Powersports are a subset of the generalized category motorsports. Examples of powersport vehicles are motorcycles, ATVs, UTVs, snowmobiles and PWCs. One of the defining features of any powersport is the use of an engine, in one form or another. Other defining features of powersport vehicles include the use of handlebars to control movement and the mounting of the rider "on" the machine, exposed to the elements.
In the coming years there is an increasing demand for Power Sports in the regions of United States and Europe that is expected to drive the market for more advanced Power Sports. Growth in government budgets in the principal countries, increasing of power sports fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Power Sports will drive growth in United States and Europe markets.
The global Power Sports market is valued at 11300 million US$ in 2018 and will reach 14700 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Power Sports market based on company, product type, end user and key regions.
This report studies the global market size of Power Sports in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Power Sports in these regions.
This research report categorizes the global Power Sports market by top players/brands, region, type and end user. This report also studies the global Power Sports market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Honda
BRP
KTM
Yamaha Motor
Polaris
Ducati
Kawasaki
BMW Motorrad
Arctic Cat
Suzuki
KYMCO
MV Agusta
Triumph
CFMOTO
Feishen Group
Zero Motorcycles
Rato
HISUN Motor
Market size by Product
ATV
UTV
Motorcycle
Snowmobile
PWC
Market size by End User
Off-road
Road
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Power Sports market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Power Sports market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Power Sports companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Power Sports submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Power Sports are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Power Sports market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Power Sports . Industry analysis & Market Report on Power Sports is a syndicated market report, published as Global Power Sports Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Power Sports market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.