Powersports are a subset of the generalized category motorsports. Examples of powersport vehicles are motorcycles, ATVs, UTVs, snowmobiles and PWCs. One of the defining features of any powersport is the use of an engine, in one form or another. Other defining features of powersport vehicles include the use of handlebars to control movement and the mounting of the rider "on" the machine, exposed to the elements.

Market Analysis and Insights: Global Power Sports Market

Due to the COVID-19 pandemic, the global Power Sports market size is estimated to be worth US$ 12890 million in 2022 and is forecast to a readjusted size of US$ 15250 million by 2029 with a CAGR of 2.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, ATV accounting for % of the Power Sports global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Off-Road segment is altered to an % CAGR throughout this forecast period.

Honda, BRP and KTM are the top 3 of Power Sports, with about 35% market shares.

Global Power Sports Scope and Market Size

The global Power Sports market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Sports market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.


Segment by Type


ATV

UTV

Motorcycle

Snowmobile

PWC


Segment by Application


Off-Road

Road

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Honda

BRP

KTM

Yamaha Motor

Polaris

Ducati

Kawasaki

BMW Motorrad

Arctic Cat

Suzuki

KYMCO

MV Agusta

Triumph

CFMOTO

Feishen Group

Zero Motorcycles

Rato

HISUN Motor