Global and United States ATVs+2/3 Wheeler Market Insights, Forecast to 2027

An all-terrain vehicle (ATV), also known as a quad, quad bike, three-wheeler, four-wheeler or quadricycle as defined by the American National Standards Institute (ANSI) is a vehicle that travels on low-pressure tires, with a seat that is straddled by the operator, along with handlebars for steering control. As the name implies, it is designed to handle a wider variety of terrain than most other vehicles. Although it is a street-legal vehicle in some countries, it is not street-legal within most states and provinces of Australia, the United States or Canada.
India, the most important two and three wheeler market, has overtaken China to emerge as the world's biggest market for two-wheelers continued its growth trend in 2016. The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages.
The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. China instead recorded decreasing volumes in 2016, down by 12% compared to the previous year and ending the period with nearly 16.8 million units production. The China domestic two and three wheeler industry will continue to face rising labor costs, lower market demand, more stringent price competition between enterprises. Overall, the domestic part of the city's ban on two wheeler policy will limit the consumption of the domestic motorcycle industry, but the devaluation of the renminbi and the export tax rebate rate of the motorcycle exports have played a positive impact, the motorcycle industry is entering a slow adjustment period. We forecast that China two and three wheeler market will keep a -3.87% CAGR decrease in 2016-2023F.

Market Analysis and Insights: Global and United States ATVs+2/3 Wheeler Market
This report focuses on global and United States ATVs+2/3 Wheeler market.
In 2020, the global ATVs+2/3 Wheeler market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In United States the ATVs+2/3 Wheeler market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global ATVs+2/3 Wheeler Scope and Market Size
ATVs+2/3 Wheeler market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global ATVs+2/3 Wheeler market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the ATVs+2/3 Wheeler market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Less than 200 ml
201-400 ml
401-700 ml
More than 700 ml

Segment by Application
Sports and Leisure
Agriculture
Out-Door Work
Military Forces
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Honda
Hero MotoCorp Ltd
Bajaj Auto Ltd
TVS Motor Company Ltd
Yamaha
Suzuki
Jiangmen Grand River Group Co., Ltd.
Loncin Holding Ltd.
Lifan Industry (Group) Co., Ltd.
Luoyang Northern Enterprises Group Co., Ltd.
Guangzhou Dayang Motorcycle Co., Ltd.
Zongshen Industrial Group Co., Ltd.
Jianshe Industries (Group) Co., Ltd.
Chongqing Yinxiang Motorcycle (Group) Co., Ltd.
Wuyang-Honda Motors (Guangzhou) Co., Ltd.
China Jialing Industrial Co., Ltd.
Sundiro Honda Motorcycle Co., Ltd.
Qianjiang Group Co., Ltd.
Piaggio
Kwang Yang (Kymco)
Kawasaki
Polaris
Arctic Cat
Can-Am