Report overview
UTV, namely Utility Terrain Vehicle, is defined as a vehicle:
-Designed for operation off of the highway
-Suspended on four or more low pressure or non-pneumatic tires
-Has a steering wheel for steering control
-Have one seat to accommodate a driver and one or more passenger sitting
This report aims to provide a comprehensive presentation of the global market for UTV (Utility Terrain Vehicle), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding UTV (Utility Terrain Vehicle). This report contains market size and forecasts of UTV (Utility Terrain Vehicle) in global, including the following market information:
Global UTV (Utility Terrain Vehicle) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global UTV (Utility Terrain Vehicle) Market Sales, 2018-2023, 2024-2029, (Units)
Global top five UTV (Utility Terrain Vehicle) companies in 2022 (%)
The global UTV (Utility Terrain Vehicle) market was valued at US$ 5014.8 million in 2022 and is projected to reach US$ 6650.4 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For industry structure analysis, the UTV (Utility Terrain Vehicle) industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Polaris, John Deere, Kawasaki, Yamaha Motor and Kubota, ?account for about 80 % of the revenue market. Regionally, United States is the biggest sales value area, also the leader in the whole UTV (Utility Terrain Vehicle) industry.
North America occupied 72% of the sales market. It is followed by Europe and Asia-Pacific, which respectively account for around 15% and 5% of the global total industry. Other countries have a smaller amount of sales.
We surveyed the UTV (Utility Terrain Vehicle) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global UTV (Utility Terrain Vehicle) Market, by Displacement (CC), 2018-2023, 2024-2029 ($ Millions) & (Units)
Global UTV (Utility Terrain Vehicle) Market Segment Percentages, by Displacement (CC), 2022 (%)
Below 400
400-800
Above 800
Global UTV (Utility Terrain Vehicle) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global UTV (Utility Terrain Vehicle) Market Segment Percentages, by Application, 2022 (%)
Work UTV
Sport UTV
Others
Global UTV (Utility Terrain Vehicle) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global UTV (Utility Terrain Vehicle) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies UTV (Utility Terrain Vehicle) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies UTV (Utility Terrain Vehicle) revenues share in global market, 2022 (%)
Key companies UTV (Utility Terrain Vehicle) sales in global market, 2018-2023 (Estimated), (Units)
Key companies UTV (Utility Terrain Vehicle) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Polaris
John Deere
Kawasaki
Yamaha Motor
Kubota
Arctic Cat
Honda
BRP
KYMCO
HSUN Motor
CFMOTO
Linhai Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of UTV (Utility Terrain Vehicle), market overview.
Chapter 2: Global UTV (Utility Terrain Vehicle) market size in revenue and volume.
Chapter 3: Detailed analysis of UTV (Utility Terrain Vehicle) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by displacement (cc), covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of UTV (Utility Terrain Vehicle) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global UTV (Utility Terrain Vehicle) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
