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Global Snowmobile Market Size study & Forecast, by Displacement Type (<500 CC, 500 CC to 800 CC, and 800 CC & Above), Engine Type (Two-Stroke Engine and Four-Stroke Engine), and Distribution Channel (Offline and Online) and Regional Analysis, 2022-2029

May 2023 | 200 pages | ID: GB16C039AA80EN
Bizwit Research & Consulting LLP

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Global Snowmobile Market is valued approximately USD 1.64 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.1 % over the forecast period 2022-2029. Snowmobile is a recreational vehicle designed to move over ice or snow and is used for a variety of activities such as sports, patrolling, and others. Snowmobiles are designed to move from one location to another without the use of a track, road, or trail. Snowmobiles, like tanks, have tracks attached to the vehicle, and when the track moves, the snowmobile slides over snow or ice, providing the rider with a comfortable ride. Increased recreational activities as well as other applications such as border patrolling and search and rescue operations. The increasing growth adventure tourism sector and growing use in border patrol and emergency recuse operations are key factors driving the market growth.

Over the years the popularity of adventure tourist activities has significantly increased creating strong demand for Global Snowmobile Market. For instance – as per Statista – in 2021, the global adventure tourism market was estimated at USD 288 billion, and as per forecast the market is projected to grow to USD 2,824 billion by 2030. Also, growing popularity of winter sports and recreational snow activities coupled with increasing penetration of electric snow mobiles would create lucrative growth prospectus for the market over the forecast period. However, high cost of snow mobiles hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Snowmobile Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and growing popularity of snow sports activities in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising popularity of adventure sports and increasing penetration of regional market players operating under the Snowmobile market space.

Major market player included in this report are:
Alpina Snowmobiles S.r.l.
Arctic Cat Inc.
BRP Inc.
Crazy Mountain Motorsports Inc.
John Deere GMBH & Co.KG.
Moon Bikes
Polaris Inc.
Taiga Motors Inc.
Yamaha Motor Corporation
Ski-doo

Recent Developments in the Market:
In February 2023, BRP Inc. announced beginning of shipping out its first range of electric vehicles, Ski-Doo and Lynx snowmobile from the 2nd half of the year 2023 as part of company’s move to offer electric models in all of its product lines by 2026.

Global Snowmobile Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Displacement Type, Engine Type, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Displacement Type
<500 CC
500 CC to 800 CC
800 CC & Above
By Engine Type
Two-Stroke Engine
Four-Stroke Engine
By Distribution Channel
Offline
Online

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Snowmobile Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Snowmobile Market, by Displacement Type, 2019-2029 (USD Billion)
  1.2.3. Snowmobile Market, by Engine Type, 2019-2029 (USD Billion)
  1.2.4. Snowmobile Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SNOWMOBILE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SNOWMOBILE MARKET DYNAMICS

3.1. Snowmobile Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing growth adventure tourism sector
    3.1.1.2. Growing use in border patrol and emergency recuse operations.
  3.1.2. Market Challenges
    3.1.2.1. High cost of snowmobile
  3.1.3. Market Opportunities
    3.1.3.1. Growing popularity of winter sports and recreational snow activities
    3.1.3.2. Increasing penetration of electric snow mobiles

CHAPTER 4. GLOBAL SNOWMOBILE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL SNOWMOBILE MARKET, BY DISPLACEMENT TYPE

6.1. Market Snapshot
6.2. Global Snowmobile Market by Displacement Type, Performance - Potential Analysis
6.3. Global Snowmobile Market Estimates & Forecasts by Displacement Type 2019-2029 (USD Billion)
6.4. Snowmobile Market, Sub Segment Analysis
  6.4.1. <500 CC
  6.4.2. 500 CC to 800 CC
  6.4.3. 800 CC & above

CHAPTER 7. GLOBAL SNOWMOBILE MARKET, BY ENGINE TYPE

7.1. Market Snapshot
7.2. Global Snowmobile Market by Engine Type, Performance - Potential Analysis
7.3. Global Snowmobile Market Estimates & Forecasts by Engine Type 2019-2029 (USD Billion)
7.4. Snowmobile Market, Sub Segment Analysis
  7.4.1. Two-Stroke Engine
  7.4.2. Four-Stroke Engine

CHAPTER 8. GLOBAL SNOWMOBILE MARKET, BY DISTRIBUTION CHANNEL

8.1. Market Snapshot
8.2. Global Snowmobile Market by Distribution Channel, Performance - Potential Analysis
8.3. Global Snowmobile Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
8.4. Snowmobile Market, Sub Segment Analysis
  8.4.1. Offline
  8.4.2. Online

CHAPTER 9. GLOBAL SNOWMOBILE MARKET, REGIONAL ANALYSIS

9.1. Snowmobile Market, Regional Market Snapshot
9.2. North America Snowmobile Market
  9.2.1. U.S. Snowmobile Market
    9.2.1.1. Displacement Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Engine Type breakdown estimates & forecasts, 2019-2029
    9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Snowmobile Market
9.3. Europe Snowmobile Market Snapshot
  9.3.1. U.K. Snowmobile Market
  9.3.2. Germany Snowmobile Market
  9.3.3. France Snowmobile Market
  9.3.4. Spain Snowmobile Market
  9.3.5. Italy Snowmobile Market
  9.3.6. Rest of Europe Snowmobile Market
9.4. Asia-Pacific Snowmobile Market Snapshot
  9.4.1. China Snowmobile Market
  9.4.2. India Snowmobile Market
  9.4.3. Japan Snowmobile Market
  9.4.4. Australia Snowmobile Market
  9.4.5. South Korea Snowmobile Market
  9.4.6. Rest of Asia Pacific Snowmobile Market
9.5. Latin America Snowmobile Market Snapshot
  9.5.1. Brazil Snowmobile Market
  9.5.2. Mexico Snowmobile Market
  9.5.3. Rest of Latin America Snowmobile Market
9.6. Rest of The World Snowmobile Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Alpina Snowmobiles S.r.l.
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Arctic Cat Inc.
  10.2.3. BRP Inc.
  10.2.4. Crazy Mountain Motorsports Inc.
  10.2.5. John Deere GMBH & Co.KG.
  10.2.6. Moon Bikes
  10.2.7. Polaris Inc.
  10.2.8. Taiga Motors Inc.
  10.2.9. Yamaha Motor Corporation
  10.2.10. Ski-doo

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Snowmobile Market, report scope
TABLE 2. Global Snowmobile Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Snowmobile Market estimates & forecasts by Displacement Type 2019-2029 (USD Billion)
TABLE 4. Global Snowmobile Market estimates & forecasts by Engine Type 2019-2029 (USD Billion)
TABLE 5. Global Snowmobile Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
TABLE 6. Global Snowmobile Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Snowmobile Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Snowmobile Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Snowmobile Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Snowmobile Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Snowmobile Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Snowmobile Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Snowmobile Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Snowmobile Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Snowmobile Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Snowmobile Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Snowmobile Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Snowmobile Market
TABLE 71. List of primary sources, used in the study of global Snowmobile Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Snowmobile Market, research methodology
FIG 2. Global Snowmobile Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Snowmobile Market, key trends 2021
FIG 5. Global Snowmobile Market, growth prospects 2022-2029
FIG 6. Global Snowmobile Market, porters 5 force model
FIG 7. Global Snowmobile Market, pest analysis
FIG 8. Global Snowmobile Market, value chain analysis
FIG 9. Global Snowmobile Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Snowmobile Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Snowmobile Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Snowmobile Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Snowmobile Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Snowmobile Market, regional snapshot 2019 & 2029
FIG 15. North America Snowmobile Market 2019 & 2029 (USD Billion)
FIG 16. Europe Snowmobile Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Snowmobile Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Snowmobile Market 2019 & 2029 (USD Billion)
FIG 19. Global Snowmobile Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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