The powersports market in Europe is expected to grow from US$ 11,516.11 million in 2021 to US$ 15,774.75 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
The flourishing market of utility-terrain vehicles (UTVs) is one of the main factors contributing to the powersports market growth in Europe. Moreover, technological advancements have contributed to the improved durability and adaptability to off-road vehicles, thereby ensuring greater enjoyment for ATV and UTV riders. For example, Honda has developed its off-road advancements throughout the years, the most current of which is I-4WD. The 1-4WD system monitors the left and right front wheel speeds and applies brakes to the spinning wheel while increasing driving force to the wheel with higher traction. As a consequence, riders can climb up, over, and through harder barriers. As I-4WD is always ready, riders don’t have to stop to initiate it. Honda's Hill Start Assist is also compatible with I-4WD. Further, Polaris launched an independent rear suspension (IRS) on its flagship Sportsman model, along with its first 4-stroke ATV powertrain. The Sportsman 500 IRS was a full-size ATV with a long-route IRS that revolutionized ATV riding and increased its ability to traverse deep muck. Furthermore, Polaris dubbed its 4×4 technology named "Demand Drive," which automatically locks the front different when the terrain demands severe 4-wheel traction. The electrically charged system then automatically reverts to differential 4×4 when the traction is restored. Continuous advancements in ATVs and UTVs provide a lucrative opportunity for the growth of powersports market players.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe powersports market at a notable CAGR during the forecast period.
Europe Powersports Market Revenue and Forecast to 2028 (US$ Million)
Europe Powersports Market Segmentation
The Europe powersports market is segmented into type and country. Based on type, the market is segmented into all-terrain vehicles, side-by-side, and motorcycles. The motorcycles segment led the market with the largest share in 2020. Based on country, the Europe powersports market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe.
American Honda Motor Company, Inc.; BRP; Kawasaki Motors Corp; Polaris Inc.; Suzuki Motor USA; and Yamaha Motor Corporation are among the leading companies in the Europe powersports market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Powersports Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Powersports Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 All-Terrain Vehicle Getting Popular
5.1.2 Rise in Use of Powersports to Boost Adventure Tourism
5.2 Market Restraints
5.2.1 Alteration of Soil Structure and Adverse Impact on Vegetation
5.3 Market Opportunities
5.3.1 Continuous Innovations in Powersports Products
5.4 Future Trends
5.4.1 Green Energy in Powersports Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Powersports Market – Europe Analysis
6.1 Europe Powersports Market Overview
6.2 Europe Powersports Market Revenue Forecast and Analysis
7. Europe Powersports Market Revenue and Forecasts To 2028 – Type
7.1 Overview
7.2 Europe Powersports Market, By Type (2020 And 2028)
7.3 All-Terrain Vehicles
7.3.1 Overview
7.3.2 All-Terrain Vehicles: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.3.3 Utility Market
7.3.3.1 Overview
7.3.3.2 Utility Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.3.4 Sports Market
7.3.4.1 Overview
7.3.4.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4 Side-By-Side
7.4.1 Overview
7.4.2 Side-By-Side: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4.3 Utility Market
7.4.3.1 Overview
7.4.3.2 Utility Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4.4 Sports Market
7.4.4.1 Overview
7.4.4.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5 Motorcycles
7.5.1 Overview
7.5.2 Motorcycles: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.3 Street Market
7.5.3.1 Overview
7.5.3.2 Street Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.4 Cruiser Market
7.5.4.1 Overview
7.5.4.2 Cruiser Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.5 Sports Market
7.5.5.1 Overview
7.5.5.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.6 Dual Sports Market
7.5.6.1 Overview
7.5.6.2 Dual Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.7 Adventure Market
7.5.7.1 Overview
7.5.7.2 Adventure Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.8 Others Market
7.5.8.1 Overview
7.5.8.2 Others Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
8. Europe Powersports Market – Country Analysis
8.1 Overview
8.1.1 Europe: Powersports Market Breakdown, by Country
8.1.1.1 Germany: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.1.1 Germany: Powersports Market Breakdown, by Type
8.1.1.1.1.1 Germany: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.1.1.2 Germany: Powersports Market Breakdown, by Side-by-Side
8.1.1.1.1.3 Germany: Powersports Market Breakdown, by Motorcycles
8.1.1.2 France: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.2.1 France: Powersports Market Breakdown, by Type
8.1.1.2.1.1 France: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.2.1.2 France: Powersports Market Breakdown, by Side-by-Side
8.1.1.2.1.3 France: Powersports Market Breakdown, by Motorcycles
8.1.1.3 Italy: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.3.1 Italy: Powersports Market Breakdown, by Type
8.1.1.3.1.1 Italy: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.3.1.2 Italy: Powersports Market Breakdown, by Side-by-Side
8.1.1.3.1.3 Italy: Powersports Market Breakdown, by Motorcycles
8.1.1.4 United Kingdom: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.4.1 United Kingdom: Powersports Market Breakdown, by Type
8.1.1.4.1.1 UK: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.4.1.2 UK: Powersports Market Breakdown, by Side-by-Side
8.1.1.4.1.3 UK: Powersports Market Breakdown, by Motorcycles
8.1.1.5 Russia: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.5.1 Russia: Powersports Market Breakdown, by Type
8.1.1.5.1.1 Russia: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.5.1.2 Russia: Powersports Market Breakdown, by Side-by-Side
8.1.1.5.1.3 Russia: Powersports Market Breakdown, by Motorcycles
8.1.1.6 Rest of Europe: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.6.1 Rest of Europe: Powersports Market Breakdown, by Type
8.1.1.6.1.1 Rest of Europe: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.6.1.2 Rest of Europe: Powersports Market Breakdown, by Side-by-Side
8.1.1.6.1.3 Rest of Europe: Powersports Market Breakdown, by Motorcycles
9. Industry Landscape
9.1 Market Initiative
9.2 Merger and Acquisition
9.3 New Development
10. Company Profiles
10.1 BRP
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Kawasaki Motors Corp
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Polaris Inc.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Yamaha Motor Corporation
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Suzuki Motor USA
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 American Honda Motor Company, Inc.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES.
Table 1. Europe Powersports Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Powersports Market, Revenue and Forecast To 2028 – by Country (US$ million)
Table 3. Germany: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 4. Germany: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 5. Germany: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 6. Germany: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 7. France: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 8. France: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 9. France: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 10. France: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 11. Italy: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 12. Italy: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 13. Italy: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 14. Italy: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 15. United Kingdom: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 16. UK: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 17. UK: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 18. UK: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 19. Russia: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 20. Russia: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 21. Russia: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 22. Russia: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 23. Rest of Europe: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 24. Rest of Europe: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 25. Rest of Europe: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 26. Rest of Europe: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES.
Figure 1. Europe Powersports Market Segmentation
Figure 2. Europe Powersports Market Segmentation – By Country
Figure 3. Europe Powersports Market Overview
Figure 4. Europe Powersports Market, by Type
Figure 5. Europe Powersports Market, by Country
Figure 6. Europe: PEST Analysis
Figure 7. Powersports Market- Ecosystem Analysis
Figure 8. Europe Powersports Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Powersports Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Europe Powersports Market, By Type (2020 and 2028)
Figure 11. Europe All-Terrain Vehicles: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Utility Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Side-By-Side: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Utility Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Motorcycles: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Street Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Cruiser Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Dual Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Adventure Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Others Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Powersports Market, by Key Country - Revenue (2020) (US$ Million)
Figure 25. Europe: Powersports Market Breakdown, by Country, 2020 and 2028(%)
Figure 26. Germany: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 27. France: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 28. Italy: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 29. United Kingdom: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 30. Russia: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 31. Rest of Europe: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
The List of Companies - Europe Powersports Market
● American Honda Motor Company, Inc.
● BRP
● Kawasaki Motors Corp
● Polaris Inc.
● Suzuki Motor USA
● Yamaha Motor Corporation
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe powersports market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe powersports market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the powersports market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
