Global All-Terrain Vehicle Market – Industry Trends and Forecast to 2026

  • Automotive
  • Upcoming Report
  • Apr 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global All-Terrain Vehicle Market By Type (Utility, Sport, Youth), Drive Type (2WD, 4WD, AWD), Application (Sports, Entertainment, Agriculture, Military & Defense, Agriculture, Forestry, Mountains, Hunting, Others), Displacement (High CC, Mid CC, Low CC), Engine Capacity (Less than 400CC, 400-800CC, More than 800CC), Fuel Type (Electric ATV, Gasoline ATV), Seating Capacity (One-Seat ATV, Two-Seat ATV), Number of Wheels (Three-Wheel, Four-Wheel, Six-Wheel, Eight-Wheel), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global All-Terrain Vehicle Market

Global all-terrain vehicle market is expected to rise to an estimated value of USD 3.94 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing areas of applications for more than just entertainment/recreational purposes.

Market Definition: Global All-Terrain Vehicle Market

All-terrain vehicle, commonly known as quad bikes, is automobile that are built on low-pressure tires along with one or two seating capacity. These vehicles are designed for rough terrains and surfaces with large wheels to have better handling and control of the vehicle. These vehicles are very popular in the North America region with their applications ranging from agricultural, recreational, entertainment and military.

Market Drivers:

  • Rapid rise in the recreational activities carried out by individuals; this factor is expected to drive the growth of the market
  • Rise in the levels of individual incomes which has resulted in higher spending power is also expected to drive the growth of the market
  • Technological innovations and advancements in vehicle development and performance is expected to drive the growth of the market
  • Better operability and enhancement in usability for individuals is also expected to drive the growth of the market

Market Restraints:

  • Concerns regarding the usage of the vehicle due to high-levels of accidents; this factor is expected to restrict the growth of the market
  • Presence of strict regulations regarding the usage of ATV’s in wildlife areas; this factor is expected to restrict the growth of the market
  • Presence of laws preventing the usage of these vehicles in public places such as roads, highways; this factor is expected to restrain the growth of the market

Segmentation: Global All-Terrain Vehicle Market

By Type

  • Utility
  • Sport
  • Youth

By Drive Type

  • Two-Wheel Drive (2WD)
  • Four-Wheel Drive (4WD)
  • All-Wheel Drive (AWD)

By Application

  • Sports
  • Entertainment
  • Agriculture
  • Military & Defense
  • Forestry
  • Mountains
  • Hunting
  • Others

By Displacement

  • High CC
  • Mid CC
  • Low CC

By Engine Capacity

  • Less than 400CC
  • 400-800CC
  • More than 800CC

By Fuel Type

  • Electric All-Terrain Vehicle (ATV)
  • Gasoline All-Terrain Vehicle (ATV)

By Seating Capacity

  • One-Seat All-Terrain Vehicle (ATV)
  • Two-Seat All-Terrain Vehicle (ATV)

By Number of Wheels

  • Three-Wheel
  • Four-Wheel
  • Six-Wheel
  • Eight-Wheel

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In January 2019, Textron Inc announced that they had agreed with TRACKER and signed a memorandum of understanding for the development of “TRACKER OFF ROAD”. This range of vehicles will include high performing all-terrain vehicles as well as side-by-sides of the highest performance. This partnership will provide consumers with highest levels of innovations and standards from the manufacturers in the form of this modernised vehicle range
  • In March 2017, Textron Inc announced that they had completed the acquisition of Arctic Cat Inc. which has resulted in Arctic Cat being made into a subsidiary of Textron Inc. This acquisition improves the existing lineup of ATV’s, side-by-sides, snowmobiles with Textron’s “Specialized Vehicles” product offerings. The operations of Arctic Cat will be situated in Minnesota, United States and will positively improve the existing capabilities of Arctic Cat

Competitive Analysis

Global all-terrain vehicle market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of all-terrain vehicle market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global all-terrain vehicle market are Polaris Industries, Inc.; BRP; HISUN; Textron Inc; American Honda Motor Co., Inc.; Kawasaki Motors Corp., U.S.A.; Yamaha Motor Corporation, U.S.A.; SUZUKI MOTOR CORPORATION; CFMOTO; Jiangsu Linhai Power Machinery Group Co.,Ltd; Bennche,LLC; Velomotors Group of Companies; Eco Charger; Baltmotors; Nebulaauto; CECTEK; Taiwan Golden Bee; KYMCO; Kässbohrer Geländefahrzeug AG and Kawasaki Heavy Industries, Ltd. among others.

Research Methodology: Global All-Terrain Vehicle Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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