SELBYVILLE, Del.--(BUSINESS WIRE)--Youth all-terrain vehicle market will register significant growth in the forecast timeframe. This can be credited to rising participation of youth in off-roading events. Increasing youth racing events including the GNCC Amateur Competition, along with the availability of multiple vehicle models at varied price range further accentuates the segment size.
The 400-800cc displacement segment in ATV market will account for a substantial volume share owing to increasing investments by industry players to launch advanced new models for catering to the rising demand.
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Military segment will account for a considerable revenue share in the all-terrain vehicle market due to rising adoption of such vehicles for diversified applications including assistance in tactical and combat missions. Moreover, the vehicles are also ideal for transporting armed forces and ammunitions across rough terrains.
North America holds a significant volume share in the all-terrain vehicle (ATV) market owing to presence of multiple industry participants including Arctic Cat, Polaris Industries Inc, Bombardier Recreational Products, Yamaha Motor Corporation and Kawasaki Motors. Moreover, supporting government regulations for construction of trials and parks are boosting the regional size.
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Companies profiled - Polaris Industries Inc, Bombardier Recreational Products, Arctic Cat, Honda Motor Co Ltd, CECTEK, Kawasaki Motors Corporation, CFmoto US, HiSun Motors, KYMCO, Suzuki Motor Corporation, Linhai, Taiwan Golden Bee (TGB) Co, Yamaha Motor Corporation, and John Deere.
Browse key industry insights spread across 250 pages with 423 market data tables & 10 figures & charts from the report, “All-Terrain Vehicle (ATV) Market Size By Product (Youth ATV, Adult ATV), Displacement (Below 400 cc, 400 – 800 cc, Above 800 cc), Application (Utility, Sports, Recreation, Military), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents:
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