UTV and ATV Market Analysis by Players: Polaris Industries, Suzuki Motor Corporation, John Deere, Kawasaki Motors Corporation, Honda Motors, Yamaha Motor, Arctic Cat, Taiwan Golden Bee, and CFmoto
According to a new report published by Reports Monitor titled, “Global UTV and ATV Vehicle Market Study, Opportunities and Forecast, 2017-2025,” the UTV and ATV market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
All-terrain vehicle (ATV) is a quadricycle which runs on low pressure tires with uplifted seat for the operator and controlled by the handles, while utility task vehicle (UTV) is designed to carry out the specific task especially in defense and agriculture.
The Global UTV and ATV Market Professional Survey Report scrutinize the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts.
Technical up-gradation in the vehicular transmission system to enhance the performance of the vehicle with lower cost is expected to drive the UTV and ATV market. Similarly increased interest in the sports and recreational activities has also contributed in propelling the market growth.
The regional analysis of electronic skin market includes: North America, Europe, Asia-Pacific and Latin America. Among the above regions, North America and Europe is anticipated to dominate the market owing to the increased adoption in agricultural, sports and other sectors while Asia Pacific is expected to emerge as fastest growing player mainly due to the expansion in the automotive and manufacturing sector.
The major companies profiled in the report include Polaris Industries, Suzuki Motor Corporation, John Deere, Kawasaki Motors Corporation, Honda Motors, Yamaha Motor, Arctic Cat, Taiwan Golden Bee, and CFmoto.
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