openPR Logo
Press release

Off-Road Vehicles (ORVs) Market Segment, Industry trends and Developments to 2024 | (Yamaha Motor, Polaris Industries, Honda Motor, John Deere, Kawasaki Motors, Suzuki Motors, Caterpillar, Kubota Corporation)

12-07-2018 04:49 AM CET | Sports

Press release from: Automotive Industry

Off-Road Vehicles (ORVs) Market

Off-Road Vehicles (ORVs) Market

Off-Road Vehicles (ORVs) Market for Sports segment will account for more than 40% revenue share over the projected timeframe. This can be credited to proliferation of sport events such as woods and sand rides across the globe. Multiple configurations including enhanced power and torque outputs, diversified engine options coupled with lower maintenance costs are fueling the segment growth.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2321

Side by side vehicle segment will hold considerable volume share over the forecast timeframe owing to the added advantages such as higher safety and load bearing capacity as compared to its counterparts. These off-road vehicles are equipped with multiple seating configuration, seatbelts, windscreen, and roll cages that enhances the safety and improves the driving experience thereby positively influencing the off-road vehicles market growth in next six years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Arctic Cat Inc.
2. Honda Motor Co. Ltd.
3. Deere & Company (John Deere)
4. Kawasaki Motors Corp.
5. Kubota Corporation
6. Polaris Industries Inc.
7. Suzuki Motors Corporation
8. Yamaha Motor Co., Ltd.
9. Bombardier Recreational Products
10. Kässbohrer Geländefahrzeug
11. Wildcat
12. Tomcar Australia
13. Massimo Motors
14. KTM
15. Caterpillar

North America off-road vehicles (ORVs) market will exhibit around 5% CAGR from 2018 to 2024 owing to presence of major manufacturers such as Polaris Industries, Kawasaki and Bombardier Recreational Products (BRP). Growing consumer preference for leisure activities including mountain hiking, snow sports, adventure racing and motocross events will surge the regional demand.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2321

Off-Road Vehicles Market size is estimated to surpass USD 28 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising recreational facilities and participants across the globe will boost off-road vehicles market over projected timeframe. Initiatives such as National Wildlife Refuge System is attracting youth towards activities including hunting and forest trails. Growing high performance vehicles demand for rugged terrains will enhance product penetration. Further, increasing credit availability in conjunction with growing distribution channel for off road vehicles in emerging regions will propel industry growth.

Advancements in technologies including the emphasis on reducing the excessive sound from the engines of the off-road vehicles will propel the ORVs market share over the forecast timeframe. For instance, in 2015, Polaris Industries initiated work on hybrid off-road vehicle, Hybrid Utility Vehicle based on the Polaris MRZR 4 with enhanced noise damping capabilities and amplified power. Development of hybrid engines with improved efficiency and minimal emissions along with the introduction of light weight models will further stimulate the industry growth till 2024.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/off-road-vehicles-market

KTM, Yahama Motor Co., Suzuki Motors Corporation, Honda Motor. Co., Caterpillar, Bombardier Recreational Products, Kawasaki Motors Corp., Deere & Company (John Deere), and Polaris Industries Inc., are among the major ORVs market participants. Other players in the off-road vehicle market include Arctic Cat Inc., Wildcat, Kässbohrer Geländefahrzeug, Kubota Corporation, Massimo Motors and Tomcar Australia.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Off-Road Vehicles (ORVs) Market Segment, Industry trends and Developments to 2024 | (Yamaha Motor, Polaris Industries, Honda Motor, John Deere, Kawasaki Motors, Suzuki Motors, Caterpillar, Kubota Corporation) here

News-ID: 1423491 • Views: 2221

More Releases from Automotive Industry

E-commerce Automotive Aftermarket Industry Analysis Players - Flipkart, eBay, Au …
Global Market Insights added Most up-to-date research on “E-commerce Automotive AfterMarket: Global Industry Size, Share, Trends and Forecast, 2019 – 2025″ to its huge collection of research reports. This Research study on the Global E-commerce Automotive AfterMarket offers detailed and insightful information on major regional markets and related sub-markets. Online platforms have gained traction among the e-commerce automotive aftermarket participants for launching their product portfolio. The component manufacturers are continuously launching their
Automotive Turbocharger Market include BorgWarner, Cummins, Federal-Mogul, Honey …
Global Market Insights added Most up-to-date research on “Automotive Turbocharger Market: Global Industry Size, Share, Trends and Forecast, 2019 – 2024″ to its huge collection of research reports. This Research study on the Global Automotive Turbocharger Market offers detailed and insightful information on major regional markets and related sub-markets. Automotive turbocharger market from PCVs are likely to capture highest revenue share, surpassing 60% by the end of 2024. Rising production of these
Railway Management System Market set for years of strong growth By Huawei Techno …
Global Market Insights added Most up-to-date research on “Automotive Turbocharger Market: Global Industry Size, Share, Trends and Forecast, 2019 – 2024″ to its huge collection of research reports. This Research study on the Global Automotive Turbocharger Market offers detailed and insightful information on major regional markets and related sub-markets. Railway Management System Market will grow at a CAGR of over 10% with USD 64 billion by 2024. The cloud deployment model is
Where Will The Automotive Communication Technology Market Be In 2024? Industry P …
The Europe automotive communication technology market held over 26% of the market share in 2017. The growth in this region is attributed to the rising awareness regarding automotive safety among citizens and stringent government regulations. The region is also the home for leading automotive semiconductor providers such as Elmos Semiconductor, NXP Semiconductor, STMicroelectronics, and Vector Informatik, which contributes to the market growth in this region. Poland is one of the

All 5 Releases


More Releases for Motor

Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status
Sports Utility Vehicle Market to 2025 – Suzuki Motor, PSA Group, FCA Group, Ho …
Sports utility Vehicles Market are the vehicles which appear as a station wagon designed for the off roads travelling which not only used for commercial purpose but for family purpose also providing high functionality with comfort and luxury and above built with enormous space too. One of the major driver for the growth of Sports Utility Vehicles market is the continual improvement in styling, comfort, outer body and systems in
Axial Piston Motor Market
Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2100 An axial piston motor is a positive displacement motor that has a number of pistons in a circular array within a cylinder block. Axial piston motor works with a bent axis design or swash plate principle and is available in both variable and fixed displacement designs. The constant displacement type works as a hydraulic motor and the variable displacement type works as a hydraulic pump. Growing the
Global Luxury Van Market: Honda Motor, Hyundai Motor, Toyota Motor, Ford Motor, …
Qyresearchreports include new market research report Global Luxury Van Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Luxury Van in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. This report focuses on top manufacturers in global market, with production, price, revenue and
Enerdoor's Motor Protection Range
Enerdoor has developed a Motor Protection Series to protect motors from harmful overvoltage and dV/dt spikes generated on the output. This is particular useful for applications with variable frequency drives and servo-motors. This series includes common mode and differential mode inductances, sine wave filters and snubbers designed to work with various frequency switches, output frequencies and applications. The sin wave filter series reduces the pulse wave modulation (PWM) effect, converts the PWM
Automobile Market 2017 - Daimler, BMW Group, Honda Motor, Ford Motor, Nissan Mot …
Apex Research, recently published a detailed market research study focused on the "Automobile Market" across the global, regional and country level. The report provides 360° analysis of "Automobile Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Automobile industry, and estimates the future trend of Automobile market on the basis of