All-terrain vehicle (ATV), also known as quad bike or quadricycle, is a vehicle that is designed to travel through a variety of terrains. It has four wheels with low pressure tires; it is steered using handlebars. Depending on vehicle size, ATVs are (usually) equipped with up to 2 seats, which are generally made of plastic. The global ATV market is growing due to increased adoption in applications such as defense; agriculture; off-road transport in mountainous, snowy, forested, or desert regions; and recreational or sporting activities.
Technavio’s analysts forecast the global ATV market to grow at a CAGR of 2.88% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global ATV market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global ATV Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Arctic Cat • Suzuki Motor
Market driver • Lower maintenance cost of e-ATVs • For a full, detailed list, view our report
Market challenge • Range concerns of e-ATVs • For a full, detailed list, view our report
Market trend • Increasing ATV experience zones • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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