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GLOBAL ATV AND UTV MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Global ATV and UTV Market by Vehicle Type (ATV, UTV) Market by Fuel Type (Gasoline-powered, Diesel-powered, Electric-powered, Solar-powered) Market by Displacement (≤400 (CC), 400-800 (CC), ≥800 (CC)) Market by End-user (Recreational, Sports, Agriculture & Utility, Military & Defense, Other End-users) by Geography


MARKET OVERVIEW

The global ATV and UTV market is expected to reach $13114.59 million by 2032, growing at a CAGR of 4.64% during the forecast period, 2023-2032. The base year considered for the study is 2022, and the estimated period is between 2023 and 2032. The market study has also analyzed the impact of COVID-19 on the global ATV and UTV market qualitatively and quantitatively.

ATVs are considered off-road vehicles majorly used for leisure and sports purposes. Utility terrain vehicle refers to a sidebyside, fourwheel drive, an offroad vehicle intended to transport individuals, cargo, or both. Factors such as the growing popularity of adventure sports, increasing ATV & UTV use in the military, and government rules supporting ATVs & UTVs are expected to contribute to the market growth.

There has also been a growing demand for off-road vehicles for military activities, including driving on rugged terrain and transporting troops. Moreover, other factors, like flexibility, high maneuverability, and superior navigation, have increased the demand for such vehicles, augmenting the global ATV and UTV market demands.

Read our latest blog on the ATV and UTV Market

GROWTH ENABLERS

Key growth enablers of the global ATV and UTV market growth are:

  • Growing popularity of adventure sports
    • Many nations host annual championships, which are gaining popularity because of ATVs.
    • For instance, the Dakar Rally is regarded as one of the world’s toughest and most grueling car races. The Dakar Rally is hosted by the ASO (Amaury Sport Organization) annually.
    • The Dakar rally’s terrain is considered the most challenging, demanding the vehicles’ and drivers’ endurance, courage and performance capabilities.
    • Also, other non-competitive leisure purpose activities are created to promote tourism. Thus, the thrill factor, experience and growing favoritism towards adventure sports is expected to propel market growth.
  • Increasing usage of ATVs and UTVs in military

GROWTH RESTRAINTS

Key growth restraining factors are:

  • Ban on driving in wildlife areas
  • High maintenance costs
    • The ATV needs routine repair and maintenance to stay in operation, just like cars and other vehicles. ATVs and UTVs are durable but prone to breakage, failure, and overheating.
    • Parts of these vehicles are vulnerable to damage since they are frequently utilized in rough terrain, mountains, uphill, and other conditions.
    • Air filters, tires, cooling systems, spark plugs, cables and bolts are some of the things which require regular checks. In addition, other costs are associated, which increase the vehicle owner’s expenditure.
    • Thus, such aspects are anticipated to hinder the market growth.

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KEY MARKET TRENDS

Global ATV and UTV Market | Top Trends

  • The market is seeing a surge in demand due to all-terrain vehicles’ capacity to operate effectively in rugged and steep terrain. Consumers are using them in agricultural areas, mountains, and forests. ATVs are being used for farming in Australia, the United States, Germany, and India, which requires less labor and lowers total farming costs.

MARKET SEGMENTATION

Market Segmentation – Vehicle Type, Fuel Type, Displacement, and End-User –

Market by Vehicle Type:

  • ATV
  • UTV

Market by Fuel Type:

  • Gasoline-Powered
    • Gasoline-powered segment captures the highest market share by fuel type. The majority of the available ATVs and UTVs have been using gasoline as a power source to operate and run.
    • A wide range of vehicle models the companies offer is functioning using gasoline. Though electric-powered models are upcoming, demand and preference by customers have encouraged market players to continue selling gasoline-based ATVs and UTVs.
  • Diesel-Powered
  • Electric-Powered
  • Solar-Powered

Market by Displacement:

  • ≤400 (CC)
  • 400-800 (CC)
  • ≥800 (CC)

Market by End-User:

  • Recreational
  • Sports
  • Agriculture & Utility
  • Military & Defense
    • In the market by end-user, the military & defense segment is expected to have the fastest growth.
    • The growing application of ATVs and UTVs for patrolling, defense and other purposes is expected to drive the market growth globally.
    • In addition, growing military and defense budgets worldwide are also assumed to aid in market growth. Militaries’ purchases and contracts are also major revenue sources for market players.
  • Other End-Users

GEOGRAPHICAL STUDY

Geographical Study Based on Four Major Regions:
  • North America: The United States and Canada
    • North America accounts for the largest market share of 47.85% globally. The ATV and UTV market in North America is highly developed due to several factors.
    • The presence of several major industry players assists the market in developing a favorable environment for research and innovation in ATVs and UTVs.
    • In addition, the United States and Canada have multiple terrains conducive to the application and usage of ATVs and UTVs.
    • Also, the market is assumed to grow owing to the growing usage of vehicles in farming, military, and leisure activities.
  • Europe: The United Kingdom, Germany, France, Spain, Italy, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Thailand, Australia & New Zealand, and Rest of Asia-Pacific
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

The major players in the global ATV and UTV market are:

  • BRP INC
  • Polaris Inc
  • Yamaha Motor Co Ltd
  • Kawasaki Heavy Industries Ltd
  • CFMOTO

Key strategies adopted by some of these companies:

In April 2022, Munro Vehicles and ABB partnered to share capabilities and protect EV electrical systems of all-terrain vehicles by Munro.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2021
Forecast UnitsRevenue ($ Million)
Segments AnalyzedVehicle Type, Fuel Type, Displacement, End-User
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies AnalyzedBRP Inc, CFMOTO, Deere & Company, Hisun Motors Corporation, Honda Motor Company Ltd, Kawasaki Heavy Industries Ltd, Kubota Corporation, Kwang Yang Motor Co Ltd, Polaris Inc, Suzuki Motors Corporation, Textron Inc, Yamaha Motor Co Ltd

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
      1. GROWING DEFENSE ACTIVITIES AND EXPENSES TO AID IN MARKET GROWTH
      2. GREAT VARIETY OF VEHICLES
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. GROWING POPULARITY OF ADVENTURE SPORTS
      2. INCREASING USAGE OF ATVS AND UTVS IN MILITARY
    2. KEY RESTRAINTS
      1. BAN ON DRIVING IN WILDLIFE AREAS
      2. HIGH MAINTENANCE COSTS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. KEY BUYING CRITERIA
  5. MARKET BY VEHICLE TYPE
    1. ATV
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    2. UTV
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY FUEL TYPE
    1. GASOLINE-POWERED
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    2. DIESEL-POWERED
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    3. ELECTRIC-POWERED
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    4. SOLAR-POWERED
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY DISPLACEMENT
    1. ≤400 (CC)
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    2. 400-800 (CC)
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    3. ≥800 (CC)
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
  8. MARKET BY END-USER
    1. RECREATIONAL
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    2. SPORTS
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    3. AGRICULTURE & UTILITY
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    4. MILITARY & DEFENSE
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER END-USERS
      1. MARKET FORECAST REVENUE & FIGURE
      2. SEGMENT ANALYSIS
  9. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA ATV AND UTV MARKET DRIVERS
      3. NORTH AMERICA ATV AND UTV MARKET CHALLENGES
      4. KEY PLAYERS
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES ATV AND UTV MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA STATES ATV AND UTV MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE ATV AND UTV MARKET DRIVERS
      3. EUROPE ATV AND UTV MARKET CHALLENGES
      4. KEY PLAYERS
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM ATV AND UTV MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY ATV AND UTV MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE ATV AND UTV MARKET SIZE & OPPORTUNITIES
        4. SPAIN
          1. SPAIN ATV AND UTV MARKET SIZE & OPPORTUNITIES
        5. ITALY
          1. ITALY ATV AND UTV MARKET SIZE & OPPORTUNITIES
        6. POLAND
          1. POLAND ATV AND UTV MARKET SIZE & OPPORTUNITIES
        7. REST OF EUROPE
          1. REST OF EUROPE ATV AND UTV MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC ATV AND UTV MARKET DRIVERS
      3. ASIA-PACIFIC ATV AND UTV MARKET CHALLENGE
      4. KEY PLAYERS
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA ATV AND UTV MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN ATV AND UTV MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA ATV AND UTV MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA ATV AND UTV MARKET SIZE & OPPORTUNITIES
        5. THAILAND
          1. THAILAND ATV AND UTV MARKET SIZE & OPPORTUNITIES
        6. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND ATV AND UTV MARKET SIZE & OPPORTUNITIES
        7. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC ATV AND UTV MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD ATV AND UTV MARKET DRIVERS
      3. REST OF WORLD ATV AND UTV MARKET CHALLENGES
      4. KEY PLAYERS
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA ATV AND UTV MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA ATV AND UTV MARKET SIZE & OPPORTUNITIES
  10. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES & DEVELOPMENTS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. BRP INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      2. CFMOTO
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTH & CHALLENGES
      3. DEERE & COMPANY
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      4. HISUN MOTORS CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. HONDA MOTOR COMPANY LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      6. KAWASAKI HEAVY INDUSTRIES LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      7. KUBOTA CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      8. KWANG YANG MOTOR CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      9. POLARIS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTH & CHALLENGES
      10. SUZUKI MOTORS CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTH & CHALLENGES
      11. TEXTRON INC (ARTIC CAT)
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES
      12. YAMAHA MOTOR CO LTD
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. FINANCIAL ANALYSIS
        4. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ATV AND UTV

TABLE 2: GLOBAL ATV AND UTV MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 3: GLOBAL ATV AND UTV MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 4: GLOBAL ATV MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 5: GLOBAL ATV MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 6: GLOBAL UTV MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 7: GLOBAL UTV MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 8: GLOBAL ATV AND UTV MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 9: GLOBAL ATV AND UTV MARKET, BY FUEL TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 10: GLOBAL GASOLINE-POWERED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 11: GLOBAL GASOLINE-POWERED MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 12: GLOBAL DIESEL-POWERED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 13: GLOBAL DIESEL-POWERED MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 14: GLOBAL ELECTRIC-POWERED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 15: GLOBAL ELECTRIC-POWERED MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 16: GLOBAL SOLAR-POWERED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 17: GLOBAL SOLAR-POWERED MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 18: GLOBAL ATV AND UTV MARKET, BY DISPLACEMENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 19: GLOBAL ATV AND UTV MARKET, BY DISPLACEMENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 20: GLOBAL ≤400 (CC) MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 21: GLOBAL ≤400 (CC) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 22: GLOBAL 400-800 (CC) MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 23: GLOBAL 400-800 (CC) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 24: GLOBAL ≥800 (CC) MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 25: GLOBAL ≥800 (CC) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 26: GLOBAL ATV AND UTV MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 27: GLOBAL ATV AND UTV MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 28: GLOBAL RECREATIONAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 29: GLOBAL RECREATIONAL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 30: GLOBAL SPORTS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 31: GLOBAL SPORTS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 32: GLOBAL AGRICULTURE & UTILITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 33: GLOBAL AGRICULTURE & UTILITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 34: GLOBAL MILITARY & DEFENSE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 35: GLOBAL MILITARY & DEFENSE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 36: GLOBAL OTHER END-USERS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 37: GLOBAL OTHER END-USERS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 38: GLOBAL ATV AND UTV MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 39: GLOBAL ATV AND UTV MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 40: NORTH AMERICA ATV AND UTV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 41: NORTH AMERICA ATV AND UTV MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 42: KEY PLAYERS OPERATING IN NORTH AMERICA ATV AND UTV MARKET

TABLE 43: EUROPE ATV AND UTV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 44: EUROPE ATV AND UTV MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 45: KEY PLAYERS OPERATING IN EUROPE ATV AND UTV MARKET

TABLE 46: ASIA-PACIFIC ATV AND UTV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 47: ASIA-PACIFIC ATV AND UTV MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 48: KEY PLAYERS OPERATING IN THE ASIA-PACIFIC ATV AND UTV MARKET

TABLE 49: REST OF WORLD ATV AND UTV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 50: REST OF WORLD ATV AND UTV MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)

TABLE 51: KEY PLAYERS OPERATING IN REST OF WORLD ATV AND UTV MARKET

TABLE 52: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 53: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 54: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING

FIGURE 4: MARKET MATURITY ANALYSIS

FIGURE 5: MARKET CONCENTRATION ANALYSIS

FIGURE 6: KEY BUYING CRITERIA

FIGURE 7: GLOBAL ATV AND UTV MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2022

FIGURE 8: GLOBAL ATV AND UTV MARKET, BY ATV, 2023-2032 (IN $ MILLION)

FIGURE 9: GLOBAL ATV AND UTV MARKET, BY UTV, 2023-2032 (IN $ MILLION)

FIGURE 10: GLOBAL ATV AND UTV MARKET, GROWTH POTENTIAL, BY FUEL TYPE, IN 2022

FIGURE 11: GLOBAL ATV AND UTV MARKET, BY GASOLINE-POWERED, 2023-2032 (IN $ MILLION)

FIGURE 12: GLOBAL ATV AND UTV MARKET, BY DIESEL-POWERED, 2023-2032 (IN $ MILLION)

FIGURE 13: GLOBAL ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2023-2032 (IN $ MILLION)

FIGURE 14: GLOBAL ATV AND UTV MARKET, BY SOLAR-POWERED, 2023-2032 (IN $ MILLION)

FIGURE 15: GLOBAL ATV AND UTV MARKET, GROWTH POTENTIAL, BY DISPLACEMENT, IN 2022

FIGURE 16: GLOBAL ATV AND UTV MARKET, BY ≤400 (CC), 2023-2032 (IN $ MILLION)

FIGURE 17: GLOBAL ATV AND UTV MARKET, BY 400-800 (CC), 2023-2032 (IN $ MILLION)

FIGURE 18: GLOBAL ATV AND UTV MARKET, BY ≥800 (CC), 2023-2032 (IN $ MILLION)

FIGURE 19: GLOBAL ATV AND UTV MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022

FIGURE 20: GLOBAL ATV AND UTV MARKET, BY RECREATIONAL, 2023-2032 (IN $ MILLION)

FIGURE 21: GLOBAL ATV AND UTV MARKET, BY SPORTS, 2023-2032 (IN $ MILLION)

FIGURE 22: GLOBAL ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2023-2032 (IN $ MILLION)

FIGURE 23: GLOBAL ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2023-2032 (IN $ MILLION)

FIGURE 24: GLOBAL ATV AND UTV MARKET, BY OTHER END-USERS, 2023-2032 (IN $ MILLION)

FIGURE 25: NORTH AMERICA ATV AND UTV MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 26: UNITED STATES ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 27: CANADA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 28: EUROPE ATV AND UTV MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 29: UNITED KINGDOM ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 30: GERMANY ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 31: FRANCE ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 32: SPAIN ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 33: ITALY ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 34: POLAND ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 35: REST OF EUROPE ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 36: ASIA-PACIFIC ATV AND UTV MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 37: CHINA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 38: JAPAN ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 39: INDIA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 40: SOUTH KOREA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 41: THAILAND ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 42: AUSTRALIA & NEW ZEALAND ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 43: REST OF ASIA-PACIFIC ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 44: REST OF WORLD ATV AND UTV MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 45: LATIN AMERICA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 46: MIDDLE EAST & AFRICA ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)

FIGURE 47: BRP INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 48: BRP INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 49: BRP INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 50: BRP INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FIGURE 51: CFMOTO, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 52: CFMOTO, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 53: DEERE & COMPANY, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 54: DEERE & COMPANY, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 55: DEERE & COMPANY, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 56: DEERE & COMPANY, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FIGURE 57: HONDA MOTOR CO LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 58: HONDA MOTOR CO LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 59: HONDA MOTOR CO LTD, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 60: HONDA MOTOR CO LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FIGURE 61: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 62: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 63: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, BY SEGMENT, IN 2020 (IN %)

FIGURE 64: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)

FIGURE 65: KUBOTA CORPORATION, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 66: KUBOTA CORPORATION, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 67: KUBOTA CORPORATION, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 68: KUBOTA CORPORATION, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)

FIGURE 69: POLARIS INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 70: POLARIS INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 71: POLARIS INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 72: POLARIS INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FIGURE 73: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 74: SUZUKI MOTORS CORPORATION, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 75: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, BY SEGMENT, IN 2020 (IN %)

FIGURE 76: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)

FIGURE 77: TEXTRON INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 78: TEXTRON INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 79: TEXTRON INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 80: TEXTRON INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FIGURE 81: YAMAHA MOTOR CO LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)

FIGURE 82: YAMAHA MOTOR CO LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)

FIGURE 83: YAMAHA MOTOR CO LTD, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)

FIGURE 84: YAMAHA MOTOR CO LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)

FAQ’s

FAQs

Asia-Pacific is the fastest-growing region in the global ATV and UTV market.

Segmentation analysis of the global ATV and UTV market includes vehicle type, fuel type, displacement, and end-user.

Agriculture & utility is the largest market in the end-user segment in the global ATV and UTV market report.