Increasing adoption of ATVs for utility applications, including forestry, agriculture, and goods transport is the primary factor driving the growth of the market. In addition, these vehicles offer several benefits such as compact size to work in small & remote spaces, enhanced vehicle capacity, lower market price, and less maintenance, thereby boosting the adoption of ATVs. Furthermore, the demand for ATV is increasing significantly in sports applications, owing to increasing number of sports racing events, further fueling the market growth.
The growth of the global all-terrain vehicle market is propelling, due to increase in trend of adventure sports and recreational activities, rise in demand for ATV in military activities, and government rules to support driving ATVs on road. However, ban on ATV driving in wildlife area due to terrain damage, and high maintenance cost of ATVs are the factors hampering the growth of the market. Furthermore, production of safer ATVs is the factor expected to offer growth opportunities during the forecast period.
The all-terrain vehicle market is segmented on the basis of type, fuel type, displacement, end-use, and region. By type, it is segmented into utility all-terrain vehicle, sport all-terrain vehicle, and others. By fuel type, it is classified into gasoline powered, diesel powered, electric powered, and solar powered. By displacement, it is fragmented into less than 400 cc, 400 - 800 cc, and more than 800 cc. By end-use, it is categorized into agriculture, military, mountaineering, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the all-terrain vehicle market analysis from 2021 to 2031 to identify the prevailing all-terrain vehicle market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the all-terrain vehicle market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global all-terrain vehicle market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Utility all-terrain vehicle
- Sport all-terrain vehicle
- Others
By Fuel Type
- Gasoline powered
- Diesel powered
- Electric powered
- Solar powered
By Displacement
- Less than 400 CC
- Between 400 CC and 800 CC
- Greater than 800 CC
By End-use
- Agriculture
- Military
- Mountaineering
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- BRP Inc.
- CFMOTO
- Deere & Company
- Hisun Motors Corp.
- Honda Motor Co., Ltd.
- Kawasaki Heavy Industries Ltd.
- KUBOTA Corporation
- Kwang Yang Motor Co., Ltd.
- Polaris Industries, Inc.
- Suzuki Motor Corporation
- Textron Inc.
- Yamaha Motor Co., Ltd.
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: ALL-TERRAIN VEHICLE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Utility all-terrain vehicle
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Sport all-terrain vehicle
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: ALL-TERRAIN VEHICLE MARKET, BY FUEL TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Gasoline powered
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Diesel powered
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Electric powered
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Solar powered
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: ALL-TERRAIN VEHICLE MARKET, BY DISPLACEMENT
6.1 Overview
6.1.1 Market size and forecast
6.2 Less than 400 CC
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Between 400 CC and 800 CC
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Greater than 800 CC
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: ALL-TERRAIN VEHICLE MARKET, BY END-USE
7.1 Overview
7.1.1 Market size and forecast
7.2 Agriculture
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Military
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Mountaineering
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Others
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
CHAPTER 8: ALL-TERRAIN VEHICLE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Type
8.2.3 North America Market size and forecast, by Fuel Type
8.2.4 North America Market size and forecast, by Displacement
8.2.5 North America Market size and forecast, by End-use
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Type
8.2.6.1.2 Market size and forecast, by Fuel Type
8.2.6.1.3 Market size and forecast, by Displacement
8.2.6.1.4 Market size and forecast, by End-use
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Type
8.2.6.2.2 Market size and forecast, by Fuel Type
8.2.6.2.3 Market size and forecast, by Displacement
8.2.6.2.4 Market size and forecast, by End-use
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Type
8.2.6.3.2 Market size and forecast, by Fuel Type
8.2.6.3.3 Market size and forecast, by Displacement
8.2.6.3.4 Market size and forecast, by End-use
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Type
8.3.3 Europe Market size and forecast, by Fuel Type
8.3.4 Europe Market size and forecast, by Displacement
8.3.5 Europe Market size and forecast, by End-use
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Type
8.3.6.1.2 Market size and forecast, by Fuel Type
8.3.6.1.3 Market size and forecast, by Displacement
8.3.6.1.4 Market size and forecast, by End-use
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Type
8.3.6.2.2 Market size and forecast, by Fuel Type
8.3.6.2.3 Market size and forecast, by Displacement
8.3.6.2.4 Market size and forecast, by End-use
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Type
8.3.6.3.2 Market size and forecast, by Fuel Type
8.3.6.3.3 Market size and forecast, by Displacement
8.3.6.3.4 Market size and forecast, by End-use
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Type
8.3.6.4.2 Market size and forecast, by Fuel Type
8.3.6.4.3 Market size and forecast, by Displacement
8.3.6.4.4 Market size and forecast, by End-use
8.3.6.5 Rest of Europe
8.3.6.5.1 Market size and forecast, by Type
8.3.6.5.2 Market size and forecast, by Fuel Type
8.3.6.5.3 Market size and forecast, by Displacement
8.3.6.5.4 Market size and forecast, by End-use
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Type
8.4.3 Asia-Pacific Market size and forecast, by Fuel Type
8.4.4 Asia-Pacific Market size and forecast, by Displacement
8.4.5 Asia-Pacific Market size and forecast, by End-use
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Type
8.4.6.1.2 Market size and forecast, by Fuel Type
8.4.6.1.3 Market size and forecast, by Displacement
8.4.6.1.4 Market size and forecast, by End-use
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Type
8.4.6.2.2 Market size and forecast, by Fuel Type
8.4.6.2.3 Market size and forecast, by Displacement
8.4.6.2.4 Market size and forecast, by End-use
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Type
8.4.6.3.2 Market size and forecast, by Fuel Type
8.4.6.3.3 Market size and forecast, by Displacement
8.4.6.3.4 Market size and forecast, by End-use
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Type
8.4.6.4.2 Market size and forecast, by Fuel Type
8.4.6.4.3 Market size and forecast, by Displacement
8.4.6.4.4 Market size and forecast, by End-use
8.4.6.5 Rest Of Asia Pacific
8.4.6.5.1 Market size and forecast, by Type
8.4.6.5.2 Market size and forecast, by Fuel Type
8.4.6.5.3 Market size and forecast, by Displacement
8.4.6.5.4 Market size and forecast, by End-use
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Type
8.5.3 LAMEA Market size and forecast, by Fuel Type
8.5.4 LAMEA Market size and forecast, by Displacement
8.5.5 LAMEA Market size and forecast, by End-use
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Type
8.5.6.1.2 Market size and forecast, by Fuel Type
8.5.6.1.3 Market size and forecast, by Displacement
8.5.6.1.4 Market size and forecast, by End-use
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Type
8.5.6.2.2 Market size and forecast, by Fuel Type
8.5.6.2.3 Market size and forecast, by Displacement
8.5.6.2.4 Market size and forecast, by End-use
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Type
8.5.6.3.2 Market size and forecast, by Fuel Type
8.5.6.3.3 Market size and forecast, by Displacement
8.5.6.3.4 Market size and forecast, by End-use
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 BRP Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 CFMOTO
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Deere & Company
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Hisun Motors Corp.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Honda Motor Co., Ltd.
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Kawasaki Heavy Industries Ltd.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 KUBOTA Corporation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Kwang Yang Motor Co., Ltd.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Polaris Industries, Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Suzuki Motor Corporation
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Textron Inc.
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Yamaha Motor Co., Ltd.
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
List of Tables
Table 1. Global All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 2. All-Terrain Vehicle Market Size, for Utility All-Terrain Vehicle, by Region, 2021-2031 ($Million)
Table 3. All-Terrain Vehicle Market for Utility All-Terrain Vehicle, by Country, 2021-2031 ($Million)
Table 4. All-Terrain Vehicle Market Size, for Sport All-Terrain Vehicle, by Region, 2021-2031 ($Million)
Table 5. All-Terrain Vehicle Market for Sport All-Terrain Vehicle, by Country, 2021-2031 ($Million)
Table 6. All-Terrain Vehicle Market Size, for Others, by Region, 2021-2031 ($Million)
Table 7. All-Terrain Vehicle Market for Others, by Country, 2021-2031 ($Million)
Table 8. Global All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 9. All-Terrain Vehicle Market Size, for Gasoline Powered, by Region, 2021-2031 ($Million)
Table 10. All-Terrain Vehicle Market for Gasoline Powered, by Country, 2021-2031 ($Million)
Table 11. All-Terrain Vehicle Market Size, for Diesel Powered, by Region, 2021-2031 ($Million)
Table 12. All-Terrain Vehicle Market for Diesel Powered, by Country, 2021-2031 ($Million)
Table 13. All-Terrain Vehicle Market Size, for Electric Powered, by Region, 2021-2031 ($Million)
Table 14. All-Terrain Vehicle Market for Electric Powered, by Country, 2021-2031 ($Million)
Table 15. All-Terrain Vehicle Market Size, for Solar Powered, by Region, 2021-2031 ($Million)
Table 16. All-Terrain Vehicle Market for Solar Powered, by Country, 2021-2031 ($Million)
Table 17. Global All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 18. All-Terrain Vehicle Market Size, for Less Than 400 Cc, by Region, 2021-2031 ($Million)
Table 19. All-Terrain Vehicle Market for Less Than 400 Cc, by Country, 2021-2031 ($Million)
Table 20. All-Terrain Vehicle Market Size, for Between 400 Cc and 800 Cc, by Region, 2021-2031 ($Million)
Table 21. All-Terrain Vehicle Market for Between 400 Cc and 800 Cc, by Country, 2021-2031 ($Million)
Table 22. All-Terrain Vehicle Market Size, for Greater Than 800 Cc, by Region, 2021-2031 ($Million)
Table 23. All-Terrain Vehicle Market for Greater Than 800 Cc, by Country, 2021-2031 ($Million)
Table 24. Global All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 25. All-Terrain Vehicle Market Size, for Agriculture, by Region, 2021-2031 ($Million)
Table 26. All-Terrain Vehicle Market for Agriculture, by Country, 2021-2031 ($Million)
Table 27. All-Terrain Vehicle Market Size, for Military, by Region, 2021-2031 ($Million)
Table 28. All-Terrain Vehicle Market for Military, by Country, 2021-2031 ($Million)
Table 29. All-Terrain Vehicle Market Size, for Mountaineering, by Region, 2021-2031 ($Million)
Table 30. All-Terrain Vehicle Market for Mountaineering, by Country, 2021-2031 ($Million)
Table 31. All-Terrain Vehicle Market Size, for Others, by Region, 2021-2031 ($Million)
Table 32. All-Terrain Vehicle Market for Others, by Country, 2021-2031 ($Million)
Table 33. All-Terrain Vehicle Market, by Region, 2021-2031 ($Million)
Table 34. North America All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 35. North America All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 36. North America All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 37. North America All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 38. North America All-Terrain Vehicle Market, by Country, 2021-2031 ($Million)
Table 39. U.S. All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 40. U.S. All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 41. U.S. All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 42. U.S. All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 43. Canada All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 44. Canada All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 45. Canada All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 46. Canada All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 47. Mexico All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 48. Mexico All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 49. Mexico All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 50. Mexico All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 51. Europe All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 52. Europe All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 53. Europe All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 54. Europe All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 55. Europe All-Terrain Vehicle Market, by Country, 2021-2031 ($Million)
Table 56. UK All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 57. UK All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 58. UK All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 59. UK All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 60. Germany All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 61. Germany All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 62. Germany All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 63. Germany All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 64. France All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 65. France All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 66. France All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 67. France All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 68. Italy All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 69. Italy All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 70. Italy All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 71. Italy All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 72. Rest of Europe All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 73. Rest of Europe All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 74. Rest of Europe All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 75. Rest of Europe All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 76. Asia-Pacific All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 77. Asia-Pacific All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 78. Asia-Pacific All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 79. Asia-Pacific All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 80. Asia-Pacific All-Terrain Vehicle Market, by Country, 2021-2031 ($Million)
Table 81. China All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 82. China All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 83. China All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 84. China All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 85. Japan All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 86. Japan All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 87. Japan All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 88. Japan All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 89. India All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 90. India All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 91. India All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 92. India All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 93. South Korea All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 94. South Korea All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 95. South Korea All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 96. South Korea All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 97. Rest of Asia-Pacific All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 98. Rest of Asia-Pacific All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 99. Rest of Asia-Pacific All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 100. Rest of Asia-Pacific All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 101. LAMEA All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 102. LAMEA All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 103. LAMEA All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 104. LAMEA All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 105. LAMEA All-Terrain Vehicle Market, by Country, 2021-2031 ($Million)
Table 106. Latin America All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 107. Latin America All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 108. Latin America All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 109. Latin America All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 110. Middle East All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 111. Middle East All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 112. Middle East All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 113. Middle East All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 114. Africa All-Terrain Vehicle Market, by Type, 2021-2031 ($Million)
Table 115. Africa All-Terrain Vehicle Market, by Fuel Type, 2021-2031 ($Million)
Table 116. Africa All-Terrain Vehicle Market, by Displacement, 2021-2031 ($Million)
Table 117. Africa All-Terrain Vehicle Market, by End-use, 2021-2031 ($Million)
Table 118. Brp Inc.: Company Snapshot
Table 119. Brp Inc.: Operating Segments
Table 120. Brp Inc.: Product Portfolio
Table 121. Brp Inc.: Net Sales
Table 122. Brp Inc.: Key Strategies
Table 123. Cfmoto: Company Snapshot
Table 124. Cfmoto: Operating Segments
Table 125. Cfmoto: Product Portfolio
Table 126. Cfmoto: Net Sales
Table 127. Cfmoto: Key Strategies
Table 128. Deere & Company: Company Snapshot
Table 129. Deere & Company: Operating Segments
Table 130. Deere & Company: Product Portfolio
Table 131. Deere & Company: Net Sales
Table 132. Deere & Company: Key Strategies
Table 133. Hisun Motors Corp.: Company Snapshot
Table 134. Hisun Motors Corp.: Operating Segments
Table 135. Hisun Motors Corp.: Product Portfolio
Table 136. Hisun Motors Corp.: Net Sales
Table 137. Hisun Motors Corp.: Key Strategies
Table 138. Honda Motor Co. Ltd.: Company Snapshot
Table 139. Honda Motor Co. Ltd.: Operating Segments
Table 140. Honda Motor Co. Ltd.: Product Portfolio
Table 141. Honda Motor Co. Ltd.: Net Sales
Table 142. Honda Motor Co. Ltd.: Key Strategies
Table 143. Kawasaki Heavy Industries Ltd.: Company Snapshot
Table 144. Kawasaki Heavy Industries Ltd.: Operating Segments
Table 145. Kawasaki Heavy Industries Ltd.: Product Portfolio
Table 146. Kawasaki Heavy Industries Ltd.: Net Sales
Table 147. Kawasaki Heavy Industries Ltd.: Key Strategies
Table 148. Kubota Corporation: Company Snapshot
Table 149. Kubota Corporation: Operating Segments
Table 150. Kubota Corporation: Product Portfolio
Table 151. Kubota Corporation: Net Sales
Table 152. Kubota Corporation: Key Strategies
Table 153. Kwang Yang Motor Co. Ltd.: Company Snapshot
Table 154. Kwang Yang Motor Co. Ltd.: Operating Segments
Table 155. Kwang Yang Motor Co. Ltd.: Product Portfolio
Table 156. Kwang Yang Motor Co. Ltd.: Net Sales
Table 157. Kwang Yang Motor Co. Ltd.: Key Strategies
Table 158. Polaris Industries, Inc.: Company Snapshot
Table 159. Polaris Industries, Inc.: Operating Segments
Table 160. Polaris Industries, Inc.: Product Portfolio
Table 161. Polaris Industries, Inc.: Net Sales
Table 162. Polaris Industries, Inc.: Key Strategies
Table 163. Suzuki Motor Corporation: Company Snapshot
Table 164. Suzuki Motor Corporation: Operating Segments
Table 165. Suzuki Motor Corporation: Product Portfolio
Table 166. Suzuki Motor Corporation: Net Sales
Table 167. Suzuki Motor Corporation: Key Strategies
Table 168. Textron Inc.: Company Snapshot
Table 169. Textron Inc.: Operating Segments
Table 170. Textron Inc.: Product Portfolio
Table 171. Textron Inc.: Net Sales
Table 172. Textron Inc.: Key Strategies
Table 173. Yamaha Motor Co. Ltd.: Company Snapshot
Table 174. Yamaha Motor Co. Ltd.: Operating Segments
Table 175. Yamaha Motor Co. Ltd.: Product Portfolio
Table 176. Yamaha Motor Co. Ltd.: Net Sales
Table 177. Yamaha Motor Co. Ltd.: Key Strategies
List of Figures
Figure 1. All-Terrain Vehicle Market Segmentation
Figure 2. All-Terrain Vehicle Market, 2021-2031
Figure 3. All-Terrain Vehicle Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. All-Terrain Vehicle Mark.:Drivers, Restraints and Opportunities
Figure 12. All-Terrain Vehicle Market, By Type, 2021(%)
Figure 13. Comparative Share Analysis of Utility All-Terrain Vehicle All-Terrain Vehicle Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Sport All-Terrain Vehicle All-Terrain Vehicle Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of Others All-Terrain Vehicle Market, 2021-2031(%)
Figure 16. All-Terrain Vehicle Market, By Fuel Type, 2021(%)
Figure 17. Comparative Share Analysis of Gasoline Powered All-Terrain Vehicle Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of Diesel Powered All-Terrain Vehicle Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Electric Powered All-Terrain Vehicle Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Solar Powered All-Terrain Vehicle Market, 2021-2031(%)
Figure 21. All-Terrain Vehicle Market, By Displacement, 2021(%)
Figure 22. Comparative Share Analysis of Less Than 400 Cc All-Terrain Vehicle Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Between 400 Cc and 800 Cc All-Terrain Vehicle Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of Greater Than 800 Cc All-Terrain Vehicle Market, 2021-2031(%)
Figure 25. All-Terrain Vehicle Market, By End-Use, 2021(%)
Figure 26. Comparative Share Analysis of Agriculture All-Terrain Vehicle Market, 2021-2031(%)
Figure 27. Comparative Share Analysis of Military All-Terrain Vehicle Market, 2021-2031(%)
Figure 28. Comparative Share Analysis of Mountaineering All-Terrain Vehicle Market, 2021-2031(%)
Figure 29. Comparative Share Analysis of Others All-Terrain Vehicle Market, 2021-2031(%)
Figure 30. All-Terrain Vehicle Market by Region, 2021
Figure 31. U.S. All-Terrain Vehicle Market, 2021-2031($Million)
Figure 32. Canada All-Terrain Vehicle Market, 2021-2031($Million)
Figure 33. Mexico All-Terrain Vehicle Market, 2021-2031($Million)
Figure 34. Uk All-Terrain Vehicle Market, 2021-2031($Million)
Figure 35. Germany All-Terrain Vehicle Market, 2021-2031($Million)
Figure 36. France All-Terrain Vehicle Market, 2021-2031($Million)
Figure 37. Italy All-Terrain Vehicle Market, 2021-2031($Million)
Figure 38. Rest of Europe All-Terrain Vehicle Market, 2021-2031($Million)
Figure 39. China All-Terrain Vehicle Market, 2021-2031($Million)
Figure 40. Japan All-Terrain Vehicle Market, 2021-2031($Million)
Figure 41. India All-Terrain Vehicle Market, 2021-2031($Million)
Figure 42. South Korea All-Terrain Vehicle Market, 2021-2031($Million)
Figure 43. Rest of Asia-Pacific All-Terrain Vehicle Market, 2021-2031($Million)
Figure 44. Latin America All-Terrain Vehicle Market, 2021-2031($Million)
Figure 45. Middle East All-Terrain Vehicle Market, 2021-2031($Million)
Figure 46. Africa All-Terrain Vehicle Market, 2021-2031($Million)
Figure 47. Top Winning Strategies, by Year
Figure 48. Top Winning Strategies, by Development
Figure 49. Top Winning Strategies, by Company
Figure 50. Product Mapping of Top 10 Players
Figure 51. Competitive Dashboard
Figure 52. Competitive Heatmap of Top 10 Key Players
Figure 53. Brp Inc.: Net Sales, ($Million)
Figure 54. Cfmot.: Net Sales, ($Million)
Figure 55. Deere & Compan.: Net Sales, ($Million)
Figure 56. Hisun Motors Corp.: Net Sales, ($Million)
Figure 57. Honda Motor Co. Ltd.: Net Sales, ($Million)
Figure 58. Kawasaki Heavy Industries Ltd.: Net Sales, ($Million)
Figure 59. Kubota Corporatio.: Net Sales, ($Million)
Figure 60. Kwang Yang Motor Co. Ltd.: Net Sales, ($Million)
Figure 61. Polaris Industries, Inc.: Net Sales, ($Million)
Figure 62. Suzuki Motor Corporatio.: Net Sales, ($Million)
Figure 63. Textron Inc.: Net Sales, ($Million)
Figure 64. Yamaha Motor Co. Ltd.: Net Sales, ($Million)
Executive Summary
According to the report, “All-terrain Vehicle Market," the all-terrain vehicle market was valued at $3.2 billion in 2021, and is estimated to reach $5 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.North America is expected to dominate the global all-terrain vehicle market in 2021. Racing championships organized by leading ATV clubs and introduction of new models of these vehicles by key players drive the growth of the ATV market in the region. In addition, supportive government rules to allow driving these vehicles on roadways is anticipated to boost the market in North America. For instance, the U.S. state and local governments have already passed a law allowing ATVs onto roadways with some regulations.
Growing environmental concerns and fluctuating prices of diesel and gasoline are the factors that are anticipated to drive the demand for electric powered ATVs. In addition, introduction of electric ATVs, which have features, such as zero emission, silent operation, less charging time, and others, boosts the growth of the electric powered segment. For instance, in December 2021, Tesla launched a $1,900 four-wheel ATV known as Cybersquad for kids. This all-electric ATV has a top speed of 10 mph and a range of up to 15 miles. In addition, it has three speed options such as 5 mph, 10 mph, and reverse 5 mph.
The growth of the global all-terrain vehicle market is propelling, due to increase in trend of adventure sports and recreational activities, rise in demand for ATV in military activities, and government rules to support driving ATVs on road. However, ban on ATV driving in wildlife area due to terrain damage, and high maintenance cost of ATVs are the factors hampering the growth of the market. Furthermore, production of safer ATVs is the factor expected to offer growth opportunities during the forecast period.
COVID-19 Impact Analysis
The rapid spread of COVID-19 had a significant impact on the global automotive industry, which, in turns, affects the ATV industry, with a decline in the demand for vehicles. Several automobile and ATV manufacturers faced shortage of components such as semiconductor chips, and others, which further resulted in delay in production of automobiles and ATVs.In addition, COVID-19 also impacted the production of ATV vehicles across the globe. It forced ATV manufacturers in North America to temporarily shut down their production plants, in response to the coronavirus outbreak. For instance, in 2020, Yamaha Motor Corporation temporarily shut down its assembly plant in Newnan, U.S. The Newnan plant assembles most of the company’s ATV, WaveRunner, Side-by-Side vehicles and Golf cars intended for the U.S. markets.
Perhaps the most immediate challenge for businesses in this sector during 2022 will involve evaluating the extent of the impact of the recent pandemic. Some manufacturers experienced short-term shutdowns during 2020 due to health-related emergencies. At the same time, the demand for these recreational products soared, creating sporadic inventory shortages.
Key Findings of the Study
- By type, the others segment is anticipated to exhibit significant growth in the near future.
- By fuel type, the electric powered segment is anticipated to exhibit significant growth in the near future.
- By displacement, the less than 400 CC segment is anticipated to exhibit significant growth in the near future.
- By end-use, the military segment is anticipated to exhibit significant growth in the near future.
- By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
- Key players operating in the global ATV market include BRP Inc., CFMoto, Deere & Company, Hisun, Honda Motor Co., Ltd., Kawasaki Heavy Industries Ltd., Kubota Corporation, Kwang Yang Motor Co., Ltd., Polaris Industries Inc., Suzuki Motor Corporation, Textron Inc., and Yamaha Motor Co., Ltd.
Companies Mentioned
- BRP Inc.
- CFMOTO
- Deere & Company
- Hisun Motors Corp.
- Honda Motor Co., Ltd.
- Kawasaki Heavy Industries Ltd.
- KUBOTA Corporation
- Kwang Yang Motor Co., Ltd.
- Polaris Industries, Inc.
- Suzuki Motor Corporation
- Textron Inc.
- Yamaha Motor Co., Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...