Market Research Logo

Global Off-road High-performance Vehicle Market 2016-2020

Global Off-road High-performance Vehicle Market 2016-2020

About Off-Road Vehicles

An off-road vehicle is equipped with systems and functions for driving on and off the pavement or road surface. Large tires mostly characterize the vehicle with wide treads and adjustable suspension. Most off-roader vehicles feature higher ground clearance, enhanced suspension system, and wide profile tires, which provide better traction and low-end torque to drive through the roughest of terrains. Off-road vehicles are categorized as two-wheelers and four-wheelers including SUVs. Off-road high-performance vehicles are a sub-section of the off-road vehicle market, which are typically used for racing events. Off-road racing vehicles are used in various rallies and racing events worldwide. Some of the examples of racing events include Dakar Rally, Baja 1000, and World Rally Championship.

Technavio’s analysts forecast the global off-road high-performance vehicle market to grow at a CAGR of 6.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global off-road high-performance vehicle market for 2016-2020. To calculate the market size, the report considers a top-down approach, where the market is derived from overall sales of Class 3 and Class 4 trucks.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Off-Road High-Performance Vehicle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Wildcat
  • AEV Conversions
  • Zone Offroad
  • Icon Vehicle Dynamics
Other prominent vendors
  • 4 Wheel Parts
  • Extreme Offroad & Performance
  • Stylin Trucks
  • Summit Racing Equipment
Market driver
  • Growing payload capacity by trailer sway control: Improving adverse handling caused by crosswinds and traffic
  • For a full, detailed list, view our report
Market challenge
  • Persistent challenges related to design improvement of pick-up trucks
  • For a full, detailed list, view our report
Market trend
  • Electric off-road racing vehicles gaining popularity
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Off-Road High-Performance Vehicle Market 2016-2020

Technavio recognizes the following companies as the key players in the global off-road high-performance vehicle market: Wildcat, AEV Conversions, Zone Offroad, and Icon Vehicle Dynamics.

Other Prominent Vendors in the market are: 4 Wheel Parts, Extreme Offroad & Performance, Stylin Trucks, and Summit Racing Equipment.

Commenting on the report, an analyst from Technavio’s team said: “Traditionally, police vehicles that were in operation used to do duty with rear-wheel or the front-wheel drive, but this has changed over the past few years. Automakers such as Chrysler, Ford, and GM now offer at least one police vehicle in an all-wheel of four-wheel drive configuration. Looking back to 2013, GM introduced a pursuit-rated version of its four-wheel drive Chevrolet ‘Tahoe PPV’ to go with the pursuit-rated RWD ‘Tahoe’. The trend toward AWD patrol vehicles is gaining popularity as Chrysler and GM now offer their vehicles following initial introduction of the Ford Police interceptor sedan for the Department of Police.”

According to the report, one of the key driver for market growth will be rising innovations in advanced suspension control systems. An advanced suspension system’s capability in high-performance off-road vehicles is the key attribute for the growing demand for such vehicles. This is because the suspension quality is one of the prime differentiating factors between a normal car and an off-road vehicle. Evolution in technology in this segment has had a positive impact on the off-road market and it is expected that OEMs may invest in R&D of off-road performance vehicles owing to the gaining popularity of this segment.

Further, the report states that in order to make F-150 more aerodynamically efficient, the engineers at Ford have made way for a flush-mounted windshield, a tailgate spoiler for smooth air flow, a cargo box in order to reduce the rear cab turbulence along with a duct under the headlights to minimize the air drag. The Ford is packed with new technology and construction processes, combined with new powertrain and lighter body panels, which give the F-150 good EPA fuel rating numbers. Till now, there is no regulated, agreed-upon standards or procedures that aerodynamics engineers must follow when testing the vehicle in a wind tunnel. Therefore, the biggest challenge that still persists is how to deal with a pick-up truck’s inherently large front area and how to move air around and into the engine compartment.

Companies Mentioned

Wildcat, AEV Conversions, Zone Offroad, Icon Vehicle Dynamics,4 Wheel Parts, Extreme Offroad & Performance, Stylin Trucks, and Summit Racing Equipment.

  • Executive summary
    • Highlights
  • Scope of the report
    • Report coverage
      • Table Scope of the report
    • Top-vendor offerings
      • Table Product offerings
      • Table Definitions of products and markets
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Market highlights
      • Table Classification of vehicles according to SCORE international
    • Value chain analysis
      • Table Value chain analysis of global off-road high-performance vehicle
    • Governing councils
      • Table Governing councils for various off-road racing events
      • Table Number of off road events 2014-2016
  • Market landscape
    • Table Segmentation of off-road high-performance vehicles
    • Table Global off-road high-performance vehicle market 2016-2020 (thousands of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Table Market drivers in global off-road high-performance vehicle market
    • Table Percentage change in sales of pick-up trucks in US 2015
    • Table European automobile market shares 2015
    • Table SUV and crossover vehicle market in China 2015-2020 (millions of units)
    • Table Top sold SUVs in China 2015
  • Market trends
    • Table Trends in global off-road high-performance vehicle
  • Market challenges
    • Table Challenges in global off-road high-performance vehicle market
  • Market segmentation by geography
    • Table Global off-road high-performance vehicles market: Geographic segmentation 2015 and 2020
    • Off-road high-performance vehicle market in Americas
      • Table Off-road high-performance vehicle market in Americas: 2015-2020 (thousands of units)
    • Off-road high-performance vehicle market in EMEA
      • Table Off-road high-performance vehicle market in EMEA 2015-2020 (thousands of units)
    • Off-road high-performance vehicle market in APAC
      • Table Off-road high-performance vehicle market in APAC 2015-2020 (thousands of units)
  • Market segmentation by end-market
    • Table Global off-road high-performance vehicle market 2015-2020: OEMs (thousands of units)
    • Table Global off-road high-performance vehicle market: Aftermarket 2015-2020 (thousands of units)
  • Key leading countries
    • Table Key leading countries in off-road racing events
  • Vendor landscape
    • Competitive benchmarking
      • Table Benchmarking of vendors
    • Other prominent vendors
  • Key vendor analysis
    • Table Product portfolio of Wildcat
    • Table Product portfolio of AEV Conversions
    • Table Product portfolio of Zone Offroad
    • Table Product portfolio of Icon Vehicle Dynamics
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report