Snowmobile Market Report 2026

The snowmobile market size has grown steadily in recent years. It will grow from $1.82 billion in 2025 to $1.89 billion in 2026 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to growth of winter sports activities, increasing disposable income in cold regions, expansion of snowmobile trails and tourism infrastructure, rising demand for utility snow transport, advancements in snowmobile engine design.

The snowmobile market size is expected to see strong growth in the next few years. It will grow to $2.29 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to increasing focus on low-emission recreational vehicles, rising adoption of electric powertrains, expansion of snowmobiles in commercial and rescue operations, growing demand for connected riding features, increasing investments in durable snow vehicle designs. Major trends in the forecast period include increasing demand for electric and hybrid snowmobiles, rising adoption of lightweight materials, growing interest in recreational winter tourism, expansion of utility snowmobiles for work applications, enhanced focus on rider safety and comfort.

The increasing popularity of recreational activities is expected to drive the growth of the snowmobile market going forward. Recreational activities include outdoor leisure pursuits such as skiing, snowboarding, ice skating, and snowmobiling. Growing interest in winter sports has led to higher demand for snowmobiles, as consumers seek exciting and efficient ways to explore snowy landscapes and access remote areas. For instance, in June 2024, according to American Trails, a US-based non-profit organization, the outdoor recreation participant base grew 4.1% in 2023 to a record 175.8 million participants, representing 57.3% of all Americans aged six and older. Therefore, the rising popularity of winter sports and outdoor recreation is boosting the snowmobile market.

Major companies in the snowmobile market are focusing on innovations such as RAS RX front suspension to enhance bump absorption, cornering stability, and ride predictability across trails and deep snow. The RAS RX front suspension provides smoother and more controlled rides by improving handling in varying snow conditions. For instance, in February 2024, BRP Inc., a Canada-based manufacturer, introduced the Ski-Doo Expedition Electric and Lynx Adventure Electric models as part of its 2025 electric snowmobile lineup. Designed for ski resorts and consumers seeking low-noise, eco-friendly rides, these models feature BRP’s proprietary electric powertrain, offering quiet, efficient operation, easier handling, and lower maintenance compared to traditional snowmobiles.

In February 2023, Vidde Snow Mobility AB, a Swedish manufacturer of electric snowmobiles, forged a partnership with PaperShell AB to pioneer the world's inaugural climate-neutral snowmobile. This collaboration marks a significant stride toward leveraging electric and potentially circular solutions, heralding a transformative phase in the industry. The joint effort aims to facilitate the adoption of an electric product, thereby curbing emissions generated during its usage. Notably, PaperShell AB, a Sweden-based company renowned for its expertise in sustainable solutions, particularly in fiber composites, contributes to this innovative endeavor.

Major companies operating in the snowmobile market report include Yamaha Motor Corporation, Polaris Inc., Bombardier Recreational Products Inc. (BRP), Arctic Cat Inc., Alpina Snowmobiles S.r.l., Taiga Motors Corporation, Taiga Motors Group, Lynx (BRP), Ski-Doo (BRP), Aurora Powertrains, AD Boivin Inc., Camso Inc., Tatou Group, Mattracks Inc., Snow Hawk, Boss Snowplow (Snowmobile Utility Systems), Track Inc., Camoplast Solideal, Arctic Cat Engine Division, Polaris Engine Systems, Taiga Motors USA, BRP Finland Oy, Polaris Industries Engine Division, Yamaha Motor Manufacturing Corporation, Alpina Industrial Vehicles.

North America was the largest region in the snowmobile market in 2025. The regions covered in the snowmobile market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the snowmobile market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The snowmobile market consists of sales of sport-trail snowmobiles, traditional snowmobiles, and electric snowmobiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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