North America Youth ATV & UTV Market Share

North America Youth ATV & UTV Market Share

Major North America Youth ATV & UTV market players include :

• Arctic Cat
• BRP
• Hisun Motors
• Honda Motors
• Polaris Industries
• Yamaha Motor Corporation

Other significant participants include All Wheels Canada, Apex, Apollo Motors, Bintelli Offroad, BMS Motors, DRR USA Inc., Kawasaki Motors Corporation, KYMCO, Mademoto, Rosso Motors, SSR Motorsports, Suzuki Motor Corporation, Tomride, USA, Motortoys, and Venom Motorsports.
 

Industry players are strengthening their manufacturing capability to enhance their market share. In December 2015, BRP announced an investment of USD 118 million in its Valcourt manufacturing site for better material flow, decreased set-up times, inventory reduction, and modern technologies to reduce the manufacturing costs and create the value for customers.
 

Further, the market participants are expanding their product portfolio to serve larger consumer base. For instance, in October 2018, Polaris Industries introduced ACE 150 EFI for 10 year above age group. Growing availability and accessibility to off road vehicles will accelerate the market growth in next six years.