All-terrain vehicles (ATVs) are vehicles with treads or wheels with low pressure tires. They are saddle straddled by riders and have handle bars for steering controls. ATVs are designed to travel off-road. These vehicles are also known as quads, quad bikes, three-wheelers, four-wheelers or quadricycles. All-terrain vehicles possess the strength or endurance to cover miles of terrain full of dirt, sand, mud, gravel, and rocks. All-terrain vehicles were first introduced in the 1970s. These vehicles are specifically designed for outdoor and off-road terrain. Apart from excellent off-road capabilities, all-terrain vehicles can carry heavy equipment for miles on locations having narrow access points, where it would not be possible to ride larger vehicles.
All-terrain vehicles offer many advantages over normal utility vehicles (UTVs) like excellent off-road capabilities, ability of carrying heavy equipment for miles on locations having narrow access points, where it would not be possible to ride larger vehicles. These vehicles can also be modified for high-performance riding. These advantages provided by the all-terrain vehicles are expected to boost the all-terrain vehicles market during the forecast period.
Efforts undertaken to improve the technology used in ATVs such as the addition of power steering, four-wheel independent suspension, electronic fuel injection, and complex four-wheel drive systems are expected to fuel the all-terrain vehicles market during the forecast period. The development of electric ATVs are expected to help reduce emissions and noise along with their low cost are expected to further boost the all-terrain vehicles market during the forecast period.
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The increasing risk of accidents caused due to the use of the ATVs flipping or rolling are expected to restrict the all-terrain vehicles market during the forecast period.
Based on type, the all-terrain vehicles market is segmented into: utility ATVs, sports ATVs, and four wheel drive sport ATVs. Utility ATVs are the most used type of ATVs. These ATVs are larger and heavier than sports ATVs and are designed for heavy work operations. They usually have lower gearing with more torque carrying capacity. Sports ATVs are usually equipped with stiffer suspensions, lower center of gravity, and are lighter weight as compared to utility ATVs. Sports ATVs are provided with higher and more efficient engines, providing them the ability to reach and maintain high speeds for extended periods of time. This makes the sports ATVs suitable for sporty recreational and racing applications. Four-wheel drive sport ATVs have been developed to provide the combined features of both sports as well as utility ATVs. These vehicles are provided with four-wheel drive and plush suspensions to allow them to operate on rougher terrains.
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