Reports
Sale
Global All-Terrain Vehicle Market Size, Share, Trends: By Vehicle Type: Utility ATV, Sports ATV, Recreational, Others; By Product Type: Three-Wheeler, Four-Wheeler, Six-Wheeler, Eight-Wheeler; By Applications: Agriculture, Entertainment, Military, Sports, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global All-Terrain Vehicle Market Outlook
The all-terrain vehicle market is expected to rise from USD 4.33 billion in 2023 to USD 5.49 billion by 2032, at a CAGR of 2.7% over the forecast period of 2024-2032. An all-terrain vehicle (ATV) is a car equipped with four wheels and handlebars with low pressure.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Market Segmentation
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The industry can be broadly categorised on the basis of vehicle type into:
- Utility ATV
- Sports ATV
- Recreational
- Others
The industry can be divided on the basis of product type as:
- Three-Wheeler
- Four-Wheeler
- Six-Wheeler
- Eight-Wheeler
The industry can be segmented based on applications as:
- Agriculture
- Entertainment
- Military
- Sports
- Others
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
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.
Competitive Landscape
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:
- Yamaha Corporation
- Honda Motor Co. Ltd.
- Arctic Cat Inc.
- Kawasaki Heavy Industries, Ltd.
- ZHEJIANG CFMOTO POWER CO.,LTD
- Suzuki Motor Corporation
- Deere & Company, (NYSE: DE)
- HISUN Motors Corporation
- Polaris Inc.
- Others
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 Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Vehicle Type |
|
| Breakup by Product Type |
|
| Breakup by Applications |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global All-Terrain Vehicle Market Analysis
8.1 Key Industry Highlights
8.2 Global All-Terrain Vehicle Historical Market (2018-2023)
8.3 Global All-Terrain Vehicle Market Forecast (2024-2032)
8.4 Global All-Terrain Vehicle Market by Vehicle Type
8.4.1 Utility ATV
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Sports ATV
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Recreational
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global All-Terrain Vehicle Market by Product Type
8.5.1 Three-Wheeler
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Four-Wheeler
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Six-Wheeler
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Eight-Wheeler
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global All-Terrain Vehicle Market by Application
8.6.1 Agriculture
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Entertainment
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Military
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Sports
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global All-Terrain Vehicle Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America All-Terrain Vehicle Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe All-Terrain Vehicle Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific All-Terrain Vehicle Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America All-Terrain Vehicle Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa All-Terrain Vehicle Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Yamaha Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Honda Motor Co. Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Arctic Cat Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Kawasaki Heavy Industries, Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Suzuki Motor Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 ZHEJIANG CFMOTO POWER CO.,LTD
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Deere & Company (NYSE: DE)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 HISUN Motors Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Polaris Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global All-Terrain Vehicle Market: Key Industry Highlights, 2018 and 2032
2. Global All-Terrain Vehicle Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
3. Global All-Terrain Vehicle Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
4. Global All-Terrain Vehicle Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Global All-Terrain Vehicle Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Global All-Terrain Vehicle Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global All-Terrain Vehicle Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global All-Terrain Vehicle Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global All-Terrain Vehicle Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America All-Terrain Vehicle Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America All-Terrain Vehicle Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe All-Terrain Vehicle Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe All-Terrain Vehicle Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific All-Terrain Vehicle Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific All-Terrain Vehicle Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America All-Terrain Vehicle Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America All-Terrain Vehicle Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa All-Terrain Vehicle Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa All-Terrain Vehicle Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global All-Terrain Vehicle Market Structure
Key Questions Answered in the Report
In 2023, the global all-terrain vehicle market attained a value of nearly USD 4.33 billion.
The market is projected to grow at a CAGR of 2.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.49 billion by 2032.
The major drivers expected to aid market growth are rising disposable incomes, increasing demand for off-road vehicles, and the rising demand for compact, heavy-duty cars with high fuel efficiency and multipurpose implementation.
The key trends guiding the market growth include the advancements in technology and increasing availability of all-terrain vehicles.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Utility ATV, sports ATV, and recreational, among others are the major vehicle types of all-terrain vehicle in the market.
Three-wheeler, four-wheeler, six-wheeler, and eight-wheeler are the significant product types of all-terrain vehicle in the market.
Agriculture, entertainment, military, and sports, among others, are the major applications of the product in the global all-terrain vehicle market.
The major players in the market are Yamaha Corporation, Honda Motor Co. Ltd., Arctic Cat Inc., Kawasaki Heavy Industries, Ltd., Suzuki Motor Corporation, ZHEJIANG CFMOTO POWER CO.,LTD, Deere & Company, HISUN Motors Corporation, and Polaris Inc., among others.
Analyst Review
The global all-terrain vehicle market attained a value of USD 4.33 billion in 2023, driven by the increasing demand for off-road vehicles. Aided by the growing demand for a compact, heavy-duty car with high fuel efficiency, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 2.7%. The market is projected to reach USD 5.49 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its vehicle types, the global all-terrain vehicle industry can be segmented into utility ATV, sports ATV, recreational, and others. On the basis of product types, the industry is divided into three-wheeler, four-wheeler, six-wheeler, and eight-wheeler. By applications, the industry is categorised into agriculture, entertainment, military, sports, and others. The major regional markets for all-terrain vehicles are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Yamaha Corporation, Honda Motor Co. Ltd., Arctic Cat Inc., Kawasaki Heavy Industries, Ltd., Suzuki Motor Corporation, ZHEJIANG CFMOTO POWER CO.,LTD, Deere & Company (NYSE: DE), HISUN Motors Corporation, and Polaris Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER