April. 4, 2018 (NEWS) – Off-Road High-Performance Vehicle Market Research Report 2018 Expands Information on Off-Road High-Performance Vehicle Market by Channel (OEM and Aftermarket), Application (Defense & Recreation) and by Regions. The global market of off-road high-performance vehicles wants to grow at a rapid pace over the forecast period.
Share this: Share this page Share this on Google+ Share on Twitter Share on Facebook Share on Facebook Share on Facebook Share on Facebook Share on Facebook Share on Facebook Share on Facebook Yamaha’s WR450F is one of the biggest selling off-road high-performance vehicles, along with YZ250F topping the sales charts for motocross. The motorcycle industry is going through a stable period in the past few years. Off-road high-performance vehicle. Growing in popularity among individuals. With every major motorcycle manufacturer pushing for product development and innovation in their off-road segments, the market has flooded with high-quality products across various prices ranges. The shrinking global scooter market is another indication of growing adoption of entry-level motorcycles by new customers in the market. Major automotive manufacturer Honda has a significant chunk of its revenue for their motorcycles division (USD 410 million), which is off-road high-performance vehicles is a major segment.
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Off-Road High-Performance Vehicle Market Companies Analyzed in report:
Wildcat (US), AEV Conversions (US), Offroad Zone (US), Icon Vehicle Dynamics (US), 4 Wheel Parts (US), Extreme Off-Road & Performance (US), Styling Trucks (US), and Summit Racing Equipment (US) US).
Mainly due to their lower cost, high mobility and efficiency Off-road high-performance vehicles have become an integral part of irregular warfare. Off-road high-performance vehicle from the defense sector is looking to the high-performance vehicle market. With manufacturers focusing on the development of tailor-made off-road high-performance vehicles for military applications. Off-road high-performance vehicles found widespread defense applications during the world wars. These were used for liaison, communications and transportation. After the World War the Demand for Off-Road High-Performance Vehicles diminished and the orders have never been returned. Technological development is one of the key influencing factors for the off-road high-performance vehicle market. Inflated defense budgets across the globe is another major factor, expected to provide the off-road high-performance vehicle market, a boost in the future. Increase in applications of motorcycles in defense is expected to have a major impact on the growth of the off-road high-performance vehicle market.
Market Segmentation:
The global off-road high-performance vehicle market has been segmented by original equipment manufacturers and aftermarket. By application, the market has been segmented as recreation and defense. By geography the market has been segmented as Americas, Europe, Asia Pacific and Rest of the world.
Geographic Analysis:
The growth of the Asia Pacific region is attributed to the adoption of passenger cars and thus, the increase in adoption of off-road high-performance vehicle in the passenger cars. In a high demand for off-road high-performance vehicle. The global off-road high-performance vehicle market is thus expected to grow during the forecast period, owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.
Target Audience of Report:
Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors
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