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Global Power Sports Market (ATV, SSV, Snowmobiles, Motorcycles & PWC) Report: Insights, Trends and Forecast (2019-2023)

Global Power Sports Market (ATV, SSV, Snowmobiles, Motorcycles & PWC) Report: Insights, Trends and Forecast (2019-2023)

The global power sports market is estimated to reach US$13.32 billion in 2023, growing at a CAGR of 4.7% for the period spanning from 2018 to 2023. The factors such as increasing new power boat sales, improving consumer confidence index, rising young population, accelerating economic growth and escalating urban population are expected to drive the market growth. However, growth of the industry would be challenged by seasonality of power sports vehicles sales, weather fluctuations environmental issues and high maintenance cost. A few notable trends include increased power sports product offerings, technological advancement, economical impact of snowmobiling, artificial intelligence (AI) applications in power sports vehicles and emergence of next generation engines.

The power sports market comprises four main segments namely snowmobiles, powerboats (PWC and others), motorcycles and off-road vehicles, which further includes all-terrain vehicles (ATVs) & side-by-side vehicles (SSVs). High preference of side-by-side vehicles in developing economies helped off-road vehicles to remain at top position amongst all the segments in 2018.

The fastest growing regional market is North America owing to favourable weather conditions and increasing consumers spending on recreational and sports activities. The U.S. and Canada are the two largest market for power sports and are already well-penetrated at developed market levels.

Scope of the report:

  • The report provides a comprehensive analysis of the global power sports market, segmented into off-road vehicles [(All-Terrain Vehicles (ATVs) & Side-by-Side vehicles (SSVs)], snowmobiles, powerboats (PWC and others) and motorcycles.
  • The major regional markets (North America and Europe) have been analysed, along with country coverage of the U.S, Canada, UK and Germany.
  • The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Polaris, BRP, Honda, Textron, Kawasaki and Yamaha Corporation) are also presented in detail.
Key Target Audience:
  • Power Sports Manufacturers
  • Raw Material/Component Suppliers
  • End Users
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Market Overview
1.1 Introduction
Table 1: Power Sports Vehicle – Product Types
1.2 Off-Road Vehicles
1.3 Snowmobiles
1.4 Powerboats
1.5 Motorcycles
2. Global Power Sports Market Analysis
2.1 Global Power Sports Market Value Forecast
Table 2: Global Power Sports Market Value Forecast (2018-2023)
2.2 Global Power Sports Market Volume by Segment
Table 3: Global Power Sports Market Volume by Segment (2018)
2.3 Global Power Sports Market Volume Forecast by Segment
Table 4: Global Power Sports Market Volume Forecast by Segment (2023)
2.4 Global Off-Road Vehicles Market Volume
2.4.1 Global Off-Road Vehicles Market Volume
Table 5: Global Off-Road Vehicles Market Volume (2014-2018)
2.4.2 Global Off-Road Vehicles Market Volume Forecast
Table 6: Global Off-Road Vehicles Market Volume Forecast (2019-2023)
2.4.3 Global Off-Road Vehicles Market Volume by Segment
Table 7: Global Off-Road Vehicles Market Volume by Segment (2018-2023)
2.4.4 Global Side-by-Side Vehicles Market Volume
Table 8: Global Side-by-Side Vehicles Market Volume (2014-2018)
2.4.5 Global Side-by-Side Vehicles Market Volume Forecast
Table 9: Global Side-by-Side Vehicles Market Volume Forecast (2019-2023)
2.4.6 Global ATV Market Volume
Table 10: Global ATV Market Volume (2014-2018)
2.4.7 Global ATV Market Volume Forecast
Table 11: Global ATV Market Volume Forecast (2019-2023)
2.4.8 Global ATV Market Volume by Region
Table 12: Global ATV Market Volume by Region (2018)
2.5 Global Snowmobile Market Volume
2.5.1 Global Snowmobiles Market Volume
Table 13: Global Snowmobiles Market Volume (2014-2018)
2.5.2 Global Snowmobiles Market Volume Forecast
Table 14: Global Snowmobiles Market Volume Forecast (2019-2023)
2.5.3 Global Snowmobiles Market Volume by Segments
Table 15: Global Snowmobiles Market Volume by Segments (2018)
2.5.4 Global Snowmobiles Market Volume by Region
Table 16: Global Snowmobiles Market Volume by Region (2018)
2.6 Global Personal Watercraft Market Volume
2.6.1 Global Personal Watercraft Market Volume
Table 17: Global Personal Watercraft Market Volume (2014-2018)
2.6.2 Global Personal Watercraft Market Volume Forecast
Table 18: Global Personal Watercraft Market Volume Forecast (2019-2023)
2.6.3 Global Personal Watercraft Market Volume by Region
Table 19: Global Personal Watercraft Market Volume by Region (2018)
3. Regional Power Sports Market Analysis
3.1 North America
3.1.1 North America Snowmobile Market Volume
Table 20: North America Snowmobile Market Volume (2014-2018)
3.1.2 North America Snowmobile Market Volume Forecast
Table 21: North America Snowmobile Market Volume Forecast (2019-2023)
3.1.3 The U.S. Snowmobile Market Volume
Table 22: The U.S. Snowmobile Market Volume (2014-2018)
3.1.4 The U.S. Snowmobile Market Volume Forecast
Table 23: The U.S. Snowmobile Market Volume Forecast (2019-2023)
3.1.5 The U.S. Snowmobile Registration by State
Table 24: The U.S. Snowmobile Registration by State (2016-2018)
3.1.6 The U.S. ATV Market Volume
Table 25: The U.S. ATV Market Volume (2014-2018)
3.1.7 The U.S. ATV Market Volume Forecast
Table 26: The U.S. ATV Market Volume Forecast (2019-2023)
3.1.8 The U.S. Powerboat Market Volume
Table 27: The U.S. Powerboat Market Volume (2014-2018)
3.1.9 The U.S. Powerboat Market Volume Forecast
Table 28: The U.S. Powerboat Market Volume Forecast (2019-2023)
3.1.10 The U.S. Powerboat Market Volume by Segments
Table 29: The U.S. Powerboat Market Volume by Segments (2018)
3.1.11 The U.S. Powerboat Market Volume by Engine Types
Table 30: The U.S. Powerboat Market Volume by Engine Types (2018)
3.1.12 The U.S. Personal Watercraft Market Volume
Table 31: The U.S. Personal Watercraft Market Volume (2014-2018)
3.1.13 The U.S. Personal Watercraft Market Volume Forecast
Table 32: The U.S. Personal Watercraft Market Volume Forecast (2019-2023)
3.1.14 The U.S. Motorcycle Market Volume
Table 33: The U.S. Motorcycle Market Volume (2014-2018)
3.1.15 The U.S. Motorcycle Market Volume Forecast
Table 34: The U.S. Motorcycle Market Volume Forecast (2019-2023)
3.1.16 The U.S. Motorcycle Market Volume by Segment
Table 35: The U.S Motorcycle Market Volume by Segment (2018)
3.1.17 The U.S. New 601cc+ Motorcycle Registration Motorcycles
Table 36: The U.S. New 601cc+ Motorcycle Registration Motorcycles (2014-2018)
3.1.18 Canada ATV Market Volume
Table 37: Canada ATV Market Volume (2014-2018)
3.1.19 Canada ATV Market Volume Forecast
Table 38: Canada ATV Market Volume Forecast (2019-2023)
3.1.20 Canada Snowmobile Market Volume
Table 39: Canada Snowmobile Market Volume (2014-2018)
3.1.21 Canada Snowmobile Market Volume Forecast
Table 40: Canada Snowmobile Market Volume Forecast (2019-2023)
3.1.22 Canada Snowmobile Registration by Province
Table 41: Canada Snowmobile Registration by Province (2016-2018)
3.2 Europe
3.2.1 Europe New 601+cc Motorcycle Registration
Table 42: Europe New 601+cc Motorcycle Registration (2014-2018)
3.2.2 Europe New 601+cc Motorcycle Registration Forecast
Table 43: Europe New 601+cc Motorcycle Registration Forecast (2019-2023)
3.2.3 Germany New Motorcycle Registration
Table 44: Germany New Motorcycle Registration (2014-2018)
3.2.4 Germany New Motorcycle Registration Forecast
Table 45: Germany New Motorcycle Registration Forecast (2019-2023)
3.2.5 The U.K. New Motorcycle Registration by Category
Table 46: The U.K. New Motorcycle Registration by Category (2017-2018)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing New Power Boat Sales
Table 47: The U.S. New Power Boat Sales (2014-2018)
4.1.2 Improving Consumer Confidence Index
Table 48: Consumer Confidence Index in US and Europe (2008-2018)
4.1.3 Rising Young Population
Table 49: Global Young Population (2010-2025)
4.1.4 Accelerating Economic Growth
Table 50: Global Gross Domestic Product (GDP) per Capita (2014-2018)
4.1.5 Escalating Urban Population
Table 51: Global Urban Population (2014-2018)
4.2 Key Trends and Developments
4.2.1 Increased Power Sports Product Offerings
Table 52: Power Sports Products Offered at Dealers in US (2017-2018)
4.2.2 Technological Advancement
Table 53: Technological Advancements in Global Power Sports Industry (2019)
4.2.3 Economical Impact of Snowmobiling
Table 54: Economic Impact of Snowmobiling by Region (2018)
4.2.4 Artificial Intelligence (AI) Applications in Power Sports Vehicles
4.2.5 Emergence of Next Generation Engines
4.3 Challenges
4.3.1 Seasonality of Power Sports Vehicles Sales
Table 55: The U.S. On Highway Retail Unit Sales (1998-2018)
Table 56: The U.S. All-Terrain Vehicles Retail Unit Sales (2000-2018)
4.3.2 Weather Fluctuations
4.3.3 Environmental Issues
4.3.4 High Maintenance Cost
5. Competitive Landscape
5.1 Global Power Sports Market
5.1.1 Key Players – Revenue Comparison
Table 57: Key Players – Revenue Comparison (2018)
5.1.2 Key Players – Market Cap Comparison
Table 58: Key Players – Market Cap Comparison (2019)
5.1.3 Key Players – Side-by-Side Vehicles Market Share Comparison
Table 59: Key Players – Global Side-by-Side Vehicles Market Share Comparison (2014-2018)
5.1.4 Key Players – ATV Market Share Comparison
Table 60: Key Players – Global ATV Market Share Comparison (2014-2018)
5.1.5 Key Players – Snowmobiles Market Share Comparison
Table 61: Key Players – Global Snowmobiles Market Share Comparison (2014-2018)
5.2 The U.S. Power Sports Market
5.2.1 Key Players – Personal Watercraft Market Share Comparison
Table 62: Key Players – US Personal Watercraft Market Share Comparison (2015-2018)
6. Company Profiles
6.1 Polaris Industries Inc.
6.1.1 Business Overview
Table 63: Polaris Sales by Business Segments (2018)
6.1.2 Financial Overview
Table 64: Polaris Sales and Net Income (2014-2018)
6.1.3 Business Strategies
Table 65: Polaris R&D Expenditures (2016-2018)
6.2 Bombardier Recreational Products Inc.
6.2.1 Business Overview
Table 66: BRP Revenues by Business Segments (2019)
6.2.2 Financial Overview
Table 67: BRP Revenues and Net Income (2015-2019)
6.2.3 Business Strategies
Table 68: BRP Product Launches (2019)
6.3 Honda Motor Co., Ltd.
6.3.1 Business Overview
Table 69: Honda Business Segment Overview (2019)
Table 70: Honda Revenue by Business Segment (2019)
6.3.2 Financial Overview
Table 71: Honda Revenue and Net Profit (2015-2019)
6.3.3 Business Strategies
Table 72: Honda R&D Expenditures (2017-2019)
6.4 Textron Inc.
6.4.1 Business Overview
Table 73: Textron Revenues by Business Segments (2018)
6.4.2 Financial Overview
Table 74: Textron Revenues and Net Income (2014-2018)
6.4.3 Business Strategies
6.5 Kawasaki Heavy Industries, Ltd.
6.5.1 Business Overview
Table 75: Kawasaki Business Segments Overview (2019)
Table 76: Kawasaki Net Sales by Business Segments (2019)
6.5.2 Financial Overview
Table 77: Kawasaki Net Sales and Net Income (2015-2019)
6.5.3 Business Strategies
Table 78: Kawasaki R&D Expenditures (2017-2019)
6.6 Yamaha Corporation (Yamaha Motors)
6.6.1 Business Overview
Table 79: Yamaha Corporation Net Sales by Business Segments (2019)
6.6.2 Financial Overview
Table 80: Yamaha Corporation Net Sales and Net Income (2015-2019)
6.6.3 Business Strategies

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