All Terrain Vehicle Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

All Terrain Vehicle Market, By Application (Sports, Military & Defense, Others), By Type (Utility All Terrain Vehicles, Sport All Terrain Vehicles, Ot....

All Terrain Vehicle Market Size

Market Size in USD Bn

CAGR5.7%

Study Period2025 - 2032
Base Year of Estimation2025
CAGR5.7%
Market ConcentrationHigh
Major PlayersPolaris Industries, Honda Powersport, Yamaha Motor Corporation, Arctic Cat (Textron), Kawasaki Heavy Industries and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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All Terrain Vehicle Market Analysis

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.