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
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This report, from Stratview Research, studies the global side by side vehicles market over the period 2010 to 2021. The 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 (SSV) Market: Highlights
Side by Side vehicle is a type of off-road vehicle and offers many advantages over All Terrain Vehicle (ATV), such as better riding experience, rollover protection bars, and ease of mobility. In the last ten years, off-road industry has noticed a continuous shift in demand from All Terrain Vehicles to Side by Side vehicle.
The global side by side vehicles market promises a healthy growth opportunity and is likely to witness 6.7% CAGR during the forecast period of 2016 to 2021. Recovery of the global economy, increasing disposable income, and shift in customers’ demand from ATVs to SSVs are the major drivers of the Side by Side market. Increasing use of the SSVs in sports, agriculture and entertainment purpose are likely to drive the demand during the forecast period. The US is the largest market for SSVs due to the presence of large stretches of natural terrain, unpaved roads, and large ranches and farms across the country.
Side by Side vehicles are used in many applications, such as sports, entertainment, hunting, and agriculture. 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 in the next five years.
North America is expected to remain the largest market for SSVs in 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 supply chain of this market comprises raw material suppliers, component manufacturers, SSV manufacturers, and distributors. The global SSV is a consolidated market 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.
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. More than 10 detailed primary interviews with the market players across the value chain in the all four regions and industry experts have been executed 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 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 report:
Global Side by Side Vehicle Market by Vehicle Type:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
This report, from Stratview Research, studies the global side by side vehicles market over the period 2010 to 2021. The 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 (SSV) Market: Highlights
Side by Side vehicle is a type of off-road vehicle and offers many advantages over All Terrain Vehicle (ATV), such as better riding experience, rollover protection bars, and ease of mobility. In the last ten years, off-road industry has noticed a continuous shift in demand from All Terrain Vehicles to Side by Side vehicle.
The global side by side vehicles market promises a healthy growth opportunity and is likely to witness 6.7% CAGR during the forecast period of 2016 to 2021. Recovery of the global economy, increasing disposable income, and shift in customers’ demand from ATVs to SSVs are the major drivers of the Side by Side market. Increasing use of the SSVs in sports, agriculture and entertainment purpose are likely to drive the demand during the forecast period. The US is the largest market for SSVs due to the presence of large stretches of natural terrain, unpaved roads, and large ranches and farms across the country.
Side by Side vehicles are used in many applications, such as sports, entertainment, hunting, and agriculture. 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 in the next five years.
North America is expected to remain the largest market for SSVs in 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 supply chain of this market comprises raw material suppliers, component manufacturers, SSV manufacturers, and distributors. The global SSV is a consolidated market 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.
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. More than 10 detailed primary interviews with the market players across the value chain in the all four regions and industry experts have been executed 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 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 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 of the carbon brakes market
- Strategic growth opportunities for the existing and new players
- Key success factors
Global Side by Side Vehicle Market by Vehicle Type:
- Utility Vehicle
- Recreational Vehicle
- Sports Vehicle
- Touring Vehicle
- Others
- Agriculture
- Entertainment
- Hunting
- Military
- Sports
- Others
- North America
- Europe
- Asia-Pacific
- Rest of the World
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)
- SWOT analysis of key players (up to 3)
- Current market segmentation of any one of the regions by vehicle type
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Disclaimer
Copyright
Abbreviation
Currency Exchange
About Us
Research Methodology
Secondary Research
Key Information Gathered from Secondary Research
Primary Research
Key Information Gathered from Primary Research
Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
Data Analysis and Triangulation
Report Scope
Report Objectives
1. EXECUTIVE SUMMARY
2. INDUSTRY OVERVIEW
2.1. Introduction
2.2. Market Evolution
2.3. Industry Life Cycle Analysis
2.4. Supply Chain Analysis
2.5. Market Classification
2.5.1. By Vehicle Type
2.5.2. By Application Type
2.5.3. By Region
3. MARKET ENVIRONMENT ANALYSIS
3.1. PEST Analysis: Impact Assessment of Changing Business Environment
3.2. Market Drivers
3.3. Market Constraints
3.4. Porter Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Customers
3.4.3. Threat of New Entrants
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. SWOT Analysis
4. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY VEHICLE TYPE
4.1. Strategic Insights
4.2. Global Side by Side Vehicle Market by Vehicle Type in 2015
4.3. Global Side by Side Vehicle Market Trend and Forecast by Vehicle Type (US$ Million)
4.4. Global Side by Side Vehicle Market Trend and Forecast by Vehicle Type (Thousand Units)
4.5. Growth Magnitude of the Global Side by Side Vehicle Market by Vehicle Type
4.6. Utility Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.7. Recreational Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.8. Sports Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.9. Touring Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.10. Others Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY APPLICATIONS
5.1. Strategic Insights
5.2. Global Side by Side Vehicle Market by Applications in 2015
5.3. Global Side by Side Vehicle Market Trend and Forecast by Applications (US$ Million)
5.4. Global Side by Side Vehicle Market Trend and Forecast by Applications (Thousand Units)
5.5. Growth Magnitude of the Global Side by Side Vehicle Market by Applications
5.6. Sports: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.7. Entertainment: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.8. Agriculture: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.9. Military: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.10. Hunting: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.11. Others: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY REGION
6.1. Strategic Insights
6.2. Global Side by Side Vehicle Market by Region in 2015
6.3. Global Side by Side Vehicle Market Trend and Forecast by Region (US$ Million)
6.4. Global Side by Side Vehicle Market Trend and Forecast by Region (Thousand Units)
6.5. Growth Magnitude of the Global Side by Side Vehicle Market by Region
6.6. North America: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.7. Europe: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.8. Asia-Pacific: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.9. Rest of the World: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
7. COMPETITIVE ANALYSIS
7.1. Strategic Insights
7.2. Product Portfolio Analysis
7.3. Presence by Vehicle Type
7.4. Geographical Presence
7.5. New Product Launches
7.6. Mergers and Acquisitions
7.7. Market Share Analysis
8. STRATEGIC GROWTH OPPORTUNITIES
8.1. Strategic Insights
8.2. Market Attractive Analysis
8.2.1. Market Attractiveness by Vehicle Type
8.2.2. Market Attractiveness by Application Type
8.2.3. Market Attractiveness by Region
8.3. Emerging Trends
8.4. Key Success Factors
8.5. Growth Matrix Analysis
9. COMPANY PROFILE OF KEY PLAYERS
9.1. Arctic Cat Inc.
9.2. Honda Motors. Co., Ltd.
9.3. BRP Inc.
9.4. John Deere
9.5. Kubota Corporation
9.6. Kawasaki Motors Corp.
9.7. Polaris Industries Inc.
9.8. Yahama Motors Co., Ltd.
Copyright
Abbreviation
Currency Exchange
About Us
Research Methodology
Secondary Research
Key Information Gathered from Secondary Research
Primary Research
Key Information Gathered from Primary Research
Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
Data Analysis and Triangulation
Report Scope
Report Objectives
1. EXECUTIVE SUMMARY
2. INDUSTRY OVERVIEW
2.1. Introduction
2.2. Market Evolution
2.3. Industry Life Cycle Analysis
2.4. Supply Chain Analysis
2.5. Market Classification
2.5.1. By Vehicle Type
2.5.2. By Application Type
2.5.3. By Region
3. MARKET ENVIRONMENT ANALYSIS
3.1. PEST Analysis: Impact Assessment of Changing Business Environment
3.2. Market Drivers
3.3. Market Constraints
3.4. Porter Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Customers
3.4.3. Threat of New Entrants
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. SWOT Analysis
4. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY VEHICLE TYPE
4.1. Strategic Insights
4.2. Global Side by Side Vehicle Market by Vehicle Type in 2015
4.3. Global Side by Side Vehicle Market Trend and Forecast by Vehicle Type (US$ Million)
4.4. Global Side by Side Vehicle Market Trend and Forecast by Vehicle Type (Thousand Units)
4.5. Growth Magnitude of the Global Side by Side Vehicle Market by Vehicle Type
4.6. Utility Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.7. Recreational Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.8. Sports Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.9. Touring Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
4.10. Others Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY APPLICATIONS
5.1. Strategic Insights
5.2. Global Side by Side Vehicle Market by Applications in 2015
5.3. Global Side by Side Vehicle Market Trend and Forecast by Applications (US$ Million)
5.4. Global Side by Side Vehicle Market Trend and Forecast by Applications (Thousand Units)
5.5. Growth Magnitude of the Global Side by Side Vehicle Market by Applications
5.6. Sports: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.7. Entertainment: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.8. Agriculture: Global Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.9. Military: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.10. Hunting: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
5.11. Others: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6. GLOBAL SIDE BY SIDE VEHICLE MARKET – BY REGION
6.1. Strategic Insights
6.2. Global Side by Side Vehicle Market by Region in 2015
6.3. Global Side by Side Vehicle Market Trend and Forecast by Region (US$ Million)
6.4. Global Side by Side Vehicle Market Trend and Forecast by Region (Thousand Units)
6.5. Growth Magnitude of the Global Side by Side Vehicle Market by Region
6.6. North America: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.7. Europe: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.8. Asia-Pacific: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
6.9. Rest of the World: Side by Side Vehicle Market Trend and Forecast (US$ Million and Thousand Units)
7. COMPETITIVE ANALYSIS
7.1. Strategic Insights
7.2. Product Portfolio Analysis
7.3. Presence by Vehicle Type
7.4. Geographical Presence
7.5. New Product Launches
7.6. Mergers and Acquisitions
7.7. Market Share Analysis
8. STRATEGIC GROWTH OPPORTUNITIES
8.1. Strategic Insights
8.2. Market Attractive Analysis
8.2.1. Market Attractiveness by Vehicle Type
8.2.2. Market Attractiveness by Application Type
8.2.3. Market Attractiveness by Region
8.3. Emerging Trends
8.4. Key Success Factors
8.5. Growth Matrix Analysis
9. COMPANY PROFILE OF KEY PLAYERS
9.1. Arctic Cat Inc.
9.2. Honda Motors. Co., Ltd.
9.3. BRP Inc.
9.4. John Deere
9.5. Kubota Corporation
9.6. Kawasaki Motors Corp.
9.7. Polaris Industries Inc.
9.8. Yahama Motors Co., Ltd.
