Global all-terrain vehicle (ATV) market 2024-2028

Description

List of Tables

Technavio has been monitoring the all-terrain vehicle (ATV) market and is forecast to grow by USD 2116.9 mn during 2023-2028, accelerating at a CAGR of 8.8% during the forecast period. Our report on the all-terrain vehicle (Atv) market provides 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of ATVs in recreational, sports, and military applications, increasing demand for ATVs for recreational and adventurous sports activities, and rising demand for ATVs.

Technavio's all-terrain vehicle (ATV) market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.49%
CAGR	8.8%
Incremental Value	$2116.9mn

By Engine Capacity

400cc-800cc
Below 400cc
Above 800cc

By Application

Recreational
Sports
Agriculture
Military and defense

By Geography

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing number of ATV experience zones as one of the prime reasons driving the all-terrain vehicle (ATV) market growth during the next few years. Also, growing penetration of CVT systems in atvs and advances in autonomous atvs will lead to sizable demand in the market.

Technavio 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. Our report on the all-terrain vehicle (ATV) market covers the following areas:

All-terrain vehicle (ATV) market sizing
All-terrain vehicle (ATV) market forecast
All-terrain vehicle (ATV) market industry analysis

Technavio's 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 all-terrain vehicle (ATV) market vendors that include BMS Motorsports Inc., Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Kayo USA, Kubota Corp., Mahindra and Mahindra Ltd., Massimo Motor Sports LLC, Nebula Automotive Pvt. Ltd., Polaris Inc., SHERP, Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Tao Motor Inc., Textron Inc., TOMCAR, Yamaha Motor Co. Ltd., and ZHEJIANG CFMOTO POWER Co. Ltd.. Also, the all-terrain vehicle (ATV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71075

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Engine Capacity
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global All-Terrain Vehicle (ATV) Market 2018 - 2022
- Historic Market Size - Data Table on Global All-Terrain Vehicle (ATV) Market 2018 - 2022 ($ million)
4.2 Engine Capacity segment analysis 2018 - 2022
- Historic Market Size - Engine Capacity Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Engine Capacity

6.1 Market segments
- Chart on Engine Capacity - Market share 2023-2028 (%)
- Data Table on Engine Capacity - Market share 2023-2028 (%)
6.2 Comparison by Engine Capacity
- Chart on Comparison by Engine Capacity
- Data Table on Comparison by Engine Capacity
- 400cc-800cc - Market size and forecast 2023-2028
- Chart on 400cc-800cc - Market size and forecast 2023-2028 ($ million)
- Data Table on 400cc-800cc - Market size and forecast 2023-2028 ($ million)
- Chart on 400cc-800cc - Year-over-year growth 2023-2028 (%)
- Data Table on 400cc-800cc - Year-over-year growth 2023-2028 (%)
6.4 Below 400cc - Market size and forecast 2023-2028
- Chart on Below 400cc - Market size and forecast 2023-2028 ($ million)
- Data Table on Below 400cc - Market size and forecast 2023-2028 ($ million)
- Chart on Below 400cc - Year-over-year growth 2023-2028 (%)
- Data Table on Below 400cc - Year-over-year growth 2023-2028 (%)
6.5 Above 800cc - Market size and forecast 2023-2028
- Chart on Above 800cc - Market size and forecast 2023-2028 ($ million)
- Data Table on Above 800cc - Market size and forecast 2023-2028 ($ million)
- Chart on Above 800cc - Year-over-year growth 2023-2028 (%)
- Data Table on Above 800cc - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Engine Capacity
- Market opportunity by Engine Capacity ($ million)
- Data Table on Market opportunity by Engine Capacity ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Recreational - Market size and forecast 2023-2028
- Chart on Recreational - Market size and forecast 2023-2028 ($ million)
- Data Table on Recreational - Market size and forecast 2023-2028 ($ million)
- Chart on Recreational - Year-over-year growth 2023-2028 (%)
- Data Table on Recreational - Year-over-year growth 2023-2028 (%)
7.4 Sports - Market size and forecast 2023-2028
- Chart on Sports - Market size and forecast 2023-2028 ($ million)
- Data Table on Sports - Market size and forecast 2023-2028 ($ million)
- Chart on Sports - Year-over-year growth 2023-2028 (%)
- Data Table on Sports - Year-over-year growth 2023-2028 (%)
7.5 Agriculture - Market size and forecast 2023-2028
- Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
- Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
- Chart on Agriculture - Year-over-year growth 2023-2028 (%)
- Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
7.6 Military and defense - Market size and forecast 2023-2028
- Chart on Military and defense - Market size and forecast 2023-2028 ($ million)
- Data Table on Military and defense - Market size and forecast 2023-2028 ($ million)
- Chart on Military and defense - Year-over-year growth 2023-2028 (%)
- Data Table on Military and defense - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape2023-2028 (%)
- Data Table on Market share By Geographical Landscape2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 Australia - Market size and forecast 2023-2028
- Chart on Australia - Market size and forecast 2023-2028 ($ million)
- Data Table on Australia - Market size and forecast 2023-2028 ($ million)
- Chart on Australia - Year-over-year growth 2023-2028 (%)
- Data Table on Australia - Year-over-year growth 2023-2028 (%)
9.11 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity By Geographical Landscape($ million)
- Data Tables on Market opportunity By Geographical Landscape($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Bombardier Recreational Products Inc.
- Bombardier Recreational Products Inc. - Overview
- Bombardier Recreational Products Inc. - Business segments
- Bombardier Recreational Products Inc. - Key offerings
- Bombardier Recreational Products Inc. - Segment focus
12.4 HISUN Motors Corp.
- HISUN Motors Corp. - Overview
- HISUN Motors Corp. - Product / Service
- HISUN Motors Corp. - Key offerings
12.5 Honda Motor Co. Ltd.
- Honda Motor Co. Ltd. - Overview
- Honda Motor Co. Ltd. - Business segments
- Honda Motor Co. Ltd. - Key news
- Honda Motor Co. Ltd. - Key offerings
- Honda Motor Co. Ltd. - Segment focus
12.6 Kawasaki Heavy Industries Ltd.
- Kawasaki Heavy Industries Ltd. - Overview
- Kawasaki Heavy Industries Ltd. - Business segments
- Kawasaki Heavy Industries Ltd. - Key news
- Kawasaki Heavy Industries Ltd. - Key offerings
- Kawasaki Heavy Industries Ltd. - Segment focus
12.7 Mahindra and Mahindra Ltd.
- Mahindra and Mahindra Ltd. - Overview
- Mahindra and Mahindra Ltd. - Business segments
- Mahindra and Mahindra Ltd. - Key news
- Mahindra and Mahindra Ltd. - Key offerings
- Mahindra and Mahindra Ltd. - Segment focus
12.8 Nebula Automotive Pvt. Ltd.
- Nebula Automotive Pvt. Ltd. - Overview
- Nebula Automotive Pvt. Ltd. - Product / Service
- Nebula Automotive Pvt. Ltd. - Key offerings
12.9 Polaris Inc.
- Polaris Inc. - Overview
- Polaris Inc. - Business segments
- Polaris Inc. - Key news
- Polaris Inc. - Key offerings
- Polaris Inc. - Segment focus
12.10 SHERP
- SHERP - Overview
- SHERP - Business segments
- SHERP - Key offerings
- SHERP - Segment focus
12.11 Suzuki Motor Corp.
- Suzuki Motor Corp. - Overview
- Suzuki Motor Corp. - Business segments
- Suzuki Motor Corp. - Key news
- Suzuki Motor Corp. - Key offerings
- Suzuki Motor Corp. - Segment focus
12.12 Taiwan Golden Bee Co. Ltd.
- Taiwan Golden Bee Co. Ltd. - Overview
- Taiwan Golden Bee Co. Ltd. - Product / Service
- Taiwan Golden Bee Co. Ltd. - Key offerings
12.13 Tao Motor Inc.
- Tao Motor Inc. - Overview
- Tao Motor Inc. - Product / Service
- Tao Motor Inc. - Key offerings
12.14 Textron Inc.
- Textron Inc. - Overview
- Textron Inc. - Business segments
- Textron Inc. - Key offerings
- Textron Inc. - Segment focus
12.15 TOMCAR
- TOMCAR - Overview
- TOMCAR - Business segments
- TOMCAR - Key offerings
- TOMCAR - Segment focus
12.16 Yamaha Motor Co. Ltd.
- Yamaha Motor Co. Ltd. - Overview
- Yamaha Motor Co. Ltd. - Business segments
- Yamaha Motor Co. Ltd. - Key news
- Yamaha Motor Co. Ltd. - Key offerings
- Yamaha Motor Co. Ltd. - Segment focus
12.17 ZHEJIANG CFMOTO POWER Co. Ltd.
- ZHEJIANG CFMOTO POWER Co. Ltd. - Overview
- ZHEJIANG CFMOTO POWER Co. Ltd. - Product / Service
- ZHEJIANG CFMOTO POWER Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 market analysis
- market analysis
13.10 List of abbreviations
- List of abbreviations