DUBLIN--(BUSINESS WIRE)--The "European ATV and UTV Markets 2021-2028" report has been added to ResearchAndMarkets.com's products.
The European ATV and UTV markets are expected to grow at a CAGR of 6.79% during the period 2021-2028.
The growing demand for various applications including military, agriculture, sports, entertainment, hunting and forestry has supplemented the growth of the French ATV and UTV markets.
In addition, the proliferation of adventure and leisure parks has increased the demand for these utility vehicles and supported the expansion of the research market. In China, Formula Cross-Country is considered the most extreme cross-country race. Drivers compete in steep hills and terrain. Therefore, as mentioned above, all these factors play a vital role in driving the national ATV and UTV markets.
In Spain, the government has invested heavily in agricultural and forestry machinery, combined with advanced technology. This is mainly because the demand for food continues to increase, thereby increasing the demand for better agricultural machinery. Here, ATV and UTV help to transport materials quickly and easily, making them ideal for agricultural environments.
In addition, these vehicles are widely used in Barcelona because of the many off-road events held in the area. These factors have increased the demand for ATV and UTV, thereby expanding the scope of the Spanish ATV and UTV market.
Some well-known companies in the ATV and UTV markets include Deere & Company, Textron Inc, Kubota Corporation, CFmoto, Suzuki Motors Corporation, and Honda Motor Company.
1. European ATV and UTV Market-Summary
2.1.1. Increasing use of all-terrain vehicles on uneven roads
2.1.2. Add ATV experience area
2.1.3. The penetration rate of Cvts in ATV continues to increase
2.2. The impact of COVID-19 on the ATV and UTV markets
2.8.1. Increasing popularity of adventure sports
2.8.2. Increase the use of ATV and UTV in the military
2.8.3. Government rules supporting ATV and UTV
2.9.1. Driving is prohibited in wildlife areas
2.10.1. Producing safer ATV and UTV
3. European ATV and UTV market-by vehicle type
4. European ATV and UTV Market-By Displacement
5. European ATV and UTV markets-by fuel type
6. European ATV and UTV Market-By Application
7. European ATV and UTV Market-By End User
8. European ATV and UTV Market-Regional Outlook
For more information about this report, please visit https://www.researchandmarkets.com/r/7zuas9
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900