ASIA PACIFIC ATV AND UTV MARKET FORECAST 2019-2027

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ASIA PACIFIC ATV AND UTV MARKET FORECAST 2019-2027

The fundamental structures of ATVs and UTVs have remained fairly constant through the years but contemporary technological progressions specifically in the basic equipment, for instance, the addition of the automatic transmissions and power steering systems, have brought forth a closure in the division between the off-road power sports vehicles and typical passenger vehicles. The market for ATV and UTV is predicted to contribute in the Asia Pacific from $XX million revenue in 2018 to $XX million revenue by the end of 2027, with a CAGR of 8.35% during the forecasting period of 2019-2027. The demand for ATVs and UTVs have increased in the Asia Pacific ATV and UTV market over the years because of the the flourishing tourism industry and the subsequent growth of its related activities.

ASIA PACIFIC ATV AND UTV MARKET FORECAST 2019-2027

Asia Pacific Atv and Utv Market by Vehicle Type (Atv, Utv) by Displacement (≤ 400 (Cc), 400-800 (Cc), ≥ 800 (Cc)) by Fuel Type (Gasoline-powered, Diesel Powered, Electric Powered, Solar Powered) by Application (by Utility, by Sports, by Others) by End-user (Agriculture, Military, Mountaineering, Others) by Geography.

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The fundamental structures of ATVs and UTVs have remained fairly constant through the years but contemporary technological progressions specifically in the basic equipment, for instance, the addition of the automatic transmissions and power steering systems, have brought forth a closure in the division between the off-road power sports vehicles and typical passenger vehicles. The market for ATV and UTV is predicted to contribute in the Asia Pacific from $XX million revenue in 2018 to $XX million revenue by the end of 2027, with a CAGR of 8.35% during the forecasting period of 2019-2027.

The demand for ATVs and UTVs have increased in the Asia Pacific ATV and UTV market over the years because of the the flourishing tourism industry and the subsequent growth of its related activities. Further, the surging sports activities and the inclination towards numerous adventure sports has escalated the demand for these vehicles, especially in developing nations. The countries like Japan, China, India, Australia, South Korea, along with the other countries, which forms the Rest of Asia Pacific region are the significant contributors in revenue to this regional market.

ATVs had been in use in the inaccessible and hilly areas of Japan for a long time, and they are used as farm-to-town or domestic vehicles. The various unique structures in the ATVs allow them to function in many environments with harsh conditions that do not permit the larger vehicles to operate as necessary. This end-use played a crucial factor for Japan to be one of the largest market in the region.

Bombardier Inc., Kawasaki Heavy Industries, Ltd., Deere & Company, Tomcar, Textron Inc., Polaris Industries Inc., Kioti, Honda Motor Co., Ltd., Arctic Cat, Inc., Kubota Corporation, Yamaha Motor Co., Ltd., Bobcat Co., Caterpillar Inc., Cub Cadet, and Suzuki Motor Corporation, are the foremost companies that are summarized extensively in the report.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • RISE IN ADVENTURE SPORTS DRIVES ATV AND UTV MARKET
      • GASOLINE-POWERED ENGINE SEGMENT TO BE DOMINANT
      • IN THE END-USER SEGMENT MOUNTAINEERING WILL LEAD IN TERMS OF REVENUE
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • INCREASING TREND OF ADVENTURE SPORTS AND OTHER ACTIVITIES
      • HIGH DEMAND OF ATV AND UTV IN MILITARY
      • GOVERNMENT RULES FOR RIDING ATV AND UTV ON ROADS
    • MARKET RESTRAINTS
      • BAN OF ATV AND UTV RIDING IN WILDLIFE
      • HIGH MAINTENANCE COST OF UTV AND ATV
    • MARKET OPPORTUNITIES
      • MANUFACTURING SAFER ATV AND UTV
    • MARKET CHALLENGES
      • SAFETY RULES RELATED TO ATV RIDING
      • LACK OF ASIA PACIFIC ACCEPTANCE AS LEGAL VEHICLE
      • ENVIRONMENTAL REGULATION ON ATV EMISSION
  1. MARKET BY VEHICLE TYPE
    • ATV
    • UTV
  2. MARKET BY DISPLACEMENT
    • ≤ 400 (CC)
    • 400-800 (CC)
    • ≥ 800 (CC)
  3. MARKET BY FUEL TYPE
    • GASOLINE POWERED
    • DIESEL POWERED
    • ELECTRIC POWERED
    • SOLAR POWERED
  4. MARKET BY APPLICATION
    • BY UTILITY
    • BY SPORTS
    • BY OTHERS
  5. MARKET BY END-USER
    • AGRICULTURE
    • MILITARY
    • MOUNTAINEERING
    • OTHERS
  6. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • GOVERNMENT REGULATIONS
      • PRICE
      • APPLICATION
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  7. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • BRP INC.
    • DEERE & COMPANY
    • HISUN MOTORS CORPORATION
    • HONDA MOTOR COMPANY LTD.
    • KAWASAKI HEAVY INDUSTRIES LTD.
    • KWANG YANG MOTOR CO. LTD.
    • POLARIS INDUSTRIES INC.
    • SUZUKI MOTORS CORPORATION
    • TEXTRON INC. (ARCTIC CAT)
    • YAMAHA MOTOR CO. LTD.

TABLE LIST

TABLE 1: ASIA PACIFIC ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: ASIA PACIFIC ATV AND UTV MARKET, BY VEHICLE TYPE, 2019-2027 (IN $ MILLION)

TABLE 3: ASIA PACIFIC ATV AND UTV MARKET, BY DISPLACEMENT, 2019-2027 (IN $ MILLION)

TABLE 4: ASIA PACIFIC ATV AND UTV MARKET, BY FUEL TYPE, 2019-2027 (IN $ MILLION)

TABLE 5: ASIA PACIFIC ATV AND UTV MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 6: ASIA PACIFIC ATV AND UTV MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

TABLE 7: OPPORTUNITY MATRIX

TABLE 8: VENDOR LANDSCAPE

TABLE 9: ASIA PACIFIC ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

FIGURE LIST 

FIGURE 1: ASIA PACIFIC ATV AND UTV MARKET, BY END-USER, 2018 & 2027 (IN %)

FIGURE 2: ASIA PACIFIC ATV AND UTV MARKET, BY SPORTS, 2019 & 2027 (IN MILLION)

FIGURE 3: ASIA PACIFIC ATV AND UTV MARKET, GASOLINE POWERED, 2019 & 2027 (IN MILLION)

FIGURE 4: ASIA PACIFIC ATV AND UTV MARKET, BY MOUNTAINEERING, 2019 & 2027 (IN MILLION)

FIGURE 5: ASIA PACIFIC ATV AND UTV MARKET, BY ATV, 2019-2027 (IN $ MILLION)

FIGURE 6: ASIA PACIFIC ATV AND UTV MARKET, BY UTV, 2019-2027 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC ATV AND UTV MARKET, BY ≤ 400 (CC), 2019-2027 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC ATV AND UTV MARKET, BY 400-800(CC) , 2019-2027 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC ATV AND UTV MARKET, BY ≥ 800 (CC), 2019-2027 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC ATV AND UTV, BY GASOLINE POWERED, 2019-2027 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC ATV AND UTV MARKET, BY DIESEL POWERED, 2019-2027 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC ATV AND UTV MARKET, BY ELECTRIC POWERED, 2019-2027 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC ATV AND UTV MARKET, BY SOLAR POWERED, 2019-2027 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC ATV AND UTV MARKET, BY UTILITY, 2019-2027 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC ATV AND UTV MARKET, BY SPORTS, 2019-2027 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC ATV AND UTV MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC ATV AND UTV MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC ATV AND UTV MARKET, BY MILITARY, 2019-2027 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC ATV AND UTV MARKET, BY MOUNTAINEERING, 2019-2027 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC ATV AND UTV MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 21: PORTER’S FIVE FORCE ANALYSIS

FIGURE 22: KEY BUYING IMPACT ANALYSIS

FIGURE 23: ASIA PACIFIC ATV AND UTV MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 24: CHINA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: JAPAN ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: INDIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: AUSTRALIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: SOUTH KOREA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: REST OF ASIA PACIFIC ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • CHINA
    • JAPAN
    • INDIA
    • AUSTRALIA
    • SOUTH KOREA
    • REST OF ASIA PACIFIC
  2. MARKET BY VEHICLE TYPE
    • ATV
    • UTV
  3. MARKET BY DISPLACEMENT
    • ≤ 400 (CC)
    • 400-800 (CC)
    • ≥ 800 (CC)
  4. MARKET BY FUEL TYPE
    • GASOLINE POWERED
    • DIESEL POWERED
    • ELECTRIC POWERED
    • SOLAR POWERED
  5. MARKET BY APPLICATION
    • BY UTILITY
    • BY SPORTS
    • BY OTHERS
  6. MARKET BY END-USER
    • AGRICULTURE
    • MILITARY
    • MOUNTAINEERING
    • OTHERS

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