Press release
Surging demand for ATVs and UTVs in the military propel Global ATV and UTV Market Growth
According to a new market research report published by Inkwood Research, the global ATV and UTV market is expected to reach a revenue of USD 13,114.59 Mn by 2032, at a CAGR of 4.64% during the forecast period 2023-2032.Browse 54 market data Tables and 84 Figures spread over 267 Pages, along with an in-depth analysis of the Global ATV and UTV Market by Displacement, Fuel Type, Vehicle Type, End-User, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis with inputs from industry professionals across the value chain.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-kingdom-atv-and-utv-market/
Global ATV and UTV Market Scenario
ATVs (all-terrain vehicles) are fitted with four low-pressure handlebars and tires. These vehicles find applications in agriculture, forestry, surveys, sports, military, etc., given their maneuverability and off-road capabilities.
There is a growing demand for ATVs & UTVs for military activities like driving on difficult terrains and transporting troops. Also, these offer superior mobility in tactical missions. In addition, superior navigational aids that offer instant directions for vehicle operators and flexibility contribute to their growing demand in the military segment. Moreover, various countries organize yearly championships, which are gaining popularity for ATVs' ease of use. Therefore, the trend of recreational activities and adventure sports attracts tourists and propels market growth.
The Global ATV and UTV Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global ATV and UTV Market by Displacement, Fuel Type, Vehicle Type, End-User, & by Geography: https://inkwoodresearch.com/reports/atv-and-utv-market/#request-free-sample
Market Segmentation
Market by Vehicle Type
• ATV
• UTV
Market by Fuel Type
• Gasoline-Powered
• Diesel-Powered
• Electric-Powered
• Solar-Powered
Market by Displacement
• ≤400 (CC)
• 400-800 (CC)
• ≥800 (CC)
Market by End-User
• Recreational
• Sports
• Agriculture & Utility
• Military & Defense
• Other End-Users
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032
Companies Profiled
• KAWASAKI HEAVY INDUSTRIES LTD
• DEERE & COMPANY
• HISUN
• TEXTRON INC (ARCTIC CAT)
• YAMAHA MOTOR CO LTD
• KUBOTA CORPORATION
• BRP INC
• KWANG YANG MOTOR CO LTD
• SUZUKI MOTORS CORPORATION
• CFMOTO
• HONDA MOTOR COMPANY LTD
• POLARIS INDUSTRIES INC
Inkwood Research
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Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
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