Over the five years to 2014, revenue for the ATV Manufacturing industry is expected to increase, bolstered by improvements in economic conditions, particularly at the consumer level. Because ATVs are primarily a discretionary purchase, industry revenue tends to be cyclical in nature. As a result, sales typically ebbs and flows with fluctuations in disposable income. As disposable income rises, demand at the retail level grows and subsequently stimulates demand at the manufacturing level. To this end, IBISWorld expects industry revenue to grow in the five years to 2014. Over the five years to 2019, the ATV Manufacturing industry is anticipated to continue its upward trend, albeit at a slower rate. Disposable income is expected to rise, stimulating demand for recreational purchases.
This industry manufactures all-terrain vehicles (ATVs) and their associated parts. ATVs are four-wheeled vehicles that are typically equipped with wide tires that have a deep tread suitable for various conditions and terrains. They can be used for recreation or utility purposes.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.