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Global ATV & UTV Market (2021 to 2027) - Featuring Arctic Cat, Club Car and Hitachi Chemical Among Others - ResearchAndMarkets.com

December 21, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Dec 21, 2021--

The “ATV & UTV Market 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

The global ATV & UTV market is anticipated to exhibit considerable CAGR of 4.1% during the forecast period (2021-2027). The growing demand for ATV & UTV From defense and military sector is driving the growth of the global ATV & UTV market.

Companies Mentioned

  • American Landmaster
  • Arctic Cat Inc.
  • Asp Group Sro
  • Automotive Energy Supply Corp.
  • Bombardier Recreational Products Inc.
  • Cectek
  • Cfmoto
  • Club Car, Llc
  • Contemporary Amperex Technology Co., Ltd.
  • Drr Usa
  • Hisun Motors Corp.
  • Hitachi Chemical Co., Ltd
  • Honda Motor Co. Ltd.
  • Johnson Controls International Plc
  • Lg Chem Ltd.
  • Nikola Corp.
  • Panasonic Corp.
  • Polaris Industries Inc.
  • Segway Technology Co., Ltd.
  • Solvay Group
  • Tesla, Inc.
  • Toshiba Corp.

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In May 2020, the US Special Operations Command (USSOCOM) awarded $109 million seven-year contract to Polaris Government and Defense for the Polaris MRZR Alpha, a new Lightweight Tactical All-Terrain Vehicle (LTATV). The rise in the number of the government contracts for the production of ATVs is anticipated to offer growth opportunity to the global market during the forecast period.

The ATV & UTV market is segmented on the basis of vehicle type, propulsion type, end-user, drivetrain type, and engine size. Based on vehicle type, the ATV & UTV market is segmented into ATV UTV. Based on propulsion type, the ATV & UTV market is segmented into gasoline powered, electric powered and diesel powered. Based on end-user, the market is segmented into agriculture, construction, military, recreational, mountaineering. Based on drivetrain type, the market is segmented into two-wheel drive, three-wheel drive, and all-wheel drive. Based on engine size, the market is segmented into less than 400 cc, 400 to 800 cc, and more than 800 cc.

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The global ATV & UTV market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America is anticipated to hold a considerable market share during the forecast period. The presence of well-established automobile industry and large number of end-user verticals for the ATV & UTVs are the major factors attributing towards the market share of the region. However, Asia-Pacific is anticipated to exhibit highest growth in global market during the forecast period.

The global ATV & UTV market is characterized by the presence of several market players that are catering to a wide range of customers across the globe. Some of the key vendors of ATV & UTV include Arctic Cat, Honda Motor Co., Ltd., Kawasaki Motors Corp., Polaris Inc., and Yamaha Motor Co., Ltd. and so on. The key vendors of the ATV & UTV are adopting several growth strategies such as mergers & acquisition, collaboration, and partnership, and so on to remain competitive in the ATV & UTV market.

Market Segmentation

The Report Covers

  • Comprehensive research methodology of the global ATV & UTV market.
  • This report also includes a detailed and extensive market overview with the key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global ATV & UTV market.
  • Insights about market determinants which are stimulating the global ATV & UTV market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis

3.1.3. SWOT Analysis

3.2. Impact of COVID on key players

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global ATV & UTV Market by Vehicle Type

5.1.1. ATV

5.1.2. UTV

5.2. Global ATV & UTV Market by Propulsion Type

5.2.1. Gasoline Powered

5.2.2. Diesel Powered

5.2.3. Electric Powered

5.3. Global ATV & UTV Market by End-User

5.3.1. Agriculture

5.3.2. Construction

5.3.3. Military

5.3.4. Recreational

5.3.5. Mountaineering

5.4. Global ATV & UTV Market by Drivetrain Type

5.4.1. Two-Wheel Drive

5.4.2. Three-Wheel Drive

5.4.3. All-Wheel Drive

5.5. Global ATV & UTV Market by Engine Size

5.5.1. Less than 400 CC

5.5.2. 400 to 800 CC

5.5.3. More than 800 CC

6. Regional Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/qsryti

View source version on businesswire.com:https://www.businesswire.com/news/home/20211221005437/en/

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KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 12/21/2021 08:15 AM/DISC: 12/21/2021 08:15 AM

http://www.businesswire.com/news/home/20211221005437/en