Stratview Research announces the addition of a new market research report on Global Side by Side Vehicles (SSV) Market by Vehicle Type (Utility, Recreational, Sports, Touring, and Other), by Application (Sports, Entertainment, Agriculture, Military, Hunting, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016-2021
This market report from Stratview Research studies the global side by side vehicles market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Side by Side Vehicles Market: Highlights
Stratview Research foresees a robust growth of 6.7% CAGR in the global side by side vehicles market over the next five years (2016 – 2021), which offers an opportunity to the industry players to align themselves with the market growth.
There are several factors bolstering the growth of global side by side vehicles market. The author of the report cited recovery of the global economy, increasing disposable income, and shift in customers’ demand from ATVs to SSVs as the major drivers of the SSV market. Increasing use of the SSVs in sports, agriculture and entertainment purpose are likely to drive the demand during the forecast period.
Among the applications, sports and entertainment are the major ones, occupying nearly 50% of the global SSVs market in 2015. Both the applications are expected to remain the largest over the next five years.
North America is expected to remain the largest market for SSVs over the next five years. The US is the growth engine of the North American and the global SSVs market. The US alone accounted for more than 50% of the global SSVs market in 2015. Asia-Pacific is a very small market, but is likely to witness the fastest growth during the forecast period, driven by high demand for power sports.
The global SSV market is consolidated with the presence of global as well as regional players. The key SSV manufacturers are Polaris Industries, John Deere, Kubota, and Kawasaki Motors. New product development, vast product portfolio, in-house key component manufacturing, and presence in the key markets are the key strategies adopted by the key players to gain competitive edge in the market.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on 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 research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global side by side vehicles market.
About Stratview Research
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We have a strong team of industry veterans and analysts having an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy and Voice of Customer studies.
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