All-Terrain Vehicle - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global All-Terrain Vehicle market is accounted for $3.95 billion in 2019 and is expected to reach $5.29 billion by 2027 growing at a CAGR of 3.7% during the forecast period. Some of the key factors propelling the market growth are growing demand for ATVS in agriculture, rising buying power and expenditure capacity of individuals. However, high accident rates are the restraining factor for the growth of the market.
All-terrain vehicles also known as quad bikes, are vehicles with big and robust tires with short tire pressure, a wide seat that helps the driver to be seated in a easy position and are is fitted with a broad length handlebar permit easy control and maneuverability to the driver. This automobile is designed to be ridden preferably as a single seater or with a pillion rider. The vehicle is designed to handle a large variety of terrains compared to other automobiles, which is not legal to be ridden on the streets of majority of countries, and thus, necessitate special permission for driving on the streets. All-terrain vehicles are generally designed to be ridden by a single operator, though some manufacturers design these vehicles to be ridden by the operator as well as the pillion riding passenger.
By type, sport ATV segment is expected to grow at the significant market share during the forecast period due to prepared with stiffer suspensions, lesser center of gravity, and are lighter weight as compared to utility ATVs. Sports ATVs are offers with superior and more proficient engines, providing them the capability to attain and maintain lofty speeds for extended periods of time. This makes the sports ATVs suitable for sporty recreational and racing applications. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to factors such as developed economy, superior disposable income of the residents, approaching electric vehicle projects, and government rules regarding ATVs. The region has numerous off-road terrain parks and trails such as River Valley Motocross, Rocky Ridge Ranch, and Northwest Off-Highway Vehicle Park.
Some of the key players in All-Terrain Vehicle Market include Baltmotors, Bennche, BRP, Cfmoto, Ecocharger, Hisun, Honda, John Deere, Kawasaki, KTM, Linhai, Polaris, Suzuki, Textron, Velomotors and Yamaha.
Types Covered:
• Recreational
• Sport ATV
• Touring
• Turf
• Utility ATV
• Youth ATV
Engine Capacities Covered:
• <400 CC
• 400 to 800 CC
• >800 CC
Fuel Types Covered:
• Electric ATV
• Gasoline
Number of Wheels Covered:
• Four Wheel
• > Four Wheel
• Six Wheel
• Eight Wheel
Seating Capacities Covered:
• One seat
• Two seats
Drive Types Covered:
• AWD
• 2WD
• 4WD
Displacements Covered:
• Low CC
• Mid CC
• High CC
Braking Systems Covered:
• Hydraulically Actuated Disc Brake
• Drum Brake
Applications Covered:
• Professional
• Mountains
• Sports
• Entertainment
• Agriculture
• Military & Defense
• Hunting & Forestry
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global All-Terrain Vehicle Market, By Type
5.1 Introduction
5.2 Recreational
5.3 Sport ATV
5.4 Touring
5.5 Turf
5.6 Utility ATV
5.7 Youth ATV
6 Global All-Terrain Vehicle Market, By Engine Capacity
6.1 Introduction
6.2 <400 CC
6.3 400 to 800 CC
6.4 >800 CC
7 Global All-Terrain Vehicle Market, By Fuel Type
7.1 Introduction
7.2 Electric ATV
7.3 Gasoline
8 Global All-Terrain Vehicle Market, By Number of Wheels
8.1 Introduction
8.2 Four Wheel
8.3 > Four Wheel
8.4 Six Wheel
8.5 Eight Wheel
9 Global All-Terrain Vehicle Market, By Seating Capacity
9.1 Introduction
9.2 One seat
9.3 Two seats
10 Global All-Terrain Vehicle Market, By Drive Type
10.1 Introduction
10.2 AWD
10.3 2WD
10.4 4WD
11 Global All-Terrain Vehicle Market, By Displacement
11.1 Introduction
11.2 Low CC
11.3 Mid CC
11.4 High CC
12 Global All-Terrain Vehicle Market, By Braking System
12.1 Introduction
12.2 Hydraulically Actuated Disc Brake
12.3 Drum Brake
13 Global All-Terrain Vehicle Market, By Application
13.1 Introduction
13.2 Professional
13.3 Mountains
13.4 Sports
13.5 Entertainment
13.6 Agriculture
13.7 Military & Defense
13.8 Hunting & Forestry
14 Global All-Terrain Vehicle Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 Baltmotors
16.2 Bennche
16.3 BRP
16.4 Cfmoto
16.5 Ecocharger
16.6 Hisun
16.7 Honda
16.8 John Deere
16.9 Kawasaki
16.10 KTM
16.11 Linhai
16.12 Polaris
16.13 Suzuki
16.14 Textron
16.15 Velomotors
16.16 Yamaha
List of Tables
1 Global All-Terrain Vehicle Market Outlook, By Region (2018-2027) ($MN)
2 Global All-Terrain Vehicle Market Outlook, By Type (2018-2027) ($MN)
3 Global All-Terrain Vehicle Market Outlook, By Recreational (2018-2027) ($MN)
4 Global All-Terrain Vehicle Market Outlook, By Sport ATV (2018-2027) ($MN)
5 Global All-Terrain Vehicle Market Outlook, By Touring (2018-2027) ($MN)
6 Global All-Terrain Vehicle Market Outlook, By Turf (2018-2027) ($MN)
7 Global All-Terrain Vehicle Market Outlook, By Utility ATV (2018-2027) ($MN)
8 Global All-Terrain Vehicle Market Outlook, By Youth ATV (2018-2027) ($MN)
9 Global All-Terrain Vehicle Market Outlook, By Engine Capacity (2018-2027) ($MN)
10 Global All-Terrain Vehicle Market Outlook, By <400 CC (2018-2027) ($MN)
11 Global All-Terrain Vehicle Market Outlook, By 400 to 800 CC (2018-2027) ($MN)
12 Global All-Terrain Vehicle Market Outlook, By >800 CC (2018-2027) ($MN)
13 Global All-Terrain Vehicle Market Outlook, By Fuel Type (2018-2027) ($MN)
14 Global All-Terrain Vehicle Market Outlook, By Electric ATV (2018-2027) ($MN)
15 Global All-Terrain Vehicle Market Outlook, By Gasoline (2018-2027) ($MN)
16 Global All-Terrain Vehicle Market Outlook, By Number of Wheels (2018-2027) ($MN)
17 Global All-Terrain Vehicle Market Outlook, By Four Wheel (2018-2027) ($MN)
18 Global All-Terrain Vehicle Market Outlook, By > Four Wheel (2018-2027) ($MN)
19 Global All-Terrain Vehicle Market Outlook, By Six Wheel (2018-2027) ($MN)
20 Global All-Terrain Vehicle Market Outlook, By Eight Wheel (2018-2027) ($MN)
21 Global All-Terrain Vehicle Market Outlook, By Seating Capacity (2018-2027) ($MN)
22 Global All-Terrain Vehicle Market Outlook, By One seat (2018-2027) ($MN)
23 Global All-Terrain Vehicle Market Outlook, By Two seats (2018-2027) ($MN)
24 Global All-Terrain Vehicle Market Outlook, By Drive Type (2018-2027) ($MN)
25 Global All-Terrain Vehicle Market Outlook, By AWD (2018-2027) ($MN)
26 Global All-Terrain Vehicle Market Outlook, By 2WD (2018-2027) ($MN)
27 Global All-Terrain Vehicle Market Outlook, By 4WD (2018-2027) ($MN)
28 Global All-Terrain Vehicle Market Outlook, By Displacement (2018-2027) ($MN)
29 Global All-Terrain Vehicle Market Outlook, By Low CC (2018-2027) ($MN)
30 Global All-Terrain Vehicle Market Outlook, By Mid CC (2018-2027) ($MN)
31 Global All-Terrain Vehicle Market Outlook, By High CC (2018-2027) ($MN)
32 Global All-Terrain Vehicle Market Outlook, By Braking System (2018-2027) ($MN)
33 Global All-Terrain Vehicle Market Outlook, By Hydraulically Actuated Disc Brake (2018-2027) ($MN)
34 Global All-Terrain Vehicle Market Outlook, By Drum Brake (2018-2027) ($MN)
35 Global All-Terrain Vehicle Market Outlook, By Application (2018-2027) ($MN)
36 Global All-Terrain Vehicle Market Outlook, By Professional (2018-2027) ($MN)
37 Global All-Terrain Vehicle Market Outlook, By Mountains (2018-2027) ($MN)
38 Global All-Terrain Vehicle Market Outlook, By Sports (2018-2027) ($MN)
39 Global All-Terrain Vehicle Market Outlook, By Entertainment (2018-2027) ($MN)
40 Global All-Terrain Vehicle Market Outlook, By Agriculture (2018-2027) ($MN)
41 Global All-Terrain Vehicle Market Outlook, By Military & Defense (2018-2027) ($MN)
42 Global All-Terrain Vehicle Market Outlook, By Hunting & Forestry (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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