Global all terrain vehicle market stood
at $ 4.2 billion in 2018 and is projected to reach $ 6.2 billion by 2024, on
the back of increasing use of all terrain vehicles (ATVs) in agriculture,
entertainment, forestry, defence and several other sectors. Moreover, ease of manoeuvrability
and usage of ATVs along with increasing off-roading sports activities is
further pushing demand for all terrain vehicles, globally. Additionally, other
factors like growing demand for electric ATVs, major technical developments in
ATVs and anticipated launch of several new models are likely to aid the growth
of the market in the coming years.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To
analyze and forecast global all terrain vehicle market size.
- To classify and forecast global all terrain
vehicle market based on product type, engine displacement, application type,
company type and region.
- To scrutinize detailed market
segmentation and forecast the market size on the basis of application by
segmenting the global market into five regions, namely Europe & CIS, North
America, Asia-Pacific, Middle East & Africa and South America.
- To identify drivers and challenges for
global all terrain vehicle market.
- To conduct
the pricing analysis for all terrain vehicles.
- To
identify and analyze the profile of leading players involved in the
manufacturing of all terrain vehicles.
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Some of the major players operating in global all terrain
vehicle market are Polaris Industries Inc., Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., BRP Inc., Arctic
Cat Inc., Suzuki
Motor Corporation, Kawasaki Heavy Industries, Ltd., Kwang Yang Motor Co, Ltd, and ZHEJIANG CFMOTO POWER CO.,LTD.
To perform the study, TechSci Research conducted primary as
well as exhaustive secondary research. Initially, TechSci Research prepared an
exhaustive list of all terrain manufacturers and dealers operating across the
globe. Subsequently, TechSci Research conducted primary research surveys, which
included primary calls, email responses, etc., with the identified companies.
While interviewing, the respondents were also asked about their major
competitors. Through this technique, TechSci Research could include
manufacturers which could not be identified due to the limitations of secondary
research. TechSci Research analyzed product offerings, distribution channels,
and regional presence of all major all terrain vehicle companies across the
globe.
TechSci Research calculated the global all terrain vehicle
market size using a bottom-up technique, wherein sales volume data of different
product type were recorded as well as forecast for the future years. TechSci
Research sourced these value & volume from industry experts and company
representatives, and externally validated through analysing historical sales
data of respective manufacturers to arrive at the overall market size. Various
secondary sources such as directories, company annual reports, white papers,
investor presentations, financial reports, Motorcycle Industry Council, All
Terrain Vehicle Industry European Association, Federal Chamber of Automotive
Industries, etc., were also studied by TechSci Research.
Key Target Audience:- All terrain vehicle manufacturers, suppliers, distributors
and end users
- Major end users of global all terrain vehicles
- Associations, organizations, forums and alliances related to all terrain
vehicle
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders such as all terrain
vehicle manufacturers, dealers, customers and policy makers. The report would allow the stakeholders
in identifying which market segments should be targeted over the coming years
in order to strategize investments and capitalize on the growth of the market
segment.
Report Scope:
In this report, global all terrain
vehicle market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, by Product Type:
- Sport Utility ATV
- Utility ATV
- Youth ATV
- Market, by Engine Displacement Type:
- Market, by Application Type:
- Sports
- Agriculture
- Entertainment
- Others
- Market, by
Region:
- North
America
- United States
- Canada
- Mexico
- Europe & CIS
- United Kingdom
- Russia
- France
- Germany
- Italy
- Portugal
- Rest of Region
- Asia-Pacific
- Australia
- China
- India
- Japan
- New Zealand
- Rest of Region
- South America
- Brazil
- Argentina
- Colombia
- Rest of Region
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Rest of Region
Competitive Landscape:
Company Profiles: Detailed analysis of the major
companies present in global all terrain vehicle market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
In case you don’t find what
you are looking for, please get in touch with our custom research team at sales@techsciresearch.com