Authored By: Sarah
31 Jan 2022

All-terrain Vehicle Market | North America to Lead Market Growth

Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. are some of the key market vendors

Global all-terrain vehicle market is likely to post an incremental growth of 998.95 th units, accelerating at a CAGR of 16.83% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.


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All-terrain Vehicle (ATV) Market 2021-2025 | Leading Segments and Market Trends

All-terrain Vehicle Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented by Type (sports ATV, utility ATV, and snowmobiles) and Geography (North America, Europe, APAC, MEA, and South America).
  • Growth by the sports ATV segment will be significant during the forecast period. The increase in off-road recreational activities is driving the ATV market for sports. The increase in the number of sports enthusiasts driving ATVs and the development of ATV experience zones will have a positive impact on this market segment. 
  • 81% of the market growth will originate from North America during the forecast period. The high popularity of and demand for off-road vehicles such as ATVs in the US and Canada will facilitate the all-terrain vehicle market growth in North America durign the forecast period.  This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the All-terrain Vehicle Market size.

All-terrain Vehicle Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Growing use of ATVs in recreational, sports, and military applications will be a significant factor in driving the growth of the All-terrain Vehicle Market. The global ATV market is witnessing a significant increase in demand because of the ability of ATVs to move quickly in mountainous and rocky terrain. The growth in the recreational activities and adventure segment such as off-roading, mountain racing, and dirt racing, will drive growth. The use of ATVs for military purposes has increased, where these vehicles are used extensively for transportation to remote areas. Currently, countries in North America and Europe dominate the global ATV market as sports and off-road activities are highly popular in these regions.
  • Prominent ATV manufacturers are promoting the popularity of ATVs among consumers through awareness activities. Land allocation by governments for the development of experience zones and sanction from environmental bodies also play a major role..
  • Environment impact is a hurdle that needs to be crossed on the path to success, however, creation of distinct boundaries between forests and adventure experience zones will help to mitigate this issue. 

All-terrain Vehicle Market: Vendor Analysis

  • The market is concentrated.
  • Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nebula Automotive Pvt. Ltd., Polaris Inc., Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. are some of the major market participants.
  • The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

  • All-terrain Vehicle Market Split by Type
    • Sports ATV
    • Utility ATV
    • Snowmobiles
  • All-terrain Vehicle Market Split by Geography
    • North America
    • Europe
    • APAC
    • MEA
    • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Bombardier Recreational Products Inc.
  • HISUN Motors Corp.
  • Honda Motor Co. Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Nebula Automotive Pvt. Ltd.
  • Polaris Inc.
  • Suzuki Motor Corp.
  • Taiwan Golden Bee Co. Ltd.
  • Textron Inc.
  • Yamaha Motor Co. Ltd.


For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 16.83%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by 998.95 th units through 2021-2025.

     
  3. What is a key factor driving this market?
    growing use of ATVs in recreational, sports, and military applications will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    81% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nebula Automotive Pvt. Ltd., Polaris Inc., Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (sports ATV, utility ATV, and snowmobiles) and Geography (North America, Europe, APAC, MEA, and South America)

All-terrain Vehicle Market | Growth and Analysis
Recovery and Growth Insights for 2021-2025

All-terrain vehicle market is set to post an incremental growth of 998.95 th units during 2021-2025. The market will progressing at a CAGR of  16.83% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.


Need to Strategize a COVID-19 Recovery Plan?  Request for our FREE Sample Report


All-terrain Vehicle Market: Market Segments and Key Trends

This report provides a detailed analysis of the market by Type (Sports ATV, Utility ATV, and Snowmobiles) and Geography (North America, Europe, APAC, MEA, and South America). 81% of the market growth will originate from North America during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

All-terrain Vehicle Market: What are the Growth Drivers?

The Growing use of ATVs in recreational, sports, and military applications is one of the primary factors that will drive the growth of the all-terrain vehicle market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.

All-terrain Vehicle (ATV) Market 2021-2025 | Leading Segments and Market Trends

All-terrain Vehicle Market: Competitive Landscape

The market is concentrated. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nebula Automotive Pvt. Ltd., Polaris Inc., Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

All-terrain Vehicle Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive all-terrain vehicle market growth during the next five years
  • Precise estimation of the all-terrain vehicle market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the all-terrain vehicle market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of all-terrain vehicle market vendors

All-terrain Vehicle: Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2021-2025

The Global All-terrain Vehicle Market is projected to grow by 998.95 th units, accelerating at a CAGR of 16.83% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


All-terrain Vehicle Market: Key Market Drivers

Technavio has identified  Growing use of ATVs in recreational, sports, and military applications as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

All-terrain Vehicle (ATV) Market 2021-2025 | Leading Segments and Market Trends

All-terrain Vehicle Market: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. All-terrain Vehicle Market is segmented by Type (Sports ATV, Utility ATV, and Snowmobiles) and Geography (North America, Europe, APAC, MEA, and South America). Request our Free Sample Report

All-terrain Vehicle Market: Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki are some of the leading competitors

The All-terrain Vehicle Market is concentrated and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Nebula Automotive Pvt. Ltd., Polaris Inc., Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

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