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The global ATV market is expected to grow from $3.20 billion in 2021 to $3.41 billion in 2022 at a compound annual growth rate (CAGR) of 6.41%. The global all-terrain vehicle (ATV) market is expected to reach $4.21 billion in 2026 at a CAGR of 5.43%.

The increasing expenditure on off-trailing activities and outdoor sports activities is expected to propel the growth of the all-terrain vehicle (ATV) market.

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The all-terrain vehicle (ATV) market consists of sales of all-terrain vehicles by entities (organizations, sole traders, and partnerships) that are also known as light utility vehicles (LUV), quads, or quad bikes. It is a vehicle that travels on low-pressure tires with a seat that is straddled by the operator, along with handlebars for steering control. Also, it is being designed to handle a wider variety of terrain better than other vehicles.

Global ATV Market Segments Include:
By Vehicle Type: Utility ATV, Sports ATV, Recreational, Others

By Displacement: Low, Mid, High

By Application: Sports, Entertainment, Agriculture, Military, Hunting

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 is the largest region in the global ATV market in 2021.

New product innovations are a key trend gaining popularity in the all-terrain vehicle (ATV) market. Companies are emphasizing new product development to meet the fast-growing demand from end customers and increase market share and global presence.

TBRC’s ATV market report covers:

Major Market Players: Bombardier Recreational Products (BRP), Suzuki Motors Corporation, Kawasaki Motors Corporation, HiSun Motors, Yamaha Motor Co. Ltd, Polaris Industries Inc., Textron Industries, Honda Motor Co, Deere & Company, (NYSE: DE), Taiwan Golden Bee (TGB) Co. Ltd., Can-Am, and Zhejiang Cfmoto Power Co., Ltd.

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 All-Terrain Vehicle (ATV) Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides ATV market overviews, analyzes and forecasts market size, share, ATV market players, ATV market segments and geographies, leading competitor revenues, profiles and market shares.

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

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Motor Vehicles Global Market Report 2022

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