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North America Electric Atv And Utv Market 2024-2032

Publisher Triton Market Research
Published Apr 01, 2024
Length 113 Pages
SKU # TRTN18748653

Description

North America Electric Atv And Utv Market 2024-2032



Market Outlook

Triton’s research report estimates that the North America ATV and UTV market is expected to advance with a CAGR of 12.20% during projected years 2024-2032. Canada and the United States are examined in this report.

In the US, the anticipated growth of the all-terrain vehicle (ATV) market is supported by various factors. Among these factors are the increasing demand for ATVs in agricultural and industrial applications, the upswing in the integration of advanced infotainment systems within ATVs, and the surging popularity of electric all-terrain vehicles. Moreover, the introduction of numerous new ATV models and the rising favorability of these vehicles among the younger demographic are additional contributors expected to stimulate the demand for these quad bikes in the country.

The surge in market growth in Canada is attributed to the increased presence of leading multinational manufacturing companies unveiling technologically advanced utility vehicles. The appeal of recreational sports stands out as a significant factor driving the demand for ATVs and UTVs, particularly in activities like off-road racing. Despite this, a notable challenge is the insufficient availability of well-designed, secure, and tested off-road trails, coupled with a lack of awareness.

Competitive Outlook

The key companies listed in the electric ATV and UTV market include Deere and Company, BRP Inc, CFMoto, Polaris Inc, Textron Inc (Artic Cat), Honda Motor Company Ltd, and Yamaha Motor Co Ltd.

Table of Contents

113 Pages
1. North America 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. North America Electric Atv And Utv Market – By Vehicle Type
3.1. Atv
3.2. Utv
4. North America Electric Atv And Utv Market - By Displacement
4.1. ≤ 400 (Cc)
4.2. 400-800(Cc)
4.3. ≥ 800 (Cc)
5. North America Electric Atv And Utv Market - By Propulsion
5.1. Battery Electric
5.2. Hybrid
6. North America Electric Atv And Utv Market - By Battery Capacity
6.1. Up To 48v
6.2. 48v To 72v
6.3. Above 72v
7. North America 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. North America Electric Atv And Utv Market – By Country Outlook
8.1. United States
8.2. Canada
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: North America 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: North America Electric Atv And Utv Market, By Vehicle Type, 2024-2032 (In $ Million)
Table 6: North America Electric Atv And Utv Market, By Displacement, 2024-2032 (In $ Million)
Table 7: North America Electric Atv And Utv Market, By Propulsion, 2024-2032 (In $ Million)
Table 8: North America Electric Atv And Utv Market, By Battery Capacity, 2024-2032 (In $ Million)
Table 9: North America 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: North America Electric Atv And Utv Market, By Vehicle Type, 2023 & 2032 (In %)
Figure 4: North America Electric Atv And Utv Market, By Atv, 2024-2032 (In $ Million)
Figure 5: North America Electric Atv And Utv Market, By Utv, 2024-2032 (In $ Million)
Figure 6: North America Electric Atv And Utv Market, By Displacement, 2023 & 2032
Figure 7: North America Electric Atv And Utv Market, By ≤ 400 (Cc), 2024-2032 (In $ Million)
Figure 8: North America Electric Atv And Utv Market, By 400-800(Cc), 2024-2032 (In $ Million)
Figure 9: North America Electric Atv And Utv Market, By ≥ 800 (Cc), 2024-2032 (In $ Million)
Figure 10: North America Electric Atv And Utv Market, By Propulsion, 2023 & 2032 (In %)
Figure 11: North America Electric Atv And Utv Market, By Battery Electric, 2024-2032 (In $ Million)
Figure 12: North America Electric Atv And Utv Market, By Hybrid, 2024-2032 (In $ Million)
Figure 13: North America Electric Atv And Utv Market, By Battery Capacity, 2023 & 2032 (In %)
Figure 14: North America Electric Atv And Utv Market, By Up To 48v, 2024-2032 (In $ Million)
Figure 15: North America Electric Atv And Utv Market, By 48v To 72v, 2024-2032 (In $ Million)
Figure 16: North America Electric Atv And Utv Market, By Above 72v, 2024-2032 (In $ Million)
Figure 17: North America Electric Atv And Utv Market, By End-user, 2023 & 2032 (In %)
Figure 18: North America Electric Atv And Utv Market, By Recreational, 2024-2032 (In $ Million)
Figure 19: North America Electric Atv And Utv Market, By Sports, 2024-2032 (In $ Million)
Figure 20: North America Electric Atv And Utv Market, By Agriculture & Utility, 2024-2032 (In $ Million)
Figure 21: North America Electric Atv And Utv Market, By Military & Defense, 2024-2032 (In $ Million)
Figure 22: North America Electric Atv And Utv Market, By Other End-users, 2024-2032 (In $ Million)
Figure 23: United States Electric Atv And Utv Market 2024-2032 (In $ Million)
Figure 24: Canada Electric Atv And Utv Market 2024-2032 (In $ Million)

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