All-Terrain Vehicle and Utility Task Vehicle Global Market Report 2025 | ATV and UTV Market Poised for $14.83 Billion Growth by 2029, with 7.9% CAGR [Yahoo! Finance]
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Source: Yahoo! Finance
growth is driven by urbanization, increased awareness of reducing emissions, and technological advances in electric models. Key players like Yamaha and Barrus focus on innovation, while tariffs challenge the sector. Dublin, Oct. 06, 2025 (GLOBE NEWSWIRE) -- The "All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Global Market Report 2025" has been added to ResearchAndMarkets.com's offering. The all-terrain vehicle (ATV) and utility task vehicle (UTV) market is poised for significant growth, expanding from $10.25 billion in 2024 to $14.83 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. This upsurge is driven by urbanization, increased awareness of greenhouse gas emissions, and the rising number of high-net-worth individuals. Additionally, the development of electric ATVs and UTVs highlights a strategic shift towards reducing fossil fuel consumption, noise, and emissions, reflecting broader trends toward sustainable transportation solutions. The emergence
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