All Terrain Vehicle Market Share, Size, Application Analysis, Growth, Regional Outlook, Strategies, Trend and Forecasts to 2024 | Hexa Research

The global All Terrain Vehicle (ATV) Market was estimated at USD 6 billion in 2015. It will grow at a CAGR of around 5% during the forecast period (2016-2024). The market should exceed USD 9 billion by 2024. All terrain vehicles (ATVs) are popularly known as quads, three-wheelers, quad bikes, or quadricycles. ATVs are single-seated open motor vehicles with either three or more tires. These tires are specifically designed for rough terrains. Quads are ridden over rugged grounds, sand dunes, or paved & unpaved roads. The growing trend of recreational…

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All-Terrain Vehicle Market Projected to Grow Steadily During (2017 – 2027)

All-terrain vehicles (ATVs) are three or more than three wheeled motorized vehicles with large tyres that are primarily used for off road activities. All-terrain vehicles are generally used in vineyards, ranches, farms and other agricultural work places. They include most quad bikes, smaller side-by-sides and amphibious vehicles. In early 1980s, all-terrain vehicles were first introduced in the U.S. for agricultural purposes. Over a decade, all-terrain vehicles have grown increasingly popular for recreational use. The latest trend in the all-terrain vehicles market is that manufacturing companies are forming associations to develop…

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