Power Sports Market in Global Industry 2026

07/set/2020 19:41:27 Ethan Smith Contatta l'autore

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According to Stratistics MRC, the  Global Power Sports Market  is accounted for $ 9.62 billion in 2017 and is expected to reach $ 16.38 billion by 2026 growing at a CAGR of 6.1% during the forecast period. Some of the key factors influencing the market growth include growing high net worth population and wealth, growing penetration of off-road recreational activities across the globe and increased powerboat sales. However, High ownership cost in conjunction with increased carbon emissions is hampering the market growth.

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Power sports are a subset of the summed up classification motorsports. Power sports vehicles generally have high powered engines and these vehicles are majorly used for recreational and utility purposes.

Based on the vehicle, Side by side vehicles has significant growth in the power sports market size during the forecast period, owing to the installation of structures including roll-cage enclosures and individual seatbelts for superior safety.

By Geography, Asia Pacific is expected to grow at the considerable market share during the forecast period, owing to the increased adoption of ATV’s and SSV’s across the region. Industry players are strengthening distribution and sales network to enhance the availability and accessibility for power sports vehicles.

 

Some of the key players in global power sports market are John Deere, BRP Inc., Zero Motorcycles, Polaris Industries Inc., Suzuki Motors, Harley Davidson, Kawasaki Heavy Industries, Ltd., Yahama Motors Co., Ltd., Kubota Corporation, Honda Motor Co., Ltd., Triumph, Textron Inc., BMW Motorrad, HISUN Motor and KYMCO.

Models Covered:
• Multi Personal Models
• Sit Down
• Stand Up

Vehicles Covered:
• Snowmobile
• Side By Side Vehicles
• Heavyweight Motorcycle
• All-Terrain Vehicles
• Personal Watercrafts
• Other Vehicles

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Applications Covered:
• Water Entertainment
• Ground Entertainment
• Air Entertainment

Regions Covered:
• North America
or US
or Canada
or Mexico
• Europe
or Germany
or UK
or Italy
or France
or Spain
or Rest of Europe
• Asia Pacific
or Japan
or China
or India
or Australia
or New Zealand
or South Korea
or Rest of Asia Pacific
• South America
or Argentina
or Brazil
or Chile
or Rest of South America
• Middle East & Africa
or Saudi Arabia
or UAE
or Qatar
or South Africa
or Rest of Middle East & Africa

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- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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