Automotive Buzz - Utility Terrain Vehicles Market Size to Reach $9.98 Billion by 2026

Utility Terrain Vehicles Market Size to Reach $9.98 Billion by 2026

Newsdesk 7/8 16:31

According to VRR's, the Global Utility Terrain Vehicles Market is accounted for $5.32 billion in 2017 and is expected to reach $9.98 billion by 2026 growing at a CAGR of 7.2% during the forecast period. Increasing importance of enhanced mobility vehicles in construction and agricultural activities, Rapid urbanization in emerging nations and rising youth indulgence in recreational activities such as hunting, and fishing are some of the factors driving the market growth. However, high cost of these vehicles is restraining the market growth.

A utility terrain vehicle (UTV) is a vehicle designed to complete tasks in a more efficient manner than a general-purpose vehicle. It is also known as a side-by-side, four-wheel drive off-road vehicle, with a capacity of two to six person. Recreational off-highway (ROV) or multi-purpose off-highway utility vehicles (MOHUV) are other terms used for this vehicle.

Depending on application, Sport Utility Terrain Vehicles (UTV) segment has witnessed the considerable growth during the forecast period due to rising racing and trailing adventure events. In addition, increasing demand for higher efficiency and ORVs present greater performance is fueling the segment growth.

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Based on geography, Asia Pacific holds the largest market share during the forecast period owing to rapid infrastructure development, increasing urban population and proliferating agriculture and construction industry are some of the factors driving the market growth in this region.

Some of the key players profiled in the Utility Terrain Vehicles Market include Arctic Cat, KTM AG, Caterpillar, Massimo Motor, Suzuki Motor Corporation, Yamaha Motor Corporation, Polaris Industries, Honda Motors, John Deere, Tomcar, Kubota, Husqvarna AB and Kwang Yang Motor Co, Ltd.

Displacements Covered:
? More than 800 cc
? 400 - 800 cc
? Less Than 400 cc

Applications Covered:
? Sport Utility Terrain Vehicles (UTV)
? Work Utility Terrain Vehicles (UTV)
? Recreation
? Military
? Other Applications

Regions Covered:
? North America
o US
o Canada
o Mexico
? Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
? Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
? South America
o Argentina
o Brazil
o Chile
o Rest of South America
? Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
? Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
? Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
? Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Utility Terrain Vehicles Market, By Displacement
5.1 Introduction
5.2 More than 800 cc
5.3 400 - 800 cc
5.4 Less Than 400 cc

6 Global Utility Terrain Vehicles Market, By Application
6.1 Introduction
6.2 Sport Utility Terrain Vehicles (UTV)
6.3 Work Utility Terrain Vehicles (UTV)
6.4 Recreation
6.5 Military
6.6 Other Applications

7 Global Utility Terrain Vehicles Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 Arctic Cat
9.2 KTM AG
9.3 Caterpillar
9.4 Massimo Motor
9.5 Suzuki Motor Corporation
9.6 Yamaha Motor Corporation
9.7 Polaris Industries
9.8 Honda Motors
9.9 John Deere
9.10 Tomcar
9.11 Kubota
9.12 Husqvarna AB
9.13 Kwang Yang Motor Co, Ltd

List of Tables
Table 1 Global Utility Terrain Vehicles Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 3 Global Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 4 Global Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 5 Global Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 6 Global Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 7 Global Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 8 Global Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 9 Global Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 10 Global Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 11 Global Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 12 North America Utility Terrain Vehicles Market Outlook, By Country (2016-2026) (US $MN)
Table 13 North America Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 14 North America Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 15 North America Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 16 North America Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 17 North America Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 18 North America Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 19 North America Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 20 North America Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 21 North America Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 22 North America Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 23 Europe Utility Terrain Vehicles Market Outlook, By Country (2016-2026) (US $MN)
Table 24 Europe Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 25 Europe Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 26 Europe Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 27 Europe Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 28 Europe Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 29 Europe Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 30 Europe Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 31 Europe Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 32 Europe Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 33 Europe Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 34 Asia Pacific Utility Terrain Vehicles Market Outlook, By Country (2016-2026) (US $MN)
Table 35 Asia Pacific Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 36 Asia Pacific Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 37 Asia Pacific Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 38 Asia Pacific Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 39 Asia Pacific Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 40 Asia Pacific Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 41 Asia Pacific Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 42 Asia Pacific Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 43 Asia Pacific Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 44 Asia Pacific Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 45 South America Utility Terrain Vehicles Market Outlook, By Country (2016-2026) (US $MN)
Table 46 South America Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 47 South America Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 48 South America Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 49 South America Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 50 South America Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 51 South America Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 52 South America Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 53 South America Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 54 South America Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 55 South America Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)
Table 56 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Country (2016-2026) (US $MN)
Table 57 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Displacement (2016-2026) (US $MN)
Table 58 Middle East & Africa Utility Terrain Vehicles Market Outlook, By More than 800 cc (2016-2026) (US $MN)
Table 59 Middle East & Africa Utility Terrain Vehicles Market Outlook, By 400 - 800 cc (2016-2026) (US $MN)
Table 60 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Less Than 400 cc (2016-2026) (US $MN)
Table 61 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Application (2016-2026) (US $MN)
Table 62 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Sport Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 63 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Work Utility Terrain Vehicles (UTV) (2016-2026) (US $MN)
Table 64 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Recreation (2016-2026) (US $MN)
Table 65 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Military (2016-2026) (US $MN)
Table 66 Middle East & Africa Utility Terrain Vehicles Market Outlook, By Other Applications (2016-2026) (US $MN)

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