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Global Off-road Vehicle Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The off-road vehicle market is poised to grow by 223.96 th units during 2020-2024, progressing at a CAGR of 4% during the forecast period. The reports on the off-road vehicle market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for vehicles for recreational and adventurous sports activities and GPS navigation for off-road vehicles. In addition, increasing demand for vehicles for recreational and adventurous sports activities is anticipated to boost the growth of the market as well.
The off-road vehicle market analysis includes type segment and geographical landscapes.
The off-road vehicle market is segmented as below:
By Type
- SxS
- ATVs
- Off-road motorcycles
By Geographical Landscapess
- North America
- Europe
- APAC
- MEA
- South America
This study identifies the availability of improved suspension technology in off-road motorcycles as one of the prime reasons driving the off-road vehicle market growth during the next few years.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The report on the off-road vehicle market covers the following areas:
- Off-road vehicle market sizing
- Off-road vehicle market forecast
- Off-road vehicle market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading off-road vehicle market vendors that include Bombardier Recreational Products Inc., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., KTM AG, KWANG YANG MOTOR Co. Ltd., Massimo Motor Sports LLC, Polaris Inc., Suzuki Motor Corp., Yamaha Motor Co. Ltd., and ZHEJIANG CFMOTO POWER Co. Ltd. Also, the off-road vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global off-road vehicle market: Bombardier Recreational Products Inc., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., KTM AG, KWANG YANG MOTOR Co. Ltd., Massimo Motor Sports LLC, Polaris Inc., Suzuki Motor Corp., Yamaha Motor Co. Ltd., and ZHEJIANG CFMOTO POWER Co. Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the availability of improved suspension technology in off-road motorcycles."
According to the report, one of the major drivers for this market is the development of electric drivetrains for off-road vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bombardier Recreational Products Inc.
- Honda Motor Co. Ltd.
- Kawasaki Heavy Industries Ltd.
- KTM AG
- KWANG YANG MOTOR Co. Ltd.
- Massimo Motor Sports LLC
- Polaris Inc.
- Suzuki Motor Corp.
- Yamaha Motor Co. Ltd.
- ZHEJIANG CFMOTO POWER Co. Ltd.
