Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.76 Billion | USD 9.23 Billion | 5.38% | 2023 |
List of Figures
FIG. 1 U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 2 U.S. Utility Terrain Vehicle Market Share, by Displacement, 2018 & 2025 (USD Billion)
FIG. 3 Above 800 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 4 400 – 800 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 5 Below 400 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 6 U.S. Utility Terrain Vehicle Market Share, by Application, 2018 & 2025 (USD Billion)
FIG. 7 Utility U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 8 Recreation U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 9 Sports U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 10 Military U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
FIG. 11 U.S. Utility Terrain Vehicle Market Share, by Region, 2018 & 2025
FIG. 12 U.S. Utility Terrain Vehicle Market, 2015-2025
FIG. 13 South U.S. Utility Terrain Vehicle Market, 2015-2025
FIG. 14 Midwest U.S. Utility Terrain Vehicle Market, 2015-2025
FIG. 15 Northeast U.S. Utility Terrain Vehicle Market, 2015-2025
FIG. 16 West U.S. Utility Terrain Vehicle Market, 2015-2025
FIG. 17 Competitor Market Share – Revenue
FIG. 18 Kawasaki Motors Corporation Revenue and Growth Rate
FIG. 19 Kawasaki Motors Corporation Market Share
FIG. 20 Honda Motor Co. Ltd. Revenue and Growth Rate
FIG. 21 Honda Motor Co. Ltd. Market Share
FIG. 22 Caterpillar Inc. Revenue and Growth Rate
FIG. 23 Caterpillar Inc. Market Share
FIG. 24 Yamaha Motor Co. Ltd. Revenue and Growth Rate
FIG. 25 Yamaha Motor Co. Ltd. Market Share
FIG. 26 Deere & Company Revenue and Growth Rate
FIG. 27 Deere & Company Market Share
FIG. 28 Hisun Motors Revenue and Growth Rate
FIG. 29 Hisun Motors Market Share
FIG. 30 Arctic Cat Inc. Revenue and Growth Rate
FIG. 31 Arctic Cat Inc. Market Share
FIG. 32 KYMCO Revenue and Growth Rate
FIG. 33 KYMCO Market Share
FIG. 34 Polaris Inc. Revenue and Growth Rate
FIG. 35 Polaris Inc. Market Share
FIG. 36 Massimo Motor Sports LLC Revenue and Growth Rate
FIG. 37 Massimo Motor Sports LLC Market Share
FIG. 38 Bombardier Recreational Products (BRP) Revenue and Growth Rate
FIG. 39 Bombardier Recreational Products (BRP) Market Share
FIG. 40 CFMOTO Revenue and Growth Rate
FIG. 41 CFMOTO Market Share
FIG. 42 BMS Motorsports Inc. Revenue and Growth Rate
FIG. 43 BMS Motorsports Inc. Market Share
FIG. 44 Market Dynamics
FIG. 45 U.S. Utility Terrain Vehicle – Value Chain Analysis
FIG. 46 Technology Roadmap and Timeline
FIG. 47 Market Attractiveness Analysis – By Displacement
FIG. 48 Market Attractiveness Analysis – By Application
FIG. 49 Market Attractiveness Analysis – By Region
FIG. 50 Market Channel
FIG. 51 Marketing Channel Development Trend
FIG. 52 Growth in World Gross Product, 2008-2018
List of Tables
TABLE 1 U.S. Utility Terrain Vehicle Market, 2018 & 2025 (USD Billion)
TABLE 2 U.S. Utility Terrain Vehicle market, by Displacement, 2015-2025 (USD Billion)
TABLE 3 U.S. Utility Terrain Vehicle market, by Application, 2015-2025 (USD Billion)
TABLE 4 U.S. Utility Terrain Vehicle market, by Region, 2015-2025 (USD Billion)
TABLE 5 U.S. Utility Terrain Vehicle Market, by Displacement, 2015-2025 (USD Billion)
TABLE 6 U.S. Utility Terrain Vehicle Market, by Application, 2015-2025 (USD Billion)
TABLE 7 U.S. Utility Terrain Vehicle Market - Company Revenue Analysis 2015-2019 (USD Billion)
TABLE 8 U.S. Utility Terrain Vehicle Market - Company Revenue Share Analysis 2015-2019(%)
TABLE 9 Acquisitions and Mergers
TABLE 10 New Product/Service Launch
TABLE 11 Research & Development Activities
TABLE 12 Market Drivers
TABLE 13 Market Restraints
TABLE 14 Market Opportunities
FrequentlyAsked Questions
A side-by-side, which is also referred to as a U.S. utility terrain vehicle (UTV), is a form of off-road vehicle that is intended for both recreational and utility purposes. Typically, UTVs are equipped with a variety of features that are suitable for a variety of duties and have a seating arrangement that accommodates multiple passengers in a side-by-side configuration.
The demand for UTVs is being driven by the increasing popularity of outdoor recreational activities, such as hunting, camping, and off-roading.
According to Zion Market Research, the global U.S. Utility Terrain Vehicle Market was worth USD 5.76 Billion in 2023. The market is forecast to reach USD 9.23 Billion by 2032.
According to Zion Market Research, the global U.S. Utility Terrain Vehicle Market a compound annual growth rate (CAGR) of 5.38% during the forecast period 2024-2032.
The regional segmentation comprises the past, present, and estimated demand for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Kawasaki Motors Corporation, Honda Motor Co. Ltd., Caterpillar Inc., Yamaha Motor Co. Ltd., Deere & Company, Hisun Motors, Arctic Cat Inc., KYMCO, Polaris Inc., Massimo Motor Sports LLC, Bombardier Recreational Products (BRP), CFMOTO, and BMS Motorsports Inc
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