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Market Overview of Global Amphibious ATV market:
According to our latest research, the global Amphibious ATV market looks promising in the next 5 years. As of 2022, the global Amphibious ATV market was estimated at USD 135.95 million, and it's anticipated to reach USD 172.3 million in 2028, with a CAGR of 4.03% during the forecast years.
An amphibious ATV is a single-person all-terrain vehicle that can double as a personal watercraft.
Increased competition
During the forecast period, competition among suppliers will increase. Suppliers will compete based on price and product quality to provide a competitive advantage in the market. During the forecast period, we expect that as product demand increases, more and more companies will enter the Amphibious ATV market, and competition among suppliers will intensify.
Emerging needs in developing regions
Amphibious ATVs have good maneuverability and off-road capabilities, and are used in military, surveying, forestry, agriculture, sports, recreation and other fields. With the economic development and population growth, the per capita disposable income of developing countries has also increased. The development of tourism, military and other industries will definitely drive the progress of related industries, and the market for amphibious ATV will further expand.
Growth of amphibious ATVs for entertainment
With the development of tourism personalization, tourism products based on a single tourism level can no longer meet people's needs for tourism psychology, so they have turned to professional demand levels such as culture, leisure, and adventure. The amphibious ATV combines transportation and entertainment, which is very suitable for outdoor adventures and provides convenience for family travel. As people's living standards increase and the demand for outdoor travel increases, the amphibious ATV market for entertainment will continue to expand.
Region Overview:
In 2022, the share of the Amphibious ATV market in North America stood at 66.64%.
Company Overview:
Argo is one of the major players operating in the Amphibious ATV market, holding a share of 27.2% in 2021.
Argo
Founded in 1967, ARGO is a manufacturer of extreme terrain vehicles. Whether used for commercial, government / public sector or personal applications, ARGO can fill the gap between recreational areas and heavy off-road equipment.
Sherp
Sherp manufactures unique SHERP ATVs with impressive features. SHERP is a reliable, low maintenance vehicle that can work under extreme operating conditions. Geologists, oil workers, fishermen, hunters, thrill seekers and discoverers are already using these ATVs to work and overcome the wild.
Segmentation Overview:
Among different product types, 6x6 segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Personal segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Amphibious ATV market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Amphibious ATV Market Report:
Market Size Estimates: Amphibious ATV market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Amphibious ATV market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Amphibious ATV market
Segment Market Analysis: Amphibious ATV market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Amphibious ATV market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Amphibious ATV Market: Revenue and sales volume of major countries in each region
Amphibious ATV Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Amphibious ATV market in major regions.
Amphibious ATV Industry Value Chain: Amphibious ATV market raw materials & suppliers, manufacturing process, distributors, downstream customers
Amphibious ATV Industry News, Policies & Regulations
Key players in the global Amphibious ATV market are covered in Chapter 12:
Argo
Sherp
RM-Terex
Zhejiang Xibeihu Special Vehicle Co., Ltd
Hydratrek
Mudd-Ox
Gibbs Technologies Limited
Tinger
In Chapter 2 and Chapter 15.1, based on types, the Amphibious ATV market from 2018 to 2028 is primarily split into:
6x6
8x8
In Chapter 3 and Chapter 15.2, based on applications, the Amphibious ATV market from 2018 to 2028 covers:
Personal
Commercial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Amphibious ATV market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028