The Business Research Company’s report goes into great detail on the power sports market size and growth, power sports market regional analysis, power sports market competitive landscape, and other critical information needed to excel in the power sports industry.

Major players in the power sports market include John Deere, Polaris Inc, Kawasaki Heavy Industries Motorcycle & Engine Company, Yamaha Motor Co. Ltd., Honda Motor Company Ltd., Suzuki Motor Corporation, Harley-Davidson Inc., Kubota Corporation, Kymco, Arctic Cat Inc., Textron Inc., Ducati Motor Holding S.p.A., Triumph Motorcycles Ltd, Zero Motorcycles Inc., and Hisun Motors Corp.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global power sports market size is expected to grow from $29.04 billion in 2021 to $30.88 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The power sport market size is expected to grow to $39.95 billion in 2026 at a CAGR of 6.7%.

North America was the largest region in the power sports market in 2021.

The power sports market consists of sales of power sports products by entities (organizations, sole traders, and partnerships) that are used for racing and recreational pleasure riding. Power sports are defined as a subset of the motorsports category that has high-performance engines and controlled handlebars for controlling the movement. The rider usually sits on a saddle for power sports vehicles, unlike sitting in enclosed spaces in other cars or vehicles. These are usually used for races and other similar sporting events.

The rising participation in recreational activities, such as snowmobiling and off-road biking is expected to propel the growth of the power sports market.

Request a Sample of the Global Power Sports Market Report

Technological advancements are a key trend gaining popularity in the power sports market.

TBRC’s global power sports market report is segmented:
By Vehicle Type: All-Terrain Vehicle, Side-by-Side Vehicle, Personal Watercraft, Snowmobiles, Heavyweight Motorcycle

By Model: Multi Personal, Sit Down, Stand Up

By Application: On-Road, Off-Road

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Power Sports Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the power sports market globally and regionally, analyzes and forecasts market size, share, power sports market players, power sports market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Sports Betting Global Market Report 2022

Fleet Management Global Market Report 2022

Recreation Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: