Sports Side by Side (SxS) Market: Current Analysis and Forecast (2021-2027)
September 2021
216
About the Report
About the Report
Sport side by side vehicle captured considerable market presence over the past few years and expected to have influential growth in the forecasted period. The factors that are driving the demand for sports side by side vehicle are directly influenced the surging disposable income of the consumer that has increased its adoption for various activities such as sports, agriculture and entertainment purpose. In addition, leading industry players such as Arctic Cat, BRP Inc., Honda Motor Co. Ltd., Harley Davidson, Polaris Industries, Inc., John Deere, Kawasaki Motor Corporation, Yamaha Motor, Kymco, and Kubota are making investments in R&D activities to lower the cost of ownership for these vehicles, aiding market growth. Moreover, the U.S. accounts for around 90% of the market share in the market owing to the increasing consumer disposable income and rising outdoor recreational spending.
Based on Product Type, the market is classified into Displacement (CC): < 400, Displacement (CC): 400-800, Displacement (CC): > 800 The displacement CC 400-800 segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 mainly due to ensure maximum features and enhanced safety of the vehicle.
Based on application, the market is segmented into work and entertainment. The entertainment segment grabbed XX% market share of the global Sport Side by Sides (SxS) market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 owing to the increasing off-road desert championships and enhancement of recreational infrastructure including racetracks, recreational parks, and boating places.
For a better understanding of the market adoption of Sport Side by Sides (SxS) , the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. North America constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 predominantly owing to increasing consumer disposable income and rising outdoor recreational spending.
Some of the major players operating in the market include Polaris, John Deere, Honda, Kawasaki, Kubota, Arctic Cat, Yamaha Motor, CFMOTO, HSUN Motor, Linhai Group, KYMCO. Several M&A's along with partnerships have been undertaken by these players to boost their presence in different regions.
Products
Companies
Polaris, John Deere, Honda, Kawasaki, Kubota, Arctic Cat, Yamaha Motor, CFMOTO, HSUN Motor, Linhai Group, KYMCO
Table of Contents
Table of Contents
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stake Holders
1.4. Currency Used in Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global SPORT SIDE BY SIDES (SXS) Market
2.1.1. Main Objective of the Global SPORT SIDE BY SIDES (SXS) Market
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL SPORT SIDE BY SIDES (SXS) MARKET AMID COVID-19
6 GLOBAL SPORT SIDE BY SIDES (SXS) MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY PRODUCT TYPE
7.1. Displacement (CC): < 400
7.2. Displacement (CC): 400-800
7.3. Displacement (CC): > 800
8 MARKET INSIGHTS BY APPLICATION
8.1. Work
8.2. Entertainment
9 MARKET INSIGHTS BY REGION
9.1. North America SPORT SIDE BY SIDES (SXS) Market
9.1.1. United States
9.1.2. Canada
9.1.3. Rest of North America
9.2. Europe SPORT SIDE BY SIDES (SXS) Market
9.2.1. Germany
9.2.2. United Kingdom
9.2.3. France
9.2.4. Italy
9.2.5. Rest of Europe
9.3. Asia Pacific SPORT SIDE BY SIDES (SXS) Market
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. Rest of Asia-Pacific
9.4. Rest of World SPORT SIDE BY SIDES (SXS) Market
10 SPORT SIDE BY SIDES (SXS) MARKET DYNAMICS
10.1. Market Drivers
10.2. Market Challenges
10.3. Impact Analysis
11 SPORT SIDE BY SIDES (SXS) MARKET OPPORTUNITIES
12 SPORT SIDE BY SIDES (SXS) MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
14.1. Demand Side Analysis
14.2. Supply Side Analysis
14.2.1. Top Product Launches
14.2.2. Top Business Partnerships
14.2.3. Top Business Expansions, Investments and Divestitures
14.2.4. Top Merger and Acquisitions
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
16.1. Porter's Five Forces Analysis
16.1.1. Bargaining power of Supplier
16.1.2. Bargaining power of Buyer
16.1.3. Industry Rivalry
16.1.4. Availability of Substitute
16.1.5. Threat of new Entrants
16.2. Competitive Landscape
16.2.1. Company Shares, By Revenue
17 COMPANY PROFILED
17.1. Polaris
17.2. John Deere
17.3. Honda
17.4. Kawasaki
17.5. Kubota
17.6. Arctic Cat
17.7. Yamaha Motor
17.8. CFMOTO
17.9. HSUN Motor
17.10. Linhai Group
17.11. KYMCO
18 DISCLAIMER
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