The new report by Expert Market Research titled, ‘Global All-Terrain Vehicle Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global all-terrain vehicle market, assessing the market based on its segments like drive type, fuel type, application, engine capacity, seating capacity, type, number of wheels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/all-terrain-vehicle-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 4.22 billion
- Forecast CAGR (2023-2028): 2.67%
- Forecast Market Size (2028): USD 4.33 billion
The all-terrain vehicle market is witnessing substantial growth owing to the increasing demand in sports, agricultural, and military applications. Reasons like government regulations pertaining to designs, economical growth, emergence of new technologies, growing disposable income, and new projects related to electric vehicles have triggered the demand for all-terrain vehicles. Moreover, because of the large demand in applications like construction, mining, forestry, hunting, and entertainment, the market is likely to witness considerable growth over the forecast period.
Industry Definition and Major Segments
An all-terrain vehicle (ATV), also called a quad bike or light utility vehicle (LUV), is a vehicle that traverses on tires with low-pressure and has a seat that is straddled by the rider, while also having handlebars for steering the vehicle.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/all-terrain-vehicle-market
The industry can be broken down based on drive type into:
• 2WD
• 4WD
• AWD
Based on fuel type, the market is bifurcated into:
• Electric ATV
• Gasoline ATV
The market can be categorized by application into:
• Sports
• Entertainment
• Agriculture
• Military and Defense
• Hunting and Forestry
Based on engine capacity, the industry is classified into:
• <400 CC
• 400 to 800 CC
• >800 CC
By seating capacity, the market can be divided into:
• One-Seat ATV
• Two-Seat ATV
The industry is segmented based on type into:
• Utility ATV
• Sport ATV
The market can be bifurcated by number of wheels into:
• Four-Wheel
• >Four-Wheel
Regionally, the industry is segmented into:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Market Trends
Recently, some key industrial developments have showcased the potential to drive the growth of the market over the forecast period. For example, Polaris announced the launching of the new Sportsman 570 and Sportsman 450 H.O. in August 2020, thus strengthening its already industry-leading ATV product line for 2021. Polaris improved on the popular sportsman characteristics that riders fancy, thus further raising the standards set by the firm in the ATV market.
Key Market Players
The major players in the market are Polaris Inc., Textron Inc., Honda Motor Co. Ltd., Kawasaki Motors Corp., Suzuki Motor Corporation, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global Digital OOH Market: https://www.expertmarketresearch.com/reports/digital-ooh-market
Global Digital Map Market: https://www.expertmarketresearch.com/reports/digital-map-market
Global Data Centre Security Solutions Market: https://www.expertmarketresearch.com/reports/data-center-security-solutions-market
Global Data Centre Network Infrastructure Market: https://www.expertmarketresearch.com/reports/data-center-network-infrastructure-market
Global Data Centre Market: https://www.expertmarketresearch.com/reports/data-center-market
Global Data Centre Automation Software Market: https://www.expertmarketresearch.com/reports/data-center-automation-software-market
Global Data Annotation Tools Market: https://www.expertmarketresearch.com/reports/data-annotation-tools-market
Global Crowdsourced Testing Market: https://www.expertmarketresearch.com/reports/crowdsourced-testing-market
Global Corn Steep Liquor (CSL) Market: https://www.expertmarketresearch.com/reports/corn-steep-liquor-market
Global Coriander Oil Market: https://www.expertmarketresearch.com/reports/coriander-oil-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
To get more insights on the topic, click here: https://expertmarketresearch-emr.blogspot.com/
Also, Check Procurement Resources which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
