All-terrain Vehicle Market Developments by 2031
The All-terrain Vehicle Market is expected to register a CAGR of 2.9% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Utility ATV, Sport ATV); Drive Type (2-wheel drive, 4-wheel drive, All-wheel drive); Engine Capacity ( 800 CC); Fuel Type (Gasoline, Electric); Seating Capacity (One-Seat ATV, Two-Seat ATV), The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report All-terrain Vehicle Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
All-terrain Vehicle Market Segmentation
Type- Utility ATV
- Sport ATV
- 2-wheel drive
- 4-wheel drive
- All-wheel drive
- 800 CC
- Gasoline
- Electric
- Gasoline
- Electric
Strategic Insights
All-terrain Vehicle Market Growth Drivers- Gains in ATV Interest: Trail riding, camping, and hunting are some of outdoor recreational activities that have gained popularity. Rising interest from individual and family participations in seeking adventure and leisure in natural surroundings has solidified demand for ATVs.
- Technological Advancements and Improved Features: The ATV market is enjoying technological advancements continually in the product, such as improved engine performance, enhanced suspension, and sophistication features like GPS navigation and connectivity features. This improves the experience for the customers and adds to what the vehicle can do, entrenching new customers and satisfying the main exigency of retaining old ones seeking high-performance vehicles for both recreational and utility purposes.
- Increasing outdoor recreational activities: The growing interest in outdoor recreation, such as off-roading, camping, and hiking, is a factor driving the demand for ATVs. Enthusiasts use ATVs for rugged terrain exploration, and therefore, more consumers seek vehicles that can handle such environments and provide a thrilling experience.
- Development of Electric All-Terrain Vehicles: Now that the tide is slowly shifting in all parts of the world towards sustainable routes for transportation, an opportunity has finally emerged for the development of electric all-terrain vehicles. Because environmentally conscious consumers are soon to become the majority, electric ATVs can provide quieter and cleaner alternatives to a traditional gas counterpart.
- Market Growth in Maturing Markets: The current size of the ATV market is big enough for investors to target emerging markets for growth. This room is available in markets such as Asia-Pacific and Latin America, wherein rising disposable incomes and interest in outdoor activities demand it. More people are looking for recreational vehicles for leisure and utility purposes. Companies that enter this market can take advantage of consumers' expanding base.
- Sportster ATV Racing Events and Competitions: The rising sportster ATV racing events and competitions, attributed to their high-performance models, are stimulating interest in such racing bikes. Many are competing in races, hill climbs, and off-road challenges, thereby accelerating the growth of specialized racing ATVs. The competition is putting pressure on manufacturers to create performance-based models that would attract competitive riders, which would further expand the market for all-terrain vehicles.
- Increased Popularity in Utility ATVs: Utility ATVs - utility ATVs that have made it popular for use mainly in farming, forestry work, and maintenance tasks on the farm. As an example, utility ATVs are increasingly being used as tools for agricultural purposes, to improve logistics, and industrial jobs, which is what raises the demand for practical types.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the All-terrain Vehicle Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the All-terrain Vehicle Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The All-terrain Vehicle Market is estimated to witness a CAGR of 2.9% from 2023 to 2031
The major factors driving the All-terrain Vehicle Market are: Gains in ATV Interest#Technological Advancements and Improved Features
Increased Focus on Safety Features is the key future trend of the All-terrain Vehicle Market
The leading players operating in the All-terrain Vehicle Market include Arctic Cat (Textron), Can-AM (BRP), CFMOTO, Honda Motor Co., Ltd., Jiangsu Linhai Power Machinery Group Corp., Kawasaki Motors Corp., U.S.A., Polaris Inc., Suzuki Motor of America, Inc., Taiwan Golden Bee Co. (TGB)
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 All-terrain Vehicle Market - By Type
1.3.2 All-terrain Vehicle Market - By Drive Type
1.3.3 All-terrain Vehicle Market - By Engine Capacity
1.3.4 All-terrain Vehicle Market - By Fuel Type
1.3.5 All-terrain Vehicle Market - By Seating Capacity
1.3.6 All-terrain Vehicle Market - By Application
1.3.7 All-terrain Vehicle Market - By Region
1.3.7.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ALL-TERRAIN VEHICLE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ALL-TERRAIN VEHICLE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ALL-TERRAIN VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1. ALL-TERRAIN VEHICLE - GLOBAL MARKET OVERVIEW
6.2. ALL-TERRAIN VEHICLE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. UTILITY ATV
7.3.1. Overview
7.3.2. Utility ATV Market Forecast and Analysis
7.4. SPORT ATV
7.4.1. Overview
7.4.2. Sport ATV Market Forecast and Analysis
8. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - DRIVE TYPE
8.1. OVERVIEW
8.2. DRIVE TYPE MARKET FORECASTS AND ANALYSIS
8.3. 2-WHEEL DRIVE
8.3.1. Overview
8.3.2. 2-wheel drive Market Forecast and Analysis
8.4. 4-WHEEL DRIVE
8.4.1. Overview
8.4.2. 4-wheel drive Market Forecast and Analysis
8.5. ALL-WHEEL DRIVE
8.5.1. Overview
8.5.2. All-wheel drive Market Forecast and Analysis
9. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE CAPACITY
9.1. OVERVIEW
9.2. ENGINE CAPACITY MARKET FORECASTS AND ANALYSIS
9.3. <400 CC
9.3.1. Overview
9.3.2. <400 CC Market Forecast and Analysis
9.4. 400 TO 800 CC
9.4.1. Overview
9.4.2. 400 to 800 CC Market Forecast and Analysis
9.5. > 800 CC
9.5.1. Overview
9.5.2. > 800 CC Market Forecast and Analysis
10. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - FUEL TYPE
10.1. OVERVIEW
10.2. FUEL TYPE MARKET FORECASTS AND ANALYSIS
10.3. GASOLINE
10.3.1. Overview
10.3.2. Gasoline Market Forecast and Analysis
10.4. ELECTRIC
10.4.1. Overview
10.4.2. Electric Market Forecast and Analysis
11. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - SEATING CAPACITY
11.1. OVERVIEW
11.2. SEATING CAPACITY MARKET FORECASTS AND ANALYSIS
11.3. ONE-SEAT ATV
11.3.1. Overview
11.3.2. One-Seat ATV Market Forecast and Analysis
11.4. TWO-SEAT ATV
11.4.1. Overview
11.4.2. Two-Seat ATV Market Forecast and Analysis
12. ALL-TERRAIN VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
12.1. OVERVIEW
12.2. APPLICATION MARKET FORECASTS AND ANALYSIS
12.3. SPORTS
12.3.1. Overview
12.3.2. Sports Market Forecast and Analysis
12.4. AGRICULTURE
12.4.1. Overview
12.4.2. Agriculture Market Forecast and Analysis
12.5. ENTERTAINMENT
12.5.1. Overview
12.5.2. Entertainment Market Forecast and Analysis
12.6. MILITARY AND DEFENSE
12.6.1. Overview
12.6.2. Military and Defense Market Forecast and Analysis
12.7. OTHERS
12.7.1. Overview
12.7.2. Others Market Forecast and Analysis
13. ALL-TERRAIN VEHICLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
13.1. NORTH AMERICA
13.1.1 North America All-terrain Vehicle Market Overview
13.1.2 North America All-terrain Vehicle Market Forecasts and Analysis
13.1.3 North America All-terrain Vehicle Market Forecasts and Analysis - By Type
13.1.4 North America All-terrain Vehicle Market Forecasts and Analysis - By Drive Type
13.1.5 North America All-terrain Vehicle Market Forecasts and Analysis - By Engine Capacity
13.1.6 North America All-terrain Vehicle Market Forecasts and Analysis - By Fuel Type
13.1.7 North America All-terrain Vehicle Market Forecasts and Analysis - By Seating Capacity
13.1.8 North America All-terrain Vehicle Market Forecasts and Analysis - By Application
13.1.9 North America All-terrain Vehicle Market Forecasts and Analysis - By Countries
13.1.9.1 United States All-terrain Vehicle Market
13.1.9.1.1 United States All-terrain Vehicle Market by Type
13.1.9.1.2 United States All-terrain Vehicle Market by Drive Type
13.1.9.1.3 United States All-terrain Vehicle Market by Engine Capacity
13.1.9.1.4 United States All-terrain Vehicle Market by Fuel Type
13.1.9.1.5 United States All-terrain Vehicle Market by Seating Capacity
13.1.9.1.6 United States All-terrain Vehicle Market by Application
13.1.9.2 Canada All-terrain Vehicle Market
13.1.9.2.1 Canada All-terrain Vehicle Market by Type
13.1.9.2.2 Canada All-terrain Vehicle Market by Drive Type
13.1.9.2.3 Canada All-terrain Vehicle Market by Engine Capacity
13.1.9.2.4 Canada All-terrain Vehicle Market by Fuel Type
13.1.9.2.5 Canada All-terrain Vehicle Market by Seating Capacity
13.1.9.2.6 Canada All-terrain Vehicle Market by Application
13.1.9.3 Mexico All-terrain Vehicle Market
13.1.9.3.1 Mexico All-terrain Vehicle Market by Type
13.1.9.3.2 Mexico All-terrain Vehicle Market by Drive Type
13.1.9.3.3 Mexico All-terrain Vehicle Market by Engine Capacity
13.1.9.3.4 Mexico All-terrain Vehicle Market by Fuel Type
13.1.9.3.5 Mexico All-terrain Vehicle Market by Seating Capacity
13.1.9.3.6 Mexico All-terrain Vehicle Market by Application
13.2. EUROPE
13.2.1 Europe All-terrain Vehicle Market Overview
13.2.2 Europe All-terrain Vehicle Market Forecasts and Analysis
13.2.3 Europe All-terrain Vehicle Market Forecasts and Analysis - By Type
13.2.4 Europe All-terrain Vehicle Market Forecasts and Analysis - By Drive Type
13.2.5 Europe All-terrain Vehicle Market Forecasts and Analysis - By Engine Capacity
13.2.6 Europe All-terrain Vehicle Market Forecasts and Analysis - By Fuel Type
13.2.7 Europe All-terrain Vehicle Market Forecasts and Analysis - By Seating Capacity
13.2.8 Europe All-terrain Vehicle Market Forecasts and Analysis - By Application
13.2.9 Europe All-terrain Vehicle Market Forecasts and Analysis - By Countries
13.2.9.1 Germany All-terrain Vehicle Market
13.2.9.1.1 Germany All-terrain Vehicle Market by Type
13.2.9.1.2 Germany All-terrain Vehicle Market by Drive Type
13.2.9.1.3 Germany All-terrain Vehicle Market by Engine Capacity
13.2.9.1.4 Germany All-terrain Vehicle Market by Fuel Type
13.2.9.1.5 Germany All-terrain Vehicle Market by Seating Capacity
13.2.9.1.6 Germany All-terrain Vehicle Market by Application
13.2.9.2 France All-terrain Vehicle Market
13.2.9.2.1 France All-terrain Vehicle Market by Type
13.2.9.2.2 France All-terrain Vehicle Market by Drive Type
13.2.9.2.3 France All-terrain Vehicle Market by Engine Capacity
13.2.9.2.4 France All-terrain Vehicle Market by Fuel Type
13.2.9.2.5 France All-terrain Vehicle Market by Seating Capacity
13.2.9.2.6 France All-terrain Vehicle Market by Application
13.2.9.3 Italy All-terrain Vehicle Market
13.2.9.3.1 Italy All-terrain Vehicle Market by Type
13.2.9.3.2 Italy All-terrain Vehicle Market by Drive Type
13.2.9.3.3 Italy All-terrain Vehicle Market by Engine Capacity
13.2.9.3.4 Italy All-terrain Vehicle Market by Fuel Type
13.2.9.3.5 Italy All-terrain Vehicle Market by Seating Capacity
13.2.9.3.6 Italy All-terrain Vehicle Market by Application
13.2.9.4 United Kingdom All-terrain Vehicle Market
13.2.9.4.1 United Kingdom All-terrain Vehicle Market by Type
13.2.9.4.2 United Kingdom All-terrain Vehicle Market by Drive Type
13.2.9.4.3 United Kingdom All-terrain Vehicle Market by Engine Capacity
13.2.9.4.4 United Kingdom All-terrain Vehicle Market by Fuel Type
13.2.9.4.5 United Kingdom All-terrain Vehicle Market by Seating Capacity
13.2.9.4.6 United Kingdom All-terrain Vehicle Market by Application
13.2.9.5 Russia All-terrain Vehicle Market
13.2.9.5.1 Russia All-terrain Vehicle Market by Type
13.2.9.5.2 Russia All-terrain Vehicle Market by Drive Type
13.2.9.5.3 Russia All-terrain Vehicle Market by Engine Capacity
13.2.9.5.4 Russia All-terrain Vehicle Market by Fuel Type
13.2.9.5.5 Russia All-terrain Vehicle Market by Seating Capacity
13.2.9.5.6 Russia All-terrain Vehicle Market by Application
13.2.9.6 Rest of Europe All-terrain Vehicle Market
13.2.9.6.1 Rest of Europe All-terrain Vehicle Market by Type
13.2.9.6.2 Rest of Europe All-terrain Vehicle Market by Drive Type
13.2.9.6.3 Rest of Europe All-terrain Vehicle Market by Engine Capacity
13.2.9.6.4 Rest of Europe All-terrain Vehicle Market by Fuel Type
13.2.9.6.5 Rest of Europe All-terrain Vehicle Market by Seating Capacity
13.2.9.6.6 Rest of Europe All-terrain Vehicle Market by Application
13.3. ASIA-PACIFIC
13.3.1 Asia-Pacific All-terrain Vehicle Market Overview
13.3.2 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis
13.3.3 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Type
13.3.4 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Drive Type
13.3.5 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Engine Capacity
13.3.6 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Fuel Type
13.3.7 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Seating Capacity
13.3.8 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Application
13.3.9 Asia-Pacific All-terrain Vehicle Market Forecasts and Analysis - By Countries
13.3.9.1 Australia All-terrain Vehicle Market
13.3.9.1.1 Australia All-terrain Vehicle Market by Type
13.3.9.1.2 Australia All-terrain Vehicle Market by Drive Type
13.3.9.1.3 Australia All-terrain Vehicle Market by Engine Capacity
13.3.9.1.4 Australia All-terrain Vehicle Market by Fuel Type
13.3.9.1.5 Australia All-terrain Vehicle Market by Seating Capacity
13.3.9.1.6 Australia All-terrain Vehicle Market by Application
13.3.9.2 China All-terrain Vehicle Market
13.3.9.2.1 China All-terrain Vehicle Market by Type
13.3.9.2.2 China All-terrain Vehicle Market by Drive Type
13.3.9.2.3 China All-terrain Vehicle Market by Engine Capacity
13.3.9.2.4 China All-terrain Vehicle Market by Fuel Type
13.3.9.2.5 China All-terrain Vehicle Market by Seating Capacity
13.3.9.2.6 China All-terrain Vehicle Market by Application
13.3.9.3 India All-terrain Vehicle Market
13.3.9.3.1 India All-terrain Vehicle Market by Type
13.3.9.3.2 India All-terrain Vehicle Market by Drive Type
13.3.9.3.3 India All-terrain Vehicle Market by Engine Capacity
13.3.9.3.4 India All-terrain Vehicle Market by Fuel Type
13.3.9.3.5 India All-terrain Vehicle Market by Seating Capacity
13.3.9.3.6 India All-terrain Vehicle Market by Application
13.3.9.4 Japan All-terrain Vehicle Market
13.3.9.4.1 Japan All-terrain Vehicle Market by Type
13.3.9.4.2 Japan All-terrain Vehicle Market by Drive Type
13.3.9.4.3 Japan All-terrain Vehicle Market by Engine Capacity
13.3.9.4.4 Japan All-terrain Vehicle Market by Fuel Type
13.3.9.4.5 Japan All-terrain Vehicle Market by Seating Capacity
13.3.9.4.6 Japan All-terrain Vehicle Market by Application
13.3.9.5 South Korea All-terrain Vehicle Market
13.3.9.5.1 South Korea All-terrain Vehicle Market by Type
13.3.9.5.2 South Korea All-terrain Vehicle Market by Drive Type
13.3.9.5.3 South Korea All-terrain Vehicle Market by Engine Capacity
13.3.9.5.4 South Korea All-terrain Vehicle Market by Fuel Type
13.3.9.5.5 South Korea All-terrain Vehicle Market by Seating Capacity
13.3.9.5.6 South Korea All-terrain Vehicle Market by Application
13.3.9.6 Rest of Asia-Pacific All-terrain Vehicle Market
13.3.9.6.1 Rest of Asia-Pacific All-terrain Vehicle Market by Type
13.3.9.6.2 Rest of Asia-Pacific All-terrain Vehicle Market by Drive Type
13.3.9.6.3 Rest of Asia-Pacific All-terrain Vehicle Market by Engine Capacity
13.3.9.6.4 Rest of Asia-Pacific All-terrain Vehicle Market by Fuel Type
13.3.9.6.5 Rest of Asia-Pacific All-terrain Vehicle Market by Seating Capacity
13.3.9.6.6 Rest of Asia-Pacific All-terrain Vehicle Market by Application
13.3.9.7 Others All-terrain Vehicle Market
13.3.9.7.1 Others All-terrain Vehicle Market by Type
13.3.9.7.2 Others All-terrain Vehicle Market by Drive Type
13.3.9.7.3 Others All-terrain Vehicle Market by Engine Capacity
13.3.9.7.4 Others All-terrain Vehicle Market by Fuel Type
13.3.9.7.5 Others All-terrain Vehicle Market by Seating Capacity
13.3.9.7.6 Others All-terrain Vehicle Market by Application
13.4. MIDDLE EAST AND AFRICA
13.4.1 Middle East and Africa All-terrain Vehicle Market Overview
13.4.2 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis
13.4.3 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Type
13.4.4 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Drive Type
13.4.5 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Engine Capacity
13.4.6 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Fuel Type
13.4.7 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Seating Capacity
13.4.8 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Application
13.4.9 Middle East and Africa All-terrain Vehicle Market Forecasts and Analysis - By Countries
13.4.9.1 South Africa All-terrain Vehicle Market
13.4.9.1.1 South Africa All-terrain Vehicle Market by Type
13.4.9.1.2 South Africa All-terrain Vehicle Market by Drive Type
13.4.9.1.3 South Africa All-terrain Vehicle Market by Engine Capacity
13.4.9.1.4 South Africa All-terrain Vehicle Market by Fuel Type
13.4.9.1.5 South Africa All-terrain Vehicle Market by Seating Capacity
13.4.9.1.6 South Africa All-terrain Vehicle Market by Application
13.4.9.2 Saudi Arabia All-terrain Vehicle Market
13.4.9.2.1 Saudi Arabia All-terrain Vehicle Market by Type
13.4.9.2.2 Saudi Arabia All-terrain Vehicle Market by Drive Type
13.4.9.2.3 Saudi Arabia All-terrain Vehicle Market by Engine Capacity
13.4.9.2.4 Saudi Arabia All-terrain Vehicle Market by Fuel Type
13.4.9.2.5 Saudi Arabia All-terrain Vehicle Market by Seating Capacity
13.4.9.2.6 Saudi Arabia All-terrain Vehicle Market by Application
13.4.9.3 U.A.E All-terrain Vehicle Market
13.4.9.3.1 U.A.E All-terrain Vehicle Market by Type
13.4.9.3.2 U.A.E All-terrain Vehicle Market by Drive Type
13.4.9.3.3 U.A.E All-terrain Vehicle Market by Engine Capacity
13.4.9.3.4 U.A.E All-terrain Vehicle Market by Fuel Type
13.4.9.3.5 U.A.E All-terrain Vehicle Market by Seating Capacity
13.4.9.3.6 U.A.E All-terrain Vehicle Market by Application
13.4.9.4 Rest of Middle East and Africa All-terrain Vehicle Market
13.4.9.4.1 Rest of Middle East and Africa All-terrain Vehicle Market by Type
13.4.9.4.2 Rest of Middle East and Africa All-terrain Vehicle Market by Drive Type
13.4.9.4.3 Rest of Middle East and Africa All-terrain Vehicle Market by Engine Capacity
13.4.9.4.4 Rest of Middle East and Africa All-terrain Vehicle Market by Fuel Type
13.4.9.4.5 Rest of Middle East and Africa All-terrain Vehicle Market by Seating Capacity
13.4.9.4.6 Rest of Middle East and Africa All-terrain Vehicle Market by Application
13.5. SOUTH AND CENTRAL AMERICA
13.5.1 South and Central America All-terrain Vehicle Market Overview
13.5.2 South and Central America All-terrain Vehicle Market Forecasts and Analysis
13.5.3 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Type
13.5.4 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Drive Type
13.5.5 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Engine Capacity
13.5.6 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Fuel Type
13.5.7 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Seating Capacity
13.5.8 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Application
13.5.9 South and Central America All-terrain Vehicle Market Forecasts and Analysis - By Countries
13.5.9.1 Brazil All-terrain Vehicle Market
13.5.9.1.1 Brazil All-terrain Vehicle Market by Type
13.5.9.1.2 Brazil All-terrain Vehicle Market by Drive Type
13.5.9.1.3 Brazil All-terrain Vehicle Market by Engine Capacity
13.5.9.1.4 Brazil All-terrain Vehicle Market by Fuel Type
13.5.9.1.5 Brazil All-terrain Vehicle Market by Seating Capacity
13.5.9.1.6 Brazil All-terrain Vehicle Market by Application
13.5.9.2 Argentina All-terrain Vehicle Market
13.5.9.2.1 Argentina All-terrain Vehicle Market by Type
13.5.9.2.2 Argentina All-terrain Vehicle Market by Drive Type
13.5.9.2.3 Argentina All-terrain Vehicle Market by Engine Capacity
13.5.9.2.4 Argentina All-terrain Vehicle Market by Fuel Type
13.5.9.2.5 Argentina All-terrain Vehicle Market by Seating Capacity
13.5.9.2.6 Argentina All-terrain Vehicle Market by Application
13.5.9.3 Rest of South and Central America All-terrain Vehicle Market
13.5.9.3.1 Rest of South and Central America All-terrain Vehicle Market by Type
13.5.9.3.2 Rest of South and Central America All-terrain Vehicle Market by Drive Type
13.5.9.3.3 Rest of South and Central America All-terrain Vehicle Market by Engine Capacity
13.5.9.3.4 Rest of South and Central America All-terrain Vehicle Market by Fuel Type
13.5.9.3.5 Rest of South and Central America All-terrain Vehicle Market by Seating Capacity
13.5.9.3.6 Rest of South and Central America All-terrain Vehicle Market by Application
14. INDUSTRY LANDSCAPE
14.1. MERGERS AND ACQUISITIONS
14.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
14.3. NEW PRODUCT LAUNCHES
14.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
15. ALL-TERRAIN VEHICLE MARKET, KEY COMPANY PROFILES
15.1. ARCTIC CAT (TEXTRON)
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Products and Services
15.1.4. Financial Overview
15.1.5. SWOT Analysis
15.1.6. Key Developments
15.2. CAN-AM (BRP)
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Products and Services
15.2.4. Financial Overview
15.2.5. SWOT Analysis
15.2.6. Key Developments
15.3. CFMOTO
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Products and Services
15.3.4. Financial Overview
15.3.5. SWOT Analysis
15.3.6. Key Developments
15.4. HONDA MOTOR CO., LTD.
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Products and Services
15.4.4. Financial Overview
15.4.5. SWOT Analysis
15.4.6. Key Developments
15.5. JIANGSU LINHAI POWER MACHINERY GROUP CORP.
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Products and Services
15.5.4. Financial Overview
15.5.5. SWOT Analysis
15.5.6. Key Developments
15.6. KAWASAKI MOTORS CORP., U.S.A.
15.6.1. Key Facts
15.6.2. Business Description
15.6.3. Products and Services
15.6.4. Financial Overview
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. POLARIS INC.
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Products and Services
15.7.4. Financial Overview
15.7.5. SWOT Analysis
15.7.6. Key Developments
15.8. SUZUKI MOTOR OF AMERICA, INC.
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Products and Services
15.8.4. Financial Overview
15.8.5. SWOT Analysis
15.8.6. Key Developments
15.9. TAIWAN GOLDEN BEE CO. (TGB)
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Products and Services
15.9.4. Financial Overview
15.9.5. SWOT Analysis
15.9.6. Key Developments
15.10. YAMAHA MOTOR CORPORATION
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Products and Services
15.10.4. Financial Overview
15.10.5. SWOT Analysis
15.10.6. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
1. Arctic Cat (Textron)2. Can-AM (BRP)3. CFMOTO4. Honda Motor Co., Ltd.5. Jiangsu Linhai Power Machinery Group Corp.6. Kawasaki Motors Corp., U.S.A.7. Polaris Inc.8. Suzuki Motor of America, Inc.9. Taiwan Golden Bee Co. (TGB)10. Yamaha Motor Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.