Global Side by Side Vehicles Market (SSVs) is expected to grow at a CAGR of 8.6% throughout the forecast period, to reach US$ 22.04 Bn. by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To Know About The Research Methodology :- Request Free Sample Report Global Side-by-Side Vehicles (SSVs) Market is segmented by vehicle type application and region. Vehicle type is classified as a utility, recreational, and sports. The application is segregated into sports, entertainment, agriculture, military, hunting. Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Side by side vehicles was commercially available in 2019. Side by side vehicle is a small off-road vehicles that accommodate one to six people. There is a concern about the risk of rollovers by side by side vehicles. Driving factor of the side by side vehicle market is rising in the production of new Side-by-side vehicles is driving the global automotive side by side vehicles market. The increasing disposable incomes and an incessant shift from ATVs to SSVs are the basic drivers that are growing the demand for side-by-side vehicles market. An increasing use of Side by side vehicles in agriculture such as UTV and sports purposes are also likely to drive the request for Side by side vehicles during the forecast period (2019-2026). The recalls are owing to faulty door hinges, overheating engines, fuel leaks and braking issues in side by side vehicle. Side-by-side vehicles lack both the stability and safety features which were accessible in traditional automobiles. This is hampering the growth of the global automotive side by side vehicles market is restraint of the market.
Segment Analysis:
On the basis of vehicle type, Utility SSV is projected to remain the largest segment of the market during the forecast period, while the sports segment is likely to witness the highest growth during the same period, driven by an increasing preference of SSVs for sports purpose. Based on the application, Sports and entertainment are the major applications which meet occupied more than 50% of the SSVs market in 2019. Both applications are expected to remain the largest application segments over the upcoming year. All the major key-players are launching their SSV models targeting these applications.Regional Analysis:
In terms of region, North America is dominating the market for SSVs over the next five years, driven by the USA and Canada. Europe, another major region, is likely to grow at a healthy rate over the upcoming year propelled by Germany and France. Asia-Pacific is rather very small market but is likely to witness the highest growth during the forecast period, driven by an increased demand for power sports in many countries including China, Australia, and India.Global Side by Side Vehicles Market (SSVs), Key Highlights:
Global Side by Side Vehicles Market (SSVs) analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Side by Side Vehicles Market (SSVs) Global Side by Side Vehicles Market (SSVs) segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Side by Side Vehicles Market (SSVs) strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Side by Side Vehicles Market (SSVs) analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Side by Side Vehicles Market (SSVs) are also profiled.Scope of the Global Side by Side Vehicles Market (SSVs): Inquire before buying
Side by Side Vehicles Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 12.37 Bn. Forecast Period 2023 to 2029 CAGR: 8.6% Market Size in 2029: US $ 22.04 Bn. Segments Covered: by Vehicle type Utility Recreational Sports by Application Sports Entertainment Agriculture Military Hunting Others Global Side-by-Side Vehicles (SSVs) Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Global Side by Side Vehicles Market (SSVs) Key Players
1. Kawasaki Motors Corp. 2. Deere & Company (John Deere) 3. Kubota Corporation 4. BRP Inc. 5. Yamaha Motors Co., Ltd. 6. Honda Motors Co., Ltd. 7. Development of new SSVs 8. Vast product portfolio 9. Polaris Industries 10. In-house key component manufacturing 11. Arctic Cat Inc. 12. Polaris Industries 13. BRP Inc. 14. Deere & Company (John Deere) 15. Kubota Corporation 16. Honda Motors Co., Ltd. 17. Kawasaki Motors Corp. 18. Textron Inc. (Arctic Cat Inc). 19. Hisun 20. Kwang Yang Motor Co Frequently Asked Questions: 1. Which region has the largest share in Global Side by Side Vehicles Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Side by Side Vehicles Market? Ans: The Global market is growing at a CAGR of 8.6 % during forecasting period 2023-2029. 3. What is scope of the Global Side by Side Vehicles Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Side by Side Vehicles Market size in 2022? Ans: The Global market was valued at US$ 12.37 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global market is studied from 2022 to 2029.
Global Side by Side Vehicles Market (SSVs)
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Side by Side Vehicles Market (SSVs) Size, by Market Value (US$ Bn) and Volume (US$ Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Side by Side Vehicles Market (SSVs) Analysis and Forecast 6.1. Global Side by Side Vehicles Market (SSVs) Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Side by Side Vehicles Market (SSVs) Analysis and Forecast, by Vehicle type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 7.4. Global Side by Side Vehicles Market (SSVs) Size (US$ Bn) Forecast, by Vehicle type 7.5. Global Side by Side Vehicles Market (SSVs) Analysis, by Vehicle type 7.6. Global Side by Side Vehicles Market (SSVs) Attractiveness Analysis, by Vehicle type 8. Global Side by Side Vehicles Market (SSVs) Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 8.4. Global Side by Side Vehicles Market (SSVs) Size (US$ Bn) Forecast, by Application 8.5. Global Side by Side Vehicles Market (SSVs) Analysis, by Application 8.6. Global Side by Side Vehicles Market (SSVs) Attractiveness Analysis, by Application 9. Global Side by Side Vehicles Market (SSVs) Analysis, by Region 9.1. Global Side by Side Vehicles Market (SSVs) Value Share Analysis, by Region 9.2. Global Side by Side Vehicles Market (SSVs) Size (US$ Bn) Forecast, by Region 9.3. Global Side by Side Vehicles Market (SSVs) Attractiveness Analysis, by Region 10. North America Side by Side Vehicles Market (SSVs) Analysis 10.1. Key Findings 10.2. North America Side by Side Vehicles Market (SSVs) Overview 10.3. North America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 10.4. North America Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 10.4.1. Utility 10.4.2. Recreational 10.4.3. Sports 10.5. North America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 10.6. North America Side by Side Vehicles Market (SSVs) Forecast, by Application 10.6.1. Sports 10.6.2. Entertainment 10.6.3. Agriculture 10.6.4. Military 10.6.5. Hunting 10.6.6. Others 10.7. North America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Country 10.8. North America Side by Side Vehicles Market (SSVs) Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Side by Side Vehicles Market (SSVs) Analysis, by Country 10.10. U.S. Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 10.10.1. Utility 10.10.2. Recreational 10.10.3. Sports 10.11. U.S. Side by Side Vehicles Market (SSVs) Forecast, by Application 10.11.1. Sports 10.11.2. Entertainment 10.11.3. Agriculture 10.11.4. Military 10.11.5. Hunting 10.11.6. Others 10.12. Canada Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 10.12.1. Utility 10.12.2. Recreational 10.12.3. Sports 10.13. Canada Side by Side Vehicles Market (SSVs) Forecast, by Application 10.13.1. Sports 10.13.2. Entertainment 10.13.3. Agriculture 10.13.4. Military 10.13.5. Hunting 10.13.6. Others 10.14. North America Side by Side Vehicles Market (SSVs) Attractiveness Analysis 10.14.1. By Vehicle type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Side by Side Vehicles Market (SSVs) Analysis 11.1. Key Findings 11.2. Europe Side by Side Vehicles Market (SSVs) Overview 11.3. Europe Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 11.4. Europe Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.4.1. Utility 11.4.2. Recreational 11.4.3. Sports 11.5. Europe Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 11.6. Europe Side by Side Vehicles Market (SSVs) Forecast, by Application 11.6.1. Sports 11.6.2. Entertainment 11.6.3. Agriculture 11.6.4. Military 11.6.5. Hunting 11.6.6. Others 11.7. Europe Side by Side Vehicles Market (SSVs) Value Share Analysis, by Country 11.8. Europe Side by Side Vehicles Market (SSVs) Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Side by Side Vehicles Market (SSVs) Analysis, by Country 11.10. Germany Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.10.1. Utility 11.10.2. Recreational 11.10.3. Sports 11.11. Germany Side by Side Vehicles Market (SSVs) Forecast, by Application 11.11.1. Sports 11.11.2. Entertainment 11.11.3. Agriculture 11.11.4. Military 11.11.5. Hunting 11.11.6. Others 11.12. U.K. Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.12.1. Utility 11.12.2. Recreational 11.12.3. Sports 11.13. U.K. Side by Side Vehicles Market (SSVs) Forecast, by Application 11.13.1. Sports 11.13.2. Entertainment 11.13.3. Agriculture 11.13.4. Military 11.13.5. Hunting 11.13.6. Others 11.14. France Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.14.1. Utility 11.14.2. Recreational 11.14.3. Sports 11.15. France Side by Side Vehicles Market (SSVs) Forecast, by Application 11.15.1. Sports 11.15.2. Entertainment 11.15.3. Agriculture 11.15.4. Military 11.15.5. Hunting 11.15.6. Others 11.16. Italy Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.16.1. Utility 11.16.2. Recreational 11.16.3. Sports 11.17. Italy Side by Side Vehicles Market (SSVs) Forecast, by Application 11.17.1. Sports 11.17.2. Entertainment 11.17.3. Agriculture 11.17.4. Military 11.17.5. Hunting 11.17.6. Others 11.18. Spain Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.18.1. Utility 11.18.2. Recreational 11.18.3. Sports 11.19. Spain Side by Side Vehicles Market (SSVs) Forecast, by Application 11.19.1. Sports 11.19.2. Entertainment 11.19.3. Agriculture 11.19.4. Military 11.19.5. Hunting 11.19.6. Others 11.20. Rest of Europe Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 11.20.1. Utility 11.20.2. Recreational 11.20.3. Sports 11.21. Rest Of Europe Side by Side Vehicles Market (SSVs) Forecast, by Application 11.21.1. Sports 11.21.2. Entertainment 11.21.3. Agriculture 11.21.4. Military 11.21.5. Hunting 11.21.6. Others 11.22. Europe Side by Side Vehicles Market (SSVs) Attractiveness Analysis 11.22.1. By Vehicle type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Side by Side Vehicles Market (SSVs) Analysis 12.1. Key Findings 12.2. Asia Pacific Side by Side Vehicles Market (SSVs) Overview 12.3. Asia Pacific Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 12.4. Asia Pacific Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.4.1. Utility 12.4.2. Recreational 12.4.3. Sports 12.5. Asia Pacific Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 12.6. Asia Pacific Side by Side Vehicles Market (SSVs) Forecast, by Application 12.6.1. Sports 12.6.2. Entertainment 12.6.3. Agriculture 12.6.4. Military 12.6.5. Hunting 12.6.6. Others 12.7. Asia Pacific Side by Side Vehicles Market (SSVs) Value Share Analysis, by Country 12.8. Asia Pacific Side by Side Vehicles Market (SSVs) Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Side by Side Vehicles Market (SSVs) Analysis, by Country 12.10. China Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.10.1. Utility 12.10.2. Recreational 12.10.3. Sports 12.11. China Side by Side Vehicles Market (SSVs) Forecast, by Application 12.11.1. Sports 12.11.2. Entertainment 12.11.3. Agriculture 12.11.4. Military 12.11.5. Hunting 12.11.6. Others 12.12. India Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.12.1. Utility 12.12.2. Recreational 12.12.3. Sports 12.13. India Side by Side Vehicles Market (SSVs) Forecast, by Application 12.13.1. Sports 12.13.2. Entertainment 12.13.3. Agriculture 12.13.4. Military 12.13.5. Hunting 12.13.6. Others 12.14. Japan Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.14.1. Utility 12.14.2. Recreational 12.14.3. Sports 12.15. Japan Side by Side Vehicles Market (SSVs) Forecast, by Application 12.15.1. Sports 12.15.2. Entertainment 12.15.3. Agriculture 12.15.4. Military 12.15.5. Hunting 12.15.6. Others 12.16. ASEAN Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.16.1. Utility 12.16.2. Recreational 12.16.3. Sports 12.17. ASEAN Side by Side Vehicles Market (SSVs) Forecast, by Application 12.17.1. Sports 12.17.2. Entertainment 12.17.3. Agriculture 12.17.4. Military 12.17.5. Hunting 12.17.6. Others 12.18. Rest of Asia Pacific Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 12.18.1. Utility 12.18.2. Recreational 12.18.3. Sports 12.19. Rest of Asia Pacific Side by Side Vehicles Market (SSVs) Forecast, by Application 12.19.1. Sports 12.19.2. Entertainment 12.19.3. Agriculture 12.19.4. Military 12.19.5. Hunting 12.19.6. Others 12.20. Asia Pacific Side by Side Vehicles Market (SSVs) Attractiveness Analysis 12.20.1. By Vehicle type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Side by Side Vehicles Market (SSVs) Analysis 13.1. Key Findings 13.2. Middle East & Africa Side by Side Vehicles Market (SSVs) Overview 13.3. Middle East & Africa Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 13.4. Middle East & Africa Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 13.4.1. Utility 13.4.2. Recreational 13.4.3. Sports 13.5. Middle East & Africa Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 13.6. Middle East & Africa Side by Side Vehicles Market (SSVs) Forecast, by Application 13.6.1. Sports 13.6.2. Entertainment 13.6.3. Agriculture 13.6.4. Military 13.6.5. Hunting 13.6.6. Others 13.7. Middle East & Africa Side by Side Vehicles Market (SSVs) Value Share Analysis, by Country 13.8. Middle East & Africa Side by Side Vehicles Market (SSVs) Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Side by Side Vehicles Market (SSVs) Analysis, by Country 13.10. GCC Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 13.10.1. Utility 13.10.2. Recreational 13.10.3. Sports 13.11. GCC Side by Side Vehicles Market (SSVs) Forecast, by Application 13.11.1. Sports 13.11.2. Entertainment 13.11.3. Agriculture 13.11.4. Military 13.11.5. Hunting 13.11.6. Others 13.12. South Africa Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 13.12.1. Utility 13.12.2. Recreational 13.12.3. Sports 13.13. South Africa Side by Side Vehicles Market (SSVs) Forecast, by Application 13.13.1. Sports 13.13.2. Entertainment 13.13.3. Agriculture 13.13.4. Military 13.13.5. Hunting 13.13.6. Others 13.14. Rest of Middle East & Africa Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 13.14.1. Utility 13.14.2. Recreational 13.14.3. Sports 13.15. Rest of Middle East & Africa Side by Side Vehicles Market (SSVs) Forecast, by Application 13.15.1. Sports 13.15.2. Entertainment 13.15.3. Agriculture 13.15.4. Military 13.15.5. Hunting 13.15.6. Others 13.16. Middle East & Africa Side by Side Vehicles Market (SSVs) Attractiveness Analysis 13.16.1. By Vehicle type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Side by Side Vehicles Market (SSVs) Analysis 14.1. Key Findings 14.2. South America Side by Side Vehicles Market (SSVs) Overview 14.3. South America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Vehicle type 14.4. South America Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 14.4.1. Utility 14.4.2. Recreational 14.4.3. Sports 14.5. South America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Application 14.6. South America Side by Side Vehicles Market (SSVs) Forecast, by Application 14.6.1. Sports 14.6.2. Entertainment 14.6.3. Agriculture 14.6.4. Military 14.6.5. Hunting 14.6.6. Others 14.7. South America Side by Side Vehicles Market (SSVs) Value Share Analysis, by Country 14.8. South America Side by Side Vehicles Market (SSVs) Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Side by Side Vehicles Market (SSVs) Analysis, by Country 14.10. Brazil Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 14.10.1. Utility 14.10.2. Recreational 14.10.3. Sports 14.11. Brazil Side by Side Vehicles Market (SSVs) Forecast, by Application 14.11.1. Sports 14.11.2. Entertainment 14.11.3. Agriculture 14.11.4. Military 14.11.5. Hunting 14.11.6. Others 14.12. Mexico Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 14.12.1. Utility 14.12.2. Recreational 14.12.3. Sports 14.13. Mexico Side by Side Vehicles Market (SSVs) Forecast, by Application 14.13.1. Sports 14.13.2. Entertainment 14.13.3. Agriculture 14.13.4. Military 14.13.5. Hunting 14.13.6. Others 14.14. Rest of South America Side by Side Vehicles Market (SSVs) Forecast, by Vehicle type 14.14.1. Utility 14.14.2. Recreational 14.14.3. Sports 14.15. Rest of South America Side by Side Vehicles Market (SSVs) Forecast, by Application 14.15.1. Sports 14.15.2. Entertainment 14.15.3. Agriculture 14.15.4. Military 14.15.5. Hunting 14.15.6. Others 14.16. South America Side by Side Vehicles Market (SSVs) Attractiveness Analysis 14.16.1. By Vehicle type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. BRP Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Kawasaki Motors Corp. 15.3.3. Deere & Company (John Deere) 15.3.4. Kubota Corporation 15.3.5. Yamaha Motors Co., Ltd. 15.3.6. Honda Motors Co., Ltd. 15.3.7. Development of new SSVs 15.3.8. Vast product portfolio 15.3.9. Polaris Industries 15.3.10. In-house key component manufacturing 15.3.11. Arctic Cat Inc. 15.3.12. Polaris Industries 15.3.13. BRP Inc. 15.3.14. Deere & Company (John Deere) 15.3.15. Kubota Corporation 15.3.16. Honda Motors Co., Ltd. 15.3.17. Kawasaki Motors Corp. 15.3.18. Textron Inc. (Arctic Cat Inc). 15.3.19. Hisun 15.3.20. Kwang Yang Motor Co 16. Primary Key Insights