Automotive and Transportation

Global Off-road High-performance Vehicle Market 2016-2020

  • TEC695195
  • 65 Pages
  • September 2016
  • Automotive and Transportation
About Off-Road Vehicles

An off-road vehicle is equipped with systems and functions for driving on and off the pavement or road surface. Large tires mostly characterize the vehicle with wide treads and adjustable suspension. Most off-roader vehicles feature higher ground clearance, enhanced suspension system, and wide profile tires, which provide better traction and low-end torque to drive through the roughest of terrains. Off-road vehicles are categorized as two-wheelers and four-wheelers including SUVs. Off-road high-performance vehicles are a sub-section of the off-road vehicle market, which are typically used for racing events. Off-road racing vehicles are used in various rallies and racing events worldwide. Some of the examples of racing events include Dakar Rally, Baja 1000, and World Rally Championship.

Technavios analysts forecast the global off-road high-performance vehicle market to grow at a CAGR of 6.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global off-road high-performance vehicle market for 2016-2020. To calculate the market size, the report considers a top-down approach, where the market is derived from overall sales of Class 3 and Class 4 trucks.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Off-Road High-Performance Vehicle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Wildcat
AEV Conversions
Zone Offroad
Icon Vehicle Dynamics

Other prominent vendors
4 Wheel Parts
Extreme Offroad & Performance
Stylin Trucks
Summit Racing Equipment

Market driver
Growing payload capacity by trailer sway control: Improving adverse handling caused by crosswinds and traffic
For a full, detailed list, view our report

Market challenge
Persistent challenges related to design improvement of pick-up trucks
For a full, detailed list, view our report

Market trend
Electric off-road racing vehicles gaining popularity
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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