How would the trend of electric ATVs impact the All-terrain Vehicle Market over the next 5 years?
The All-Terrain Vehicle Market, by value, is projected to grow to USD 4.4 billion by 2025 from USD 3.9 billion in 2020, at a CAGR of 2.4% during the forecast period. The market growth is driven by the increasing off-road recreational activities, growing demand for ATVs in agriculture and military & defense applications, and increased purchasing power and spending capacity of individuals....