Industry Analysis & Industry Trends
The ATV, Golf Cart and Snowmobile Manufacturing industry will gain ground because of higher disposable incomes and stronger consumer confidence. While the recession hurt purchases of big-ticket items like industry transportation, revenue will slowly revive over the next five years. Successful manufacturers will adapt to consumer needs with revamped, innovative products to entice buyers into new vehicle purchases... purchase to read more
Industry Report - Industry Investment Chapter
The ATV, Golf Cart and Snowmobile Manufacturing industry is highly capital intensive. For every $1.00 spent on labor, the average industry firm will invest about $0.54 in capital equipment. On the other hand, average industry wages have increased, albeit marginally, during the past five years due to improvements in the manufacturing process and the need for qualified personnel to operate machines and test products.
Although new capital technologies have been introduced, labor is still required to manufacture goods and operate machinery and design new products. As the industry continues to advance technologically, capital costs will increase as more specialized machinery and equipment will be required... purchase to read more