Abstract
Summary
The all-terrain vehicle market is projected to grow from USD 3.2 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 3.0% from 2023 to 2028. The market has promising growth potential due to rising farm management applications and military mobility operations. Additionally, ease in regulatory norms for registration across different regions fuels the demand for ATVs.
“Sports is the largest application for all-terrain vehicles.”
The sports segment is anticipated to hold the largest share of all-terrain vehicles. Sports ATVs have powerful engines and long-travel suspensions to enhance the handling experience. They are particularly favored by riders participating in ATV championships due to their distinctive high-power engines and torque capabilities. Sport ATVs typically have engine capacities ranging from 100 to 1000cc and can be customized with various accessories to create a unique style and enhance performance. Their exceptional shifting skills and handling features make them highly suitable for sporting activities. The demand for ATVs in recreational/sports activities in Europe and Asia Oceania has snowballed in recent years. The countries of these geographies have experienced increased recreational and adventure events to support outdoor activities. Multiple sports events are being organized in different regions' countries to attract residents and tourists to participate.
Further, sports ATVs demand is higher in GCC countries due to tourism growth and increased interest in desert sports. Leading industry players offer extensive customization options to customers, allowing them to make their ATVs faster, more agile, and well-suited for racing tracks. Furthermore, renowned ATV manufacturers (OEMs) like Honda, Yamaha, BRP, and Polaris are incorporating electronic fuel injection systems in their sport ATV models. Notable sport ATV models available in the market include the Yamaha Raptor 700R SE, YXZIOOOR SE, Polaris Scrambler, Polaris Phoenix, and YFZ450R SE. The growth of the sport ATV market is driven by the rise in recreational activities within the tourism sector and the continuous advancements in the engine systems of sport ATVs.
“>800cc to be the fastest-growing market for All-terrain vehicles.”
Over the forecast period, the>800cc engine is the fastest-growing segment for the all-terrain vehicle market. They deliver high power, tractability, and strength, making these ATVs helpful in carrying heavy loads, towing equipment, and navigating rough terrains. The demand for ATVs with an engine capacity >800 cc is expected to grow substantially in North America as it is a mature market where people are shifting to higher capacity engines for recreational/work activities. The higher engine capacity ATVs are helpful in racing events and challenging off-road conditions. Industries such as mining, forestry, and search and rescue operations depend on these strong ATVs. Polaris Sportsman XP 1000, Can-Am Renegade 1000, Kawasaki Brute Force 750 4x4i EPS, and Yamaha Grizzly 850 are some of the popular ATV models with engine capacity of more than 800 cc available.
“The electric all-terrain vehicles are estimated to register the highest CAGR.”
Electric propulsion all-terrain vehicles are poised to grow rapidly under the review period. New vehicular emission regulations coupled with upcoming developments in alternate propulsion technologies, lowering battery and related parts pricing, and rapidly increasing charging infrastructure are boosting the adoption of electric ATVs. Battery-powered ATVs are efficient as they have lower installation and operational costs than conventional gasoline ATVs, with negligible emissions and low operating noise compared to other ATVs. The development in battery technologies, such as battery packs, fast charging, and long-range batteries, would drive the demand for electric ATVs. For instance, newer versions of electric ATVs, such as the EZ Raider HD4 have a very powerful battery that enables riders to travel as far as a gas-powered ATV. Increasing environmental concerns, developments in battery driving ranges, and launches of various electric ATV models would spur the adoption of electric ATVs in the coming years.
“Asia Oceania to speculated to be the fastest growing market for All-terrain vehicles market during the forecast period.”
The Asia Oceania region will grow fastest for the all-terrain vehicle market, in which Australia and China are the largest markets, whereas India is the fastest-growing market. The key reasons for market growth in Asia Oceania are the increasing sports and entertainment activities and rising demand for ATVs for military and defense applications. In addition, the increased disposable incomes of individuals, the growth in the country’s economy, low production costs, availability of cheap labor, and government initiatives for FDIs have led to increased spending on leisure activities. This, in turn, has resulted in increased sales of all-terrain vehicles in the region. The region has a higher growth potential than mature markets such as North America and Europe, which encourages the growth of the all-terrain vehicle market. Major regional players such as Honda Motor Co. Ltd (Japan), Kawasaki Heavy Industries Ltd (Japan), Suzuki Motor Corporation (Japan), and some foreign and local players support the regional demand with their cost-effective and performance-driven products.
Breakdown of Primaries
In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Stakeholder: Supply side- 90%, and Others - 10%
• By Designation: C Level Executives - 25%, Directors/ Vice Presidents-35%, and Others -40%
• By Region: North America - 20%, Asia Oceania - 50%, Europe - 20%, and Rest of the World – 10%
The All-terrain vehicles market comprises major manufacturers such as Polaris Inc. (US), Honda Motor Co., Ltd (Japan), BRP (Canada), Yamaha Motor Corporation (Japan), and Textron Inc. (US).
Study Coverage
The study segments the all-terrain vehicle market by application (Sports, Entertainment, Agriculture, Military & Defense, and Others (Hunting, forestry)]; type (sports ATV and utility ATV); drive type (2WD, 4WD, and AWD); engine capacity (<400 CC, 400 to 800 CC, and >800 CC); fuel type (Gasoline, and Electric); seating capacity (One, and ≥ two); number of wheels (four, and more than four), region (Asia Oceania, Europe, North America, RoW), and side-by-side by region.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall all-terrain vehicle market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing off-road recreational activities would drive demand for ATVs, Growing demand for ATVs in agriculture and military & defense, Rising purchasing power and spending capacity of individuals), Restraints (High accident rates may hamper ATV sales, Restriction on ATV usage in wildlife zones may hamper ATV demand), Opportunities (Increased use of technology in ATVs to drive demand, Positive outlook toward electric ATVs), Challenges (Trade barriers between different regions, and High cost of ATVs).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the all-terrain vehicle market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the all-terrain vehicle market across different regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the all-terrain vehicle market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Polaris Inc. (US), BRP (Canada), Honda Motor Co., Ltd (Japan), Textron Inc. (US), and Yamaha Motor Corporation (Japan). In the all-terrain vehicle market.
Table of Contents
1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 MARKET DEFINITION 37
1.2.1 DEFINITION, BY DRIVE TYPE 37
1.2.2 DEFINITION, BY TYPE 38
1.3 INCLUSIONS AND EXCLUSIONS 38
1.4 MARKET SCOPE 39
1.4.1 REGIONS CONSIDERED 39
1.4.2 YEARS CONSIDERED 40
1.5 CURRENCY CONSIDERED 40
1.6 STAKEHOLDERS 41
1.7 SUMMARY OF CHANGES 41
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
2.1.1 SECONDARY DATA 43
- 2.1.1.1 List of key secondary sources to estimate base numbers 44
- 2.1.1.2 Key data from secondary sources 45
2.1.2 PRIMARY DATA 45
- 2.1.2.1 Sampling techniques and data collection methods 46
2.2 MARKET SIZE ESTIMATION 47
2.2.1 BOTTOM-UP APPROACH: ALL-TERRAIN VEHICLE MARKET 48
2.2.2 TOP-DOWN APPROACH: ALL-TERRAIN VEHICLE MARKET 49
2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 50
2.4 FACTORS IMPACTING ALL-TERRAIN VEHICLE MARKET 51
2.5 RECESSION IMPACT ON ALL-TERRAIN VEHICLE MARKET 51
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION 52
2.7 RECESSION IMPACT 53
2.7.1 INTRODUCTION 53
2.7.2 REGIONAL MACROECONOMIC OVERVIEW 53
2.7.3 ANALYSIS OF KEY ECONOMIC INDICATORS 53
2.7.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION 54
- 2.7.4.1 Europe 54
- 2.7.4.2 Asia Oceania 55
- 2.7.4.3 Americas 55
2.7.5 ECONOMIC OUTLOOK/PROJECTIONS 56
2.8 ASSUMPTIONS AND ASSOCIATED RISKS 57
2.8.1 RESEARCH ASSUMPTIONS 57
2.8.2 MARKET ASSUMPTIONS 58
2.9 RESEARCH LIMITATIONS 59
3 EXECUTIVE SUMMARY 60
3.1 REPORT SUMMARY 60
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ALL-TERRAIN VEHICLE MARKET 63
4.2 ALL-TERRAIN VEHICLE MARKET, BY TYPE 64
4.3 ALL-TERRAIN VEHICLE MARKET, BY APPLICATION 64
4.4 ALL-TERRAIN VEHICLE MARKET, BY DRIVE TYPE 65
4.5 ALL-TERRAIN VEHICLE MARKET, BY FUEL TYPE 65
4.6 ALL-TERRAIN VEHICLE MARKET, BY ENGINE CAPACITY 66
4.7 ALL-TERRAIN VEHICLE MARKET, BY NUMBER OF WHEELS 66
4.8 ALL-TERRAIN VEHICLE MARKET, BY SEATING CAPACITY 67
4.9 SIDE-BY-SIDE MARKET, BY REGION 67
4.10 ALL-TERRAIN VEHICLE MARKET, BY REGION 68
5 MARKET OVERVIEW 69
5.1 INTRODUCTION 69
5.2 MARKET DYNAMICS 70
5.2.1 DRIVERS 70
- 5.2.1.1 Increasing off-road recreational activities 70
- 5.2.1.2 Increasing demand for ATVs in agriculture and military & defense 71
- 5.2.1.3 Rising purchasing power and spending capacity of individuals 72
5.2.2 RESTRAINTS 73
- 5.2.2.1 High accident rates 73
- 5.2.2.2 Restriction on ATV usage in wildlife zones 74
5.2.3 OPPORTUNITIES 74
- 5.2.3.1 Increased use of technology in ATVs 74
- 5.2.3.2 Positive outlook toward electric ATVs 75
5.2.4 CHALLENGES 75
- 5.2.4.1 Trade barriers between different regions 75
- 5.2.4.2 High cost of ATVs 76
5.3 TRENDS/DISRUPTIONS IMPACTING BUYERS 77
5.4 ALL-TERRAIN VEHICLE MARKET ECOSYSTEM 78
5.4.1 ALL-TERRAIN VEHICLE MANUFACTURERS 78
5.4.2 RAW MATERIAL/COMPONENT SUPPLIERS 78
5.4.3 GOVERNMENT AND REGULATORY AUTHORITIES 79
5.4.4 DEALERS AND DISTRIBUTORS 79
5.4.5 SERVICE AND REPAIR CENTERS 79
5.4.6 END USERS 79
5.5 SUPPLY CHAIN ANALYSIS 80
5.6 PRICING ANALYSIS 82
5.6.1 ALL-TERRAIN VEHICLE AVERAGE REGIONAL PRICE TREND, 2020 VS. 2022 82
5.6.2 ALL-TERRAIN VEHICLE AVERAGE PRICE TREND, BY TYPE, 2020 VS. 2022 82
5.6.3 TOP OEMS AND THEIR KEY MODELS PRICE RANGE, 2022 82
5.7 CASE STUDY ANALYSIS 83
5.7.1 USE CASE 1: JOHN DEERE AND APPLIED MARKETING SCIENCE CASE STUDY 83
5.7.2 USE CASE 2: POLARIS INC. AND COMTECH CASE STUDY 83
5.7.3 USE CASE 3: KAWASAKI ARC WELDING SOLUTIONS FOR ALL-TERRAIN VEHICLES 84
5.8 TRADE ANALYSIS 85
5.8.1 IMPORT DATA 85
- 5.8.1.1 US 85
- 5.8.1.2 Mexico 85
- 5.8.1.3 China 85
- 5.8.1.4 Japan 86
- 5.8.1.5 India 86
- 5.8.1.6 Germany 86
- 5.8.1.7 France 87
- 5.8.1.8 Spain 87
5.8.2 EXPORT DATA 88
- 5.8.2.1 US 88
- 5.8.2.2 China 88
- 5.8.2.3 Japan 89
- 5.8.2.4 India 89
- 5.8.2.5 Germany 90
- 5.8.2.6 France 90
- 5.8.2.7 Spain 91
5.9 KEY CONFERENCES AND EVENTS IN 2023-2024 91
5.9.1 ALL-TERRAIN VEHICLE MARKET: UPCOMING CONFERENCES AND EVENTS 91
5.10 PATENT ANALYSIS 92
5.10.1 APPLICATIONS AND PATENTS, 2019-2022 92
5.11 BUYING CRITERIA 95
5.12 REGULATORY LANDSCAPE 96
5.12.1 US: ALL-TERRAIN VEHICLE REGULATIONS 96
5.12.2 CANADA: ALL-TERRAIN VEHICLE REGULATIONS 99
5.12.3 AUSTRALIA: ALL-TERRAIN VEHICLE REGULATIONS 99
5.12.4 EUROPE: ALL-TERRAIN VEHICLE REGULATIONS 100
5.12.5 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 101
5.13 TECHNOLOGY TRENDS 102
5.13.1 HONDA TESTS PROTOTYPE AUTONOMOUS WORK VEHICLE AT SOLAR CONSTRUCTION SITE WITH BLACK & VEATCH 102
5.13.2 ADVANCEMENTS IN BATTERY PACKS AND DEVELOPMENT OF WIRELESS AND AUTOMATED CHARGING FOR ELECTRIC ALL-TERRAIN VEHICLES 103
6 ALL-TERRAIN VEHICLE MARKET, BY DRIVE TYPE 104
6.1 INTRODUCTION 105
6.1.1 INDUSTRY INSIGHTS 105
6.2 2WD 107
6.2.1 TECHNICAL CHALLENGES AND GROWING POPULARITY OF 4WD TO IMPACT 2WD MARKET 107
6.3 4WD 108
6.3.1 TECHNICAL ADVANTAGES LIKE BETTER TRACTION AND ABILITY TO SWITCH TO 2WD TO DRIVE 4WD MARKET 108
6.4 AWD 110
6.4.1 GROWING TREND OF ELECTRIFICATION IN ATVS TO DRIVE AWD ATV MARKET 110
7 ALL-TERRAIN VEHICLE MARKET, BY FUEL TYPE 112
7.1 INTRODUCTION 113
7.1.1 INDUSTRY INSIGHTS 113
7.2 ELECTRIC 114
7.2.1 DEVELOPMENTS IN BATTERY TECHNOLOGY AND LAUNCH OF VARIOUS MODELS FOR DIFFERENT APPLICATIONS TO DRIVE DEMAND 114
7.3 GASOLINE 116
7.3.1 HIGHER POWER, EFFICIENCY, AND WIDER APPLICATION AREA TO BOOST DEMAND 116
8 ALL-TERRAIN VEHICLE MARKET, BY APPLICATION 118
8.1 INTRODUCTION 119
8.1.1 INDUSTRY INSIGHTS 119
8.2 SPORTS 122
8.2.1 POPULARITY OF SPORTS EVENTS AND CHAMPIONSHIPS TO DRIVE DEMAND 122
8.3 ENTERTAINMENT 124
8.3.1 GROWING NUMBER OF LEISURE ENTHUSIASTS TO DRIVE DEMAND 124
8.4 AGRICULTURE 125
8.4.1 GROWING FARM MECHANIZATION TO DRIVE DEMAND 125
8.5 MILITARY & DEFENSE 127
8.5.1 GROWING R&D AND INVESTMENTS TO DEVELOP ATVS THAT CAN OPERATE IN EXTREME CONDITIONS TO DRIVE DEMAND 127
8.6 OTHERS 129
9 ALL-TERRAIN VEHICLE MARKET, BY ENGINE CAPACITY 131
9.1 INTRODUCTION 132
9.1.1 INDUSTRY INSIGHTS 132
9.2 <400 CC 134
9.2.1 RISING DEMAND FOR ATVS WITH <400 CC ENGINE CAPACITY IN SPORTS AND OFF-ROAD ACTIVITIES TO DRIVE MARKET 134
9.3 400-800 CC 135
9.3.1 HIGH DELIVERING POWER AND BETTER FUEL EFFICIENCY TO DRIVE SEGMENT 135
9.4 >800 CC 137
9.4.1 ATVS WITH >800 CC ENGINE CAPACITY TO OFFER EXTREME POWER AND TORQUE REQUIREMENTS 137
10 ALL-TERRAIN VEHICLE MARKET, BY SEATING CAPACITY 139
10.1 INTRODUCTION 140
10.1.1 INDUSTRY INSIGHTS 140
10.2 ONE-SEATER 142
10.2.1 LOWER COST TO DRIVE DEMAND FOR ONE-SEATER ATVS 142
10.3 ≥TWO-SEATER 143
10.3.1 REDUCED MAINTENANCE AND INCREASED SAFETY TO DRIVE DEMAND FOR ≥TWO-SEATER ATVS 143
11 ALL-TERRAIN VEHICLE MARKET, BY TYPE 145
11.1 INTRODUCTION 146
11.1.1 INDUSTRY INSIGHTS 146
11.2 UTILITY 148
11.2.1 INCREASING APPLICATION IN FARMS AND AGRICULTURAL PRACTICES TO DRIVE UTILITY SEGMENT 148
11.3 SPORT 150
11.3.1 ASIA OCEANIA TO BE FASTEST-GROWING MARKET FOR SPORT ATVS 150
12 ALL-TERRAIN VEHICLE MARKET, BY NUMBER OF WHEELS 152
12.1 INTRODUCTION 153
12.1.1 INDUSTRY INSIGHTS 153
12.2 FOUR WHEELS 155
12.2.1 INCREASED SPORTS AND RECREATIONAL ACTIVITIES TO DRIVE DEMAND 155
12.3 >FOUR WHEELS 156
12.3.1 GROWING DEMAND FOR UTILITY ATVS IN AGRICULTURE, CONSTRUCTION, AND MINING TO DRIVE SEGMENT 156
13 SIDE-BY-SIDE VEHICLE MARKET, BY REGION 158
13.1 INTRODUCTION 159
13.1.1 INDUSTRY INSIGHTS 159
14 ALL-TERRAIN VEHICLE MARKET, BY REGION 162
14.1 INTRODUCTION 163
14.1.1 INDUSTRY INSIGHTS 163
14.2 ASIA OCEANIA 166
14.2.1 RECESSION IMPACT 166
14.2.2 CHINA 169
- 14.2.2.1 Large-scale domestic manufacturing of ATVs and increased adoption in farming to drive market 169
14.2.3 AUSTRALIA 171
- 14.2.3.1 Introduction of safety regulations like installation of rollover protection devices to drive market 171
14.2.4 NEW ZEALAND 173
- 14.2.4.1 Increasing popularity of sports events and championships to drive sport ATV segment 173
14.2.5 JAPAN 174
- 14.2.5.1 Growing demand for ATVs in sports events and championships to drive market 174
14.2.6 INDIA 176
- 14.2.6.1 Introduction of new models for agriculture applications to drive market 176
14.3 EUROPE 177
14.3.1 RECESSION IMPACT 178
14.3.2 GERMANY 180
- 14.3.2.1 Growing penetration of ATVs in military and defense to drive market 180
14.3.3 FRANCE 181
- 14.3.3.1 Increasing adoption of ATVs in construction and farming activities to drive market 181
14.3.4 RUSSIA 183
- 14.3.4.1 Rising demand for ATVs in defense and agriculture to drive market 183
14.3.5 UK 185
- 14.3.5.1 Development of quad bikes for military purposes to drive market 185
14.3.6 SPAIN 186
- 14.3.6.1 Growing demand for agriculture applications to drive market 186
14.3.7 SWEDEN 187
- 14.3.7.1 Decline in demand due to Russia-Ukraine war 187
14.3.8 REST OF EUROPE 189
14.4 NORTH AMERICA 190
14.4.1 RECESSION IMPACT 190
14.4.2 US 193
- 14.4.2.1 High preference for recreational activities and growing usage of ATVs in military applications to drive market 193
14.4.3 CANADA 194
- 14.4.3.1 Growing popularity of off-road racing events and government efforts to legalize ATVs in some provinces to drive market 194
14.4.4 MEXICO 196
- 14.4.4.1 Presence of well-established OEMs and growing off-roading industry to drive market 196
14.5 REST OF THE WORLD 198
14.5.1 RECESSION IMPACT 198
14.5.2 BRAZIL 200
- 14.5.2.1 Increasing penetration of ATVs in government forest departments and availability of several models to drive market 200
14.5.3 UAE 202
- 14.5.3.1 Growing tourism sector to drive demand for sport ATVs 202
14.5.4 SOUTH AFRICA 203
- 14.5.4.1 Increasing demand for utility ATVs to access difficult terrains 203
14.5.5 SAUDI ARABIA 205
- 14.5.5.1 Growing popularity of desert racing and sports events to drive market 205
15 RECOMMENDATIONS BY MARKETSANDMARKETS 207
15.1 ASIA OCEANIA TO BE ATTRACTIVE MARKET FOR ALL-TERRAIN VEHICLES 207
15.2 >800 CC ATVS AND SIDE-BY-SIDE VEHICLES TO CREATE NEW REVENUE POCKETS IN FUTURE 207
15.3 ELECTRIC ATVS TO OFFER ATTRACTIVE OPPORTUNITIES TO MANUFACTURERS 208
15.4 CONCLUSION 208
16 COMPETITIVE LANDSCAPE 209
16.1 OVERVIEW 209
16.2 MARKET SHARE ANALYSIS, 2022 209
16.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 210
16.4 COMPANY EVALUATION MATRIX: ALL-TERRAIN VEHICLE MANUFACTURERS 212
16.4.1 TERMINOLOGY 212
16.4.2 STARS 212
16.4.3 EMERGING LEADERS 212
16.4.4 PERVASIVE PLAYERS 212
16.4.5 PARTICIPANTS 212
16.5 COMPETITIVE EVALUATION QUADRANT: SIDE-BY-SIDE VEHICLE MANUFACTURERS 217
16.5.1 STARS 217
16.5.2 EMERGING LEADERS 217
16.5.3 PERVASIVE PLAYERS 217
16.5.4 PARTICIPANTS 217
16.6 COMPETITIVE SCENARIO 219
16.6.1 PRODUCT LAUNCHES 219
16.6.2 DEALS 228
16.6.3 OTHERS 229
16.7 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN, 2018-2022 230
16.8 COMPETITIVE BENCHMARKING 231
16.8.1 ALL-TERRAIN VEHICLE KEY PLAYERS AND THEIR PRODUCT RANGE 231
17 COMPANY PROFILES 233
17.1 KEY PLAYERS 233
17.1.1 POLARIS INC 233
17.1.2 TEXTRON INC 241
17.1.3 HONDA MOTOR CO., LTD 246
17.1.4 KAWASAKI HEAVY INDUSTRIES LTD 252
17.1.5 YAMAHA MOTOR CORPORATION 257
17.1.6 SUZUKI MOTOR CORPORATION 263
17.1.7 JOHN DEERE 266
17.1.8 BRP 270
17.1.9 CFMOTO 274
17.1.10 HISUN MOTORS CORPORATION 277
17.2 OTHER PLAYERS 279
17.2.1 BENNCHE, LLC 279
17.2.2 VELOMOTORS 280
17.2.3 ECO CHARGER 280
17.2.4 BALTMOTORS 281
17.2.5 CECTEK 281
17.2.6 NEBULA AUTOMOTIVE PRIVATE LIMITED 282
17.2.7 TAIWAN GOLDEN BEE (TGB) 283
17.2.8 KYMCO 284
17.2.9 LINHAI 285
17.2.10 AMERICAN LANDMASTER 285
18 APPENDIX 286
18.1 INSIGHTS FROM INDUSTRY EXPERTS 286
18.2 DISCUSSION GUIDE 287
18.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 290
18.4 CUSTOMIZATION OPTIONS 292
18.4.1 SIDE-BY-SIDE VEHICLE MARKET, BY APPLICATION 292
- 18.4.1.1 Sports 292
- 18.4.1.2 Entertainment 292
- 18.4.1.3 Agriculture 292
- 18.4.1.4 Military & Defense 292
- 18.4.1.5 Others (Hunting & Forestry) 292
18.4.2 SIDE-BY-SIDE VEHICLE MARKET, BY FUEL TYPE 292
- 18.4.2.1 Gasoline 292
- 18.4.2.2 Diesel 292
- 18.4.2.3 Electric 292
18.5 RELATED REPORTS 293
18.6 AUTHOR DETAILS 294