Power Sports Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Power Sports Market is segmented By Vehicle (Heavyweight Motorcycles, ATVs, Side-by-side Vehicles, Personal Watercraft, Snowmobiles), By Propulsion (Gasoline, Electric, Diesel), By Application (Recreational (Leisure Activities, Sports Events), Commercial (Agriculture, Military, Law Enforcement)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Power Sports Market is segmented By Vehicle (Heavyweight Motorcycles, ATVs, Side-by-side Vehicles, Personal Watercraft, Snowmobiles), By Propulsion (G....

Power Sports Market Size

Market Size in USD

CAGR5.7%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	5.7%
Market Concentration	High
Major Players	Polaris Industries Inc., Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., BRP Inc., Kawasaki Heavy Industries

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Power Sports Market Analysis

The power sports market is estimated to be valued at USD 37.8 billion in 2024 and is expected to reach USD 55.72 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The power sports market has been witnessing positive trends with growing consumer preference towards open-air recreational activities and introduction of technologically advanced features.

Power Sports Market Report Snapshots

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