Market Overview:
The global all-terrain vehicle (ATV) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for all-terrain vehicles for recreational activities, such as sports and leisure, and also for agricultural purposes. Additionally, rising disposable income has led to an increase in demand for luxury ATVs across different regions. Furthermore, the increasing use of ATVs by military forces is also contributing significantly to the growth of this market.
 Industry Outlook.svg)
Product Definition:
An all-terrain vehicle (ATV), also known as a quad, quad bike, three-wheeler, four-wheeler or six-wheeler is a vehicle that travels on low pressure tires, with a seat that is straddled by the operator. ATVs are used extensively in agriculture to carry equipment and livestock around large areas of land. In the military they are used to transport troops and supplies over rough terrain. Law enforcement officers use them to patrol large areas of land that would be difficult to cover on foot.
Sport ATV:
Sport ATV, also called off-road vehicle or all-terrain vehicle (ATV), is a motorized off-road vehicles that is designed for recreational use. It has four wheels and a seat for one person with an electric motor. The sport ATVs are built to handle rough terrain with ease and have suspension system that helps in preventing damage to the vehicle while driving over obstacles.
Utility ATV:
Utility ATV (Utility All-Terrain Vehicle) is a type of all-terrain vehicle used for utility operations. Utility ATVs are designed to carry equipment and people in various environments including forests, fields, snow-covered areas, and rugged terrains. They are also used for accessing buildings and other construction sites that require access by ground vehicles.
Application Insights:
The sports and leisure application segment accounted for the largest revenue share of over 40% in 2017. The rising popularity of ATVs among young adults and teenagers has resulted in increased demand for these vehicles. Furthermore, government initiatives to promote off-road activities such as adventure riding are expected to drive the utility vehicle segment over the forecast period.
The agriculture industry is estimated to be one of the fastest growing segments owing to increasing mechanization in this sector. Utility vehicles with high ground clearance are used extensively by farmers for agricultural purposes such as crop harvesting, spraying pesticides, etc., which is likely to propel their demand across various regions during the study period.
In countries including India, China Africa.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in various application areas, including military, law enforcement, and agricultural industry. China is one of the largest markets for ATVs globally as a result of increasing demand from domestic consumers as well as from other countries such as India and Japan. Furthermore, growing popularity of ATVs among young population in developing economies including China and India will boost regional market growth during the forecast period.
North America accounted for more than 20% share of total revenue in 2017 owing to high product demand from U.S., which has been witnessing increased spending on defense sector over past few years coupled with rising recreational activities by using off-road vehicles such as all-terrain vehicles (ATV). Moreover, presence of prominent manufacturers offering advanced products based on latest technologies will augment regional growth during the projected time frame.
Growth Factors:
- Increasing demand for recreational activities: The global population is increasingly becoming health and fitness conscious. This has led to a rise in the demand for recreational activities, such as ATV riding.
- Growing popularity of off-road racing: Off-road racing is gaining immense popularity, especially among millennials. This is contributing to the growth of the ATV market.
- Technological advancements: The ATV market is witnessing rapid technological advancements, with manufacturers introducing new features and models equipped with advanced technologies. This is attracting consumers and fuelling the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
All-Terrain Vehicle (ATV) Market Research Report
By Type
Sport ATV, Utility ATV
By Application
Sports and Leisure, Agriculture Industry, Out-door Work, Military Forces, Other
By Companies
Polaris, Honda, Kawasaki, BRP, Yamaha Motor, Arctic Cat, Suzuki, Hisun, CFMOTO, kymco, TGB, Feishen Group, Linhai Group, Rato, Cectek, XY FORCE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global All-Terrain Vehicle (ATV) Market Report Segments:
The global All-Terrain Vehicle (ATV) market is segmented on the basis of:
Types
Sport ATV, Utility ATV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sports and Leisure, Agriculture Industry, Out-door Work, Military Forces, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Polaris
- Honda
- Kawasaki
- BRP
- Yamaha Motor
- Arctic Cat
- Suzuki
- Hisun
- CFMOTO
- kymco
- TGB
- Feishen Group
- Linhai Group
- Rato
- Cectek
- XY FORCE
 Market Overview.svg)
Highlights of The All-Terrain Vehicle (ATV) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sport ATV
- Utility ATV
- By Application:
- Sports and Leisure
- Agriculture Industry
- Out-door Work
- Military Forces
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the All-Terrain Vehicle (ATV) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An all-terrain vehicle, or ATV, is a type of four-wheel drive vehicle that is designed for off-road use.
Some of the major companies in the all-terrain vehicle (atv) market are Polaris, Honda, Kawasaki, BRP, Yamaha Motor, Arctic Cat, Suzuki, Hisun, CFMOTO, kymco, TGB, Feishen Group, Linhai Group, Rato, Cectek, XY FORCE.
The all-terrain vehicle (atv) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. All-Terrain Vehicle (ATV) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. All-Terrain Vehicle (ATV) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. All-Terrain Vehicle (ATV) Market - Supply Chain
4.5. Global All-Terrain Vehicle (ATV) Market Forecast
4.5.1. All-Terrain Vehicle (ATV) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. All-Terrain Vehicle (ATV) Market Size (000 Units) and Y-o-Y Growth
4.5.3. All-Terrain Vehicle (ATV) Market Absolute $ Opportunity
5. Global All-Terrain Vehicle (ATV) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
5.3.1. Sport ATV
5.3.2. Utility ATV
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global All-Terrain Vehicle (ATV) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
6.3.1. Sports and Leisure
6.3.2. Agriculture Industry
6.3.3. Out-door Work
6.3.4. Military Forces
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global All-Terrain Vehicle (ATV) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global All-Terrain Vehicle (ATV) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global All-Terrain Vehicle (ATV) Demand Share Forecast, 2019-2026
9. North America All-Terrain Vehicle (ATV) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
9.4.1. Sports and Leisure
9.4.2. Agriculture Industry
9.4.3. Out-door Work
9.4.4. Military Forces
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
9.7.1. Sport ATV
9.7.2. Utility ATV
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America All-Terrain Vehicle (ATV) Demand Share Forecast, 2019-2026
10. Latin America All-Terrain Vehicle (ATV) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
10.4.1. Sports and Leisure
10.4.2. Agriculture Industry
10.4.3. Out-door Work
10.4.4. Military Forces
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
10.7.1. Sport ATV
10.7.2. Utility ATV
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America All-Terrain Vehicle (ATV) Demand Share Forecast, 2019-2026
11. Europe All-Terrain Vehicle (ATV) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
11.4.1. Sports and Leisure
11.4.2. Agriculture Industry
11.4.3. Out-door Work
11.4.4. Military Forces
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
11.7.1. Sport ATV 11.7.2. Utility ATV
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe All-Terrain Vehicle (ATV) Demand Share, 2019-2026
12. Asia Pacific All-Terrain Vehicle (ATV) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
12.4.1. Sports and Leisure
12.4.2. Agriculture Industry
12.4.3. Out-door Work
12.4.4. Military Forces
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
12.7.1. Sport ATV
12.7.2. Utility ATV
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific All-Terrain Vehicle (ATV) Demand Share, 2019-2026
13. Middle East & Africa All-Terrain Vehicle (ATV) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Application
13.4.1. Sports and Leisure
13.4.2. Agriculture Industry
13.4.3. Out-door Work
13.4.4. Military Forces
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa All-Terrain Vehicle (ATV) Market Size and Volume Forecast by Type
13.7.1. Sport ATV
13.7.2. Utility ATV
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa All-Terrain Vehicle (ATV) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global All-Terrain Vehicle (ATV) Market: Market Share Analysis
14.2. All-Terrain Vehicle (ATV) Distributors and Customers
14.3. All-Terrain Vehicle (ATV) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Polaris
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honda
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kawasaki
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BRP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yamaha Motor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arctic Cat
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suzuki
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hisun
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CFMOTO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. kymco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TGB
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Feishen Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Linhai Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rato
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Cectek
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. XY FORCE
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
