UTV Software Communications

The North America ATV and UTV market was valued at USD 5.89 billion in 2019 and is anticipated to register a CAGR of about 4.81% during the forecast period (2020

Retrieved on: 
Monday, March 2, 2020

Also, manufacturers are now working towards making electric ATV and UTV more regular in the region studied.

Key Points: 
  • Also, manufacturers are now working towards making electric ATV and UTV more regular in the region studied.
  • - The United States is the largest market in the North American region occupying a significant share of the total market value followed by Canada and Mexico.
  • But since the market is still in the nascent stage in these countries, they are expected to exhibit relatively high growth rate.
  • All the aforementioned facts can deter the growth of ATV and UTV market in North America.

The ATV and UTV market is estimated to grow in Asia Pacific from $XX million in 2018 to $XX million by 2027, at a CAGR of 8.35% during the forecasting periods from 2019 to 2027

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Wednesday, July 31, 2019

The UTV or utility terrain vehicle is the type of vehicle that carry out tasks more efficiently than the general purpose vehicle.

Key Points: 
  • The UTV or utility terrain vehicle is the type of vehicle that carry out tasks more efficiently than the general purpose vehicle.
  • The ATV and UTV market is estimated to grow in Asia Pacific from $XX million in 2018 to $XX million by 2027, at a CAGR of 8.35% during the forecasting periods from 2019 to 2027.
  • The nation like China, India, Japan, South Korea, Australia and the remaining countries banding together to form the Rest of Asia Pacific regional segment are the chief revenue contributors in the region.
  • BRP Inc., Honda Motor Company Ltd., Kawasaki Heavy Industries Ltd., Textron Inc. (Artic Cat), Yamaha Motor Co. Ltd., Deere & Company, Kwang Yang Motor Co. Ltd., Suzuki Motors Corporation, Hisun Motors Corporation, and Polaris Industries Inc. are the major companies that are profiled extensively in the report.

GLOBAL ATV AND UTV MARKET FORECAST 2019-2027

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Wednesday, May 8, 2019

Global ATV and UTV market deals in various segments depending as per the customer demand for the recreational use of the vehicle in sports, farming, mountaineering, military, etc.The outdoor explorers and adventure seekers are the extensive users of these vehicles and capturing the widest share of the total market in 2018.

Key Points: 
  • Global ATV and UTV market deals in various segments depending as per the customer demand for the recreational use of the vehicle in sports, farming, mountaineering, military, etc.The outdoor explorers and adventure seekers are the extensive users of these vehicles and capturing the widest share of the total market in 2018.
  • The global ATV and UTV Market are anticipated to grow from $ XX million in 2018 to $14560 million by 2027, at a CAGR of 7.15 % between 2019 and 2027.
  • Geographically, the global ATV and UTV market has been segmented on the basis of four major regions, namely, North America, Asia Pacific, Europe and the Rest of World regional segment.
  • Market in the Asia Pacific is showing great potential because of the presence of many economies showing greater impulse.

ATV and UTV Market by Vehicle Type, Displacement, 400-800, and > 800 ), Fuel Type, Application, and End-user Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

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Tuesday, March 19, 2019

These vehicles have deep-threaded tires, which allows the ATV and UTV to be driven on the muddy, rocky, and other such rough terrains.

Key Points: 
  • These vehicles have deep-threaded tires, which allows the ATV and UTV to be driven on the muddy, rocky, and other such rough terrains.
  • The ATV and UTV market has witnessed significant growth over the years, owing to increase in trend of power sport and recreational activities worldwide.
  • The global ATV & UTV market is segmented into vehicle type, displacement, fuel type, application, end-user vertical, and region.
  • Key Benefits for ATV & UTV market:
    This study comprises the analytical depiction of the global ATV and UTV market along with the current trends and future estimations to depict the imminent investment pockets.

ATV and UTV Market to Reach $14.10 Bn, Globally, by 2025 at 7.8% CAGR, Says AMR

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Tuesday, February 19, 2019

According to the report, the global ATV and UTV market garnered $7.62 billion in 2017 and is expected to reach $14.10 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Key Points: 
  • According to the report, the global ATV and UTV market garnered $7.62 billion in 2017 and is expected to reach $14.10 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.
  • Conversely, production of safer ATVs and UTVs is expected to provide opportunities for the growth of the market.
  • However, the ATV segment would register the fastest CAGR of 9.0% from 2018 to 2025.
  • This is because leading ATV and UTV companies are organizing ATV & UTV racing championships and offering championship bonuses.

ATV and UTV Market to Reach $14.10 Bn, Globally, by 2025 at 7.8% CAGR, Says AMR

Retrieved on: 
Tuesday, February 19, 2019

According to the report, the global ATV and UTV market garnered $7.62 billion in 2017 and is expected to reach $14.10 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Key Points: 
  • According to the report, the global ATV and UTV market garnered $7.62 billion in 2017 and is expected to reach $14.10 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.
  • Conversely, production of safer ATVs and UTVs is expected to provide opportunities for the growth of the market.
  • However, the ATV segment would register the fastest CAGR of 9.0% from 2018 to 2025.
  • This is because leading ATV and UTV companies are organizing ATV & UTV racing championships and offering championship bonuses.

Youth ATV & UTV Market in North America to Hit $380mn by 2024: Global Market Insights, Inc.

Retrieved on: 
Tuesday, October 2, 2018

SELLBYVILLE, Del., Oct. 2, 2018 /PRNewswire-PRWeb/ -- The youth ATV segment of North American UTV & youth ATV market accounted for over 80% volume share in 2017.

Key Points: 
  • SELLBYVILLE, Del., Oct. 2, 2018 /PRNewswire-PRWeb/ -- The youth ATV segment of North American UTV & youth ATV market accounted for over 80% volume share in 2017.
  • Increasing recreational spending along with the rising number of off-roading events are driving the North America youth ATV & UTV market share over the forecast timeframe.
  • Gasoline segment dominated the North American youth ATV & UTV market size with a revenue share of over 90%.
  • The significantly high power and torque outputs from such vehicles will further support the North American youth ATV & UTV market growth till 2024.

Global Utility Task Vehicles (UTV) Market to 2026 with Companies Looking to Snag Defense and Military Contracts

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Monday, September 24, 2018

The "Global Utility Task Vehicles (UTV) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Utility Task Vehicles (UTV) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
  • The utility task vehicles market was valued US$ 4.12 Bn in 2017 and estimated to grow with a CAGR of 6.7% during the forecast period from 2018 to 2026.
  • Utility task vehicles or utility terrain vehicle (UTV) market experienced a momentous growth in both sports and utility sector in past few years and especially in 2016 and 2017.
  • Companies are also eyeing to grab defense and military contracts to provide UTV for surveillance and rescue operations.