Selbyville, DE -- (SBWIRE) -- 11/12/2018 -- The U.S. will dominate the North America youth ATV & UTV market with volume share at over 88% till 2024. Favorable climatic and geographical conditions along with the presence of several trails will support the regional dominance. Pennsylvania youth ATV & UTV market share will grow significantly at around 5 %CAGR over the study timeframe due to the increased youth participation and the presence of multiple trails maintained and operated by the PA DCNR.

Notable North America Youth ATV & UTV market players comprise All Wheels Canada, Apex ATV Racing, Apollo Motors, Arctic Cat, Bintelli Offroad, BMS Motors, Bombardier Recreational Products, DRR USA Inc, Hisun Motors, Honda Motors, Kawasaki Motors Corporation, KYMCO, Mademoto, Massimo Motor Sports, Polaris Industries, Rosso Motors, SSR Motorsports, Suzuki Motor Corporation, Tomride, USA Motortoys, Venom Motorsports, Yamaha Motor Corporation.

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The North America Youth ATV & UTV Market report 2018-2024 provides a comprehensive landscape of the industry, accurate market estimates and forecast split By Product, and regions. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the North America Youth ATV & UTV, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the North America Youth ATV & UTV segment competitive environment, diving in to the industry position of each major company along with the strategic landscape.

Ontario province will dominate the revenue and volume with over 28% share till 2024. This dominance can be credited to presence of several clubs in the province actively promoting the maintenance and construction of trails. Multiple sports and recreational activities organized by the OFATV clubs further augments the business share over the projected timeframe.

The youth UTV/SSV segment will showcase more than 6% CAGR over the projected timeframe. This can be credited to the growing trend towards opting UTVs for off-roading. The enhanced safety features offered by these vehicles including windshield, seatbelts, roll cage along with multiple seating capabilities will supplement the North America youth ATV & UTV business growth till 2024.

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Industry players are investing in R&D to introduce innovative features in their portfolio to differentiate from the competition. Introduction of several features including fully independent suspension, CDI, CVT, and EFI systems enhances the off-roading capabilities, thereby strengthening the North America youth ATV & UTV business growth.

Government across the region is encouraging several associations for construction of ATV & UTV trails and upgrade the existing ones to support the North America youth ATV & UTV industry. For instance, in 2014, Fortune ATV Trail Association completed the development of a 5.5-kilometer multi-purpose ATV trail between Jenkins Hill and the Fortune Brook.

Increasing accidents among youth from the ATVs & UTVs and age restrictions may limit the business growth till 2024. For instance, in the U.S. total ATV reported deaths under the age of 16 years accounted for 53. However, government is actively promoting the usage of safety equipment and mandating driver safety training programs which in turn will overcome the challenge over the forecast timeline.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. North America Youth ATV & UTV Industry Insights

Chapter 4. North America Youth ATV & UTV Market, By Product

Chapter 5. North America Youth ATV & UTV Market, By Fuel

Chapter 6. North America Youth ATV & UTV Market, By Region

Chapter 7. North America Youth ATV & UTV Market Company Profiles

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