Off-Road Vehicle Market Size- By Displacement, By Vehicle Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Off-Road Vehicle Market Introduction and Overview

According to SPER Market Research, 'Off-Road Vehicle Market Size- By Displacement, By Vehicle Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Off-Road Vehicle Market is predicted to reach USD 28.11 billion by 2033 with a CAGR of 7.51%.

A mobility solution type that can function on both public roads and rugged terrain is known as an off-road vehicle. Large, deep tyres with open treads and a suspension system that is flexible are features of off-road vehicles. All-wheel drive (AWD) or four-wheel drive (4WD) are standard on the majority of off-road vehicles in order to meet operating standards. Off-road vehicles are also useful for passenger commutes, agricultural uses, and good haulers, among many other things.

Furthermore, due to the majority of nations restricting foreign travel in an effort to stop the virus's transmission, the mobility industry as a whole suffered considerable financial losses and operational concerns during COVID-19. 2020 was a bad year for the off-road vehicle market because of supply chain interruptions and restrictions related to the COVID-19 pandemic, which had a negative impact on demand and supply. Off-road vehicle manufacturers are implementing some cost-cutting measures, such as extending the life of their equipment, reducing staffing levels, and short-term salary reductions, to manage their operations and weather the current financial downturn.

Scope of the Report:

Report Metric Details

Market size available for years 2019-2033

Base year considered 2022

Forecast period 2023-2033

Segments covered By Displacement, By Vehicle Type, By End User

Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered BRP Inc., CFMOTO, Deere & Company, Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., KUBOTA Corporation, Mahindra & Mahindra Limited, Polaris Inc., Textron Inc., Yamaha Motor Co., Ltd., Others

Off-Road Vehicle Market Segmentation:

By Displacement: Based on the Displacement, Global Off-Road Vehicle Market is segmented as; Less than 400 (CC), 400 to 800 (CC), More than 800 (CC).

By Vehicle Type: Based on the Vehicle Type, Global Off-Road Vehicle Market is segmented as; ATV, UTV, Snowmobiles, NEV.

By End User: Based on the End User, Global Off-Road Vehicle Market is segmented as; Agriculture, Military, Sports, Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Product Code: AMIN23169

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Off-Road Vehicle Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Off-Road Vehicle Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Off-Road Vehicle Market

7. Global Off-Road Vehicle Market, By Displacement (USD Million)

7.1. Global Off-Road Vehicle Market Value Share and Forecast, By Displacement, 2023-203
7.2. Less than 400 (CC
7.3. 400 to 800 (CC
7.4. More than 800 (CC)

8. Global Off-Road Vehicle Market, By Vehicle Type (USD Million)

8.1. Global Off-Road Vehicle Market Value Share and Forecast, By Vehicle Type, 2023-2033
8.2. ATV
8.3. UTV
8.4. Snowmobiles
8.5. NEV

9. Global Off-Road Vehicle Market, By End User (USD Million)

9.1. Global Off-Road Vehicle Market Value Share and Forecast, By End User, 2023-2033
9.2. Agriculture
9.3. Military
9.4. Sports
9.5. Others

10. Global Off-Road Vehicle Market Forecast, 2019-2033 (USD Million)

10.1. Global Off-Road Vehicle Market Size and Market Share

11. Global Off-Road Vehicle Market, By Displacement, 2019-2033 (USD Million)

11.1. Global Off-Road Vehicle Market Size and Market Share By Displacement (2019-2026)
11.2. Global Off-Road Vehicle Market Size and Market Share By Displacement (2027-2033)

12. Global Off-Road Vehicle Market, By Vehicle Type, 2019-2033 (USD Million)

12.1. Global Off-Road Vehicle Market Size and Market Share By Vehicle Type (2019-2026)
12.2. Global Off-Road Vehicle Market Size and Market Share By Vehicle Type (2027-2033)

13. Global Off-Road Vehicle Market, By Application, 2019-2033 (USD Million)

13.1. Global Off-Road Vehicle Market Size and Market Share By Application (2019-2026)
13.2. Global Off-Road Vehicle Market Size and Market Share By Application (2027-2033)

14. Global Off-Road Vehicle Market, By End User, 2019-2033 (USD Million)

14.1. Global Off-Road Vehicle Market Size and Market Share By End User (2019-2026)
14.2. Global Off-Road Vehicle Market Size and Market Share By End User (2027-2033)

15. Global Off-Road Vehicle Market, By Region, 2019-2033 (USD Million)

15.1. Global Off-Road Vehicle Market Size and Market Share By Region (2019-2026)
15.2. Global Off-Road Vehicle Market Size and Market Share By Region (2027-2033)
15.3. Asia-Pacific
- 15.3.1. Australia
- 15.3.2. China
- 15.3.3. India
- 15.3.4. Japan
- 15.3.5. South Korea
- 15.3.6. Rest of Asia-Pacific
15.4. Europe
- 15.4.1. France
- 15.4.2. Germany
- 15.4.3. Italy
- 15.4.4. Spain
- 15.4.5. United Kingdom
- 15.4.6. Rest of Europe
15.5. Middle East and Africa
- 15.5.1. Kingdom of Saudi Arabia
- 15.5.2. United Arab Emirates
- 15.5.3. Rest of Middle East & Africa
15.6. North America
- 15.6.1. Canada
- 15.6.2. Mexico
- 15.6.3. United States
15.7. Latin America
- 15.7.1. Argentina
- 15.7.2. Brazil
- 15.7.3. Rest of Latin America

16. Company Profile

16.1. BRP Inc.
- 16.1.1. Company details
- 16.1.2. Financial outlook
- 16.1.3. Product summary
- 16.1.4. Recent developments
16.2. CFMOTO
- 16.2.1. Company details
- 16.2.2. Financial outlook
- 16.2.3. Product summary
- 16.2.4. Recent developments
16.3. Deere & Company
- 16.3.1. Company details
- 16.3.2. Financial outlook
- 16.3.3. Product summary
- 16.3.4. Recent developments
16.4. Honda Motor Co., Ltd.
- 16.4.1. Company details
- 16.4.2. Financial outlook
- 16.4.3. Product summary
- 16.4.4. Recent developments
16.5. Kawasaki Heavy Industries, Ltd.
- 16.5.1. Company details
- 16.5.2. Financial outlook
- 16.5.3. Product summary
- 16.5.4. Recent developments
16.6. KUBOTA Corporation
- 16.6.1. Company details
- 16.6.2. Financial outlook
- 16.6.3. Product summary
- 16.6.4. Recent developments
16.7. Mahindra & Mahindra Limited
- 16.7.1. Company details
- 16.7.2. Financial outlook
- 16.7.3. Product summary
- 16.7.4. Recent developments
16.8. Polaris Inc.
- 16.8.1. Company details
- 16.8.2. Financial outlook
- 16.8.3. Product summary
- 16.8.4. Recent developments
16.9. Textron Inc.
- 16.9.1. Company details
- 16.9.2. Financial outlook
- 16.9.3. Product summary
- 16.9.4. Recent developments
16.10. Yamaha Motor Co., Ltd
- 16.10.1. Company details
- 16.10.2. Financial outlook
- 16.10.3. Product summary
- 16.10.4. Recent developments
16.11. Others