All Terrain Vehicle Market Report 2023 (Global Edition)

Global All Terrain Vehicle Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing All Terrain Vehicle Industry growth. All Terrain Vehicle market has been segmented with the help of its Type, Application Wheel Number, and others. All Terrain Vehicle market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Type Segment Analysis of All Terrain Vehicle Market

Based on present and future trends, the market size is estimated from 2018 to 2030. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for All Terrain Vehicle market.

Type of All Terrain Vehicle analyzed in this report are as follows:

• Sports ATV
• Utility ATV

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of All Terrain Vehicle Industry. Request a Free Sample PDF!

Based on Application the market of fragmented into sports ATVs, recreational/entertainment, agriculture, side-by-side ATVs, utility ATVs, military and defense, and children's ATVs. The recreational/entertainment segment is estimated to show a significant market share in 2021. The rising disposable income and increasing tourism activities are among the few factors creating buzz for recreational/entertainment. ATVs are been made available on several; tourist spots such as hiking, camping, mountain, beach, etc. on a rental basis where people can enjoy the ride.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the All Terrain Vehicle market report 2023 Edition by contacting our team.

All Terrain Vehicle Wheel Number Segment Analysis

Based on Wheel Number, the ATV market is fragmented into 4-wheeled ATVs and 3-wheeled ATVs. The 4-wheeled ATVs account for the highest market share as they improve traction in dangerous driving conditions offering better control and grip on the road. Thus, 4-wheeled ATVs are been largely deployed in agriculture, recreational and sports activities, military purpose, etc. which drive sales of 4-wheeled ATVs in the market.
However, owing to the mounting number of injuries and death cases associated with 3-wheeled ATVs, the sales of 3-wheeled ATVs have been negatively impacted. Nations including the United States have also restricted the sale of three-wheelers ATVs due to the high incidence of injury associated with their use, especially by children.

• 4-wheeled ATVs
• 3-wheeled ATVs

All Terrain Vehicle Engine Capacity Segment Analysis

• <400cc
• 400-800cc
• >800cc

All Terrain Vehicle Fuel Type Segment Analysis

• Gasoline
• Diesel
• Electric
• Solar

Based on Region market is fragmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to have the highest market share followed by Europe. Significantly higher disposable income, spending capacity, and availability of off-roading destinations are among the factors driving growth in these regions. Additionally, manufacturers’ focus on producing energy-efficient and electrical ATVs also contributes to the growth of ATVs in this region. However, the Asia Pacific region is estimated to witness a higher CAGR in the forecasted period.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

News Section

• August 2022

Polaris has announced its 2023 lineup, comprising a dynamic mix of rider-inspired vehicle updates, fresh new looks, and the expansion of RIDE COMMAND+ features. The Model Lineup includes 2023 RANGER XP 1000 NorthStar, RANGER 1000 Premium, RANGER XP 1000 CREW, RZR Pro R, RZR Turbo R, RZR XP 1000, RZR Trail, GENERAL XP 1000 Ultimate, GENERAL XP 1000 Premium, GENERAL 1000 Sport, Sportsman 450, Sportsman 1000, Outlaw 70 EFI Limited Edition, Phoenix 200, Outlaw 110 EFI and others.

• September 2021

Polaris Delivers Its Most Powerful & Advanced Side-By-Sides of All Time With RZR Pro R and RZR Turbo R

• November 2022

Honda Announces Small-Displacement ATVs for 2023
The FourTrax Recon, TRX250X, and TRX90X are three small-displacement ATVs that American Honda has confirmed to return in 2023. These models demonstrate the broad range of capabilities of Honda's light-duty ATVs, which vary from on-the-job usefulness to weekend fun.

• August 2022

Yamaha Launches 2023 Proven Off-Road ATV and Side-by-Side Lineup
Yamaha Motor Corp., USA, reveals its 2023 model year lineup of Proven Off-Road ATV and Side-by-Side (SxS) vehicles. The models include
Recreational SxS Lineup: Wolverine RMAX2 1000, RMAX4 1000, X2, and X4

• Pure Sport SxS Lineup: YXZ1000R SS and YXZ1000R
• Utility SxS Lineup: Viking and Viking VI
• Utility ATV Lineup: Grizzly, Kodiak 700, and Kodiak 450
• Sport ATV Lineup: Raptor 700, Raptor 700R and YFZ450R
• Youth ATV Lineup: Grizzly 90, Raptor 90, and YFZ50
• August 2021

Yamaha Celebrates 4 million Units Assembled in Newnan, GA
Yamaha has invested more than $380 million into U.S. manufacturing to create a world-class facility in Newnan. The facility covers 280 acres with more than 1.3 million square feet of manufacturing facilities, giving it a massive physical footprint in Newnan.
The Newnan plant complex is where Yamaha manufactures all of its Side-by-Sides, full-size ATVs, WaveRunners, and Golf Cars for global distribution.

Top Companies Market Share in All Terrain Vehicle Industry: (In no particular order of Rank)

• Polaris Industries
• Honda Motor
• Yamaha Motor
• Arctic Cat
• BRP
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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