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All-terrain Vehicle Market by Type (Three-wheeler, Four-wheeler, Six-wheeler, and Eight-wheeler) and Application (Personal, Professional, and Military & Defense) - Global Opportunity Analysis and Industrial Forecast, 2021-2028

AT : Automotive systems and accessories
A02095
Pages: NA
Feb 2021 | 4499 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

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An all-terrain vehicle (ATV) are a vehicle fitted with four low-pressure tires and handle bars. These vehicles are known for their maneuverability and off-road capabilities and are applicable in military, surveying, forestry, agriculture, sports, and others. ATVs are handled quite differently and requires some amount of training before they could be ridden safely. These are usually used in off-road environments but few regions permit the use of these vehicle on public roads as well. These have gained popularity over the past few years as they allow access to remote or areas and provide a convenient way of carrying supplies and equipment and might even replace pack of animals for transport as used in traditional way. ATVs are also used in military, marine, and armys ground unit.

Increase in demand for off-road vehicles and rise in disposable income is the major drivers for the all-terrain vehicles. The need for a compact heavy-duty vehicle with high fuel efficiency and multipurpose application boosts the demand for this market. Environmental issues, such as terrain damage and carbon emission, and safety regulations restrain the global ATV market.

The global all-terrain vehicle market is segmented on the basis of type, application, and geography. On the basis of type, it is classified into three-wheeler, four-wheeler, six-wheeler, and eight-wheeler. On the basis of application, it is categorized into personal, professional, and military & defense. Geographically, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players in the ATV market are Yamaha Corporation, Arctic Cat Inc., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Suzuki Motor Corporation, CFMOTO, Inc., HISUN, Deere & Company, KYMCO, Inc., and Polaris Industries Inc.

Key Benefits

  • The study provides an in-depth analysis of the global ATV market.
  • The report outlines current and future trends to assess overall market attractiveness.
  • Porters Five Forces model illustrates the potency of the buyers & suppliers participating in the market.
  • Quantitative analysis of the current trends and estimations from 2017-2023 is provided to showcase the financial potential of the market.
  • The report provides information related to key drivers, restraints, and opportunities.

All-terrain Vehicle Market Key Segments:

By Type

  • Three-wheeler
  • Four-wheeler
  • Six-wheeler
  • Eight-wheeler

By Application

  • Personal
  • Professional
  • Military & Defense

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Yamaha Corporation
  • Arctic Cat Inc.
  • Honda Motor Co. Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Suzuki Motor Corporation
  • CFMOTO, Inc.
  • HISUN
  • Deere & Company
  • KYMCO, Inc.
  • Polaris Industries Inc.
 

1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

2 EXECUTIVE SUMMARY

2.1 CXO perspective

3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitutes
3.3.4 Threat of new entrants
3.3.5 Degree of competition
3.4 Market share analysis, 2016 (%)
3.5 Market dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities

4 GLOBAL ALL-TERRAIN VEHICLE (ATV) MARKET BY VEHICLE TYPE, 2017-2023 ($MILLION)

4.1 Utility ATV
4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Market size and forecast
4.2 Sports ATV
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3 Recreational
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4 Others
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast

5 GLOBAL ALL-TERRAIN VEHICLE (ATV) MARKET BY APPLICATION, 2017-2023 ($MILLION)

5.1 Sports
5.1.1 Key market trends
5.1.2 Key growth factors and opportunities
5.1.3 Market size and forecast
5.2 Agriculture
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.3 Entertainment
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.4 Military
5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.5 Others
5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast

6 GLOBAL ALL-TERRAIN VEHICLE (ATV) MARKET BY PRODUCT TYPE, 2017-2023 ($MILLION)

6.1 Three-wheeler
6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Market size and forecast
6.2 Four-wheeler
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast
6.3 Six-wheeler
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast
6.4 Eight-wheeler
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

7 GLOBAL ALL-TERRAIN VEHICLE (ATV) MARKET BY GEOGRAPHY, 2017-2023 ($MILLION)

7.1 North America
7.1.1 Key market trends
7.1.2 Key growth factors and opportunities
7.1.3 Market size and forecast, by
7.1.3.1 Vehicle type
7.1.3.2 Application
7.1.3.3 Product type
7.1.3.4 Country
7.1.3.4.1.1 U.S.
7.1.3.4.1.1.1 Market size and forecast, by vehicle type
7.1.3.4.1.1.2 Market size and forecast, by application
7.1.3.4.1.1.3 Market size and forecast, by product type
7.1.3.4.1.2 Canada
7.1.3.4.1.2.1 Market size and forecast, by vehicle type
7.1.3.4.1.2.2 Market size and forecast, by application
7.1.3.4.1.2.3 Market size and forecast, by product type
7.1.3.4.1.3 Mexico
7.1.3.4.1.3.1 Market size and forecast, by vehicle type
7.1.3.4.1.3.2 Market size and forecast, by application
7.1.3.4.1.3.3 Market size and forecast, by product type
7.2 Europe
7.2.1 Key market trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast, by
7.2.3.1 Vehicle type
7.2.3.2 Application
7.2.3.3 Product type
7.2.3.4 Country
7.2.3.4.1.1 UK
7.2.3.4.1.1.1 Market size and forecast, by vehicle type
7.2.3.4.1.1.2 Market size and forecast, by application
7.2.3.4.1.1.3 Market size and forecast, by product type
7.2.3.4.1.2 Germany
7.2.3.4.1.2.1 Market size and forecast, by vehicle type
7.2.3.4.1.2.2 Market size and forecast, by application
7.2.3.4.1.2.3 Market size and forecast, by product type
7.2.3.4.1.3 France
7.2.3.4.1.3.1 Market size and forecast, by vehicle type
7.2.3.4.1.3.2 Market size and forecast, by application
7.2.3.4.1.3.3 Market size and forecast, by product type
7.2.3.4.1.4 Russia
7.2.3.4.1.4.1 Market size and forecast, by vehicle type
7.2.3.4.1.4.2 Market size and forecast, by application
7.2.3.4.1.4.3 Market size and forecast, by product type
7.2.3.4.1.5 Rest of Europe
7.2.3.4.1.5.1 Market size and forecast, by vehicle type
7.2.3.4.1.5.2 Market size and forecast, by application
7.2.3.4.1.5.3 Market size and forecast, by product type
7.3 Asia-Pacific
7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast, by
7.3.3.1 Vehicle type
7.3.3.2 Application
7.3.3.3 Product type
7.3.3.4 Country
7.3.3.4.1.1 Australia
7.3.3.4.1.1.1 Market size and forecast, by vehicle type
7.3.3.4.1.1.2 Market size and forecast, by application
7.3.3.4.1.1.3 Market size and forecast, by product type
7.3.3.4.1.2 China
7.3.3.4.1.2.1 Market size and forecast, by vehicle type
7.3.3.4.1.2.2 Market size and forecast, by application
7.3.3.4.1.2.3 Market size and forecast, by product type
7.3.3.4.1.3 India
7.3.3.4.1.3.1 Market size and forecast, by vehicle type
7.3.3.4.1.3.2 Market size and forecast, by application
7.3.3.4.1.3.3 Market size and forecast, by product type
7.3.3.4.1.4 Japan
7.3.3.4.1.4.1 Market size and forecast, by vehicle type
7.3.3.4.1.4.2 Market size and forecast, by application
7.3.3.4.1.4.3 Market size and forecast, by product type
7.3.3.4.1.5 Rest of Asia-Pacific
7.3.3.4.1.5.1 Market size and forecast, by vehicle type
7.3.3.4.1.5.2 Market size and forecast, by application
7.3.3.4.1.5.3 Market size and forecast, by product type
7.4 LAMEA
7.4.1 Key market trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast, by
7.4.3.1 Vehicle type
7.4.3.2 Application
7.4.3.3 Product type
7.4.3.4 Country
7.4.3.4.1.1 Latin America
7.4.3.4.1.1.1 Market size and forecast, by vehicle type
7.4.3.4.1.1.2 Market size and forecast, by application
7.4.3.4.1.1.3 Market size and forecast, by product type
7.4.3.4.1.2 Middle East
7.4.3.4.1.2.1 Market size and forecast, by vehicle type
7.4.3.4.1.2.2 Market size and forecast, by application
7.4.3.4.1.2.3 Market size and forecast, by product type
7.4.3.4.1.3 Africa
7.4.3.4.1.3.1 Market size and forecast, by vehicle type
7.4.3.4.1.3.2 Market size and forecast, by application
7.4.3.4.1.3.3 Market size and forecast, by product type

8 COMPANY PROFILES

8.1 Yamaha Corporation
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Business performance
8.1.4 Key moves and developments
8.2 Honda Motor Co. Ltd.
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Business performance
8.2.4 Key moves and developments
8.3 Arctic Cat Inc.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Business performance
8.3.4 Key moves and developments
8.4 Kawasaki Heavy Industries Ltd.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Business performance
8.4.4 Key moves and developments
8.5 CFMOTO, Inc.
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Business performance
8.5.4 Key moves and developments
8.6 Suzuki Motor Corporation
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Business performance
8.6.4 Key moves and developments
8.7 Deere & Company
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Business performance
8.7.4 Key moves and developments
8.8 HISUN
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Business performance
8.8.4 Key moves and developments
8.9 Polaris Industries Inc.
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Business performance
8.9.4 Key moves and developments
8.10 KYMCO, Inc.
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Business performance
8.10.4 Key moves and developments

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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