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 ATV and UTV market by North America is expected to escalate at a staggering growth rate of 5.37% CAGR during the forecasting period of 2019-2027. The military grade implementation of ATVs by the U.S. Special Operations Forces specifically for the quick response and low profile missions has driven the application of the vehicles in the North America market.

NORTH AMERICA ATV AND UTV MARKET FORECAST 2019-2027

North America 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.

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 expected to escalate at a staggering growth rate of 5.37% CAGR during the forecasting period of 2019-2027. The military grade implementation of ATVs by the U.S. Special Operations Forces specifically for the quick response and low profile missions has driven the application of the vehicles in the North America market.

The rising passion and fervor for power sports, in particular since the deployment of the ATVs and UTVs have proliferated the size of the consumer base that includes mainly the younger generation as wells as the elite enthusiasts. The higher rate of various tourism activities has also raised the demand for ATV and UTV.

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.

United America and Canada are the major countries that have been making many contributions to the regional markets. The ATVs are known to be similar in structure to that of motorcycles. Majority of the ATVs are manufactured in the United States by the Japan-based firms, except the Polaris and John Deere Company. As mentioned above, they are mostly employed for off-road commitments, farming and other commercial applications.

Suzuki Motor Corporation, Bobcat Co., Kioti, Bombardier Inc., Honda Motor Co., Ltd., Kubota Corporation, Deere & Company, Tomcar, Polaris Industries Inc., Arctic Cat, Inc., Yamaha Motor Co., Ltd., Textron Inc., Caterpillar Inc., Cub Cadet, and Kawasaki Heavy Industries, Ltd. are the major companies 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
      • 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
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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.       NORTH AMERICA ATV AND UTV MARKET, BY COUNTRIES, 2019-2027 (IN $ MILLION)

TABLE 2.       ESTIMATED DEATHS IN UNITED STATES BY STATE WISE BY UNITED STATE CONSUMER PRODUCT SAFETY COMMISSION

TABLE 3.       NORTH AMERICA ATV AND UTV MARKET, BY VEHICLE TYPE, 2019-2027, (IN $ MILLION)

TABLE 4.       NORTH AMERICA ATV AND UTV MARKET, BY DISPLACEMENT, 2019-2027, (IN $ MILLION)

TABLE 5.       NORTH AMERICA ATV AND UTV MARKET, BY FUELING TYPE, 2019-2027, (IN $ MILLION)

TABLE 6.       NORTH AMERICA ATV AND UTV MARKET, BY APPLICATION 2019-2027, (IN $ MILLION)

TABLE 7.       MILLION)

TABLE 8.       NORTH AMERICA ATV AND UTV MARKET, BY END USER 2019-2027, (IN $ MILLION)

TABLE 9.       OPPORTUNITY MATRIX

TABLE 10.     VENDOR LANDSCAPE

TABLE 11.     LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 12.     NORTH AMERICA ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

 

FIGURE LIST

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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

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