All-terrain Vehicle Market by Engine Capacity, Application, and Region - Forecast 2023-2027
- Published: Nov 2022
- Pages: 175
- SKU: IRTNTR71075
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The Global All-Terrain Vehicle market size is estimated to grow by USD 1,660.92 million between 2022 and 2027 and the size of the market is forecast to increase at a CAGR of 7.59%. ATVs used for mobility in the rocky and coastal regions are gaining attraction globally. ATV manufacturers are developing customized vehicles that are utilized in defense and navy applications. They are used for hunting, farming, and carrying small loads in rocky areas. Polaris Industries, Yamaha Motor, Honda Motor, and Kawasaki are the top leaders contributing to the growth of the all-terrain vehicle market. The ATVs are used for numerous jobs conducted on farms and ranches, such as livestock management, weed eradication, fence maintenance, and general transportation, which was embraced by the agricultural sector. The agricultural community remains the largest occupational user group of ATVs. Currently, ATVs are also used by the Army, the Marines, and the Special Operations Command. The Military first started to utilize ATVs in Afghanistan in 2004. For instance, the Oshkosh Defense MRAP All-Terrain Vehicle (M-ATV) Special Forces variant is built for the uncertainties of the battlefield. Legal limitations related to ATVs may sustain the market growth but the opportunities for advancement in autonomous ATVs, growing use of ATVs in recreational, sports, and military applications, and growing penetration of CVT systems in ATVs will open doors for different market players to capture the ATV market.
This report extensively covers market segmentation by engine capacity (400cc-800cc, below 400cc, and above 800cc), application (recreational, sports, agriculture, and military and defense), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will the Size of the All-terrain Vehicle Market be During the Forecast Period?
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All-terrain Vehicle Market: Key Drivers, Trends, Challenges, and Customer Landscape
The growing use of ATVs in recreational, sports, and military applications is notably driving the market growth, although factors such as environmental concerns due to the increasing use of ATVs may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key All-terrain Vehicle Market Driver
The growing use of ATVs in recreational, sports, and military applications is notably driving the market growth. The global all-terrain vehicles market is experiencing increased demand because of the ability of ATVs to move quickly in mountainous and rocky terrain. People in the US are using ATVs in forests, agricultural lands, and mountains. ATVs, also known as quad bikes, have the ability to operate in different terrain conditions, such as in mud, water, and rough areas. This gives them the advantage of operating in different regions. Manufacturers will have the opportunity to expand their market into countries in the African continent where people find it difficult to travel inside forest areas.
The preference for recreational activities and adventure among consumers globally, especially among tourists, is growing each passing year. These activities include off-roading, mountain racing, and dirt racing, where ATVs have wide applications. The use of ATVs for military purposes has also increased, where these vehicles are used extensively for transportation purposes to remote areas. These factors are driving the use of ATVs and contributing to the growth of the market during the forecast period.
Key All-terrain Vehicle Market Trend
The increasing number of ATV experience zones is a key trend influencing the All-terrain Vehicle Market growth. To increase the awareness and popularity of ATVs among consumers, several prominent ATV manufacturers have been conducting activities and events to promote ATVs. Prominent ATV manufacturers are promoting the popularity of ATVs among consumers through awareness activities. They are also making consistent efforts to expand their dealership networks across North America and Europe.
For instance, Polaris Inc. has been developing Polaris Experience Zones (PEZs) in countries such as the US, Germany, and India to increase its customer base. In India, Polaris has experience zones in many states, including Maharashtra and Karnataka. PEZ is an arena that is focused on outdoor, off-road, and adventure activities. It comprises a specially designed track, which provides the rider with a real-life off-roading experience. In such experience zones, riders and off-road enthusiasts get a chance to experience off-road vehicles such as ATVs, which creates more visibility about ATVs among consumers and drives market sales. There has been an increase in the number of PEZs over the past five years. Thus, the increasing number of ATV experience zones is expected to boost market growth during the forecast period.
Key All-terrain Vehicle Market Challenge
The environmental concerns due to the increasing use of ATVs may impede the market growth. ATVs are designed to aid in easy transportation on rough terrain and uneven off-road surfaces. However, their off-roading capabilities have adverse effects on the environment, which is challenging the growth of the market. According to biologists, the use of ATVs and other off-highway vehicles can damage the characteristics of the soil on which they are driven. This is because riding ATVs can lead to soil erosion and increase the bulk density, strength, and permeability of the soil.
In addition, soil compaction increases over time. As compaction increases, the ability of the soil to support vegetation and plant growth diminishes. This is due to changes in the structure of the soil, which restricts the growth of root systems and reduces the permeability of the soil. Moreover, behavioral changes and physiological responses in wild animals due to off-road activities are impacting the entire wildlife population. Such environmental factors will pose a challenge to the growth of the market during the forecast period.
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Key All-terrain Vehicle Market Customer Landscape
The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global All-terrain Vehicle Market Customer Landscape
Who are the Major All-terrain Vehicle Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bombardier Recreational Products Inc.:The company offers all-terrain vehicles such as snowmobiles
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- BMS Motorsports Inc.
- HISUN Motors Corp.
- Honda Motor Co. Ltd
- Kayo USA
- Kubota Corp.
- 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.
- Mahindra and Mahindra Ltd.
- Kawasaki Heavy Industries Ltd.
- ZHEJIANG CFMOTO POWER Co. Ltd.
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What are the Fastest-Growing Segments in the All-terrain Vehicle Market?
The market share growth by the 400cc-800cc segment will be significant during the forecast period. There is a wide range of terrain vehicles that comes under the 400cc-800cc segment, which is heavier compared to below 400cc terrain bikes. Such terrain bikes are more powerful and are designed for more rough terrains. All-terrain bikes with engine capacity of 400cc-800cc have been widely used in the army, the marines, and the special operations command. ATVs provide individuals with all-terrain mobility to deploy special operations forces in harsh environments and across a variety of special operations missions.
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The 400cc-800cc segment shows a gradual increase in the market share of USD 1,410.33 million in 2017 and continue to grow by 2021. Sport ATVs are a lot of fun for drivers looking for adrenaline rushes, but ATVs made and utilized for practical purposes have begun to gain popularity. On the other hand, utility ATVs are designed specifically to be simpler to tow and tote. They are often highly practical and built to tackle a variety of terrains. ATVs used by military personnel have more adaptable designs and are constructed in a way that allows them to give users the responsiveness and mobility they require. Thus, ATVs with 400cc-800cc have all these features, which increase their demand from the military and other special operation forces and can also be used in adventure sports. Such factors will boost the growth of the 400cc-800cc segment of the global ATV market during the forecast period.
Which are the Key Regions for the All-terrain Vehicle Market?
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North America is projected to contribute 56% of the market's growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
North American countries such as Canada and the US are the major revenue-generating countries for ATVs. The high popularity of and demand for off-road vehicles such as ATVs in the US and Canada have contributed to regional market share. In addition, the presence of numerous off-road adventure activities in North America has also played an important role in driving the popularity and sales of ATVs. Another factor that supports the growth of the market in these countries is the introduction of ATVs with automatic transmission systems by various vendors.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment in North America. However, the adoption of digital technologies in supply chain operations and the increasing trend of online shopping are further expected to drive the growth of the regional ATV market during the forecast period. Also, the adoption of smart manufacturing, increasing adoption of digital technologies in supply chain operations, and government initiatives to revive the growth of the regional economy will foster the growth of the regional ATV market during the forecast period.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by engine capacity, application, and region.
- Engine Capacity Outlook ( USD Million, 2017 - 2027)
- 400cc-800cc
- Below 400cc
- Above 800cc),
- Application Outlook ( USD Million, 2017 - 2027)
- Recreational
- Sports
- Agriculture
- Military and defense
- Region Outlook ( USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Argentina
- Brazil
- North America
Parent Market Analysis
The reports categorize the global all-terrain vehicle market as a part of the global leisure products industry within the global household durables market. The parent market, the global leisure products market, covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
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All-terrain Vehicle Market Scope |
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Report Coverage |
Details |
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Page number |
175 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.59% |
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Market growth 2023-2027 |
USD 1,660.92 million |
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Market structure |
Fragmented |
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YoY growth (%) |
7.24 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 56% |
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Key countries |
US, Canada, Australia, Germany, and France |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
BMS Motorsports Inc., Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd, Kayo USA, Kubota Corp., 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., Mahindra and Mahindra Ltd., Kawasaki Heavy Industries Ltd., and ZHEJIANG CFMOTO POWER Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this All-terrain Vehicle Market Report?
- CAGR of the market during the forecast period.
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the size of the all-terrain vehicle market and its contribution to the parent market.
- Accurate predictions about upcoming trends and changes in consumer behaviour.
- Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America.
- A thorough analysis of the market’s competitive landscape and detailed information about vendors.
- Comprehensive analysis of factors that will challenge the growth of all-terrain vehicle market vendors.
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Engine Capacity
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global all-terrain vehicle market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global all-terrain vehicle market 2017 - 2021 ($ million)
- 4.2 Engine capacity Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Engine capacity Segment 2017 - 2021 ($ million)
- 4.3 Applicaton Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Applicaton Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Engine Capacity
- 6.1 Market segments
- Exhibit 30: Chart on Engine Capacity - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Engine Capacity - Market share 2022-2027 (%)
- 6.2 Comparison by Engine Capacity
- Exhibit 32: Chart on Comparison by Engine Capacity
- Exhibit 33: Data Table on Comparison by Engine Capacity
- 6.3 400cc-800cc - Market size and forecast 2022-2027
- Exhibit 34: Chart on 400cc-800cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on 400cc-800cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on 400cc-800cc - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on 400cc-800cc - Year-over-year growth 2022-2027 (%)
- 6.4 Below 400cc - Market size and forecast 2022-2027
- Exhibit 38: Chart on Below 400cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Below 400cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Below 400cc - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Below 400cc - Year-over-year growth 2022-2027 (%)
- 6.5 Above 800cc - Market size and forecast 2022-2027
- Exhibit 42: Chart on Above 800cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Above 800cc - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Above 800cc - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Above 800cc - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Engine Capacity
- Exhibit 46: Market opportunity by Engine Capacity ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 47: Chart on Application - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 49: Chart on Comparison by Application
- Exhibit 50: Data Table on Comparison by Application
- 7.3 Recreational - Market size and forecast 2022-2027
- Exhibit 51: Chart on Recreational - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Recreational - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Recreational - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Recreational - Year-over-year growth 2022-2027 (%)
- 7.4 Sports - Market size and forecast 2022-2027
- Exhibit 55: Chart on Sports - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Sports - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Sports - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Sports - Year-over-year growth 2022-2027 (%)
- 7.5 Agriculture - Market size and forecast 2022-2027
- Exhibit 59: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
- 7.6 Military and defense - Market size and forecast 2022-2027
- Exhibit 63: Chart on Military and defense - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Military and defense - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Military and defense - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Military and defense - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Application
- Exhibit 67: Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 Australia - Market size and forecast 2022-2027
- Exhibit 101: Chart on Australia - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Australia - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Australia - Year-over-year growth 2022-2027 (%)
- 9.11 France - Market size and forecast 2022-2027
- Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 109: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 113: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 114: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 117: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 118: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification
- 12.3 Bombardier Recreational Products Inc.
- Exhibit 120: Bombardier Recreational Products Inc. - Overview
- Exhibit 121: Bombardier Recreational Products Inc. - Business segments
- Exhibit 122: Bombardier Recreational Products Inc. - Key offerings
- Exhibit 123: Bombardier Recreational Products Inc. - Segment focus
- 12.4 HISUN Motors Corp.
- Exhibit 124: HISUN Motors Corp. - Overview
- Exhibit 125: HISUN Motors Corp. - Product / Service
- Exhibit 126: HISUN Motors Corp. - Key offerings
- 12.5 Honda Motor Co. Ltd
- Exhibit 127: Honda Motor Co. Ltd - Overview
- Exhibit 128: Honda Motor Co. Ltd - Business segments
- Exhibit 129: Honda Motor Co. Ltd - Key news
- Exhibit 130: Honda Motor Co. Ltd - Key offerings
- Exhibit 131: Honda Motor Co. Ltd - Segment focus
- 12.6 Kawasaki Heavy Industries Ltd.
- Exhibit 132: Kawasaki Heavy Industries Ltd. - Overview
- Exhibit 133: Kawasaki Heavy Industries Ltd. - Business segments
- Exhibit 134: Kawasaki Heavy Industries Ltd. - Key news
- Exhibit 135: Kawasaki Heavy Industries Ltd. - Key offerings
- Exhibit 136: Kawasaki Heavy Industries Ltd. - Segment focus
- 12.7 Mahindra and Mahindra Ltd.
- Exhibit 137: Mahindra and Mahindra Ltd. - Overview
- Exhibit 138: Mahindra and Mahindra Ltd. - Business segments
- Exhibit 139: Mahindra and Mahindra Ltd. - Key news
- Exhibit 140: Mahindra and Mahindra Ltd. - Key offerings
- Exhibit 141: Mahindra and Mahindra Ltd. - Segment focus
- 12.8 Nebula Automotive Pvt. Ltd.
- Exhibit 142: Nebula Automotive Pvt. Ltd. - Overview
- Exhibit 143: Nebula Automotive Pvt. Ltd. - Product / Service
- Exhibit 144: Nebula Automotive Pvt. Ltd. - Key offerings
- 12.9 Polaris Inc.
- Exhibit 145: Polaris Inc. - Overview
- Exhibit 146: Polaris Inc. - Business segments
- Exhibit 147: Polaris Inc. - Key offerings
- Exhibit 148: Polaris Inc. - Segment focus
- 12.10 SHERP
- Exhibit 149: SHERP - Overview
- Exhibit 150: SHERP - Business segments
- Exhibit 151: SHERP - Key offerings
- Exhibit 152: SHERP - Segment focus
- 12.11 Suzuki Motor Corp.
- Exhibit 153: Suzuki Motor Corp. - Overview
- Exhibit 154: Suzuki Motor Corp. - Business segments
- Exhibit 155: Suzuki Motor Corp. - Key offerings
- Exhibit 156: Suzuki Motor Corp. - Segment focus
- 12.12 Taiwan Golden Bee Co. Ltd.
- Exhibit 157: Taiwan Golden Bee Co. Ltd. - Overview
- Exhibit 158: Taiwan Golden Bee Co. Ltd. - Product / Service
- Exhibit 159: Taiwan Golden Bee Co. Ltd. - Key offerings
- 12.13 Tao Motor Inc.
- Exhibit 160: Tao Motor Inc. - Overview
- Exhibit 161: Tao Motor Inc. - Business segments
- Exhibit 162: Tao Motor Inc. - Key offerings
- Exhibit 163: Tao Motor Inc. - Segment focus
- 12.14 Textron Inc.
- Exhibit 164: Textron Inc. - Overview
- Exhibit 165: Textron Inc. - Business segments
- Exhibit 166: Textron Inc. - Key news
- Exhibit 167: Textron Inc. - Key offerings
- Exhibit 168: Textron Inc. - Segment focus
- 12.15 TOMCAR
- Exhibit 169: TOMCAR - Overview
- Exhibit 170: TOMCAR - Business segments
- Exhibit 171: TOMCAR - Key offerings
- Exhibit 172: TOMCAR - Segment focus
- 12.16 Yamaha Motor Co. Ltd.
- Exhibit 173: Yamaha Motor Co. Ltd. - Overview
- Exhibit 174: Yamaha Motor Co. Ltd. - Business segments
- Exhibit 175: Yamaha Motor Co. Ltd. - Key news
- Exhibit 176: Yamaha Motor Co. Ltd. - Key offerings
- Exhibit 177: Yamaha Motor Co. Ltd. - Segment focus
- 12.17 ZHEJIANG CFMOTO POWER Co. Ltd.
- Exhibit 178: ZHEJIANG CFMOTO POWER Co. Ltd. - Overview
- Exhibit 179: ZHEJIANG CFMOTO POWER Co. Ltd. - Product / Service
- Exhibit 180: ZHEJIANG CFMOTO POWER Co. Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 181: Inclusions checklist
- Exhibit 182: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 183: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 184: Research methodology
- Exhibit 185: Validation techniques employed for market sizing
- Exhibit 186: Information sources
- 13.5 List of abbreviations
- Exhibit 187: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Canada
- Australia
- Germany
- France
- Growing use of ATVs in recreational, sports, and military applications
- Increasing number of ATV experience zones
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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