DUBLIN--(BUSINESS WIRE)--The "Off-road High-performance Vehicle - Global Market Outlook (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
Off road vehicles can be driven on and off gravel or paved surfaces. These vehicles are categorized by the existence of open treads, large tires and stretchy suspension.
Growing number of aftermarket conversion shops and rising attractiveness of off road racing and rallies are some predominant drivers in the market. However, some few pivotal factors hindering the growth of this market include environmental concerns and increasing number of stringent emission regulations.
Owing to the popularity of the entry-level and mid-sized SUVs that are increasing the demand for SUVs in the American and European market, the OEM segment is expected to dominate this market during the forecast period.
In terms of geography, the Americas will account for about 51% shares of the off-road high-performance vehicle market by 2020 and will also dominate this industry throughout the forecast period. The region's high growth will be mainly attributed to the high popularity of off-road racing events and aftermarket off-road conversions of vehicles, especially SUVs and trucks.
Scope of the Report
End Users Covered:
- Original Equipment Manufacturers (OEM)
- Aftermarket
Vehicle Types Covered
- Sport Utility Vehicles
- Two Wheelers
- Four wheelers
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
Companies Mentioned
- Wildcat Automotive
- AEV Conversions
- Zone Offroad
- Icon Vehicle Dynamics
- 4 Wheel Parts
- Extreme Offroad & Performance
- Stylin Trucks
- Summit Racing Equipment
For more information about this report visit https://www.researchandmarkets.com/research/2rpltw/offroad?w=4
