유틸리티 차량 시장 : 엔진 용량별, 차종별, 지역별

The Global Utility Vehicles Market is estimated to be valued at USD 34.91 Bn in 2025 and is expected to reach USD 67.59 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.9% from 2025 to 2032.

Figure. Utility Vehicles Market Share (%), By Region 2025

The global utility vehicles market has been witnessing steady growth in the recent years. Utility vehicles provide multi-purpose transportation for both personal and commercial applications. They are designed to carry a heavy load and perform tasks beyond the capability of conventional passenger vehicles. Factors, such as rapid industrialization and infrastructure development across developing economies, have augmented the demand for utility vehicles from the construction and transport industries. Additionally, increasing preference for recreational activities among consumers is boosting the sales of utility vehicles for leisure applications. However, stringent emission norms imposed by regulatory authorities coupled with rising electric mobility trend may challenge the growth of conventional gasoline/diesel-powered utility vehicles.

Market Dynamics:

The global utility vehicles market is driven by robust growth in end-use industries such as construction, mining, agriculture, and transportation. Rising infrastructure investments for developing roads, bridges, and buildings is bolstering the demand for construction equipment including utility vehicles. Rapid urbanization and growing agriculture & mining output in emerging nations are also propelling utility vehicle sales. Ongoing upgrade of existing transport infrastructure is another key factor augmenting the market. However, stringent emission regulations imposed by authorities on conventional vehicles pose a challenge. On the other hand, growing preference for recreational activities is providing new opportunities. Manufacturers are introducing hybrid and electric variants to comply with changing norms and tap the green mobility trend.

Key Features of the Study:

This report provides in-depth analysis of the global utility vehicles market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global utility vehicles market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Polaris Inc., BRP Inc. (Can-Am), John Deere, Mahindra & Mahindra, Kubota Corporation, Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., Textron Inc., Suzuki Motor Corporation, Great Wall Motor Company Limited, CFMOTO, Arctic Cat Inc., Kymco, and Linhai Group

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global utility vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global utility vehicles market

Market Segmentation

• Engine Capacity Insights (Revenue, USD Bn, 2020 - 2032)
  • Above 800cc
  • 400cc to 800cc
  • Below 400cc
• Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Sport Utility Vehicles (SUVs)
  • Utility Terrain Vehicles (UTVs)
  • All-Terrain Vehicles (ATVs)
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
• Company Profiles:
  • Polaris Inc.
  • BRP Inc. (Can-Am)
  • John Deere
  • Mahindra & Mahindra
  • Kubota Corporation
  • Honda Motor Co., Ltd.
  • Yamaha Motor Co., Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Textron Inc.
  • Suzuki Motor Corporation
  • Great Wall Motor Company Limited
  • CFMOTO
  • Arctic Cat Inc.
  • Kymco
  • Linhai Group

Table of Contents

1. Research Objectives and Assumptions

• Research Objectives
• Assumptions
• Abbreviations

2. Market Purview

• Report Description
  • Market Definition and Scope
• Executive Summary
  • Global Utility Vehicles Market, By Engine Capacity
  • Global Utility Vehicles Market, By Vehicle Type
  • Global Utility Vehicles Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
• Impact Analysis
• Key Highlights
• Regulatory Scenario
• Product Launches/Approvals
• PEST Analysis
• PORTER's Analysis
• Market Opportunities
• Regulatory Scenario
• Key Developments
• Industry Trends

4. Global Utility Vehicles Market, By Engine Capacity, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2025 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021- 2032
  • Segment Trends
• Above 800cc
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• 400cc to 800cc
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Below 400cc
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Utility Vehicles Market, By Vehicle Type, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2025 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Sport Utility Vehicles (SUVs)
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Utility Terrain Vehicles (UTVs)
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• All-Terrain Vehicles (ATVs)
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Utility Vehicles Market, By Region, 2020 - 2032, Value (USD Bn)

• Introduction
  • Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
  • Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  • Regional Trends
• North America
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • U.S.
    • Canada
• Latin America
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
• Europe
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
• Asia Pacific
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
• Middle East
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • GCC Countries
    • Israel
    • Rest of Middle East
• Africa
  • Introduction
  • Market Size and Forecast, By Engine Capacity, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    • South Africa
    • North Africa
    • Central Africa

7. Competitive Landscape

• Polaris Inc.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• BRP Inc. (Can-Am)
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• John Deere
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Mahindra & Mahindra
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Kubota Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Honda Motor Co., Ltd.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Yamaha Motor Co., Ltd.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Kawasaki Heavy Industries, Ltd.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Textron Inc.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Suzuki Motor Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Great Wall Motor Company Limited
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• CFMOTO
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Arctic Cat Inc.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Kymco
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Linhai Group
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies

8. Analyst Recommendations

• Wheel of Fortune
• Analyst View
• Coherent Opportunity Map

9. References and Research Methodology

• References
• Research Methodology
• About us