New York NY 3 May 2019:
The Report “All-Terrain Vehicle (ATV) and
Utility Task Vehicle (UTV) Market
By Type (All-Terrain Vehicle {Sport All-Terrain Vehicle, Sport Utility
All-Terrain Vehicle, Utility All-Terrain Vehicle, Other All-Terrain Vehicle},
Utility Vehicle {Sports Utility Vehicle, Load Carrier Utility Vehicle,
Multipurpose Utility Vehicle, Other Utility Vehicle}); By Application (Sports,
Mining, Entertainment, Agriculture, Defense, Others); By Region, Segments &
Forecast, 2018 - 2026” The global all-terrain vehicle (ATV)
and utility task vehicle (UTV) market generated $9.2 billion in 2017 and is
anticipated to grow at a CAGR of 8.3% during the forecast period according to a
new report published by Polaris Market Research.
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this research report @ https://www.polarismarketresearch.com/industry-analysis/all-terrain-vehicle-atv-and-utility-task-vehicle-utv-market/request-for-sample
All-terrain vehicles (ATV) are
small, open, and single-seated motor vehicles with three or four tires. It has
the ability to operate on a wide variety of terrains such as forests,
mountains, snow, and other rough terrains. These vehicles have deep-threaded
tires that enable the vehicles to be driven on rocky, muddy, and root cover
terrains. Utility task vehicles are IC engines or electric motors powered
vehicles driven through steering, and used in applications such as farming, mining,
and rescue.
The demand for ATV and UTV has
increased over the years owing to increasing tourism activities. The increasing
trend of sports activities and adventure sports has increased the demand for
these vehicles. The growing consumer disposable income and improving living
standards also fuel the market growth. Other factors supporting the market
growth include technological advancements, increasing applications in defense
and agriculture sectors, and supportive government initiatives.
The report provides an extensive
qualitative and quantitative analysis of the market trends and growth prospects
of the Global ATV and UTV Market, 2017-2026. This report comprises a detailed
geographic distribution of the market across North America, Europe, Asia-Pacific,
Latin America, and MEA. North America is further segmented into U.S., Canada,
and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of
Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of
Asia-Pacific. North America generated the highest revenue in 2017 owing to
increasing applications in agriculture, defense, and mining applications. The
high disposable incomes, and government initiatives to promote sport activities
have resulted in market growth in the region.
Browse Complete
summary of this report with TOC on “All-Terrain Vehicle (ATV) and Utility Task
Vehicle (UTV) Market by Application and End User – Global Industry Analysis and
Forecast to 2026” at: https://www.polarismarketresearch.com/industry-analysis/all-terrain-vehicle-atv-and-utility-task-vehicle-utv-market
Competitive
Landscape and Key Vendors
The global ATV and UTV market is
characterized by the presence of well-diversified international and small and
medium-sized vendors. These companies are consistently launching new products
to enhance their offerings in the market. With the advancement of technologies,
companies are innovating and introducing new customized products to cater the
growing needs of the customers. Leading companies are also acquiring other
companies, and enhancing their product offerings to improve their market reach.
Acquisitions enable key players to increase their market potential in terms of
geographic expansion and expansion of customer base.
The leading companies profiled in
the report include Yamaha Motors, Honda Motors Co Ltd, Deere & Company,
Polaris Industries, Kubota Corporation, Caterpillar Inc., Kawasaki Heavy
Industries Motorcycle & Engine Company, Bobcat Company, Hisun Motors, and
Bombardier Recreational Products.
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know more @ https://www.polarismarketresearch.com/industry-analysis/all-terrain-vehicle-atv-and-utility-task-vehicle-utv-market/speak-to-analyst
About
Polaris Market Research
Polaris Market Research is a global
market research and consulting company. The company specializes in providing
exceptional market intelligence and in-depth business research services for our
clientele spread across different enterprises. We at Polaris are obliged to
serve our diverse customer base present across the industries of healthcare,
technology, semi-conductors and chemicals among various other industries
present around the world. We strive to provide our customers with updated
information on innovative technologies, high growth markets, emerging business
environments and latest business-centric applications, thereby helping them
always to make informed decisions and leverage new opportunities. Adept with a
highly competent, experienced and extremely qualified team of experts
comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver
value-added business solutions to our customers.
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us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
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