September 20, 2019 by Jason Lee
ATV's are single-seated, small, open motor vehicles with ability to operate on variety of terrains such as snow, forests, mountains, and other rough terrains. However, UTV's have multiple seating capacity and can carry more than one rider safely. UTV's are also called as Side by Side as they feature side by side seating facility for passengers. These vehicles have deep-threaded tires, which allows the ATV and UTV to be driven on the muddy, rocky, and other such rough terrains.
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The ATV and UTV market has witnessed significant growth over the years, owing to increase in trend of power sport and recreational activities worldwide.
The global ATV & UTV market is segmented into vehicle type, displacement, fuel type, application, end-user vertical, and region. Based on vehicle type, the market is divided into ATV and UTV. Displacement of vehicle is categorized as â‰¤ 400 (CC), 400-800 (CC), and â‰¥ 800 (CC). Fuel type is further classified into gasoline powered, diesel powered, electric powered, and solar powered. Based on application, the market is categorized into utility, sports, and others. End-user vertical is segregated into agriculture, military, mountaineering, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the ATV and UTV market include Polaris Industries, Inc., Deere & Company., Kawasaki Motors Corp., U.S.A., Yamaha Motor Co., Ltd., ARCTIC CAT INC., Honda Motor Company, BRP, HISUN, KYMCO, Suzuki, and others.
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Key Benefits for ATV & UTV market:
ATV & UTV Key Market Segments:
By Vehicle Type
Less than 400 (CC)
By Fuel Type
By End-user Vertical
• North America
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