NORTH AMERICA ATV AND UTV MARKET FORECAST 2019-2027

  • You are here:
  • Home
  • Reports
  • NORTH AMERICA ATV AND UTV MARKET FORECAST 2019-2027

NORTH AMERICA ATV AND UTV MARKET FORECAST 2019-2027

The all-terrain vehicle and the utility terrain vehicle have gained immense reputation in the market mainly due to the fact that they permit admittance to many of the world’s most exclusively remote areas with a convenient solution for transporting the supplies. They have been significantly integrated into the military, marine, and the ground support unit. The ATV and UTV market by North America is predicted to accelerate at a mounting growth rate of 5.37% CAGR during the projecting years of 2019-2027. The applications of these vehicles in the market is largely driven by the implementation of ATVs for military purposes. The Special Operations Forces in the United States utilizes ATVs for the purpose of rapid response and low-profile missions. Further, the surging demand for ATV and UTV owes to the rising tourism activities.

NORTH AMERICA ATV AND UTV MARKET FORECAST 2019-2027

North America 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.

Request free sample

The all-terrain vehicle and the utility terrain vehicle have gained immense reputation in the market mainly due to the fact that they permit admittance to many of the world’s most exclusively remote areas with a convenient solution for transporting the supplies. They have been significantly integrated into the military, marine, and the ground support unit.

The ATV and UTV market by North America is predicted to accelerate at a mounting growth rate of 5.37% CAGR during the projecting years of 2019-2027. The applications of these vehicles in the market is largely driven by the implementation of ATVs for military purposes. The Special Operations Forces in the United States utilizes ATVs for the purpose of rapid response and low-profile missions. Further, the surging demand for ATV and UTV owes to the rising tourism activities.

United America and Canada are the nations that contributes to this regional market. The rising implementation of the vehicles by the agricultural lands, forestry, and mountains have positively impacted the market growth. The increasing rate of off-road and many athleisure activities have influenced industry expansion in the last few years. There are a productive number of snowmobile associations and clubs in North America that undertake the responsibility for hosting annual sports events, which have raised the sale of quad bikes. This particular scenario has been significant for the market growth during the forecast timeframe.

Honda Motor Company Ltd., BRP Inc., Deere & Company, Yamaha Motor Co. Ltd., Hisun Motors Corporation, Kawasaki Heavy Industries Ltd., Suzuki Motors Corporation, Textron Inc. (Artic Cat), Polaris Industries Inc., and Kwang Yang Motor Co. Ltd. are few of the giant players described in the report.

 

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

  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 NORTH AMERICA 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
    • UNITED STATES
    • CANADA
  8. 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. (ARTIC CAT)
    • YAMAHA MOTOR CO. LTD.

 

 

TABLE LIST

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

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

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

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

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

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

TABLE 7: OPPORTUNITY MATRIX

TABLE 8: VENDOR LANDSCAPE

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

 

FIGURE LIST

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 20: NORTH AMERICA 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: NORTH AMERICA ATV AND UTV MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

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

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

  1. GEOGRAPHICAL ANALYSIS
    • UNITED STATES
    • CANADA
  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

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now