UTV market

UTV (Utility Terrain Vehicle) Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Automotive and Transportation
  • 74 Pages
  • Report code : PMR-6797762

  • 4.7 (158)

UTV Market

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UTV, namely Utility Terrain Vehicle, is defined as a vehicle:

-Designed for operation off of the highway

-Suspended on four or more low pressure or non-pneumatic tires

-Has a steering wheel for steering control

-Have one seat to accommodate a driver and one or more passenger sitting

UTV Market contains market size and forecasts of UTV (Utility Terrain Vehicle) in global, including the following market information:

Global UTV (Utility Terrain Vehicle) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global UTV (Utility Terrain Vehicle) Market Sales, 2017-2022, 2023-2028, (Units)

Global top five UTV (Utility Terrain Vehicle) companies in 2021 (%)

The global UTV (Utility Terrain Vehicle) market was valued at 5014.8 million in 2021 and is projected to reach US$ 6650.4 million by 2028, at a CAGR of 4.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 400 Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of UTV (Utility Terrain Vehicle) include Polaris, John Deere, Kawasaki, Yamaha Motor, Kubota, Arctic Cat, Honda, BRP and KYMCO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the UTV (Utility Terrain Vehicle) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global UTV (Utility Terrain Vehicle) Market, by Displacement (CC), 2017-2022, 2023-2028 ($ Millions) & (Units)

Global UTV (Utility Terrain Vehicle) Market Segment Percentages, by Displacement (CC), 2021 (%)

Below 400

400-800

Above 800

Global UTV (Utility Terrain Vehicle) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global UTV (Utility Terrain Vehicle) Market Segment Percentages, by Application, 2021 (%)

Work UTV

Sport UTV

Others

Global UTV (Utility Terrain Vehicle) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global UTV (Utility Terrain Vehicle) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies UTV (Utility Terrain Vehicle) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies UTV (Utility Terrain Vehicle) revenues share in global market, 2021 (%)

Key companies UTV (Utility Terrain Vehicle) sales in global market, 2017-2022 (Estimated), (Units)

Key companies UTV (Utility Terrain Vehicle) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Polaris

John Deere

Kawasaki

Yamaha Motor

Kubota

Arctic Cat

Honda

BRP

KYMCO

HSUN Motor

CFMOTO

Linhai Group

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