The Global Off-Road Vehicles Market Report is highly intended to offer robust acumen considering Off-Road Vehicles industry to aid a market contender with insightful analysis for Off-Road Vehicles market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
The global off-road vehicles market offers healthy growth opportunities in the entire ecosystem and its size is projected to reach an estimated value of US$ 12.2 billion in 2025. Recovery of the global economy and increasing disposable income, growing recreational and touring activities, an advancement in the ORV technology, and increasing usage of ORVs in the agriculture and military operations are the major factors proliferating the demand for ORVs globally. The USA is the largest ORVs market due to its large stretches of natural terrain, unpaved roads, and large ranches and farms across the country.
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Market Key Players: Polaris, Honda, Yamaha, Arctic Cat, Kawasaki, Can-AM.
Segmentation: Global Off-Road Vehicles Market
Segment by Type
Side By Side
Segment by Application
Based on the regions, North America is expected to remain the largest market for ORVs over the next five years. The USA is the growth engine of the North American as well as global ORVs market. The country alone accounted for more than 60% of the global ORVs sales in 2018. Europe, another major region, is likely to grow at a healthy rate over the next five years, propelled by Germany and France. Asia-Pacific is a relatively very small market but is likely to witness the highest growth during the forecast period, driven by an increased demand for power sports in many countries including China, Australia, and India.
This report, from Stratview Research, studies the global off-road vehicles (ORVs) market over the trend period 2013 to 2018 and forecast period of 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities.
Strategic growth opportunities for the existing and new players.
Key success factors.
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