QYR Market Research Global Power Sports market research | Page 6
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2. Sales
Globally, the Power Sports industry market is low concentrated as the manufacturing
technology of Power Sports is relatively matures than some high-tech equipment. And
some enterprises, like Honda, BRP, KTM, etc. are well-known for the wonderful
performance of their Power Sports and related services. At the same time, Asia-
Pacific, occupied 36.02% sales market share in 2017 is remarkable in the global Power
Sports industry because of their lowest cost of raw material and labor.
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The consumption volume of Power Sports is related to downstream industries and
global economy. As there will always be some uncertain in the global economy in the
following years, the growth rate of Power Sports industry may not keep that fast. But
it is surely forecasted that the market of Power Sports is still promising.