Press release
All Terrain Vehicle Market 2018 Key Players are CFmoto, Suzuki Motor, Polaris Industries, Honda Motors, Arctic Cat, CECTEK, Kawasaki Motors Corporation, HiSun Motors, John Deere, KYMCO, Linhai, Taiwan Golden Bee, Yamaha Motor
Market Overview:-All Terrain Vehicle Market is likely to have a major imprint on the future of ATVs. For instance, German-based world-class automaker, Mercedes-Benz has recently revealed its E-class ATV, which is going to be launched in 2018. In the newly revealed ATV, the company has included several advanced features such as sports beefier bumpers, plastic underbody protection, and typical body cladding focusing on consumer requirements. In addition, another well-known automaker, Jaguar is also planning to make various design variations in its Range Rover platform to make it feasible for ATVs.
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The recent development of highly advanced ATVs comprising various innovative features such as keyless entry, Wi-Fi hotspot, and powered gesture tailgate will thus boost all-terrain vehicle (ATV) industry share over the years ahead. Furthermore, it is imperative to state that Honda has also developed an autonomous ATV for off-road work such as firefighting, rescue missions, and agricultural purposes, in which the company has implemented varieties of attachments that would help carry out the aforementioned functions. The deployment of such multipurpose ATVs, undeniably, is slated to stimulate all-terrain vehicle market outlook.
Top Key Players:-
The key players of global All Terrain Vehicle Market are Arctic Cat, Bombardier Recreational Products, CECTEK, CFmoto, Honda Motors, Kawasaki Motors Corporation, HiSun Motors, John Deere, KYMCO, Linhai, Suzuki Motor Corporation, Polaris Industries, Taiwan Golden Bee and Yamaha Motor.
Regional Segmentations:-
North America ATV market is estimated to surpass USD 4 billion by 2024 owing to shifting trends towards widespread usage in various terrains including mountains, forestry, and agricultural fields. The U.S. is expected to hold major share due to existing large stretches of natural terrain, unpaved roads, along with large farms & ranches. In addition, presence of established industry players such as BRP, Polaris, and Arctic Cat will further accelerate the regional dominance over the study period.
Asia Pacific all-terrain vehicle market share will pose more than 5% CAGR over the forecast period. Increasing demand from developing nations including China and India is contributing significantly in the revenue generation. Multiple industry players are focusing on establishing their production facilities in these countries which will pave growth opportunities for regional growth.
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Major Points of Table Of Content:-
Chapter 3. All-Terrain Vehicle Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013- 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Profit margin trends
3.3.4. Distribution channel analysis
3.3.4.1. End Users
3.3.5. Vendor matrix
3.4. Pricing analysis
3.4.1. Regional pricing
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. MEA
3.4.2. Cost structure analysis, 2016
3.5. Technology landscape
3.5.1. Infotainment systems
3.5.2. Hybrid ATV
3.6. Regulatory landscape
3.6.1. Consumer Product Safety Commission (CPSC)
3.6.2. California Air Resources Board's (ARB)
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Increasing recreational off-road activities and health impacts
3.7.1.2. High investment in R&D and product innovation
3.7.2. Industry pitfalls & challenges.
3.7.2.1. Environmental impact and safety concerns
3.8. Porter’s analysis
3.9. Growth potential analysis
3.9.1. New business opportunities
3.10. Competitive landscape
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Chapter 4. All-Terrain Vehicle Market, By Product
4.1. Global all-terrain vehicle market share by product, 2016 & 2024
4.2. Sports ATV
4.2.1. Market estimates and forecasts, 2013 – 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Sport utility ATV
4.3.1. Market estimates and forecasts, 2013 – 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Utility ATV
4.4.1. Market estimates and forecasts, 2013 – 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Youth ATV
4.5.1. Market estimates and forecasts, 2013 – 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
Chapter 5. All-Terrain Vehicle Market, By Application
5.1. Global all-terrain vehicle market share by application, 2016 & 2024
5.2. Sports
5.2.1. Market estimates and forecasts, 2013 – 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Entertainment
5.3.1. Market estimates and forecasts, 2013 – 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.4. Agriculture
5.4.1. Market estimates and forecasts, 2013 – 2024
5.4.2. Market estimates and forecast, by region, 2013 – 2024
5.5. Military & defense
5.5.1. Market estimates and forecasts, 2013 – 2024
5.5.2. Market estimates and forecast, by region, 2013 – 2024
5.6. Forestry
5.6.1. Market estimates and forecasts, 2013 – 2024
5.6.2. Market estimates and forecast, by region, 2013 – 2024
5.7. Others
5.7.1. Market estimates and forecasts, 2013 – 2024
5.7.2. Market estimates and forecast, by region, 2013 – 2024
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At present, ATVs are prominently gaining popularity across the defense sector, pertaining to their ease of application for border patrolling and other military activities. These vehicles offer advanced off-road technology and superior mobility at a very affordable price, which is one of the factors driving all-terrain vehicle industry size. In fact, several regional governments have also been establishing joint ventures with leading giants in ATV market. For instance, in 2017, the United States Marine Corp. has signed a contract with the renowned leader and dominant inventor of off-road vehicles, Polaris Government and Defense in order to improve its marine operational capabilities with the deployment of utility task vehicles. Taking into account the increasing requirement of ATVs for defense applications, Polaris is investing significantly in research and development activities to improve the handling of vehicles for a highly responsive ride and enhanced maneuverability. Indeed, this validates that continuous product enhancements of robotic vehicles will certainly fuel ATV industry share.
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CFMOTO
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LINHAI
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