Latest News- All-Terrain Vehicle (ATV) Market: 400cc-800cc is expected to lead the Engine Capacity segment during 2025-2029

The All-Terrain Vehicle (ATV) Market is being driven by Growing use of ATVs in recreational, sports, and military applications

The All-Terrain Vehicle (ATV) Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2160.9 million. To enhance market penetration and consumer interest in All-Terrain Vehicles (ATVs), leading ATV manufacturers are executing strategic initiatives. These include the establishment of dedicated experience zones to showcase ATV capabilities and generate demand. Furthermore, expanding dealership networks in North America and Europe, as well as emerging markets in Asia, are key focus areas. Polaris Inc., for instance, has implemented Polaris Experience Zones (PEZs) in countries such as the United States, Germany, and India, to broaden its customer base. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Engine Capacity
  • 400cc-800cc
  • Below 400cc
  • Above 800cc
• Application
  • Recreational
  • Sports
  • Agriculture
  • Military and defense
• Propulsion
  • Gasoline
  • Diesel
  • Electric
• Distribution Channel
  • Dealerships
  • Online Retail
  • Direct Sales
• Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • The Netherlands
    • UK
  • APAC
    • Australia
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing use of ATVs in recreational, sports, and military applications
• Increasing demand for ATVs for recreational and adventurous sports activities
• Rising demand for ATVs

However, the market also witnesses some limitations, which are as follows:

• Environmental concerns due to increasing use of ATVs
• Legal limitations associated with off-road vehicles
• Lack of global acceptance as street-legal vehicles

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Market Scope in All-Terrain Vehicle (ATV) Market Research Report

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Research Analysis Overview

The All-Terrain Vehicle (ATV) market encompasses various advanced technologies such as traction control, anti-lock brakes, electronic stability control, hill descent control, and differential locks. Additionally, suspension tuning, tire pressure monitoring, and the use of off-road tires like mud tires and rock crawling tires are essential features. Fuel injection, engine braking, and different transmission types including manual, automatic, and CVT are also key elements. Other features include power steering, independent and solid axle suspension, lighting systems, side and rear view mirrors, cargo boxes, storage compartments, fuel tank capacity, maintenance intervals, service schedules, aftermarket parts, ATV clubs, communities, events, and races.

Market Research Overview

The global leisure products market encompasses a range of sectors, including utility vehicles, recreational vehicles, off-road vehicles, sport utility vehicles, and four-wheel drives. These categories fall under the broader umbrella of household durables, which is calculated based on the combined revenue generated by manufacturers in this segment. Factors driving the growth of this market include the expansion of health and fitness clubs, with memberships experiencing significant growth in recent years. The increasing number of health and fitness clubs presents a promising business opportunity for leisure product manufacturers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/