U.S. Utility Terrain Vehicle Market Size, Share, Trends, Growth 2032

U.S. Utility Terrain Vehicle Market

U.S. Utility Terrain Vehicle Market By Displacement (Above 800 cc, 400 - 800 cc, and Below 400 cc), By Application (Utility, Recreation, Sports, and Military), and By Region: Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2024 - 2032

Category: Automotive Report Format : PDF Pages: 110 Report Code: ZMR-5282 Published Date: Sep-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 5.76 Billion USD 9.23 Billion 5.38% 2023

U.S. Utility Terrain Vehicle Market

Table Of Content

  • Chapter 1. Executive Summary
  • Chapter 2. U.S. Utility Terrain Vehicle market – Displacement Analysis
    • 2.1. U.S. Utility Terrain Vehicle Market – Displacement Overview
    • 2.2. U.S. Utility Terrain Vehicle Market Share, by Displacement, 2018 & 2025 (USD Billion)
    • 2.3. Above 800 cc
      • 2.3.1. Above 800 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
    • 2.4. 400 – 800 cc
      • 2.4.1. 400 – 800 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
    • 2.5. Below 400 cc
      • 2.5.1. Below 400 cc U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
  • Chapter 3. U.S. Utility Terrain Vehicle market – Application Analysis
    • 3.1. U.S. Utility Terrain Vehicle Market – Application Overview
    • 3.2. U.S. Utility Terrain Vehicle Market Share, by Application, 2018 & 2025 (USD Billion)
    • 3.3. Utility
      • 3.3.1. Utility U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
    • 3.4. Recreation
      • 3.4.1. Recreation U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
    • 3.5. Sports
      • 3.5.1. Sports U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
    • 3.6. Military
      • 3.6.1. Military U.S. Utility Terrain Vehicle Market, 2015-2025 (USD Billion)
  • Chapter 4. U.S. Utility Terrain Vehicle market – Regional Analysis
    • 4.1. U.S. Utility Terrain Vehicle Market Regional Overview
    • 4.2. U.S. Utility Terrain Vehicle Market Share, by Region, 2018 & 2025 (Value)
    • 4.3. U.S.
      • 4.3.1. U.S. Utility Terrain Vehicle Market size and forecast, 2015-2025
      • 4.3.2. U.S. Utility Terrain Vehicle Market, by Country, 2018 & 2025 (USD Billion)
      • 4.3.3. U.S. Utility Terrain Vehicle Market, by Displacement, 2015-2025
        • 4.3.3.1. U.S. Utility Terrain Vehicle Market, by Displacement, 2015-2025 (USD Billion)
      • 4.3.4. U.S. Utility Terrain Vehicle Market, by Application, 2015-2025
        • 4.3.4.1. U.S. Utility Terrain Vehicle Market, by Application, 2015-2025 (USD Billion)
      • 4.3.5. South
        • 4.3.5.1. South Market size and forecast, 2015-2025 (USD Billion)
      • 4.3.6. Midwest
        • 4.3.6.1. Midwest Market size and forecast, 2015-2025 (USD Billion)
      • 4.3.7. Northeast
        • 4.3.7.1. Northeast Market size and forecast, 2015-2025 (USD Billion)
      • 4.3.8. West
        • 4.3.8.1. West Market size and forecast, 2015-2025 (USD Billion)
  • Chapter 5. U.S. Utility Terrain Vehicle market – Competitive Landscape
    • 5.1. Competitor Market Share – Revenue
    • 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    • 5.3. Strategic Development
      • 5.3.1. Acquisitions and Mergers
      • 5.3.2. New Products
      • 5.3.3. Research & Development Activities
  • Chapter 6. Company Profiles
    • 6.1. Kawasaki Motors Corporation
      • 6.1.1. Company Overview
      • 6.1.2. Kawasaki Motors Corporation Revenue and Gross Margin
      • 6.1.3. Product portfolio
      • 6.1.4. Recent initiatives
    • 6.2. Honda Motor Co. Ltd.
      • 6.2.1. Company Overview
      • 6.2.2. Honda Motor Co. Ltd. Revenue and Gross Margin
      • 6.2.3. Product portfolio
      • 6.2.4. Recent initiatives
    • 6.3. Caterpillar Inc.
      • 6.3.1. Company Overview
      • 6.3.2. Caterpillar Inc. Revenue and Gross Margin
      • 6.3.3. Product portfolio
      • 6.3.4. Recent initiatives
    • 6.4. Yamaha Motor Co. Ltd.
      • 6.4.1. Company Overview
      • 6.4.2. Yamaha Motor Co. Ltd. Revenue and Gross Margin
      • 6.4.3. Product portfolio
      • 6.4.4. Recent initiatives
    • 6.5. Deere & Company
      • 6.5.1. Company Overview
      • 6.5.2. Deere & Company Revenue and Gross Margin
      • 6.5.3. Product portfolio
      • 6.5.4. Recent initiatives
    • 6.6. Hisun Motors
      • 6.6.1. Company Overview
      • 6.6.2. Hisun Motors Revenue and Gross Margin
      • 6.6.3. Product portfolio
      • 6.6.4. Recent initiatives
    • 6.7. Arctic Cat Inc.
      • 6.7.1. Company Overview
      • 6.7.2. Arctic Cat Inc. Revenue and Gross Margin
      • 6.7.3. Product portfolio
      • 6.7.4. Recent initiatives
    • 6.8. KYMCO
      • 6.8.1. Company Overview
      • 6.8.2. KYMCO Revenue and Gross Margin
      • 6.8.3. Product portfolio
      • 6.8.4. Recent initiatives
    • 6.9. Polaris Inc.
      • 6.9.1. Company Overview
      • 6.9.2. Polaris Inc. Revenue and Gross Margin
      • 6.9.3. Product portfolio
      • 6.9.4. Recent initiatives
    • 6.10. Massimo Motor Sports LLC
      • 6.10.1. Company Overview
      • 6.10.2. Massimo Motor Sports LLC Revenue and Gross Margin
      • 6.10.3. Product portfolio
      • 6.10.4. Recent initiatives
    • 6.11. Bombardier Recreational Products (BRP)
      • 6.11.1. Company Overview
      • 6.11.2. Bombardier Recreational Products (BRP) Revenue and Gross Margin
      • 6.11.3. Product portfolio
      • 6.11.4. Recent initiatives
    • 6.12. CFMOTO
      • 6.12.1. Company Overview
      • 6.12.2. CFMOTO Revenue and Gross Margin
      • 6.12.3. Product portfolio
      • 6.12.4. Recent initiatives
    • 6.13. BMS Motorsports Inc.
      • 6.13.1. Company Overview
      • 6.13.2. BMS Motorsports Inc. Revenue and Gross Margin
      • 6.13.3. Product portfolio
      • 6.13.4. Recent initiatives
  • Chapter 7. U.S. Utility Terrain Vehicle — Industry Analysis
    • 7.1. U.S. Utility Terrain Vehicle Market – Key Trends
      • 7.1.1. Market Drivers
      • 7.1.2. Market Restraints
      • 7.1.3. Market Opportunities
    • 7.2. Value Chain Analysis
    • 7.3. Technology Roadmap and Timeline
    • 7.4. U.S. Utility Terrain Vehicle Market – Attractiveness Analysis
      • 7.4.1. By Displacement
      • 7.4.2. By Application
      • 7.4.3. By Region
  • Chapter 8. Marketing Strategy Analysis, Distributors
    • 8.1. Marketing Channel
    • 8.2. Direct Marketing
    • 8.3. Indirect Marketing
    • 8.4. Marketing Channel Development Trend
    • 8.5. Economic/Political Environmental Change
  • Chapter 9. Report Conclusion
  • Chapter 10. Research Approach & Methodology
    • 10.1. Report Description
    • 10.2. Research Scope
    • 10.3. Research Methodology
      • 10.3.1. Secondary Research
      • 10.3.2. Primary Research
      • 10.3.3. Models
        • 10.3.3.1. Company Share Analysis Model
        • 10.3.3.2. Revenue Based Modeling
        • 10.3.3.3. Research Limitations
           

Table Of Figures

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
 


Table Of Tables

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
 

Methodology

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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