Off-Road High-Performance Vehicle Market Research Report Forecast 2027

Description

Off-Road High-Performance Vehicle Market Research Report Forecast 2027

Market Overview
By 2027, the market for off-road high-performance vehicles is anticipated to be worth USD 12,171.14 million, growing at a CAGR of 5.95%.

Off-road high-performance vehicles are portrayed by high power, high ground leeway, and capacity of performance that conventional vehicles can’t pull off. For the review, we have thought about all off-road vehicles and utility errand vehicles that are controlled by super motors and have a pull of 250 PS or more.

ATV manufacturing firms and organizations are creating ATV-specific experience zones to promote the use of off-road ATV vehicles all over the world. The artificially constructed tracks, numerous undulations, slush pits, inclines, and obstacles found in these ATV experience zones help to create an exhilarating route for ATV users to enjoy the excitement of riding an ATV. Major manufacturers of motorsports vehicles are also hosting events to raise awareness of experience zones.

To help new ATV riders become comfortable with using an ATV, the facilities also help. ATV experience zones promote off-roading culture and encourage amusement park owners and entrepreneurs in developing economies to explore adventure sports as a business vertical. During the forecast period, ATV experience zones are expected to drive the global Off-Road High-Performance Vehicle market.

Market Segmentation

The Global Off-Road High-Performance Vehicle Market is divided into two applications: defense and recreation. During the forecast period, the recreation segment is expected to have the highest CAGR and the largest market share. ROVs are motorized vehicles with four or more tires designed for off-road use and intended by the manufacturer for recreational use by one or more people. ROVs are designed to operate on terrain like that of all-terrain vehicles (ATVs).

Regional Analysis
North America controls a significant percentage of the Off-Road High-Performance Vehicle market. The rising demand for off-road vehicles and the growing number of Powersports experience zones in the United States, Canada, and Mexico drive up demand for off-road vehicle products in the region.

Because of the increasing use of these vehicles in recreational, construction, defense, and military activities, Europe is a key market for automotive vehicle manufacturers.

Because of the high employment rate and rising consumer purchasing power, Europe is actively adopting new technologies. The growing young population increased interest in sports competitions, and increased utility activities drive the European market for off-road high-performance vehicles. Because of major off-road high-performance vehicle manufacturers, Europe is a hub for car manufacturers.

Major Players
The key companies are ZRP (Valcourt), Suzuki Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), AEV Conversions (US), The Chelsea Truck Company (UK), Patriort Campers (Australia), Yamaha Motors Co, Ltd (Japan), Bowler Motors (UK), Wildcat Automotive (UK), Polaris Industries, Inc. (US), Rezvani Motors (US), Zarooq motors (UAE), Extreme Offroad & Performance (US), and Rally Fighter (US).

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries.

Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

 

2 MARKET INTRODUCTION

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

 

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 TOP-DOWN AND BOTTOM-UP APPROACH

3.6 FORECAST MODEL

3.7 LIST OF ASSUMPTIONS & LIMITATIONS

 

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 DRIVERS

4.2.1 INCREASING DEMAND FROM THE MILITARY SECTOR

4.2.2 INCREASE IN ATV EXPERIENCE ZONES

4.2.3 DRIVER IMPACT ANALYSIS

4.3 RESTRAINT

4.3.1 SLOWDOWN IN THE AUTOMOTIVE INDUSTRY

4.3.2 RESTRAINT IMPACT ANALYSIS

4.4 OPPORTUNITY

4.4.1 TECHNOLOGICAL ADVANCEMENTS IN OFF-ROAD VEHICLES

4.5 IMPACT ANALYSIS OF COVID-19

4.5.1 IMPACT ON OVERALL MOTORSPORTS INDUSTRY

4.5.1.1 ECONOMIC IMPACT ON THE MANUFACTURING INDUSTRY

4.5.2 IMPACT ON AUTOMOTIVE PRODUCTION

4.5.2.1 FORD

4.5.2.2 AMERICAN HONDA

4.5.2.3 FCA

4.5.2.4 KIA

4.5.2.5 VOLKSWAGEN

4.5.3 IMPACT ON THE OFF-ROAD HIGH-PERFORMANCE VEHICLE MARKET

4.5.4 IMPACT ON SUPPLY CHAIN OF OFF-ROAD HIGH-PERFORMANCE VEHICLE

4.5.4.1 PRODUCTION SHUTDOWN

4.5.4.2 CASH FLOW CONSTRAINTS

4.5.4.3 IMPACT ON IMPORT/EXPORT

 

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL

5.1.1 THREAT OF NEW ENTRANTS

5.1.2 BARGAINING POWER OF SUPPLIERS

5.1.3 THREAT OF SUBSTITUTES

5.1.4 BARGAINING POWER OF BUYERS

5.1.5 INTENSITY OF RIVALRY

5.2 SUPPLY CHAIN ANALYSIS: GLOBAL OFF-ROAD HIGH-PERFORMANCE VEHICLE MARKET

5.2.1 DESIGN AND DEVELOPMENT

5.2.2 RAW MATERIAL AND COMPONENT SUPPLY

5.2.3 MANUFACTURING AND ASSEMBLY

5.2.4 SUPPLY AND DISTRIBUTION

 

6 GLOBAL OFF-ROAD HIGH-PERFORMANCE VEHICLE MARKET, BY APPLICATION

6.1 OVERVIEW

6.2 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2019–2027

6.3 RECREATION

6.4 DEFENSE

 

7 GLOBAL OFF-ROAD HIGH-PERFORMANCE VEHICLE MARKET, BY REGION

7.1 OVERVIEW

7.2 MARKET ESTIMATES AND FORECAST, BY REGION, 2018–2027

7.3 NORTH AMERICA

7.3.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2027

7.3.2 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.3.3 US

7.3.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.3.5 CANADA

7.3.6 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.3.7 MEXICO

7.3.8 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4 EUROPE

7.4.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2027

7.4.2 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4.3 GERMANY

7.4.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4.5 FRANCE

7.4.6 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4.7 UK

7.4.8 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4.9 ITALY

7.4.10 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.4.11 REST OF EUROPE

7.4.12 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.5 ASIA-PACIFIC

7.5.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2027

7.5.2 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.5.3 CHINA

7.5.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.5.5 JAPAN

7.5.6 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.5.7 INDIA

7.5.8 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.5.9 REST OF ASIA-PACIFIC

7.5.10 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.6 SOUTH AMERICA

7.6.1 MARKET ESTIMATES AND FORECAST, BY COUNTRY, 2018–2027

7.6.2 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.6.3 ARGENTINA

7.6.4 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.6.5 BRAZIL

7.6.6 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.6.7 REST OF SOUTH AMERICA

7.6.8 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

7.7 MIDDLE EAST & AFRICA

7.7.1 MARKET ESTIMATES AND FORECAST, BY APPLICATION, 2018–2027

 

8 COMPETITIVE LANDSCAPE

8.1 OVERVIEW

8.2 COMPETITIVE BENCHMARKING

8.3 COMPETITOR DASHBOARD

8.4 KEY DEVELOPMENTS & GROWTH STRATEGIES

8.4.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENT/SERVICE DEPLOYMENTS

8.4.2 EXPANSION/ACQUISITION/CONTRACT

 

9 COMPANY PROFILE

9.1 BRP

9.1.1 COMPANY OVERVIEW

9.1.2 FINANCIAL OVERVIEW

9.1.3 PRODUCTS OFFERED

9.1.4 KEY DEVELOPMENTS

9.1.5 SWOT ANALYSIS

9.1.6 KEY STRATEGIES

9.2 POLARIS INDUSTRIES, INC.

9.2.1 COMPANY OVERVIEW

9.2.2 FINANCIAL OVERVIEW

9.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.2.4 KEY DEVELOPMENTS

9.2.5 SWOT ANALYSIS

9.2.6 KEY STRATEGIES

9.3 YAMAHA MOTORS CO., LTD

9.3.1 COMPANY OVERVIEW

9.3.2 FINANCIAL OVERVIEW

9.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.3.4 KEY DEVELOPMENTS

9.3.5 SWOT ANALYSIS

9.3.6 KEY STRATEGIES

9.4 SUZUKI MOTOR CORPORATION

9.4.1 COMPANY OVERVIEW

9.4.2 FINANCIAL OVERVIEW

9.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.4.4 KEY DEVELOPMENTS

9.4.5 SWOT ANALYSIS

9.4.6 KEY STRATEGIES

9.5 HONDA MOTORS CO., LTD

9.5.1 COMPANY OVERVIEW

9.5.2 FINANCIAL OVERVIEW

9.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.5.4 KEY DEVELOPMENTS

9.5.5 SWOT ANALYSIS

9.5.6 KEY STRATEGIES

9.6 AEV CONVERSIONS

9.6.1 COMPANY OVERVIEW

9.6.2 FINANCIAL OVERVIEW

9.6.3 PRODUCTS OFFERED

9.6.4 KEY DEVELOPMENTS

9.6.5 KEY STRATEGIES

9.7 PATRIOT CAMPERS (PCOR 4X4)

9.7.1 COMPANY OVERVIEW

9.7.2 FINANCIAL OVERVIEW

9.7.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED

9.7.4 KEY DEVELOPMENTS

9.7.5 KEY STRATEGIES

9.8 BOWLER MOTORS

9.8.1 COMPANY OVERVIEW

9.8.2 FINANCIAL OVERVIEW

9.8.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED

9.8.4 KEY DEVELOPMENTS

9.9 CHELSEA TRUCK COMPANY

9.9.1 COMPANY OVERVIEW

9.9.2 FINANCIAL OVERVIEW

9.9.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED

9.9.4 KEY DEVELOPMENTS

9.10 WILDCAT

9.10.1 COMPANY OVERVIEW

9.10.2 FINANCIAL OVERVIEW

9.10.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED

9.10.4 KEY DEVELOPMENTS

9.10.5 KEY STRATEGIES

9.11 EXTREME OFFROAD & PERFORMANCE

9.11.1 COMPANY OVERVIEW

9.11.2 FINANCIAL OVERVIEW

9.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.11.4 KEY DEVELOPMENTS

9.11.5 KEY STRATEGIES

9.12 REZVANI MOTORS

9.12.1 COMPANY OVERVIEW

9.12.2 FINANCIAL OVERVIEW

9.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.12.4 KEY DEVELOPMENTS

9.12.5 KEY STRATEGIES

9.13 ZAROOQ MOTORS

9.13.1 COMPANY OVERVIEW

9.13.2 FINANCIAL OVERVIEW

9.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.13.4 KEY DEVELOPMENTS

9.13.5 KEY STRATEGIES

9.14 RALLY FIGHTERS

9.14.1 COMPANY OVERVIEW

9.14.2 FINANCIAL OVERVIEW

9.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

9.14.4 KEY DEVELOPMENTS

9.14.5 KEY STRATEGIES

Related Report: Research Report on Southeast Asia Electric Vehicle Industry 2023-2032