Electric Off Road Vehicle Market Scope And Analysis

  • Report Code : TIPRE00029510
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Electric Off-Road Vehicle Market Analysis, Scope, and Growth by 2031

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Electric Off-Road Vehicle Market Report Scope

Report Attribute Details
Market size in 2023 US$ 759.1 Billion
Market Size by 2031 US$ 1,852.9 Billion
Global CAGR (2023 - 2031) 11.8%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Vehicle Type
  • All-Terrain Vehicle
  • Utility Task Vehicle
  • Snowmobile
By Application
  • Sports
  • Agriculture
  • Recreational
  • Military
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Deere Company
  • Hisun Motors Corp Ltd
  • Honda Motor Co Ltd
  • Kubota Corporation
  • Polaris Industries Inc
  • Evolet
  • Textron Inc
  • American LandMaster
  • Volcon
  • DRR USA
  • Electric Off-Road Vehicle Market News and Recent Developments

    The electric off-road vehicle market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the electric off-road vehicle market are listed below:

    • Polaris, Inc. launched a new electric utility vehicle named Pro XD Kinetic vehicle for applications in construction, equipment rental and industrial. (Source: Polaris, Inc., Press Release, February 2024)
    • Club Car launched a street-legal electric utility vehicle named the Club Car Urban LSV and XR, which are available through the commercial distributor network in North America. (Source: Club Car, Press Release, March 2023)

    Electric Off-Road Vehicle Market Report Coverage and Deliverables

    The “Electric Off-Road Vehicle Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Electric off-road vehicle market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Electric off-road vehicle market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Electric off-road vehicle market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the electric off-road vehicle market
    • Detailed company profiles