The Business Research Company’s Off Road Vehicle Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Off Road Vehicle Global Market Report 2023 evaluates off-road vehicle market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global off-road vehicle market size is expected to grow from $14.99 billion in 2022 to $16.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global off-road vehicle market size is expected to reach $21.06 billion in 2027 at a CAGR of 6.8%.
The Off-Road Vehicle Market Segments In The Report Are:
Off-Road Vehicle By Product Type:
Utility Vehicle
Sports Vehicle
Other Product Types
Off-Road Vehicle By Fuel:
Diesel
Gasoline
Electric
Off-Road Vehicle By Displacement:
Less Than 400 (Cc)
400 To 800 (Cc)
More Than 800 (Cc)
Off-Road Vehicle By End User Vertical:
Agriculture
Military
Sports
Other End User Verticals
Top Key Players:
BRP Inc.
CFMoto
Mahindra & Mahindra Limited
Honda Motor Co. Ltd.
Kawasaki Heavy Industries Ltd.
North America was the largest region in the off-road vehicle market in 2022.
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The table of contents in TBRC’s off-road vehicle market report includes:
1. Executive Summary
2. Off-Road Vehicle Market Characteristics
3. Off-Road Vehicle Market Trends And Strategies
4. Off-Road Vehicle Market – Macro Economic Scenario
5. Off-Road Vehicle Market Size And Growth
……
26. Africa Off-Road Vehicle Market
28. Key Mergers And Acquisitions In The Off-Road Vehicle Market
29. Off-Road Vehicle Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Off-Road Vehicle Market, Segmentation By Fuel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Off-Road Vehicle Market, Segmentation By Displacement, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……
Table 47: BRP Inc Financial Performance
Table 48: CFMoto Financial Performance
Table 49: Mahindra & Mahindra Limited Financial Performance
Table 50: Honda Motor Co. Ltd. Financial Performance
Table 51: Kawasaki Heavy Industries Ltd. Financial Performance
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