Market Overview:
The global sports ATV equipment 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 sports ATVs and protective gear from sporting goods retailers, hypermarkets, online retailers, and other end-users. Additionally, the growing popularity of off-road racing is also contributing to the growth of this market. The global sports ATV equipment market by type is segmented into sports ATVs and protective gear. Thesports ATVsegment is further sub-segmented into recreational vehicles (RVs) and utility vehicles (UTVs).
Product Definition:
ATV equipment is used to ride ATVs. It includes a helmet, goggles, boots, and gloves. The importance of ATV equipment is that it keeps the rider safe while riding.
Sports ATV:
Sports ATV, also known as off-road vehicles or all-terrain vehicles (ATVs), are four wheel drive vehicles that are designed for sports and leisure use. They have a seating capacity for one to five persons and can be used to travel on four wheels with an independent suspension system. Sports ATVs can be used in various terrains including sand, snow, mud or rock beds and hilly terrain.
Sports ATV Protective Gear:
Sports ATV Protective Gear is used to protect the athlete from injuries caused by contact with other vehicles, animals, and the environment while playing sports on off-road vehicles. The protective gear market includes helmets, knee & elbow pads, hip & tailbone protection belts as well as gloves. Protective gear for hands are of particular importance in sports where there is a high probability of hand injury.
Application Insights:
The sporting goods retailers accounted for the largest revenue share of over 60% in 2017. The segment is expected to continue its dominance over the forecast period owing to an increase in demand for sports equipment among children and adolescents. Furthermore, rising disposable income levels among emerging population groups also boosts the sales of sporting goods stores.
The hypermarkets and supermarkets are expected to witness significant growth during the forecast period due to increasing consumer spending on luxury shopping experiences coupled with a rise in demand for convenience foods such as frozen meals, snacks & desserts, ready-to-eat breakfast cereals and other grocery products. This trend has led supermarkets/hypermarkets owners to include sports activities as part of their recreational programs along with yoga classes or aerobics sessions that provide better workout benefits at cheaper costs than personal training does. Such trends have positively influenced consumers towards purchasing sport utility vehicles equipped with seats that can be adjusted according to different sizes thereby boosting segment growth during the study period.
Regional Analysis:
North America dominated the global sports ATV equipment market in 2017. The region is expected to witness a considerable growth rate of over 4% from 2018 to 2030. This growth can be attributed to the increasing popularity of outdoor activities, such as off-road vehicles (ORVs) and all terrain vehicles (ATVs), in countries, such as Canada and the U.S. Furthermore, stringent regulations by regulatory bodies for using power-driven vehicle on public lands are driving consumers towards ORVs/ATVs for recreational purposes thereby fueling product demand in North America.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rising disposable income among middle class population groups coupled with growing interest of buyers towards adventure sports activities including trekking and hiking across rural areas or through national parks within Asia Pacific countries including India, China, Thailand etc.
Growth Factors:
- Increasing demand for sports ATVs from the recreational segment is expected to be a key growth driver for the market over the forecast period.
- The increasing popularity of off-road racing and other motorsports is also anticipated to fuel demand for sports ATVs in the coming years.
- Growing awareness about the benefits of using sports ATVs, such as improved fitness and adrenaline rush, is projected to boost market growth during the forecast period.
- Introduction of new models with advanced features is likely to spur demand for sports ATVs in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports ATV Equipment Market Research Report
By Type
Sports ATV, Sports ATV Protective Gear
By Application
Sporting Goods Retailers, Hypermarket, Online Retailers, Other
By Companies
Arctic Cat, BRP, Honda Motor Company, Polaris Industries, Yamaha Motor Corporation, Fox Racing, Kawasaki Motors, KYMCO, Leatt
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Sports ATV Equipment Market Report Segments:
The global Sports ATV Equipment market is segmented on the basis of:
Types
Sports ATV, Sports ATV Protective Gear
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
Sporting Goods Retailers, Hypermarket, Online Retailers, 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:
- Arctic Cat
- BRP
- Honda Motor Company
- Polaris Industries
- Yamaha Motor Corporation
- Fox Racing
- Kawasaki Motors
- KYMCO
- Leatt
Highlights of The Sports ATV Equipment 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:
- Sports ATV
- Sports ATV Protective Gear
- By Application:
- Sporting Goods Retailers
- Hypermarket
- Online Retailers
- 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 Sports ATV Equipment 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?
Sports ATV Equipment is a type of off-road vehicle that is designed for recreational use. It typically has four or more wheels, and can be driven on dirt, gravel, or pavement. Sports ATVs are often used to explore natural areas and ride trails.
Some of the major companies in the sports atv equipment market are Arctic Cat, BRP, Honda Motor Company, Polaris Industries, Yamaha Motor Corporation, Fox Racing, Kawasaki Motors, KYMCO, Leatt.
The sports atv equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports ATV Equipment 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. Sports ATV Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sports ATV Equipment Market - Supply Chain
4.5. Global Sports ATV Equipment Market Forecast
4.5.1. Sports ATV Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sports ATV Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sports ATV Equipment Market Absolute $ Opportunity
5. Global Sports ATV Equipment 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. Sports ATV Equipment Market Size and Volume Forecast by Type
5.3.1. Sports ATV
5.3.2. Sports ATV Protective Gear
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sports ATV Equipment 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. Sports ATV Equipment Market Size and Volume Forecast by Application
6.3.1. Sporting Goods Retailers
6.3.2. Hypermarket
6.3.3. Online Retailers
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sports ATV Equipment 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. Sports ATV Equipment 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 Sports ATV Equipment 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. Sports ATV Equipment 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 Sports ATV Equipment Demand Share Forecast, 2019-2026
9. North America Sports ATV Equipment 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 Sports ATV Equipment 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 Sports ATV Equipment Market Size and Volume Forecast by Application
9.4.1. Sporting Goods Retailers
9.4.2. Hypermarket
9.4.3. Online Retailers
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 Sports ATV Equipment Market Size and Volume Forecast by Type
9.7.1. Sports ATV
9.7.2. Sports ATV Protective Gear
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 Sports ATV Equipment Demand Share Forecast, 2019-2026
10. Latin America Sports ATV Equipment 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 Sports ATV Equipment 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 Sports ATV Equipment Market Size and Volume Forecast by Application
10.4.1. Sporting Goods Retailers
10.4.2. Hypermarket
10.4.3. Online Retailers
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 Sports ATV Equipment Market Size and Volume Forecast by Type
10.7.1. Sports ATV
10.7.2. Sports ATV Protective Gear
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 Sports ATV Equipment Demand Share Forecast, 2019-2026
11. Europe Sports ATV Equipment 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 Sports ATV Equipment 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 Sports ATV Equipment Market Size and Volume Forecast by Application
11.4.1. Sporting Goods Retailers
11.4.2. Hypermarket
11.4.3. Online Retailers
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 Sports ATV Equipment Market Size and Volume Forecast by Type
11.7.1. Sports ATV
11.7.2. Sports ATV Protective Gear
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -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 Sports ATV Equipment Demand Share, 2019-2026
12. Asia Pacific Sports ATV Equipment 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 Sports ATV Equipment 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 Sports ATV Equipment Market Size and Volume Forecast by Application
12.4.1. Sporting Goods Retailers
12.4.2. Hypermarket
12.4.3. Online Retailers
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 Sports ATV Equipment Market Size and Volume Forecast by Type
12.7.1. Sports ATV
12.7.2. Sports ATV Protective Gear
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 Sports ATV Equipment Demand Share, 2019-2026
13. Middle East & Africa Sports ATV Equipment 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 Sports ATV Equipment 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 Sports ATV Equipment Market Size and Volume Forecast by Application
13.4.1. Sporting Goods Retailers
13.4.2. Hypermarket
13.4.3. Online Retailers
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 Sports ATV Equipment Market Size and Volume Forecast by Type
13.7.1. Sports ATV
13.7.2. Sports ATV Protective Gear
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 Sports ATV Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sports ATV Equipment Market: Market Share Analysis
14.2. Sports ATV Equipment Distributors and Customers
14.3. Sports ATV Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arctic Cat
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BRP
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honda Motor Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polaris Industries
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 Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fox Racing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kawasaki Motors
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. Leatt
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
