Global All-Terrain Vehicle (ATV) Wheeler Market industry to grow at CAGR of 14% during the forecast period (2022-2028)

The global all-terrain vehicle (ATV) wheeler market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022- 2028). An all-terrain vehicle (ATV) is a vehicle fitted with four low-pressure tires and handlebars.  The vehicle is designed to handle a large variety of terrains compared to other automobiles, which is not legal to be ridden on the streets of the majority of countries and requires special permission for driving on the streets. These vehicles are known for their quality of being maneuverable and off-road capabilities and are applicable in military, surveying, forestry, agriculture, sports, and others. These vehicles are quite different and require some amount of training before they could be ridden safely.
The increase in demand for off-road vehicle activities such as military and agriculture and the rise in disposable income of the people are some driving factors for the growth of the global ATV wheeler market. Furthermore, rapid industrialization, upsurge in mining activities, and an increase in advancements in the development of various eco-friendly vehicles are some others factors boosting the growth of the market. However, environmental issues, such as terrain damage and carbon emission, and safety regulations are some restraining factors for the growth of the market.
Some major players in the market include Vision Wheel, Custom Wheel Solutions (CWS), and TIS Wheels, among others. TIS Wheels through it’s TIS OFFROAD brand is taking its off-road wheel expertise into the UTV/ATV market with two new UTV/ATV wheel styles available in seven finishes. The 558 is a mesh style wheel available in satin black, anthracite gray, bronze and gloss black with milled accents. The 559 is an aggressive concave 8-spoke design available in bronze, anthracite gray and satin black.

Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered-
By Type
By Application

Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape-
Vision Wheel, Custom Wheel Solutions (CWS), and TIS Wheels, among others.

Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global All-Terrain Vehicle (ATV) Wheeler Market Report by Segment
By Type
Three-wheeler
Four-wheeler
Six-wheeler
Eight-wheeler

By Application
Personal
Professional
Military & Defense
Agriculture
Recreational