Global Power Sports Market ATV, SSV, Snowmobiles, Motorcycles &
PWC: Industry Analysis & Outlook 2016-2020
ReportsWeb.com published “Power Sports Market” from its database. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
The power sports industry comprises recreational and utility oriented vehicles and is leisure and
lifestyle based industry. The industry includes off-road Vehicles (ORVs) , including all-terrain
vehicles (ATVs) and side-by-side vehicles (SxS) , snowmobiles, motorcycles, and personal water
crafts (PWC) . The market is mainly concentrated in the region of North America (the US and
Canada) and Europe in particular.
The report "Global Power Sports Market Report" provides an in-depth analysis of the global
power sports market and also major regional markets on the basis of various segments. The
major trends, growth drivers as well as issues being faced by the industry are being presented
in this report. The key players in the industry, Polaris Industries, Honda Motor, Yamaha Motor
and Harley Davidson are being profiled.
For more information about this report: http://www.reportsweb.com/global-power-sports-
market-atv-ssv-snowmobiles-motorcycles-and-pwc-industry-analysis-and-outlook-2016-2020
The key factors driving the growth of the power sports market are accelerating economic
growth, growing urbanization and expansion in international markets. Some of the noteworthy
trends and developments of this industry are focus on technologies and electric off-road racing
vehicles gaining popularity. However, the expansion of global power sports market is hindered
by fluctuation in prices of products, environmental issues and effects of weather.
North America is the largest market for ATV representing more than two-thirds of the market.
In North America, the US accounts for the largest share followed by Canada. Also, in
snowmobile segment, the US and Canada are the major regions globally accounting for more
two-thirds of the market share. In motorcycle segment, the sales in North America improved
after the global economic recession. The sales of PWC in the US have showed improvement
after undergoing a huge loss due to global economic recession.
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