In the world economic growth, the UTV (Utility Terrain Vehicle) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, UTV (Utility Terrain Vehicle) market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, UTV (Utility Terrain Vehicle) market size will be further expanded, we expect that by 2024, The market size of the UTV (Utility Terrain Vehicle) will reach XXX million $.
A utility terrain vehicle (UTV), also known as the side-by-side (SxS or SSV) or recreational off-highway vehicle (ROV), is a small, 2- to 6-person four-wheel drive off-road vehicle. It is equipped with a rollover protection structure, hardtops, windshields, and cab enclosures. UTVs are used to haul equipment and supplies in locations that are challenging for a truck and in motorsports with a four-wheel side-by-side type 1000 cc maximum displacement.
UTVs can operate in rough terrains, offer high cargo-carrying capacity, and swift mobility on hard surfaces. Such advantages boost demand for UTVs in the military and defense sector, thereby propelling growth of the global utility terrain vehicle market over the forecast period. Moreover, the increasing adoption of UTVs in the construction and agricultural sector is also expected to aid in growth of the market.
However, the high cost of UTVs compared to all-terrain vehicles is expected to hinder growth of the global utility terrain vehicle market over the forecast period. Moreover, a ban on the use of UTVs on city streets is also expected to limit growth of the market.
Increasing investment in the military and defense sector is expected to offer lucrative growth opportunities for players in the global utility terrain vehicle market. For instance, according to the Stockholm International Peace Research Institute’s 2019 Fact Sheet, the U.S. spent US$ 649 billion on the military and defense sector in 2018. Moreover, increasing preference for UTVs over heavy commercial vehicles due to factors such as lower cost of ownership and reduced fuel consumption, maintenance, and insurance cost are also expected to propel growth of the market.
Major players in the market are focused on launching new products to expand their p=roduct portfolio. For instance, in January 2020, Polaris, Inc. launched 2020 RZR and Sportsman limited-edition models with factory-installed accessories and premium upgrades. Moreover, the company announced reduced prices for the 2020 RZR XP 4 Turbo, RZR XP Turbo, RZR S4 1000, RZR S 1000, and RZR S 900.
Key Takeaways
- Factors such as high cargo carrying capacity and swift mobility on hard surfaces are augmenting growth of the global utility terrain vehicle market over the forecast period
- High cost of UTVs compared to all-terrain vehicles is expected to hinder growth of market
- Major players operating in the global utility terrain vehicle market include, Polaris Inc., John Deere, Kawasaki, Yamaha Motor, Kubota, Arctic Cat, Honda, BRP, KYMCO, HSUN Motor, CFMOTO, and Linhai Group
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Polaris (US)
John Deere (US)
Kawasaki (Japan)
Yamaha Motor (Japan)
Kubota (Japan)
Arctic Cat (US)
Honda (Japan)
BRP (Canada)
KYMCO (China Taiwan)
HSUN Motor (China)
CFMOTO (China)
Linhai Group (China)
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Countries (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Displacement (CC): ≤ 400
Displacement (CC): 400-800
Displacement (CC): ≥ 800
Industry Segmentation
Work UTV
Sport UTV
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Table of Contents
Section 1 UTV (Utility Terrain Vehicle) Product Definition
Section 2 Global UTV (Utility Terrain Vehicle) Market Manufacturer Share and Market Overview
2.1 Global Manufacturer UTV (Utility Terrain Vehicle) Shipments
2.2 Global Manufacturer UTV (Utility Terrain Vehicle) Business Revenue
2.3 Global UTV (Utility Terrain Vehicle) Market Overview
Section 3 Manufacturer UTV (Utility Terrain Vehicle) Business Introduction
3.1 Polaris (US) UTV (Utility Terrain Vehicle) Business Introduction
3.1.1 Polaris (US) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Polaris (US) UTV (Utility Terrain Vehicle) Business Distribution by Region
3.1.3 Polaris (US) Interview Record
3.1.4 Polaris (US) UTV (Utility Terrain Vehicle) Business Profile
3.1.5 Polaris (US) UTV (Utility Terrain Vehicle) Product Specification
3.2 John Deere (US) UTV (Utility Terrain Vehicle) Business Introduction
3.2.1 John Deere (US) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 John Deere (US) UTV (Utility Terrain Vehicle) Business Distribution by Region
3.2.3 Interview Record
3.2.4 John Deere (US) UTV (Utility Terrain Vehicle) Business Overview
3.2.5 John Deere (US) UTV (Utility Terrain Vehicle) Product Specification
3.3 Kawasaki (Japan) UTV (Utility Terrain Vehicle) Business Introduction
3.3.1 Kawasaki (Japan) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Kawasaki (Japan) UTV (Utility Terrain Vehicle) Business Distribution by Region
3.3.3 Interview Record
3.3.4 Kawasaki (Japan) UTV (Utility Terrain Vehicle) Business Overview
3.3.5 Kawasaki (Japan) UTV (Utility Terrain Vehicle) Product Specification
3.4 Yamaha Motor (Japan) UTV (Utility Terrain Vehicle) Business Introduction
3.5 Kubota (Japan) UTV (Utility Terrain Vehicle) Business Introduction
3.6 Arctic Cat (US) UTV (Utility Terrain Vehicle) Business Introduction
…
Section 4 Global UTV (Utility Terrain Vehicle) Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.1.2 Canada UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.2 South America Country
4.2.1 South America UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.3 Asia Country
4.3.1 China UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.3.2 Japan UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.3.3 India UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.3.4 Korea UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.4 Europe Country
4.4.1 Germany UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.4.2 UK UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.4.3 France UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.4.4 Italy UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.4.5 Europe UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.5 Other Country and Region
4.5.1 Middle East UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.5.2 Africa UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.5.3 GCC UTV (Utility Terrain Vehicle) Market Size and Price Analysis 2014-2019
4.6 Global UTV (Utility Terrain Vehicle) Market Segmentation (Region Level) Analysis 2014-2019
4.7 Global UTV (Utility Terrain Vehicle) Market Segmentation (Region Level) Analysis
Section 5 Global UTV (Utility Terrain Vehicle) Market Segmentation (Product Type Level)
5.1 Global UTV (Utility Terrain Vehicle) Market Segmentation (Product Type Level) Market Size 2014-2019
5.2 Different UTV (Utility Terrain Vehicle) Product Type Price 2014-2019
5.3 Global UTV (Utility Terrain Vehicle) Market Segmentation (Product Type Level) Analysis
Section 6 Global UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level)
6.1 Global UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level) Market Size 2014-2019
6.2 Different Industry Price 2014-2019
6.3 Global UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level) Analysis
Section 7 Global UTV (Utility Terrain Vehicle) Market Segmentation (Channel Level)
7.1 Global UTV (Utility Terrain Vehicle) Market Segmentation (Channel Level) Sales Volume and Share 2014-2019
7.2 Global UTV (Utility Terrain Vehicle) Market Segmentation (Channel Level) Analysis
Section 8 UTV (Utility Terrain Vehicle) Market Forecast 2019-2024
8.1 UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Region Level)
8.2 UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Product Type Level)
8.3 UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Industry Level)
8.4 UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Channel Level)
Section 9 UTV (Utility Terrain Vehicle) Segmentation Product Type
9.1 Displacement (CC): ? 400 Product Introduction
9.2 Displacement (CC): 400-800 Product Introduction
9.3 Displacement (CC): ? 800 Product Introduction
Section 10 UTV (Utility Terrain Vehicle) Segmentation Industry
10.1 Work UTV Clients
10.2 Sport UTV Clients
Section 11 UTV (Utility Terrain Vehicle) Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure UTV (Utility Terrain Vehicle) Product Picture from Polaris (US)
Chart 2014-2019 Global Manufacturer UTV (Utility Terrain Vehicle) Shipments (Units)
Chart 2014-2019 Global Manufacturer UTV (Utility Terrain Vehicle) Shipments Share
Chart 2014-2019 Global Manufacturer UTV (Utility Terrain Vehicle) Business Revenue (Million USD)
Chart 2014-2019 Global Manufacturer UTV (Utility Terrain Vehicle) Business Revenue Share
Chart Polaris (US) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
Chart Polaris (US) UTV (Utility Terrain Vehicle) Business Distribution
Chart Polaris (US) Interview Record (Partly)
Figure Polaris (US) UTV (Utility Terrain Vehicle) Product Picture
Chart Polaris (US) UTV (Utility Terrain Vehicle) Business Profile
Table Polaris (US) UTV (Utility Terrain Vehicle) Product Specification
Chart John Deere (US) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
Chart John Deere (US) UTV (Utility Terrain Vehicle) Business Distribution
Chart John Deere (US) Interview Record (Partly)
Figure John Deere (US) UTV (Utility Terrain Vehicle) Product Picture
Chart John Deere (US) UTV (Utility Terrain Vehicle) Business Overview
Table John Deere (US) UTV (Utility Terrain Vehicle) Product Specification
Chart Kawasaki (Japan) UTV (Utility Terrain Vehicle) Shipments, Price, Revenue and Gross profit 2014-2019
Chart Kawasaki (Japan) UTV (Utility Terrain Vehicle) Business Distribution
Chart Kawasaki (Japan) Interview Record (Partly)
Figure Kawasaki (Japan) UTV (Utility Terrain Vehicle) Product Picture
Chart Kawasaki (Japan) UTV (Utility Terrain Vehicle) Business Overview
Table Kawasaki (Japan) UTV (Utility Terrain Vehicle) Product Specification
3.4 Yamaha Motor (Japan) UTV (Utility Terrain Vehicle) Business Introduction
…
Chart United States UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart United States UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Canada UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Canada UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart South America UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart South America UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart China UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart China UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Japan UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Japan UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart India UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart India UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Korea UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Korea UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Germany UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Germany UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart UK UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart UK UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart France UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart France UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Italy UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Italy UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Europe UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Europe UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Middle East UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Middle East UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Africa UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart Africa UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart GCC UTV (Utility Terrain Vehicle) Sales Volume (Units) and Market Size (Million $) 2014-2019
Chart GCC UTV (Utility Terrain Vehicle) Sales Price ($/Unit) 2014-2019
Chart Global UTV (Utility Terrain Vehicle) Market Segmentation (Region Level) Sales Volume 2014-2019
Chart Global UTV (Utility Terrain Vehicle) Market Segmentation (Region Level) Market size 2014-2019
Chart UTV (Utility Terrain Vehicle) Market Segmentation (Product Type Level) Volume (Units) 2014-2019
Chart UTV (Utility Terrain Vehicle) Market Segmentation (Product Type Level) Market Size (Million $) 2014-2019
Chart Different UTV (Utility Terrain Vehicle) Product Type Price ($/Unit) 2014-2019
Chart UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level) Market Size (Volume) 2014-2019
Chart UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level) Market Size (Share) 2014-2019
Chart UTV (Utility Terrain Vehicle) Market Segmentation (Industry Level) Market Size (Value) 2014-2019
Chart Global UTV (Utility Terrain Vehicle) Market Segmentation (Channel Level) Sales Volume (Units) 2014-2019
Chart Global UTV (Utility Terrain Vehicle) Market Segmentation (Channel Level) Share 2014-2019
Chart UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Region Level) 2019-2024
Chart UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Product Type Level) 2019-2024
Chart UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Industry Level) 2019-2024
Chart UTV (Utility Terrain Vehicle) Segmentation Market Forecast (Channel Level) 2019-2024
Chart Displacement (CC): ? 400 Product Figure
Chart Displacement (CC): ? 400 Product Advantage and Disadvantage Comparison
Chart Displacement (CC): 400-800 Product Figure
Chart Displacement (CC): 400-800 Product Advantage and Disadvantage Comparison
Chart Displacement (CC): ? 800 Product Figure
Chart Displacement (CC): ? 800 Product Advantage and Disadvantage Comparison
Chart Work UTV Clients
Chart Sport UTV Clients
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