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Utility Terrain Vehicle Market by Product (Displacement (CC) <400, Displacement (CC) 400-800, and Displacement (CC) >800) and Application (Sport UTV and Work UTV) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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A utility terrain vehicle (UTV) is a vehicle designed to perform tasks in a more efficient manner than a general-purpose vehicle. It is also known as a side-by-side, four-wheel drive off-road vehicle, with a capacity of two to six person. Recreational off-highway (ROV) or multi-purpose off-highway utility vehicle (MOHUV) are other terms used for this vehicle.

The global utility terrain vehicle market is driven by the ability of this vehicle to operate in rough terrains, which is an important factor in the defense & military operations. In addition, its high cargo carrying capacity and quick mobility on hard surface are essential for anti-terrorist operations and border security combats in coastal areas, which further propels the market growth.

However, high cost of these vehicles, owing to use of advance technological features in other vehicles such as display monitors and integrated communication systems, hinders the growth. Furthermore, the rise in usage of UTV by hunters and farmers and increase in infrastructure development, in terms of construction, are expected to create growth opportunities for the manufacturers.

The report segments the market based on product, application, and geography. The product segment includes displacement (CC) <400, displacement (CC) 400800, and displacement (CC) >800. The application type includes sport UTV and work UTV. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, Australia, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa, and rest of LAMEA).

Key players profiled in the report include Polaris Industries (U.S.), John Deere (U.S.), Kawasaki (Japan), Yamaha Motor (Japan), Kubota (Japan), Arctic Cat (U.S.), Honda (Japan), Bombardier Aerospace (U.S.), Suzuki (Japan), and Tomcar (U.S.)

Key Benefits

This study provides an in-depth analysis of the global utility terrain vehicle (UTV) market, in terms of value, to elucidate the imminent investment pockets.
A detailed impact analysis of the current trends, regional utility terrain vehicle market, and future estimations are outlined to single out profitable areas.
In addition, key drivers, restraints, and opportunities through 20172023 are explained to identify the prevailing market opportunities.
Porters Five Forces analysis highlights the potency of suppliers & buyers in the competitive market to facilitate efficient business planning.

Utility Terrain Vehicle Market Key Segments:

By Product

Displacement (CC) <400
Displacement (CC) 400800
Displacement (CC) >800

By Application

Sport UTV
Work UTV

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Taiwan
- Rest of Asia-Pacific
LAMEA
- Brazil
- Turkey
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Players in the Value Chain:

Polaris Industries (U.S.)
John Deere (U.S.)
Kawasaki (Japan)
Yamaha Motor (Japan)
Kubota (Japan)
Arctic Cat (U.S.)
Honda (Japan)
Bombardier Aerospace (U.S.)
Suzuki (Japan)
Tomcar (U.S.)

Chapter: 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 & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

Chapter: 4 UTILITY TERRAIN VEHICLE MARKET, BY PRODUCT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. DISPLACEMENT (CC) <400

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. DISPLACEMENT (CC) 400 - 800

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

4.4. DISPLACEMENT (CC) >800

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

Chapter: 5 UTILITY TERRAIN VEHICLE MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. SPORT UTV

5.2.1. Key market trends
5.2.2. Growth factors and opportunities
5.2.3. Market size and forecast

5.3. WORK UTV

5.3.1. Key market trends
5.3.2. Growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 UTILITY TERRAIN VEHICLE MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. U.S. market size and forecast
6.2.3.2. Canada market size and forecast
6.2.3.3. Mexico market size and forecast

6.2.4. North America utility terrain vehicle market by product
6.2.5. North America utility terrain vehicle market by application

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1. Germany market size and forecast
6.3.3.2. France market size and forecast
6.3.3.3. UK market size and forecast
6.3.3.4. Italy market size and forecast
6.3.3.5. Spain market size and forecast
6.3.3.6. Rest of Europe market size and forecast

6.3.4. Europe utility terrain vehicle market by product
6.3.5. Europe utility terrain vehicle market by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.3. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. Japan market size and forecast
6.4.3.3. China market size and forecast
6.4.3.3. Australia market size and forecast
6.4.3.4. India market size and forecast
6.4.3.5. South Korea market size and forecast
6.4.3.6. Taiwan market size and forecast
6.4.3.7. Rest of Asia-Pacific market size and forecast

6.4.4. Asia-Pacific utility terrain vehicle market by product
6.4.5. Asia-Pacific utility terrain vehicle market by application

6.5. LAMEA

6.5.1. Key market trends
6.5.3. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. Brazil market size and forecast
6.5.3.3. Turkey market size and forecast
6.5.3.3. Saudi Arabia market size and forecast
6.5.3.4. South Africa market size and forecast
6.5.3.5. Rest of LAMEA market size and forecast

6.5.4. LAMEA utility terrain vehicle market by product
6.5.5. LAMEA utility terrain vehicle market by application

Chapter: 9 COMPANY PROFILES

9.1. POLARIS INDUSTRIES

9.1.1. Operating business segments
9.1.3. Business performance
9.1.3. Key strategic moves and developments

9.2. JOHN DEERE

9.2.1. Operating business segments
9.2.3. Business performance
9.2.3. Key strategic moves and developments

9.3. KAWASAKI

9.3.1. Operating business segments
9.3.3. Business performance
9.3.3. Key strategic moves and developments

9.4. YAMAHA MOTOR

9.4.1. Operating business segments
9.4.3. Business performance
9.4.3. Key strategic moves and developments

9.5. KUBOTA

9.5.1. Operating business segments
9.5.3. Business performance
9.5.3. Key strategic moves and developments

9.6. ARCTIC CAT

9.6.1. Operating business segments
9.6.3. Business performance
9.6.3. Key strategic moves and developments

9.7. HONDA

9.7.1. Operating business segments
9.7.3. Business performance
9.7.3. Key strategic moves and developments

9.8. BOMBARDIER AEROSPACE

9.8.1. Operating business segments
9.8.3. Business performance
9.8.3. Key strategic moves and developments

9.9. SUZUKI

9.9.1. Operating business segments
9.9.3. Business performance
9.9.3. Key strategic moves and developments

9.10. TOMCAR

9.10.1. Operating business segments
9.10.3. Business performance
9.10.3. Key strategic 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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Utility Terrain Vehicle Market by Product (Displacement (CC) <400, Displacement (CC) 400-800, and Displacement (CC) >800) and Application (Sport UTV and Work UTV) - Global Opportunity Analysis and Industry Forecast, 2017-2023