All Terrain Vehicle Market research report contains complete background analysis of industry, which includes an assessment of the parental market. The base year for calculation in the report is considered as 2019 while the historic year is 2018 which suggests how the All Terrain Vehicle Market is going to perform in the forecast years by informing about the market definition, classifications, applications, and engagements. In the regional analysis section of the report, it has been revealed that how different regions and countries are growing in the worldwide market and have predicted their market sizes for the next few years. Each of the topics enclosed in the All Terrain Vehicle Market report is studied very well to get clear idea about all the factors that are influencing the market growth.
The All Terrain Vehicle Market report endows with a good market data which seems very valuable while preparing management and strategic presentations. The market analysis report also helps to know about the recent events and developments. Market key developments considers the crucial improvements of the market, containing research and development, new item dispatch, pronouncement, coordinated efforts, associations, joint aspire, and territorial development of the key rivals working in the market on a global and local scale. This All Terrain Vehicle Market report integrates the exactly scrutinized and evaluated data of the top business players and their degree in the market by various methods, and techniques for a range of explanatory tools.
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Global All-Terrain Vehicle Market By Type (Utility, Sport, Youth), Drive Type (2WD, 4WD, AWD), Application (Sports, Entertainment, Agriculture, Military & Defense, Agriculture, Forestry, Mountains, Hunting, Others), Displacement (High CC, Mid CC, Low CC), Engine Capacity (Less than 400CC, 400-800CC, More than 800CC), Fuel Type (Electric ATV, Gasoline ATV), Seating Capacity (One-Seat ATV, Two-Seat ATV), Number of Wheels (Three-Wheel, Four-Wheel, Six-Wheel, Eight-Wheel), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global All-Terrain Vehicle Market
Global all-terrain vehicle market is expected to rise to an estimated value of USD 3.94 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing areas of applications for more than just entertainment/recreational purposes.
Market Definition: Global All-Terrain Vehicle Market
All-terrain vehicle, commonly known as quad bikes, is automobile that are built on low-pressure tires along with one or two seating capacity. These vehicles are designed for rough terrains and surfaces with large wheels to have better handling and control of the vehicle. These vehicles are very popular in the North America region with their applications ranging from agricultural, recreational, entertainment and military.
- Rapid rise in the recreational activities carried out by individuals; this factor is expected to drive the growth of the market
- Rise in the levels of individual incomes which has resulted in higher spending power is also expected to drive the growth of the market
- Technological innovations and advancements in vehicle development and performance is expected to drive the growth of the market
- Better operability and enhancement in usability for individuals is also expected to drive the growth of the market
- Concerns regarding the usage of the vehicle due to high-levels of accidents; this factor is expected to restrict the growth of the market
- Presence of strict regulations regarding the usage of ATV’s in wildlife areas; this factor is expected to restrict the growth of the market
- Presence of laws preventing the usage of these vehicles in public places such as roads, highways; this factor is expected to restrain the growth of the market
Segmentation: Global All-Terrain Vehicle Market
By Drive Type
- Two-Wheel Drive (2WD)
- Four-Wheel Drive (4WD)
- All-Wheel Drive (AWD)
- Military & Defense
- High CC
- Mid CC
- Low CC
By Engine Capacity
- Less than 400CC
- More than 800CC
By Fuel Type
- Electric All-Terrain Vehicle (ATV)
- Gasoline All-Terrain Vehicle (ATV)
By Seating Capacity
- One-Seat All-Terrain Vehicle (ATV)
- Two-Seat All-Terrain Vehicle (ATV)
By Number of Wheels
Key Developments in the Market:
- In January 2019, Textron Inc announced that they had agreed with TRACKER and signed a memorandum of understanding for the development of “TRACKER OFF ROAD”. This range of vehicles will include high performing all-terrain vehicles as well as side-by-sides of the highest performance. This partnership will provide consumers with highest levels of innovations and standards from the manufacturers in the form of this modernised vehicle range
- In March 2017, Textron Inc announced that they had completed the acquisition of Arctic Cat Inc. which has resulted in Arctic Cat being made into a subsidiary of Textron Inc. This acquisition improves the existing lineup of ATV’s, side-by-sides, snowmobiles with Textron’s “Specialized Vehicles” product offerings. The operations of Arctic Cat will be situated in Minnesota, United States and will positively improve the existing capabilities of Arctic Cat
Global all-terrain vehicle market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of all-terrain vehicle market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global all-terrain vehicle market are Polaris Industries, Inc.; BRP; HISUN; Textron Inc; American Honda Motor Co., Inc.; Kawasaki Motors Corp., U.S.A.; Yamaha Motor Corporation, U.S.A.; SUZUKI MOTOR CORPORATION; CFMOTO; Jiangsu Linhai Power Machinery Group Co.,Ltd; Bennche,LLC; Velomotors Group of Companies; Eco Charger; Baltmotors; Nebulaauto; CECTEK; Taiwan Golden Bee; KYMCO; Kässbohrer Geländefahrzeug AG and Kawasaki Heavy Industries, Ltd. among others.
This reports includes the following deliverable
- Macro Indicator Analysis
- Bleaching Agents Market Overview
- Market Dynamics
- Drivers, Restraints, Opportunities and Challenges
- Market sizing and growth analysis
- Global Bleaching Agents Market forecasting to 2025
- Market Competitive Landscape
- Product Launches and Pipeline Analysis
- Value Chain Analysis
- Market Mergers, Acquisitions and Agreements
- Company Profiles
This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the Global All Terrain Vehicle Market. It provides the market forecast to 2025, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.
Table Of Contents: Global All Terrain Vehicle Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Key Questions Answered in This Report
- What will the Global All Terrain Vehicle Market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
Key reason to Purchase the report
- To describe and forecast the Global All Terrain Vehicle Market, in terms of value, by process, product type, and industry.
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global All Terrain Vehicle Market growth
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the Global All Terrain Vehicle Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Key focus of the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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