EUROPE ATV AND UTV MARKET FORECAST 2019-2027

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EUROPE ATV AND UTV MARKET FORECAST 2019-2027

The Europe ATV and UTV market is estimated to grow from $XX million in 2018 to $XX million by 2027, at a CAGR of 7.40% during the forecasting years of 2019-2027. The all-terrain vehicles and the utility terrain vehicles are very popular among its customer base mainly because of it special maneuverability characteristics. Their off the road proficiencies and their implementation by the military, survey operations, forestry, agriculture, sports, etc. attracts major end-users for its heavy uptake.

EUROPE ATV AND UTV MARKET FORECAST 2019-2027

Europe 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 vehicles and the utility terrain vehicles are very popular among its customer base mainly because of it special maneuverability characteristics. Their off the road proficiencies and their implementation by the military, survey operations, forestry, agriculture, sports, etc. attracts major end-users for its heavy uptake. They can be controlled quite differently from the traditional vehicles and they need specific set of training. They find significant application in the off-road settings, but certain countries in Europe allows these vehicles on the public roads.

The Europe ATV and UTV market is estimated to grow from $XX million in 2018 to $XX million by 2027, at a CAGR of 7.40% during the forecasting years of 2019-2027.

Their strong features and high powered engines make them one of the best option for recreational purposes and outdoor sport events. It functions most appropriately in the wild terrain, which can hamper their base structure through heavy wear and tear. The equipment and spare part of the ATVs and UTVs are exceptionally costly, although the vehicles are of moderate price value. It is one of the major factors that impacts the vehicle services and usage.

There are many events that are based on Europe that specifically promote the ATVs and UTVs. One of the most popular ones is the SSV European Trophy which is the only side-by-side rally cross championship in the region currently, and it has a huge audience and fan section across the Europe, who are very passionate about motorsport.

The United Kingdom arena is expected to host the fastest growing market in the upcoming years for ATV and UTV. These vehicles are termed as Quad bikes in the country which are in dire requirement for being sanctioned, enumerated, and taxed for their usage on the public roadways. For registration purposes, they must have the front and rear number plates.

The German market had been the most dominant market in 2018 in the region. This can be factored to the Germany’s central and southern regions being the quality stage for the market to have exceptional penetration due to the presence of the forested hills and mountains. The agriculture and landscaping activities that take place in these areas have boosted the market growth due to heavy implementation and import of these vehicles. The nature parks have several recreation vehicle in the form of ATVs and UTVs that are also used for domestic and other chores involved in horticulture, hauling, winching, herding, timber cutting, etc.

Caterpillar Inc., Yamaha Motor Co., Ltd., Honda Motor Co., Ltd., Polaris Industries Inc., Cub Cadet, Bombardier Inc., Arctic Cat, Inc., Tomcar, Kawasaki Heavy Industries, Ltd., Bobcat Co., Suzuki Motor Corporation, Kioti, Textron Inc., Kubota Corporation, and Deere & Company are the major companies that are profiled 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
      • GROWTH IN SPORTS ENTHUSIASM
      • DEPLOYMENT OF ATV AND UTV IN MILITARY SERVICES
      • WIDENING IMPLEMENTATONS 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.
      • BUILDING 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
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
  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.       EUROPE ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2.       EUROPE ATV AND UTV MARKET, BY VEHICLE TYPE, 2019-2027, (IN $ MILLION)

TABLE 3.       EUROPE ATV AND UTV MARKET, BY DISPLACEMENT, 2019-2027, (IN $ MILLION)

TABLE 4.       EUROPE ATV AND UTV MARKET, BY FUELING TYPE, 2019-2027, (IN $ MILLION)

TABLE 5.       EUROPE ATV AND UTV MARKET, BY APPLICATION 2019-2027, (IN $ MILLION)

TABLE 6.       EUROPE 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.     EUROPE ATV AND UTV MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 11.     EUROPE ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

FIGURE LIST          

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 18.  EUROPE 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.  EUROPE ATV AND UTV MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

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

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

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

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

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

FIGURE 28.  RUSSIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29.  REST OF EUROPE ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
  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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