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An all-terrain vehicle (ATV), also known as a quad, quad bike, three-wheeler, four-wheeler or quadricycle as defined by the American National Standards Institute (ANSI) is a vehicle that travels on low-pressure tires, with a seat that is straddled by the operator, along with handlebars for steering control. As the name implies, it is designed to handle a wider variety of terrain than most other vehicles. Although it is a street-legal vehicle in some countries, it is not street-legal within most states and provinces of Australia, the United States or Canada.
The global ATVs+2 & 3 Wheeler market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
India, the most important two and three wheeler market, has overtaken China to emerge as the world's biggest market for two-wheelers continued its growth trend in 2016. The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages.
The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. China instead recorded decreasing volumes in 2016, down by 12% compared to the previous year and ending the period with nearly 16.8 million units production. The China domestic two and three wheeler industry will continue to face rising labor costs, lower market demand, more stringent price competition between enterprises. Overall, the domestic part of the city's ban on two wheeler policy will limit the consumption of the domestic motorcycle industry, but the devaluation of the renminbi and the export tax rebate rate of the motorcycle exports have played a positive impact, the motorcycle industry is entering a slow adjustment period. We forecast that China two and three wheeler market will keep a -3.87% CAGR decrease in 2016-2023F.
This report aims to provide a comprehensive presentation of the global market for ATVs+2 & 3 Wheeler, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ATVs+2 & 3 Wheeler.
Report Scope
The ATVs+2 & 3 Wheeler market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global ATVs+2 & 3 Wheeler market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the ATVs+2 & 3 Wheeler manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honda
Hero MotoCorp Ltd
Bajaj Auto Ltd
TVS Motor Company Ltd
Yamaha
Suzuki
Jiangmen Grand River Group Co., Ltd.
Loncin Holding Ltd.
Lifan Industry (Group) Co., Ltd.
Luoyang Northern Enterprises Group Co., Ltd.
Guangzhou Dayang Motorcycle Co., Ltd.
Zongshen Industrial Group Co., Ltd.
Jianshe Industries (Group) Co., Ltd.
Chongqing Yinxiang Motorcycle (Group) Co., Ltd.
Wuyang-Honda Motors (Guangzhou) Co., Ltd.
China Jialing Industrial Co., Ltd.
Sundiro Honda Motorcycle Co., Ltd.
Qianjiang Group Co., Ltd.
Piaggio
Kwang Yang (Kymco)
Kawasaki
Polaris
Arctic Cat
Can-Am
Segment by Type
Less than 200 ml
201-400 ml
401-700 ml
More than 700 ml
Segment by Application
Sports and Leisure
Agriculture
Out-Door Work
Military Forces
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of ATVs+2 & 3 Wheeler manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of ATVs+2 & 3 Wheeler by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of ATVs+2 & 3 Wheeler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global ATVs+2 & 3 Wheeler market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
India, the most important two and three wheeler market, has overtaken China to emerge as the world's biggest market for two-wheelers continued its growth trend in 2016. The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages.
The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. China instead recorded decreasing volumes in 2016, down by 12% compared to the previous year and ending the period with nearly 16.8 million units production. The China domestic two and three wheeler industry will continue to face rising labor costs, lower market demand, more stringent price competition between enterprises. Overall, the domestic part of the city's ban on two wheeler policy will limit the consumption of the domestic motorcycle industry, but the devaluation of the renminbi and the export tax rebate rate of the motorcycle exports have played a positive impact, the motorcycle industry is entering a slow adjustment period. We forecast that China two and three wheeler market will keep a -3.87% CAGR decrease in 2016-2023F.
This report aims to provide a comprehensive presentation of the global market for ATVs+2 & 3 Wheeler, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ATVs+2 & 3 Wheeler.
Report Scope
The ATVs+2 & 3 Wheeler market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global ATVs+2 & 3 Wheeler market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the ATVs+2 & 3 Wheeler manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honda
Hero MotoCorp Ltd
Bajaj Auto Ltd
TVS Motor Company Ltd
Yamaha
Suzuki
Jiangmen Grand River Group Co., Ltd.
Loncin Holding Ltd.
Lifan Industry (Group) Co., Ltd.
Luoyang Northern Enterprises Group Co., Ltd.
Guangzhou Dayang Motorcycle Co., Ltd.
Zongshen Industrial Group Co., Ltd.
Jianshe Industries (Group) Co., Ltd.
Chongqing Yinxiang Motorcycle (Group) Co., Ltd.
Wuyang-Honda Motors (Guangzhou) Co., Ltd.
China Jialing Industrial Co., Ltd.
Sundiro Honda Motorcycle Co., Ltd.
Qianjiang Group Co., Ltd.
Piaggio
Kwang Yang (Kymco)
Kawasaki
Polaris
Arctic Cat
Can-Am
Segment by Type
Less than 200 ml
201-400 ml
401-700 ml
More than 700 ml
Segment by Application
Sports and Leisure
Agriculture
Out-Door Work
Military Forces
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of ATVs+2 & 3 Wheeler manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of ATVs+2 & 3 Wheeler by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of ATVs+2 & 3 Wheeler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
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