ATV and UTV vehicles are open motor vehicles with advanced abilities to operate on snow, mountains, forests and other rough terrains, due to their deep treaded tires. These vehicles possess great manoeuvrability and off-road capabilities utilized in military, forestry, survey, agriculture, sports and many other sectors. In recent years, ATV and UTV vehicles have immensely gained popularity for its access in remote areas and increased convenience to carry supplies and equipment, potentially replacing the pack of animals for transport.
Below are Few Noteworthy Names Established their Prominence in the ATV and UTV market –
Founded in 1946 and headquartered in Tokyo, Japan, Honda Motor Co.Ltd deals with developing, manufacturing and distributing automobiles, motorcycles and other products worldwide. The company operates through four segments, namely, Motorcycle, Business, Financial, Power Product and others. Out of which the automobile business segment is into offering passenger cars, mini vehicles, light trucks as well as alternative fuel-powered vehicles like electric, ethanol and fuel cell vehicles. The company also distributes spare parts and offers after-sales services through the retailers directly, also through independent distributors, overseas operations, licensees, etc. Honda acquired 15% shares of Ubitricity, a Berlin-based startup into mobile metering. The Japanese brand has made a significant purchase of shares, which signals its target to incorporate startup technologies into future generations of its vehicles.
Polaris Industries, headquartered in Medina, Minnesota is an American manufacturer of ATV, snowmobiles and electric vehicles and manufactures and designs power sports vehicles. It offers all-terrain vehicles, utility vehicles, snowmobiles, motorcycles, passenger vehicles, commercial vehicles, low emission vehicles, light-duty hauling vehicles and industrial. Moreover, the company also provides snow bike conversion kit systems and supplies numerous spare parts and accessories. Polaris markets its launches under the Turbo DYNAMIX, Timbersled, Polaris ACE, RANGER XP, RZR XP, Indian Motorcycles, Slingshot, DAGOR, MRZR, Pro Armor, Sportsman MV and Tail tech brands.
Headquartered in Iwata, Shizuoka, Yamaha Motor Co. is a Japanese manufacturer of motorcycles, marine products, industrial machinery and robots, power products and other motorized products. It provides recreational vehicles, commuter vehicles, all-terrain vehicles, off-highway vehicles and snowmobiles. The company also provides marine engines, wakeboard towing boats, power-assisted bicycles, generators, industrial robots, automobile engines, electric wheelchairs, unmanned helicopters and golf cars. Yamaha introduced its first 3-wheeler ATV in the U.S in 1980 and its 4-wheeled ATV in 1984. The popular brand has developed an extensive line of sport utility and side-by-side ATVs since then.
Kawasaki Heavy Industries, Ltd engages in motorcycle and engine, ship and offshore structure, aerospace, rolling stock, gas turbine and machinery, precision machinery and plant and infrastructure business. The motorcycle and engine segment deals with providing motorcycles, utility vehicles, all-terrain vehicles, personal watercraft and general-purpose gasoline engines. Founded in 1878, headquartered in Tokyo, Japan, the company sells its products in Japan, United States, Europe, Asia and many places worldwide.
Kwang Yang Motor Co, Ltd, is a Taiwanese company that designs and manufactures a wide range of ATVs, motorcycles, motor scooters and utility vehicles for worldwide distribution. The company’s headquarters are located in Kaohsiung City, Taiwan, and has around 3000 employees. The company produces more than 570,000 vehicles annually and has its additional reach in production facilities in Shanghai, Jakarta, Changsha, Petaling Jaya and Chengdu. In addition, it serves over 600 locations across the United States with an extensive line of ATV models.
- SUZUKI MOTOR CORPORATION
Suzuki is one of the top notable names in the automobile industry. The company manufactures automobiles, marine, motorcycles and power products. It provides standard-sized vehicles, mini-vehicles, all-terrain vehicles, sub-compact vehicles, motorized wheelchairs, outboard motors and electro senior vehicles. Moreover, it also provides premium luxury cars and sports utility vehicles (SUVs). Headquartered in Hamamatsu, Japan, Suzuki has 133 distributors in 192 countries and 35 production facilities in 23 countries.
- BRP INC.
Originally known as Bombardier (BRP), Can-Am is a company headquartered in Valcourt, Canada and founded in 1937. The company manufactures recreational vehicles such as Sea-Doo watercraft, Can-Am ATVs, Rotax engines, Spyder roadsters and many more. The company with its subsidiaries designs manufactures, develops, distributes and markets marine products and power sport vehicles worldwide. It launched its first side-by-side ATV in the year 2002 and is still developing its line of ATVs. The ATVs are suitable for ranchers or farmers focusing at a strong, utility ATV to fasten their work.
- TEXTRON INC. (ARCTIC CAT)
Founded in 1960 and headquartered in Thief River Falls, Minnesota, Arctic Cat is now a part of Textron Inc. The company designs, manufacture and distributes ATVs, snowmobiles and related parts. It produced its initial ATV in 1996 and today boasts an extensive range of ATVs. On March 6, 2017, Textron acquired Arctic Cat, a manufacturer of all-terrain vehicles, snowmobiles and side-by-sides. Textron Inc. serves telecommunications, construction, maintenance, electrical, data communications, utility and plumbing industries.
- HISUN MOTORS CORPORATION
Hisun Motors Corporation, USA is one of the fastest flourishing companies in the market. The company aims at delivering a wide range of unique and versatile ATVs and UTVs, surpassing the industry expectations. In addition, it offers technical support, housing final assembly and parts distribution. In the U.S, Hisun Motors is the largest provider of power sports vehicles. The company functions its business through its 300,000 sq.ft headquarters located in McKinney.
- DEERE & COMPANY
John Deere is a renowned brand worldly in providing advanced products and services for construction, forestry, agriculture, turf care, landscaping and irrigation. The company offers wholesale distribution of machinery and equipment. Founded in 1837, the company provides financial services globally and market and manufacture engines used in heavy equipment. John Deere has extended its heritage of quality, integrity, innovation and commitment successfully across the globe.
Few renowned options in this sector are the Yamaha Raptor 90, Kawasaki KFX90 and Honda TRX90 offering a great range in the 90cc range. The Cam-Am DS series is also a popular preference with a range of engine sizes. Thus, the growing brands in the ATV and UTV industry, along with its increasing manufacturers, are projected to create significant opportunities in the market.