Learn about the global power sports market through The Business Research Company, which provides information on power sports market size, power sports market drivers and restraints, power sports market players, the COVID-19 impact on the power sports market, and more.

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%.

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

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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.

Global Power Sports Market Segments Include:
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: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the power sports market in 2021.

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

TBRC’s power sports market report covers:

Major Market Players: 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.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Power Sports Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides power sports market overviews, analyzes and forecasts market size, share, power sports market players, power sports market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s power sports market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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