openPR Logo
Press release

Impact of Covid-19 on ATV and UTV Industry Benchmarking the Sudden Strategy Change by Top 50 Companies in the World

04-08-2020 05:09 PM CET | Logistics & Transport

Press release from: Allied Market Research

Impact of Covid-19 on ATV and UTV Industry Benchmarking

All-terrain Vehicle and Utility Task Vehicle Market: Factors such as increase in trend of adventure sports and recreational activities and adoption of ATV and UTV in military activities fuel the growth of the ATV and UTV market. In addition, government rules to support driving ATVs and UTVs on road boosts the market growth. However, ban on ATV and UTV driving in wildlife area due to terrain damage and high maintenance cost of ATVs and UTVs hinder the market growth. Moreover, production of safer ATVs and UTVs is anticipated to provide remunerative opportunities for the expansion of the market.

Covid 19 (Coronavirus) Impact & Get To Know Top 50 Companies Changed Strategies: https://www.alliedmarketresearch.com/request-sample/5154

According to a recent report published by Allied Market Research, titled,"Global ATV and UTV Market by Vehicle Type, Displacement, Fuel Type, Application, and End-user Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global ATV & UTV market was valued at $7,628.0 million in 2017, and is projected to reach $14,109.2 million by 2025, registering a CAGR of 7.8% from 2018 to 2025.

At present, North America dominates the market, followed by Asia-Pacific, Europe, and LAMEA. U.S. dominated the global ATV & UTV market in 2017, whereas Middle East is expected to grow at a significant growth rate in LAMEA during the forecast period.

Speak with Our Analysts/Industry Experts To Find Solution For Your Business: https://www.alliedmarketresearch.com/connect-to-analyst/5154

Key Findings of the ATV and UTV Market:
o In 2017, based on vehicle type, the ATV segment generated the highest revenue.
o In 2017, based on displacement, the 400-800 (CC) segment was the highest revenue contributor.
o In 2017, based on fuel type, the gasoline segment generated the highest revenue.
o In 2017, based on application, the sports segment for ATV and utility for UTV was the highest revenue contributor.
o In 2017, based on end-user vertical, the mountaineering segment generated the highest revenue.
o In 2017, based on region, North America contributed the highest market revenue, followed by Asia-Pacific, Europe, and LAMEA.
o The key players analyzed in this report are Polaris Industries, Inc., Deere & Company., Kawasaki Motors Corp., U.S.A., Yamaha Motor Co., Ltd., ARCTIC CAT INC., Honda Motor Company, BRP, HISUN, KYMCO, and Suzuki.

Interested to Procure The Data? Inquire Here: https://www.alliedmarketresearch.com/purchase-enquiry/5154

In 2017, by vehicle type, the ATV dominated the global ATV & UTV market, in terms of revenue. In addition, based on displacement, the 400âEUR"800 (CC) segment generated the highest revenue. By fuel type, the gasoline segment is expected to maintain the lead throughout the forecast period. Based on application, the sports segment has the highest contribution in ATV whereas the utility segment has highest contribution in the revenue for UTV. By end-user vertical, the mountaineering segment has the highest revenue globally. At present, North America is the highest revenue contributor and is expected to garner the highest revenue in the global market during the forecast period, followed by Asia-Pacific, Europe, and LAMEA.

Request for Customization: https://www.alliedmarketresearch.com/request-for-customization/5154

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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 Impact of Covid-19 on ATV and UTV Industry Benchmarking the Sudden Strategy Change by Top 50 Companies in the World here

News-ID: 2004086 • Views: …

More Releases from Allied Market Research

Faucet Market Forecast 2035: Reaching USD 118.4 billion by 2035
Faucet Market Forecast 2035: Reaching USD 118.4 billion by 2035
According to a new report published by Allied Market Research, titled, "Faucet Market," The faucet market size was valued at $48.9 billion in 2023, and is estimated to reach $118.4 billion by 2035, growing at a CAGR of 7.6% from 2023 to 2035. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/2448 Faucet is a plumbing fixture used to control the flow of water in various settings such as kitchens,…
Vinyl Wallpaper Market Size Forecasted to Grow at 3.3% CAGR, Reaching USD 1.3 billion by 2031
Vinyl Wallpaper Market Size Forecasted to Grow at 3.3% CAGR, Reaching USD 1.3 bi …
The Vinyl Wallpaper Market Size was valued at $943.30 million in 2021, and is estimated to reach $1.3 billion by 2031, growing at a CAGR of 3.3% from 2022 to 2031. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/16970 Vinyl wallpaper consists of a carrier layer (recycled paper or non-woven wallpaper base) and a decorative layer made of polyvinyl chloride. A synthetic foam layer provides three-dimensional structures to…
Luxury Travel Market Set to Achieve a Valuation of US$ 2149.7 billion, Riding on a 7.4% CAGR by 2035
Luxury Travel Market Set to Achieve a Valuation of US$ 2149.7 billion, Riding on …
According to a new report published by Allied Market Research, titled, "Luxury Travel Market," The luxury travel market size was valued at $890.8 billion in 2023, and is estimated to reach $2149.7 billion by 2035, growing at a CAGR of 7.4% from 2024 to 2035. Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1662 Luxury travel refers to travel experiences that offer exceptional comfort, exclusivity, and personalized services, typically catering to…
Men Personal Care Market to Grow at a CAGR of 8.6% and will Reach USD 276.9 billion by 2030
Men Personal Care Market to Grow at a CAGR of 8.6% and will Reach USD 276.9 bill …
According to a new report published by Allied Market Research, titled, "Men Personal Care Market by Type, Age Group, Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030," the men personal care market size is expected to reach $276.9 billion by 2030 at a CAGR of 8.6% from 2021 to 2030. Request The Sample PDF of This Report: @ https://www.alliedmarketresearch.com/request-sample/1701 Men personal care products are non-medicinal…

All 5 Releases


More Releases for ATV

ATV & Side by Side Market Research Report
"Global ATV & Side by Side Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032" is published by Global Info Research. It covers the key influencing factors of the ATV & Side by Side market, including ATV & Side by Side market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales,…
QJMOTOR ATV Returns as King, Claims Dual Crowns - Triumphs in Taklimakan Rally A …
Whether it is thrilling, difficulty, scale, influence, etc., the Taklimakan Rally is the top event in China, and there is no stronger than the Taklimakan Rally, and similarly, to participate in such an event, for the vehicle, drivers, backup services are an incomparable test, but also the embodiment of the level. Image: https://www.abnewswire.com/upload/2025/06/f604c69094dbc771456ec0d2c944ba0a.jpg Anyone who has ever driven an ATV knows that although it has two more wheels than an ordinary motorcycle…
QJMOTOR ATV 1000: Off-Road Triumph
Unleashing the beast in the wild! QJMOTOR's Polish riders put the QJMOTOR ATV 1000 [https://global.qjmotor.com/car.html?id=142] through its paces, tackling terrains with ease. Built for power, precision, and ultimate adventure-this is off-road riding at its best! Image: https://www.abnewswire.com/upload/2025/04/79c28d6edba4ffb0ea0c6cb6bd73bbc9.jpg Every rocky incline, every muddy rut, every seemingly impassable obstacle became a mere plaything under the ATV's potent engine. It wasn't just about brute force, though; the precision with which these riders navigated the complex…
ATV and UTV Market: UTV segment to lead in terms of revenue, ATV to grow the fas …
Increase in trend of power sports and outdoor recreational activities, extensive use of ATV and UTV in military activities, and government rules in favor of driving ATVs and UTVs on roads drive the market growth. However, ban on ATV and UTV driving in wildlife areas due to terrain damage and high maintenance cost of ATVs and UTVs restrain the growth of the market. Conversely, production of safer ATVs and UTVs…
Sports ATV Equipment Global Market 2019-2025
Press Release – 21 Jan 2019 Research and Development News -- . . Latest Update "Global Sports ATV Equipment Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future. ' ' An all-terrain vehicle (ATV), also known as a quad, quad bike, three-wheeler, four-wheeler or quadricycle as defined by the American National Standards Institute (ANSI) is a vehicle that travels on low-pressure tires, with a seat that is straddled by…
All-Terrain Vehicle (ATV) Market Report 2018: Segmentation by Product (Sport ATV …
Global All-Terrain Vehicle (ATV) market research report provides company profile for Arctic Cat, Bombardier Recreational Products, CECTEK, CFmoto, Honda Motors, Kawasaki Motors Corporation, HiSun Motors, John Deere, KYMCO, Linhai, Suzuki Motor Corporation, Polaris Industries and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…