
Middle East And Africa Electric Atv And Utv Market 2024-2032
Description
Middle East And Africa Electric Atv And Utv Market 2024-2032
Market Outlook
Triton’s research report insinuates that the Middle East and Africa electric ATV and UTV market is expected to rise at 11.32% CAGR during the forecasted years 2024-2032. The United Arab Emirates (UAE), South Africa, Saudi Arabia, Turkey, and the Rest of the Middle East & Africa are studied in this report.
In the Middle East, the economic standing of individuals serves as a significant determinant in their inclination towards embracing electric ATVs and UTVs for recreational pursuits, including activities like dirt racing and desert safaris. A favorable financial position allows them to establish the necessary infrastructure for the electric variants of these vehicles.
Africa stands out as the second-fastest-growing region in the tourism industry. Notably, in 2021, there was a substantial increase in inbound visitor numbers compared to the preceding year. Countries like Morocco, South Africa, the Democratic Republic of Congo, and Kenya attract tourists seeking to explore the abundant wildlife in the region.
Given the surge in tourism, it becomes imperative for Africa to incorporate electric ATVs and UTVs into its recreational and exploration offerings. These vehicles prove essential for traversing diverse terrains such as grasslands, national parks, and habitats of various species. Thus, these factors widen the scope and growth of the studied market.
Competitive Outlook
The well-known players in the electric ATV and UTV market are Deere and Company, BRP Inc, CFMoto, Honda Motor Company Ltd, Polaris Inc, and Textron Inc (Artic Cat).
Table of Contents
107 Pages
- 1. Middle East And Africa Electric Atv And Utv Market – Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Electric Atv And Utv Market
- 2.2. Porter’s Five Forces Analysis
- 2.2.1. Threat Of New Entrants
- 2.2.2. Threat Of Substitutes
- 2.2.3. Bargaining Power Of Suppliers
- 2.2.4. Bargaining Power Of Buyers
- 2.2.5. Threat Of Competitive Rivalry
- 2.3. Key Buying Impact Analysis
- 2.4. Key Market Strategies
- 2.4.1. Contracts And Partnerships
- 2.4.2. Business Expansion And Divestiture
- 2.4.3. New Product Launches
- 2.4.4. Acquisition
- 2.5. Market Drivers
- 2.5.1. Lower Noise Emissions From Electric Atvs And Utvs
- 2.5.2. Growing Environmental Concerns Expected To Fuel Electric Variants Demand
- 2.6. Market Challenges
- 2.6.1. Vehicle Range And Battery Weight Concern
- 2.6.2. High Purchase Cost
- 2.7. Analyst Perspective
- 3. Middle East And Africa Electric Atv And Utv Market – By Vehicle Type
- 3.1. Atv
- 3.2. Utv
- 4. Middle East And Africa Electric Atv And Utv Market - By Displacement
- 4.1. ≤ 400 (Cc)
- 4.2. 400-800(Cc)
- 4.3. ≥ 800 (Cc)
- 5. Middle East And Africa Electric Atv And Utv Market - By Propulsion
- 5.1. Battery Electric
- 5.2. Hybrid
- 6. Middle East And Africa Electric Atv And Utv Market - By Battery Capacity
- 6.1. Up To 48v
- 6.2. 48v To 72v
- 6.3. Above 72v
- 7. Middle East And Africa Electric Atv And Utv Market - By End-user
- 7.1. Recreational
- 7.2. Sports
- 7.3. Agriculture & Utility
- 7.4. Military & Defense
- 7.5. Other End-users
- 8. Middle East And Africa Electric Atv And Utv Market – By Country Outlook
- 8.1. United Arab Emirates
- 8.2. Turkey
- 8.3. Saudi Arabia
- 8.4. South Africa
- 8.5. Rest Of Middle East & Africa
- 9. Competitive Landscape
- 9.1. Brp Inc
- 9.1.1. Overview
- 9.1.2. Product Portfolio
- 9.1.3. Strengths
- 9.1.4. Challenge
- 9.2. Cfmoto
- 9.2.1. Overview
- 9.2.2. Product Portfolio
- 9.2.3. Strengths
- 9.2.4. Challenge
- 9.3. Deere And Company
- 9.3.1. Overview
- 9.3.2. Product Portfolio
- 9.3.3. Strengths
- 9.3.4. Challenge
- 9.4. Hisun Motors Corporation Usa
- 9.4.1. Overview
- 9.4.2. Product Portfolio
- 9.4.3. Strengths
- 9.4.4. Challenge
- 9.5. Honda Motor Company Ltd
- 9.5.1. Overview
- 9.5.2. Product Portfolio
- 9.5.3. Strengths
- 9.5.4. Challenge
- 9.6. Kawasaki Heavy Industries Ltd
- 9.6.1. Overview
- 9.6.2. Product Portfolio
- 9.6.3. Strengths
- 9.6.4. Challenge
- 9.7. Polaris Inc
- 9.7.1. Overview
- 9.7.2. Product Portfolio
- 9.7.3. Strengths
- 9.7.4. Challenge
- 9.8. Suzuki Motors Corporation
- 9.8.1. Overview
- 9.8.2. Product Portfolio
- 9.8.3. Strengths
- 9.8.4. Challenge
- 9.9. Textron Inc (Artic Cat)
- 9.9.1. Overview
- 9.9.2. Product Portfolio
- 9.9.3. Strengths
- 9.9.4. Challenge
- 9.10. Yamaha Motor Co Ltd
- 9.10.1. Overview
- 9.10.2. Product Portfolio
- 9.10.3. Strengths
- 9.10.4. Challenge
- 9.11. Drr Usa
- 9.11.1. Overview
- 9.11.2. Product Portfolio
- 10. Research Methodology & Scope
- 10.1. Research Scope & Deliverables
- 10.1.1. Objectives Of Study
- 10.1.2. Scope Of Study
- 10.2. Sources Of Data
- 10.2.1. Primary Data Sources
- 10.2.2. Secondary Data Sources
- 10.3. Research Methodology
- 10.3.1. Evaluation Of The Proposed Market
- 10.3.2. Identification Of Data Sources
- 10.3.3. Assessment Of Market Determinants
- 10.3.4. Data Collection
- 10.3.5. Data Validation & Analysis
- List Of Tables
- Table 1: Middle East And Africa Electric Atv And Utv Market, By Country Outlook, 2024-2032 (In $ Million)
- Table 2: List Of Contracts And Partnerships
- Table 3: List Of Business Expansion And Divestiture
- Table 4: List Of New Product Launches
- Table 5: Middle East And Africa Electric Atv And Utv Market, By Vehicle Type, 2024-2032 (In $ Million)
- Table 6: Middle East And Africa Electric Atv And Utv Market, By Displacement, 2024-2032 (In $ Million)
- Table 7: Middle East And Africa Electric Atv And Utv Market, By Propulsion, 2024-2032 (In $ Million)
- Table 8: Middle East And Africa Electric Atv And Utv Market, By Battery Capacity, 2024-2032 (In $ Million)
- Table 9: Middle East And Africa Electric Atv And Utv Market, By End-user, 2024-2032 (In $ Million)
- List Of Figures
- Figure 1: Porter’s Five Forces Analysis
- Figure 2: Key Buying Impact Analysis
- Figure 3: Middle East And Africa Electric Atv And Utv Market, By Vehicle Type, 2023 & 2032 (In %)
- Figure 4: Middle East And Africa Electric Atv And Utv Market, By Atv, 2024-2032 (In $ Million)
- Figure 5: Middle East And Africa Electric Atv And Utv Market, By Utv, 2024-2032 (In $ Million)
- Figure 6: Middle East And Africa Electric Atv And Utv Market, By Displacement, 2023 & 2032
- Figure 7: Middle East And Africa Electric Atv And Utv Market, By ≤ 400 (Cc), 2024-2032 (In $ Million)
- Figure 8: Middle East And Africa Electric Atv And Utv Market, By 400-800(Cc), 2024-2032 (In $ Million)
- Figure 9: Middle East And Africa Electric Atv And Utv Market, By ≥ 800 (Cc), 2024-2032 (In $ Million)
- Figure 10: Middle East And Africa Electric Atv And Utv Market, By Propulsion, 2023 & 2032 (In %)
- Figure 11: Middle East And Africa Electric Atv And Utv Market, By Battery Electric, 2024-2032 (In $ Million)
- Figure 12: Middle East And Africa Electric Atv And Utv Market, By Hybrid, 2024-2032 (In $ Million)
- Figure 13: Middle East And Africa Electric Atv And Utv Market, By Battery Capacity, 2023 & 2032 (In %)
- Figure 14: Middle East And Africa Electric Atv And Utv Market, By Up To 48v, 2024-2032 (In $ Million)
- Figure 15: Middle East And Africa Electric Atv And Utv Market, By 48v To 72v, 2024-2032 (In $ Million)
- Figure 16: Middle East And Africa Electric Atv And Utv Market, By Above 72v, 2024-2032 (In $ Million)
- Figure 17: Middle East And Africa Electric Atv And Utv Market, By End-user, 2023 & 2032 (In %)
- Figure 18: Middle East And Africa Electric Atv And Utv Market, By Recreational, 2024-2032 (In $ Million)
- Figure 19: Middle East And Africa Electric Atv And Utv Market, By Sports, 2024-2032 (In $ Million)
- Figure 20: Middle East And Africa Electric Atv And Utv Market, By Agriculture & Utility, 2024-2032 (In $ Million)
- Figure 21: Middle East And Africa Electric Atv And Utv Market, By Military & Defense, 2024-2032 (In $ Million)
- Figure 22: Middle East And Africa Electric Atv And Utv Market, By Other End-users, 2024-2032 (In $ Million)
- Figure 23: United Arab Emirates Electric Atv And Utv Market 2024-2032 (In $ Million)
- Figure 24: Turkey Electric Atv And Utv Market 2024-2032 (In $ Million)
- Figure 25: Saudi Arabia Electric Atv And Utv Market 2024-2032 (In $ Million)
- Figure 26: South Africa Electric Atv And Utv Market 2024-2032 (In $ Million)
- Figure 27: Rest Of Middle East & Africa Electric Atv And Utv Market 2024-2032 (In $ Million)
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