All-terrain Vehicle (ATV) Engines Market Overview
Rising investments to enhance vehicle performance, like higher output, torque, and improved mobility to boost customers’ experience, can fuel the industry growth. Technological advancements together with electrical drive train system to handle a wider variety of terrains and supply superior stability. In addition, makers are increasingly incorporating models with features together with high-end stereos, GPS displays, and plush seating to smoothen ride over difficult terrains.
Increasing range of off-road accidents and fatalities might limit the all-terrain vehicle market growth. Factors together with violation of rules & laws, ignorance toward preventive measures like sporting protecting gears whereas riding, and underage driving will result in accidents. In keeping with the market knowledge reported by the Australian Competition and consumer Commission (ACCC), the number of ATV fatalities doubled in 2020 compared to the previous year.
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast unit | Value (USD Million) |
Segments covered | Installation Type,Vehicle Type, Application, Industry Vertical, and Region |
Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered | Bombardier Recreational Products (BRP), Suzuki Motors Corporation, Kawasaki Motors Corporation, HiSun Motors, Yamaha Motor Co. Ltd, Polaris Industries Inc., Taiwan Golden Bee (TGB) Co. Ltd., Honda Motor Co, and Textron Industries. |
The covid-19 Impact on All-terrain Vehicle (ATV) Engines Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
All-terrain Vehicle (ATV) Engines Market Segment Overview
By Type, Adult segment accounted major growth , Increasing spending capacity on off-road activities by adult population can spur the all-terrain vehicle market revenue. Rising ATV adoption for managing farm animal, tilling fields, and different utilitarian activities can support market growth.
By Displacement ,The 400cc - 800cc segment in Europe is projected to check growth rate of more than 7-membered through 2027 because of its high demand in utility and search & rescue operations. distinguished all-terrain vehicle market participants are introducing ATVs with versatile features to meet consumer requirements.
By Application, Sports segment accounted major market share , ATVs offer compact size and sharp handling, improving mobility in rough terrains. Superior repeatability and improved vehicle management because of low center of gravity in numerous terrains can improve the market demand from sports activities. The growing quality of ATVs in journey activities and increasing sports participation among youth population are driving the industry statistics.
Market Analysis, Insights and Forecast – By Type
· Youth
· Adult
Market Analysis, Insights and Forecast – By Displacement
· Below 400cc
· 400cc - 800cc
· Above 800cc
Market Analysis, Insights and Forecast – By Application
· Utility
· Sports
· Recreation
· Military
All-terrain Vehicle (ATV) Engines Market Regional Overview
Region-wise, in terms of regions north America is projected to hold the largest market share throughout the forecast period. Factors like high demand for ATV, approaching electrical vehicle projects, high income of individuals, scope for brand new and advanced technologies, developed economy, and government rules relating to ATV styles have triggered the demand for all-terrain vehicles within the region. per according to insights, the U.S. accounts for the biggest share of the all-terrain vehicle market owing to high demand in applications like military, agriculture, sports, entertainment, hunting, forestry, mining, and construction activities. because the demand for ATVs continues the largest, the U.S. is predicted to stay the biggest all-terrain vehicle market within the region.
All-terrain Vehicle (ATV) Engines-market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
All-terrain Vehicle (ATV) Engines Market Competitor overview
Some key developments and strategies adopted by manufacturers in the All-terrain Vehicle (ATV) Engines are highlighted below.
l In Sep 2018, polaris Industries inc., acquired WSI Industries, a number one vehicle components manufacturer for USD 24 million. The target behind the acquisition is to bring the high exactitude machine capability in-house and support the the objective provide chain strategy. the corporate is adopting the trade trend of vertical integration of its provide chain.
All-terrain Vehicle (ATV) Engines Market, Key Players -
· Bombardier Recreational Products (BRP),
· Suzuki Motors Corporation,
· Kawasaki Motors Corporation,
· HiSun Motors,
· Yamaha Motor Co. Ltd,
· Polaris Industries Inc.,
· Taiwan Golden Bee (TGB) Co. Ltd.,
· Honda Motor Co,
· Textron Industries.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the All-terrain Vehicle (ATV) Engines market during the forecast period?
All-terrain Vehicle (ATV) Engines market is expected to record a CAGR of ~ 7% during the forecast period.
Q2. Which segment is projected to hold the largest share in the All-terrain Vehicle (ATV) Engines Market?
Sports segment is projected to hold the largest share in the All-terrain Vehicle (ATV) Engines Market.
Q3. What are the driving factors for the All-terrain Vehicle (ATV) Engines market?
High power and force offered by all-terrain vehicles are supporting the market demand. Rising range of desert competitions, ATV championships, adventure trails, and parks can propel the ATV market size. moreover, active government support for developing adventure trails for off-road vehicles is probably going to enhance the market growth .
Q4. Which Segments are covered in the All-terrain Vehicle (ATV) Engines market report?
Type, Displacement, Application,and Region, these segments are covered in the All-terrain Vehicle (ATV) Engines market report.
Q5. Which are the prominent players offering Fuel Dispenser?
Bombardier Recreational Products (BRP), Suzuki Motors Corporation, Kawasaki Motors Corporation, HiSun Motors, Yamaha Motor Co. Ltd, Polaris Industries Inc., Taiwan Golden Bee (TGB) Co. Ltd., Honda Motor Co, and Textron Industries
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global All-terrain Vehicle (ATV) Engines Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Youth
- 5.2.2. Adult
- 5.3. Market Analysis, Insights and Forecast – By Displacement
- 5.3.1. Below 400cc
- 5.3.2. 400cc - 800cc
- 5.3.3. Above 800cc
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Utility
- 5.4.2. Sports
- 5.4.3. Recreation
- 5.4.4. Military
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America All-terrain Vehicle (ATV) Engines Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Youth
- 6.2.2. Adult
- 6.3. Market Analysis, Insights and Forecast – By Displacement
- 6.3.1. Below 400cc
- 6.3.2. 400cc - 800cc
- 6.3.3. Above 800cc
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Utility
- 6.4.2. Sports
- 6.4.3. Recreation
- 6.4.4. Military
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. UK
- 6.5.2. Germany
- 6.5.3. France
- 6.5.4. Italy
- 6.5.5. Spain
- 6.5.6. Russia
- 6.5.7. Rest of Europe
7. Asia Pacific All-terrain Vehicle (ATV) Engines Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Youth
- 7.2.2. Adult
- 7.3. Market Analysis, Insights and Forecast – By Displacement
- 7.3.1. Below 400cc
- 7.3.2. 400cc - 800cc
- 7.3.3. Above 800cc
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Utility
- 7.4.2. Sports
- 7.4.3. Recreation
- 7.4.4. Military
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. China
- 7.5.2. India
- 7.5.3. Japan
- 7.5.4. Australia
- 7.5.5. South East Asia
- 7.5.6. Rest of Asia Pacific
8. Latin America, Middle East, and Africa All-terrain Vehicle (ATV) Engines Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Youth
- 8.2.2. Adult
- 8.3. Market Analysis, Insights and Forecast – By Displacement
- 8.3.1. Below 400cc
- 8.3.2. 400cc - 800cc
- 8.3.3. Above 800cc
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Utility
- 8.4.2. Sports
- 8.4.3. Recreation
- 8.4.4. Military
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. Brazil
- 8.5.2. Saudi Arabia
- 8.5.3. UAE
- 8.5.4. Rest of LAMEA
9. Competitive Analysis
- 9.1. Company Market Share Analysis, 2018
- 9.2. Key Industry Developments
- 9.3. Company Profile
- 9.4. IBM Corporation
- 9.4.1. Business Overview
- 9.4.2. Segment 1 & Service Offering
- 9.4.3. Overall Revenue
- 9.4.4. Geographic Presence
- 9.4.5. Recent Development
- 9.5. Ford Motor Company
- 9.6. Fiat Chrysler Automobiles
- 9.7. General Motors,
- 9.8. Honda Motor Company
- 9.9. Volkswagen
- 9.10. Hyundai Motor Group,
- 9.11. Suzuki Motor Corporation,
- 9.12. Great Wall Motors,
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESSPrimary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model