Global All-Terrain Vehicle (ATV) Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.

All-Terrain Vehicle Market

Growing penetration of recreational activities and sports across the globe will drive the all-terrain vehicle market size over the forecast timeframe. Advancements in infotainment system offer superior entertainment and user-friendly experience with GPS tracking, Bluetooth connectivity, and mobile tracking facilities, thereby, enhancing the driving experience and boosting all-terrain vehicle market.

Rising technical development in quad bikes with upgraded performance and efficiency will boost all-terrain vehicle market size from 2019 to 2026. The large array of technologies along with independent suspensions, electric start and shaft drives offers enthusiasts with great riding exposure.

Innovative infotainment systems keep the drivers informed, up-to-date, connected and entertained. Moreover, reduction in component manufacturing cost will minimize the overall product price and, thereby improving product sales of the all-terrain vehicle.

The all-terrain vehicle market is segmented based on product, application, and geography. By product segment, the market is segmented into sports ATV, sports utility ATV, utility ATV, and youth ATV. By applications, the market is segmented as sports, entertainment, agriculture, military & defense, and forestry. Sports application is the major segment where the All-Terrain Vehicle is highly demanded and thus, it is expected to hold major market share in the forecast period owing to shifting consumer preference for recreational and adventurous sports backed by rising disposable income.

Key manufacturers including Polaris and Honda offer a wide variety of sports segment that showcases lightweight vehicle with the required suspension to handle turns, jumps, and bumps. These products are designed for different sports including recreation, hunting, and racing. The large scope of customization to cater increasing consumer demand provides enhanced all-terrain vehicle market growth opportunities.
market Scope

Global All-Terrain Vehicle (ATV) Market, By Product

• Sport ATV
• Sport Utility ATV
• Utility ATV
• Youth ATV
Market, By Application

• Sports
• Entertainment
• Agriculture
• Military & Defense
• Forestry
Market, By Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the market :

• Arctic Cat
• Bombardier Recreational Products
• CECTEK
• CFmoto
• Honda Motors
• Kawasaki Motors Corporation
• HiSun Motors
• John Deere
• KYMCO
• Polaris Industries Inc
• Yamaha Motor Co., Ltd.
• BRP Inc.
• ATV manufacturers
• Suzuki Motor Corporation
• Kawasaki Heavy Industries, Ltd.
• Kwang Yang Motor Co, Ltd
• ZHEJIANG CFMOTO POWER CO., LTD.
• Textron
• Bombardier Recreational Products (Canada)
• Arctic Cat

Water Taxi Market
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