Home > Automotive & Transportation > U.S. Utility Terrain Vehicles (UTV) Market

U.S. Utility Terrain Vehicles (UTV) Market Size By Displacement (Below 400 CC, 400-800 CC, Above 800 CC), By Propulsion Type (Gasoline, Diesel, Electric), By Application (Utility, Sports, Recreation, Military) & Forecast, 2023-2032

  • Report ID: GMI4542
  • Published Date: Feb 2023
  • Report Format: PDF

U.S. Utility Terrain Vehicles Market Size

U.S. Utility Terrain Vehicles Market size valued at USD 6 billion in 2022 and is projected to expand at more than 5% CAGR from 2023 to 2032, owing to the higher engagement in outdoor recreational activities.

U.S. Utility Terrain Vehicles Market

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With the growing participation of the global population in recreational activities, the acceptance of off-road vehicles has increased. The inclination of the youth toward trail sports, adventure sports, and motorcycle riding is also bolstering the demand for power sports vehicles. As per the U.S. Bureau of Labor Statistics, in 2021, people aged 15 years or above spent 5.3 hours on average per day in sports and leisure activities. Since UTV has become a popular off-road vehicle option, increasing recreational activity participation will promote the growth of off-road utility vehicle manufacturers.

The introduction of carbon emission regulations is creating awareness about eco-friendly UTVs among environmentally conscious consumers. This electrification trend will create opportunities for the manufacturers of electric off-road vehicles to innovate and comply with regulatory requirements. Despite the favorable landscape, the high initial and maintenance cost may act as a barrier to utility all-terrain vehicle adoption to some extent. The integration of advanced tech features including integrated communication systems and display monitors also can increase the overall product cost, leading to less accessibility for budget-conscious consumers.

U.S. Utility Terrain Vehicles Market Analysis

U.S. UTV Market Revenue Share, By Application

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The sports utility terrain vehicles market in U.S. exceeded at over USD 2 billion in 2022. The introduction of compelling racing events including Legacy Racing, Rally on The Rocks, and the UTV World Championship is one of the major drivers for industry growth. As per estimates from the U.S. Bureau of Economic Analysis, in 2021, the outdoor recreation economy accounted for close to USD 454 billion of the current-dollar GDP in the nation. This rise in spending on outdoor activities and the growing participation in off-road events will proliferate UTV adoption in sports.


Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The U.S. market of UTV size crossed USD 6 billion in 2022 and is predicted to depict over 5% CAGR through 2032, owing to the higher engagement in outdoor recreational activities.

The electric propulsion segment will exhibit over 20% CAGR between 2023 and 2032, given the rising awareness about harmful vehicular emissions.

California utility terrain vehicles (UTV) industry size is projected to cross USD 1.5 billion by 2032, on account of the increasing popularity of off-road races.

Volcon, Martex Global Enterprises, Vanderhall Motor Works Inc., Yamaha Motor Co., Ltd., Polaris Inc., Bombardier Recreational Products (BRP), BMS Motorsports, Inc., and Arctic Cat, Inc. are among the key players in the U.S. utility terrain vehicles (UTV) market.

U.S. Utility Terrain Vehicles (UTV) Market Scope

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  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 573
  • Countries covered: 40
  • Pages: 330
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