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Utility Terrain Vehicle Market

Utility Terrain Vehicle Market Analysis By Product Type (Displacement (CC) <400, Displacement (CC) between 400-800 and Displacement (CC) >800), By Application (Sports UTV and Work UTV), By Region (North America, Europe, Asia Pacific, South America and Middle East and Africa) to 2025

  • ID : 17954036  |  
  • Published : May-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Research Cosmos

Utility Terrain Vehicle Market Size and Growth Rate:

Utility Terrain Vehicle Market was valued at USD 5 billion in 2018 and is expected to reach USD 8 billion by 2025 growing at a good CAGR during 2018 to 2025.

Utility Terrain Vehicle Market – Growth Drivers, Challenges and Opportunities:

The global utility terrain vehicle market is driven by the ability of this vehicle to operate in rough terrains, which is an important factor in the defense & military operations. In addition, its high cargo carrying capacity and quick mobility on a hard surface are essential for anti-terrorist operations and border security combats in coastal areas, further propels the market growth.

However, the high cost of these vehicles, owing to the use of advanced technological features such as display monitors and integrated communication systems, hinders the growth. Furthermore, the rise in usage of UTV by hunters and farmers and an increase in infrastructure development, in terms of construction, are expected to create growth opportunities for the manufacturers.

Growing youth indulgence in recreational activities such as hunting and fishing is driving the utility terrain vehicle market size. Customers are emphasizing on the deployment of comfortable vehicles, aiming for improving productivity and output. The product offers larger space and facilitates multiple passengers. Further, superior safety features including bucket seats and roll-cage-like enclosures will support the market growth in the next six years.

Utility Terrain Vehicle Market – Regional Analysis:

Europe holds a significant share in the utility terrain vehicle market size, owing to shifting preferences towards recreational activities including camping and forest adventures. Presence of organization such as Trans Euro Trail offering off road park facilities will positively influence the industry share over the study timeframe. Further, increasing off-road race competitions arranged by the regional organization is enhancing the product demand. The Asia Pacific will register strong growth due to the rising agricultural activities and proliferating tourism industry.

Some of the promising companies leading the Utility Terrain Vehicle Market are:

  1. Polaris Industries
  2. John Deere
  3. Kawasaki
  4. Yamaha Motor
  5. Kubota
  6. Arctic Cat
  7. Honda
  8. Bombardier Aerospace
  9. Suzuki
  10. Tomcar

This research report includes following segmentation for the Utility Terrain Vehicle Market size and forecast until 2025:

Utility Terrain Vehicle Market – By Product:

  • Displacement (CC) <400
  • Displacement (CC) between 400-800
  • Displacement (CC) >800

Utility Terrain Vehicle Market – By Application:

  • Sports UTV
  • Work UTV

Utility Terrain Vehicle Market – By Region:

  • North America                                               

    • United States                             
    • Canada 

  • Europe                                                                              

    • United Kingdom                                        
    • Germany                                     
    • France                                       
    • Italy                             
    • Spain                                         

  • Asia-Pacific                                                   

    • China                                          
    • India                                          
    • Japan                                          
    • South Korea                              

  • Latin America                                                                             

    • Brazil                                         
    • Argentina                                   
    • Mexico                                      

  • Middle-East & Africa                                                    

    • Middle-East
    • Africa

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Utility Terrain Vehicle Market Drivers                                                
    2. Utility Terrain Vehicle Market Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in the Utility Terrain Vehicle Market                                                              

  5. Utility Terrain Vehicle Market Segmentation                                                                      

    1. By Product Type

      1.  Displacement (CC) <400
      2.  Displacement (CC) between 400-800
      3.  Displacement (CC) >800
      4.  Utility Terrain Vehicle Market Estimates & Forecasts, by Function, 2018-2025       
      5.  Year on Year Growth Rates, by Type, 2018-2025       
      6.  Utility Terrain Vehicle Market Attractiveness Index, by Function, 2018-2025

    2. By Application

      1.  Sports UTV
      2.  Work UTV
      3.  Utility Terrain Vehicle Market Estimates & Forecasts, by Function, 2018-2025       
      4.  Year on Year Growth Rates, by Type, 2018-2025       
      5.  Utility Terrain Vehicle Market Attractiveness Index, by Function, 2018-2025

  6. Geographical Analysis

      1.  North America Utility Terrain Vehicle Market

        1. Introduction                             
        2. United States Utility Terrain Vehicle Market
        3. Canada Utility Terrain Vehicle Market

      2.  Europe Utility Terrain Vehicle Market

        1. Introduction
        2. United Kingdom Utility Terrain Vehicle Market                                           
        3. Germany Utility Terrain Vehicle Market                                     
        4. France Utility Terrain Vehicle Market                                          
        5. Italy Utility Terrain Vehicle Market
        6. Spain Utility Terrain Vehicle Market

      3.  Asia Pacific Utility Terrain Vehicle Market

        1. Introduction
        2. China Utility Terrain Vehicle Market
        3. India Utility Terrain Vehicle Market
        4. Japan Utility Terrain Vehicle Market
        5. South Korea Utility Terrain Vehicle Market

      4.  Latin America Utility Terrain Vehicle Market

        1. Introduction
        2. Brazil Utility Terrain Vehicle Market
        3. Argentina Utility Terrain Vehicle Market
        4. Mexico Utility Terrain Vehicle Market

      5.  Middle East and Africa Utility Terrain Vehicle Market

        1. Introduction
        2. Middle East Utility Terrain Vehicle Market
        3. Africa Utility Terrain Vehicle Market

  7. Strategic Analysis                                                              

    1. PESTLE analysis                                               

      1. Political                                        
      2. Economic                                      
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                             

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Utility Terrain Vehicle Market Leaders' Analysis                                                                  

    1. Polaris Industries

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                         
      5. Legal issues                                  
      6. Recent Developments                                 
      7. SWOT analysis                                              
      8. Analyst View                                

    2. John Deere
    3. Kawasaki
    4. Yamaha Motor
    5. Kubota
    6. Arctic Cat
    7. Honda
    8. Bombardier Aerospace
    9. Suzuki
    10. Tomcar

  9. Competitive Landscape                                                                     

    1. Utility Terrain Vehicle Market share analysis                                                     
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                            
    4. New Product Launches                                                    

  10. Expert Opinions                                                               

    1. Utility Terrain Vehicle Market Outlook                                                             
    2. Investment Opportunities                                                             

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures

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