All Terrain Vehicle Market, By Application (Sports, Military & Defense, Others), By Type (Utility All Terrain Vehicles, Sport All Terrain Vehicles, Ot....
Market Size in USD Bn
CAGR5.7%
Study Period | 2025 - 2032 |
Base Year of Estimation | 2025 |
CAGR | 5.7% |
Market Concentration | High |
Major Players | Polaris Industries, Honda Powersport, Yamaha Motor Corporation, Arctic Cat (Textron), Kawasaki Heavy Industries and Among Others |
The all terrain vehicle market is estimated to be valued at USD 6.09 Billion in 2025 and is expected to reach USD 8.98 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032. The all terrain vehicle market trend for all-terrain vehicles has shown steady growth as more people seek thrills and utility from outdoor recreation.