ReportsnReports.com adds a new research report Global All-Terrain Vehicles Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
This report covers the present scenario and the growth prospects of the global all-terrain vehicles market for 2016-2020. To calculate the market size, the report provides the performance and market dominance of each of the vendors in terms of experience, product portfolio, geographical presence, financial condition, and R&D.
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This analyst forecast the global all-terrain vehicles market to grow at a CAGR of 8.19% during the period 2016-2020. ATV (also known as a quad, quad bike, three-wheeler, four-wheeler, or quadricycle) are off-highway recreational vehicles specifically designed for a wider variety of terrains such as a combination of land, water, snow, ice, marsh, swampland, and natural terrain. The off-road segment of recreational activities is one of the fastest growing markets compared with the conventional segments in the motorsports industry. The segment is still in its infant stage demonstrating incredible scope for growth in the off-road world with the rising trend for recreational activities such as sports and racing. Off-roading involves driving or riding a vehicle on unsurfaced terrains requiring vehicles that would accommodate off-road conditions.
The market is divided into the following segments based on geography:
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Other prominent vendors
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