About All Terrain Vehicle
The predecessor of the modern all-terrain vehicle (ATV) originated from three-wheeled locomotives using low-pressure pneumatic tires. At the beginning, it was only a car designed for cross-country racing. Later, it gradually became a racing car, a utility vehicle, and a family leisure vehicle. With the popularity of the market in the United States, the locomotive changed from three rounds to four rounds. As four-wheeled vehicles become the main form of ATVs, four-wheel drive ATVs have also developed. Due to the improvement of people living standard and scientific development, many kinds of Terrain vehicles have been created to enrich people's life. The terrain vehicle can provide functions such as global positioning system (GPS) tracking, mobile tracking, and bluetooth, integrated smartphones, audio entertainment, and Go-Pro cameras, which can bring convenience to customers.
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Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global All Terrain Vehicle market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Polaris Industries (United States), Yamaha Motor Company (Japan), Arctic Cat (United States), Bombardier Recreational Products Inc. (BRP) (Canada), Suzuki Global (Japan), Kawasaki Heavy Industries Ltd (Japan), Kwang Yang Motor Co.Ltd. (Taiwan), Feishen Group (China) and Cectek (Taiwan) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global All Terrain Vehicle market by Type (Sports ATV and Utility ATV), Application (Adventure Activities, Border Patrol, Construction, Land Management and Others) and Region.
On the basis of geography, the market of All Terrain Vehicle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle, the sub-segment i.e. Youth Models will boost the All Terrain Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Sports will boost the All Terrain Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Engine, the sub-segment i.e. 2-Stroke will boost the All Terrain Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Improvement in Efficiency and Versatility of All-Terrain Vehicles, Focusing on Producing Low Budget ATVs will Boost the Market and Adoption of Automated All-Terrain Vehicle
Market Growth Drivers:
Growing Demand for Adventure Sports Activities and Increasing Lifestyle and Disposable Income in the Emerging economies
Complexity in using the Vehicle due to its Heaviness and More Fuel Consumption by the All-Terrain Vehicle can be Hindrance for the Market
High-Cost Maintenance and Its Availability and Regulatory Standards Related to the Fuel Emission and its Sound
Continuous Research and Development in All-Terrain Vehicle for better Performance and Growing Investment and Production of All-Terrain Vehicle
Key Target AudienceAll Terrain Vehicle Manufacturers, All Terrain Vehicle International Traders, All Terrain Vehicle Distributors and Suppliers, Research and Development Institutes, Financial Institutes and Venture Capital and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.