Vehicles (UTV) Market Value, by Vehicle Type, 2016 – 2026 (US$ Bn)
Table 39 Latin America Utility Task Vehicles (UTV) Market Value, by Fuel Type, 2016 – 2026 (US$ Bn)
Table 40 Polaris Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key End-uses Served, Recent Developments)
Table 41 Kawasaki Heavy Industries Motorcycle & Engine Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 42 Suzuki Motor Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 43 Yamaha Motor Company, Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 44 Honda Motor Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 45 Deere & Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 46 Husqvarna AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 47 Kubota Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 48 Case IH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 49 Bobcat Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 50 Mahindra & Mahindra Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Table 51 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Industries Served, Recent Developments)
Note: Product cover images may vary from those shown
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  • Polaris Industries
  • Kawasaki Heavy Industries Motorcycle & Engine Company
  • Suzuki Motor Corporation
  • Yamaha Motor Company, Limited
  • Honda Motor Co., Ltd.
  • Deere & Company
  • Husqvarna AB
  • Kubota Corporation
  • Case IH
  • Bobcat Company
  • Mahindra & Mahindra Limited
  • Caterpillar Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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