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Rising Popularity Of Recreational Activities Fuels Snowmobile Market Growth Driver: Leading Transformation in the Snowmobile Market in 2025

03-17-2025 04:14 AM CET | Logistics & Transport

Press release from: The Business Research Company

Snowmobile Market Trends

Snowmobile Market Trends

What market dynamics are playing a key role in accelerating the growth of the snowmobile market?
The rising trend of engaging in recreational activities is set to stimulate the expansion of the snowmobile market. Recreational activities are those outdoor leisure pastimes, which include activities such as skiing, snowmobiling, ice skating, and snowboarding. Over recent years, these outdoor winter activities have seen a surge in popularity, which in turn has led to an increase in snowmobile demand as people look for exciting and efficient ways to explore snowy terrains and reach out-of-the-way locations. For example, a report by Outdoor Industry Association, a non-profit organization based in the US, on the trend of outdoor participation in June 2023 confirmed that the number of outdoor recreation participants soared by 2.3% in 2022, reaching a peak of 168.1 million from 164.2 million in 2021. This accounted for 55% of the US population aged six and up. The growing trend towards winter sports and recreational activities is thus set to fuel the expansion of the snowmobile market. A Surge in Tourism Industry Boosts Snowmobile Market Growth

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How will the growth rate of the snowmobile market shape industry trends by 2034?
In the past few years, the size of the snowmobile market has seen stable growth. It is expected to increase from $1.77 billion in 2024 to $1.84 billion in 2025, with a compound annual growth rate (CAGR) of 4.2%. The growth witnessed in the historic period can be credited to factors like the growth of winter tourism, the expansion of snowmobiling trails, economic prosperity, the popularity of extreme sports, the rural lifestyle, and improved accessibility.

In the upcoming years, the snowmobile market is predicted to experience consistent expansion. By 2029, it is forecasted to reach $2.22 billion, with a compound annual growth rate (CAGR) of 4.8%. Factors contributing to this growth during the forecast period include adherence to environmental laws, the surge in adventure tourism, the popularity of winter sports contests, youth participation activities, and the effect of climate change. Top trends projected for the forecast period encompass smart connectivity, use of lightweight materials and design advancements, ergonomic comfort design, trail and backcountry adaptability, and the ability to personalize through customization options.

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What trends are poised to drive the future success of the snowmobile market?
Leading firms in the snowmobile market are embracing novel technologies like electric snowmobile technology in response to changing environmental regulations and increasing customer preference for greener and quieter snowmobiling experiences. This technology, which incorporates electric powertrains such as electric motors and batteries, powers snowmobiles in a more eco-friendly manner, significantly decreasing emissions and sound pollution in snow-laden landscapes. For example, Taiga Motors Corporation, a Canadian producer of electric offroad vehicles, introduced the entirely electric Nomad snowmobile in March 2022. This breakthrough product allows outdoor adventurers to relish nature without sacrificing performance or environmental integrity. This trailblazing snowmobile comes with a sleek new design, a sophisticated mechanical structure, and caters to a variety of uses. Boasting a top speed of 120 km/h, a potent 120 HP engine, incomparable performance, and a towing capacity of up to 1,125 lbs, the Taiga Nomad easily tackles mountains and sharp inclines. Its remarkable torque of 170 Nm renders it a favorite amongst winter adventurers.

Which primary segments of the snowmobile market are driving growth and industry transformations?
The snowmobile market covered in this report is segmented -

1) By Product Type: Entry level, Performance, Touring, Mountain, Utility, Crossover
2) By Engine Type: Two Stroke Engine, Four Stroke Engine
3) By Engine Size: Below 500 CC, 500 CC To 900 CC, Above 900 CC
4) By Seating Capacity: Single Seater, Multi Seater
5) By Distribution Channel: Offline, Online

Subsegments:
1) By Entry Level: Youth Snowmobiles, Beginner Models
2) By Performance: High-Performance Snowmobiles, Sport Models
3) By Touring: Two-Up Touring Snowmobiles, Long-Distance Touring Models
4) By Mountain: Deep Snow Models, Climbing-Specific Snowmobiles
5) By Utility: Work Snowmobiles, Utility Transport Models
6) By Crossover: Multi-Use Snowmobiles, Versatile Models For Different Conditions

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North America was the largest region in the snowmobile market in 2024. The regions covered in the snowmobile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the snowmobile market landscape?
Major companies operating in the snowmobile market report are Yamaha Motor Corporation, Polaris Inc., Bombardier Recreational Products Inc. (BRP), Camso Inc., Triton Services Inc., Arctic Cat Inc., Kimpex Inc., Woody's Traction (International Engineering & Manufacturing Inc.), KLIM Technical Riding Gear, Blackcomb Snowmobile, Backcountry Access Inc., Boondocker LLC, Slednecks, Alpina Snowmobiles S.r.l., Skinz Protective Gear, Sled Solutions LLC, Curve Industries Inc., IceAge Performance, TimberSled, AD Boivin Inc., Crazy Mountain Motorports Inc., Laflamme Racing, Taiga Motors Corporation, Taiga Motors Group, Crazy Mountain Industries Inc., Aurora Powertrains

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What Is Covered In The Snowmobile Global Market Report?

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

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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.

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