Key Takeaways
- The U.S. ATV and UTV market revenue reached $10.2 billion in 2023, marking a 7.5% increase from 2022 driven by recreational demand.
- Global UTV market size was estimated at $4.8 billion in 2023, projected to grow at a CAGR of 6.2% from 2024 to 2030 due to utility applications.
- North American ATV market valued at $3.1 billion in 2022, with youth models contributing 15% of total sales volume.
- U.S. ATV shipments totaled 412,000 units in 2023, up 5.8% from 2022.
- Polaris delivered 180,000 UTV units in North America in 2023.
- Yamaha Motor Co. sold 95,000 ATVs globally in 2023, with 60% in utility segment.
- 35% of U.S. ATV owners are aged 30-49 years in 2023 survey.
- 28% of UTV buyers in U.S. are first-time powersports owners as of 2023.
- Average age of U.S. ATV rider: 42 years old in 2023 data.
- U.S. ATV-related fatalities: 631 in 2022, down 4% from 2021.
- 76% of ATV deaths in 2022 involved adults over 16 years old.
- Helmet usage among ATV riders: 71% in 2023 observational study.
- 65% of UTV models in 2023 feature electronic stability control.
- Electric UTV adoption rose 22% in model year 2024 lineups.
- Autonomous features in premium UTVs: 12 models offered in 2023.
The ATV and UTV industry is growing globally, driven by strong recreational and utility demand.
Consumer Demographics
- 35% of U.S. ATV owners are aged 30-49 years in 2023 survey.
- 28% of UTV buyers in U.S. are first-time powersports owners as of 2023.
- Average age of U.S. ATV rider: 42 years old in 2023 data.
- 62% of UTV owners in U.S. are male, 38% female in 2023.
- Household income for 55% of ATV buyers exceeds $100,000 annually in 2023.
- 41% of U.S. UTV purchases made by families with children under 18 in 2023.
- Rural residents account for 73% of ATV/UTV ownership in U.S. 2023.
- Top UTV buying states: Texas (12%), Florida (9%), California (8%) in 2023 sales data.
- 52% of youth ATV riders (6-16) are boys, 48% girls per 2023 SVIA study.
- Average UTV owner education: 45% college graduates in 2023 survey.
- 67% of U.S. ATV owners use vehicles primarily for recreation in 2023.
- Multi-vehicle ownership: 39% of UTV buyers own 2+ powersports vehicles 2023.
- African American ownership of ATVs/UTVs: 8% of total U.S. market in 2023.
- Hispanic/Latino UTV owners grew to 15% market share in U.S. 2023.
- Boomers (55+) represent 22% of new ATV purchases in 2023.
- Women-led households: 19% of UTV sales in 2023 U.S. data.
- Average annual mileage for recreational ATVs: 1,250 miles per owner in 2023.
- 48% of UTV owners are veterans or active military in 2023 survey.
- Top occupations: Farmers/ranchers 25%, construction 18% for UTV owners 2023.
- Millennial ATV ownership rate: 31% of 25-40 age group in U.S. 2023.
Consumer Demographics Interpretation
Industry Trends and Innovations
- 65% of UTV models in 2023 feature electronic stability control.
- Electric UTV adoption rose 22% in model year 2024 lineups.
- Autonomous features in premium UTVs: 12 models offered in 2023.
- CVT transmission standard in 88% of new UTVs 2023.
- Turbocharged engines in sport UTVs increased to 35% of segment in 2024.
- Direct-to-consumer UTV sales grew 18% online in 2023.
- Modular cargo systems standard in 52% utility UTVs 2023.
- 4x4 independent suspension now in 92% of mid-size ATVs 2023.
- App-connected diagnostics in 28% of 2024 UTV models.
- Lightweight composite materials used in 41% chassis designs 2023.
- Rental fleet UTV utilization up 14% with GPS tracking 2023.
- Youth ATV electronic speed limiters mandatory in 75% models 2024.
- Hydrogen fuel cell prototype UTVs tested by 3 OEMs in 2023.
- Over-the-air software updates in 19% premium ATVs 2024.
- Winch standard equipment rose to 67% in utility UTVs 2023.
- LED lighting packages in 96% new ATV/UTV models 2024.
- Regenerative braking in electric ATVs: 85% of 2023 models.
- Factory-integrated roofs/cabs in 44% crossover UTVs 2023.
- AI terrain mapping in high-end UTVs debuted 2023.
- Sustainable manufacturing: 30% recycled plastics in Polaris 2024 UTVs.
- Subscription-based telematics grew 25% in fleets 2023.
Industry Trends and Innovations Interpretation
Market Size and Growth
- The U.S. ATV and UTV market revenue reached $10.2 billion in 2023, marking a 7.5% increase from 2022 driven by recreational demand.
- Global UTV market size was estimated at $4.8 billion in 2023, projected to grow at a CAGR of 6.2% from 2024 to 2030 due to utility applications.
- North American ATV market valued at $3.1 billion in 2022, with youth models contributing 15% of total sales volume.
- U.S. side-by-side (UTV) segment accounted for 62% of total powersports off-road vehicle market share by revenue in 2023.
- European ATV market grew by 8.3% YoY in 2023 to €1.2 billion, fueled by agricultural adoption.
- Asia-Pacific UTV market expected to reach $2.1 billion by 2028, with a CAGR of 7.1% from 2023.
- U.S. ATV retail sales hit 284,000 units in 2022, contributing to a market value increase of 12%.
- Global off-road vehicle market, including ATVs/UTVs, projected to grow from $12.5 billion in 2023 to $18.7 billion by 2030 at 5.9% CAGR.
- Utility ATV segment represented 55% of U.S. market revenue in 2023, valued at $5.6 billion.
- Recreational UTV market in the U.S. expanded to $4.2 billion in 2023, up 9.2% from prior year.
- Canadian ATV/UTV industry generated CAD 1.8 billion in economic impact in 2022.
- Latin America UTV market size stood at $450 million in 2023, with Brazil leading at 40% share.
- U.S. youth ATV market valued at $850 million in 2023, growing 4.5% annually.
- Global electric ATV/UTV market reached $320 million in 2023, CAGR 15.2% forecasted to 2030.
- Australia/New Zealand ATV market hit AUD 650 million in 2023, driven by farming use.
- U.S. powersports dealer ATV/UTV inventory value averaged $2.3 million per large dealer in 2023.
- Middle East & Africa UTV market projected to grow from $180 million in 2023 to $420 million by 2030.
- Sport ATV segment global market size was $1.1 billion in 2023.
- U.S. aftermarket ATV/UTV parts market valued at $1.9 billion in 2023.
- China domestic ATV/UTV production market worth CNY 15 billion in 2023.
Market Size and Growth Interpretation
Safety Statistics
- U.S. ATV-related fatalities: 631 in 2022, down 4% from 2021.
- 76% of ATV deaths in 2022 involved adults over 16 years old.
- Helmet usage among ATV riders: 71% in 2023 observational study.
- UTV rollover incidents: 42% of reported off-road accidents in 2023.
- Youth (16 and under) ATV injuries: 22,500 emergency visits in 2022.
- Alcohol involvement in 18% of fatal ATV crashes in U.S. 2022.
- Seatbelt use in UTVs: Only 34% compliance in crash-involved vehicles 2023.
- ATV passenger deaths: 23% of total fatalities in 2022.
- Speed-related UTV accidents: 55% of injury reports in 2023.
- States with mandatory ATV helmet laws for youth: 23 states in 2023.
- Tree/branch collisions: Cause of 12% ATV injuries in wooded areas 2022.
- Electric ATV safety incidents down 15% in 2023 vs gas models.
- UTV ejection injuries: 61% of hospitalized cases in 2022.
- Nighttime ATV operation involved in 27% of fatal crashes 2022.
- Pavement-related ATV accidents: 19% of total deaths in 2023.
- UTV fire incidents: 1.2 per 100,000 units registered in 2023.
- Head injuries account for 38% of ATV trauma cases in ER 2022.
- Rollovers cause 45% of UTV fatalities per CPSC 2023 data.
- ATV training course completers 25% less likely to crash in 2023 study.
- Multi-vehicle ATV crashes up 8% in 2023 rural areas.
Safety Statistics Interpretation
Sales and Shipments
- U.S. ATV shipments totaled 412,000 units in 2023, up 5.8% from 2022.
- Polaris delivered 180,000 UTV units in North America in 2023.
- Yamaha Motor Co. sold 95,000 ATVs globally in 2023, with 60% in utility segment.
- BRP (Can-Am) UTV retail sales reached 72,000 units in U.S. in 2023.
- Honda ATV U.S. sales: 45,200 units in 2023, focusing on youth models at 22% share.
- Kawasaki reported 28,500 UTV shipments to U.S. dealers in 2023.
- Arctic Cat (Textron) ATV sales: 19,800 units in 2023, down 3% YoY.
- CFMoto U.S. UTV retail: 15,400 units in 2023, up 45% from 2022.
- Kubota RTV UTV sales hit 12,000 units in U.S. agricultural sector 2023.
- John Deere Gator UTV: 22,500 units sold in 2023 across utility lines.
- Suzuki KingQuad ATV U.S. sales: 8,900 units in 2023.
- Global ATV wholesale shipments: 850,000 units in 2023, led by Asia at 48%.
- U.S. used ATV/UTV sales volume: 156,000 units in 2023 via dealers.
- Tracker Off Road UTV sales: 10,200 units in 2023.
- Mahindra Roxor sales: 4,500 units in U.S. 2023.
- Hisun/Himray UTV U.S. retail: 9,800 units 2023.
- Massimo Motor UTV sales growth to 7,600 units in 2023.
- Bennche UTV U.S. sales: 5,200 units in 2023.
- U.S. ATV export shipments: 35,000 units in 2023 to Canada/Mexico.
- U.S. ATV shipments totaled 412,000 units in 2023, up 5.8% from 2022.
- Polaris delivered 180,000 UTV units in North America in 2023.
- Yamaha Motor Co. sold 95,000 ATVs globally in 2023, with 60% in utility segment.
- BRP (Can-Am) UTV retail sales reached 72,000 units in U.S. in 2023.
Sales and Shipments Interpretation
Sources & References
- Reference 1STATISTAstatista.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3IBISWORLDibisworld.comVisit source
- Reference 4SVIAsvia.orgVisit source
- Reference 5EUROMONITOReuromonitor.comVisit source
- Reference 6MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 7POWERSPORTSBUSINESSpowersportsbusiness.comVisit source
- Reference 8FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 9MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 10BRPbrp.comVisit source
- Reference 11RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 12ALLIEDMARKETRESEARCHalliedmarketresearch.comVisit source
- Reference 13IRINFOirinfo.orgVisit source
- Reference 14CREDENCERESEARCHcredenceresearch.comVisit source
- Reference 15TRANSPARENCYMARKETRESEARCHtransparencymarketresearch.comVisit source
- Reference 16CHINA-POWERSPORTSchina-powersports.comVisit source
- Reference 17IRir.polaris.comVisit source
- Reference 18GLOBALglobal.yamaha-motor.comVisit source
- Reference 19IRir.brp.comVisit source
- Reference 20POWERSPORTSpowersports.honda.comVisit source
- Reference 21KAWASAKIkawasaki.comVisit source
- Reference 22INVESTORinvestor.textronsystems.comVisit source
- Reference 23KUBOTAUSAkubotausa.comVisit source
- Reference 24DEEREdeere.comVisit source
- Reference 25SUZUKICYCLESsuzukicycles.comVisit source
- Reference 26OEMOFFHIGHWAYoemoffhighway.comVisit source
- Reference 27TRACKEROFFROADtrackeroffroad.comVisit source
- Reference 28MAHINDRAOXmahindraox.comVisit source
- Reference 29MASSIMOMOTORmassimomotor.comVisit source
- Reference 30TRADEtrade.govVisit source
- Reference 31JDMAUTOMOTIVEjdmautomotive.comVisit source
- Reference 32CENSUScensus.govVisit source
- Reference 33NIELSENnielsen.comVisit source
- Reference 34PEWRESEARCHpewresearch.orgVisit source
- Reference 35AARPaarp.orgVisit source
- Reference 36VAva.govVisit source
- Reference 37BLSbls.govVisit source
- Reference 38CDCcdc.govVisit source
- Reference 39NHTSAnhtsa.govVisit source
- Reference 40CPSCcpsc.govVisit source
- Reference 41NEISSneiss.cpsc.govVisit source
- Reference 42NSCnsc.orgVisit source
- Reference 43AAAFOUNDATIONaaafoundation.orgVisit source
- Reference 44IIHSiihs.orgVisit source
- Reference 45JOURNALSjournals.lww.comVisit source
- Reference 46NCBIncbi.nlm.nih.govVisit source
- Reference 47FMCSAfmcsa.dot.govVisit source
- Reference 48NFPAnfpa.orgVisit source
- Reference 49ACEPacep.orgVisit source
- Reference 50GHSAghsa.orgVisit source
- Reference 51GREENPOWERSPORTSgreenpowersports.orgVisit source
- Reference 52AUTOMOTIVEWORLDautomotiveworld.comVisit source
- Reference 53EQUIPMENTWORLDequipmentworld.comVisit source
- Reference 54JDPOWERjdpower.comVisit source
- Reference 55COMPOSITESWORLDcompositesworld.comVisit source
- Reference 56RENTALMANAGEMENTMAGrentalmanagementmag.comVisit source
- Reference 57HYDROGENINSIGHThydrogeninsight.comVisit source
- Reference 58UTVGUIDEutvguide.netVisit source
- Reference 59LIGHTINGINSTITUTElightinginstitute.orgVisit source
- Reference 60EVPOWERSPORTSevpowersports.comVisit source
- Reference 61TECHCRUNCHtechcrunch.comVisit source
- Reference 62FLEETEQUIPMENTMAGfleetequipmentmag.comVisit source






