Utility Task Vehicles (UTV) Market 2019-2025
01-Feb-2019 | Number of pages: 110 | Report Id: BMRC AT 117 | Report Format: | Status: Published

Utility Task Vehicles (UTV) Market By Vehicle Type (Sports UTVs, Load Carrier UTVs, Multipurpose UTVs), By Fuel Type (Fuel UTVs, Electric UTVs), Industry Analysis, Trends, and Forecast 2019 – 2025

 

 

Utility Task Vehicles (UTV) Market is valued at USD 4.03 Billion in 2018 and expected to reach USD 6.47 Billion by 2025 with the CAGR of 6.99% over the forecast period – Rising focus towards recreational activities is the key driving factor for Global Utility Task Vehicles (UTV) Market.

Utility task vehicles (UTV) market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about Utility Task Vehicles (UTV) Market from various aspects. This report consists of drivers, challenges and opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report consists of regional segmentation with product type and applications.

Utility Task Vehicles (UTV)Market Analysis

A utility vehicle is a vehicle that is designed to perform wide range of operations in different sectors including logistics and supply chain, green industry and lawn care industry. Its high capacity and versatility have increased its popularity for various applications such as; in rural and urban settings for a variety of lawn care, agricultural, construction, and industrial applications. Utility task vehicles are combined with continuously variable transition system(CVT), as it provides the high gear ratios unlike mechanical transition. Electric utility task vehicles require much less maintenance than their traditional equivalents in farming industry.

Utility task vehicles market is expected to witness a significant growth in the coming few years owing to its application in several sectors such as farming industry, logistics, luggage transportation and others. In addition, its load-carrying is extensively used for agricultural applications and farmers globally able to identify the potential of UTV for carrying loads, tools and tow agricultural equipments which is further boost growth of this market in the coming few years. Advanced electrification of the automotive powered vehicles can be one of the most promising opportunities of utility vehicle market in near future.

Utility Task Vehicles (UTV)Market Share
Utility Task Vehicles (UTV) Market Revenue (USD Billion) Analysis by Regional and Global, 2019-2025

Key players of the Utility Task Vehicles (UTV) market are Polaris Industries, Kawasaki Heavy Industries Motorcycle & Engine Company, Suzuki Motor Corporation, Yamaha Motor Company, Limited, Honda Motor Co., Ltd, Deere & Company, Husqvarna AB, Kubota Corporation, Case IH, Bobcat Company, Mahindra & Mahindra Limited and Caterpillar Inc.

Utility Task Vehicles (UTV) Market Segmentation –

By Vehicle Type:

  • Sports UTVs
  • Load Carrier UTVs
  • Multipurpose UTVs
  • Others

By Fuel Type:

  • Fuel UTVs
  • Electric UTVs

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Utility Task Vehicles (UTV) Market Key Players

  • Polaris Industries
  • Kawasaki Heavy Industries Motorcycle & Engine Company
  • Suzuki Motor Corporation
  • Yamaha Motor Company, Limited
  • Honda Motor Co., Ltd.
  • Deere & Company
  • Husqvarna AB
  • Kubota Corporation

 

1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Utility Task Vehicles (UTV)Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Utility Task Vehicles (UTV)Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Utility Task Vehicles (UTV)Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter – Utility Task Vehicles (UTV) Market Overview: Quantitative Analysis
3.1. Utility Task Vehicles (UTV)Market Share (%) and Growth Rate, 2015-2025
3.2. Utility Task Vehicles (UTV) Market Consumption (in units), 2018
3.3. Utility Task Vehicles (UTV) Market Revenue (USD Billion), Market Share (%) and Growth Rate (%), 2015- 2025
4. Utility Task Vehicles (UTV) Market Analysis: by Vehicle
5. Utility Task Vehicles (UTV) Market Analysis: by Fuel type
6. Chapter – Utility Task Vehicles (UTV) Market Analysis: by Manufacturer
6.1. Utility Task Vehicles (UTV)Market Revenue (USD Billion), by Manufacturer, 2015–2018
6.2. Utility Task Vehicles (UTV)Market Consumption (in units), 2018
6.3. Utility Task Vehicles (UTV)Market Share (%), by Manufacturer, 2018
6.4. Utility Task Vehicles (UTV)Market Price (USD/Unit), by Manufacturer, 2015–2018
6.5. Utility Task Vehicles (UTV)Market Revenue Growth Rate (%), by Manufacturer, 2015–2018
6.6. Merger & Acquisition
6.7. Collaborations and Partnership
6.8. New Product Launch
7. Chapter –Utility Task Vehicles (UTV)Market: Regional Analysis
7.1. North America
7.1.1. North America Utility Task Vehicles (UTV) Revenue (USD Billion) and Growth Rate (%), 2015- 2025.
7.1.2. North America Utility Task Vehicles (UTV) Market Revenue (USD Billion) By Country, 2015- 2025.
7.1.3. North America Utility Task Vehicles (UTV) Revenue Market Share (%) By Country, 2015- 2025.
7.1.4. North America Utility Task Vehicles (UTV) Market Revenue (USD Billion), Market Share (%) and Growth Rate, By Market Segmentation, 2015- 2025.
7.1.5. North America Utility Task Vehicles (UTV) Market Revenue (USD Billion), Market Share (%) and Growth Rate, By Market Segmentation, 2015- 2025.
7.1.6. North America Utility Task Vehicles (UTV) Market Revenue (USD Billion), Market Share (%) and Growth Rate, By Market Segmentation, 2015- 2025.
7.2. Europe
7.3. Asia Pacific
7.4. Latin America
7.5. Middle East & Africa
8. Chapter – Company Profiles
8.1. Polaris Industries
8.1.1. Financials
8.1.2. Product portfolio
8.1.3. Utility Task Vehicles (UTV)Market Revenue (USD Billion), and Market Share (%),2015–2018
8.1.4. Utility Task Vehicles (UTV)Sales Market Share (%),2015–2018
8.1.5. Business strategy
8.1.6. Recent developments
8.2. Kawasaki Heavy Industries Motorcycle & Engine Company
8.3. Suzuki Motor Corporation
8.4. Yamaha Motor Company, Limited
8.5. Honda Motor Co., Ltd.
8.6. Deere & Company
8.7. Husqvarna AB
8.8. Kubota Corporation
8.9. others
9. Chapter – Market Research and Findings

 

  • Polaris Industries
  • Kawasaki Heavy Industries Motorcycle & Engine Company
  • Suzuki Motor Corporation
  • Yamaha Motor Company, Limited
  • Honda Motor Co., Ltd.
  • Deere & Company
  • Husqvarna AB
  • Kubota Corporation