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The all-terrain vehicle market is expected to rise from USD 4 billion in 2020 to USD 4.7 billion by 2026, at a CAGR of 2.67% over the forecast period of 2021-2026. An all-terrain vehicle (ATV) is a car equipped with four wheels and handlebars with low pressure. These cars are famous for their manoeuvrability and off-road capacities. They are required in the army, surveying, forestry, farming, sports, and other applications. ATVs are treated quite differently, requiring some training before they can be cautiously driven. Generally, these are used in off-road settings, but few areas also allow these vehicles to be used on government highways. Over the previous few years, all-terrain vehicles have gained popularity as they enable access to distant regions and provide a convenient way to carry supplies and machinery and could even replace animal packs for transportation. All-terrain vehicles are also used in the ground unit of the army, marine, and others. The growing demand for all-terrain vehicles in the military, agricultural, and sports applications are the main driving factors for the industry.
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Properties and Applications
A small open motor vehicle with one seat and three or more wheels equipped with big tyres, intended for raw surface use are known as an all-terrain vehicle (ATV). The all-terrain vehicle market can be divided on the basis of segments like vehicle type, product type, and applications.
The industry can be broadly categorised on the basis of vehicle type into:
The industry can be divided on the basis of product type as:
The industry can be segmented based on applications as:
The EMR report looks into the regional markets of the all-terrain vehicle like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The main drivers for the all-terrain vehicles market include increasing demand for off-road vehicles and rising disposable incomes. The demand for this industry is boosted by the need for a compact, heavy-duty car with high fuel efficiency and multipurpose implementation. During the forecast period, the two-seat all-terrain vehicle market is projected to be the fastest-growing market for all-terrain vehicles. It is expected that gasoline will be the most significant market segment of all-terrain vehicles. During the forecast period, North America is expected to carry the most significant market share of all-terrain vehicles. The demand for all-terrain vehicles in the region has been caused by factors such as upcoming electric vehicle projects, high disposable individual earnings, the scope for new and advanced techniques, developed economy, and public laws on all-terrain vehicle models. Environmental problems, such as harm to the ground and carbon emissions, and safety regulations, restrict the growth of the global all-terrain vehicle market.
The report presents a detailed analysis of the following key players in the global all-terrain vehicle market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global All-Terrain Vehicle Market Analysis
4.1 Global All-Terrain Vehicle Historical Market (2016-2020) & Forecast (2021-2026)
4.2 Global All-Terrain Vehicle Market Breakup by Vehicle Type
4.2.1 Utility ATV
4.2.2 Sports ATV
4.3 Global All-Terrain Vehicle Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Utility ATV
4.3.2 Sports ATV
4.4 Global All-Terrain Vehicle Market Breakup by Product Type
4.5 Global All-Terrain Vehicle Market Breakup by Product Type: Historical Market (2016-2020) & Forecast (2021-2026)
4.6 Global All-Terrain Vehicle Market Breakup by Applications
4.7 Global All-Terrain Vehicle Market Breakup by Applications: Historical Market (2016-2020) & Forecast (2021-2026)
4.8 Global All-Terrain Vehicle Market Breakup by Region
4.8.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
4.8.3 Asia Pacific
4.8.4 Latin America
4.8.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
4.9 Global All-Terrain Vehicle Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.9.1 North America
18.104.22.168 United States of America
22.214.171.124 United Kingdom
4.9.3 Asia Pacific
4.9.4 Latin America
4.9.5 Middle East & Africa
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
5 SWOT Analysis
6 Porter’s Five Forces Analysis
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
7 Key Players & Company Profile Analysis
7.1 Yamaha Corporation , 7951 (TYO)
7.2 Honda Motor Co. Ltd., 7267 (TYO)
7.3 Arctic Cat Inc.
7.4 Kawasaki Heavy Industries Ltd., 7012 (TYO)
7.5 CFMOTO, Inc.
7.6 Suzuki Motor Corporation , 7269 (TYO)
7.7 Deere & Company, DE (NYSE)
8 Events and Developments
Additional Customization Available:
9 Manufacturing Process
9.1 Detailed Process Flow
9.2 Operations Involved
9.3 Mass Balance
10 Cost Analysis
10.1 Land, Location and Site Development
10.3 Plant Machinery
10.4 Cost of Raw Material
10.9 Other Capital Investment
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