Industry Analysis & Industry Trends
The past five years have been a smooth ride for all-terrain vehicle (ATV), golf cart and snowmobile manufacturers. Due to many of the industry's products being discretionary in nature, demand tends to rise and fall with fluctuations in disposable income. Although the industry is expected to grow, its high growth rate over the five-year period can be attributed to revenue starting at a low recessionary base. The industry's future is tied to the continued recovery of the US economy and its effect on disposable income and consumer sentiment. Overall, the industry's revenue growth will be aided by higher disposable income, renewed interest in recreational activity and greater investment in recreational equipment... purchase to read more
Industry Report - Industry Products Chapter
This industry manufactures a highly diversified range of recreational and leisure-related vehicles, including all-terrain vehicles (ATVs), golf carts, snowmobiles and personal watercrafts (PWCs).
All-terrain vehicles (ATVs)
ATVs make up the largest product segment in this industry, generating an estimated 61.8% of industry revenue in 2014. ATVs are typically equipped with wide tires that have a deep tread suitable for a variety of conditions and terrain. They are typically powered by four-stroke cycle engines of less than 40 horsepower and are capable of bearing loads for use on farms and in hunting... purchase to read more