North America Power Sports Market Size, Share & Trends Analysis Report By Application (Off-Road, and On-Road), By Propulsion (Gasoline, Electric, and Diesel), By Vehicle Type, By Country and Growth Forecast, 2023

List of Tables

The North America Power Sports Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030).

The US market dominated the North America Power Sports Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,943.9 million by 2030. The Canada market is experiencing a CAGR of 8.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.8% during (2023 - 2030).

There has been a noticeable shift in consumer preferences towards outdoor recreation and adventure sports, fueled by a desire for thrill-seeking experiences, connection with nature, and exploration of new environments. As more individuals seek exciting outdoor activities and adventures, there is a corresponding increase in the adoption of sports vehicles that enable them to engage in off-road riding, water sports, snowmobiling, and other recreational pursuits.

Outdoor enthusiasts now have more options to enjoy recreational activities, including off-roading, trail riding, boating, and snowmobile, due to the growth of off-road trails, recreational parks, waterways, and snowmobile routes. The availability of designated riding areas and organized events, such as off-road rallies and motocross races, encourages individuals to invest in sports vehicles and equipment to participate in these activities.

The growth of off-roading-focused social media sites and online forums has increased interest in and awareness of Mexicans. Enthusiasts share their experiences, tips, and recommendations, inspiring others to join the adventure. They use platforms like Instagram, Facebook, and YouTube to share their off-roading adventures through photos, videos, and stories. According to the International Trade Administration (ITA), by the end of 2022, Mexico had 96.8 million Internet users, representing an annual increase of 9.3 percent. Therefore, the rising social media usage due to increasing internet penetration and growing trails in the region is propelling the market's growth.

Based on Application, the market is segmented into Off-Road, and On-Road. Based on Propulsion, the market is segmented into Gasoline, Electric, and Diesel. Based on Vehicle Type, the market is segmented into All-terrain Vehicles, Side By Side Vehicles, Personal Watercrafts, Heavy Weight Motorcycles, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Yamaha Motor Co., Ltd.
Zhejiang CFMoto Power Co., Ltd.
Bombardier Recreational Products (BRP) Inc.
Kawasaki Heavy Industries, Ltd.
Textron, Inc.
Polaris, Inc.
Suzuki Motor Corporation
Honda Motor Co. Ltd.
KTM AG (PIERER Mobility AG)
Volkswagen AG

North America Power Sports Market Report Segmentation

By Application

Off-Road
On-Road

By Propulsion

Gasoline
Electric
Diesel

By Vehicle Type

All-terrain Vehicles
Side By Side Vehicles
Personal Watercrafts
Heavy Weight Motorcycles
Others

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Power Sports Market, by Application
- 1.4.2North America Power Sports Market, by Propulsion
- 1.4.3North America Power Sports Market, by Vehicle Type
- 1.4.4North America Power Sports Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2Key Strategic Move: (Product Launches and Product Expansions: 2022, Jan - 2024, Feb) Leading Players
4.4Porter's Five Forces Analysis

Chapter 5.North America Power Sports Market by Application

5.1North America Off-Road Market by Country
5.2North America On-Road Market by Country

Chapter 6.North America Power Sports Market by Propulsion

6.1North America Gasoline Market by Country
6.2North America Electric Market by Country
6.3North America Diesel Market by Country

Chapter 7.North America Power Sports Market by Vehicle Type

7.1North America All-terrain Vehicles Market by Country
7.2North America Side By Side Vehicles Market by Country
7.3North America Personal Watercrafts Market by Country
7.4North America Heavy Weight Motorcycles Market by Country
7.5North America Others Market by Country

Chapter 8.North America Power Sports Market by Country

8.1US Power Sports Market
- 8.1.1US Power Sports Market by Application
- 8.1.2US Power Sports Market by Propulsion
- 8.1.3US Power Sports Market by Vehicle Type
8.2Canada Power Sports Market
- 8.2.1Canada Power Sports Market by Application
- 8.2.2Canada Power Sports Market by Propulsion
- 8.2.3Canada Power Sports Market by Vehicle Type
8.3Mexico Power Sports Market
- 8.3.1Mexico Power Sports Market by Application
- 8.3.2Mexico Power Sports Market by Propulsion
- 8.3.3Mexico Power Sports Market by Vehicle Type
8.4Rest of North America Power Sports Market
- 8.4.1Rest of North America Power Sports Market by Application
- 8.4.2Rest of North America Power Sports Market by Propulsion
- 8.4.3Rest of North America Power Sports Market by Vehicle Type

Chapter 9.Company Profiles

9.1Yamaha Motor Co., Ltd.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expense
- 9.1.5Recent strategies and developments:
  - 9.1.5.1Product Launches and Product Expansions:
- 9.1.6SWOT Analysis
9.2Zhejiang CFMoto Power Co., Ltd.
- 9.2.1Company Overview
- 9.2.2Recent strategies and developments:
  - 9.2.2.1Partnerships, Collaborations, and Agreements:
  - 9.2.2.2Product Launches and Product Expansions:
  - 9.2.2.3Acquisition and Mergers:
- 9.2.3SWOT Analysis
9.3Bombardier Recreational Products (BRP) Inc.
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Regional Analysis
- 9.3.4Recent strategies and developments:
  - 9.3.4.1Product Launches and Product Expansions:
  - 9.3.4.2Acquisition and Mergers:
- 9.3.5SWOT Analysis
9.4Kawasaki Heavy Industries, Ltd.
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Product Launches and Product Expansions:
- 9.4.6SWOT Analysis
9.5Textron, Inc.
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5SWOT Analysis
9.6Polaris, Inc.
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expenses
- 9.6.5Recent strategies and developments:
  - 9.6.5.1Partnerships, Collaborations, and Agreements:
  - 9.6.5.2Product Launches and Product Expansions:
- 9.6.6SWOT Analysis
9.7Suzuki Motor Corporation
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5Recent strategies and developments:
  - 9.7.5.1Product Launches and Product Expansions:
  - 9.7.5.2Acquisition and Mergers:
- 9.7.6SWOT Analysis
9.8Honda Motor Co. Ltd.
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expense
- 9.8.5Recent strategies and developments:
  - 9.8.5.1Product Launches and Product Expansions:
- 9.8.6SWOT Analysis
9.9KTM AG (PIERER Mobility AG)
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expenses
- 9.9.5Recent strategies and developments:
  - 9.9.5.1Product Launches and Product Expansions:
- 9.9.6SWOT Analysis
9.10.Volkswagen AG
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5Recent strategies and developments:
  - 9.10.5.1Product Launches and Product Expansions:
- 9.10.6SWOT Analysis

LIST OF TABLES

TABLE 1North America Power Sports Market, 2019 - 2022, USD Million
TABLE 2North America Power Sports Market, 2023 - 2030, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Power Sports Market
TABLE 4Product Launches And Product Expansions- Power Sports Market
TABLE 5Acquisition and Mergers- Power Sports Market
TABLE 6North America Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 7North America Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 8North America Off-Road Market by Country, 2019 - 2022, USD Million
TABLE 9North America Off-Road Market by Country, 2023 - 2030, USD Million
TABLE 10North America On-Road Market by Country, 2019 - 2022, USD Million
TABLE 11North America On-Road Market by Country, 2023 - 2030, USD Million
TABLE 12North America Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 13North America Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 14North America Gasoline Market by Country, 2019 - 2022, USD Million
TABLE 15North America Gasoline Market by Country, 2023 - 2030, USD Million
TABLE 16North America Electric Market by Country, 2019 - 2022, USD Million
TABLE 17North America Electric Market by Country, 2023 - 2030, USD Million
TABLE 18North America Diesel Market by Country, 2019 - 2022, USD Million
TABLE 19North America Diesel Market by Country, 2023 - 2030, USD Million
TABLE 20North America Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 21North America Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 22North America All-terrain Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 23North America All-terrain Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 24North America Side By Side Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 25North America Side By Side Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 26North America Personal Watercrafts Market by Country, 2019 - 2022, USD Million
TABLE 27North America Personal Watercrafts Market by Country, 2023 - 2030, USD Million
TABLE 28North America Heavy Weight Motorcycles Market by Country, 2019 - 2022, USD Million
TABLE 29North America Heavy Weight Motorcycles Market by Country, 2023 - 2030, USD Million
TABLE 30North America Others Market by Country, 2019 - 2022, USD Million
TABLE 31North America Others Market by Country, 2023 - 2030, USD Million
TABLE 32North America Power Sports Market by Country, 2019 - 2022, USD Million
TABLE 33North America Power Sports Market by Country, 2023 - 2030, USD Million
TABLE 34US Power Sports Market, 2019 - 2022, USD Million
TABLE 35US Power Sports Market, 2023 - 2030, USD Million
TABLE 36US Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 37US Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 38US Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 39US Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 40US Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 41US Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 42Canada Power Sports Market, 2019 - 2022, USD Million
TABLE 43Canada Power Sports Market, 2023 - 2030, USD Million
TABLE 44Canada Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 45Canada Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 46Canada Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 47Canada Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 48Canada Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 49Canada Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 50Mexico Power Sports Market, 2019 - 2022, USD Million
TABLE 51Mexico Power Sports Market, 2023 - 2030, USD Million
TABLE 52Mexico Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 53Mexico Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 54Mexico Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 55Mexico Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 56Mexico Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 57Mexico Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 58Rest of North America Power Sports Market, 2019 - 2022, USD Million
TABLE 59Rest of North America Power Sports Market, 2023 - 2030, USD Million
TABLE 60Rest of North America Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 61Rest of North America Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 62Rest of North America Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 63Rest of North America Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 64Rest of North America Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 65Rest of North America Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 66Key Information - Yamaha Motor Co., Ltd.
TABLE 67Key information - Zhejiang CFMoto Power Co., Ltd.
TABLE 68Key Information - Bombardier recreational products (brp) inc.
TABLE 69Key Information - Kawasaki Heavy Industries, Ltd.
TABLE 70Key Information - Textron, Inc.
TABLE 71Key information - Polaris, Inc.
TABLE 72Key information - Suzuki Motor Corporation
TABLE 73key Information - Honda Motor Co. Ltd.
TABLE 74Key Information - KTM AG
TABLE 75key Information - Volkswagen AG

North America Power Sports Market Size, Share & Trends Analysis Report By Application (Off-Road, and On-Road), By Propulsion (Gasoline, Electric, and Diesel), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

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