According to a market report by Lucintel, the future of the global all-terrain vehicle market looks promising with opportunities the sports atv & utility atv markets. The global all-terrain vehicle market is expected to reach an estimated $4 billion by 2030 from $3 billion in 2023 at a CAGR of 3% from 2023 to 2030. The major drivers for this market are growing demand for electric atvs, integration of smart and connected atvs, and augmented reality (ar) and virtual reality (vr) training.
A more than 150-page report to
understand trends, opportunity and
forecast in all-terrain vehicle market to 2030 by product (sports atv, utility
atv, and other atv), application (sports, entertainment, agriculture, military
and defense, forestry , and others), engine displacement (low, medium, and
high), type (type i and type ii), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that utility atv will remain the largest segment over the forecast
period due to increasing use of utility all-terrain vehicles in farming and
agriculture applications..
Within
this market, entertainment is expected to witness the higher growth.
Download
sample by clicking on all-terrain
vehicle market.
Polaris
Industries, Honda Motor, Yamaha Motor, Arctic Cat, BRP, Kawasaki Heavy
Industries, and Suzuki Motor Corporation are the major suppliers in the
all-terrain vehicle market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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