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(Transportation-News.com, November 11, 2017 ) Market Overview:
All-terrain vehicles can move quickly and seamlessly on mountainous and rocky terrains, which is one of the major factors leading to their increased adoption in the recent years. The majority of American consumers are increasingly using ATVs in different terrains like forest, agricultural lands, and mountains. Moreover, many countries including Australia, US, Germany, and India are adopting ATVs for farming as using ATVs requires less manpower and decreases the overall cost of farming. Also, as ATVs or quad bikes can operate in muddy and rough areas, they have a lot more advantages than regular vehicles. With manufacturers trying to expand the adoption of ATV in African countries, this market is likely to have a positive outlook over the coming years.
In terms of geography, the Americas was the highest revenue-generating region in ATVs market and will continue to dominate the market over the next four years. The augmented demand for utility vehicles, especially in countries like the US and Canada, is attributed to the increasing adoption of these vehicles by the defense sector because of the ability of UTVs for quick patrolling in combat operations.
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Market Growth
The growing penetration of continuous variable transmission (CVT) in ATVs is one of the latest trends gaining significant traction in the market. ATV OEMs are increasingly shifting from manual transmission to continuous variable transmission in ATVs. CVTs are used in snowmobiles, in a few types of ATVs, and a variety of other automobiles. CVTs facilitate riders from continuous gear shifting pattern and is more efficient than manual transmissions. Moreover, CVTs have high mechanical efficiency and less emissions because of change in manifold tuning and ignition time. Many companies like Honda Motor and Yamaha Motor are rapidly changing their transmission systems to CVTs, which provides their ATVs with smooth rides even on uneven and hilly terrains.
Key Players of All-Terrain Vehicle Market:
Global All-Terrain Vehicle (ATV) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including:
Polaris, Honda, Kawasaki, BRP, Yamaha Motor, Arctic Cat, Suzuki, Hisun, CFMOTO, kymco, TGB, Feishen Group, Linhai Group, Rato, Cectek, XY FORCE
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Market Segmentation:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Sport ATV
• Utility ATV
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Sports and Leisure
• Agriculture Industry
• Out-door Work
• Military Forces
2017 Global Airplane Propeller Market Report is a professional and in-depth research report on the world's major regional market conditions of the Airplane Propeller industry, focusing on the main regions and the main countries (North America, Europe, China, Japan, Southeast Asia, India).
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