Market Research Report
ATV and UTV Market by Vehicle Type, Displacement (Less than 400, 400 - 800 and More than 800 ), Fuel Type, Application and End User Vertical : Global Opportunity Analysis and Industry Forecast, 2020-2027
|Published by||Allied Market Research||Product code||1009316|
|Published||Content info||328 Pages
Delivery time: 2-3 business days
|ATV and UTV Market by Vehicle Type, Displacement (Less than 400, 400 - 800 and More than 800 ), Fuel Type, Application and End User Vertical : Global Opportunity Analysis and Industry Forecast, 2020-2027|
|Published: April 1, 2021||Content info: 328 Pages||
ATVs are single-seated, small, open motor vehicles with the ability to operate on snow, forests, mountains, and other rough terrains. However, UTVs have multiple seating capacity and can carry more than one rider safely. UTV is also known as side by side as it has side by side seating facility for passengers. These vehicles can be driven on muddy, rocky, and other rough terrains as they are equipped with deep-threaded tires.
Factors such as increase in trend of adventure sports & recreational activities, adoption of ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on road, propel the growth of the ATV and UTV market. However, ban on ATV & UTV driving in wildlife area due to terrain damage and high maintenance cost of ATVs and UTVs hinder the growth of the market. Furthermore, production of safer ATVs and UTVs is a remarkable future growth opportunity for the global ATV and UTV market.
The global ATV and UTV market is segmented based on vehicle type, displacement, fuel type, application, end user vertical, and region. Based on vehicle type, the market is bifurcated into ATV and UTV. By displacement, it is categorized into more than 400 cc, 400 - 800 cc, and less than 800 cc. By fuel type, it is divided into gasoline powered, diesel powered, electric powered, and solar powered. Based on application, it is classified into utility, sports, and others. Depending on end-user vertical, it is segregated into agriculture, military, mountaineering, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COVID Impact Analysis:
By Vehicle Type
By Fuel Type
By End User Vertical