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Market Research Report

Global ATV and UTV Market Forecast 2019-2027

Published by Inkwood Research Product code 833115
Published Content info 142 Pages
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Global ATV and UTV Market Forecast 2019-2027
Published: May 4, 2019 Content info: 142 Pages
Description

KEY FINDINGS

Global ATV and UTV market deals in various segments depending as per the customer demand for the recreational use of the vehicle in sports, farming, mountaineering, military, etc. The outdoor explorers and adventure seekers are the extensive users of these vehicles and capturing the widest share of the total market in 2018. The global ATV and UTV Market are anticipated to grow from $ XX million in 2018 to $14560 million by 2027, at a CAGR of 7.15 % between 2019 and 2027. The base year considered for the study is 2018 & the estimated period is between 2019 & 2027.

MARKET INSIGHTS

The growth in sports enthusiasm, the worldwide deployment in military services and the agriculture and farming industries implementations are the major proliferating factors for the ATV and UTV market. The most important driver for the market development has been the growth in sports enthusiasm, since the inception of the all-terrain vehicle and respective utility task vehicle always have attracted the youth and enthusiast from the globe. ATV and UTV demand have increased over the years because of high inclination toward sports, recreation and tourism activities. The increasing trend of adventure sports and sports activities has increased the demand for these vehicles. The growing consumer income and improving the standard of living have boosted market growth. Other market factors supporting the growth include technological advancements in various fields, increasing applications in sports, mountaineering, defense and agriculture, and supportive government initiatives.

REGIONAL INSIGHTS

Geographically, the global ATV and UTV market has been segmented on the basis of four major regions, namely, North America, Asia Pacific, Europe and the Rest of World regional segment.

Market in the Asia Pacific is showing great potential because of the presence of many economies showing greater impulse. Due to the presence of a different type of terrains and promotion of tourism industries in the different part of Asian countries and because robust nature of vehicle to handle different type of activities is boosting the growth of the Asia-Pacific ATV and UTV market

COMPETITIVE INSIGHTS

Suzuki Motor Corporation, Kawasaki Heavy Industries, Ltd., Cub Cadet, Tomcar, Caterpillar Inc., Kubota Corporation, Deere & Company, Textron Inc., Arctic Cat, Inc., Bombardier Inc., Honda Motor Co., Ltd., Polaris Industries Inc., Yamaha Motor Co., Ltd., Bobcat Co., and Kioti are the major companies which are profiled in the report.

Table of Contents
Product Code: 24880

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. INCLINATION TOWARD POWER SPORTS
    • 3.2.2. INCREASING GOVERNMENT SUPPORT
    • 3.2.3. MODIFICATION IS THE KEY- TREND IN ATV AND UTV MARKET SEGMENT

4. MARKET DYNAMICS

  • 4.1. ETYMOLOGY OF ATV AND UTV
  • 4.2. MARKET SCOPE & DEFINITION
  • 4.3. MARKET DRIVERS
    • 4.3.1. GROWTH IN SPORTS ENTHUSIASM
    • 4.3.2. DEPLOYMENT OF ATV AND UTV IN MILITARY SERVICES
    • 4.3.3. WIDENING IMPLEMENTATIONS IN AGRICULTURE AND FARMING INDUSTRIES
  • 4.4. MARKET RESTRAINTS
    • 4.4.1. SAFETY CONCERNS REGARDING THE USE OF VEHICLES
    • 4.4.2. HIGH COST OF MAINTENANCE OF ATV AND UTV
  • 4.5. MARKET OPPORTUNITIES
    • 4.5.1. MODIFICATION AND DIVERSIFICATION OF VEHICLE.
    • 4.5.2. BUILDING SAFER VEHICLES
  • 4.6. MARKET CHALLENGES
    • 4.6.1. USE OF ATV AND UTV IS PROHIBITED IN WILDLIFE SURROUNDING AREAS

5. MARKET BY VEHICLE TYPE

  • 5.1. ATV (ALL-TERRAIN VEHICLE)
  • 5.2. UTV (UTILITY TASK VEHICLE)

6. MARKET BY DISPLACEMENT

  • 6.1. ≤ 400 (CC)
  • 6.2. 400-800 (CC)
  • 6.3. ≥ 800 (CC)

7. MARKET BY FUELING TYPE

  • 7.1. GASOLINE POWERED
  • 7.2. DIESEL POWERED
  • 7.3. ELECTRIC POWERED
  • 7.4. SOLAR POWERED

8. MARKET BY APPLICATION

  • 8.1. UTILITY
  • 8.2. SPORTS
  • 8.3. OTHERS

9. MARKET BY END-USER

  • 9.1. AGRICULTURE
  • 9.2. MILITARY
  • 9.3. MOUNTAINEERING
  • 9.4. OTHERS

10. KEY ANALYTICS

  • 10.1. PORTER'S FIVE FORCE MODEL
    • 10.1.1. THREAT OF NEW ENTRANTS
    • 10.1.2. THREAT OF SUBSTITUTE
    • 10.1.3. BARGAINING POWER OF SUPPLIERS
    • 10.1.4. BARGAINING POWER OF BUYERS
    • 10.1.5. THREAT OF COMPETITIVE RIVALRY
  • 10.2. KEY BUYING CRITERIA
    • 10.2.1. MANEUVERABILITY
    • 10.2.2. COST OF VEHICLE
  • 10.3. OPPORTUNITY MATRIX
  • 10.4. VENDOR LANDSCAPE
  • 10.5. VALUE CHAIN ANALYSIS
  • 10.6. LEGAL, POLICY & REGULATORY FRAMEWORK

11. GEOGRAPHICAL ANALYSIS

  • 11.1. NORTH AMERICA
    • 11.1.1. UNITED STATES
    • 11.1.2. CANADA
  • 11.2. EUROPE
    • 11.2.1. UNITED KINGDOM
    • 11.2.2. GERMANY
    • 11.2.3. FRANCE
    • 11.2.4. SPAIN
    • 11.2.5. ITALY
    • 11.2.6. RUSSIA
    • 11.2.7. REST OF EUROPE
  • 11.3. ASIA PACIFIC
    • 11.3.1. CHINA
    • 11.3.2. JAPAN
    • 11.3.3. INDIA
    • 11.3.4. SOUTH KOREA
    • 11.3.5. AUSTRALIA
    • 11.3.6. REST OF ASIA PACIFIC
  • 11.4. REST OF WORLD
    • 11.4.1. LATIN AMERICA
    • 11.4.2. MIDDLE EAST & AFRICA

12. COMPANY PROFILES

  • 12.1. HONDA MOTOR CO., LTD.
  • 12.2. BOBCAT CO.
  • 12.3. BOMBARDIER INC.
  • 12.4. ARCTIC CAT, INC.
  • 12.5. CATERPILLAR INC.
  • 12.6. TEXTRON INC.
  • 12.7. POLARIS INDUSTRIES INC.
  • 12.8. KUBOTA CORPORATION
  • 12.9. KAWASAKI HEAVY INDUSTRIES, LTD.
  • 12.10. SUZUKI MOTOR CORPORATION
  • 12.11. DEERE & COMPANY
  • 12.12. CUB CADET
  • 12.13. YAMAHA MOTOR CO., LTD.
  • 12.14. KIOTI
  • 12.15. TOMCAR

LIST OF TABLES

  • TABLE 1. GLOBAL ATV AND UTV MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)
  • TABLE 2. ESTIMATED DEATHS IN UNITED STATES BY STATE WISE BY UNITED STATE CONSUMER PRODUCT SAFETY COMMISSION.
  • TABLE 3. GLOBAL ATV AND UTV MARKET, BY VEHICLE TYPE, 2019-2027, (IN $ MILLION)
  • TABLE 4. GLOBAL ATV MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 5. GLOBAL UTV MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 6. GLOBAL ATV AND UTV MARKET, BY DISPLACEMENT, 2019-2027, (IN $ MILLION)
  • TABLE 7. GLOBAL ≤ 400 (CC) MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 8. GLOBAL 400- 800 (CC) MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 9. GLOBAL ≥ 800 (CC) MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 10. GLOBAL ATV AND UTV MARKET, BY FUELING TYPE, 2019-2027, (IN $ MILLION)
  • TABLE 11. GLOBAL GASOLINE POWERED MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 12. GLOBAL DIESEL POWERED MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 13. GLOBAL ELECTRIC POWERED MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 14. GLOBAL SOLAR POWERED MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 15. GLOBAL ATV AND UTV MARKET, BY APPLICATION 2019-2027, (IN $ MILLION)
  • TABLE 16. GLOBAL UTILITY MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 17. GLOBAL SPORTS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 18. GLOBAL APPLICATION OTHERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 19. GLOBAL ATV AND UTV MARKET, BY END USER 2019-2027, (IN $ MILLION)
  • TABLE 20. GLOBAL AGRICULTURE MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 21. GLOBAL MILITARY MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 22. GLOBAL MOUNTAINEERING MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 23. GLOBAL OTHERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)
  • TABLE 24. OPPORTUNITY MATRIX
  • TABLE 25. VENDOR LANDSCAPE
  • TABLE 26. LEGAL, POLICY & REGULATORY FRAMEWORK
  • TABLE 27. GLOBAL ATV AND UTV MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)
  • TABLE 28. NORTH AMERICA ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 29. EUROPE ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 30. ASIA PACIFIC ATV AND UTV MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 31. REST OF WORLD ATV AND UTV MARKET, BY REGION, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1. GLOBAL ATV AND UTV MARKET, BY TYPE, 2018 & 2027 (IN %)
  • FIGURE 2. INCREASE IN USAGE OF ATV AND UTV YEAR WISE.
  • FIGURE 3. GLOBAL ATV AND UTV MARKET, BY ATV, 2019-2027 (IN $ MILLION)
  • FIGURE 4. GLOBAL ATV AND UTV MARKET, BY UTV, 2019-2027 (IN $ MILLION)
  • FIGURE 5. GLOBAL ATV AND UTV MARKET, BY ≤ 400 (CC), 2019-2027 (IN $ MILLION)
  • FIGURE 6. GLOBAL ATV AND UTV MARKET, BY 400-800 (CC), 2019-2027 (IN $ MILLION)
  • FIGURE 7. GLOBAL ATV AND UTV MARKET, BY ≥ 800 (CC), 2019-2027 (IN $ MILLION)
  • FIGURE 8. GLOBAL ATV AND UTV MARKET, BY GASOLINE POWERED, 2019-2027 (IN $ MILLION)
  • FIGURE 9. GLOBAL ATV AND UTV MARKET, BY DIESEL POWERED, 2019-2027 (IN $ MILLION)
  • FIGURE 10. GLOBAL ATV AND UTV MARKET, BY ELECTRIC POWERED, 2019-2027 (IN $ MILLION)
  • FIGURE 11. GLOBAL ATV AND UTV MARKET, BY SOLAR POWERED, 2019-2027 (IN $ MILLION)
  • FIGURE 12. GLOBAL ATV AND UTV MARKET, BY UTILITY, 2019-2027 (IN $ MILLION)
  • FIGURE 13. GLOBAL ATV AND UTV MARKET, BY SPORTS, 2019-2027 (IN $ MILLION)
  • FIGURE 14. GLOBAL ATV AND UTV MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
  • FIGURE 15. GLOBAL ATV AND UTV MARKET, BY AGRICULTURE, 2019-2027 (IN $ MILLION)
  • FIGURE 16. GLOBAL ATV AND UTV MARKET, BY MILITARY, 2019-2027 (IN $ MILLION)
  • FIGURE 17. GLOBAL ATV AND UTV MARKET, BY MOUNTAINEERING, 2019-2027 (IN $ MILLION)
  • FIGURE 18. GLOBAL ATV AND UTV MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
  • FIGURE 19. PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 20. KEY BUYING IMPACT ANALYSIS
  • FIGURE 21. VALUE CHAIN ANALYSIS
  • FIGURE 22. GLOBAL ATV AND UTV MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
  • FIGURE 23. UNITED STATES ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 24. CANADA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 25. UNITED KINGDOM ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 26. GERMANY ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 27. FRANCE ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 28. SPAIN ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 29. ITALY ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 30. RUSSIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 31. REST OF EUROPE ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 32. CHINA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 33. JAPAN ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 34. INDIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 35. SOUTH KOREA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 36. AUSTRALIA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 37. REST OF ASIA PACIFIC ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 38. LATIN AMERICA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 39. MIDDLE EAST & AFRICA ATV AND UTV MARKET, 2019-2027 (IN $ MILLION)
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