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OFF-ROAD VEHICLES MARKET ANALYSIS

Off-road Vehicles Market, By Vehicle Type (All Terrain Vehicles and Side-by-Side Vehicles), By Product Type (Utility, Recreational, and Youth), By Application (Sports, Military and Defense, Hunting, and Others), and By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Market News

Key Developments:

  • In September 2019, Polaris Inc. announced a launch of its new adventure crossover 64-inch Polaris GENERAL XP 1000, with additional new features such as more ground clearance and wider stance. It is available in two-and four-seat models is available with 100HP.
  • In August 2019, John Deere started production of class L-Series wheel loaders namely; 744L, 824L, and 844L. These three models are equipped with a roomier cab, an improved HVAC system and new electrohydraulic (EH) controls.
  • In May 2019, Caterpillar introduced its new agricultural loader Cat 914K Ag Handler which is specially developed to meet needs of Brazilian rural producers.
  • Textron Specialized Vehicles Inc. launched Prowler Pro Crew XT to its Textron off Road Prowler Pro lineup. The new Pro Crew XT provides quiet power and performance to the multi-passenger market.
  • In March 2017, Textron Inc. an American industrial conglomerate acquired Arctic Cat Inc. snowmobiles and all-terrain vehicles manufacturing company. Arctic Cat is operating as a subsidiary of Textron Specialized Vehicles Inc. which will design and manufacture equipment and vehicles used for the off-road purpose.

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