Off-road Vehicles Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Off-road Vehicles

The global off-road vehicles market size is expected to reach around USD 35.90 billion by 2033 from USD 23.34 billion in 2023, expanding at a CAGR of 4.4% from 2024 to 2034. The top companies operating in the off-road vehicles market are Arctic Cat Inc. (Textron Inc.), ARGO, BRP, Deere & Company, Electra Meccanica, Harley-Davison, Inc., Honda Motor Co., Ltd., SSR Motorsports, Taiga Motors Inc., Yamaha Motor Co., Ltd., and Others.

Market Report Coverage

Off-road Vehicles Market Companies

• Arctic Cat Inc. (Textron Inc.)
• ARGO
• BRP
• Deere & Company
• Electra Meccanica
• Harley-Davison, Inc.
• Honda Motor Co., Ltd.
• SSR Motorsports
• Taiga Motors Inc.
• Yamaha Motor Co., Ltd.

Recent Developments

• In August 2023, BYD declared the off-road SUV BAO 5 governed by the DMO tech and FANGCHENGBAO brand.
• In August 2022, all Volcon Inc.'s off-road utility terrain vehicles, notably the company's flagship Volcon Stag UTV, which was unveiled to the public on July 1, 2022, will be powered by General Motors' tried and accurate electric propulsion systems. Future GM electric propulsion systems will be used in the design and development of future models, which will include further iterations of the Stag and the company's projected "Project X" vehicle. With GM's electric propulsion, Volcon will be the first and, for now, the sole off-road power sports manufacturer to provide their entire lineup of vehicles.

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