ASIA PACIFIC ATV AND UTV MARKET FORECAST 2019-2027

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ASIA PACIFIC ATV AND UTV MARKET FORECAST 2019-2027

The Global ATV and UTV market is estimated to grow in Asia Pacific from $XX million in 2018 to $XX million by 2027, at a CAGR of 8.35% during the forecasting periods from 2019 to 2027. The all-terrain vehicle (ATV) are tailored with tires featured with four low-pressure points and handle bars. They are adopted prominently for their maneuverability skills and capabilities differing from the on-road requirements and are typically employed in the sectors of agriculture, survey expeditions, military, sports, forestry, and others activities.

ASIA PACIFIC FORKLIFT TRUCK MARKET FORECAST 2019-2027

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

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The all-terrain vehicle (ATV) are tailored with tires featured with four low-pressure points and handle bars. They are adopted prominently for their maneuverability skills and capabilities differing from the on-road requirements and are typically employed in the sectors of agriculture, survey expeditions, military, sports, forestry, and others activities. The UTV or utility terrain vehicle is the type of vehicle that carry out tasks more efficiently than the general purpose vehicle.

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 Global ATV and UTV market is estimated to grow in Asia Pacific from $XX million in 2018 to $XX million by 2027, at a CAGR of 8.35% during the forecasting periods from 2019 to 2027.

The demand for ATVs and UTVs have augmented in the APAC regional market over the years owing to the swelling tourism and the subsequent growth of its related activities. Also, the increasing rate of sports activities and the adoption of various adventure sports has amplified the demand for these vehicles especially in the developing nations. The nation like China, India, Japan, South Korea, Australia and the remaining countries banding together to form the Rest of Asia Pacific regional segment are the chief revenue contributors in the region.

ATVs had been in use in the inaccessible and hilly areas of Japan since 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 does 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.

The Australian market for ATV and UTV is escalating at a significant pace in the last few years. Australia’s motorcycle and ATV/SSV market decked to XX per cent in 2017 however, the total industry sales remained beyond XX thousands for the full almanac year. National sales data as published by the Federal Chamber of Automotive Industries indicates that in 2017, the result were at XX, as compared to that of XX in 2016. The market remained moderately stable by its composition and the road bikes business segment turned very popular by encompassing XX percent of the market.

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
      • INCLINATION TOWARD POWER SPORTS VEHICLES
      • INCREASING GOVERNMENTAL SUPPORT AIDING THE MARKET
      • VEHICULAR UPGRADATION IS ONE OF THE KEY TRENDS IN THE MARKET
  1. MARKET DYNAMICS
    • ETYMOLOGY OF ATV AND UTV
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • RISING SPORTS ENTHUSIASM
      • DEPLOYMENT OF ATV AND UTV IN MILITARY SERVICES
      • RISING IMPLEMENTATIONS IN AGRICULTURE AND FARMING INDUSTRIES
    • MARKET RESTRAINTS
      • SAFETY CONCERNS REGARDING THE USE OF VEHICLES
      • HIGH COST OF MAINTENANCE OF ATV AND UTV
    • MARKET OPPORTUNITIES
      • MODIFICATION AND DIVERSIFICATION OF VEHICLE
      • PREFERENCE OF SAFER VEHICLES
    • MARKET CHALLENGES
      • USE OF ATV AND UTV IS PROHIBITED IN WILDLIFE SURROUNDING AREAS
  1. MARKET BY VEHICLE TYPE
    • ATV (ALL-TERRAIN VEHICLE)
    • UTV (UTILITY TASK VEHICLE)
  2. MARKET BY DISPLACEMENT
    • ≤ 400 (CC)
    • 400-800 (CC)
    • ≥ 800 (CC)
  3. MARKET BY FUELING TYPE
    • GASOLINE POWERED
    • DIESEL POWERED
    • ELECTRIC POWERED
    • SOLAR POWERED
  4. MARKET BY APPLICATION
    • UTILITY
    • SPORTS
    • 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
      • MANEUVERABILITY
      • COST OF VEHICLE
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • LEGAL, POLICY & REGULATORY FRAMEWORK
  7. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • HONDA MOTOR CO., LTD.
    • BOBCAT CO.
    • BOMBARDIER INC.
    • ARCTIC CAT, INC.
    • CATERPILLAR INC.
    • TEXTRON INC.
    • POLARIS INDUSTRIES INC.
    • KUBOTA CORPORATION
    • KAWASAKI HEAVY INDUSTRIES, LTD.
    • SUZUKI MOTOR CORPORATION
    • DEERE & COMPANY
    • CUB CADET
    • YAMAHA MOTOR CO., LTD.
    • KIOTI
    • TOMCAR

TABLE LIST

TABLE 1.       ASIA PACIFIC ATV AND UTV MARKET, BY GEOGRAPHY, 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 FUELING 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.       LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 10.    ASIA PACIFIC ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

 

FIGURE LIST 

FIGURE 1.     ASIA PACIFIC ATV AND UTV MARKET, BY TYPE, 2018 & 2027 (IN %)

FIGURE 2.     INCREASE IN USAGE OF ATV AND UTV YEAR WISE

FIGURE 3.     ASIA PACIFIC ATV AND UTV MARKET, BY ATV, 2019-2027 (IN $ MILLION)

FIGURE 4.     ASIA PACIFIC ATV AND UTV MARKET, BY UTV, 2019-2027 (IN $ MILLION)

FIGURE 5.     ASIA PACIFIC ATV AND UTV MARKET, BY ≤ 400 (CC), 2019-2027 (IN $ MILLION)

FIGURE 6.     ASIA PACIFIC ATV AND UTV MARKET, BY 400-800 (CC), 2019-2027 (IN $ MILLION)

FIGURE 7.     ASIA PACIFIC ATV AND UTV MARKET, BY ≥ 800 (CC), 2019-2027 (IN $ MILLION)

FIGURE 8.     ASIA PACIFIC ATV AND UTV MARKET, BY GASOLINE POWERED, 2019-2027 (IN $ MILLION)

FIGURE 9.     ASIA PACIFIC ATV AND UTV MARKET, BY DIESEL POWERED, 2019-2027 (IN $ MILLION)

FIGURE 10.  ASIA PACIFIC ATV AND UTV MARKET, BY ELECTRIC POWERED, 2019-2027 (IN $ MILLION)

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

FIGURE 12.  ASIA PACIFIC ATV AND UTV MARKET, BY UTILITY, 2019-2027 (IN $ MILLION)

FIGURE 13.  ASIA PACIFIC ATV AND UTV MARKET, BY SPORTS, 2019-2027 (IN $ MILLION)

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

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

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

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

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

FIGURE 19.  PORTER’S FIVE FORCE ANALYSIS

FIGURE 20.  KEY BUYING IMPACT ANALYSIS

FIGURE 21.  VALUE CHAIN ANALYSIS

FIGURE 22.  ASIA PACIFIC ATV AND UTV MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 23.  CHINA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24.  JAPAN ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25.  INDIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26.  SOUTH KOREA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

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

FIGURE 28.  REST OF ASIA PACIFIC ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

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

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