PDF-All Terrain Vehicle (ATV) Market: Global Market Insights, Inc. All Terrain Vehicle (ATV) Market size was valued

All Terrain Vehicle (ATV) Market size is expected to reach USD 9.2 billion by 2024: Global Market Insights Inc. All Terrain Vehicle (ATV) Market size is expected to reach USD 9.2 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising trends in recreational uses like off-roading, sports & racing will stimulate all terrain vehicle market size. Changing consumer lifestyle, demographics and developing tourist attractions are the key factors supporting industry growth. GPS & mobile tracking along with Bluetooth connectivity enhances the whole experience. Furthermore, introduction of next generation engines providing better fuel-efficiency and economy is expected to drive all terrain vehicle market size. Hybrid engines provide better control while riding due to lighter weight, and can travel longer distances due to the presence of an alternate power reserve. Next generation ATVs offer customers with the choice of a propulsion system such as gas-electric, diesel-electric, or solarelectric drive trains. Various applications, such as defense and military explorations, require the utilization of propulsion systems by fuels, which are easily available. According to the Consumer Product Safety Commission (CPSC), children under 16 are not allowed to drive or ride adult ATVs and should always wear helmets & other protective gears such as eye protection, boots, long pants & sleeved shirts, and gloves. Distinct features, such as stiffer suspensions, lighter weights and lower centers of gravity providing superior handling abilities will drive industry demand across racing applications. Improving economic factors, such as rising GDP and GNI, along with growing urban population 1|Page