Market Overview:
The global ATV & UTV accessories 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. Additionally, the growing popularity of off-road vehicles is also propelling the growth of this market. The global ATV & UTV accessories market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into tires, car shelfs, engines, motors, batteries, lamps and electric circuit materials. The application segment includes personal use and commercial use. Region wise; it can be classified into North America (USA), Latin America (Brazil), Europe (Germany), Asia Pacific (China) and Middle East & Africa (South Africa).
Product Definition:
ATV and UTV Accessories are the items that you can use with your ATV or UTV to make it more fun, useful, or comfortable. Examples of ATV and UTV Accessories include hitches, windshields, racks, lights, and mirrors.
Tires:
Tires are the rubber sheets that are used in the vehicles. They help in improving the vehicle's performance by providing grip to vehicle and prevent it from moving when driven at a high speed. Tires have different types such as radial tires, bias ply tires, semi-pneumatic tires and radial tire with wire bead. The type of tire depends upon its usage i.e.
Car Shelf:
Car shelf is a device or part that is fixed to the dashboard of an automobile and used for storing items such as drinks, wallets, phones, watches and other small accessories. The shelf can be adjusted in height and width according to the size of the car. It also helps in carrying goods from one place to another within a vehicle with ease.
The demand for car shelves has increased over time owing to its utility while driving along with comfort while traveling.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the rising demand from end-use industries including agriculture, construction and mining among others. Commercial applications include farms, ranches and forests, government agencies and public utility companies among others. Personal use ATVs are used for recreational purposes such as dirt biking or trail riding on private property or at public parks with permission from the landowner where permitted by local laws. Increasing disposable income levels coupled with growing urbanization have led to an increase in personal use vehicles (PUVs) across developing countries including China, India and Brazil which is expected to boost market growth over the forecast period particularly in Asia Pacific region over next few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to increasing demand for ATVs and UTVs in countries such as Canada and Mexico. Moreover, presence of key manufacturers such as Yamaha Motor Co., Ltd., Kawasaki Heavy Industries, Suzuki Motor Corporation, Bombardier Recreational Products Inc., Arctic Cat Inc. has also fueled the product demand over the past few years.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising disposable income coupled with growing popularity of four-wheeler racing competitions across various countries including India, China, Thailand.
Europe is anticipated to follow Asia Pacific region with a CAGR exceeding 5% from 2018 to 2030 due to high product penetration along with increasing consumer preference for off-road vehicles used for recreational activities such as camping.
Growth Factors:
- Increasing demand for recreational activities: The global population is increasingly becoming health conscious and prefers outdoor recreational activities such as ATV and UTV riding to maintain their physical fitness. This is expected to drive the demand for ATV and UTV accessories in the coming years.
- Technological advancements: The introduction of advanced technologies in the manufacturing of ATV and UTV accessories has resulted in their increased adoption by consumers worldwide. This is likely to boost the growth of this market in the near future.
- Rising disposable income: A rise in disposable income among consumers across regions has led to an increase in spending on luxury items, including ATV and UTV accessories. This is anticipated to fuel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
ATV & UTV Accessories Market Research Report
By Type
Tires, Car Shelf, Engine, Motor, Battery, Lamps, Electric Circuit Material
By Application
Personal, Commercial
By Companies
Arctic Cat, Can Am, Argo UTV, BMS Motorsports, Bennche, Bush Hog, Case IH, CFMoto, Club Car, Cub Cadet, Textron Specialized Vehicles, Hisun
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global ATV & UTV Accessories Market Report Segments:
The global ATV & UTV Accessories market is segmented on the basis of:
Types
Tires, Car Shelf, Engine, Motor, Battery, Lamps, Electric Circuit Material
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
Personal, Commercial
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:
- Arctic Cat
- Can Am
- Argo UTV
- BMS Motorsports
- Bennche
- Bush Hog
- Case IH
- CFMoto
- Club Car
- Cub Cadet
- Textron Specialized Vehicles
- Hisun
Highlights of The ATV & UTV Accessories 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:
- Tires
- Car Shelf
- Engine
- Motor
- Battery
- Lamps
- Electric Circuit Material
- By Application:
- Personal
- Commercial
- 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 & UTV Accessories 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 & UTV Accessories are items that are used with ATVs and UTVs to make them easier to use. These items can include things like helmets, handlebars, seats, and racks.
Some of the key players operating in the atv & utv accessories market are Arctic Cat, Can Am, Argo UTV, BMS Motorsports, Bennche, Bush Hog, Case IH, CFMoto, Club Car, Cub Cadet, Textron Specialized Vehicles, Hisun.
The atv & utv accessories market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ATV & UTV Accessories 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 & UTV Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ATV & UTV Accessories 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 & UTV Accessories 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 & UTV Accessories Market Size & Forecast, 2018-2028
4.5.1 ATV & UTV Accessories Market Size and Y-o-Y Growth
4.5.2 ATV & UTV Accessories Market Absolute $ Opportunity
Chapter 5 Global ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
5.2.1 Tires
5.2.2 Car Shelf
5.2.3 Engine
5.2.4 Motor
5.2.5 Battery
5.2.6 Lamps
5.2.7 Electric Circuit Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ATV & UTV Accessories 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 & UTV Accessories 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 & UTV Accessories Analysis and Forecast
9.1 Introduction
9.2 North America ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
9.6.1 Tires
9.6.2 Car Shelf
9.6.3 Engine
9.6.4 Motor
9.6.5 Battery
9.6.6 Lamps
9.6.7 Electric Circuit Material
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 & UTV Accessories Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Commercial
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 & UTV Accessories Analysis and Forecast
10.1 Introduction
10.2 Europe ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
10.6.1 Tires
10.6.2 Car Shelf
10.6.3 Engine
10.6.4 Motor
10.6.5 Battery
10.6.6 Lamps
10.6.7 Electric Circuit Material
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 & UTV Accessories Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Commercial
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 & UTV Accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
11.6.1 Tires
11.6.2 Car Shelf
11.6.3 Engine
11.6.4 Motor
11.6.5 Battery
11.6.6 Lamps
11.6.7 Electric Circuit Material
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 & UTV Accessories Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Commercial
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 & UTV Accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
12.6.1 Tires
12.6.2 Car Shelf
12.6.3 Engine
12.6.4 Motor
12.6.5 Battery
12.6.6 Lamps
12.6.7 Electric Circuit Material
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 & UTV Accessories Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Commercial
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 & UTV Accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ATV & UTV Accessories 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 & UTV Accessories Market Size Forecast by Type
13.6.1 Tires
13.6.2 Car Shelf
13.6.3 Engine
13.6.4 Motor
13.6.5 Battery
13.6.6 Lamps
13.6.7 Electric Circuit Material
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 & UTV Accessories Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Commercial
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 & UTV Accessories Market: Competitive Dashboard
14.2 Global ATV & UTV Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arctic Cat
14.3.2 Can Am
14.3.3 Argo UTV
14.3.4 BMS Motorsports
14.3.5 Bennche
14.3.6 Bush Hog
14.3.7 Case IH
14.3.8 CFMoto
14.3.9 Club Car
14.3.10 Cub Cadet
14.3.11 Textron Specialized Vehicles
14.3.12 Hisun
