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stratviewresearch · 2 years

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All-Terrain Vehicles (ATV) Market is Expected to Register a Considerable Growth by 2028

Stratview Research has published a new report on the All-Terrain Vehicles (ATV) Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.

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The objective of the All-Terrain Vehicles (ATV) Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the All-Terrain Vehicles (ATV) Market.

Market Insights – The All-Terrain Vehicles (ATV) Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.

Few key players operating in the All-Terrain Vehicles (ATV) Market are-

• Arctic Cat Inc.

• Polaris Industries Inc.

• Honda Motors. Co., Ltd.

• BRP Inc.

• Kawasaki Motors Corp.

• Suzuki Motors

• Yahama Motors Co., Ltd.

Growth drivers and Market Value:

This report, from Stratview Research, studies the All-Terrain Vehicles (ATV) Market

value and growth drivers over the trend period of 2022-27. According to the report -

ATVs were introduced to the North American market in 1971 by Honda Motors. Other Japanese major motorcycle manufacturers (Yamaha, Kawasaki, and Suzuki) entered the North American ATV market in the late 1970’s and early 1980’s. The growth in ATV market attracted North American companies like Polaris Industries, Arctic Cat and BRP Inc., which entered the ATV market in 1985, 1995, and 1998 respectively. In addition to major global players, there are a number of other Chinese and Taiwanese manufacturers who produce low combustion chamber engine based ATVs for local market.

Segment Analysis:

Based on by Vehicle Type:

Side by Side is another off-road vehicle type and offers many advantages over ATVs, such as better riding experience, rollover protection bars, and ease of mobility. Over the last ten years, Off-road industry has noticed a continuous shift from ATVs to Side by Side vehicles.

Based on Regional:

North America is expected to remain the largest market for ATVs in the next five years. The US is the growth engine of the North American and the global ATVs market. The US accounted for more than 50% of the global ATVs market in 2015. Asia-Pacific is a very small market but is likely to witness the fastest growth during the forecast period, driven by the high demand of power sports.

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Critical Questions Answered in the Report

What are the key trends in the global All-Terrain Vehicles (ATV) Market?

How the All-Terrain Vehicles (ATV) Market (and its various sub-segments) has grown in the last five years?

What would be the growth driver and growth rate in next five years?

What is the impact of COVID-19 on the All-Terrain Vehicles (ATV) Market?

What are the key strategies adopted by the major vendors to lead in the All-Terrain Vehicles (ATV) Market?

What is the market share of the key players?

Target Audience

The following is a list of the customers that the All-Terrain Vehicles (ATV) Market aims to convert the most:

Manufacturing Organizations

Distributors & Suppliers

Potential Investors

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at [email protected] or +1-313-307-4176.

What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.

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