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    Online Powersports Market Report

    Online Powersports Market Report
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    Online Powersports Market Size, Share, Trend, Forecast, & Industry Analysis – 20 See more...

    Impact of COVID-19 on Online Powersports Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Online Powersports Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Online Powersports Market Insights

    Online Powersports Market is likely to witness an impressive CAGR of 4.5% during the forecast period. Increasing number of off-road vehicles across various industry verticals, growing number of water sports events globally, and growing usage of online platforms related to power sports purchases are some of the key factors fueling the online powersports market growth during the forecast period.

    Online Powersports Market – Snapshot

    Growth

    4.5% for the next five years

    Major Vehicle Type

    All-terrain Vehicles

    Region with the highest demand

    North America

    Key Players

    Arctic Cat, Inc., Bombardier Recreational Products, Cycle Works Motorsports Limited, Harley Davidson, Honda Motor Co., Ltd., Kawasaki, Louis Powersports, Polaris Inc., RideNow Powersports, and Yamaha Motor Co. Ltd.

     

    Market Share Analysis

    Online-Powersports-Market-Dominant-Segments

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    Online Powersports Market Share: By Vehicle Type

    Based on the vehicle type, the market is segmented as all-terrain vehicle, side-by-side vehicle, personal watercraft, snowmobile, and heavyweight motorcycle. All-terrain vehicle type is expected to be the leading vehicle type during the forecast period owing to the increasing number of racing competitions and trends. Further, easy maneuverability provided by all-terrain vehicles, low weight, robust construction and moderate driving age restrictions, increasing number of training centers for providing complete knowledge about driving and safety are some of the other factors boosting the segment’s growth during the forecast period.   

    Online Powersports Market Share: By Region

    In terms of regions, North America is estimated to account for the major share of the market during the forecast period owing to increasing investments in the development of recreational infrastructure. Factors such as favorable policies and government investments on recreational infrastructure and growing private sector investments in the development of new theme parks and watersports activities are further expected to provide lucrative growth opportunities in the regional market over the forecast period. Asia-Pacific and Europe are also estimated to offer substantial growth opportunities during the forecast period.  

    Online-Powersports-Market-By-Region

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    Some of the key players in the online powersports market are-

    • Arctic Cat, Inc.
    • Bombardier Recreational Products
    • Cycle Works Motorsports Limited
    • Harley Davidson
    • Honda Motor Co., Ltd.
    • Kawasaki
    • Louis Powersports
    • Polaris Inc.
    • RideNow Powersports
    • Yamaha Motor Co. Ltd.

     

    Market Scope & Segmentation

    Powersports are basically a subdivision of the generalized category motorsports. There are various types of vehicles in powersports, such as all-terrain vehicles, snowmobiles, and personal watercrafts.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Online Powersports Market Research Report - Features

    Market Segmentation

    2

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The online powersports market is segmented into the following categories. 

    Online Powersports Market Size, Share, & Forecast, by Vehicle Type:

    • All-terrain Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Side-by-side Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Personal Watercraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Snowmobile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Heavyweight Motorcycle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Online Powersports Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Online-Powersports-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the vehicle types by region type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The online powersports market is expected to witness an impressive growth of 4.5% CAGR in the foreseeable future.

    Arctic Cat, Inc., Bombardier Recreational Products, Cycle Works Motorsports Limited, Harley Davidson, Honda Motor Co., Ltd., Kawasaki, Louis Powersports, Polaris Inc., RideNow Powersports, and Yamaha Motor Co. Ltd are among the key players in the online powersports market.

    North America is expected to account for the major share of the online powersports market during the next five years.

    All-terrain vehicle type is expected to be the leading vehicle type in the online powersports market in the coming years.

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