Europe Powersports Market Forecast to 2028

Report Code : BMIRE00025288 | Region : Europe | Industry : Automotive and Transportation | Published Date : 11/Jul/2022
Europe Powersports Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (All-Terrain Vehicles, Side-by-Side, and Motorcycles)

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.

The List of Companies - Europe Powersports Market

● American Honda Motor Company, Inc.

● BRP                  

● Kawasaki Motors Corp             

● Polaris Inc.    

● Suzuki Motor USA     

● Yamaha Motor Corporation

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

The List of Companies - Europe Powersports Market

● American Honda Motor Company, Inc.

● BRP                  

● Kawasaki Motors Corp             

● Polaris Inc.    

● Suzuki Motor USA     

● Yamaha Motor Corporation

Reason To Buy

● 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

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