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Report
Europe Atv And Utv Market Forecast 2023-2032
Market Report I 2023-01-09 I 143 Pages I Inkwood Research
KEY FINDINGS
The Europe ATV and UTV market is expected to surge with a 5.35% CAGR by the end of the forecast period, 2023-2032. Launch of improved new products with better quality and performance drives the market growth.
MARKET INSIGHTS
The Europe ATV and UTV market growth analysis includes the assessment of Italy, Poland, Germany, United Kingdom, France, Spain, and Rest of Europe. Spain's government has invested heavily in agriculture and forestry machinery, which is advanced in technology and productivity. Further, the increasing demand for food has necessitated better technology in farm machinery used for agricultural operations. Moreover, the greatest advantage of ATVs and UTVs is their ability to quickly and easily transport supplies.
In contrast, Quad-bike, also known as ATV, has become available in Italy over recent years. However, a passion for the sport across the country has grown rapidly. In this regard, ATV excursion provides lucrative opportunities for the market's growth. For example, Italy uses ATV and UTV vehicles for the majority of its sites since the route gradually changes from country road to off-road down a slope and towards a valley.
Furthermore, Poland plans to strengthen and reorganize its armed forces, with the domestic defense industry competing with other reforms financed through the state budget. As ATVs have core applications in defense, these developments are expected to fuel market growth in the country during the forecast period.
COMPETITIVE INSIGHTS
Some of the leading companies operating in the market include Kawasaki CFMOTO, Heavy Industries Ltd, Honda Motor Company Ltd, Yamaha Motors Co Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
2.5.1. GROWING DEFENSE ACTIVITIES AND EXPENSES TO AID IN MARKET GROWTH
2.5.2. GREAT VARIETY OF VEHICLES
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. GROWING POPULARITY OF ADVENTURE SPORTS
3.1.2. INCREASING USAGE OF ATVS AND UTVS IN MILITARY
3.2. KEY RESTRAINTS
3.2.1. BAN ON DRIVING IN WILDLIFE AREAS
3.2.2. HIGH MAINTENANCE COSTS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. KEY BUYING CRITERIA
5. MARKET BY VEHICLE TYPE
5.1. ATV
5.1.1. MARKET FORECAST REVENUE & FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. UTV
5.2.1. MARKET FORECAST REVENUE & FIGURE
5.2.2. SEGMENT ANALYSIS
6. MARKET BY FUEL TYPE
6.1. GASOLINE-POWERED
6.1.1. MARKET FORECAST REVENUE & FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. DIESEL-POWERED
6.2.1. MARKET FORECAST REVENUE & FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. ELECTRIC-POWERED
6.3.1. MARKET FORECAST REVENUE & FIGURE
6.3.2. SEGMENT ANALYSIS
6.4. SOLAR-POWERED
6.4.1. MARKET FORECAST REVENUE & FIGURE
6.4.2. SEGMENT ANALYSIS
7. MARKET BY DISPLACEMENT
7.1. ?400 (CC)
7.1.1. MARKET FORECAST REVENUE & FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. 400-800 (CC)
7.2.1. MARKET FORECAST REVENUE & FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. ?800 (CC)
7.3.1. MARKET FORECAST REVENUE & FIGURE
7.3.2. SEGMENT ANALYSIS
8. MARKET BY END-USER
8.1. RECREATIONAL
8.1.1. MARKET FORECAST REVENUE & FIGURE
8.1.2. SEGMENT ANALYSIS
8.2. SPORTS
8.2.1. MARKET FORECAST REVENUE & FIGURE
8.2.2. SEGMENT ANALYSIS
8.3. AGRICULTURE & UTILITY
8.3.1. MARKET FORECAST REVENUE & FIGURE
8.3.2. SEGMENT ANALYSIS
8.4. MILITARY & DEFENSE
8.4.1. MARKET FORECAST REVENUE & FIGURE
8.4.2. SEGMENT ANALYSIS
8.5. OTHER END-USERS
8.5.1. MARKET FORECAST REVENUE & FIGURE
8.5.2. SEGMENT ANALYSIS
9. GEOGRAPHICAL ANALYSIS
9.1. EUROPE
9.1.1. MARKET SIZE & ESTIMATES
9.1.2. EUROPE ATV AND UTV MARKET DRIVERS
9.1.3. EUROPE ATV AND UTV MARKET CHALLENGES
9.1.4. KEY PLAYERS
9.1.5. COUNTRY ANALYSIS
9.1.5.1. UNITED KINGDOM
9.1.5.1.1. UNITED KINGDOM ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.2. GERMANY
9.1.5.2.1. GERMANY ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.3. FRANCE
9.1.5.3.1. FRANCE ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.4. SPAIN
9.1.5.4.1. SPAIN ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.5. ITALY
9.1.5.5.1. ITALY ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.6. POLAND
9.1.5.6.1. POLAND ATV AND UTV MARKET SIZE & OPPORTUNITIES
9.1.5.7. REST OF EUROPE
9.1.5.7.1. REST OF EUROPE ATV AND UTV MARKET SIZE & OPPORTUNITIES
10. COMPETITIVE LANDSCAPE
10.1. KEY STRATEGIC DEVELOPMENTS
10.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
10.1.2. PARTNERSHIPS & AGREEMENTS
10.1.3. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
10.2.1. BRP INC
10.2.1.1. COMPANY OVERVIEW
10.2.1.2. PRODUCT LIST
10.2.1.3. FINANCIAL ANALYSIS
10.2.1.4. STRENGTHS & CHALLENGES
10.2.2. CFMOTO
10.2.2.1. COMPANY OVERVIEW
10.2.2.2. PRODUCT LIST
10.2.2.3. FINANCIAL ANALYSIS
10.2.2.4. STRENGTH & CHALLENGES
10.2.3. DEERE & COMPANY
10.2.3.1. COMPANY OVERVIEW
10.2.3.2. PRODUCT LIST
10.2.3.3. FINANCIAL ANALYSIS
10.2.3.4. STRENGTHS & CHALLENGES
10.2.4. HISUN MOTORS CORPORATION
10.2.4.1. COMPANY OVERVIEW
10.2.4.2. PRODUCT LIST
10.2.4.3. STRENGTHS & CHALLENGES
10.2.5. HONDA MOTOR COMPANY LTD
10.2.5.1. COMPANY OVERVIEW
10.2.5.2. PRODUCT LIST
10.2.5.3. FINANCIAL ANALYSIS
10.2.5.4. STRENGTHS & CHALLENGES
10.2.6. KAWASAKI HEAVY INDUSTRIES LTD
10.2.6.1. COMPANY OVERVIEW
10.2.6.2. PRODUCT LIST
10.2.6.3. FINANCIAL ANALYSIS
10.2.6.4. STRENGTHS & CHALLENGES
10.2.7. KUBOTA CORPORATION
10.2.7.1. COMPANY OVERVIEW
10.2.7.2. PRODUCT LIST
10.2.7.3. FINANCIAL ANALYSIS
10.2.7.4. STRENGTHS & CHALLENGES
10.2.8. KWANG YANG MOTOR CO LTD
10.2.8.1. COMPANY OVERVIEW
10.2.8.2. PRODUCT LIST
10.2.8.3. STRENGTHS & CHALLENGES
10.2.9. POLARIS INC
10.2.9.1. COMPANY OVERVIEW
10.2.9.2. PRODUCT LIST
10.2.9.3. FINANCIAL ANALYSIS
10.2.9.4. STRENGTH & CHALLENGES
10.2.10. SUZUKI MOTORS CORPORATION
10.2.10.1. COMPANY OVERVIEW
10.2.10.2. PRODUCT LIST
10.2.10.3. FINANCIAL ANALYSIS
10.2.10.4. STRENGTH & CHALLENGES
10.2.11. TEXTRON INC (ARTIC CAT)
10.2.11.1. COMPANY OVERVIEW
10.2.11.2. PRODUCT LIST
10.2.11.3. FINANCIAL ANALYSIS
10.2.11.4. STRENGTHS & CHALLENGES
10.2.12. YAMAHA MOTOR CO LTD
10.2.12.1. COMPANY OVERVIEW
10.2.12.2. PRODUCT LIST
10.2.12.3. FINANCIAL ANALYSIS
10.2.12.4. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - ATV AND UTV
TABLE 2: EUROPE ATV AND UTV MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: EUROPE ATV AND UTV MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: EUROPE ATV AND UTV MARKET, BY FUEL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: EUROPE ATV AND UTV MARKET, BY FUEL TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: EUROPE ATV AND UTV MARKET, BY DISPLACEMENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: EUROPE ATV AND UTV MARKET, BY DISPLACEMENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: EUROPE ATV AND UTV MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: EUROPE ATV AND UTV MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: EUROPE ATV AND UTV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: EUROPE ATV AND UTV MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: KEY PLAYERS OPERATING IN EUROPE ATV AND UTV MARKET
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: EUROPE ATV AND UTV MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2022
FIGURE 8: EUROPE ATV AND UTV MARKET, BY ATV, 2023-2032 (IN $ MILLION)
FIGURE 9: EUROPE ATV AND UTV MARKET, BY UTV, 2023-2032 (IN $ MILLION)
FIGURE 10: EUROPE ATV AND UTV MARKET, GROWTH POTENTIAL, BY FUEL TYPE, IN 2022
FIGURE 11: EUROPE ATV AND UTV MARKET, BY GASOLINE-POWERED, 2023-2032 (IN $ MILLION)
FIGURE 12: EUROPE ATV AND UTV MARKET, BY DIESEL-POWERED, 2023-2032 (IN $ MILLION)
FIGURE 13: EUROPE ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2023-2032 (IN $ MILLION)
FIGURE 14: EUROPE ATV AND UTV MARKET, BY SOLAR-POWERED, 2023-2032 (IN $ MILLION)
FIGURE 15: EUROPE ATV AND UTV MARKET, GROWTH POTENTIAL, BY DISPLACEMENT, IN 2022
FIGURE 16: EUROPE ATV AND UTV MARKET, BY ?400 (CC), 2023-2032 (IN $ MILLION)
FIGURE 17: EUROPE ATV AND UTV MARKET, BY 400-800 (CC), 2023-2032 (IN $ MILLION)
FIGURE 18: EUROPE ATV AND UTV MARKET, BY ?800 (CC), 2023-2032 (IN $ MILLION)
FIGURE 19: EUROPE ATV AND UTV MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 20: EUROPE ATV AND UTV MARKET, BY RECREATIONAL, 2023-2032 (IN $ MILLION)
FIGURE 21: EUROPE ATV AND UTV MARKET, BY SPORTS, 2023-2032 (IN $ MILLION)
FIGURE 22: EUROPE ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2023-2032 (IN $ MILLION)
FIGURE 23: EUROPE ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2023-2032 (IN $ MILLION)
FIGURE 24: EUROPE ATV AND UTV MARKET, BY OTHER END-USERS, 2023-2032 (IN $ MILLION)
FIGURE 25: EUROPE ATV AND UTV MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 26: UNITED KINGDOM ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 27: GERMANY ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 28: FRANCE ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 29: SPAIN ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 30: ITALY ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 31: POLAND ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 32: REST OF EUROPE ATV AND UTV MARKET, 2023-2032 (IN $ MILLION)
FIGURE 33: BRP INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 34: BRP INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 35: BRP INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 36: BRP INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
FIGURE 37: CFMOTO, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 38: CFMOTO, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 39: DEERE & COMPANY, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 40: DEERE & COMPANY, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 41: DEERE & COMPANY, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 42: DEERE & COMPANY - COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
FIGURE 43: HONDA MOTOR CO LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 44: HONDA MOTOR CO LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 45: HONDA MOTOR CO LTD, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 46: HONDA MOTOR CO LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
FIGURE 47: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 48: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 49: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, BY SEGMENT, IN 2020 (IN %)
FIGURE 50: KAWASAKI HEAVY INDUSTRIES LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)
FIGURE 51: KUBOTA CORPORATION, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 52: KUBOTA CORPORATION, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 53: KUBOTA CORPORATION, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 54: KUBOTA CORPORATION, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)
FIGURE 55: POLARIS INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 56: POLARIS INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 57: POLARIS INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 58: POLARIS INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
FIGURE 59: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 60: SUZUKI MOTORS CORPORATION, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 61: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, BY SEGMENT, IN 2020 (IN %)
FIGURE 62: SUZUKI MOTORS CORPORATION, COMPANY REVENUE, BY GEOGRAPHY, IN 2020 (IN %)
FIGURE 63: TEXTRON INC, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 64: TEXTRON INC, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 65: TEXTRON INC, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 66: TEXTRON INC, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
FIGURE 67: YAMAHA MOTOR CO LTD, COMPANY REVENUE, IN 2018-2021 (IN $ MILLION)
FIGURE 68: YAMAHA MOTOR CO LTD, COMPANY PROFIT, IN 2018-2021 (IN $ MILLION)
FIGURE 69: YAMAHA MOTOR CO LTD, COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE 70: YAMAHA MOTOR CO LTD, COMPANY REVENUE, BY GEOGRAPHY, IN 2021 (IN %)
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