Market Research Report
ATV Coilover Shock
|ATV Coilover Shock|
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 185 Pages
Delivery time: 1-2 business days
Global ATV Coilover Shock Market to Reach 608.6 Thousand Units by 2027
Amid the COVID-19 crisis, the global market for ATV Coilover Shock estimated at 231.4 Thousand Units in the year 2020, is projected to reach a revised size of 608.6 Thousand Units by 2027, growing at aCAGR of 14.8% over the period 2020-2027. ATVs, one of the segments analyzed in the report, is projected to record 15.2% CAGR and reach 419.7 Thousand Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the UTVs segment is readjusted to a revised 14% CAGR for the next 7-year period.
The U.S. Market is Estimated at 62.3 Thousand Units, While China is Forecast to Grow at 19.3% CAGR
The ATV Coilover Shock market in the U.S. is estimated at 62.3 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 139.2 Thousand Units by the year 2027 trailing a CAGR of 19.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 13% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR.
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