전지형차 시장 예측(2030년) : 유형별, 용도별, 구동 방식별, 엔진 용량별, 연료 유형별, 차륜 수별, 좌석수별, 배터리 용량별, 지역별

The all-terrain vehicle market is projected to grow from USD 2.9 billion in 2024 to USD 3.3 billion by 2030, at a CAGR of 2.3% from 2024 to 2030. The North American ATV market is decreasing due to a shift in consumer buying behavior towards side-by-side vehicles, which provide extra seating capacity and safety for riders. Moreover, according to the annual report of Polaris Inc 2023, the retail sales of side-by-side vehicles have increased by 9.5% from 2019 to 2023. i.e. the sales for side-by-side vehicles increased from 510,000 units in 2019 to 550,000 units in 2023, whereas ATVs retail sales in North America was 260,000 units in 2019 which has decreased to 240,000 units in 2023, which showcases the interest of change in consumer from ATVs towards side-by-side vehicles. In contrast, the market will remain steady in other regions. Moreover, the growth in military and farming applications has also boosted the market, which needs ATVs with high load-carrying capacity.

"Sports application holds the largest market in all-terrain vehicles."

In sports applications, the ATVs are designed for high performance and speed, which makes them ideal for competitive racing. The engine capacity of sport ATVs ranges from 100 - 1000 cc. This sports ATVs are modified & equipped with different accessories to design a unique style and power. Also, these ATVs are usually popular amongst young riders as they seek them for adventure sports and actively participate in race events and motocross competitions.

The ATV sports activity has a strong culture and demand in North America and Europe, where these regions have large concentrations of ATV clubs, racing leagues, and events, increasing interest among the people. OEMs also play an essential role in driving the market for sports ATVs, where OEMs are actively investing in R&D to innovate and release new models for sports riders. Companies like Polaris Inc. (US), BRP (Canada), Textron (US), Yamaha Motor Co., Ltd (Japan), CFMOTO (China), and Honda Motor Co., Ltd (Japan) actively launches ATVs and SxS vehicle to compete in the global market. For instance, Honda launched 2024 TRX450R ATV in March 2024 which was offered with 450 cc engine. Similarly, Yamaha had launched Raptor 700R in April 2024 which was offered with a 686 cc engine. Hence, the increase in number of clubs & leagues for ATVs & SxS vehicles, and new ATVs launched by the OEM for sports applications would drive the market.

">800 cc to be the fastest-growing market for All-terrain vehicles."

The market for >800 cc engines is growing fast due to increased demand for high-performance vehicles capable of handling extreme terrains and rigorous track activities. These higher-engine capacity in ATVs are usually preferred for sports activities such as race events & recreational task whereas utility vehicles are used for mining, forestry, and search & rescue operations. After the pandemic, sports and outdoor activities have increased in North America, due to which there was a gradual growth in ATV market for higher engine capacity. Some of the major ATV race events held are "Grand National Cross Country (GNCC) Series and the Baja 1000 which requires higher engine capacity in ATVs. OEMs are also expanding their product portfolio for >800 cc engines in ATVs. For instance, In May 2024, Yamaha developed a new 1000 cc ATV for off-road enthusiasts, which was sold in domestic and international markets. OEMs are also expanding their manufacturing facility to cater to the increasing demand for ATVs. For instance, In July 2023, Honda Motor Co., Ltd. (Japan) in North Carolina Manufacturing facility started the production of ATVs with higher engine capacity due to an increase in demand for them in North America. The company invested USD 380 million to develop FourTrax and TRX series ATV models. Similarly, In July 2022, BRP (Canada) started their new manufacturing plant in Queretaro, Mexico, including a production line for >800 cc engines in ATVs. Similarly, Arctic Cat (US) (Subsidiary company of Textron Inc (US)) had invested USD 26 million in their new manufacturing facility at Thief River Falls due to increased outdoor activities and sports events in North America. Hence, these investments by the key players and rising race events have boosted the market for engines >800 cc.

"Asia Oceania is the fastest growing market for All-terrain vehicles."

Asia Oceania region has significant countries like China and Australia, where ATV has a higher market share. Countries like Australia have extensive farmland and agricultural spaces where ATVs are essential for farming and caring for livestock. Similarly, China is Asia Oceania's second-largest market, with some dominating players like CFMOTO (China), Chongqing Huansong (China), and Linhai (China). However, many ATVs that these key players in China manufacture are exported to Europe and other countries due to higher demand. According to International Trade Centre (ITC) data for 2023, China exports most ATVs to the US, Russia, and Mexico, where China also holds a total trade value of USD 2,127.9 million in 2023. On the other hand, the top leading player like CFMOTO (China) mentioned on their website that more than 70% of their ATVs are sold in 100 countries, whereas 60% of their vehicles are sold in Europe.

Also, many events are held in China to create new racing enthusiasts for ATVs, and the company holds events such as CFMOTO DAY every year. As the ATV market is gradually moving towards electrification, critical players in this region are focused on developing electric drivetrains, which has created new opportunities in the ATV market. Indian Startups like Powerland had raised USD 1.2 million funds in equity and debt finance in its pre-Series A round from the company named ILAFA Vertriebs GmbH (Germany) to increase the production and commercialization of the electric version of ATVs, mainly focusing on Powerland Tachyon 4x4. Moreover, these electric ATVs have gained a higher demand in European countries due to emission regulations.

The key players are also acquiring other companies to increase their presence in other countries. Hence, these investments, events, and increased export rates are driving the market for ATVs.

Breakdown of Primaries

In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: All-terrain Vehicle Manufacturer- 80%, and Other Companies - 20%
• By Designation: C Level Executives - 60%, Directors/ Vice Presidents-10%, and Others -30%
• By Region: North America - 20%, Europe - 10%, Asia Oceania - 50%, and Rest of the World - 20%

The All-terrain vehicles market comprises significant manufacturers such as Polaris Inc. (US), Honda Motor Co., Ltd (Japan), BRP (Canada), Yamaha Motor Corporation (Japan), and Textron Inc. (US).

Research Coverage

The study segments the all-terrain vehicle market by application (sports, entertainment, agriculture, military & defense, and others); type (sports and utility); drive type (2WD, 4WD, and AWD); engine capacity (<400 cc, 400 - 800 cc, and >800 CC); fuel type (gasoline and electric); seating capacity (One-seater and >=2-Seater); the number of wheels (four wheels and >four wheels), electric ATV, by battery capacity (<10kWh and >10 kWh), and Side-by-side vehicle market, by number of wheels (four wheels and >four wheels) region (Asia Oceania, Europe, North America, Rest of the world) and side-by-side by region.

Key Benefits of Buying the Report:

The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the all-terrain vehicle market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of critical drivers (Increasing off-road recreational activities, growing demand for all-terrain vehicles in agriculture and military & defense sectors, rising purchasing power and spending capacity of individuals), Restraints (High accident rates are hampering the ATV sales, and Restriction on all-terrain vehicle use in wildlife zones), Opportunities (Integration of advanced technologies in all-terrain vehicles, Growing penetration of electric all-terrain vehicles, and Increasing rental services), Challenges (Trade barriers between different countries High cost of ATVs and High cost of all-terrain vehicles)
• New vehicles launch for electric ATVs with their battery capacity offered by the manufacturers which are used in military, agriculture and recreational purpose.
• OEM analysis for electric ATVS and SxS vehicles: battery capacity vs vehicle range; Gasoline ATVs: horsepower VS engine capacity; and Gasoline SxS vehicles: horsepower VS engine capacity.
• Total Cost of Ownership for ATVs for gasoline and electric fuel type
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the all-terrain vehicle market.
• Market Development: Comprehensive information about lucrative markets - the report analyses the all-terrain vehicle market across different regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the all-terrain vehicle market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Polaris Inc. (US), BRP (Canada), Honda Motor Co., Ltd (Japan), Textron Inc. (US), and Yamaha Motor Corporation (Japan). In the all-terrain vehicle market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
  • 1.2.1 MARKET DEFINITION
    • 1.2.1.1 By Drive Type
    • 1.2.1.2 By Type
  • 1.2.2 INCLUSIONS AND EXCLUSIONS
• 1.3 MARKET SCOPE
  • 1.3.1 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of key secondary sources to estimate base numbers
    • 2.1.1.2 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Sampling techniques and data collection methods
    • 2.1.2.2 Primary interview participants
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 BOTTOM-UP APPROACH
  • 2.2.2 TOP-DOWN APPROACH
• 2.3 FACTOR IMPACTING ALL-TERRAIN VEHICLE MARKET
• 2.4 DATA TRIANGULATION
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RISK ASSESSMENT
• 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC ALL-TERRAIN VEHICLE MARKET
• 4.2 ALL-TERRAIN VEHICLE MARKET, BY TYPE
• 4.3 ALL-TERRAIN VEHICLE MARKET, BY APPLICATION
• 4.4 ALL-TERRAIN VEHICLE MARKET, BY DRIVE TYPE
• 4.5 ALL-TERRAIN VEHICLE MARKET, BY FUEL TYPE
• 4.6 ALL-TERRAIN VEHICLE MARKET, BY ENGINE CAPACITY
• 4.7 ALL-TERRAIN VEHICLE MARKET, BY NUMBER OF WHEELS
• 4.8 ALL-TERRAIN VEHICLE MARKET, BY SEATING CAPACITY
• 4.9 SIDE-BY-SIDE VEHICLE MARKET, BY REGION
• 4.10 ELECTRIC ALL-TERRAIN VEHICLE MARKET, BY BATTERY CAPACITY
• 4.11 SIDE-BY-SIDE VEHICLE MARKET, BY NUMBER OF WHEELS
• 4.12 ALL-TERRAIN VEHICLE MARKET, BY REGION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Increasing off-road recreational activities
    • 5.2.1.2 Growing demand for all-terrain vehicles in agriculture and military & defense applications
    • 5.2.1.3 Rising purchasing power and spending capacity of individuals
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 High accident rates hampering all-terrain vehicle sales
    • 5.2.2.2 Restriction on all-terrain vehicle use in wildlife zones
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Integration of advanced technologies in all-terrain vehicles
    • 5.2.3.2 Growing penetration of electric all-terrain vehicles
    • 5.2.3.3 Increasing rental services
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Trade barriers between different countries
    • 5.2.4.2 High cost of all-terrain vehicles
• 5.3 IMPACT OF AI/GENAI ON ALL-TERRAIN VEHICLE MANUFACTURING
  • 5.3.1 CASE STUDIES
    • 5.3.1.1 Massimo using robots in all-terrain vehicle manufacturing units
    • 5.3.1.2 Polaris using ToolsGroup's platform to optimize supply chain of all-terrain vehicles
    • 5.3.1.3 AI-equipped all-terrain vehicles for precision farming in Midwest, US
    • 5.3.1.4 Indian Army conducting trials for AI-based all-terrain vehicles
    • 5.3.1.5 CFMOTO partnering with Cerence to integrate AI in all-terrain vehicles
• 5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.5 PRICING ANALYSIS
  • 5.5.1 INDICATIVE AVERAGE SELLING PRICE, BY REGION, 2019-2023
  • 5.5.2 INDICATIVE AVERAGE SELLING PRICE, BY TYPE, 2019-2023
  • 5.5.3 INDICATIVE AVERAGE SELLING PRICE, BY APPLICATION, 2019-2023
  • 5.5.4 OEM PRICING FOR ALL-TERRAIN VEHICLES, BY DRIVE TYPE
  • 5.5.5 OEM PRICING FOR ALL-TERRAIN VEHICLES, BY ENGINE CAPACITY
  • 5.5.6 OEM PRICING FOR ELECTRIC ALL-TERRAIN VEHICLES
  • 5.5.7 OEM PRICING FOR ALL-TERRAIN VEHICLES, BY NUMBER OF WHEELS
  • 5.5.8 OEM PRICING FOR ALL-TERRAIN VEHICLES, BY SEATING CAPACITY
  • 5.5.9 OEM PRICING FOR SIDE-BY-SIDE VEHICLES, BY NUMBER OF WHEELS
• 5.6 SUPPLY CHAIN ANALYSIS
• 5.7 ALL-TERRAIN VEHICLE MARKET ECOSYSTEM ANALYSIS
  • 5.7.1 ALL-TERRAIN VEHICLE MANUFACTURERS
  • 5.7.2 RAW MATERIAL/COMPONENT SUPPLIERS
  • 5.7.3 GOVERNMENT AND REGULATORY AUTHORITIES
  • 5.7.4 DEALERS AND DISTRIBUTORS
  • 5.7.5 SERVICE & REPAIR CENTERS
  • 5.7.6 END USERS
• 5.8 INVESTMENT SCENARIO
• 5.9 TECHNOLOGY TRENDS
  • 5.9.1 KEY TECHNOLOGIES
    • 5.9.1.1 Autonomous all-terrain vehicles
    • 5.9.1.2 Advancements in battery packs and development of wireless and automated charging for electric all-terrain vehicles
  • 5.9.2 COMPLEMENTARY TECHNOLOGIES
    • 5.9.2.1 Advanced connectivity and smart features
  • 5.9.3 ADJACENT TECHNOLOGIES
    • 5.9.3.1 Hydrogen fuel cell all-terrain vehicles
• 5.10 PATENT ANALYSIS
• 5.11 TRADE ANALYSIS
  • 5.11.1 IMPORT SCENARIO, 2019-2023
  • 5.11.2 EXPORT SCENARIO, 2019-2023
• 5.12 KEY CONFERENCES AND EVENTS IN 2024-2025
• 5.13 CASE STUDY ANALYSIS
  • 5.13.1 JOHN DEERE AND AMS PARTNERED FOR NEXT-GEN ENTRY-LEVEL SPORTS ALL-TERRAIN VEHICLES
  • 5.13.2 POLARIS INTRODUCED NAVIGATION PLATFORM TAILORED TO ITS CUSTOMERS IN PARTNERSHIP WITH COMTECH
  • 5.13.3 KAWASAKI ARC WELDING SOLUTIONS FOR ALL-TERRAIN VEHICLES
  • 5.13.4 CORRA'S ABOBE COMMERCE SOLUTION TO CONTROL MOBILE TRAFFICKING PROBLEM
• 5.14 REGULATORY LANDSCAPE
  • 5.14.1 US
  • 5.14.2 CANADA
  • 5.14.3 AUSTRALIA
  • 5.14.4 EUROPE
  • 5.14.5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.14.5.1 North America
    • 5.14.5.2 Europe
    • 5.14.5.3 Asia Oceania
• 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.15.2 BUYING CRITERIA
• 5.16 TOTAL COST OF OWNERSHIP
  • 5.16.1 ELECTRIC VS. GASOLINE ALL-TERRAIN VEHICLES
• 5.17 OEM ANALYSIS
  • 5.17.1 BATTERY CAPACITY VS. VEHICLE RANGE
  • 5.17.2 GASOLINE ALL-TERRAIN VEHICLES: HORSEPOWER VS. ENGINE CAPACITY
  • 5.17.3 GASOLINE SIDE-BY-SIDES: HORSEPOWER VS. ENGINE CAPACITY

6 ALL-TERRAIN VEHICLE MARKET, BY TYPE

• 6.1 INTRODUCTION
• 6.2 SPORTS
  • 6.2.1 ASIA OCEANIA TO BE FASTEST-GROWING MARKET
• 6.3 UTILITY
  • 6.3.1 INCREASING APPLICATION IN FARMS AND AGRICULTURAL PRACTICES TO DRIVE MARKET
• 6.4 INDUSTRY INSIGHTS

7 ALL-TERRAIN VEHICLE MARKET, BY APPLICATION

• 7.1 INTRODUCTION
• 7.2 SPORTS
  • 7.2.1 POPULARITY OF SPORTS EVENTS AND CHAMPIONSHIPS TO DRIVE MARKET
• 7.3 ENTERTAINMENT
  • 7.3.1 GROWING NUMBER OF LOCAL RACES AND EVENTS TO DRIVE MARKET
• 7.4 AGRICULTURE
  • 7.4.1 GROWING FARM MECHANIZATION TO DRIVE MARKET
• 7.5 MILITARY & DEFENSE
  • 7.5.1 GROWING R&D AND INVESTMENTS TO DEVELOP ALL-TERRAIN VEHICLES THAT CAN OPERATE IN EXTREME CONDITIONS TO DRIVE MARKET
• 7.6 OTHERS
• 7.7 INDUSTRY INSIGHTS

8 ALL-TERRAIN VEHICLE MARKET, BY DRIVE TYPE

• 8.1 INTRODUCTION
• 8.2 2WD
  • 8.2.1 ADDED SENSE OF CONTROL TO DRIVE MARKET
• 8.3 4WD
  • 8.3.1 TECHNICAL ADVANTAGES LIKE BETTER TRACTION AND ABILITY TO SWITCH TO 2WD TO DRIVE 4WD MARKET
• 8.4 AWD
  • 8.4.1 GROWING TREND OF ELECTRIFICATION TO DRIVE MARKET
• 8.5 INDUSTRY INSIGHTS

9 ALL-TERRAIN VEHICLE MARKET, BY ENGINE CAPACITY

• 9.1 INTRODUCTION
• 9.2 <400 CC
  • 9.2.1 RISING DEMAND IN SPORTS AND OFF-ROAD ACTIVITIES TO DRIVE MARKET
• 9.3 400-800 CC
  • 9.3.1 HIGH DELIVERING POWER AND ENHANCED FUEL EFFICIENCY TO DRIVE MARKET
• 9.4 >800 CC
  • 9.4.1 ABILITY TO OFFER EXTREME POWER AND TORQUE REQUIREMENTS TO DRIVE MARKET
• 9.5 INDUSTRY INSIGHTS

10 ALL-TERRAIN VEHICLE MARKET, BY FUEL TYPE

• 10.1 INTRODUCTION
• 10.2 GASOLINE
  • 10.2.1 HIGHER POWER, EFFICIENCY, AND WIDER APPLICATIONS TO DRIVE MARKET
• 10.3 ELECTRIC
  • 10.3.1 DEVELOPMENTS IN BATTERY TECHNOLOGY AND LAUNCH OF VARIOUS MODELS FOR DIFFERENT APPLICATIONS TO DRIVE MARKET
• 10.4 INDUSTRY INSIGHTS

11 ALL-TERRAIN VEHICLE MARKET, BY NUMBER OF WHEELS

• 11.1 INTRODUCTION
• 11.2 FOUR WHEELS
  • 11.2.1 INCREASING SPORTS AND RECREATIONAL ACTIVITIES TO DRIVE MARKET
• 11.3 >FOUR WHEELS
  • 11.3.1 GROWING DEMAND FOR UTILITY ALL-TERRAIN VEHICLES IN AGRICULTURE, CONSTRUCTION, AND MINING TO DRIVE MARKET
• 11.4 INDUSTRY INSIGHTS

12 ALL-TERRAIN VEHICLE MARKET, BY SEATING CAPACITY

• 12.1 INTRODUCTION
• 12.2 ONE-SEATER
  • 12.2.1 LOWER COST THAN TWO-SEATERS TO DRIVE MARKET
• 12.3 >=TWO-SEATER
  • 12.3.1 REDUCED MAINTENANCE AND INCREASED SAFETY TO DRIVE MARKET
• 12.4 INDUSTRY INSIGHTS

13 ELECTRIC ALL-TERRAIN VEHICLE MARKET, BY BATTERY CAPACITY

• 13.1 INTRODUCTION
  • 13.1.1 ELECTRIC ALL-TERRAIN VEHICLE OEM MODELS, BY BATTERY CAPACITY
• 13.2 <10 KWH
  • 13.2.1 GROWING DEMAND FOR ADVENTURE SPORTS TO DRIVE MARKET
• 13.3 >10 KWH
  • 13.3.1 INCREASE IN INDUSTRIAL AND MILITARY APPLICATIONS TO DRIVE MARKET
• 13.4 INDUSTRY INSIGHTS

14 SIDE-BY-SIDE VEHICLE MARKET, BY NUMBER OF WHEELS

• 14.1 INTRODUCTION
• 14.2 FOUR WHEELS
  • 14.2.1 GROWING OUTDOOR RECREATION ACTIVITIES TO DRIVE MARKET
• 14.3 >FOUR WHEELS
  • 14.3.1 INCREASING CARGO-CARRYING CAPACITY FOR INDUSTRIAL AND AGRICULTURAL USES TO DRIVE MARKET
• 14.4 INDUSTRY INSIGHTS

15 SIDE-BY-SIDE VEHICLE MARKET, BY REGION

• 15.1 INTRODUCTION
• 15.2 INDUSTRY INSIGHTS

16 ALL-TERRAIN VEHICLE MARKET, BY REGION

• 16.1 INTRODUCTION
• 16.2 ASIA OCEANIA
  • 16.2.1 MACROECONOMIC OUTLOOK
  • 16.2.2 CHINA
    • 16.2.2.1 Large-scale domestic manufacturing and increasing adoption in farming to drive market
  • 16.2.3 AUSTRALIA
    • 16.2.3.1 Introduction of safety regulations like installation of rollover protection devices to affect market
  • 16.2.4 NEW ZEALAND
    • 16.2.4.1 Increasing popularity of sports events and championships to drive market
  • 16.2.5 JAPAN
    • 16.2.5.1 Growing demand in sports events and championships to drive market
  • 16.2.6 INDIA
    • 16.2.6.1 Introduction of new models for agriculture applications to drive market
• 16.3 EUROPE
  • 16.3.1 MACROECONOMIC OUTLOOK
  • 16.3.2 GERMANY
    • 16.3.2.1 Growing penetration of all-terrain vehicles in military & defense sector to drive market
  • 16.3.3 FRANCE
    • 16.3.3.1 Increasing adoption in construction and farming activities to drive market
  • 16.3.4 RUSSIA
    • 16.3.4.1 Rising demand in defense and agriculture applications to drive market
  • 16.3.5 UK
    • 16.3.5.1 Safety programs by key market players to drive market
  • 16.3.6 SPAIN
    • 16.3.6.1 Increased farming activity related to vineyards and olive groves to drive market
  • 16.3.7 SWEDEN
    • 16.3.7.1 Presence of vast forest areas to drive market
  • 16.3.8 REST OF EUROPE
• 16.4 NORTH AMERICA
  • 16.4.1 MACROECONOMIC OUTLOOK
  • 16.4.2 US
    • 16.4.2.1 Growing use of ATVs in military applications to drive market
  • 16.4.3 CANADA
    • 16.4.3.1 Government efforts to legalize all-terrain vehicles in some provinces to drive market
  • 16.4.4 MEXICO
    • 16.4.4.1 Growth of off-road vehicle industry to drive market
• 16.5 REST OF THE WORLD
  • 16.5.1 MACROECONOMIC OUTLOOK
  • 16.5.2 BRAZIL
    • 16.5.2.1 Increasing penetration in government forest departments to drive market
  • 16.5.3 UAE
    • 16.5.3.1 Growing tourism sector to drive market
  • 16.5.4 SOUTH AFRICA
    • 16.5.4.1 Increasing demand for utility ATVs to access difficult terrains to drive market
  • 16.5.5 SAUDI ARABIA
    • 16.5.5.1 Growing popularity of desert racing and sports events to drive market
• 16.6 INDUSTRY INSIGHTS

17 COMPETITIVE LANDSCAPE

• 17.1 OVERVIEW
• 17.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
• 17.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
• 17.4 MARKET SHARE ANALYSIS, 2023
• 17.5 COMPANY VALUATION, 2023
• 17.6 COMPANY FINANCIAL METRICS, 2023
• 17.7 BRAND COMPARISON
• 17.8 COMPANY EVALUATION MATRIX: ALL-TERRAIN VEHICLE MANUFACTURERS, 2023
  • 17.8.1 STARS
  • 17.8.2 EMERGING LEADERS
  • 17.8.3 PERVASIVE PLAYERS
  • 17.8.4 PARTICIPANTS
• 17.9 COMPANY FOOTPRINT
• 17.10 COMPANY EVALUATION MATRIX: SIDE-BY-SIDE VEHICLE MANUFACTURERS, 2023
  • 17.10.1 STARS
  • 17.10.2 EMERGING LEADERS
  • 17.10.3 PERVASIVE PLAYERS
  • 17.10.4 PARTICIPANTS
• 17.11 COMPANY FOOTPRINT
• 17.12 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 17.12.1 PROGRESSIVE COMPANIES
  • 17.12.2 RESPONSIVE COMPANIES
  • 17.12.3 DYNAMIC COMPANIES
  • 17.12.4 STARTING BLOCKS
  • 17.12.5 COMPETITIVE BENCHMARKING
• 17.13 COMPETITIVE SCENARIO
  • 17.13.1 PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS
  • 17.13.2 DEALS
  • 17.13.3 EXPANSIONS
  • 17.13.4 OTHER DEVELOPMENTS

18 COMPANY PROFILES

• 18.1 KEY PLAYERS
  • 18.1.1 POLARIS INC.
    • 18.1.1.1 Business overview
    • 18.1.1.2 Products offered
    • 18.1.1.3 Recent developments
    • 18.1.1.4 MnM view
      • 18.1.1.4.1 Key strengths
      • 18.1.1.4.2 Strategic choices
      • 18.1.1.4.3 Weaknesses and competitive threats
  • 18.1.2 TEXTRON INC.
    • 18.1.2.1 Business overview
    • 18.1.2.2 Products offered
    • 18.1.2.3 Recent developments
    • 18.1.2.4 MnM view
      • 18.1.2.4.1 Key strengths
      • 18.1.2.4.2 Strategic choices
      • 18.1.2.4.3 Weaknesses and competitive threats
  • 18.1.3 HONDA MOTOR CO., LTD.
    • 18.1.3.1 Business overview
    • 18.1.3.2 Products offered
    • 18.1.3.3 Recent developments
    • 18.1.3.4 MnM view
      • 18.1.3.4.1 Key strengths
      • 18.1.3.4.2 Strategic choices
      • 18.1.3.4.3 Weaknesses and competitive threats
  • 18.1.4 KAWASAKI HEAVY INDUSTRIES LTD.
    • 18.1.4.1 Business overview
    • 18.1.4.2 Products offered
    • 18.1.4.3 Recent developments
    • 18.1.4.4 MnM view
      • 18.1.4.4.1 Key strengths
      • 18.1.4.4.2 Strategic choices
      • 18.1.4.4.3 Weaknesses and competitive threats
  • 18.1.5 YAMAHA MOTOR CO., LTD.
    • 18.1.5.1 Business overview
    • 18.1.5.2 Products offered
    • 18.1.5.3 Recent developments
    • 18.1.5.4 MnM view
      • 18.1.5.4.1 Key strengths
      • 18.1.5.4.2 Strategic choices
      • 18.1.5.4.3 Weaknesses and competitive threats
  • 18.1.6 SUZUKI MOTOR CORPORATION
    • 18.1.6.1 Business overview
    • 18.1.6.2 Products offered
    • 18.1.6.3 Recent developments
  • 18.1.7 DEERE & COMPANY
    • 18.1.7.1 Business overview
    • 18.1.7.2 Products offered
    • 18.1.7.3 Recent developments
  • 18.1.8 BRP
    • 18.1.8.1 Business overview
    • 18.1.8.2 Products offered
    • 18.1.8.3 Recent developments
  • 18.1.9 CFMOTO
    • 18.1.9.1 Business overview
    • 18.1.9.2 Products offered
    • 18.1.9.3 Recent developments
  • 18.1.10 HISUN.
    • 18.1.10.1 Business overview
    • 18.1.10.2 Products offered
    • 18.1.10.3 Recent developments
• 18.2 OTHER PLAYERS
  • 18.2.1 BENNCHE, LLC
  • 18.2.2 VELOMOTORS
  • 18.2.3 ECO CHARGER
  • 18.2.4 BALTMOTORS
  • 18.2.5 CECTEK
  • 18.2.6 NEBULA AUTOMOTIVE PRIVATE LIMITED
  • 18.2.7 TAIWAN GOLDEN BEE (TGB)
  • 18.2.8 KYMCO
  • 18.2.9 LINHAI
  • 18.2.10 AMERICAN LANDMASTER
  • 18.2.11 SEGWAY TECHNOLOGY CO., LTD
  • 18.2.12 BAD BOY MOWERS.
  • 18.2.13 MASSIMO MOTORS SPORTS, LLC
  • 18.2.14 INTIMIDATOR UTV
  • 18.2.15 SSR MOTORSPORTS
  • 18.2.16 DRR USA
  • 18.2.17 ARGO
  • 18.2.18 VOLCON
  • 18.2.19 POWERLAND
  • 18.2.20 LIVAQ
  • 18.2.21 POTENTIAL MOTORS
  • 18.2.22 OREION MOTORS

19 RECOMMENDATIONS BY MARKETSANDMARKETS

• 19.1 ASIA OCEANIA TO BE ATTRACTIVE MARKET FOR ALL-TERRAIN VEHICLES
• 19.2 >800 CC ALL-TERRAIN VEHICLES AND SIDE-BY-SIDE VEHICLES TO CREATE NEW REVENUE POCKETS
• 19.3 GROWTH OF ELECTRIC ALL-TERRAIN VEHICLES TO OFFER ATTRACTIVE OPPORTUNITIES TO MANUFACTURERS
• 19.4 CONCLUSION

20 APPENDIX

• 20.1 INSIGHTS FROM INDUSTRY EXPERTS
• 20.2 DISCUSSION GUIDE
• 20.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 20.4 CUSTOMIZATION OPTIONS
  • 20.4.1 SIDE-BY-SIDE VEHICLE MARKET, BY APPLICATION
    • 20.4.1.1 Sports
    • 20.4.1.2 Entertainment
    • 20.4.1.3 Agriculture
    • 20.4.1.4 Military & Defense
    • 20.4.1.5 Others
  • 20.4.2 SIDE-BY-SIDE VEHICLE MARKET, BY FUEL TYPE
    • 20.4.2.1 Gasoline
    • 20.4.2.2 Diesel
    • 20.4.2.3 Electric
  • 20.4.3 SIDE-BY-SIDE VEHICLE MARKET, BY BATTERY CHEMISTRY
    • 20.4.3.1 Li-NMC
    • 20.4.3.2 LFP
• 20.5 RELATED REPORTS
• 20.6 AUTHOR DETAILS