North America All Terrain Vehicle Market Size, Share & Forecast 2023

Summary

Report Description

North America all terrain vehicle market is forecast to grow from $ 3.14 billion in 2017 to $ 4.57 billion by 2023, exhibiting a CAGR of 6.70% during 2018-2023, on account of increasing demand for ATVs for recreational and off-road activities. Backed by growing number of sports events and tournaments involving ATVs, and technological developments and deployment of advanced technical and infotainment systems in ATVs, all terrain vehicle market in North America is anticipated to register healthy growth during the forecast period. Moreover, expected launch of new models and entry of new brands in coming years will continue to aid the North America all terrain vehicle market.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

To analyze and forecast the market size of all terrain vehicle in North America.
To classify and forecast North America all terrain vehicle market based on product type, application and region.
To identify drivers and challenges for North America all terrain vehicle market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in North America all terrain vehicle market.

To conduct the pricing analysis for all terrain vehicles in North America.

To identify and analyze the profile of leading players operating in North America all terrain vehicle market.

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Some of the major players operating in North America all terrain vehicle market are Polaris Industries Inc., Honda Motor Co., Ltd., Kwang Yang Motor Co, Ltd, Yamaha Motor Co., Ltd., BRP Inc., Arctic Cat Inc., Suzuki Motor Corporation, Kawasaki Heavy Industries, Ltd., ZHEJIANG CFMOTO POWER CO.,LTD, etc.

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 in North America. Subsequently, TechSci Research conducted primary research surveys, which include 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 region.

TechSci Research calculated the market size for all terrain vehicle in North America 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 analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as directories, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

All terrain vehicle manufacturers, distributors and other stakeholders

Organizations, forums and alliances related to ATVs
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, North America 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:

Sports ATV
Utility ATV
Youth ATV

Market, by Application Type:

Sports
Agriculture
Entertainment
Others

Market, by Country:

United States
Canada
Mexico

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in all terrain vehicle market in North America.

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 [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. North America All Terrain Vehicle Market Outlook

4.1. Market Size & Forecast

4.1.1.By Value & Volume

4.2. Market Share & Forecast

4.2.1.By Product Type (Utility ATV, Sports ATV & Youth ATV)

4.2.2.Application Type (Entertainment, Sports, Agriculture & Others)

4.2.3.By Country

4.3. Market Attractiveness Index (By Product Type)

4.4. Market Attractiveness Index (By Application Type)

4.5. Market Attractiveness Index (By Country)

4.6. United States All Terrain Vehicle Market Outlook

4.6.1.Market Size & Forecast

4.6.1.1. By Value & Volume

4.6.2.Market Share & Forecast

4.6.2.1. By Product Type (Utility ATV, Sports ATV & Youth ATV)

4.6.2.2. By Application Type (Entertainment, Sports, Agriculture & Others)

4.6.3.Market Attractiveness Index (By Product Type)

4.7. Canada All Terrain Vehicle Market Outlook

4.7.1.Market Size & Forecast

4.7.1.1. By Value & Volume

4.7.2.Market Share & Forecast

4.7.2.1. By Product Type (Utility ATV, Sports ATV & Youth ATV)

4.7.2.2. By Application Type (Entertainment, Sports, Agriculture & Others)

4.7.3.Market Attractiveness Index (By Product Type)

4.8. Mexico All Terrain Vehicle Market Outlook

4.8.1.Market Size & Forecast

4.8.1.1. By Value & Volume

4.8.2.Market Share & Forecast

4.8.2.1. By Product Type (Utility ATV, Sports ATV & Youth ATV)

4.8.2.2. By Application Type (Entertainment, Sports, Agriculture & Others)

4.8.3.Market Attractiveness Index (By Product Type)

5. Market Dynamics

5.1. Drivers

5.2. Challenges

6. Market Trends & Developments

7. Pricing and Price Point Analysis

8. Competitive Landscape

8.1. Polaris Industries Inc.

8.2. Honda Motor Co., Ltd.

8.3. Kwang Yang Motor Co, Ltd

8.4. Yamaha Motor Co., Ltd.

8.5. BRP Inc.

8.6. Arctic Cat Inc.

8.7. Suzuki Motor Corporation

8.8. Kawasaki Heavy Industries, Ltd.

8.9. ZHEJIANG CFMOTO POWER CO.,LTD

9. Strategic Recommendations

10. Prominent Dealers and Distributors

Figures and Tables

List of Figures

Figure 1: North America All Terrain Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Units), 2013-2023F

Figure 2: North America Population, By Volume (Million Units), 2013-2017

Figure 3: North America All Terrain Vehicle Market Share, By Product Type, By Volume, 2013-2023F

Figure 4: North America GDP (USD Billion), 2012-2017

Figure 5: North America All Terrain Vehicle Market Share, By Application Type, By Volume, 2013-2023F

Figure 6: North America International Tourism, Number of Arrivals (Million), 2012-2016

Figure 7: North America All Terrain Vehicle Market Share, By Country, By Volume, 2013-2023F

Figure 8: North America All Terrain Vehicle Market Attractiveness Index, By Product Type, By Volume, 2018E-2023F

Figure 9: North America All Terrain Vehicle Market Attractiveness Index, By Application Type, By Volume, 2018E-2023F

Figure 10: North America All Terrain Vehicle Market Attractiveness Index, By Country, By Volume, 2018E-2023F

Figure 11: United States All Terrain Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Units), 2013-2023F

Figure 12: United States GDP Growth Rate, 2013-2017

Figure 13: United States All Terrain Vehicle Market Share, By Product Type, By Volume, 2013-2023F

Figure 14: United States GDP Per Capita (USD), 2013-2017

Figure 15: United States All Terrain Vehicle Market Share, By Application Type, By Volume, 2013-2023F

Figure 16: United States International Tourism, Number Of Arrivals (Million), 2012-2016

Figure 17: United States All Terrain Vehicle Market Attractiveness Index, By Product Type, By Volume, 2018E-2023F

Figure 18: Canada All Terrain Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Units), 2013-2023F

Figure 19: Canada GDP Growth Rate, 2013-2017

Figure 20: Canada All Terrain Vehicle Market Share, By Product Type, By Volume, 2013-2023F

Figure 21: Canada GDP Per Capita (USD), 2013-2017

Figure 22: Canada All Terrain Vehicle Market Share, By Application Type, By Volume, 2013-2023F

Figure 23: Canada International Tourism, Number of Arrivals (Million), 2012-2016

Figure 24: Canada All Terrain Vehicle Market Attractiveness Index, By Product Type, By Volume, 2018E-2023F

Figure 25: Mexico All Terrain Vehicle Market Size, By Value (USD Billion), By Volume (Thousand Units), 2013-2023F

Figure 26: Mexico GDP Growth Rate, 2013-2017

Figure 27: Mexico All Terrain Vehicle Market Share, By Product Type, By Volume, 2013-2023F

Figure 28: Mexico GDP Per Capita (USD), 2013-2017

Figure 29: Mexico All Terrain Vehicle Market Share, By Application Type, By Volume, 2013-2023F

Figure 30: Mexico International Tourism, Number of Arrivals (Million), 2012-2016

Figure 31: Mexico All Terrain Vehicle Market Attractiveness Index, By Product Type, By Volume, 2018E-2023F

Figure 32: North America All Terrain Vehicle Average Selling Price Analysis, 2013-2023F (USD)

List of Tables

Table 1: North America All Terrain Vehicle (ATV) Market Pricing Analysis, 2017

Table 2: List of Prominent All Terrain Vehicle Dealers and Distributors

Frequently asked questions

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Srishti Verma

Business Consultant

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Press Release

Technological Proliferations to Drive North America All Terrain Market to $ 4.57 Billion by 2023

Dec, 2018

Increasing consumer preference for recreational and off-road activities coupled with technological developments to drive North America all terrain vehicle market through 2023 According to TechSci R

North America All Terrain Vehicle Market By Product Type (Utility ATV, Sports ATV & Youth ATV), By Application Type (Entertainment, Sports, Agriculture & Others), By Country, Competition Forecast & Opportunities, 2013 – 2023

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