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Power Sports Market Size

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Report ID: 6057
Published Date: Nov 08, 2024
Report Format: PDF, PPT

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Power Sports Market Size

Power Sports Market size was valued at USD 40.06 billion in 2024 and is expected to reach USD 84.4 billion by 2037, registering around 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of power sports is assessed at USD 41.95 billion.

The market is driven by clubs and state organizations that promote powersports, rising disposable income, and a growing desire from young people for off-road adventure tourism and leisure activities. The median annual expenditure of an individual in all states on leisure activities is USD 487.

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Browse Key Market Insights with Data Illustration:

Power Sports Market Size & Share | Growth Trends 2037

Author Credits: Saima Khursheed

Report ID: 6057
Published Date: Nov 08, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of power sports is assessed at USD 41.95 billion.

The power sports market size was valued at USD 40.06 billion in 2024 and is expected to reach USD 84.4 billion by 2037, registering around 5.9% CAGR during the forecast period i.e., between 2025-2037. The market is driven by clubs and state organizations that promote powersports, rising disposable income, and a growing desire from young people for off-road adventure tourism and leisure activities.

North America industry is estimated to hold largest revenue share of 44% by 2037, influenced by increasing disposable income in the region.

The major players in the market include Polaris Inc., The Toro Company, Hero Electric, Vmoto Limited, Electrotherm Limited, Jiangsu Xinri E-Vehicle Co., Ltd., Energica Motor Company Inc., Piaggio & C. SpA, Niu International, Mahindra & Mahindra Ltd.

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