Market Research Report
Europe Atv and Utv Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||833113|
|Published||Content info||92 Pages
Delivery time: 2-3 business days
|Europe Atv and Utv Market Forecast 2019-2027|
|Published: July 28, 2019||Content info: 92 Pages||
The ATVs and UTVs can be controlled quite differently from the traditional vehicles and they need specific set of training. They find significant application in the off-road settings, but certain countries in Europe allows these vehicles on the public roads.
The Europe ATV and UTV market is estimated to grow from $XX million in 2018 to $XX million by 2027, at a CAGR of 7.40% during the forecasting years of 2019-2027.
There are many events that are based on Europe that specifically promote the ATVs and UTVs. One of the most popular ones is the SSV European Trophy which is the only side-by-side rally cross championship in the region currently, and it has a huge audience and fan section across the Europe, who are very passionate about motorsport.
The United Kingdom arena is expected to host the fastest growing market in the upcoming years for ATV and UTV. These vehicles are termed as Quad bikes in the country which are in dire requirement for being sanctioned, enumerated, and taxed for their usage on the public roadways. For registration purposes, they must have the front and rear number plates.
Kwang Yang Motor Co. Ltd., Textron Inc. (Artic Cat), Hisun Motors Corporation, Polaris Industries Inc., Deere & Company, Honda Motor Company Ltd., Kawasaki Heavy Industries Ltd., Yamaha Motor Co. Ltd., BRP Inc., and Suzuki Motors Corporation are the major companies that are profiled in the report.