The Europe All-terrain Vehicle Market would witness market growth of 4.0% CAGR during the forecast period (2021-2027).
The rising popularity of outdoor sporting activities amongst people, such as off-road events, the growing number of trails parks and adventure parks, and the growing need for ATVs for agricultural and military applications are all the other reasons behind the growing demand for all-terrain vehicles. Furthermore, over the upcoming period, rising disposable income and spending power of individuals in developed and developing nations are expected to increase demand for all-terrain vehicles. A light utility vehicle is another name for an all-terrain vehicle. Type I and type II ATVs are the two types of ATVs. A solo rider with no passengers should utilize the type I category, whereas a rider and a passenger should use the type II category. A specific seating location behind the rider is available on Type II ATVs.
Off-road and the ease of handling in difficult terrain are the most sought-after features of ATVs. In comparison to traditional automobiles, the vehicle's design provides better protection from hostile operating environments. ATVs have grown in popularity in recent years as a result of their simplicity of usage in isolated regions and capacity to transport supplies and equipment. Although these vehicles are commonly utilized in off-road environments, certain regions have recently allowed them to be driven on public highways as well.
Riding off-road in Europe can be challenging at times. Off-road motorcycles are strictly prohibited in places like Germany and Austria, although Eastern and Southern European countries are often more permissive. It depends on where one goes, but as a general rule, one should always check with the locals to see if the trail they intend to ride is available to motorcycles. Southern Europe is known for its stunning mountain scenery and rugged paths. Off-road riding is still legal in Serbia, Croatia, and Montenegro, so one can explore the countryside as much as they like. A vehicle having four wheels and a mass of less than 550 kg is referred to as a "quad" in the United Kingdom (1,210 lb). In the United Kingdom, driving a quad cycle on a public road necessitates a category B (car) or B1 (motor vehicles with four wheels weighing up to 400kg unladen or 550kg if built for carrying goods) license, as well as tax, insurance, and registration.
The Germany market dominated the Europe All-terrain Vehicle Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $250.8 Million by 2027. The UK market is exhibiting a CAGR of 4.8% during (2021 - 2027). Additionally, The France market would display a CAGR of 4.8% during (2021 - 2027).
Based on Application, the market is segmented into Recreational, Sports, Military & Defense and Agriculture. Based on Engine Type, the market is segmented into 400cc-800cc, below 400cc, and above 800cc. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global All-terrain Vehicle Market Size will Hit $3.8 Billion by 2027, at a CAGR of 4.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Textron, Inc., Bombardier Recreational Products, Inc., Zhejiang CFMoto Power Co., Ltd., Polaris, Inc., Deere & Company, Kwang Yang Motor Company Ltd., Suzuki Motor Corporation, Honda Motor Co. Ltd., Yamaha Motor Co., Ltd., and Kawasaki Heavy Industries, Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Recreational
- Sports
- Military & Defense
- Agriculture
By Engine Type
- 400cc-800cc
- Below 400cc
- Above 800cc
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Textron, Inc.
- Bombardier Recreational Products, Inc.
- Zhejiang CFMoto Power Co., Ltd.
- Polaris, Inc.
- Deere & Company
- Kwang Yang Motor Company Ltd.
- Suzuki Motor Corporation
- Honda Motor Co. Ltd.
- Yamaha Motor Co., Ltd.
- Kawasaki Heavy Industries, Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe All-terrain Vehicle Market, by Application
1.4.2 Europe All-terrain Vehicle Market, by Engine Type
1.4.3 Europe All-terrain Vehicle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, May – 2021, Dec) Leading Players
Chapter 4. Europe All-terrain Vehicle Market by Application
4.1 Europe Recreational Market by Country
4.2 Europe Sports Market by Country
4.3 Europe Military & Defense Market by Country
4.4 Europe Agriculture Market by Country
Chapter 5. Europe All-terrain Vehicle Market by Engine Type
5.1 Europe 400cc-800cc Market by Country
5.2 Europe Below 400cc Market by Country
5.3 Europe Above 800cc Market by Country
Chapter 6. Europe All-terrain Vehicle Market by Country
6.1 Germany All-terrain Vehicle Market
6.1.1 Germany All-terrain Vehicle Market by Application
6.1.2 Germany All-terrain Vehicle Market by Engine Type
6.2 UK All-terrain Vehicle Market
6.2.1 UK All-terrain Vehicle Market by Application
6.2.2 UK All-terrain Vehicle Market by Engine Type
6.3 France All-terrain Vehicle Market
6.3.1 France All-terrain Vehicle Market by Application
6.3.2 France All-terrain Vehicle Market by Engine Type
6.4 Russia All-terrain Vehicle Market
6.4.1 Russia All-terrain Vehicle Market by Application
6.4.2 Russia All-terrain Vehicle Market by Engine Type
6.5 Spain All-terrain Vehicle Market
6.5.1 Spain All-terrain Vehicle Market by Application
6.5.2 Spain All-terrain Vehicle Market by Engine Type
6.6 Italy All-terrain Vehicle Market
6.6.1 Italy All-terrain Vehicle Market by Application
6.6.2 Italy All-terrain Vehicle Market by Engine Type
6.7 Rest of Europe All-terrain Vehicle Market
6.7.1 Rest of Europe All-terrain Vehicle Market by Application
6.7.2 Rest of Europe All-terrain Vehicle Market by Engine Type
Chapter 7. Company Profiles
7.1 Textron, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.2 Bombardier Recreational Products, Inc.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Geographical Expansions:
7.3 Zhejiang CFMoto Power Co., Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.4 Polaris, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.5 Deere & Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.6 Kwang Yang Motor Company Ltd.
7.6.1 Company Overview
7.7 Suzuki Motor Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Honda Motor Co. Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 Yamaha Motor Co., Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Kawasaki Heavy Industries, Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
TABLE 1 Europe All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 2 Europe All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – All-terrain Vehicle Market
TABLE 4 Product Launches And Product Expansions – All-terrain Vehicle Market
TABLE 5 Acquisition and Mergers – All-terrain Vehicle Market
TABLE 6 Geographical Expansions – All-terrain Vehicle Market
TABLE 7 Europe All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 8 Europe All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 9 Europe Recreational Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Recreational Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Sports Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Sports Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Military & Defense Market by Country, 2017 - 2020, USD Million
TABLE 14 Europe Military & Defense Market by Country, 2021 - 2027, USD Million
TABLE 15 Europe Agriculture Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Agriculture Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 18 Europe All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 19 Europe 400cc-800cc Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe 400cc-800cc Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Below 400cc Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Below 400cc Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Above 800cc Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Above 800cc Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe All-terrain Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe All-terrain Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 27 Germany All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 28 Germany All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 29 Germany All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 30 Germany All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 31 Germany All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 32 Germany All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 33 UK All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 34 UK All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 35 UK All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 36 UK All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 37 UK All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 38 UK All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 39 France All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 40 France All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 41 France All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 42 France All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 43 France All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 44 France All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 45 Russia All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 46 Russia All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 47 Russia All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 48 Russia All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 49 Russia All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 50 Russia All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 51 Spain All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 52 Spain All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 53 Spain All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 54 Spain All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 55 Spain All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 56 Spain All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 57 Italy All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 58 Italy All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 59 Italy All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 60 Italy All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 61 Italy All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 62 Italy All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 63 Rest of Europe All-terrain Vehicle Market, 2017 - 2020, USD Million
TABLE 64 Rest of Europe All-terrain Vehicle Market, 2021 - 2027, USD Million
TABLE 65 Rest of Europe All-terrain Vehicle Market by Application, 2017 - 2020, USD Million
TABLE 66 Rest of Europe All-terrain Vehicle Market by Application, 2021 - 2027, USD Million
TABLE 67 Rest of Europe All-terrain Vehicle Market by Engine Type, 2017 - 2020, USD Million
TABLE 68 Rest of Europe All-terrain Vehicle Market by Engine Type, 2021 - 2027, USD Million
TABLE 69 Key information – Textron, Inc.
TABLE 70 Key information – Bombardier Recreational Products, Inc.
TABLE 71 Key information – Zhejiang CFMoto Power Co., Ltd.
TABLE 72 Key information – Polaris, Inc.
TABLE 73 Key information – Deere & Company
TABLE 74 Key information – Kwang Yang Motor Company Ltd.
TABLE 75 Key information – Suzuki Motor Corporation
TABLE 76 key Information – Honda Motor Co. Ltd.
TABLE 77 Key Information – Yamaha Motor Co., Ltd.
TABLE 78 Key Information – Kawasaki Heavy Industries, Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, May – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Textron, Inc.
FIG 6 Recent strategies and developments: Polaris, Inc.
FIG 7 SWOT ANALYSIS: HONDA MOTORS CO. LTD.