Market by Vehicle Type, Displacement, Fuel Type, End-user, and Country | Forecast 2022-2028
As per Triton’s report, the ATV and UTV market in Latin America is estimated to witness growth at a CAGR of 7.39% during the estimated phase 2022-2028.
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The countries considered in this market include:
• Brazil
• Mexico
• Rest of Latin America
The ATV club in Argentina has been a frontrunner in designing,
formulating, and stemming unique journeys for all-terrain vehicles and utility
terrain vehicles. The club’s objective is to help consumers identify numerous
natural, adventure, and recreation possibilities, which surged the demand for
these bikes. The increasing demand for all-terrain vehicles for agricultural
and industrial applications, the rising implementation of advanced systems, and
the growing popularity of electric ATVs are other sets of factors estimated to
boost the ATV and UTV market’s growth in Argentina over the predicted phase.
In Mexico, initially, operating ATVs and UTVs on roadways was not
permitted by the authorities. Nonetheless, the government passed supportive
legislation permitting the functioning of ATVs and UTVs on roads. In this
regard, the Governor of Mexico sanctioned a bill to allow users to drive these
quad bikes, proving beneficial for ranchers and farmers to reach fields on
paved roads. Therefore, supportive government regulations have fueled the
demand for ATVs and UTVs, thereby widening the scope of the ATV and UTV market
across Mexico.
CFmoto is involved in developing, producing, and delivering motorcycles,
ATVs, and side-by-side utility vehicles to clients. It also manufactures
Powersports vehicle engines. Besides, the company provides car-related parts,
including arm protector assembly, socket and adaptor, rear panel assembly,
wiper assembly, and other products. CFmoto also offers gears and accessories like
sleeves, fleece, and goggles. The company serves various consumers and has
business operations spread across numerous regions, including Latin America.
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VIEW REPORT1. LATIN
AMERICA 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. LATIN
AMERICA ATV AND UTV MARKET – BY VEHICLE TYPE
3.1. ATV
3.2. UTV
4. LATIN
AMERICA ATV AND UTV MARKET - BY DISPLACEMENT
4.1. ?
400 (CC)
4.2. 400-800(CC)
4.3. ?
800 (CC)
5. LATIN
AMERICA ATV AND UTV MARKET - BY FUEL TYPE
5.1. GASOLINE-POWERED
5.2. DIESEL-POWERED
5.3. ELECTRIC-POWERED
5.4. SOLAR-POWERED
6. LATIN
AMERICA 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. LATIN
AMERICA ATV AND UTV MARKET – REGIONAL OUTLOOK
7.1. LATIN
AMERICA
7.1.1. BRAZIL
7.1.2. MEXICO
7.1.3. REST
OF LATIN AMERICA
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: LATIN AMERICA
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: LATIN AMERICA
ATV AND UTV MARKET, BY VEHICLE TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
ATV AND UTV MARKET, BY DISPLACEMENT, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA
ATV AND UTV MARKET, BY FUEL TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
ATV AND UTV MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
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: LATIN AMERICA
ATV AND UTV MARKET, BY VEHICLE TYPE, 2021 & 2028 (IN %)
FIGURE 4: LATIN AMERICA
ATV AND UTV MARKET, BY ATV, 2022-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
ATV AND UTV MARKET, BY UTV, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
ATV AND UTV MARKET, BY DISPLACEMENT, 2021 & 2028 (IN %)
FIGURE 7: LATIN AMERICA
ATV AND UTV MARKET, BY ? 400 (CC), 2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
ATV AND UTV MARKET, BY 400-800(CC), 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
ATV AND UTV MARKET, BY ? 800 (CC), 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA ATV AND UTV MARKET, BY FUEL TYPE, 2021 & 2028 (IN %)
FIGURE 11: LATIN
AMERICA ATV AND UTV MARKET, BY GASOLINE-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN
AMERICA ATV AND UTV MARKET, BY DIESEL-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN
AMERICA ATV AND UTV MARKET, BY ELECTRIC-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN
AMERICA ATV AND UTV MARKET, BY SOLAR-POWERED, 2022-2028 (IN $ MILLION)
FIGURE 15: LATIN
AMERICA ATV AND UTV MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 16: LATIN
AMERICA ATV AND UTV MARKET, BY RECREATIONAL, 2022-2028 (IN $ MILLION)
FIGURE 17: LATIN
AMERICA ATV AND UTV MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN
AMERICA ATV AND UTV MARKET, BY AGRICULTURE & UTILITY, 2022-2028 (IN $
MILLION)
FIGURE 19: LATIN
AMERICA ATV AND UTV MARKET, BY MILITARY & DEFENSE, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN
AMERICA ATV AND UTV MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 21: BRAZIL ATV AND
UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: MEXICO ATV AND
UTV MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: REST OF
LATIN AMERICA ATV AND UTV MARKET 2022-2028 (IN $ MILLION)