Market Overview:
The global sport all terrain vehicle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for leisure and outdoor activities, rising disposable income, and growing awareness about the benefits of using all terrain vehicles. Based on type, the global sport all terrain vehicle market is segmented into less than 200 ml, 201-400 ml, 401-700 ml, and more than 700 ml segments. The 401-700 ml segment is expected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for high performance vehicles in developed countries such as North America and Europe. Based on application, the global sport all terrain vehicle market is segmented into leisure applications, out-door work applications such as farming and forestry applications), competition applications (such as motocross racing), and other applications (including military use).
Product Definition:
An all terrain vehicle (ATV) is a vehicle that travels on low pressure tires, typically on four wheels, designed to handle a variety of terrains. ATVs are used extensively in sport, especially in off-road sports such as motocross, enduro, desert racing and rally raid.
Less than 200 ml:
It is the smallest volume of liquid that can be occupied by a liquid at room temperature. It is used in various sports activities such as off-road racing, motocross, and snowmobile racing. The growth factor for this market is increasing consumer preference towards all terrain vehicles (ATVs) due to easy availability of these vehicles on roads and high demand from developing countries like China & India.
201-400 ml:
201-400 ml is a volume range commonly used for watercraft ranging from wakeboards to surf boards. The 201-400 ml size category has been gaining significant market share in the sports all terrain vehicle (ATV) industry over the past few years and this trend is expected to continue over the forecast period.
Application Insights:
The leisure application segment accounted for the largest revenue share of over 50% in 2017. The growing trend of sports tourism is driving the demand for all terrain vehicles with a leisure purpose. Increasing number of outdoor activities and adventure travel has increased the popularity of 4WDs with a leisure purpose across North America and Europe. Furthermore, increasing disposable income levels in countries such as Australia, New Zealand, South Africa and Brazil has fueled the demand for high performance off-roaders equipped with amenities such as sleeping bags, camping stoves and air conditioners among others to cater to an adventurous spirit which further drives their sales.
Regional Analysis:
North America dominated the global sport all terrain vehicle (ATV) market in 2017. The region is expected to witness a growth rate of over 4% during the forecast period. Increasing popularity of ATVs in countries such as the U.S., Canada, and Mexico is one of the major factors contributing to regional growth. Furthermore, presence of key manufacturers such as Yamaha Motor Co., Ltd.; Bombardier Recreational Products Inc.; and Arctic Cat Inc.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 owing to increasing disposable income levels among middle-class population groups in developing economies including China.
Growth Factors:
- Increasing demand for recreational activities: The global population is increasingly becoming health conscious and prefers outdoor recreational activities such as ATV riding to maintain their physical fitness. This is expected to drive the growth of the Sport All Terrain Vehicle market during the forecast period.
- Technological advancements: The development of new and innovative technologies in Sport All Terrain Vehicles, such as electric vehicles, is anticipated to fuel market growth over the next few years.
- Rising disposable income: With rising disposable incomes, consumers are increasingly purchasing high-end Sport All Terrain Vehicles that offer better performance and features compared to traditional models. This is likely to boost market growth in the coming years.
- Growing popularity of off-roading sports: Off-roading sports are gaining immense popularity among adventure enthusiasts across the globe, which is propelling demand for Sport All Terrain Vehicles used for this purpose. This trend is expected to have a positive impact on market growth during the forecast period . 5) Emerging markets offer significant potential forgrowth : A large number of emerging markets present considerable opportunitiesfor expansion in th eSportAllTerrainVehiclemarket due tobusinessgrowth potentialandthe increasing adoptionof thesevehiclesbyconsumersin these regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Sport All Terrain Vehicle Market Research Report
By Type
Less than 200 ml, 201-400 ml, 401-700 ml, More than 700 ml
By Application
Leisure, Out-door Work, Competition, Other
By Companies
Polaris, Kawasaki, Yamaha, Arctic Cat, Honda, Bombardier, Suzuki, Kymco, Chongqing Huansong Industries, Feishen
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Sport All Terrain Vehicle Market Report Segments:
The global Sport All Terrain Vehicle market is segmented on the basis of:
Types
Less than 200 ml, 201-400 ml, 401-700 ml, More than 700 ml
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
Leisure, Out-door Work, Competition, 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
- Kawasaki
- Yamaha
- Arctic Cat
- Honda
- Bombardier
- Suzuki
- Kymco
- Chongqing Huansong Industries
- Feishen
Highlights of The Sport All Terrain Vehicle 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:
- Less than 200 ml
- 201-400 ml
- 401-700 ml
- More than 700 ml
- By Application:
- Leisure
- Out-door Work
- Competition
- 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 Sport All Terrain Vehicle 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
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- 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?
A Sport All Terrain Vehicle, or S.A.T.V., is a four-wheeled vehicle designed for off-road use and typically equipped with an all-terrain suspension system, skid plates, and other features to make it more capable in rugged terrain than traditional cars or trucks.
Some of the major players in the sport all terrain vehicle market are Polaris, Kawasaki, Yamaha, Arctic Cat, Honda, Bombardier, Suzuki, Kymco, Chongqing Huansong Industries, Feishen.
The sport all terrain vehicle market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sport All Terrain Vehicle 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. Sport All Terrain Vehicle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sport All Terrain Vehicle Market - Supply Chain
4.5. Global Sport All Terrain Vehicle Market Forecast
4.5.1. Sport All Terrain Vehicle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sport All Terrain Vehicle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sport All Terrain Vehicle Market Absolute $ Opportunity
5. Global Sport All Terrain Vehicle 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. Sport All Terrain Vehicle Market Size and Volume Forecast by Type
5.3.1. Less than 200 ml
5.3.2. 201-400 ml
5.3.3. 401-700 ml
5.3.4. More than 700 ml
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sport All Terrain Vehicle 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. Sport All Terrain Vehicle Market Size and Volume Forecast by Application
6.3.1. Leisure
6.3.2. Out-door Work
6.3.3. Competition
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sport All Terrain Vehicle 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. Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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. Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Demand Share Forecast, 2019-2026
9. North America Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Market Size and Volume Forecast by Application
9.4.1. Leisure
9.4.2. Out-door Work
9.4.3. Competition
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sport All Terrain Vehicle Market Size and Volume Forecast by Type
9.7.1. Less than 200 ml
9.7.2. 201-400 ml
9.7.3. 401-700 ml
9.7.4. More than 700 ml
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 Sport All Terrain Vehicle Demand Share Forecast, 2019-2026
10. Latin America Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Market Size and Volume Forecast by Application
10.4.1. Leisure
10.4.2. Out-door Work
10.4.3. Competition
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sport All Terrain Vehicle Market Size and Volume Forecast by Type
10.7.1. Less than 200 ml
10.7.2. 201-400 ml
10.7.3. 401-700 ml
10.7.4. More than 700 ml
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 Sport All Terrain Vehicle Demand Share Forecast, 2019-2026
11. Europe Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Market Size and Volume Forecast by Application
11.4.1. Leisure
11.4.2. Out-door Work
11.4.3. Competition
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sport All Terrain Vehicle Market Size and Volume Forecast by Type
11.7.1. Less than 200 ml
11.7.2. 201-400 ml
11.7.3. 401-700 ml
11.7.4.More than 700 ml
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 Sport All Terrain Vehicle Demand Share, 2019-2026
12. Asia Pacific Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Market Size and Volume Forecast by Application
12.4.1. Leisure
12.4.2. Out-door Work
12.4.3. Competition
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sport All Terrain Vehicle Market Size and Volume Forecast by Type
12.7.1. Less than 200 ml
12.7.2. 201-400 ml
12.7.3. 401-700 ml
12.7.4. More than 700 ml
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 Sport All Terrain Vehicle Demand Share, 2019-2026
13. Middle East & Africa Sport All Terrain Vehicle 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 Sport All Terrain Vehicle 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 Sport All Terrain Vehicle Market Size and Volume Forecast by Application
13.4.1. Leisure
13.4.2. Out-door Work
13.4.3. Competition
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sport All Terrain Vehicle Market Size and Volume Forecast by Type
13.7.1. Less than 200 ml
13.7.2. 201-400 ml
13.7.3. 401-700 ml
13.7.4. More than 700 ml
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 Sport All Terrain Vehicle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sport All Terrain Vehicle Market: Market Share Analysis
14.2. Sport All Terrain Vehicle Distributors and Customers
14.3. Sport All Terrain Vehicle 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. Kawasaki
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yamaha
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arctic Cat
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bombardier
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. Kymco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chongqing Huansong Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Feishen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
