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All-Terrain Vehicle Market Report by Type, Application, Engine Type, No. of Wheels, Drive Type, Fuel Type, Seating Capacity, and Region 2024-2032

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    Report

  • 145 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5753317
Description Jump to:
The global all-terrain vehicle (ATV) market size reached US$ 4.4 Billion in 2023. Looking forward, the market is projected to reach US$ 5.7 Billion by 2032, exhibiting a growth rate (CAGR) of 2.92% during 2023-2032.

An all-terrain vehicle (ATV) refers to a motorized single-seated tri or quadricycle bike and buggy that is designed for off-road travel and activities. The vehicle consists of handlebars and low-pressure tires that have deep-threaded structures, which assist in driving over muddy, rocky, wetlands and dune topologies. In comparison to other utility vehicles (UTVs), ATVs offer excellent off-road capabilities and can carry heavy equipment over long distances and narrow access points. They can also be customized for high-performance riding, owing to which they find extensive applications across various industries, including sports, entertainment, agriculture, military and defence.

Increasing consumer preference for off-road recreational activities and adventure sports is one of the key factors driving the growth of the market. With the advancements in automotive infotainment systems, vendors are offering ATVs with GPS tracking and Bluetooth connectivity systems, thereby enhancing the overall driving experience. Furthermore, widespread product adoption by the agriculture industry is also providing a boost to the market growth. ATVs are widely utilized for conducting farm-related activities, such as field ploughing, weed control, animal handling and transportation of materials.

Additionally, various technological advancements, including the development of electric quad bikes and the installation of improved steering systems, hydraulic pump connections, joystick controls and graphic displays in ATVs, are also contributing to the market growth. Other factors creating a positive impact on the market include a significant increase in the tourism industry, rapid urbanization and rising expenditure capacities of the consumers.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global all-terrain vehicle market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on type, application, engine type, no. of wheels, drive type, fuel type and seating capacity.

Breakup by Type:

  • Utility ATV
  • Sport ATV
  • Recreational ATV
  • Others

Breakup by Application:

  • Sports
  • Entertainment
  • Agriculture
  • Military & Defence
  • Others

Breakup by Engine Type:

  • Below 400 cc
  • 400 - 800 cc
  • Above 800 cc

Breakup by No. of Wheels:

  • Three Wheels
  • Four Wheels
  • >Four Wheels

Breakup by Drive Type:

  • 2WD
  • 4WD
  • AWD

Breakup by Fuel Type:

  • Electric ATV
  • Gasoline ATV

Breakup by Seating Capacity:

  • One Seat
  • Two or More Seats

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being Polaris Industries Inc.,Honda Motor Co. Ltd.,Kawasaki Heavy Industries,Yamaha Motor Corporation,Suzuki Motor Corporation, KYMCO, Deere & Company (John Deere),Arctic Cat Inc.,Bombardier Recreational Products (BRP), CFMOTO, CECTEK,HiSun Motors, Linhai and Taiwan Golden Bee.

Key Questions Answered in This Report

  • How has the global all-terrain vehicle market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global all-terrain vehicle market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the engine type?
  • What is the breakup of the market based on the number of wheels?
  • What is the breakup of the market based on the drive type?
  • What is the breakup of the market based on the fuel type?
  • What is the breakup of the market based on the seating capacity?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global all-terrain vehicle market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global All-terrain Vehicle Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Utility ATV
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sport ATV
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Recreational ATV
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Sports
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Entertainment
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Agriculture
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Military & Defence
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Engine Type
8.1 Below 400 cc
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 400 - 800 cc
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Above 800 cc
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by No. of Wheels
9.1 Three Wheels
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Four Wheels
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 >Four Wheels
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Drive Type
10.1 2WD
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 4WD
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 AWD
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Fuel Type
11.1 Electric ATV
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Gasoline ATV
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market Breakup by Seating Capacity
12.1 One Seat
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Two or More Seats
12.2.1 Market Trends
12.2.2 Market Forecast
13 Market Breakup by Region
13.1 North America
13.1.1 United States
13.1.1.1 Market Trends
13.1.1.2 Market Forecast
13.1.2 Canada
13.1.2.1 Market Trends
13.1.2.2 Market Forecast
13.2 Asia-Pacific
13.2.1 China
13.2.1.1 Market Trends
13.2.1.2 Market Forecast
13.2.2 Japan
13.2.2.1 Market Trends
13.2.2.2 Market Forecast
13.2.3 India
13.2.3.1 Market Trends
13.2.3.2 Market Forecast
13.2.4 South Korea
13.2.4.1 Market Trends
13.2.4.2 Market Forecast
13.2.5 Australia
13.2.5.1 Market Trends
13.2.5.2 Market Forecast
13.2.6 Indonesia
13.2.6.1 Market Trends
13.2.6.2 Market Forecast
13.2.7 Others
13.2.7.1 Market Trends
13.2.7.2 Market Forecast
13.3 Europe
13.3.1 Germany
13.3.1.1 Market Trends
13.3.1.2 Market Forecast
13.3.2 France
13.3.2.1 Market Trends
13.3.2.2 Market Forecast
13.3.3 United Kingdom
13.3.3.1 Market Trends
13.3.3.2 Market Forecast
13.3.4 Italy
13.3.4.1 Market Trends
13.3.4.2 Market Forecast
13.3.5 Spain
13.3.5.1 Market Trends
13.3.5.2 Market Forecast
13.3.6 Russia
13.3.6.1 Market Trends
13.3.6.2 Market Forecast
13.3.7 Others
13.3.7.1 Market Trends
13.3.7.2 Market Forecast
13.4 Latin America
13.4.1 Brazil
13.4.1.1 Market Trends
13.4.1.2 Market Forecast
13.4.2 Mexico
13.4.2.1 Market Trends
13.4.2.2 Market Forecast
13.4.3 Others
13.4.3.1 Market Trends
13.4.3.2 Market Forecast
13.5 Middle East and Africa
13.5.1 Market Trends
13.5.2 Market Breakup by Country
13.5.3 Market Forecast
14 SWOT Analysis
14.1 Overview
14.2 Strengths
14.3 Weaknesses
14.4 Opportunities
14.5 Threats
15 Value Chain Analysis
16 Porters Five Forces Analysis
16.1 Overview
16.2 Bargaining Power of Buyers
16.3 Bargaining Power of Suppliers
16.4 Degree of Competition
16.5 Threat of New Entrants
16.6 Threat of Substitutes
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Polaris Industries Inc.
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Financials
17.3.1.4 SWOT Analysis
17.3.2 Honda Motor Co. Ltd.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Financials
17.3.2.4 SWOT Analysis
17.3.3 Kawasaki Heavy Industries
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Financials
17.3.3.4 SWOT Analysis
17.3.4 Yamaha Motor Corporation
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Financials
17.3.4.4 SWOT Analysis
17.3.5 Suzuki Motor Corporation
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Financials
17.3.5.4 SWOT Analysis
17.3.6 KYMCO
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.7 Deere & Company (John Deere)
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Financials
17.3.7.4 SWOT Analysis
17.3.8 Arctic Cat Inc.
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.9 Bombardier Recreational Products (BRP)
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.10 CFMOTO
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.11 CECTEK
17.3.11.1 Company Overview
17.3.11.2 Product Portfolio
17.3.12 HiSun Motors
17.3.12.1 Company Overview
17.3.12.2 Product Portfolio
17.3.13 Linhai
17.3.13.1 Company Overview
17.3.13.2 Product Portfolio
17.3.13.3 Financials
17.3.14 Taiwan Golden Bee
17.3.14.1 Company Overview
17.3.14.2 Product Portfolio
List of Figures
Figure 1: Global: All-terrain Vehicle Market: Major Drivers and Challenges
Figure 2: Global: All-terrain Vehicle Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: All-terrain Vehicle Market: Breakup by Type (in %), 2023
Figure 4: Global: All-terrain Vehicle Market: Breakup by Application (in %), 2023
Figure 5: Global: All-terrain Vehicle Market: Breakup by Engine Type (in %), 2023
Figure 6: Global: All-terrain Vehicle Market: Breakup by No. of Wheels (in %), 2023
Figure 7: Global: All-terrain Vehicle Market: Breakup by Drive Type (in %), 2023
Figure 8: Global: All-terrain Vehicle Market: Breakup by Fuel Type (in %), 2023
Figure 9: Global: All-terrain Vehicle Market: Breakup by Seating Capacity (in %), 2023
Figure 10: Global: All-terrain Vehicle Market: Breakup by Region (in %), 2023
Figure 11: Global: All-terrain Vehicle Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 12: Global: All-terrain Vehicle (Utility ATV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: All-terrain Vehicle (Utility ATV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: All-terrain Vehicle (Sport ATV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: All-terrain Vehicle (Sport ATV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: All-terrain Vehicle (Recreational ATV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: All-terrain Vehicle (Recreational ATV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: All-terrain Vehicle (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: All-terrain Vehicle (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: All-terrain Vehicle (Sports) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: All-terrain Vehicle (Sports) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: All-terrain Vehicle (Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: All-terrain Vehicle (Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: All-terrain Vehicle (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: All-terrain Vehicle (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: All-terrain Vehicle (Military & Defence) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: All-terrain Vehicle (Military & Defence) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: All-terrain Vehicle (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: All-terrain Vehicle (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: All-terrain Vehicle (Below 400 cc) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: All-terrain Vehicle (Below 400 cc) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: All-terrain Vehicle (400 - 800 cc) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: All-terrain Vehicle (400 - 800 cc) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: All-terrain Vehicle (Above 800 cc) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: All-terrain Vehicle (Above 800 cc) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: All-terrain Vehicle (Three Wheels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: All-terrain Vehicle (Three Wheels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: All-terrain Vehicle (Four Wheels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: All-terrain Vehicle (Four Wheels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: All-terrain Vehicle (>Four Wheels) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: All-terrain Vehicle (>Four Wheels) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: All-terrain Vehicle (2WD) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: All-terrain Vehicle (2WD) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: All-terrain Vehicle (4WD) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: All-terrain Vehicle (4WD) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: All-terrain Vehicle (AWD) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: All-terrain Vehicle (AWD) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: All-terrain Vehicle (Electric ATV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: All-terrain Vehicle (Electric ATV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Global: All-terrain Vehicle (Gasoline ATV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Global: All-terrain Vehicle (Gasoline ATV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Global: All-terrain Vehicle (One Seat) Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Global: All-terrain Vehicle (One Seat) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Global: All-terrain Vehicle (Two or More seats) Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Global: All-terrain Vehicle (Two or More seats) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: North America: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: North America: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United States: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United States: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Canada: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Canada: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Asia Pacific: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Asia Pacific: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: China: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: China: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Japan: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Japan: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: India: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: India: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: South Korea: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: South Korea: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Australia: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Australia: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Indonesia: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Indonesia: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Others: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Others: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Europe: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Europe: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Germany: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Germany: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: France: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: France: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: United Kingdom: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: United Kingdom: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Italy: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Italy: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Spain: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Spain: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Russia: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Russia: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Others: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Others: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Latin America: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Latin America: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Brazil: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Brazil: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Mexico: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 99: Mexico: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 100: Others: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 101: Others: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 102: Middle East and Africa: All-terrain Vehicle Market: Sales Value (in Million US$), 2018 & 2023
Figure 103: Middle East and Africa: All-terrain Vehicle Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 104: Global: All-terrain Vehicle Industry: SWOT Analysis
Figure 105: Global: All-terrain Vehicle Industry: Value Chain Analysis
Figure 106: Global: All-terrain Vehicle Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: All-terrain Vehicle Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: All-terrain Vehicle Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: All-terrain Vehicle Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: All-terrain Vehicle Market Forecast: Breakup by Engine Type (in Million US$), 2024-2032
Table 5: Global: All-terrain Vehicle Market Forecast: Breakup by No. of Wheels (in Million US$), 2024-2032
Table 6: Global: All-terrain Vehicle Market Forecast: Breakup by Drive Type (in Million US$), 2024-2032
Table 7: Global: All-terrain Vehicle Market Forecast: Breakup by Fuel Type (in Million US$), 2024-2032
Table 8: Global: All-terrain Vehicle Market Forecast: Breakup by Seating Capacity (in Million US$), 2024-2032
Table 9: Global: All-terrain Vehicle Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 10: Global: All-terrain Vehicle Market: Competitive Structure
Table 11: Global: All-terrain Vehicle Market: Key Players

Companies Mentioned

  • Polaris Industries Inc. ,Honda Motor Co. Ltd. ,Kawasaki Heavy Industries ,Yamaha Motor Corporation ,Suzuki Motor Corporation
  • KYMCO
  • Deere & Company (John Deere) ,Arctic Cat Inc. ,Bombardier Recreational Products (BRP)
  • CFMOTO
  • CECTEK ,HiSun Motors
  • Linhai
  • Taiwan Golden Bee

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 4.4 Billion
Forecasted Market Value ( USD ) by 2032 $ 5.7 Billion
Compound Annual Growth Rate2.9%
Regions CoveredGlobal
No. of Companies Mentioned6

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About the ATV Market

The All-Terrain Vehicle (ATV) market is a subset of the automotive industry. ATVs are four-wheeled vehicles designed for off-road use, and are typically used for recreational purposes. They are typically smaller than cars, and are powered by a gasoline engine. ATVs are designed to be lightweight and maneuverable, and are often used in off-road racing. They are also used for agricultural and industrial purposes, such as hauling cargo or towing trailers. The ATV market has seen steady growth in recent years, with more people using them for recreational purposes. This has led to an increase in the number of manufacturers producing ATVs, as well as an increase in the variety of models available. Some of the major companies in the ATV market include Honda, Yamaha, Polaris, Can-Am, and Arctic Cat. These companies produce a wide range of ATVs, from entry-level models to high-performance machines. Show Less Read more

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