CANADA ATV AND UTV MARKET FORECAST 2023-2030
The Canada ATV and UTV market is projected to register a CAGR of 6.31% during the forecast period, 2023-2030. The increasing preference for ATV and UTV by security forces is one of the primary growth drivers.
CANADA ATV AND UTV MARKET FORECAST 2023-2030
Canada 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)
The Canada ATV and UTV market is projected to register a CAGR of 6.31% during the forecast period, 2023-2030. The increasing preference for ATV and UTV by security forces is one of the primary growth drivers.
To know more about this report, request a free sample copy
ATV (all-terrain vehicle) is equipped with four low-pressure tires and handlebars mostly used in off-road environments. UTV (utility terrain vehicle) is more efficient than a general-purpose vehicle. In Canada, the government authorities have not allowed operating ATVs & UTVs in most states. Also, they are barred from highways and other main roads. As a result, the authorities are increasing budgetary allocations to build new off-road trails. This will aid the recreational enthusiasts, and impact adventure sports activities. Further, with increasing attraction to ATVs & UTVs among tourists for recreational and related purposes, the tourism councils are launching ATVs & UTVs-related activities by building tracks for these vehicles. Such factors drive market growth in Canada.
BRP Inc manufactures and develops powersports vehicles and propulsion systems. The product portfolio includes snowmobiles, spyder vehicles, all-terrain, personal watercraft, propulsion, and side-by-side systems. The products have strong brand recognition in the industry. Also, the company has a record of successfully sustaining consumer-driven innovation. It has its headquarters in Valcourt, Canada.
Report Synopsis
| Report Scope | Details |
| Market Forecast Years | 2023-2030 |
| Base Year | 2022 |
| Market Historical Years | 2018-2022 |
| Forecast Units | Revenue ($ Million) |
| Segments Analyzed | Vehicle Type, Fuel Type, Displacement, End-User |
| Country Analyzed | Canada |
| Companies Analyzed |
BRP Inc, CFMOTO, Honda Motor Company Ltd, Kawasaki Heavy Industries Ltd, Polaris Inc, Yamaha Motor Co Ltd |
To request a free sample copy of this report, please complete the form below:
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.
- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY ANALYTICS
- CRISIS SCENARIO ANALYSIS
- PESTLE ANALYSIS
- POLITICAL
- ECONOMICAL
- SOCIAL
- TECHNOLOGICAL
- LEGAL
- ENVIRONMENT
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- KEY BUYING CRITERIA
- MARKET BY VEHICLE TYPE
- ATV
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- UTV
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ATV
- MARKET BY FUEL TYPE
- GASOLINE-POWERED
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- DIESEL-POWERED
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ELECTRIC-POWERED
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- SOLAR-POWERED
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- GASOLINE-POWERED
- MARKET BY DISPLACEMENT
- ≤400 (CC)
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- 400-800 (CC)
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ≥800 (CC)
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ≤400 (CC)
- MARKET BY END-USER
- RECREATIONAL
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- SPORTS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- AGRICULTURE & UTILITY
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- MILITARY & DEFENSE
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- OTHER END-USERS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- RECREATIONAL
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- COMPANY PROFILES
- DEERE AND COMPANY
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- HISUN MOTORS CORPORATION
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- HONDA MOTOR COMPANY LTD
- COMPANY OVERVIEW
- PRODUCT LIST
- FINANCIAL ANALYSIS
- STRENGTHS & CHALLENGES
- POLARIS INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTH & CHALLENGES
- SUZUKI MOTORS CORPORATION
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTH & CHALLENGES
- TEXTRON INC (ARTIC CAT)
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- DEERE AND COMPANY
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ATV AND UTV
TABLE 2: CANADA ATV AND UTV MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: CANADA ATV AND UTV MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 4: CANADA ATV AND UTV MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: CANADA ATV AND UTV MARKET, BY FUEL TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 6: CANADA ATV AND UTV MARKET, BY DISPLACEMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: CANADA ATV AND UTV MARKET, BY DISPLACEMENT, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 8: CANADA ATV AND UTV MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: CANADA ATV AND UTV MARKET, BY END-USER, FORECAST YEARS 2023-2030 (IN $ MILLION)
TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
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: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2022
FIGURE 8: CANADA ATV AND UTV MARKET, BY ATV, 2023-2030 (IN $ MILLION)
FIGURE 9: CANADA ATV AND UTV MARKET, BY UTV, 2023-2030 (IN $ MILLION)
FIGURE 10: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY FUEL TYPE, IN 2022
FIGURE 11: CANADA ATV AND UTV MARKET, BY GASOLINE-POWERED, 2023-2030 (IN $ MILLION)
FIGURE 12: CANADA ATV AND UTV MARKET, BY DIESEL-POWERED, 2023-2030 (IN $ MILLION)
FIGURE 13: CANADA ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2023-2030 (IN $ MILLION)
FIGURE 14: CANADA ATV AND UTV MARKET, BY SOLAR-POWERED, 2023-2030 (IN $ MILLION)
FIGURE 15: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY DISPLACEMENT, IN 2022
FIGURE 16: CANADA ATV AND UTV MARKET, BY ≤400 (CC), 2023-2030 (IN $ MILLION)
FIGURE 17: CANADA ATV AND UTV MARKET, BY 400-800 (CC), 2023-2030 (IN $ MILLION)
FIGURE 18: CANADA ATV AND UTV MARKET, BY ≥800 (CC), 2023-2030 (IN $ MILLION)
FIGURE 19: CANADA ATV AND UTV MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 20: CANADA ATV AND UTV MARKET, BY RECREATIONAL, 2023-2030 (IN $ MILLION)
FIGURE 21: CANADA ATV AND UTV MARKET, BY SPORTS, 2023-2030 (IN $ MILLION)
FIGURE 22: CANADA ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2023-2030 (IN $ MILLION)
FIGURE 23: CANADA ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2023-2030 (IN $ MILLION)
FIGURE 24: CANADA ATV AND UTV MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
- 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 & DEFENCE
- OTHER END-USERS
To request a free sample copy of this report, please complete the form below :
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.