Machinery Outlook of UTV (Utility Terrain Vehicle) market size will reach 5560 million US$ by 2025 CAGR of 3.1% (by Application - Work UTV, Sport UTV, Others)
This industry study presents the global UTV (Utility Terrain Vehicle) market size, historical breakdown data (2013-2018) and forecast (2018-2025). The UTV (Utility Terrain Vehicle) production, revenue and market share by manufacturers, key regions and type;
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UTV, namely Utility Terrain Vehicle, is defined as a vehicle:
-Designed for operation off of the highway
-Suspended on four or more low pressure or non-pneumatic tires
-Has a steering wheel for steering control
-Have one seat to accommodate a driver and one or more passenger sitting
For industry structure analysis, the UTV (Utility Terrain Vehicle) industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 80 % of the revenue market. Regionally, United States is the biggest sales value area in 2016, also the leader in the whole UTV (Utility Terrain Vehicle) industry.
North America occupied 72.29% of the sales market in 2016. It is followed by Europe and Asia-Pacific, which respectively account for around 15.34% and 5.46% of the global total industry. Other countries have a smaller amount of sales.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
Global UTV (Utility Terrain Vehicle) market size will reach 5560 million US$ by 2025, from 4350 million US$ in 2017, at a CAGR of 3.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for UTV (Utility Terrain Vehicle).
The following manufacturers are covered in this report:
- Polaris (US)
- John Deere (US)
- Kawasaki (Japan)
- Yamaha Motor (Japan)
- Kubota (Japan)
- Arctic Cat (US)
- Honda (Japan)
- BRP (Canada)
- KYMCO (China Taiwan)
- HSUN Motor (China)
- CFMOTO (China)
- Linhai Group (China)
UTV (Utility Terrain Vehicle) Breakdown Data by Type
- Displacement (CC): 400
- Displacement (CC): 400-800
- Displacement (CC): 800
UTV (Utility Terrain Vehicle) Breakdown Data by Application
- Work UTV
- Sport UTV
UTV (Utility Terrain Vehicle) Production by Region
- United States
- South Korea
- Other Regions
UTV (Utility Terrain Vehicle) Consumption by Region
- North America
- United States
- South Korea
- Rest of Europe
- Central & South America
- Rest of South America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
– More Clear Details get Full Table of Contents_https://www.researchmoz.us/global-utv-utility-terrain-vehicle-market-insights-forecast-to-2025-report.html/toc
The study objectives are:
- To analyze and research the global UTV (Utility Terrain Vehicle) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key UTV (Utility Terrain Vehicle) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
- To segment the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of UTV (Utility Terrain Vehicle) :
- History Year: 2013 - 2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of UTV (Utility Terrain Vehicle) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Continue.....15 Nov 18
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