PDF-All Terrain Vehicle (ATV) Market: Global Market Insights, Inc. All Terrain Vehicle (ATV) Market size was valued | Page 3

for agriculture, search & recovery operations and travel will favor industry growth.  Major industry participants are Polaris, Arctic Cat, Can-Am, Honda and Yamaha. The key strategies implemented by the manufacturers include new product development or introduction of advanced models in order to maintain their revenue.  The competitive scenario is characterized by mergers & acquisitions to consolidate global share. For example, Polaris acquisition of Chinese Manufacturer Hammerhead in June 2016 to strengthen its position in India and China.  The ATV market is anticipated to witness high R&D investments accompanied by swift technology innovation. Rising focus on developing eco-friendly versions owing to excessive sound and environmental pollution caused by traditional vehicles is likely to propel industry growth.  Development of eco-friendly products, such as electrically operated vehicles, may offer potential growth avenues for incumbent players as well as new entrants. About Global Market Insights Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Jack Davis Corporate Sales, USA Global Market Insights, Inc. Phone: [phone] Toll Free: 1-888-689-0688 Email: [email protected] Website: https://www.gminsights.com/ Blog: https://gminsights.wordpress.com/ 3|Page