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Market Research Report
Product code 
1010091

Canada Atv and Utv Market Forecast 2022-2028

Published: | Inkwood Research | 156 Pages | Delivery time: 2-3 business days

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Canada Atv and Utv Market Forecast 2022-2028
Published: December 20, 2021
Inkwood Research
Content info: 156 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

KEY FINDINGS

The Canada ATV and UTV market is estimated to record a CAGR of 6.89% during the forecast period, 2022-2028. One of the significant factors propelling the market growth is the increasing number of leading multinational manufacturing corporations introducing new utility vehicles.

MARKET INSIGHTS

ATVs (all-terrain vehicles) are open, small, single-seated motor vehicles that can operate on forests, mountains, snow, etc. UTVs (utility terrain vehicles) can be driven on rocky, muddy, and other rough terrains, since they have deep-threaded tires.

The growing trend of recreational activities & adventure sports, favorable government initiatives, and adoption of ATV & UTV in military activities, drive market growth. With regard to the military, there is rising demand for ATV & UTV for troop mobilization and driving on difficult terrain. These vehicles aid in activities like nature exploration, hiking, etc. At times, these are risky and dangerous. Moreover, with the increasing availability of such vehicles, related incidents are on the rise. As a result, the production of safer vehicles with safety measures offers ample market growth opportunities. Such factors are projected to influence market growth in Canada.

COMPETITIVE INSIGHTS

Some of the eminent companies in the market are: Hisun, Deere & Company, CFMoto, BRP Inc, Honda Motor Co Ltd, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Product Code: 37009

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. COUNTRY SNAPSHOT
  • 2.3. COUNTRY ANALYSIS
  • 2.4. KEY GROWTH ENABLERS
    • 2.4.1. GROWING POPULARITY OF RECREATIONAL ACTIVITIES AND ADVENTURE SPORTS
    • 2.4.2. DEMAND FOR ATV AND UTV IN MILITARY ACTIVITIES
    • 2.4.3. GOVERNMENT RULES SUPPORTING ATVS AND UTVS
  • 2.5. KEY CHALLENGES
    • 2.5.1. BAN ON ATV AND UTV DRIVING IN WILDLIFE AREA
    • 2.5.2. HIGH MAINTENANCE COSTS

3. KEY ANALYTICS

  • 3.1. IMPACT OF COVID-19 ON ATV AND UTV MARKET
  • 3.2. KEY MARKET TRENDS
  • 3.3. PORTER'S FIVE FORCES ANALYSIS
    • 3.3.1. BUYERS POWER
    • 3.3.2. SUPPLIERS POWER
    • 3.3.3. SUBSTITUTION
    • 3.3.4. NEW ENTRANTS
    • 3.3.5. INDUSTRY RIVALRY
  • 3.4. OPPORTUNITY MATRIX
  • 3.5. VENDOR LANDSCAPE
  • 3.6. KEY BUYING CRITERIA
  • 3.7. KEY BUYING CRITERIA

4. MARKET BY DISPLACEMENT

  • 4.1. ≤ 400 (CC) DISPLACEMENT
  • 4.2. 400-800(CC) DISPLACEMENT
  • 4.3. ≥ 800 (CC) DISPLACEMENT

5. MARKET BY FUEL TYPE

  • 5.1. GASOLINE-POWERED
  • 5.2. DIESEL-POWERED
  • 5.3. ELECTRIC-POWERED
  • 5.4. SOLAR-POWERED

6. MARKET BY END-USER

  • 6.1. RECREATIONAL
  • 6.2. SPORTS
  • 6.3. AGRICULTURE AND UTILITY
  • 6.4. MILITARY & DEFENCE
  • 6.5. OTHER END-USERS

7. MARKET BY VEHICLE TYPE

  • 7.1. ATV
  • 7.2. UTV

8. COMPETITIVE LANDSCAPE

  • 8.1. KEY STRATEGIC DEVELOPMENTS
    • 8.1.1. MERGERS & ACQUISITIONS
    • 8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 8.1.3. PARTNERSHIPS & AGREEMENTS
    • 8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
  • 8.2. COMPANY PROFILES
    • 8.2.1. BRP INC
    • 8.2.2. CFMOTO
    • 8.2.3. DEERE & COMPANY
    • 8.2.4. HISUN
    • 8.2.5. HONDA MOTOR COMPANY LTD
    • 8.2.6. KAWASAKI HEAVY INDUSTRIES LTD
    • 8.2.7. KUBOTA CORPORATION
    • 8.2.8. KWANG YANG MOTOR CO LTD
    • 8.2.9. POLARIS INDUSTRIES INC
    • 8.2.10. SUZUKI MOTORS CORPORATION
    • 8.2.11. TEXTRON INC (ARCTIC CAT)
    • 8.2.12. YAMAHA MOTOR CO LTD

LIST OF TABLES

  • TABLE 1: COUNTRY SNAPSHOT
  • TABLE 2: CANADA ATV AND UTV MARKET, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 3: CANADA ATV AND UTV MARKET, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 4: CANADA ATV AND UTV MARKET, BY DISPLACEMENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 5: CANADA ATV AND UTV MARKET, BY DISPLACEMENT, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 6: CANADA ATV AND UTV MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 7: CANADA ATV AND UTV MARKET, BY FUEL TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 8: CANADA ATV AND UTV MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 9: CANADA ATV AND UTV MARKET, BY END-USER, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 10: CANADA ATV AND UTV MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 11: CANADA ATV AND UTV MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 12: LIST OF MERGERS & ACQUISITIONS
  • TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

  • FIGURE 1: KEY MARKET TRENDS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: KEY BUYING CRITERIA
  • FIGURE 6: KEY BUYING IMPACT ANALYSIS
  • FIGURE 7: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY DISPLACEMENT, IN 2021
  • FIGURE 8: CANADA ATV AND UTV MARKET, BY ≤ 400 (CC) DISPLACEMENT, 2022-2028 (IN $ MILLION)
  • FIGURE 9: CANADA ATV AND UTV MARKET, BY 400-800(CC), 2022-2028 (IN $ MILLION)
  • FIGURE 10: CANADA ATV AND UTV MARKET, BY ≥ 800 (CC) DISPLACEMENT, 2022-2028 (IN $ MILLION)
  • FIGURE 11: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY FUEL TYPE, IN 2021
  • FIGURE 12: CANADA ATV AND UTV MARKET, BY GASOLINE-POWERED, 2022-2028 (IN $ MILLION)
  • FIGURE 13: CANADA ATV AND UTV MARKET, BY DIESEL-POWERED, 2022-2028 (IN $ MILLION)
  • FIGURE 14: CANADA ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2022-2028 (IN $ MILLION)
  • FIGURE 15: CANADA ATV AND UTV MARKET, BY SOLAR-POWERED, 2022-2028 (IN $ MILLION)
  • FIGURE 16: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021
  • FIGURE 17: CANADA ATV AND UTV MARKET, BY RECREATIONAL, 2022-2028 (IN $ MILLION)
  • FIGURE 18: CANADA ATV AND UTV MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)
  • FIGURE 19: CANADA ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2022-2028 (IN $ MILLION)
  • FIGURE 20: CANADA ATV AND UTV MARKET, BY MILITARY & DEFENCE, 2022-2028 (IN $ MILLION)
  • FIGURE 21: CANADA ATV AND UTV MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
  • FIGURE 22: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2021
  • FIGURE 23: CANADA ATV AND UTV MARKET, BY ATV, 2022-2028 (IN $ MILLION)
  • FIGURE 24: CANADA ATV AND UTV MARKET, BY UTV, 2022-2028 (IN $ MILLION)