According to Cognitive Market Research, The Global Snowmobile market will be USD 1800 million in 2023 and grow at a compound annual growth rate (CAGR) of 5.00% from 2023 to 2030.
The demand for snowmobiles is rising due to the popularity of winter tourism in regions with snowfall.
Demand for solos remains higher in the snowmobile market.
The tourism category held the highest snowmobile market revenue share in 2023.
North America will continue to lead, whereas the European snowmobile market will experience the strongest growth until 2030.