PUBLISHER: TechNavio | PRODUCT CODE: 1693084
PUBLISHER: TechNavio | PRODUCT CODE: 1693084
The ATV and UTV market is forecasted to grow by USD 6153 million during 2024-2029, accelerating at a CAGR of 8.5% during the forecast period. The report on the ATV and UTV 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 increasing trend toward adventurous sporting, rising demand for ATVs and UTVs, and rising usage of ATVs and UTVs in agriculture and farm operations.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.7% |
CAGR | 8.5% |
Incremental Value | $6153 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's ATV and UTV market is segmented as below:
By Fuel Type
By Application
By Vehicle Type
By Product Type
By Geographical Landscape
This study identifies the growing automation in atvs and utvs as one of the prime reasons driving the ATV and utv market growth during the next few years. Also, increasing product launches and increasing marketing initiatives associated with atvs and utvs will lead to sizable demand in the market.
The report on the ATV and UTV market covers the following areas:
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 ATV and utv market vendors that include Bombardier Recreational Products Inc., Deere and Co., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Kayo USA, Kubota Corp., Kymco, Nebula Automotive Pvt. Ltd., Polaris Inc., 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 ATV and UTV 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 publisher 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 primary and secondary research. The 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.
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