openPR Logo
Press release

Global All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Market to Reach $15.76 Billion by 2029, Growing at 9.1% CAGR

03-05-2025 11:09 AM CET | Logistics & Transport

Press release from: The Business Research Company

All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV)

All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV)

How Are the key drivers contributing to the expansion of the all-terrain vehicle (atv) and utility task vehicle (utv) market?
The ATV and UTV market is expected to benefit from the growing worldwide consciousness aimed at reducing greenhouse gas emissions. This heightened awareness, catalyzing an understanding of the impact of climate change on health, will usher in behavioral modifications and societal approval for the required actions to curtail greenhouse gas emissions. The US Environmental Protection Agency (EPA), for instance, states that the transportation industry contributes to the majority of greenhouse gas emissions. These emissions majorly stem from using fossil fuel for vehicles, ships, trains, and airplanes. Astonishingly, over 94% of the fuel utilized for transportation is petroleum-based, predominantly gasoline and diesel. Therefore, due to the mounting universal consciousness about reducing greenhouse gas emissions, the ATV and UTV market is likely to witness significant growth.

Get Your All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Market Report Here:
https://www.thebusinessresearchcompany.com/report/all-terrain-vehicle-atv-and-utility-task-vehicle-utv-global-market-report

What growth opportunities are expected to drive the all-terrain vehicle (atv) and utility task vehicle (utv) market's CAGR through 2034?
The market size of the all-terrain vehicle (ATV) and utility task vehicle (UTV) has seen substantial growth recently. The forecast for its size is a surge from $10.25 billion in 2024 to about $11.13 billion by 2025, with a compound annual growth rate (CAGR) of 8.5%. Factors contributing to its growth in the previous period include the development of emerging markets, an increase in the use of ATVs and UTVs in military operations, and global population growth.

The market for all-terrain vehicles (ATV) and utility task vehicles (UTV) is anticipated to witness significant growth in the forthcoming years and is predicted to expand to a whopping $15.76 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this growth in the forecast period include intensifying urbanization, a rise in the number of affluent individuals, and a conscious global effort to minimize greenhouse gas emissions. Key trends anticipated in the prediction period include the advent of electric ATVs and UTVs aimed at reducing fossil fuels usage, noise and emissions, production of amphibious terrain vehicles equipped with additional flotation screens or collars for enhanced buoyancy in water, following strategic partnerships and acquisitions to boost financial stability, bolster product line and increase global reach, and focusing on product innovations and the development of new product solutions to solidify their market position.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8587&type=smp

What are the emerging trends shaping the future of the all-terrain vehicle (atv) and utility task vehicle (utv) market?
One significant trend gaining traction in the all-terrain vehicle (ATV) and utility task vehicle (UTV) markets is the emergence of technologically superior vehicles. To maintain their market dominance, major players are focusing on launching innovative vehicles. As an example, Yamaha Motor Corp, a Japan-based company known for manufacturing motorcycles, as well as other motorized products, introduced its 2023 Proven Off-Road ATV/UTV and Side-by-Side Lineup in August 2022. This launch included the 2023 Pure-Sport SxS Lineup, YXZ1000R SS, and YXZ1000R that comes equipped with Yamaha's Sport Shift (SS) technology with steering column-mounted aluminum paddles for quick gear changes. These 2023 YXZ1000R models are designed to manage varying terrains, be it expansive deserts and dunes or muddy trails and rocky landscapes. The YXZ sports an industry-first 998-cc triple-cylinder engine from Yamaha and a sequential five-speed manual transmission with either an auto-clutch or clutch pedal, providing an unrivaled direct-connection experience in an SxS.

Which growth-oriented segments of the all-terrain vehicle (atv) and utility task vehicle (utv) market are leading the industry's development?
The all-terrain vehicle (ATV) and utility task vehicle (UTV) market covered in this report is segmented -

1) By Type: All-Terrain Vehicle (ATV), Utility Task Vehicle (UTV)
2) By Displacement: Less Than 400cc, 400cc-800cc, More Than 800cc, Others
3) By Fuel Types: Fossil Fuels, Electric, Solar
4) By End User: Recreational, Sports, Agriculture And Utility, Military And Defense, Other End-Users

Subsegments:
1) By All-Terrain Vehicle (ATV): Sport ATVs, Utility ATVs, Recreation ATVs
2) By Utility Task Vehicle (UTV): 2-Seater UTVs, 4-Seater UTVs, Diesel UTVs

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8587

What regions are leading the charge in the all-terrain vehicle (atv) and utility task vehicle (utv) market?
Asia-Pacific was the largest region in the all-terrain vehicle (ATV) and utility task vehicle (UTV) market in 2024. The regions covered in the all-terrain vehicle (ATV) and utility task vehicle (UTV) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the all-terrain vehicle (atv) and utility task vehicle (utv) market?
Major companies operating in the all-terrain vehicle (ATV) and utility task vehicle (UTV) market include Suzuki Motor Corporation, Hisun Motors Corporation, Kubota Corporation, Honda Motors Co Ltd, Textron Inc., TGB, Daeshin Metal Mfg Co. Ltd, LINHAI, Tao Motor, Jiangsu Jinjie Motorcycle Manufacture Co. Ltd, Zhejiang FeiDu Vehicle Co. Ltd, Minghui Brother International Co Ltd, BAE Systems, Kässbohrer All Terrain Vehicles Inc, SHERP, John Deere, American Honda Motor Co. Inc, SellyourATV.ae, Taiwan Golden Bee, Polaris Industries Inc., BRP Inc., CFMOTO, Inc., Kawasaki Heavy Industries Ltd., Arctic Cat Inc., Yamaha Motor Corporation, Deere & Company, Kwang Yang Motor Co., Ltd., RJWC Powersports, Powerland Tachyon.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8587&type=smp

What Is Covered In The All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Global Market Report?

•Market Size Forecast: Examine the all-terrain vehicle (atv) and utility task vehicle (utv) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the all-terrain vehicle (atv) and utility task vehicle (utv) market for a structured understanding.
•Key Players Overview: Analyze major players in the all-terrain vehicle (atv) and utility task vehicle (utv) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the all-terrain vehicle (atv) and utility task vehicle (utv) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the all-terrain vehicle (atv) and utility task vehicle (utv) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the all-terrain vehicle (atv) and utility task vehicle (utv) market.
•Industry Challenges: Identify potential risks and obstacles affecting the all-terrain vehicle (atv) and utility task vehicle (utv) market.
•Competitive Landscape: Review strategic developments in the all-terrain vehicle (atv) and utility task vehicle (utv) market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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 Global All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Market to Reach $15.76 Billion by 2029, Growing at 9.1% CAGR here

News-ID: 3898859 • Views:

More Releases from The Business Research Company

Global Double-Sided Masking Tapes Market Expansion at 7.8% CAGR, Valued at $18.43 Billion by 2029
Global Double-Sided Masking Tapes Market Expansion at 7.8% CAGR, Valued at $18.4 …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide. What Are the Double-Sided Masking Tapes Market Size Forecast for 2025? The market size of double-sided masking tapes has been experiencing consistent growth in recent years. The market will increase from a figure of $13.01 billion in 2024 to about $13.64 billion in 2025, demonstrating a compound annual growth rate
Construction Adhesives Market on Path to Hit $18.32 Billion by 2029 at 9% CAGR
Construction Adhesives Market on Path to Hit $18.32 Billion by 2029 at 9% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide. Construction Adhesives Market Outlook: What Size And CAGR Are Anticipated By 2025? There has been a robust growth in the size of the construction adhesives market in the recent past. The market that was at $12.06 billion in 2024 is projected to rise to $12.95 billion in 2025, with a
Future of Chromatography Resins Market: Size, Share & Forecasts to 2029
Future of Chromatography Resins Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports. What Is the Projected Market Size Valuation of the Chromatography Resins Market by 2025? In recent years, the market size of chromatography resins has experienced significant growth. Starting from a value of $2.95 billion in 2024, it is predicted to increase to $3.15 billion in 2025 with a compound annual growth
Blow-Molded Plastics Industry Set to Achieve $128.73 Billion Milestone by 2029 | Steady 6.7% CAGR
Blow-Molded Plastics Industry Set to Achieve $128.73 Billion Milestone by 2029 | …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. What Is the Long-Term Growth Forecast for the Blow-Molded Plastics Market Size 2025? The market size of blow-molded plastics has seen constant enlargement in the previous few years. It is expected to rise from $97.17 billion in 2024 to $99.31 billion in 2025, at a compound annual growth rate (CAGR) of

All 5 Releases


More Releases for ATV

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,
Global ATV Market Professional Survey Report 2016
MarketResearchReports.Biz presents this most up-to-date research on "Global ATV Market Professional Survey Report 2016" Description View Full Report at: http://www.marketresearchreports.biz/analysis/740786 This report mainly covers the following Product types including Sport ATV Utility ATV Other ATV Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India The players list (Partly, Players you are interested in can also be added) Polaris Kawasaki Yamaha Arctic Cat Honda BRP Suzuki KYMCO TGB Cectek HISUN CFMOTO XY FORCE LINHAI Feishen Group ShuoPu With 16 top producers. Data including (both global and regions): Market Size (both volume -