<\/p>\n
The U.S. off-road snowmobile market is expected to continue to see remarkable expansion trends, with regional companies doing everything they can to meet consumer demand. One example of this is the American manufacturer of snowmobiles, ATVs and other sports vehicles, Polaris Industries. The company launched its new INDY EVO in January 2018, which could offer a sporty and comfortable driving experience to spark drivers’ passion for snowmobiling.<\/p>\n
Get a Sample Copy of this Research Report @ https:\/\/www.gminsights.com\/request-sample\/detail\/3074<\/a> <\/strong><\/p>\n Another current example is the globally popular snowmobile manufacturer BRP (Bombardier Recreational Products). The company recently condensed its much-admired Ski-Doo REV Gen4 platform into four-stroke models designed to provide riders with the ultimate snowmobile experience with enhanced engine options. Under its Ski-Doo brand, the company has also introduced the Rotax 900 ACE Turbo engine, the OXYGEN helmet and the expansion of the 600R E-TEC engine in other ORV models.<\/p>\n The examples above clearly illustrate the relentless pursuit of US companies in the off-road vehicle industry to improve the driving experience with innovations and technologically advanced products. It’s important to mention that in addition to snowmobiles, off-road motorcycles are experiencing lucrative growth paths. The same is highlighted by statistics from OIO, which claims that US outdoor participants’ total off-road spending in 2017 was over $ 50 million. The street motorcycle market will see a 6% year-over-year growth rate between 2018 and 2024.<\/p>\n Supported by the remarkable technological advances in the global automotive industry, the US market for off-road vehicles has become one of the most lucrative industries in recent years. The massive increase in demand for SSV (Side by Side Vehicles), snowmobiles, off-road motorcycles and ATV (All-Terrain Vehicles) for military, sports or leisure activities in the region have been identified as the main drivers for robust growth. In addition to the increasing demand for products, the geographic location of the country also plays an important role in the expansion of the US market for off-road vehicles.<\/p>\n Similarly, according to the National Snow & Ice Data Center (NSIDC), more than 46 million square kilometers of the earth’s surface are covered in snow each year, and the northern hemisphere accounts for about 98%. If reports are to be believed, the city of Rochester in New York receives more snow than any other major city in the United States, with an annual average of 255 cm. In fact, about 16 of the 51 major cities in the United States receive annual snowfall of two feet or more.<\/p>\n The U.S. off-road vehicle market is projected to exceed $ 13.5 billion by 2024 as the American population increasingly participates in adventure and recreational activities in the years that follow. In addition, the regional government is helping the industry grow by partnering with the National Park Service, Bureau of Land Management, and the US Forest Service for outdoor activities.<\/p>\n In terms of geographic landscape, California and Texas are expected to prove to be profitable growth paths for potential investors in the US ORVs market. If reports are to be believed, California accounted for 10% of the total industry share in 2017.<\/p>\n In the coming years, the US off-road vehicle market expansion trends are expected to materialize along with the current wave of electric vehicles in the global automotive industry. In fact, few companies have embraced the shift towards sustainable design and developed electric off-road vehicles with top speeds of 125 to 250 mph. It remains to be seen how ATV manufacturers will take up this new wave of sustainability and bring low-cost ORVs to market in light of changing consumer preferences and rising environmental concerns.<\/p>\n Get this report tailored to your needs [email\u00a0protected]<\/a> https:\/\/www.gminsights.com\/roc\/3074<\/a> <\/strong><\/p>\n Some points from the table of contents:<\/strong><\/p>\n Chapter 4 U.S. Off-Road Vehicle Market by Vehicle<\/strong><\/p>\n 4.1 U.S. Offroad Vehicle Market Share by Vehicle, 2017 & 2024<\/p>\n 4.2 Off-road vehicle<\/p>\n 4.2.1 Market estimates and forecast, 2013-2024, (units) (in USD million)<\/p>\n 4.2.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 4.3 Vehicles side by side<\/p>\n 4.3.1 Market Estimates and Forecast, 2013-2024, (units) (in MILLION USD)<\/p>\n 4.3.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 4.4 Off-road motorcycles<\/p>\n 4.4.1 Market Estimates and Forecast, 2013-2024, (units) (in MILLION USD)<\/p>\n 4.4.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 4.5 Snowmobiles<\/p>\n 4.5.1 Market estimates and forecast, 2013-2024, (units) (in USD million)<\/p>\n 4.5.2 Market Estimates and Forecasts by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n Chapter 5 U.S. Off-Road Vehicle Market By Application<\/strong><\/p>\n 5.1 U.S. Off-Road Vehicle Market Share by Application, 2017 & 2024<\/p>\n 5.2 utility<\/p>\n 5.2.1 Market estimates and forecast, 2013-2024, (units) (in million USD)<\/p>\n 5.2.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 5.3 Sport<\/p>\n 5.3.1 Market estimates and forecast, 2013-2024, (units) (in USD million)<\/p>\n 5.3.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 5.4 recovery<\/p>\n 5.4.1 Market estimates and forecast, 2013-2024, (units) (in USD million)<\/p>\n 5.4.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n 5.5 military<\/p>\n 5.5.1 Market estimates and forecast, 2013-2024, (units) (in USD million)<\/p>\n 5.5.2 Market Estimates and Forecasts, by State, 2013-2024, (Units) (in MILLION USD)<\/p>\n