All-Terrain Vehicle Market Size

All-Terrain Vehicle Market size was valued at USD 6.04 billion in 2024 and is set to exceed USD 12.27 billion by 2037, registering over 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of all-terrain vehicle is evaluated at USD 6.31 billion. The industry growth can be attributed to the surging popularity for outdoor entertainment activities such as off-roading. Furthermore, these vehicles are opted by the people for use on unusual road that might contain slippery road condition.

An all-terrain vehicle (ATV) refers to a motorized off-highway vehicle with four low-pressure or non-pneumatic tyres, a seat meant to be straddled by the operator, and handlebars for steering control. ATVs are classified into two types based on the manufacturer. The manufacturer intends for Type I ATVs to be used by a single operator with no passengers. The manufacturer designed Type II ATVs for usage by an operator and a passenger, with a specific seating place behind the operator. Likewise, motorcyclists must consider the varied ATV sizes.