More Information @ https://bit.ly/2DWXHZH The sports segment will witness around 5% CAGR till 2024 with rising sports activities such as autocross, and rallycross.

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U.S. Off-Road Vehicles Market Growth, Analysis & Forecast
To 2024

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Changing lifestyle with increasing participation in outdoor activities will positively
influence the U.S. ORVs market share over the forecast period.
The presence of various facilities is scaling up the ORV demand. The availability of
off-road trail guides and travel communities are assisting events by providing easily
accessible route data and plans. Moreover, the emergence of grants and funding for
the development of trails will expand the U.S. ORVs market size from 2018 to 2024.
Increasing utility activities, such as construction, agriculture, and mining, will propel
the industry growth. ORVs are capable of operation on variable natural terrains and
carrying heavy weights. High torque generation, superior traction, and stability further
advocate its usage in non-conventional terrains. However, rising accidents and injuries
arising from off-roading will restrict the U.S. off-road vehicles market size.
Ongoing regulatory initiatives to enhance driver and passenger safety will boost
product adoption. The rising adoption of safety gears will induce a significant potential
in the U.S. off-road vehicles (ORVs) market share in the next six years.
Key Insights from U.S. Off-Road
Vehicles Market :

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Continued…
SSV leads the industry size owing to its applications in sports, utility, and
recreational activities. Industry players are upgrading their product portfolio for
multiple functionalities and more affordability. Moreover, easy finance availability will
escalate the U.S. ORVs market growth over the forecast timeline.
Off-road motorcycles will witness around 6% CAGR in the U.S. off-road vehicle
(ORVs) market size over forecast period. According to the OIO, in 2017, the U.S.
outdoor participants spent over USD 50 million in off roading. Industry participants
are expanding their product portfolio to serve larger consumer base.
Military application will witness a steady growth in the U.S. off-road vehicles market
share with the adoption of ORVs to carry artillery and soldiers in tough terrains.
Rising product demand in tactical & combat missions, search & rescue, and security
& patrol activities will enhance segment penetration. Organizations, such as AMA,
are conducting off-roading events, such as Amateur Championship, supporting the
segment growth.

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Latest Research Report On U.S. Off-Road Vehicles Market @
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Arizona Off-Road Vehicles Market, By Vehicle, 2017 & 2024, (USD Million)

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 Polaris Industries
 Textron
 BRP
 Yamaha Motors
Major Companies in U.S. Off-Road Vehicles
Market:

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Industry Coverage

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In 2017, California accounts for over 10% share in the U.S. off-road vehicles (ORVs)
market with the presence of state parks and recreational areas driving the product
demand. Organizations such as California State Parks are launching Grants &
Cooperative Agreements Program to promote OHV adaption. Arizona will witness
steady growth owing to flexible regulations. For instance, Arizona allows the usage of
California-registered vehicles in its state parks.
Texas will witness strong growth with the increasing youth population participating in
ORV activities. According to the U.S. Census Bureau, in 2017, the under-18 population
rose to 7.37 million with as increase of over 4.5% as compared to 2013. The growing
youth population will propel industry share over the forecast period. Moreover, the
Texas law allows the under-14 to drive ATVs under supervision, positively influencing
the product demand.
Regional Insights in U.S. Off-Road
Vehicles Market:

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