Product Code: ETC070618 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The electric ATV and UTV market in Saudi Arabia has been experiencing growth, driven by factors such as increasing environmental awareness, a shift towards sustainable transportation, and the versatility of these vehicles in various applications. ATV and UTV vehicles are commonly used in industries such as agriculture, mining, construction, and recreational activities.
Growing environmental consciousness and a desire to reduce carbon emissions have led to an increased demand for electric vehicles (EVs) across various segments, including ATV and UTV markets. Electric ATVs and UTVs produce zero tailpipe emissions and offer a cleaner alternative to conventional gasoline-powered vehicles. The Saudi Arabia government has shown interest in promoting sustainable transportation and reducing dependence on fossil fuels. This support may come in the form of incentives, subsidies, or policy initiatives to encourage the adoption of electric vehicles, including ATVs and UTVs. Electric ATVs and UTVs offer versatility and functionality in a wide range of applications. They can be used for recreational purposes, agricultural work, off-road exploration, and other utility tasks. The flexibility of these vehicles makes them attractive to various industries and consumers.
The availability of charging infrastructure for electric vehicles is crucial for their widespread adoption. Expanding the charging network across remote areas or off-road locations, where ATVs and UTVs are commonly used, can be challenging and may require significant investments. Electric ATVs and UTVs typically have a limited range compared to their gasoline-powered counterparts. Improvements in battery technology are necessary to enhance the range and performance of electric off-road vehicles.
The Covid-19 pandemic had varying impacts on different industries, including the ATV and UTV market. While the pandemic may have temporarily disrupted supply chains and production, it also highlighted the importance of sustainable transportation and the need for cleaner vehicles. The long-term impact on the market will depend on factors such as the severity and duration of the pandemic, economic recovery, and consumer behavior shifts.
Some well-known companies in the electric ATV and UTV market include Polaris Industries Inc., Arctic Cat Inc., Can-Am Off-Road, Yamaha Motor Co., Ltd., and Kubota Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Industry Life Cycle |
3.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Porter's Five Forces |
3.5 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Drivetrain Type, 2021 & 2031F |
3.8 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Engine Size, 2021 & 2031F |
3.9 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.10 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.11 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Number of wheels, 2021 & 2031F |
4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Trends |
6 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Types |
6.1 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Application Type, 2018 - 2031F |
6.1.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Professional Sports, 2018 - 2031F |
6.1.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Recreational, 2018 - 2031F |
6.1.5 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Agriculture and Utility, 2018 - 2031F |
6.1.6 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Military and Defense, 2018 - 2031F |
6.1.7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By All-terrain Vehicle, 2018 - 2031F |
6.2.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Utility-terrain Vehicle, 2018 - 2031F |
6.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Drivetrain Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Two-wheel Drive, 2018 - 2031F |
6.3.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Four-wheel Drive, 2018 - 2031F |
6.3.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By All-wheel Drive, 2018 - 2031F |
6.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Engine Size |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Less than 400 CC, 2018 - 2031F |
6.4.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By 400 CC to 800 CC, 2018 - 2031F |
6.4.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than 800 CC, 2018 - 2031F |
6.5 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Battery Capacity |
6.5.1 Overview and Analysis |
6.5.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Up to 48V, 2018 - 2031F |
6.5.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By 48V to 72V, 2018 - 2031F |
6.5.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than 72V, 2018 - 2031F |
6.6 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Propulsion Type |
6.6.1 Overview and Analysis |
6.6.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By BEV, 2018 - 2031F |
6.6.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By PHEV, 2018 - 2031F |
6.6.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By HEV, 2018 - 2031F |
6.7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Number of wheels |
6.7.1 Overview and Analysis |
6.7.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Four-wheeled, 2018 - 2031F |
6.7.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than four-wheeled, 2018 - 2031F |
6.8 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Seating Capacity |
6.8.1 Overview and Analysis |
6.8.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By One-seater, 2018 - 2031F |
6.8.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Two-seater, 2018 - 2031F |
7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Import-Export Trade Statistics |
7.1 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Export to Major Countries |
7.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Imports from Major Countries |
8 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Key Performance Indicators |
9 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Opportunity Assessment |
9.1 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Drivetrain Type, 2021 & 2031F |
9.4 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Engine Size, 2021 & 2031F |
9.5 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.6 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Number of wheels, 2021 & 2031F |
9.7 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Seating Capacity, 2021 & 2031F |
10 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Competitive Landscape |
10.1 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |