Global All Terrain Vehicle Market Analysis and Forecast, 2019-2028

Market Introduction and Overview

The global all-terrain vehicle (ATV) market is expected to grow in the coming years due to the increasing demand for recreational and off-road vehicles. ATVs are versatile vehicles that can be used for a variety of activities, including farming, hunting, and recreation. The growing popularity of outdoor activities is a key driver of the ATV market, as more people seek to explore nature and participate in off-road activities.

The global ATV market is expected to experience significant growth in the coming years, due to the increasing demand for recreational and off-road vehicles. Companies are investing in research and development to improve the performance and efficiency of their ATVs and expand their product lines to cater to the diverse needs of customers.

Segmental Analysis

The ATV market is segmented based on vehicle type, engine type, and geography. The vehicle type segment includes sport ATVs, utility ATVs, and side-by-side ATVs. The engine type segment includes two-stroke engines and four-stroke engines. The market is further segmented based on geography into North America, Europe, Asia Pacific, and the rest of the world.

Regional Analysis

North America is the largest market for ATVs, due to the growing popularity of off-road activities in the region. The Asia Pacific region is expected to experience significant growth in the ATV market, due to the growing middle-class population and increasing disposable income in countries such as China and India. The Europe market is expected to grow at a steady pace, due to the increasing demand for recreational vehicles in the region.

Competitive Landscape

The ATV market is highly competitive, with major players such as Polaris Industries, Yamaha Motor, and Honda Motor Co. Ltd. investing in research and development to improve the performance and efficiency of their ATVs. Additionally, companies are also focusing on expanding their product lines to cater to the diverse needs of customers.

Regional Breakdown in the Market Report

• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Peru
    • Argentina
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic Countries
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Hungary
    • Czech Republic
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Thailand, Philippines, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Egypt
    • Sub-Saharan
    • Rest of the Middle East & Africa

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Primary Intelligence

• RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
• RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
• We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
• Strong language proficiency and capability with coverage across more than 70 language areas.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs

Why Buy this Report?

The report is intended for service providers, manufacturers, industry stakeholders, government organizations, marketing departments, R&D professionals, insurance organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.