Harrisburg, NC -- (SBWIRE) -- 02/27/2019 -- Global All Terrain Vehicle (ATV) Market Insights, Forecast to 2025
All-terrain vehicles also called as quad bikes, or quadricycles are vehicles with large and robust tires with low tire pressure, a wide seat that assists the driver to be seated in a comfortable position and are is fitted with a wide length handlebar allowing easy control and maneuverability to the driver. This automobile is designed to be ridden preferably as a single seater or with a pillion rider. The vehicle is designed to handle a large variety of terrains compared to other automobiles, which is not legal to be ridden on the streets of majority of countries, and thus, requires special permission for driving on the streets.
All-terrain vehicles are generally designed to be ridden by a single operator, though some manufacturers design these vehicles to be ridden by the operator as well as the pillion riding passenger. The vehicle is to be operated more or less like a motorcycle, but the four wheels give it extra stability and control along with the scope to be easily maneuvered in difficult and unpredictable terrains.
The Global All Terrain Vehicle (ATV) market revenue was valued at US$ 5.8 billion in 2016 and will register moderate CAGR of 3.5% between 2017 and 2027
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Top Leading Companies are: Polaris,Honda,Kawasaki,BRP,Yamaha Motor,Arctic Cat,Suzuki,Hisun,CFMOTO,KYMCO,XY FORCE,TGB,Feishen Group,Linhai Group,Rato,Cectek
These vehicles are highly customizable and have an engine capacity ranging from 100CC to as high as 1000CC according to need and application. The all-terrain vehicle since its inception in the 1960s was a three-wheeler till the late 1980s. Suzuki Motor Corporation from Japan, was the first company to introduce the four-wheeled ATVs in 1982. Due to greater stability, engine efficiency and vehicle performance of the four-wheeler variant, the three-wheeled ATVs gradually phased out post 1987. After the trend of four-wheeled ATVs globally, the engine capacity by the manufacturers was increased sharply along with the ability to ride the vehicle in the most difficult of terrains and extreme riding conditions.
Contents of the 15 Chapters for This All Terrain Vehicle (ATV) Market Study:-
Chapter 1, to describe All Terrain Vehicle (ATV) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of All Terrain Vehicle (ATV) , with sales, revenue, and price of All Terrain Vehicle (ATV) , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of All Terrain Vehicle (ATV), for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, All Terrain Vehicle (ATV) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe All Terrain Vehicle (ATV) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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All Terrain Vehicle (ATV) Market, by Type:
All Terrain Vehicle (ATV) Market, by End User:
Sports and leisure
On the basis of vehicle type, the sports utility category is the most widely sold and popular among customers. The sports utility ATVs are generally used explicitly for racing purpose. These vehicles thus tend be lighter, smaller and faster than other ATVs. These vehicles are easy to maneuver and thus, sudden and swift actions such as accelerating, and cornering become easier with their use. These are generally rear wheel drive, which in rare cases can be custom made and converted into a four-wheel drive vehicle. They are installed with robust and strong suspension system to ease the jerks while speeding or landing on the racing track. The utility ATVs are built with either four-wheel drive or two-wheel drive. They are generally used for towing large and heavy loads and thus, are often fitted with hooks, fenders and other accessories to help in the cargo transport.
Asia Pacific is expected to be primarily driven by rising demand for ATV from military and entertainment sectors. Compared to developed regions where penetration rate of ATV is as high as 65%, Asia Pacific has penetration level below 35%. Industry players need to capitalize this large addressable market in order to overcome staggering growth. Rising disposable income, purchasing power parity and increase in defense spending is likely to proliferate the ATV demand in Asia Pacific. China and India will be key market for ATV market players. There has been likely shift in Asia Pacific market dynamics. China, which not only dominated Asia Pacific region in market size but also growth rate, – will lose its position to India in terms of growth rate. China ATV market size was 1.3X higher than India in 2016. China growth rate is expected to decline from 10.7% (2013-17) to 7.8% (2017-27), whereas India will witness steep incline from 6.4% to 9.6%.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of All Terrain Vehicle (ATV) Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of All Terrain Vehicle (ATV) Market Carrier and assist manufacturers and investment organization to better grasp the development course of All Terrain Vehicle (ATV) Market.
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Important attributes of the report:
The 360-degree All Terrain Vehicle (ATV) overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
Irfan Tamboli(Head of Sales)
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