Market Overview:
The global ATV & SxS 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 recreational activities and rising disposable income of consumers. In addition, the growing popularity of off-road vehicles among youngsters is also propelling the growth of this market. On the basis of type, ATVs are expected to account for a larger share in terms of revenue in 2018 as compared to SxS vehicles. However, SxS vehicles are anticipated to grow at a higher CAGR during the forecast period as they offer more features and benefits than ATVs such as better handling and performance on difficult terrains.
Product Definition:
ATV - All Terrain Vehicle. A vehicle that is designed to be ridden on rough terrain, such as off-road trails.
SxS - Side x Side. A vehicle that has two seats side by side, usually used for recreation or utility purposes.
ATV:
ATV is a digital versatile that can store an entire TV channel on a removable flash drive. It's like having thousands of cable TV channels at home without the need for cables or satellite dish. ATVs are available in different sizes, from small ones to large-screen TVs with high definition quality. They are also available in different shapes and models, which can be suited according to the consumers' needs and preferences.
SxS:
SxS or Storageless Storage is a new term in the storage industry. It means that the data stored on any media can be accessed without any external devices being connected to the computer. The technology was developed by Google, for use in its cloud computing services and other products such as YouTube, Google Docs and Picasa.
Application Insights:
The work application segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing demand for heavy-duty vehicles in construction, mining and agriculture sectors among other applications such as forestry and logistics. Furthermore, governments are promoting initiatives to increase penetration rate of ATVs & SxSs by providing subsidies on purchase or rental amount under affordable schemes which has further driven the market growth over the recent years.
Entertainment application is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising popularity sports activities such as motocross, enduro racing among others that require large number of sxs motorcycles for practice and competition purposes respectively which is driving demand globally across various regions including North America, Latin America Asia Pacific Middle East & Africa Europe Central & South America Andean countries).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for off-road vehicles and rising popularity of ATVs in U.S., Canada, and Mexico as a result of easy availability of spare parts and repair services/maintenance facilities, which are estimated to boost sales over the next eight years.
Asia Pacific is anticipated to witness significant growth over the coming years owing to growing disposable income especially in developing countries such as India, China, Indonesia among others which will drive product adoption across rural areas for agricultural activities including hunting & fishing along with other applications such as work/towing vehicle or mini truck used for carrying goods etc.; entertainment; and search & rescue (SAR). Moreover, supportive government regulations regarding use are also likely fuel regional market growth during the forecast period.
Growth Factors:
- Increasing demand for recreational activities and outdoor sports.
- Growing popularity of off-road vehicles among all age groups, especially millennials.
- Proliferation of off-road events and racing competitions across the globe.
- Technological advancements in ATV & SxS design and engineering that improve performance, safety, and fuel efficiency 5
Scope Of The Report
Report Attributes
Report Details
Report Title
ATV & SxS Market Research Report
By Type
ATV, SxS
By Application
Work, Entertainment
By Companies
Polaris, Honda, BRP, Kawasaki, Yamaha Motor, John Deere, Kubota, Arctic Cat, HSUN Motor, CFMOTO, Suzuki, KYMCO, Linhai Group
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global ATV & SxS Market Report Segments:
The global ATV & SxS market is segmented on the basis of:
Types
ATV, SxS
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
Work, Entertainment
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
- BRP
- Kawasaki
- Yamaha Motor
- John Deere
- Kubota
- Arctic Cat
- HSUN Motor
- CFMOTO
- Suzuki
- KYMCO
- Linhai Group
Highlights of The ATV & SxS 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:
- ATV
- SxS
- By Application:
- Work
- Entertainment
- 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 ATV & SxS 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
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?
ATV stands for all-terrain vehicle, while SxS stands for small form factor. These terms are used to describe different types of vehicles that can be used on off-road terrain.
Some of the key players operating in the atv & sxs market are Polaris, Honda, BRP, Kawasaki, Yamaha Motor, John Deere, Kubota, Arctic Cat, HSUN Motor, CFMOTO, Suzuki, KYMCO, Linhai Group.
The atv & sxs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ATV & SxS Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ATV & SxS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ATV & SxS Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ATV & SxS Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ATV & SxS Market Size & Forecast, 2018-2028
4.5.1 ATV & SxS Market Size and Y-o-Y Growth
4.5.2 ATV & SxS Market Absolute $ Opportunity
Chapter 5 Global ATV & SxS Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 ATV & SxS Market Size Forecast by Type
5.2.1 ATV
5.2.2 SxS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ATV & SxS Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 ATV & SxS Market Size Forecast by Applications
6.2.1 Work
6.2.2 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ATV & SxS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ATV & SxS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America ATV & SxS Analysis and Forecast
9.1 Introduction
9.2 North America ATV & SxS Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America ATV & SxS Market Size Forecast by Type
9.6.1 ATV
9.6.2 SxS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America ATV & SxS Market Size Forecast by Applications
9.10.1 Work
9.10.2 Entertainment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe ATV & SxS Analysis and Forecast
10.1 Introduction
10.2 Europe ATV & SxS Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe ATV & SxS Market Size Forecast by Type
10.6.1 ATV
10.6.2 SxS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe ATV & SxS Market Size Forecast by Applications
10.10.1 Work
10.10.2 Entertainment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific ATV & SxS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ATV & SxS Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific ATV & SxS Market Size Forecast by Type
11.6.1 ATV
11.6.2 SxS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific ATV & SxS Market Size Forecast by Applications
11.10.1 Work
11.10.2 Entertainment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America ATV & SxS Analysis and Forecast
12.1 Introduction
12.2 Latin America ATV & SxS Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America ATV & SxS Market Size Forecast by Type
12.6.1 ATV
12.6.2 SxS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America ATV & SxS Market Size Forecast by Applications
12.10.1 Work
12.10.2 Entertainment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) ATV & SxS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ATV & SxS Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) ATV & SxS Market Size Forecast by Type
13.6.1 ATV
13.6.2 SxS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) ATV & SxS Market Size Forecast by Applications
13.10.1 Work
13.10.2 Entertainment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ATV & SxS Market: Competitive Dashboard
14.2 Global ATV & SxS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Polaris
14.3.2 Honda
14.3.3 BRP
14.3.4 Kawasaki
14.3.5 Yamaha Motor
14.3.6 John Deere
14.3.7 Kubota
14.3.8 Arctic Cat
14.3.9 HSUN Motor
14.3.10 CFMOTO
14.3.11 Suzuki
14.3.12 KYMCO
14.3.13 Linhai Group
