Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market - A Global and Regional Analysis

Focus on Product, Application and Trends - Analysis and Forecast, 2022-2031

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A quick peek into the report

Market Report Coverage

Electric ATV and UTV Market
Forecast Period: 2022-2031
CAGR During Forecast Period: 21.4%

Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

Base Year

2021

Market Size in 2021

$680.4 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$4,746.4 Million

CAGR During Forecast Period

21.4%

Number of Tables

161

Number of Pages

275

Number of Figures

95

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    Electric All-Terrain Vehicle Manufacturers
        o    CFMOTO
        o    Eco Charger
        o    DRR U.S.A.
        o    Tesla, Inc.

•    Electric Utility-Terrain Vehicle Manufacturers
        o    Artic Cat, Inc.
        o    HISUN Motors Corporation
        o    Honda Motor Co., Ltd.
        o    John Deere
        o    American LandMaster
        o    Intimidator UTV
        o    Polaris Industries Inc.
        o    Club Car LLC

•    Electric All-Terrain Vehicle and Utility-Terrain Vehicle Manufacturers
        o    Bombardier Recreational Products Inc. (BRP)
        o    LINHAI Group Co., Ltd.
        o    Segway Technology Co., Ltd.

How Can This Report Add Value?

The study provides the readers with a detailed understanding of the electric ATV and UTV market by application and product.

Product/Innovation Strategy: The product segment helps the readers understand the different electric all-terrain vehicles (ATVs) and utility-terrain vehicles (UTVs). Also, the study provides the readers with a detailed understanding of the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market by application and product.

Growth/Marketing Strategy: To improve the capabilities of their product offerings, players in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market are developing unique products. The readers will be able to comprehend the revenue-generating tactics used by players in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market by looking at the growth/marketing strategies. Other market participants' tactics, such as go-to-market plans, will also assist readers in making strategic judgments.

Competitive Strategy: Players analyzed and profiled in the study include the global electric all-terrain vehicle (ATV), and the utility-terrain vehicle (UTV) market are vehicle manufacturers that capture the maximum share in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market. Moreover, a detailed competitive benchmarking of the players operating in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market has been done to help the readers understand how players compete against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and mergers and acquisitions are expected to aid the readers in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

The market was estimated to be at $680.4 million in 2021, which is expected to grow with a CAGR of 21.4% and reach $4,746.4 millio

Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market: Industry Overview

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market was estimated to be at $680.4 million in 2021, which is expected to grow with a CAGR of 21.4% and reach $4,746.4 million by 2031. The growth in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is expected to be driven by the low cost of ownership of electric ATVs and UTVs, increasing ATV and UTV use in military and recreational activities, and rising global awareness to reduce greenhouse gas emissions.

Market Lifecycle Stage

All-terrain vehicles (ATVs) and utility-terrain vehicles (UTVs) are becoming increasingly popular in various applications around the world. The vehicles' capacity to operate through a variety of terrains has increased their popularity. ATVs and UTVs have conventionally been used for sports and recreation, with riders riding through various natural parks and hiking trails. These vehicles are also useful in various areas, including agriculture, shipping yards, and warehouses. Moreover, electric drivetrain utilization in ATVs and UTVs has increased with the progress in-vehicle technology. Electric drivetrains were first used in low-speed vehicles, which were then used in various applications such as golf courses, hotels, and other recreational areas. The adoption of the electric drivetrain in additional applications of ATVs and UTVs, such as sports, utility, and military, will expand as vehicle battery technology improves to boost the vehicle's range and charging efficiency.

Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

Impact of Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

An increase in EV safety requirements, increased demand for a better driving experience, and the low cost of maintenance for EVs contribute to the growing application areas for electric ATVs and UTVs. Furthermore, governments and federal agencies are making significant investments in subsidies and infrastructure development to promote electric vehicles to reduce carbon dioxide emissions, fuelling the growth of electric ATV and UTV sales.

Market Segmentation:

Segmentation 1: by Application Type
•    Professional Sports
•    Recreational
•    Agriculture and Utility
•    Military and Defense
•    Others

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by recreation application. Electric ATVs and UTVs used for recreational purposes are vehicles that are designed while keeping off-road-specific requirements of users in rough terrains, including sandy areas, grasslands, and mountain trails. Primarily used for camping, off-roading, hunting, and fishing, recreational ATVs and UTVs are becoming increasingly popular for leisure, recreation, and tourism applications. In such areas, various internal combustion engine ATVs and UTVs are used. However, as battery technology advances and EV range and load capacity improve, the use of electric ATVs and UTVs would increase.

Segmentation 2: by Propulsion Type
•    Battery Electric ATVs and UTVs
•    Hybrid Electric ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by battery-electric ATVs and UTVs (BEVs). As BEVs are powered solely by the vehicle's battery systems, advancements in battery technology, combined with government mandates for better vehicle efficiency, have increased their adoption. Due to the falling cost of pure EVs and the development of EV infrastructure in many nations, BEV sales are expected to increase compared to HEV sales.

Segmentation 3: by Drivetrain Type
•    Two-Wheel Drive (2WD)
•    Four-Wheel Drive (4WD)
•    All-Wheel Drive (AWD)

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by Four-Wheel Drive (4WD). Four-wheel drive (4WD) is in high demand based on drivetrain type in different parts of the world. 4WDs are higher in demand than their counterparts and have a wide range of application usage. Four-wheel-drive vehicles can easily tackle rocky terrain, steep hills, and deep water compared to a 2WD vehicle. 4WD vehicles are better for driving on slippery winter streets, through mud, and on loose surfaces such as sand.

Segmentation 4: by Engine Type
•    Less than 400 CC
•    400 CC to 800 CC
•    More than 800 CC

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by 400 to 800 CC engine types. As ATVs and UTVs are robust vehicles, the most popular versions with widespread use have engines ranging from 400 to 800 cubic centimeters.

Segmentation 5: by Battery Capacity
•    Up to 48V
•    48V to 72V
•    More than 72V

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by 48V to 72V battery capacity as battery packs between 48V and 72V are developed for smaller electric vehicles such as low-speed vehicles.

Segmentation 6: by Number of Wheels
•    Four-Wheeled ATVs and UTVs
•    More than Four-Wheeled ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by four-wheeled ATVs and UTVs, as most commercially available electric ATVs and UTVs use a four-wheel setup. A four-wheeled drive vehicle is generally utilized for everyday recreational activities and racing events. They can also be utilized for light vehicle towing and people and cargo transportation.

Segmentation 7: by Seating Capacity
•    One-Seater ATVs and UTVs 
•    Two-Seater ATVs and UTVs 
•    More than Two-Seater ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by two-seater ATVs and UTVs. UTVs with two seats are the most popular type of UTVs in this segment. They are explicitly designed to carry more than one person. Therefore, the structure of the vehicle is made extremely lightweight to compensate for the increase in the weight of the vehicle.

Segmentation 8: by Region
•    North America
•    South America
•    Europe
•    U.K.
•    Middle East and Africa
•    China
•    Asia-Pacific and Japan

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by North America. Government regulations, technological advancements, significant investments in dedicated R&D facilities, a variety of natural parks and hikes, a variety of ATV and UTV racing competitions, and the presence of major electric ATV and UTV manufacturing OEMs and Tier 1 companies are some of the major drivers propelling the market's growth in North America.

Recent Developments in the Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

•    In December 2021, Tesla introduced its all-electric ATV quadbike called Cyberquad in partnership with Radio Flyer.
•    In February 2022, American Landmaster joined the electric UTV fray to provide electric-powered UTVs with a towing capacity of 1,200LBS in 2-door and 4-door versions in 4X2 driving mode.
•    In February 2022, Segway Powersports expanded the availability of Fugleman side-by-side to over 40 dealerships across the U.S.

Demand – Drivers and Limitations

Following are the demand drivers for the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market:

•    Low Cost of Ownership of Electric ATVs and UTVs
•    Low Noise Emissions from Electric ATVs and UTVs Improve their Applicability
•    Increasing Global Awareness to Reduce Greenhouse Gas Emissions
•    Increasing ATV and UTV Use in Military and Recreational Activities
•    Shifting Focus Toward Electric Variants

Following are the challenges for the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market:

•    Higher Retail Prices than Internal Combustion Engine ATVs and UTVs
•    Range Anxiety and Impact of High Battery Weight on Vehicle Performance
•    Impact of High Battery Weight on Vehicle’s Performance

Analyst's Thoughts

According to Dhrubajyoti Narayan, Lead Analyst, BIS Research, "According to the American National Standards Institute, an ATV is a vehicle with operator straddled seats and steering wheel handlebars that run on low-pressure tires and is designed for climbing a wider range of terrain than most other commercially available vehicles. Several major electric ATV and UTV manufacturers have released electric variants of their products. The market for electric ATVs and UTVs is expected to grow as governments worldwide begin implementing strategies to increase EV sales and phase out IC engine vehicles in their countries."

Table of Contents

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1.1    Industry Outlook
         1.1.1    Trends and Factors Impacting the Global All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market
         1.1.2    Trends: Industry Dynamics Defining the Future Trends of Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market
         1.1.3    Timeline for the Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV)
         1.1.4    Supply Chain Network/MAP
                     1.1.4.1    Manufacturers
                     1.1.4.2    Distributors
                     1.1.4.3    Tier-1 Suppliers
         1.1.5    Role of Conventional ATV and UTV Manufacturers
         1.1.6    Industry Attractiveness: Porter’s Five Forces Analysis
                     1.1.6.1    Threat of New Entrants
                     1.1.6.2    Bargaining Power of Buyers
                     1.1.6.3    Bargaining Power of Suppliers
                     1.1.6.4    Threat from Substitutes
                     1.1.6.5    Intensity of Competitive Rivalry
         1.1.7    Ecosystem/Ongoing Programs
                     1.1.7.1    Consortiums, Associations, and Regulatory Bodies
                     1.1.7.2    Government Programs
1.2    Business Dynamics
         1.2.1    Business Drivers
                     1.2.1.1    Low Cost of Ownership of Electric ATVs and UTVs
                     1.2.1.2    Low Noise Emissions from Electric ATVs and UTVs Improve their Applicability
                     1.2.1.3    Increasing Global Awareness to Reduce Greenhouse Gas Emissions
                     1.2.1.4    Increasing ATV and UTV Use in Military and Recreational Activities
                     1.2.1.5    Shifting Focus Toward Electric Variants
         1.2.2    Business Challenges
                     1.2.2.1    Higher Retail Prices than Internal Combustion Engine ATVs  and UTVs
                     1.2.2.2    Range Anxiety and Impact of High Battery Weight on Vehicle Performance
                     1.2.2.3    Impact of High Battery Weight on Vehicle’s Performance
         1.2.3    Business Strategies
                     1.2.3.1    Product Development
                     1.2.3.2    Market Development
         1.2.4    Corporate Strategies
                     1.2.4.1    Mergers and Acquisitions
                     1.2.4.2    Partnerships, Collaborations, and Joint Ventures
         1.2.5    Business Opportunities
                     1.2.5.1    Development of Amphibious Terrain Vehicles
                     1.2.5.2    Development of Autonomous ATVs and UTVs
                     1.2.5.3    Capitalizing on the Micro Mobility Trend
                     1.2.5.4    Focus on Lithium Iron Phosphate Batteries
1.3    Case Study of Global Electric ATV and UTV Market
         1.3.1    Business Model Analysis
         1.3.2    Identifying the Best Site to Manufacture Product within the U.S.
1.4    Perval Scale Analysis for Consumer Perception of Electric ATV and UTV
1.5    Key Applications Where Electric ATVs and UTVs Find a Serviceable Market
1.6    Start-Up Landscape
         1.6.1    Key Start-Ups in the Ecosystem
         1.6.2    Top Innovations
                     1.6.2.1    Innovation Opportunities

2.1    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market - Applications and Specifications
         2.1.1    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application)
                     2.1.1.1    Professional Sports
                     2.1.1.2    Recreational
                     2.1.1.3    Agriculture and Utility
                     2.1.1.4    Military and Defense
                     2.1.1.5    Others
2.2    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) – Applications and Specifications
         2.2.1    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application)
                     2.2.1.1    Professional Sports
                     2.2.1.2    Recreational
                     2.2.1.3    Agriculture
                     2.2.1.4    Military and Defense
                     2.2.1.5    Others
2.3    Demand Analysis of the Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application)
         2.3.1    Demand Analysis of the Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit, 2021-2031
                     2.3.1.1    Professional Sports
                     2.3.1.2    Recreation
                     2.3.1.3    Agriculture and Utility
                     2.3.1.4    Military and Defense
                     2.3.1.5    Others
2.4    Demand Analysis of the Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application)
         2.4.1    Demand Analysis of the Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     2.4.1.1    Professional Sports
                     2.4.1.2    Recreation
                     2.4.1.3    Agriculture and Utility
                     2.4.1.4    Military and Defense
                     2.4.1.5    Others
2.5    Analyst’s PoV and Recommendation

3.1    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market - Products and Specifications
         3.1.1    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product)
                     3.1.1.1    All-Terrain Vehicle (ATV)
                     3.1.1.2    Utility-Terrain Vehicles (UTV)
3.2    Demand Analysis of the Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product)
         3.2.1    Demand Analysis of the Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product)
                     3.2.1.1    All-Terrain Vehicle (ATV)
                     3.2.1.2    Utility-Terrain Vehicle (UTV)
3.3    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market - Products and Specifications
         3.3.1    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type)
                     3.3.1.1    Battery Electric ATVs and UTVs
                     3.3.1.2    Hybrid Electric ATVs and UTVs
3.4    Demand Analysis of Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product)
         3.4.1    Demand Analysis of Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million and Thousand Unit
                     3.4.1.1    Battery Electric ATVs and UTVs
                     3.4.1.2    Hybrid Electric ATVs and UTVs
         3.4.2    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Drivetrain Type)
                     3.4.2.1    Two-Wheel Drive (2WD)
                     3.4.2.2    Four-Wheel Drive (4WD)
                     3.4.2.3    All-Wheel Drive (AWD)
         3.4.3    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Engine Size)
                     3.4.3.1    Less than 400 CC
                     3.4.3.2    400 CC to 800 CC
                     3.4.3.3    More than 800 CC
         3.4.4    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Battery Capacity)
                     3.4.4.1    Up to 48V
                     3.4.4.2    48V to 72V
                     3.4.4.3    More than 72V
         3.4.5    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Number of Wheels)
                     3.4.5.1    Four-Wheeled ATVs and UTVs
                     3.4.5.2    More than Four-Wheeled ATVs and UTVs
         3.4.6    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Seating Capacity)
                     3.4.6.1    One-Seater ATVs and UTVs
                     3.4.6.2    Two-Seater ATVs and UTVs
                     3.4.6.3    More than Two-Seater ATVs and UTVs
3.5    Product Benchmarking: Growth Rate – Market Share Matrix
         3.5.1    Opportunity Matrix (by Region)
         3.5.2    Opportunity Matrix (by Application)
3.6    Key Patents
3.7    Global Pricing Analysis
3.8    Technology Roadmap
3.9    Comparative Analysis of All-Terrain Vehicles (ATVs) and Utility-Terrain Vehicles (UTVs): Electric vs. Internal Combustion Engine
3.10    Analyst’s PoV and Recommendation

4.1    North America
         4.1.1    Market
                     4.1.1.1    Industry Outlook: ATV and UTV Market
                     4.1.1.2    Key Manufacturers in North America
                     4.1.1.3    Competitive Benchmarking
                                    4.1.1.3.1    ATVs and UTVs
                                    4.1.1.3.2    Electric ATVs and UTVs
                     4.1.1.4    Business Challenges
                     4.1.1.5    Business Drivers
         4.1.2    Application
                     4.1.2.1    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     4.1.2.2    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Units
         4.1.3    Product
                     4.1.3.1    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.1.3.2    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million and Thousand Unit
         4.1.4    North America (by Country)
                     4.1.4.1    U.S.
                                    4.1.4.1.1    Market
                                                      4.1.4.1.1.1    Overview
                                                      4.1.4.1.1.2    Key Manufacturers and Suppliers in the U.S.
                                                      4.1.4.1.1.3    Key ATV and UTV Distributors in the U.S.
                                                      4.1.4.1.1.4    Business Challenges
                                                      4.1.4.1.1.5    Business Drivers
                                    4.1.4.1.2    Application
                                                      4.1.4.1.2.1    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.1.4.1.2.2    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Units
                                    4.1.4.1.3    Product
                                                      4.1.4.1.3.1    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.1.4.1.3.2    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Thousand Unit
                     4.1.4.2    Canada
                                    4.1.4.2.1    Market
                                                      4.1.4.2.1.1    Overview
                                                      4.1.4.2.1.2    Key Manufacturers and Suppliers in Canada
                                                      4.1.4.2.1.3    Key ATV and UTV Distributors in Canada
                                                      4.1.4.2.1.4    Business Challenges
                                                      4.1.4.2.1.5    Business Drivers
                                    4.1.4.2.2    Application
                                                      4.1.4.2.2.1    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.1.4.2.2.2    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
                                    4.1.4.2.3    Product
                                                      4.1.4.2.3.1    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.1.4.2.3.2    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
                     4.1.4.3    Mexico
                                    4.1.4.3.1    Market
                                                      4.1.4.3.1.1    Overview
                                                      4.1.4.3.1.2    Key Manufacturers and Suppliers in Mexico
                                                      4.1.4.3.1.3    Key ATV and UTV Distributors in Mexico
                                                      4.1.4.3.1.4    Business Challenges
                                                      4.1.4.3.1.5    Business Drivers
                                    4.1.4.3.2    Application
                                                      4.1.4.3.2.1    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.1.4.3.2.2    Mexico Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million
                                    4.1.4.3.3    Product
                                                      4.1.4.3.3.1    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.1.4.3.3.2    Mexico Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
4.2    South America
         4.2.1    Market
                     4.2.1.1    Industry Outlook: ATV and UTV Market
                     4.2.1.2    Key Manufacturers in South America
                     4.2.1.3    Key ATV and UTV Distributors in South America
                     4.2.1.4    Competitive Benchmarking
                                    4.2.1.4.1    ATVs and UTVs
                                    4.2.1.4.2    Electric ATVs and UTVs
                     4.2.1.5    Business Drivers
                     4.2.1.6    Business Challenges
         4.2.2    Application
                     4.2.2.1    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     4.2.2.2    South America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand
         4.2.3    Product
                     4.2.3.1    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.2.3.2    South America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Thousand and Unit
4.3    Europe
         4.3.1    Market
                     4.3.1.1    Industry Outlook: ATV and UTV Market
                     4.3.1.2    Key Manufacturers in Europe
                     4.3.1.3    Competitive Benchmarking
                                    4.3.1.3.1    ATVs and UTVs
                                    4.3.1.3.2    Electric ATVs and UTVs
                     4.3.1.4    Business Drivers
                     4.3.1.5    Business Challenges
         4.3.2    Application
                     4.3.2.1    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     4.3.2.2    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
         4.3.3    Product
                     4.3.3.1    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.3.3.2    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million and Unit
         4.3.4    Europe (by Country)
                     4.3.4.1    Germany
                                    4.3.4.1.1    Market
                                                      4.3.4.1.1.1    Overview
                                                      4.3.4.1.1.2    Key Manufacturers and Suppliers in Germany
                                                      4.3.4.1.1.3    Key ATV and UTV Distributors in Germany
                                                      4.3.4.1.1.4    Business Challenges
                                                      4.3.4.1.1.5    Business Drivers
                                    4.3.4.1.2    Application
                                                      4.3.4.1.2.1    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.3.4.1.2.2    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
                                    4.3.4.1.3    Product
                                                      4.3.4.1.3.1    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.3.4.1.3.2    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
                     4.3.4.2    France
                                    4.3.4.2.1    Market
                                                      4.3.4.2.1.1    Overview
                                                      4.3.4.2.1.2    Key Manufacturers and Suppliers in France
                                                      4.3.4.2.1.3    Key ATV and UTV Distributors in France
                                                      4.3.4.2.1.4    Business Challenges
                                                      4.3.4.2.1.5    Business Drivers
                                    4.3.4.2.2    Application
                                                      4.3.4.2.2.1    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.3.4.2.2.2    France Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million
                                    4.3.4.2.3    Product
                                                      4.3.4.2.3.1    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.3.4.2.3.2    France Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
                     4.3.4.3    Rest-of-Europe
                                    4.3.4.3.1    Market
                                                      4.3.4.3.1.1    Overview
                                                      4.3.4.3.1.2    Key Manufacturers and Suppliers in the Rest-of-Europe
                                                      4.3.4.3.1.3    Key ATV and UTV Distributors in Rest-of-Europe
                                                      4.3.4.3.1.4    Business Challenges
                                                      4.3.4.3.1.5    Business Drivers
                                    4.3.4.3.2    Application
                                                      4.3.4.3.2.1    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.3.4.3.2.2    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
                                    4.3.4.3.3    Product
                                                      4.3.4.3.3.1    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.3.4.3.3.2    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
4.4    U.K.
         4.4.1    Market
                     4.4.1.1    Industry Outlook: ATV and UTV Market
                     4.4.1.2    Key Manufacturers in the U.K.
                     4.4.1.3    Key ATV and UTV Distributors in the U.K.
                     4.4.1.4    Competitive Benchmarking
                                    4.4.1.4.1    ATVs and UTVs
                                    4.4.1.4.2    Electric ATVs and UTVs
                     4.4.1.5    Business Drivers
                     4.4.1.6    Business Challenges
         4.4.2    Application
                     4.4.2.1    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     4.4.2.2    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
         4.4.3    Product
                     4.4.3.1    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.4.3.2    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million and Unit
4.5    Asia-Pacific and Japan (APJ)
         4.5.1    Market
                     4.5.1.1    Industry Outlook: ATV and UTV Market
                     4.5.1.2    Key Manufacturers in Asia-Pacific and Japan
                     4.5.1.3    Competitive Benchmarking
                                    4.5.1.3.1    ATVs and UTVs
                                    4.5.1.3.2    Electric ATVs and UTVs
                     4.5.1.4    Business Drivers
                     4.5.1.5    Business Challenges
         4.5.2    Application
                     4.5.2.1    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit    
                     4.5.2.2    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Unit
         4.5.3    Product
                     4.5.3.1    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.5.3.2    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
         4.5.4    Asia-Pacific and Japan (by Country)
                     4.5.4.1    Japan
                                    4.5.4.1.1    Market
                                                      4.5.4.1.1.1    Overview
                                                      4.5.4.1.1.2    Key Manufacturers and Suppliers in Japan
                                                      4.5.4.1.1.3    Key ATV and UTV Distributors in Japan
                                                      4.5.4.1.1.4    Business Challenges
                                                      4.5.4.1.1.5    Business Drivers
                                    4.5.4.1.2    Application
                                                      4.5.4.1.2.1    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.5.4.1.2.2    Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand and Unit
                                    4.5.4.1.3    Product
                                                      4.5.4.1.3.1    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.5.4.1.3.2    Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Thousand and Unit
                     4.5.4.2    South Korea
                                    4.5.4.2.1    Market
                                                      4.5.4.2.1.1    Overview
                                                      4.5.4.2.1.2    Key Manufacturers and Suppliers in South Korea
                                                      4.5.4.2.1.3    Key ATV and UTV Distributors in South Korea
                                                      4.5.4.2.1.4    Business Challenges
                                                      4.5.4.2.1.5    Business Drivers
                                    4.5.4.2.2    Application
                                                      4.5.4.2.2.1    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.5.4.2.2.2    South Korea Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand
                                    4.5.4.2.3    Product
                                                      4.5.4.2.3.1    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.5.4.2.3.2    South Korea Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Thousand and Unit
                     4.5.4.3    Rest-of-Asia-Pacific
                                    4.5.4.3.1    Market
                                                      4.5.4.3.1.1    Overview
                                                      4.5.4.3.1.2    Key Manufacturers and Suppliers in the Rest-of-Asia-Pacific
                                                      4.5.4.3.1.3    Key ATV and UTV Distributors in the Rest-of-Asia-Pacific
                                                      4.5.4.3.1.4    Business Challenges
                                                      4.5.4.3.1.5    Business Drivers
                                    4.5.4.3.2    Application
                                                      4.5.4.3.2.1    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                                                      4.5.4.3.2.2    Rest-of-Asia-Pacific Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million
                                    4.5.4.3.3    Product
                                                      4.5.4.3.3.1    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                                                      4.5.4.3.3.2    Rest-of-Asia-Pacific Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Million and Unit
4.6    China
         4.6.1    Market
                     4.6.1.1    Industry Outlook: ATV and UTV Market
                     4.6.1.2    Key Manufacturers in China
                     4.6.1.3    Key ATV and UTV Distributors in China
                     4.6.1.4    Competitive Benchmarking
                                    4.6.1.4.1    ATVs and UTVs
                                    4.6.1.4.2    Electric ATVs and UTVs
                     4.6.1.5    Business Drivers
                     4.6.1.6    Business Challenges
         4.6.2    Application
                     4.6.2.1    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit
                     4.6.2.2    China Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand
         4.6.3    Product
                     4.6.3.1    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.6.3.2    China Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million and Unit
4.7    Middle East and Africa (MEA)
         4.7.1    Market
                     4.7.1.1    Industry Outlook: ATV and UTV Market
                     4.7.1.2    Key Manufacturers in the Middle East and Africa
                     4.7.1.3    Key ATV and UTV Distributors in the Middle East and Africa
                     4.7.1.4    Competitive Benchmarking
                                    4.7.1.4.1    ATVs and UTVs
                                    4.7.1.4.2    Electric ATVs and UTVs
                     4.7.1.5    Business Drivers
                     4.7.1.6    Business Challenges
         4.7.2    Application
                     4.7.2.1    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million and Thousand Unit    
                     4.7.2.2    Middle East and Africa Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand
         4.7.3    Product
                     4.7.3.1    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million and Thousand Unit
                     4.7.3.2    Middle East and Africa Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (By Propulsion Type), $Thousand

5.1    Competitive Benchmarking
         5.1.1    Competitive Position Matrix
                     5.1.1.1    ATVs and UTVs
                     5.1.1.2    Electric ATVs and UTVs
         5.1.2    Market Share Analysis
                     5.1.2.1    ATVs and UTVs
                     5.1.2.2    Electric ATVs and UTVs
5.2    Product Matrix
5.3    Company Profiles
         5.3.1    Electric All-Terrain Vehicle Manufacturers
                     5.3.1.1    CFMOTO
                                    5.3.1.1.1    Company Overview
                                                      5.3.1.1.1.1    Product Portfolio
                                                      5.3.1.1.1.2    Production Sites and R&D Analysis
                                    5.3.1.1.2    Business Strategies
                                                      5.3.1.1.2.1    CFMOTO: Product Development
                                                      5.3.1.1.2.2    CFMOTO: Market Development
                                    5.3.1.1.3    Analyst POV
                     5.3.1.2    Eco Charger
                                    5.3.1.2.1    Company Overview
                                                      5.3.1.2.1.1    Product Portfolio
                                                      5.3.1.2.1.2    Production Sites and R&D Analysis
                                    5.3.1.2.2    Business Strategies
                                                      5.3.1.2.2.1    Eco Charger: Product Development
                                                      5.3.1.2.2.2    Eco Charger: Market Development
                                    5.3.1.2.3    Corporate Strategies
                                                      5.3.1.2.3.1    Eco Charger: Partnerships, Joint Ventures, Collaborations, and Alliances    
                                    5.3.1.2.4    Analyst POV
                     5.3.1.3    DRR U.S.A.
                                    5.3.1.3.1    Company Overview
                                                      5.3.1.3.1.1    Product Portfolio
                                                      5.3.1.3.1.2    Production Sites and R&D Analysis
                                    5.3.1.3.2    Business Strategies
                                                      5.3.1.3.2.1    DRR U.S.A.: Product Development
                                    5.3.1.3.3    Analyst POV
                     5.3.1.4    Tesla, Inc.
                                    5.3.1.4.1    Company Overview
                                                      5.3.1.4.1.1    Product Portfolio
                                                      5.3.1.4.1.2    Production Sites and R&D Analysis
                                                                           5.3.1.4.1.2.1    R&D Analysis
                                    5.3.1.4.2    Business Strategies
                                                      5.3.1.4.2.1    Tesla, Inc.: Product Development
                                                      5.3.1.4.2.2    Tesla, Inc.: Market Development
                                    5.3.1.4.3    Corporate Strategies
                                                      5.3.1.4.3.1    Tesla, Inc.: Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.1.4.4    Analyst POV
         5.3.2    Electric Utility-Terrain Vehicle Manufacturers
                     5.3.2.1    Artic Cat, Inc.
                                    5.3.2.1.1    Company Overview
                                                      5.3.2.1.1.1    Product Portfolio
                                                      5.3.2.1.1.2    Production Sites and R&D Analysis
                                    5.3.2.1.2    Business Strategies
                                                      5.3.2.1.2.1    Artic Cat, Inc.: Product Development
                                    5.3.2.1.3    Corporate Strategies
                                                      5.3.2.1.3.1    Artic Cat, Inc.: Mergers and Acquisitions
                                    5.3.2.1.4    Analyst POV
                     5.3.2.2    HISUN Motors Corporation
                                    5.3.2.2.1    Company Overview
                                                      5.3.2.2.1.1    Product Portfolio
                                                      5.3.2.2.1.2    Production Sites and R&D Analysis
                                    5.3.2.2.2    Business Strategies
                                                      5.3.2.2.2.1    HISUN Motors Corporation: Product Development
                                                      5.3.2.2.2.2    HISUN Motors Corporation: Market Development
                                    5.3.2.2.3    Corporate Strategies
                                                      5.3.2.2.3.1    HISUN Motors Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.2.4    Analyst POV
                     5.3.2.3    Honda Motor Co., Ltd.
                                    5.3.2.3.1    Company Overview
                                                      5.3.2.3.1.1    Product Portfolio
                                                      5.3.2.3.1.2    Production Sites and R&D Analysis
                                                                           5.3.2.3.1.2.1    R&D Analysis
                                    5.3.2.3.2    Business Strategies
                                                      5.3.2.3.2.1    Honda Motors Co., Ltd.: Product Development
                                    5.3.2.3.3    Analyst POV
                     5.3.2.4    John Deere
                                    5.3.2.4.1    Company Overview
                                                      5.3.2.4.1.1    Product Portfolio
                                                      5.3.2.4.1.2    Production Sites and R&D Analysis
                                                                           5.3.2.4.1.2.1    R&D Analysis
                                    5.3.2.4.2    Corporate Strategies
                                                      5.3.2.4.2.1    John Deere: Mergers and Acquisitions
                                    5.3.2.4.3    Analyst POV
                     5.3.2.5    American Landmaster
                                    5.3.2.5.1    Company Overview
                                                      5.3.2.5.1.1    Product Portfolio
                                                      5.3.2.5.1.2    Production Sites and R&D Analysis
                                    5.3.2.5.2    Business Strategies
                                                      5.3.2.5.2.1    American Landmaster: Product Development
                                                      5.3.2.5.2.2    American Landmaster: Market Development
                                    5.3.2.5.3    Analyst POV
                     5.3.2.6    Intimidator UTV
                                    5.3.2.6.1    Company Overview
                                                      5.3.2.6.1.1    Product Portfolio
                                    5.3.2.6.2    Business Strategies
                                                      5.3.2.6.2.1    Intimidator UTV: Market Development
                                    5.3.2.6.3    Analyst POV
                     5.3.2.7    Polaris Industries Inc.
                                    5.3.2.7.1    Company Overview
                                                      5.3.2.7.1.1    Product Portfolio
                                                      5.3.2.7.1.2    Production Sites and R&D Analysis
                                                                           5.3.2.7.1.2.1    R&D Analysis
                                    5.3.2.7.2    Business Strategies
                                                      5.3.2.7.2.1    Polaris Industries Inc.: Product Development
                                                      5.3.2.7.2.2    Polaris Industries Inc.: Market Development
                                    5.3.2.7.3    Corporate Strategies
                                                      5.3.2.7.3.1    Polaris Industries Inc.: Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.2.7.4    Analyst POV
                     5.3.2.8    Club Car LLC
                                    5.3.2.8.1    Company Overview
                                    5.3.2.8.2    Product Portfolio
                                                      5.3.2.8.2.1    Production Sites and R&D Analysis
                                    5.3.2.8.3    Business Strategies
                                                      5.3.2.8.3.1    Club Car LLC: Product Development
                                                      5.3.2.8.3.2    Club Car LLC: Market Development
                                    5.3.2.8.4    Corporate Strategies
                                                      5.3.2.8.4.1    Club Car LLC: Partnerships, Joint Ventures, Collaborations, and Alliances
                                                      5.3.2.8.4.2    Club Car LLC: Mergers and Acquisitions
                                    5.3.2.8.5    Analyst POV
         5.3.3    Electric All-Terrain Vehicle and Utility-Terrain Vehicle Manufacturers
                     5.3.3.1    Bombardier Recreational Products Inc. (BRP)
                                    5.3.3.1.1    Company Overview
                                                      5.3.3.1.1.1    Product Portfolio
                                                      5.3.3.1.1.2    Production Sites and R&D Analysis
                                    5.3.3.1.2    Business Strategies
                                                      5.3.3.1.2.1    Bombardier Recreational Products Inc. (BRP): Product Development
                                                      5.3.3.1.2.2    Bombardier Recreational Products Inc. (BRP): Market Development
                                    5.3.3.1.3    Analyst POV
                     5.3.3.2    LINHAI Group Co., Ltd.
                                    5.3.3.2.1    Company Overview
                                                      5.3.3.2.1.1    Product Portfolio
                                                      5.3.3.2.1.2    Production Sites
                                    5.3.3.2.2    Analyst POV
                     5.3.3.3    Segway Technology Co., Ltd.
                                    5.3.3.3.1    Company Overview
                                                      5.3.3.3.1.1    Product Portfolio
                                                      5.3.3.3.1.2    Production Sites and R&D Analysis
                                    5.3.3.3.2    Business Strategies
                                                      5.3.3.3.2.1    Segway Technology Co., Ltd.: Product Development
                                                      5.3.3.3.2.2    Segway Technology Co., Ltd.: Market Development
                                    5.3.3.3.3    Corporate Strategies
                                                      5.3.3.3.3.1    Segway Technology Co., Ltd.: Partnerships, Joint Ventures, Collaborations, and Alliances
                                    5.3.3.3.4    Analyst POV
         5.3.4    Other Key Players
5.4    Startup Profiles: Electric and Conventional
         5.4.1    Volcon
                     5.4.1.1    Company Overview
         5.4.2    Battle Approved Motors
                     5.4.2.1    Company Overview
         5.4.3    SHERP
                     5.4.3.1    Company Overview
         5.4.4    SkyRunner
                     5.4.4.1    Company Overview
         5.4.5    Mudd-Ox Inc.
                     5.4.5.1    Company Overview
         5.4.6    Torq
                     5.4.6.1    Company Overview
         5.4.7    Bennche
                     5.4.7.1    Company Overview
         5.4.8    PeK Automotive d.o.o
                     5.4.8.1    Company Overview
         5.4.9    Nebula Automotive Private Limited
                     5.4.9.1    Company Overview
       5.4.10    Powerland Agro Tractor Vehicles Pvt. Ltd.
                     5.4.10.1    Company Overview
       5.4.11    Electric ATV Direct
                     5.4.11.1    Company Overview
       5.4.12    Harison Motors Pvt. Ltd.
                     5.4.12.1    Company Overview

6.1    Data Sources
         6.1.1    Primary Data Sources
         6.1.2    Secondary Data Sources
6.2    Data Triangulation
6.3    Market Estimation and Forecast
         6.3.1    Factors for Data Prediction and Modeling

Table 1:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market Overview
Table 2:    Electric All-Terrain Vehicles (ATVs) and Utility-Terrain Vehicles (UTVs) Manufacturers
Table 3:    Distributors for All-Terrain Vehicles (ATVs) and Utility-Terrain Vehicles (UTVs)
Table 4:    Tier-1 Suppliers for All-Terrain Vehicles (ATVs) and Utility-Terrain Vehicles (UTVs)
Table 5:    Consortiums, Associations, and Regulatory Bodies
Table 6:    Government Programs for All-Terrain Vehicles and Utility-Terrain Vehicles
Table 7:    Actions by Countries to Phase Out ICE Vehicles and Uplift EV Numbers
Table 8:    Price Comparison of Popular ATV and UTV Models
Table 9:    Perval Scale Analysis for Consumer Perception of Electric ATV and UTV
Table 10:    Key ATV and UTV Start-Ups
Table 11:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 12:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 13:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 14:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 15:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 16:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 17:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Thousand Unit, 2021-2031
Table 18:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 19:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Drivetrain Type), Thousand Unit, 2021-2031
Table 20:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Drivetrain Type), $Million, 2021-2031
Table 21:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Engine Size), Thousand Unit, 2021-2031
Table 22:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Engine Size), $Million, 2021-2031
Table 23:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Battery Capacity), Thousand Unit, 2021-2031
Table 24:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Battery Capacity), $Million, 2021-2031
Table 25:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Number of Wheels), Unit, 2021-2031
Table 26:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Number of Wheels), $Million, 2021-2031
Table 27:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Seating Capacity), Thousand Unit, 2021-2031
Table 28:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Seating Capacity), $Million, 2021-2031
Table 29:    Key Patents for Electric ATVs and UTVs
Table 30:    Electric ATVs and UTVs vs. Internal Combustion Engine ATVs and UTVs
Table 31:    Analyst’s POV and Recommendations (by Product Type)
Table 32:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Region), Unit, 2021-2031
Table 33:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Region), $Million, 2021-2031
Table 34:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in North America
Table 35:    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 36:    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 37:    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 38:    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 39:    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 40:    North America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 41:    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Thousand Unit, 2021-2031
Table 42:    North America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 43:    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 44:    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 45:    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 46:    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 47:    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 48:    U.S. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 49:    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Thousand Unit, 2021-2031
Table 50:    U.S. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 51:    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 52:    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 53:    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 54:    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 55:    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 56:    Canada Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 57:    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 58:    Canada Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 59:    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 60:    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 61:    Mexico Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 62:    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 63:    Mexico Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 64:    Mexico Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 65:    Mexico Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 66:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in South America
Table 67:    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 68:    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 69:    South America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand, 2021-2031
Table 70:    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 71:    South America Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 72:    South America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 73:    South America Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Thousand, 2021-2031
Table 74:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in Europe
Table 75:    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 76:    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 77:    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 78:    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 79:    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 80:    Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 81:    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 82:    Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 83:    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 84:    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 85:    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 86:    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 87:    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 88:    Germany Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 89:    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 90:    Germany Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 91:    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 92:    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 93:    France Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 94:    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 95:    France Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 96:    France Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 97:    France Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 98:    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 99:    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 100:    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 101:    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 102:    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 103:    Rest-of-Europe Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 104:    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 105:    Rest-of-Europe Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 106:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in the U.K.
Table 107:    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 108:    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 109:    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 110:    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 111:    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 112:    U.K. Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 113:    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 114:    U.K. Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 115:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in Asia-Pacific and Japan
Table 116:    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 117:    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 118:    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Unit, 2021-2031
Table 119:    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 120:    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 121:    Asia-Pacific and Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 122:    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 123:    Asia-Pacific and Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 124:    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 125:    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 126:    Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand, 2021-2031
Table 127:    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 128:    Japan Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 129:    Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 130:    Japan Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Thousand, 2021-2031
Table 131:    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 132:    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 133:    South Korea Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand, 2021-2031
Table 134:    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 135:    South Korea Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 136:    South Korea Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 137:    South Korea Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Thousand, 2021-2031
Table 138:    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 139:    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 140:    Rest-of-Asia-Pacific Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 141:    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 142:    Rest-of-Asia-Pacific Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 143:    Rest-of-Asia-Pacific Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 144:    Rest-of-Asia-Pacific Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 145:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in China
Table 146:    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 147:    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 148:    China Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand, 2021-2031
Table 149:    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 150:    China Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 151:    China Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), Unit, 2021-2031
Table 152:    China Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Table 153:    Key Manufacturers of Internal Combustion Engine ATVs and UTVs and Electric ATVs and UTVs in the Middle East and Africa
Table 154:    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), Thousand Unit, 2021-2031
Table 155:    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Table 156:    Middle East and Africa Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Thousand, 2021-2031
Table 157:    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), Thousand Unit, 2021-2031
Table 158:    Middle East and Africa Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Product), $Million, 2021-2031
Table 159:    Middle East and Africa Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Thousand, 2021-2031
Table 160:    Global Market Share for Electric ATVs and UTVs, 2021
Table 161:    List of Other Key Companies

Figure 1:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market Overview, $Million, 2021-2031
Figure 2:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Application), $Million, 2021-2031
Figure 3:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Propulsion Type), $Million, 2021-2031
Figure 4:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Drivetrain Type), $Million, 2021-2031
Figure 5:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Engine Size), $Million, 2021-2031
Figure 6:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Region), $Million, 2021-2031
Figure 7:    Global Electric ATV and UTV Market Segmentation
Figure 8:    Trends and Factors Impacting the Global All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market
Figure 9:    Future Trends of Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market
Figure 10:    Timeline for the Electric All-Terrain Vehicles and Utility-Terrain Vehicles
Figure 11:    Global Electric ATV and UTV Supply Chain
Figure 12:    Role of Conventional ATV and UTV Manufacturers
Figure 13:    Porter’s Five Forces Analysis
Figure 14:    Business Dynamics for Global Electric ATV and UTV Market
Figure 15:    Impact of Business Drivers
Figure 16:    Comparison between Cost of Ownership
Figure 17:    Impact of Business Challenges
Figure 18:    Share of Key Business Strategies, 2017-2022
Figure 19:    Share of Product Development (by Company), 2017-2022
Figure 20:    Share of Market Development (by Company)
Figure 21:    Share of Key Corporate Strategies (by Company)
Figure 22:    Impact of Business Opportunities
Figure 23:    Amphibious Vehicle Terrain
Figure 24:    Level of Autonomy for Autonomous Vehicles
Figure 25:    Key Economic Regions in the U.S.
Figure 26:    Key Economic Regions in the U.S. (by State)
Figure 27:    Comparison between Labor Costs (by State)
Figure 28:    Comparison between Transportation Costs (by State)
Figure 29:    Comparison between Energy Costs (by State)
Figure 30:    Comparison between Workforce Characteristics (by State)
Figure 31:    Comparison between Quality of Life (by State)
Figure 32:    Comparison between Economic Characteristics (by State)
Figure 33:    Key Parameters Considered for Perval Scale Analysis
Figure 34:    Key Applications Where E-ATVs and UTVs Find a Serviceable Market
Figure 35:    Future Technology in Electric ATVs and UTVs
Figure 36:    Innovation Opportunities
Figure 37:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Professional Sports, $Million and Thousand Unit, 2021-2031
Figure 38:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Recreation, $Million and Thousand Unit, 2021-2031
Figure 39:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Agriculture and Utility, $Million and Thousand Unit, 2021-2031
Figure 40:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Military and Defense, $Million and Thousand Unit, 2021-2031
Figure 41:    Global Conventional All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Others, $Million and Thousand Unit, 2021-2031
Figure 42:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Professional Sports, $Million and Thousand Unit, 2021-2031
Figure 43:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Recreation, $Million and Thousand Unit, 2021-2031
Figure 44:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Agriculture and Utility, $Million and Thousand Unit, 2021-2031
Figure 45:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Military and Defense, $Million and Thousand Unit, 2021-2031
Figure 46:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Others, $Million and Thousand Unit, 2021-2031
Figure 47:    Focus Application Areas for Electric ATV and UTV Manufacturers
Figure 48:    Global All-Terrain Vehicle (ATV) Market, $Million and Thousand Unit, 2021-2031
Figure 49:    Global Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 50:    Electric ATV and UTV Propulsion Types
Figure 51:    Global Battery Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 52:    Global Hybrid Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 53:    Global Electric 2WD All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 54:    Global Electric 4WD All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Professional Sports, $Million and Thousand Unit, 2021-2031
Figure 55:    Global Electric AWD All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Professional Sports, $Million and Thousand Unit, 2021-2031
Figure 56:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Engine Size Less than 400C, $Million and Thousand Unit, 2021-2031
Figure 57:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Engine Size between 400CC and 800CC, $Million and Thousand Unit, 2021-2031
Figure 58:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Engine Size More than 800CC, $Million and Thousand Unit, 2021-2031
Figure 59:    Electric Vehicle Battery Comparison
Figure 60:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Battery Capacity Up to 48V, $Million and Thousand Unit, 2021-2031
Figure 61:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Battery Capacity between 48V and 72V, $Million and Thousand Unit, 2021-2031
Figure 62:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market for Vehicle Battery Capacity More than 72V, $Million and Thousand Unit, 2021-2031
Figure 63:    Global Four-Wheeled Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 64:    Global More than Four-Wheeled Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 65:    Global One-Seater Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 66:    Global Two-Seater Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 67:    Global More than Two-Seater Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market, $Million and Thousand Unit, 2021-2031
Figure 68:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market Opportunity Matrix (by Region), $Million
Figure 69:    Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market Opportunity Matrix (by Application), $Million
Figure 70:    Global Pricing Analysis of Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market (by Drivetrain Type)
Figure 71:    Technology Roadmap
Figure 72:    Competitive Benchmarking for ATVs and UTVs in North America
Figure 73:    Competitive Benchmarking for Electric ATVs and UTVs in North America
Figure 74:    Competitive Benchmarking for ATVs and UTVs in South America
Figure 75:    Competitive Benchmarking for Electric ATVs and UTVs in South America
Figure 76:    Competitive Benchmarking for ATVs and UTVs in Europe
Figure 77:    Competitive Benchmarking for Electric ATVs and UTVs in Europe
Figure 78:    Competitive Benchmarking for ATVs and UTVs in the U.K.
Figure 79:    Competitive Benchmarking for Electric ATVs and UTVs in the U.K.
Figure 80:    Competitive Benchmarking for ATVs and UTVs in Asia-Pacific and Japan
Figure 81:    Competitive Benchmarking for Electric ATVs and UTVs in Asia-Pacific and Japan
Figure 82:    Competitive Benchmarking for ATVs and UTVs in China
Figure 83:    Competitive Benchmarking for Electric ATVs and UTVs in China
Figure 84:    Competitive Benchmarking for ATVs and UTVs in the Middle East and Africa
Figure 85:    Competitive Benchmarking for Electric ATVs and UTVs in the Middle East and Africa
Figure 86:    Global Competitive Benchmarking of ATV and UTV Companies
Figure 87:    Global Competitive Benchmarking of Electric ATV and UTV Companies
Figure 88:    Global Market Share for ATVs and UTVs, 2021
Figure 89:    Tesla, Inc.: R&D Expenditure, $Billion, 2019-2021
Figure 90:    Honda Motor Co., Ltd.: R&D Expenditure, $Billion, 2018-2020
Figure 91:    John Deere: R&D Expenditure, $Billion, 2018-2020
Figure 92:    Polaris Industries Inc.: R&D Expenditure, $Million, 2018-2020
Figure 93:    Data Triangulation
Figure 94:    Top-Down and Bottom-Up Approach
Figure 95:    Assumptions and Limitations

Market Report Coverage

Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

Base Year

2021

Market Size in 2021

$680.4 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$4,746.4 Million

CAGR During Forecast Period

21.4%

Number of Tables

161

Number of Pages

275

Number of Figures

95

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    Electric All-Terrain Vehicle Manufacturers
        o    CFMOTO
        o    Eco Charger
        o    DRR U.S.A.
        o    Tesla, Inc.

•    Electric Utility-Terrain Vehicle Manufacturers
        o    Artic Cat, Inc.
        o    HISUN Motors Corporation
        o    Honda Motor Co., Ltd.
        o    John Deere
        o    American LandMaster
        o    Intimidator UTV
        o    Polaris Industries Inc.
        o    Club Car LLC

•    Electric All-Terrain Vehicle and Utility-Terrain Vehicle Manufacturers
        o    Bombardier Recreational Products Inc. (BRP)
        o    LINHAI Group Co., Ltd.
        o    Segway Technology Co., Ltd.

How Can This Report Add Value?

Product/Innovation Strategy: The product segment helps the readers understand the different electric all-terrain vehicles (ATVs) and utility-terrain vehicles (UTVs). Also, the study provides the readers with a detailed understanding of the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market by application and product.

Growth/Marketing Strategy: To improve the capabilities of their product offerings, players in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market are developing unique products. The readers will be able to comprehend the revenue-generating tactics used by players in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market by looking at the growth/marketing strategies. Other market participants' tactics, such as go-to-market plans, will also assist readers in making strategic judgments.

Competitive Strategy: Players analyzed and profiled in the study include the global electric all-terrain vehicle (ATV), and the utility-terrain vehicle (UTV) market are vehicle manufacturers that capture the maximum share in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market. Moreover, a detailed competitive benchmarking of the players operating in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market has been done to help the readers understand how players compete against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements and collaborations, and mergers and acquisitions are expected to aid the readers in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market: Industry Overview

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market was estimated to be at $680.4 million in 2021, which is expected to grow with a CAGR of 21.4% and reach $4,746.4 million by 2031. The growth in the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is expected to be driven by the low cost of ownership of electric ATVs and UTVs, increasing ATV and UTV use in military and recreational activities, and rising global awareness to reduce greenhouse gas emissions.

Market Lifecycle Stage

All-terrain vehicles (ATVs) and utility-terrain vehicles (UTVs) are becoming increasingly popular in various applications around the world. The vehicles' capacity to operate through a variety of terrains has increased their popularity. ATVs and UTVs have conventionally been used for sports and recreation, with riders riding through various natural parks and hiking trails. These vehicles are also useful in various areas, including agriculture, shipping yards, and warehouses. Moreover, electric drivetrain utilization in ATVs and UTVs has increased with the progress in-vehicle technology. Electric drivetrains were first used in low-speed vehicles, which were then used in various applications such as golf courses, hotels, and other recreational areas. The adoption of the electric drivetrain in additional applications of ATVs and UTVs, such as sports, utility, and military, will expand as vehicle battery technology improves to boost the vehicle's range and charging efficiency.

Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

Impact of Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

An increase in EV safety requirements, increased demand for a better driving experience, and the low cost of maintenance for EVs contribute to the growing application areas for electric ATVs and UTVs. Furthermore, governments and federal agencies are making significant investments in subsidies and infrastructure development to promote electric vehicles to reduce carbon dioxide emissions, fuelling the growth of electric ATV and UTV sales.

Market Segmentation:

Segmentation 1: by Application Type
•    Professional Sports
•    Recreational
•    Agriculture and Utility
•    Military and Defense
•    Others

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by recreation application. Electric ATVs and UTVs used for recreational purposes are vehicles that are designed while keeping off-road-specific requirements of users in rough terrains, including sandy areas, grasslands, and mountain trails. Primarily used for camping, off-roading, hunting, and fishing, recreational ATVs and UTVs are becoming increasingly popular for leisure, recreation, and tourism applications. In such areas, various internal combustion engine ATVs and UTVs are used. However, as battery technology advances and EV range and load capacity improve, the use of electric ATVs and UTVs would increase.

Segmentation 2: by Propulsion Type
•    Battery Electric ATVs and UTVs
•    Hybrid Electric ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by battery-electric ATVs and UTVs (BEVs). As BEVs are powered solely by the vehicle's battery systems, advancements in battery technology, combined with government mandates for better vehicle efficiency, have increased their adoption. Due to the falling cost of pure EVs and the development of EV infrastructure in many nations, BEV sales are expected to increase compared to HEV sales.

Segmentation 3: by Drivetrain Type
•    Two-Wheel Drive (2WD)
•    Four-Wheel Drive (4WD)
•    All-Wheel Drive (AWD)

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by Four-Wheel Drive (4WD). Four-wheel drive (4WD) is in high demand based on drivetrain type in different parts of the world. 4WDs are higher in demand than their counterparts and have a wide range of application usage. Four-wheel-drive vehicles can easily tackle rocky terrain, steep hills, and deep water compared to a 2WD vehicle. 4WD vehicles are better for driving on slippery winter streets, through mud, and on loose surfaces such as sand.

Segmentation 4: by Engine Type
•    Less than 400 CC
•    400 CC to 800 CC
•    More than 800 CC

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by 400 to 800 CC engine types. As ATVs and UTVs are robust vehicles, the most popular versions with widespread use have engines ranging from 400 to 800 cubic centimeters.

Segmentation 5: by Battery Capacity
•    Up to 48V
•    48V to 72V
•    More than 72V

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by 48V to 72V battery capacity as battery packs between 48V and 72V are developed for smaller electric vehicles such as low-speed vehicles.

Segmentation 6: by Number of Wheels
•    Four-Wheeled ATVs and UTVs
•    More than Four-Wheeled ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by four-wheeled ATVs and UTVs, as most commercially available electric ATVs and UTVs use a four-wheel setup. A four-wheeled drive vehicle is generally utilized for everyday recreational activities and racing events. They can also be utilized for light vehicle towing and people and cargo transportation.

Segmentation 7: by Seating Capacity
•    One-Seater ATVs and UTVs 
•    Two-Seater ATVs and UTVs 
•    More than Two-Seater ATVs and UTVs

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by two-seater ATVs and UTVs. UTVs with two seats are the most popular type of UTVs in this segment. They are explicitly designed to carry more than one person. Therefore, the structure of the vehicle is made extremely lightweight to compensate for the increase in the weight of the vehicle.

Segmentation 8: by Region
•    North America
•    South America
•    Europe
•    U.K.
•    Middle East and Africa
•    China
•    Asia-Pacific and Japan

The global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market is dominated by North America. Government regulations, technological advancements, significant investments in dedicated R&D facilities, a variety of natural parks and hikes, a variety of ATV and UTV racing competitions, and the presence of major electric ATV and UTV manufacturing OEMs and Tier 1 companies are some of the major drivers propelling the market's growth in North America.

Recent Developments in the Global Electric All-Terrain Vehicle (ATV) and Utility-Terrain Vehicle (UTV) Market

•    In December 2021, Tesla introduced its all-electric ATV quadbike called Cyberquad in partnership with Radio Flyer.
•    In February 2022, American Landmaster joined the electric UTV fray to provide electric-powered UTVs with a towing capacity of 1,200LBS in 2-door and 4-door versions in 4X2 driving mode.
•    In February 2022, Segway Powersports expanded the availability of Fugleman side-by-side to over 40 dealerships across the U.S.

Demand – Drivers and Limitations

Following are the demand drivers for the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market:

•    Low Cost of Ownership of Electric ATVs and UTVs
•    Low Noise Emissions from Electric ATVs and UTVs Improve their Applicability
•    Increasing Global Awareness to Reduce Greenhouse Gas Emissions
•    Increasing ATV and UTV Use in Military and Recreational Activities
•    Shifting Focus Toward Electric Variants

Following are the challenges for the global electric all-terrain vehicle (ATV) and utility-terrain vehicle (UTV) market:

•    Higher Retail Prices than Internal Combustion Engine ATVs and UTVs
•    Range Anxiety and Impact of High Battery Weight on Vehicle Performance
•    Impact of High Battery Weight on Vehicle’s Performance

Analyst's Thoughts

According to Dhrubajyoti Narayan, Lead Analyst, BIS Research, "According to the American National Standards Institute, an ATV is a vehicle with operator straddled seats and steering wheel handlebars that run on low-pressure tires and is designed for climbing a wider range of terrain than most other commercially available vehicles. Several major electric ATV and UTV manufacturers have released electric variants of their products. The market for electric ATVs and UTVs is expected to grow as governments worldwide begin implementing strategies to increase EV sales and phase out IC engine vehicles in their countries."

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