ATV and UTV Market to Garner $11.95 Billion by 2027: Allied Market Research
Increase in trend of adventure sports and recreational activities, surge in demand for ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on road fuel the growth of the global ATV and UTV market. By fuel type, the gasoline powered segment accounted for major share in 2017. On the basis of region, on the other hand, the market across LAMEA would cite the fastest CAGR throughout the forecast period. Prominent Players: CFmoto, Deere Company, Suzuki Motor Corporation, Hisun Motors Corporation, Kawasaki Heavy Industries Ltd, Kwang Yang Motor Co., Ltd., Yamaha Motor Co., Ltd., BRP Inc, Kubota Corporation, Polaris Industries, Inc., Honda Motor Company, Ltd., and Textron Inc. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures. Increase in trend of adventure sports and recreational activities, surge in demand for ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on road fuel the growth of the global ATV and UTV market.
ATV and UTV Market to Garner $11.95 Billion by 2027: Allied Market Research
Increase in trend of adventure sports and recreational activities, surge in demand for ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on road fuel the growth of the global ATV and UTV market. By fuel type, the gasoline powered segment accounted for major share in 2017. On the basis of region, on the other hand, the market across LAMEA would cite the fastest CAGR throughout the forecast period. Prominent Players: CFmoto, Deere Company, Suzuki Motor Corporation, Hisun Motors Corporation, Kawasaki Heavy Industries Ltd, Kwang Yang Motor Co., Ltd., Yamaha Motor Co., Ltd., BRP Inc, Kubota Corporation, Polaris Industries, Inc., Honda Motor Company, Ltd., and Textron Inc. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures. Increase in trend of adventure sports and recreational activities, surge in demand for ATV and UTV in military activities, and government rules to support driving ATVs and UTVs on road fuel the growth of the global ATV and UTV market.