세계의 SxS(ROV) 시장 : 규모별, 유형별, 용도별, 지역별 예측(2022-2032년)

Global SxS (ROV) Market is valued approximately at USD 13.1 billion in 2023 and is anticipated to grow with a growth rate of more than 4.44% over the forecast period 2024-2032. Side-by-Side (SxS) vehicles are versatile off-road machines built for both recreational and practical applications. They offer side-by-side seating for multiple passengers, come equipped with a protective roll cage, and boast advanced suspension systems for navigating rough terrain. SxS vehicles are widely used in agriculture, construction, and rescue operations, thanks to their capability to reach remote and challenging locations. Furthermore, rising integration of AI and Machine Learning are gaining attention towards Global SxS (ROV) Market. AI and ML enable data-driven insights for better fleet management and consumer understanding, fostering innovation and competitive differentiation. These technologies enhance safety through predictive maintenance and advanced driver-assistance systems, optimizing performance and efficiency with smart navigation and engine management. They also enrich user experience with personalized settings and intuitive controls.

Global SxS (ROV) Market is driven by rising demand of Miniaturized ROVs and rising number of outdoor recreational activities across the world. Miniaturized ROVs are more accessible to a wider range of consumers due to their smaller size and lower price point. They can be easily transported to various terrains, including tight trails and urban environments, expanding their usability beyond traditional off-road settings. Their versatility makes them appealing for recreational use, exploration, and even light commercial applications. In addition, SxS vehicles are often designed to accommodate multiple passengers, making them ideal for family outings and group adventures. The ability to share the excitement of off-road exploration with friends and loved ones adds to the appeal of owning an SxS vehicle. However, high cost of SxS (ROV) and lack of operational expertise is going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global SxS (ROV) market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the dominating regional market in terms of revenue owing to factors such as increase in disposable income across the region. Enhancing disposable income allows consumers to consider higher-end and customized SxS models that offer advanced features, enhanced performance, and luxury amenities, which contributes to the diversification of product offerings within the SxS market, catering to different preferences and lifestyles. Furthermore, the market in Asia Pacific, on the other hand, is expected to grow at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:

• Polaris Inc
• Bombardier Recreational Products Inc
• Honda Motor Co., Ltd
• Kawasaki Heavy Industries, Ltd
• Deere & Company
• Jiangsu Province Hisun Motor Vehicle Co., Ltd
• Kubota Corporation
• Yamaha Motor Company, Limited
• Zhejiang CFMoto Motor Co., Ltd.
• Textron Specialized Vehicles Inc

The detailed segments and sub-segment of the market are explained below:

By Type

• Below 35mph
• 35-69mph
• Above 69mph

By Application

• Work
• Entertainment

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:

• Historical year - 2022
• Base year - 2023
• Forecast period - 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global SxS (ROV) Market Definition and Research Assumptions

• 1.1. Research Objective
• 1.2. Market Definition
• 1.3. Research Assumptions
  • 1.3.1. Inclusion & Exclusion
  • 1.3.2. Limitations
  • 1.3.3. Supply Side Analysis
    • 1.3.3.1. Availability
    • 1.3.3.2. Infrastructure
    • 1.3.3.3. Regulatory Environment
    • 1.3.3.4. Market Competition
    • 1.3.3.5. Economic Viability (Consumer's Perspective)
  • 1.3.4. Demand Side Analysis
    • 1.3.4.1. Regulatory frameworks
    • 1.3.4.2. Technological Advancements
    • 1.3.4.3. Environmental Considerations
    • 1.3.4.4. Consumer Awareness & Acceptance
• 1.4. Estimation Methodology
• 1.5. Years Considered for the Study
• 1.6. Currency Conversion Rates

Chapter 2. Executive Summary

• 2.1. Global SxS (ROV) Market Size & Forecast (2022- 2032)
• 2.2. Regional Summary
• 2.3. Segmental Summary
  • 2.3.1. By Type
  • 2.3.2. By Application
• 2.4. Key Trends
• 2.5. Recession Impact
• 2.6. Analyst Recommendation & Conclusion

Chapter 3. Global SxS (ROV) Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Challenges
• 3.3. Market Opportunities

Chapter 4. Global SxS (ROV) Market: Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
  • 4.1.6. Futuristic Approach to Porter's 5 Force Model
  • 4.1.7. Porter's 5 Force Impact Analysis
• 4.2. PESTEL Analysis
  • 4.2.1. Political
  • 4.2.2. Economic
  • 4.2.3. Social
  • 4.2.4. Technological
  • 4.2.5. Environmental
  • 4.2.6. Legal
• 4.3. Top investment opportunity
• 4.4. Top winning strategies
• 4.5. Disruptive Trends
• 4.6. Industry Expert Perspective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global SxS (ROV) Market Size & Forecasts by Type 2022-2032

• 5.1. Below 35mph
• 5.2. 35-69mph
• 5.3. Above 69mph

Chapter 6. Global SxS (ROV) Market Size & Forecasts by Application 2022-2032

• 6.1. Work
• 6.2. Entertainment

Chapter 7. Global SxS (ROV) Market Size & Forecasts by Region 2022-2032

• 7.1. North America SxS (ROV) Market
  • 7.1.1. U.S. SxS (ROV) Market
    • 7.1.1.1. Type breakdown size & forecasts, 2022-2032
    • 7.1.1.2. Application breakdown size & forecasts, 2022-2032
  • 7.1.2. Canada SxS (ROV) Market
• 7.2. Europe SxS (ROV) Market
  • 7.2.1. U.K. SxS (ROV) Market
  • 7.2.2. Germany SxS (ROV) Market
  • 7.2.3. France SxS (ROV) Market
  • 7.2.4. Spain SxS (ROV) Market
  • 7.2.5. Italy SxS (ROV) Market
  • 7.2.6. Rest of Europe SxS (ROV) Market
• 7.3. Asia-Pacific SxS (ROV) Market
  • 7.3.1. China SxS (ROV) Market
  • 7.3.2. India SxS (ROV) Market
  • 7.3.3. Japan SxS (ROV) Market
  • 7.3.4. Australia SxS (ROV) Market
  • 7.3.5. South Korea SxS (ROV) Market
  • 7.3.6. Rest of Asia Pacific SxS (ROV) Market
• 7.4. Latin America SxS (ROV) Market
  • 7.4.1. Brazil SxS (ROV) Market
  • 7.4.2. Mexico SxS (ROV) Market
  • 7.4.3. Rest of Latin America SxS (ROV) Market
• 7.5. Middle East & Africa SxS (ROV) Market
  • 7.5.1. Saudi Arabia SxS (ROV) Market
  • 7.5.2. South Africa SxS (ROV) Market
  • 7.5.3. Rest of Middle East & Africa SxS (ROV) Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. Polaris Inc
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Market Strategies
  • 8.3.2. Bombardier Recreational Products Inc
  • 8.3.3. Honda Motor Co., Ltd
  • 8.3.4. Kawasaki Heavy Industries, Ltd
  • 8.3.5. Deere & Company
  • 8.3.6. Jiangsu Province Hisun Motor Vehicle Co., Ltd
  • 8.3.7. Kubota Corporation
  • 8.3.8. Yamaha Motor Company, Limited
  • 8.3.9. Zhejiang CFMoto Motor Co., Ltd.
  • 8.3.10. Textron Specialized Vehicles Inc

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes