The size of MEA utility terrain vehicles market was registered at 270 million in the year 2018 and is anticipated to cross 465 million by 2025. Between the period 2019-2025, the MEA utility terrain vehicles industry is expected to register a CAGR of 6.5 %. Growing applications fueled by developments in the field of sports, agriculture, and forestry along with the emergence of the advanced components like intelligent suspension systems will further advance market scope.

MEA utility terrain vehicles market has garnered remarkable momentum owing to the growing popularity of side-by-side all-terrain vehicles in applications such as forestry, sports, highway engineering, and agriculture. A UTV not only offers off-road abilities but can also be to haul equipment and supplies in places where making use of truck becomes impractical or impossible. UTVs have particularly experienced massive demand from sports and utility segments, with increasing number of sporting events worldwide and consistent deployment in agricultural environments.

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Agriculture has been a major economic driver across the African region, while simultaneously meeting the growing food requirement in the Middle East, where Egypt, Jordan and Saudi Arabia have substantial farming footprint. UTVs allow farmers to easily carry tools and equipment as well as labor to and from the farming sites. Besides, disc harrows, aerators, cultipackers and other equipment can be attached to UTVs for earth digging and other operations. Consistent demand for food and other products derived from farming will sustain agricultural activates in the region, presenting a promising revenue source for MEA utility terrain vehicles market.

As increasing number of developments in vehicle manufacturing and technologies emerge, MEA utility terrain vehicles market is poised to witness numerous advancements as well. The off-road sports application segment has been one of the notable components of the industry. Market leaders and regional contenders alike are leveraging the endless opportunities to customize and develop new sports UTVs, paving way for challenging racers. By making available powerful and reliable products for powersport, manufactures will generate considerable popularity for UTVs among riders and outdoor enthusiasts, fueling utility terrain vehicles market expansion.

Over the past few years it has been observed that there is considerable risk of injury and death associated with UTVs. To address these risks, regulatory authorities like Roads & Transport Authority (RTA) of Dubai, Department of Transport South Africa (DoT) aim to ensure the highest level of safety for UTV users by introducing vehicle safety norms. The implementation of regulations regarding licensing of UTVs to maintain safety of environment and people is slated to promote players in the MEA utility terrain vehicles market to shift their focus toward product advancements.

Specific to forest services, the overall UTV industry is gaining significant momentum worldwide, and MEA region is one of the key contributors towards this increase. Vehicle manufactures have been giving more importance to engine reliability, towing performance, and cargo capacity of latest UTVs to strengthen consumer base. The adoption of off-road vehicles throughout forest trails and for tourism activities will reinforce the competitive outlook of MEA utility terrain vehicles market.

Yamaha Motors, Honda Motors, Polaris Industries, Kubota Corp and Kawasaki SA are some of the key players comprising the competitive hierarchy in the region

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Partial Chapter of the Table of Content

Chapter 5 MEA Utility Terrain Vehicles Market, By Application

5.1 MEA market share by application, 2018 & 2025

5.2 Utility

5.2.1 Market estimates and forecast from utility, 2013 - 2025, (Units) (USD Million)

5.2.2 Market estimates & forecast from utility, by country, 2013-2025 (Units) (USD Million)

5.3 Sports

5.3.1 Market estimates and forecast from sports, 2013 - 2025, (Units) (USD Million)

5.3.2 Market estimates & forecast from sports, by country, 2013-2025 (Units) (USD Million)

5.4 Recreation

5.4.1 Market estimates and forecast from recreation, 2013 - 2025, (Units) (USD Million)

5.4.2 Market estimates & forecast from recreation, by country, 2013-2025 (Units) (USD Million)

5.5 Military

5.5.1 Market estimates and forecast from military, 2013 - 2025, (Units) (USD Million)

5.5.2 Market estimates & forecast from military, by country, 2013-2025 (Units) (USD Million)

Charts & Figures

FIG. 1    MEA utility terrain vehicles market segmentation

FIG. 2    Industry landscape, volume & revenue (Units) (USD Million), 2013 - 2025

FIG. 3    Industry ecosystem analysis

FIG. 4    Growth potential analysis, 2018

FIG. 5    Porter’s analysis

FIG. 6    PESTLE analysis

FIG. 7    MEA market share by displacement, 2018 & 2025

FIG. 8    MEA market share by application, 2018 & 2025

FIG. 9    MEA utility terrain vehicles market share by country, 2018 & 2025

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