Title: Off The Road Market
1Off The Road MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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The Global Off the Road market size is forecast
to reach 18.4 billion by 2026, growing at a CAGR
of 6.9 from 2021 to 2026. Off-road vehicles can
be categorized as those vehicles characterized
with large tires and flexible suspension capable
of travelling with low ground pressure across off
paved or gravel surfaces.
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- Key Takeaways
- All-Terrain Off-road vehicles are analysed to
witness the fastest market growth during
2021-2026, owing to its availability in different
model variants as well as versatile operation. - APAC Off the Road market held the largest share
in 2020, owing to factors including rapid
industrialization as well as rising construction
of residential and commercial sectors. - Growing investments for mining projects as well
as rising development of electric powered
off-road vehicles is analysed to significantly
drive the Off The Road market during the forecast
period 2021-2026.
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By Distribution Channel- Segment Analysis Based
on vehicle type, All-Terrain Vehicles (ATV)
segment is analysed to grow with the highest CAGR
of around 5.3 in the global off the road market
during the forecast period 2021-2026. All-Terrain
vehicles (ATV) can be referred to those vehicles
with low pressure tires and handlebars for
steering control, alongside availability in
different variants such as quad bikes, three
wheelers, four wheelers and others. Due to its
versatility, these vehicles combine compact size
with excellent turning radius in order to serve
applications such as sports events, land
management, and others.
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- Off The Road Market Industry Outlook
- Polaris Inc.
- Arctic Cat Inc.
- Kubota Corporation
- Yamaha Motor Co. Ltd
- Suzuki Motor Corporation
- Bombardier Recreational Products Inc.
- Honda Motor Company Ltd.
- Ford Motor Company
- American Land Master
- Kawasaki Motors Corp.
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Off The Road Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Research/Off-The-Road-
Market-Research-510777
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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