Market by Vehicle Type, Displacement, Fuel Type, End-user, and Country | Forecast 2022-2028
Triton Market Research’s report states that the ATV and UTV market in the Asia-Pacific is likely to display a growth rate of 7.91% over the forecasting years 2022-2028.
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The countries taken into consideration in this market are:
• India
• China
• Japan
• Australia & New
Zealand
• South Korea
• ASEAN countries
• Rest of Asia-Pacific
The growing adoption of ATVs and UTVs in China for military applications
is one of the key factors supporting the studied market’s growth. As a result,
there has been a rise in the launch of new versions by prominent defense
companies. Several Chinese 8x8
ATVs have been launched, employed in the army, marines, and other units. The
all-terrain vehicle can also be used for other applications, including
supporting the movement of troops, cargo, equipment, and casualty evacuation.
Hence, these factors are estimated to widen the scope and growth of the ATV and
UTV market within China in the upcoming years.
In Japan, the prominent ATV and UTV
manufacturers have fostered the growth of the reviewed market. These
manufacturers are introducing a new line of off-road vehicles in order to
compete in the market. For instance, Honda Motor Company is anticipated to
launch two versions of sports UTV to drive sports UTV segments, which Polaris
RZR presently dominates. Therefore, such methods commenced by major companies
are expected to generate opportunities for the Japanese ATV and UTV market over
the forecast period.
Kawasaki Heavy Industries manufactures
industrial and transportation equipment. It predominantly functions through its
business segments, such as precision machinery, rolling stock, aerospace,
motorcycle, and others. Additionally, the company offers liquid gas carriers,
tunnel boring machines, ATVs, electric train cards, and jet engines.
Headquartered in Japan, Kawasaki serves clients within the industrial and
consumer sectors, operating across multiple nations.
1. ASIA-PACIFIC
ATV AND UTV MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. GROWING
USE OF ATVS ON UNEVEN ROADS
2.1.2. INCREASE
IN ATV EXPERIENCE ZONES
2.1.3. GROWING
PENETRATION OF CVTS IN ATVS
2.2. IMPACT
OF COVID-19 ON ATV AND UTV MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. GOVERNMENT
REGULATIONS
2.4.2. PRICE
2.4.3. APPLICATION
2.5. MARKET
ATTRACTIVENESS MATRIX
2.6. VENDOR
SCORECARD
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.7.3. NEW
PRODUCT LAUNCHES
2.8. MARKET
DRIVERS
2.8.1. GROWING
POPULARITY OF ADVENTURE SPORTS
2.8.2. INCREASING
ATV AND UTV USE IN MILITARY
2.8.3. GOVERNMENT
RULES SUPPORTING ATVS AND UTVS
2.9. MARKET
CHALLENGES
2.9.1. DRIVING
BAN IN WILDLIFE AREAS
2.9.2. HIGH
MAINTENANCE COST
2.10. MARKET
OPPORTUNITIES
2.10.1. PRODUCTION
OF SAFER ATVS AND UTVS
3. ASIA-PACIFIC
ATV AND UTV MARKET – BY VEHICLE TYPE
3.1. ATV
3.2. UTV
4. ASIA-PACIFIC
ATV AND UTV MARKET - BY DISPLACEMENT
4.1. ?
400 (CC)
4.2. 400-800(CC)
4.3. ?
800 (CC)
5. ASIA-PACIFIC
ATV AND UTV MARKET - BY FUEL TYPE
5.1. GASOLINE-POWERED
5.2. DIESEL-POWERED
5.3. ELECTRIC-POWERED
5.4. SOLAR-POWERED
6. ASIA-PACIFIC
ATV AND UTV MARKET - BY END-USER
6.1. RECREATIONAL
6.2. SPORTS
6.3. AGRICULTURE
& UTILITY
6.4. MILITARY
& DEFENSE
6.5. OTHER
END-USERS
7. ASIA-PACIFIC
ATV AND UTV MARKET – REGIONAL OUTLOOK
7.1. ASIA-PACIFIC
7.1.1. CHINA
7.1.2. JAPAN
7.1.3. INDIA
7.1.4. SOUTH
KOREA
7.1.5. ASEAN
COUNTRIES
7.1.6. AUSTRALIA
& NEW ZEALAND
7.1.7. REST
OF ASIA-PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. BRP
INC
8.2. CFMOTO
8.3. DEERE
AND COMPANY
8.4. HISUN
8.5. HONDA
MOTOR COMPANY
8.6. KAWASAKI
HEAVY INDUSTRIES
8.7. KUBOTA
CORPORATION
8.8. KWANG
YANG MOTOR CO LTD
8.9. POLARIS
INDUSTRIES INC
8.10. SUZUKI
MOTORS CORPORATION
8.11. TEXTRON
INC
8.12. YAMAHA
MOTOR CO LTD
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC
ATV AND UTV MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: MARKET
ATTRACTIVENESS MATRIX
TABLE 3: VENDOR
SCORECARD
TABLE 4: LIST OF
CONTRACTS & PARTNERSHIPS
TABLE 5: LIST OF
BUSINESS EXPANSIONS & DIVESTITURES
TABLE 6: LIST OF NEW
PRODUCT LAUNCHES
TABLE 7: ASIA-PACIFIC
ATV AND UTV MARKET, BY VEHICLE TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
ATV AND UTV MARKET, BY DISPLACEMENT, 2022-2028 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC
ATV AND UTV MARKET, BY FUEL TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC
ATV AND UTV MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC
ATV AND UTV MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: ASIA-PACIFIC
ATV AND UTV MARKET, BY VEHICLE TYPE, 2021 & 2028 (IN %)
FIGURE 4: ASIA-PACIFIC
ATV AND UTV MARKET, BY ATV, 2022-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC
ATV AND UTV MARKET, BY UTV, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
ATV AND UTV MARKET, BY DISPLACEMENT, 2021 & 2028 (IN %)
FIGURE 7: ASIA-PACIFIC
ATV AND UTV MARKET, BY ? 400 (CC), 2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
ATV AND UTV MARKET, BY 400-800(CC), 2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
ATV AND UTV MARKET, BY ? 800 (CC), 2022-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
ATV AND UTV MARKET, BY FUEL TYPE, 2021 & 2028 (IN %)
FIGURE 11: ASIA-PACIFIC
ATV AND UTV MARKET, BY GASOLINE-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
ATV AND UTV MARKET, BY DIESEL-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
ATV AND UTV MARKET, BY SOLAR-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
ATV AND UTV MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 16: ASIA-PACIFIC
ATV AND UTV MARKET, BY RECREATIONAL, 2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
ATV AND UTV MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2022-2028 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC
ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
ATV AND UTV MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 21: CHINA ATV AND
UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: JAPAN ATV AND
UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: INDIA ATV AND
UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: SOUTH KOREA
ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: ASEAN
COUNTRIES ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: AUSTRALIA
& NEW ZEALAND ATV AND UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: REST OF ASIA-PACIFIC
ATV AND UTV MARKET 2022-2028 (IN $ MILLION)