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ATV and UTV Market, Industry Share, Trends, Growth, Future Prospects, Forecast 2019 to 2025

08-26-2020 11:37 AM CET | Logistics & Transport

Press release from: Orion Market Reports

ATV and UTV Market

ATV and UTV Market

An all-terrain vehicle (ATV) is a vehicle with four low-pressure tires and handlebars. It is known for its manoeuvrability and off-road capabilities, and is used in military, marine, army ground units, surveying, forestry, agriculture, sports and other fields. These are typically used in off-road environments, but few areas allow the use of these vehicles even on public roads. Utility Terrain Vehicles (UTVs) are vehicles designed to perform tasks in a more efficient manner than general purpose vehicles. It is also known as a side-by-side four-wheel drive off-road vehicle that can accommodate 2 to 6 people.

The global ATV and UTV market was valued at $76.28 million in 2019, and is expected to reach $14,109.2 million by 2025, with an annual average growth of 7.8% from 2019 to 2025. Government regulations supporting ATVs and UTVs in military activities and driving ATVs and UTVs on the road are driving the growth of the ATV and UTV markets. However, the ban on driving ATVs and UTVs in wildlife areas is hampering market growth due to terrain degradation and high maintenance costs of ATVs and UTVs. In addition, the production of safer ATVs and UTVs is expected to increase the demand for these vehicles. This, in turn, promotes the growth of the market.

Get Sample Copy of ATV and UTV Market at: https://www.orionmarketreports.com/atv-and-utv-market/38136/#ert_pane1-1

The following players are covered in this report:

• Honda Motors Co Ltd
• Yamaha Motors
• Deere and Company
• Kubota Corporation
• Polaris Industries
• Caterpillar Inc.
• Bobcat Company
• Bombardier Recreational Products
• Hisun Motors

ATV and UTV Market Segmentation by Type

• ATV
• UTV

ATV and UTV Market Segmentation by Application

• Utility
• Sports
• Others

ATV and UTV Market Segmentation by End-User

• Agriculture
• Military
• Mountaineering
• Others

ATV and UTV Market Segmentation by Fuel Type

• Gasoline Powered
• Diesel Powered
• Electric Powered
• Solar Powered

A full report of Global ATV and UTV Market is available at: https://www.orionmarketreports.com/atv-and-utv-market/38136/

Scope of the Report

The research study analyses the global ATV and UTV industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by ATV and UTV Market Report

1. What was the ATV and UTV Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of ATV and UTV Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the ATV and UTV Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

For more customized data, request for report customization @ https://www.orionmarketreports.com/atv-and-utv-market/38136/#ert_pane1-2

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavours to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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