The global all-terrain vehicle (ATV) lighting systems market is expected to witness significant growth during the forecast period (2020–2027). The market growth is majorly attributed to the increasing number of ATV racing events across the globe. For instance, MX sports have scheduled 10 ATV events for the year 2020. Such racing events are increasing the popularity of ATV bikes and are expected to drive market growth during the forecast period.
The global all-terrain vehicle lighting system market was valued at US$ 110.47 Mn in 2021.
Figure 2: Global All-Terrain Vehicle (ATV) Lighting Systems Market (US$ Mn) Analysis and Forecast, 2022 - 2030
The global all-terrain vehicle (ATV) lighting systems market was valued at US$ 110.47 Mn in 2021 and is expected to reach US$ X147.65 Mn by 2030, growing at a CAGR of 3.5% between 2022 and 2030.
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