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2018-2023 Global ATVs+2/3 Wheeler Consumption Market Report

 



(USGovernment-News.Com, October 17, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global ATVs 2 3 Wheeler market for 2018-2023.
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.
Over the next five years, this report projects that ATVs+2/3 Wheeler will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of ATVs+2/3 Wheeler market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Less than 200 ml
201-400 ml
401-700 ml
More than 700 ml
Segmentation by application:
Sports and leisure
Agriculture industry
Out-door work
Military forces
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global ATVs+2/3 Wheeler consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of ATVs+2/3 Wheeler market by identifying its various subsegments.
Focuses on the key global ATVs+2/3 Wheeler manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the ATVs+2/3 Wheeler with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of ATVs+2/3 Wheeler submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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