PPT-All Terrain Vehicle (ATV) Market: Global Market Insights, Inc.

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All Terrain Vehicle (ATV) Market 2016 2024
All Terrain Vehicle (ATV) Market Size By
Application (Sports, Entertainment, Agriculture,
Military Defense, Forestry), By Product (Sport
ATV, Sport Utility ATV, Utility ATV, Youth ATV),
Industry Analysis Report, Regional Outlook (U.S.,
Canada, UK, Germany, Russia, France, Australia,
India, Japan, China, Mexico, Brazil, UAE, Saudi
Arabia), Application Potential, Price Trends,
Competitive Market Share Forecast, 2016 2024
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Global Market Scenario of All Terrain Vehicle
(ATV)

• All Terrain Vehicle (ATV) Market size was valued
  at approximately USD 6 billion in 2015 and is
  anticipated to grow at 5.0 CAGR from 2016 to
  2024.
• Increasing disposable income and rising trend of
  recreational off-roading activities such as
  sports and racing will drive the industry over
  the forecast timeframe.
• Technological advancements such as infotainment
  systems makes it more user friendly and provides
  entertainment while driving. Mobile tracking, GPS
  tracking and Bluetooth connectivity further
  enhances the driving experience.
• Sport utility ATV market share accounted for more
  than 28 of the overall industry revenue in 2015.

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• All-Terrain Vehicle Safety Institute (ASI)
  promotes and regulates the use of ATV approved
  helmets, seatbelts, or footrests.
• Regulatory norms regarding the number of
  passengers approved per vehicle and restrictions
  on the use of these vehicles for children below
  16 years are some of the regulations mandated by
  government to reduce fatalities and injuries.
• The advent of hybrid models will have a positive
  impact on account of their highly fuel-efficient
  engine and minimal emissions. Increasing emphasis
  of manufacturers in developing lightweight as
  well as efficient models owing to their
  implementation across special purpose
  applications, such as military and defense
  sectors for moving combat supplies is may also
  contribute towards ATV market growth.
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U.S. All Terrain Vehicle (ATV) Market size, by
application, 2013-2024 (USD Million)
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360 Analysis

• Application Analysis
• Military and defense segment accounted for over
  9 of the overall all-terrain vehicle market
  share. Rising adoption in customized applications
  across inaccessible locations for transportation
  and supplying armor would favor in increasing
  revenue over the forecast timeline. Agriculture
  sector is estimated to grow at 5.3 CAGR 2016 to
  2024.
• Regional Analysis
• U.S. ATV market size was valued at over USD 2.5
  billion in 2015 and is likely to grow at 4.5
  CAGR from 2016 to 2024. Rising trend regarding
  their usage in competitions along with
  introduction of youth ATV for children (age 6
  years and above) are responsible for regional
  revenue generation. Asia Pacific ATV market share
  accounted for 12 of the overall revenue in 2015.
  Increasing adoption in agriculture, tourist
  attractions, search and rescue operations are
  responsible for revenue growth in the region.
• Competitive Market Share
• Key industry players contributing to ATV market
  share include Polaris, Honda, Yamaha, Arctic Cat,
  and Can-Am. Other prominent industry participants
  include Taiwan Golden Bee, Suzuki, Shuopu,
  Linhai, KYMCO, Kawasaki HiSun, John Deere and
  Cectek. The major manufacturers focus on mergers
  and acquisitions in order to gain industry share.

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