All-terrain Vehicle Market Projected to reach $5.0 billion by 2027
The All-Terrain Vehicle Market, by value, is projected to grow to USD 5.0 billion by 2027 from USD 4.3 billion in 2022, at a CAGR of 2.7% during the forecast period. The increasing demand for ATVs in military, agriculture, and sports applications is the major factor driving the all-terrain vehicle market.
“Sports to be the fastest segment, by type”
The sports segment is projected to be...
All-terrain Vehicle Market Analysis, Trends, Growth and Forecast 2020 to 2025
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....
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....