Power Sports Market
PUBLISHED: 2019 ID: SMRC18271
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Power Sports Market

Power Sports - Global Market Outlook (2017-2026)

4.5 (63 reviews)
4.5 (63 reviews)
Published: 2019 ID: SMRC18271

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Power Sports Market is accounted for $9.62 billion in 2017 and is expected to reach $16.38 billion by 2026 growing at a CAGR of 6.1% during the forecast period. Some of the key factors influencing the market growth include growing high net worth population and wealth, growing penetration of off-road recreational activities across the globe and increased powerboat sales. However, High ownership cost in conjunction with increased carbon emissions is hampering the market growth.

Power sports are a subset of the summed up classification motorsports. Power sports vehicles generally have high powered engines and these vehicles are majorly used for recreational and utility purposes.

Based on the vehicle, Side by side vehicles has significant growth in the power sports market size during the forecast period, owing to the installation of structures including roll-cage enclosures and individual seatbelts for superior safety.

By Geography, Asia Pacific is expected to grow at the considerable market share during the forecast period, owing to the increased adoption of ATV’s and SSV’s across the region. Industry players are strengthening distribution and sales network to enhance the availability and accessibility for power sports vehicles.

Some of the key players in global power sports market are John Deere, BRP Inc., Zero Motorcycles, Polaris Industries Inc., Suzuki Motors, Harley Davidson, Kawasaki Heavy Industries, Ltd., Yahama Motors Co., Ltd., Kubota Corporation, Honda Motor Co., Ltd., Triumph, Textron Inc., BMW Motorrad, HISUN Motor and KYMCO.

Models Covered:
• Multi Personal Models
• Sit Down
• Stand Up

Vehicles Covered:
• Snowmobile
• Side By Side Vehicles
• Heavyweight Motorcycle
• All-Terrain Vehicles
• Personal Watercrafts
• Other Vehicles

Applications Covered:
• Water Entertainment
• Ground Entertainment
• Air Entertainment

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
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
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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 clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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 Futuristic Market Scenario      
          
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 Power Sports Market, By Model      
 5.1 Introduction       
 5.2 Multi Personal Models      
 5.3 Sit Down         
 5.4 Stand Up        
          
6 Global Power Sports Market, By Vehicle      
 6.1 Introduction       
 6.2 Snowmobile       
  6.2.1 Crossover Snowmobile     
  6.2.2 Utility Snowmobile      
  6.2.3 Mountain Snowmobile     
  6.2.4 Touring Snowmobile     
  6.2.5 Cross Country Snowmobile     
  6.2.6 Other Snowmobiles      
 6.3 Side By Side Vehicles      
  6.3.1 Recreational Side By Side Vehicle    
  6.3.2 Touring Side By Side Vehicle     
  6.3.3 Utility Side By Side Vehicle     
  6.3.4 Sports Side By Side Vehicle     
  6.3.5 Other Side By Side Vehicles     
 6.4 Heavyweight Motorcycle      
  6.4.1 Touring Motorcycle      
  6.4.2 Cruiser Motorcycle      
  6.4.3 Other Motorcycles      
 6.5 All-Terrain Vehicles       
  6.5.1 Sports All-Terrain Vehicle     
  6.5.2 Utility All-Terrain Vehicle     
  6.5.3 Touring All-Terrain Vehicle     
  6.5.4 Recreational All-Terrain Vehicle    
  6.5.5 Other All-Terrain Vehicles     
 6.6 Personal Watercrafts      
  6.6.1 Muscle Watercraft      
  6.6.2 Performance Watercraft     
  6.6.3 Recreational Watercraft     
  6.6.4 Luxury Watercraft      
  6.6.5 Sports Watercraft      
 6.7 Other Vehicles       
          
7 Global Power Sports Market, By Application     
 7.1 Introduction       
 7.2 Water Entertainment      
 7.3 Ground Entertainment      
 7.4 Air Entertainment       
          
8 Global Power Sports Market, By Geography     
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 John Deere       
 10.2 BRP Inc.        
 10.3 Zero Motorcycles        
 10.4 Polaris Industries Inc.      
 10.5 Suzuki Motors       
 10.6 Harley Davidson       
 10.7 Kawasaki Heavy Industries, Ltd.     
 10.8 Yahama Motors Co., Ltd.      
 10.9 Kubota Corporation        
 10.10 Honda Motor Co., Ltd.      
 10.11 Triumph         
 10.12 Textron Inc.       
 10.13 BMW Motorrad        
 10.14 HISUN Motor       
 10.15 KYMCO         


List of Tables         
1 Global Power Sports Market Outlook, By Region (2016-2026) ($MN)   
2 Global Power Sports Market Outlook, By Model (2016-2026) ($MN)   
3 Global Power Sports Market Outlook, By Multi Personal Models (2016-2026) ($MN)  
4 Global Power Sports Market Outlook, By Sit Down (2016-2026) ($MN)   
5 Global Power Sports Market Outlook, By Stand Up (2016-2026) ($MN)   
6 Global Power Sports Market Outlook, By Vehicle (2016-2026) ($MN)   
7 Global Power Sports Market Outlook, By Snowmobile (2016-2026) ($MN)  
8 Global Power Sports Market Outlook, By Crossover Snowmobile (2016-2026) ($MN) 
9 Global Power Sports Market Outlook, By Utility Snowmobile (2016-2026) ($MN)  
10 Global Power Sports Market Outlook, By Mountain Snowmobile (2016-2026) ($MN)  
11 Global Power Sports Market Outlook, By Touring Snowmobile (2016-2026) ($MN)  
12 Global Power Sports Market Outlook, By Cross Country Snowmobile (2016-2026) ($MN) 
13 Global Power Sports Market Outlook, By Other Snowmobiles (2016-2026) ($MN)  
14 Global Power Sports Market Outlook, By Side By Side Vehicles (2016-2026) ($MN)  
15 Global Power Sports Market Outlook, By Recreational Side By Side Vehicle (2016-2026) ($MN)
16 Global Power Sports Market Outlook, By Touring Side By Side Vehicle (2016-2026) ($MN) 
17 Global Power Sports Market Outlook, By Utility Side By Side Vehicle (2016-2026) ($MN) 
18 Global Power Sports Market Outlook, By Sports Side By Side Vehicle (2016-2026) ($MN) 
19 Global Power Sports Market Outlook, By Other Side By Side Vehicles (2016-2026) ($MN) 
20 Global Power Sports Market Outlook, By Heavyweight Motorcycle (2016-2026) ($MN) 
21 Global Power Sports Market Outlook, By Touring Motorcycle (2016-2026) ($MN)  
22 Global Power Sports Market Outlook, By Cruiser Motorcycle (2016-2026) ($MN)  
23 Global Power Sports Market Outlook, By Other Motorcycles (2016-2026) ($MN)  
24 Global Power Sports Market Outlook, By All-Terrain Vehicles (2016-2026) ($MN)  
25 Global Power Sports Market Outlook, By Sports All-Terrain Vehicle (2016-2026) ($MN) 
26 Global Power Sports Market Outlook, By Utility All-Terrain Vehicle (2016-2026) ($MN) 
27 Global Power Sports Market Outlook, By Touring All-Terrain Vehicle (2016-2026) ($MN) 
28 Global Power Sports Market Outlook, By Recreational All-Terrain Vehicle (2016-2026) ($MN) 
29 Global Power Sports Market Outlook, By Other All-Terrain Vehicles (2016-2026) ($MN) 
30 Global Power Sports Market Outlook, By Personal watercraft (2016-2026) ($MN)  
31 Global Power Sports Market Outlook, By Muscle Watercraft (2016-2026) ($MN)  
32 Global Power Sports Market Outlook, By Performance Watercraft (2016-2026) ($MN) 
33 Global Power Sports Market Outlook, By Recreational Watercraft (2016-2026) ($MN) 
34 Global Power Sports Market Outlook, By Luxury Watercraft (2016-2026) ($MN)  
35 Global Power Sports Market Outlook, By Sports Watercraft (2016-2026) ($MN)  
36 Global Power Sports Market Outlook, By Other Vehicles (2016-2026) ($MN)  
37 Global Power Sports Market Outlook, By Application (2016-2026) ($MN)   
38 Global Power Sports Market Outlook, By Water Entertainment (2016-2026) ($MN)  
39 Global Power Sports Market Outlook, By Ground Entertainment (2016-2026) ($MN)  
40 Global Power Sports Market Outlook, By Air Entertainment (2016-2026) ($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


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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