Power Sports Global Market Report 2022: Market Size, Trends, And Forecast To 2026

The Business Research Company’s Power Sports Global Market Report 2022: Market Size, Trends, And Forecast To 2026

LONDON, GREATER LONDON, UK, July 14, 2022 /EINPresswire.com/ -- According to ‘Power Sports Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the power sports market size is expected to grow from $29.04 billion in 2021 to $30.88 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The power sport market size is expected to grow to $39.95 billion in 2026 at a CAGR of 6.7%. The rising participation in recreational activities, such as snowmobiling and off-road biking is expected to propel the growth of the power sports market.

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The power sports market consists of sales of power sports products by entities (organizations, sole traders, and partnerships) that are used for racing and recreational pleasure riding. Power sports are defined as a subset of the motorsports category that has high-performance engines and controlled handlebars for controlling the movement. The rider usually sits on a saddle for power sports vehicles, unlike sitting in enclosed spaces in other cars or vehicles. These are usually used for races and other similar sporting events.

Global Power Sports Market Trends
Technological advancements are a key trend gaining popularity in the power sports market.

Global Power Sports Market Segments
The global power sports market is segmented:
By Vehicle Type: All-Terrain Vehicle, Side-by-Side Vehicle, Personal Watercraft, Snowmobiles, Heavyweight Motorcycle
By Model: Multi Personal, Sit Down, Stand Up
By Application: On-Road, Off-Road
By Geography: The global power sports market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.

Read More On The Global Power Sports Market Report At:
https://www.thebusinessresearchcompany.com/report/power-sports-global-market-report

Power Sports Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides power sports global market overviews, analyzes and forecasts market size and growth for the power sports global market, power sports global market share, power sports global market segments and geographies, power sports global market trends, power sports market players, power sports market leading competitor revenues, profiles and market shares. The power sports market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Power Sports Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: John Deere, Polaris Inc, Kawasaki Heavy Industries Motorcycle & Engine Company, Yamaha Motor Co. Ltd., Honda Motor Company Ltd., Suzuki Motor Corporation, Harley-Davidson Inc., Kubota Corporation, Kymco, Arctic Cat Inc., Textron Inc., Ducati Motor Holding S.p.A., Triumph Motorcycles Ltd, Zero Motorcycles Inc., and Hisun Motors Corp.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

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About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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