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Bombardier Recreational Products Inc.
HISUN Motors Corp.
Honda Motor Co. Ltd.
Kawasaki Heavy Industries Ltd.
Mahindra and Mahindra Ltd.
Nebula Automotive Pvt. Ltd.
Polaris Inc.
SHERP
Suzuki Motor Corp.
Taiwan Golden Bee Co. Ltd.
Tao Motor Inc.
Textron Inc.
TOMCAR
Yamaha Motor Co. Ltd.
ZHEJIANG CFMOTO POWER Co. Ltd.
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The all-terrain vehicle (ATV) market is forecasted to grow by USD 2160.9 mn during 2024-2029, accelerating at a CAGR of 8.4% during the forecast period. The report on the all-terrain vehicle (ATV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of atvs in recreational, sports, and military applications, increasing demand for atvs for recreational and adventurous sports activities, and rising demand for atvs.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 7.8%
CAGR 8.4%
Incremental Value $2160.9 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's all-terrain vehicle (ATV) market is segmented as below:
By Engine Capacity
400cc-800cc
Below 400cc
Above 800cc
By Application
Recreational
Sports
Agriculture
Military and defense
By Propulsion
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the increasing number of atv experience zones as one of the prime reasons driving the all-terrain vehicle (ATV) market growth during the next few years. Also, growing penetration of cvt systems in atvs and advances in autonomous atvs will lead to sizable demand in the market.
The report on the all-terrain vehicle (ATV) market covers the following areas:
All-Terrain Vehicle (ATV) Market sizing
All-Terrain Vehicle (ATV) Market forecast
All-Terrain Vehicle (ATV) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading all-terrain vehicle (ATV) market vendors that include BMS Motorsports Inc., Bombardier Recreational Products Inc., HISUN Motors Corp., Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Kayo USA, Kubota Corp., Mahindra and Mahindra Ltd., Massimo Motor Sports LLC, Nebula Automotive Pvt. Ltd., Polaris Inc., SHERP, Suzuki Motor Corp., Taiwan Golden Bee Co. Ltd., Tao Motor Inc., Textron Inc., TOMCAR, Yamaha Motor Co. Ltd., and ZHEJIANG CFMOTO POWER Co. Ltd.. Also, the all-terrain vehicle (ATV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Engine Capacity
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Propulsion
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global All-Terrain Vehicle (ATV) Market 2019 - 2023
Historic Market Size - Data Table on Global All-Terrain Vehicle (ATV) Market 2019 - 2023 ($ million)
5.2 Engine Capacity segment analysis 2019 - 2023
Historic Market Size - Engine Capacity Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Propulsion segment analysis 2019 - 2023
Historic Market Size - Propulsion Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global all-terrain vehicle (ATV) market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Engine Capacity
8.1 Market segments
Chart on Engine Capacity - Market share 2024-2029 (%)
Data Table on Engine Capacity - Market share 2024-2029 (%)
8.2 Comparison by Engine Capacity
Chart on Comparison by Engine Capacity
Data Table on Comparison by Engine Capacity
400cc-800cc - Market size and forecast 2024-2029
Chart on 400cc-800cc - Market size and forecast 2024-2029 ($ million)
Data Table on 400cc-800cc - Market size and forecast 2024-2029 ($ million)
Chart on 400cc-800cc - Year-over-year growth 2024-2029 (%)
Data Table on 400cc-800cc - Year-over-year growth 2024-2029 (%)
8.4 Below 400cc - Market size and forecast 2024-2029
Chart on Below 400cc - Market size and forecast 2024-2029 ($ million)
Data Table on Below 400cc - Market size and forecast 2024-2029 ($ million)
Chart on Below 400cc - Year-over-year growth 2024-2029 (%)
Data Table on Below 400cc - Year-over-year growth 2024-2029 (%)
8.5 Above 800cc - Market size and forecast 2024-2029
Chart on Above 800cc - Market size and forecast 2024-2029 ($ million)
Data Table on Above 800cc - Market size and forecast 2024-2029 ($ million)
Chart on Above 800cc - Year-over-year growth 2024-2029 (%)
Data Table on Above 800cc - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Engine Capacity
Market opportunity by Engine Capacity ($ million)
Data Table on Market opportunity by Engine Capacity ($ million)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Recreational - Market size and forecast 2024-2029
Chart on Recreational - Market size and forecast 2024-2029 ($ million)
Data Table on Recreational - Market size and forecast 2024-2029 ($ million)
Chart on Recreational - Year-over-year growth 2024-2029 (%)
Data Table on Recreational - Year-over-year growth 2024-2029 (%)
9.4 Sports - Market size and forecast 2024-2029
Chart on Sports - Market size and forecast 2024-2029 ($ million)
Data Table on Sports - Market size and forecast 2024-2029 ($ million)
Chart on Sports - Year-over-year growth 2024-2029 (%)
Data Table on Sports - Year-over-year growth 2024-2029 (%)
9.5 Agriculture - Market size and forecast 2024-2029
Chart on Agriculture - Market size and forecast 2024-2029 ($ million)
Data Table on Agriculture - Market size and forecast 2024-2029 ($ million)
Chart on Agriculture - Year-over-year growth 2024-2029 (%)
Data Table on Agriculture - Year-over-year growth 2024-2029 (%)
9.6 Military and defense - Market size and forecast 2024-2029
Chart on Military and defense - Market size and forecast 2024-2029 ($ million)
Data Table on Military and defense - Market size and forecast 2024-2029 ($ million)
Chart on Military and defense - Year-over-year growth 2024-2029 (%)
Data Table on Military and defense - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
10 Market Segmentation by Propulsion
10.1 Market segments
Chart on Propulsion - Market share 2024-2029 (%)
Data Table on Propulsion - Market share 2024-2029 (%)
10.2 Comparison by Propulsion
Chart on Comparison by Propulsion
Data Table on Comparison by Propulsion
10.3 Gasoline - Market size and forecast 2024-2029
Chart on Gasoline - Market size and forecast 2024-2029 ($ million)
Data Table on Gasoline - Market size and forecast 2024-2029 ($ million)
Chart on Gasoline - Year-over-year growth 2024-2029 (%)
Data Table on Gasoline - Year-over-year growth 2024-2029 (%)
10.4 Diesel - Market size and forecast 2024-2029
Chart on Diesel - Market size and forecast 2024-2029 ($ million)
Data Table on Diesel - Market size and forecast 2024-2029 ($ million)
Chart on Diesel - Year-over-year growth 2024-2029 (%)
Data Table on Diesel - Year-over-year growth 2024-2029 (%)
10.5 Electric - Market size and forecast 2024-2029
Chart on Electric - Market size and forecast 2024-2029 ($ million)
Data Table on Electric - Market size and forecast 2024-2029 ($ million)
Chart on Electric - Year-over-year growth 2024-2029 (%)
Data Table on Electric - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Propulsion
Market opportunity by Propulsion ($ million)
Data Table on Market opportunity by Propulsion ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.12 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.13 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.14 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.15 The Netherlands - Market size and forecast 2024-2029
Chart on The Netherlands - Market size and forecast 2024-2029 ($ million)
Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
12.16 Spain - Market size and forecast 2024-2029
Chart on Spain - Market size and forecast 2024-2029 ($ million)
Data Table on Spain - Market size and forecast 2024-2029 ($ million)
Chart on Spain - Year-over-year growth 2024-2029 (%)
Data Table on Spain - Year-over-year growth 2024-2029 (%)
12.17 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ million)
Data Table on Mexico - Market size and forecast 2024-2029 ($ million)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Bombardier Recreational Products Inc.
Bombardier Recreational Products Inc. - Overview
Bombardier Recreational Products Inc. - Business segments
Bombardier Recreational Products Inc. - Key offerings
Bombardier Recreational Products Inc. - Segment focus
SWOT
15.5 HISUN Motors Corp.
HISUN Motors Corp. - Overview
HISUN Motors Corp. - Product / Service
HISUN Motors Corp. - Key offerings
SWOT
15.6 Honda Motor Co. Ltd.
Honda Motor Co. Ltd. - Overview
Honda Motor Co. Ltd. - Business segments
Honda Motor Co. Ltd. - Key news
Honda Motor Co. Ltd. - Key offerings
Honda Motor Co. Ltd. - Segment focus
SWOT
15.7 Kawasaki Heavy Industries Ltd.
Kawasaki Heavy Industries Ltd. - Overview
Kawasaki Heavy Industries Ltd. - Business segments
Kawasaki Heavy Industries Ltd. - Key offerings
Kawasaki Heavy Industries Ltd. - Segment focus
SWOT
15.8 Mahindra and Mahindra Ltd.
Mahindra and Mahindra Ltd. - Overview
Mahindra and Mahindra Ltd. - Business segments
Mahindra and Mahindra Ltd. - Key news
Mahindra and Mahindra Ltd. - Key offerings
Mahindra and Mahindra Ltd. - Segment focus
SWOT
15.9 Nebula Automotive Pvt. Ltd.
Nebula Automotive Pvt. Ltd. - Overview
Nebula Automotive Pvt. Ltd. - Product / Service
Nebula Automotive Pvt. Ltd. - Key offerings
SWOT
15.10 Polaris Inc.
Polaris Inc. - Overview
Polaris Inc. - Business segments
Polaris Inc. - Key news
Polaris Inc. - Key offerings
Polaris Inc. - Segment focus
SWOT
15.11 SHERP
SHERP - Overview
SHERP - Business segments
SHERP - Key offerings
SHERP - Segment focus
SWOT
15.12 Suzuki Motor Corp.
Suzuki Motor Corp. - Overview
Suzuki Motor Corp. - Business segments
Suzuki Motor Corp. - Key offerings
Suzuki Motor Corp. - Segment focus
SWOT
15.13 Taiwan Golden Bee Co. Ltd.
Taiwan Golden Bee Co. Ltd. - Overview
Taiwan Golden Bee Co. Ltd. - Product / Service
Taiwan Golden Bee Co. Ltd. - Key offerings
SWOT
15.14 Tao Motor Inc.
Tao Motor Inc. - Overview
Tao Motor Inc. - Product / Service
Tao Motor Inc. - Key offerings
SWOT
15.15 Textron Inc.
Textron Inc. - Overview
Textron Inc. - Business segments
Textron Inc. - Key offerings
Textron Inc. - Segment focus
SWOT
15.16 TOMCAR
TOMCAR - Overview
TOMCAR - Business segments
TOMCAR - Key offerings
TOMCAR - Segment focus
SWOT
15.17 Yamaha Motor Co. Ltd.
Yamaha Motor Co. Ltd. - Overview
Yamaha Motor Co. Ltd. - Business segments
Yamaha Motor Co. Ltd. - Key offerings
Yamaha Motor Co. Ltd. - Segment focus
SWOT
15.18 ZHEJIANG CFMOTO POWER Co. Ltd.
ZHEJIANG CFMOTO POWER Co. Ltd. - Overview
ZHEJIANG CFMOTO POWER Co. Ltd. - Product / Service
ZHEJIANG CFMOTO POWER Co. Ltd. - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations