Research Report: ATV Electronics System Market (2020-2024) | Rising Demand of ATVs Across Various Applications to Boost Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the ATV electronics system market and it is poised to grow by USD 117.07 million during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

• Based on segmentation by type, which is the leading segment in the market?
  Lighting system.
  
• What are the major trends in the market?
  Emergence of autonomous ATVs.
  
• At what rate is the market projected to grow?
  The market is projected to grow at a CAGR of over 3% during 2020-2024.
  
• Who are the top players in the market?
  Acewell International Co. Ltd., Amphenol Corp., Continental AG, HELLA GmbH & Co. KGaA, Hirschmann Automotive GmbH, KSR International Co., Monroe Engineering LLC, Novotechnik Messwertaufnehmer OHG, TE Connectivity Ltd., and ZF Friedrichshafen AG are the top players in the market.
  
• What are the key market drivers and challenges?
  The market is driven by the rising demand for ATVs across various applications. However, legal limitations associated with the use of off-road vehicles might hamper the market growth.
  

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acewell International Co. Ltd., Amphenol Corp., Continental AG, HELLA GmbH & Co. KGaA, Hirschmann Automotive GmbH, KSR International Co., Monroe Engineering LLC, Novotechnik Messwertaufnehmer OHG, TE Connectivity Ltd., and ZF Friedrichshafen AG are some of the major market participants. The rising demand of ATVs across various applications will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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ATV Electronics System Market 2020-2024: Segmentation

ATV Electronics System Market is segmented as below:

• Type
  • Lighting System
  • Advanced Electronic Systems
  • Audio System
  • Other Electronic Systems
• Geographic Landscape
  • APAC
  • Europe
  • North America
  • South America
  • MEA

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ATV Electronics System Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The ATV electronics system market report covers the following areas:

• ATV Electronics System Market Size
• ATV Electronics System Market Trends
• ATV Electronics System Market Industry Analysis

This study identifies the emergence of autonomous ATVs as one of the prime reasons driving the ATV Electronics System Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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ATV Electronics System Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist ATV electronics system market growth during the next five years
• Estimation of the ATV electronics system market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the ATV electronics system market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of ATV electronics system market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Value chain analysis
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market Outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY TYPE

• Market segmentation by type
• Comparison by type
• Lighting system - Market size and forecast 2019-2024
• Advance electronic systems - Market size and forecast 2019-2024
• Audio system - Market size and forecast 2019-2024
• Other electronic systems - Market size and forecast 2019-2024
• Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Emergence of autonomous ATVs
• ATV experience zones
• Increase in adoption of advanced electronic systems in off-road vehicles

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Acewell International Co. Ltd.
• Amphenol Corp.
• Continental AG
• HELLA GmbH & Co. KGaA
• Hirschmann Automotive GmbH
• KSR International Co.
• Monroe Engineering LLC
• Novotechnik Messwertaufnehmer OHG
• TE Connectivity Ltd.
• ZF Friedrichshafen AG

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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