Key Companies in All-Terrain Vehicle (ATV) Market analyzed are for market analysis are:
Arctic Cat, Bombardier Recreational Products, CECTEK, CFmoto, Honda Motors, Kawasaki Motors Corporation, HiSun Motors, John Deere and KYMCO.
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All-Terrain Vehicle (ATV) Global Market Overview:
All-Terrain Vehicle (ATV) are any non-road licensed vehicles that are used for recreational purpose or for riding off-the road. They can be driven on all-terrain roads including trail roads among others. They are most prepared in racing course, competitions, and adventure.
The governments have set various rules with respect to different age groups to mitigate the risk of accident. For instance, children below 12 years of age have to be under strict monitoring while operating all-terraine vehicles, which makes it a restraint for the person to ride the ATVs. Individuals in the age group of 12 – 17 years should have a valid ATV certificate which makes it difficult for such riders to ride the ATV. The factors mentioned above are expected to act as a major restraint for the All-Terrain Vehicle market during the forecast.
The strict government rules and regulation for ride an All-Terrain Vehicle (ATV) are expected to adversely impact the All-Terrain vehicle market in the future. Additionally the customer base of riders below 18 years of age, may not have proper guidance for riding the ATV, which may result into accident. This will be restraining factor for the growth of the market.
The global All-Terrain Vehicle (ATV) vehicle market has been segmented on the basis of product as sports ATV, sports utility ATV, utility ATV and Others. On the basis of application the market has been segmented as sports & recreation, agriculture, military & defense and forestry. On the basis of basis of geography the market has been segmented as Americas, Europe, Asia Pacific and Rest of the world.
The ATV industry is currently flourishing in the North American region. Growing awareness regarding off- roading events has resulted in the increasing demand for all-terrain vehicles, which will in turn significantly contribute towards the growth of the all-terrain vehicle market in this region.
Europe is another attractive market for major industrial competitors in the all-terrain vehicle market. The sales of All-Terrain Vehicle (ATV) in the United Kingdom continue to increase with the increase in new registrations by nearly 15% in January. The ATV segment has witnessed considerable attention from both the manufacturers and the customers with sales rapidly rising in the past couple of years. Now with a steady stream of demand, manufacturers like Honda are aggressively pushing new products in the market.
Asia Pacific is one of the fastest growing region for all-terrain vehicles mainly due to the major investments by top market players in this region, combined with the increasing popularity of all-terrain vehicles among individuals.
Distributor & Supplier companies
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
The report for Global all-terrain vehicle (ATV) vehicle Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
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