Powering forward: Demand for recreational and utility vehicles will grow as disposable income rises

Over the five years to 2016, revenue for the ATV Manufacturing industry is expected to increase, bolstered by improvements in economic conditions, particularly from domestic consumers. ATVs are primarily a discretionary purchase and sales typically ebb and flow with fluctuations in disposable income. As disposable income rises, demand at the retail level grows and subsequently stimulates demand at the manufacturing level. Over the five years to 2021, the ATV Manufacturing industry is anticipated to continue its upward trend...purchase to read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
3.4%
Forecast Growth 17-22
Profit
Employment
7,733
Businesses
39

Industry Threats & Opportunities

  • ATVs are a discretionary purchase, so increases in consumer spending have benefitted operators
  • Increasing imports will put pressure on domestic manufacturers to lower prices
  • As consumer confidence increases, consumers are more apt to purchase big-ticket items
  • Industry Report - Industry Investment Chapter

    In 2017, the ATV Manufacturing industry is expected to have a moderate level of capital intensity. For every $1.00 spent on labor, the average industry operator invests roughly $0.21 in capital equipment. Since this is a manufacturing industry, participants must heavily invest in machinery and equipment. Moreover, because the industry manufacturing process is increasingly becoming automated, the industry has steadily become more capital intensive over the past five years. Rising import penetration has pushed industry operators to invest in laborsaving technologies to improve cost efficiencies. Nevertheless, labor is still required to manufacture goods, operate machinery and design new products.Capital intensity varies according to the scale of the operations. Man...purchase to read more.

    Additional Insights for the ATV Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the ATV Manufacturing Industry are

  • Must comply with government regulations
  • Superior after sales service
  • Access to the current and efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Trade-weighted index in the ATV Manufacturing industry impact industry performance..

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    What's in this report

    What is the ATV Manufacturing Industry?

    This industry manufactures all-terrain vehicles (ATVs) and their associated parts. ATVs are four-wheeled vehicles that are typically equipped with wide tires that have a deep tread suitable for various conditions and terrains. They can be used for recreation or utility purposes.

    Industry Products
  • General use/utility ATVs
  • Side-by-side ATVs
  • Sport/high performance ATV
  • Parts and accessories
  • Industry Activities
  • Manufacturing type-1 ATVs
  • Manufacturing utility ATVs
  • Manufacturing side-by-side vehicles
  • Manufacturing ATV-related vehicle parts
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Trade-weighted index
  • Demand from agriculture, forestry, fishing and hunting
  • World price of steel
  • Yield on 10-year Treasury note

  • Current Performance
  • Positive downstream trends
  • Trade flows
  • Profit rises
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising downstream demand and opportunities
  • Profitability trends
  • Trading spaces
  • Table: ATV Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - ATV Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Used Car Dealers
  • Motorcycle Dealership and Repair
  • Auto Parts Stores

  • Key Selling Industries
  • Engine & Turbine Manufacturing
  • Structural Metal Product Manufacturing
  • Tire Manufacturing
  • Wind Turbine Manufacturing

  • Products & Services
  • Side-by-side ATVs
  • General use/utility ATVs
  • Parts and accessories
  • Sport/high performance ATV
  • Chart: ATV Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers involved in recreational activities
  • Consumers involved in agricultural activities
  • Consumers involved in other industries
  • Chart: Major Market Segmentation for the ATV Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs ATV Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the ATV Manufacturing Industry

  • Industry Globalization
    Polaris Industries Inc., Deere & Company, Honda Motor Co. Ltd., Textron Inc., Yamaha Motor Co.,
  • Table: Polaris Industries Inc. - financial performance
  • Table: Deere & Company - financial performance
  • Table: Honda Motor Co. Ltd. - financial performance
  • Table: Textron Inc. - financial performance
  • Table: Yamaha Motor Co. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the ATV Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the ATV Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • World Price of Steel (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Environmental Protection Agency (Epa)
  • An independent federal agency established to coordinate programs aimed at reducing pollution and protecting the environment.
  • Side-By-Side
  • These are multifunction off-roading vehicles that offer multiple seating. These vehicles typically have, but are not limited to, four wheels.
  • Sport Atv
  • ATVs designed to be lightweight with increased suspension to effectively handle large jumps, quick turns and bumpy terrain.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on ATV Manufacturing can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on ATV Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The ATV Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on ATV Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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