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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Australia Side-By-Side UTVs Market Outlook

The Australia side-by-side UTVs market size was valued at USD 91.17 million in 2023. The market is further projected to grow at a CAGR of 6.9% between 2024 and 2032, reaching a value of USD 166.98 million by 2032.

Key Takeaways

  • Key players in the market are Polaris Australia Inc., Yamaha Motor Australia Pty Ltd., Kawasaki Motors Pty Ltd., and KYMCO Australia.
  • A rapid shift from traditional ATVs to side-by-side UTVs is driven by enhanced safety technology and greater fuel efficiency.
  • A surge in recreational activities such as hunting, racing, trail riding, mudding, and winter riding is driving the demand for off-road vehicles, including side-by-side UTVs.

The side-by-side UTVs market is witnessing growth due to the increasing popularity of off-road recreational activities. This trend is fuelled by the preference for UTVs over traditional all-terrain vehicles (ATVs) for their safety and comfort features, making them a preferred choice for outdoor enthusiasts.

The utilisation of side-by-side UTVs in agriculture and industrial sectors is another significant trend impacting the Australia side-by-side UTVs market growth. These vehicles are employed for various tasks like ploughing, towing, transporting loads in farming operations, as well as for transporting equipment and materials in rough terrains at mining and construction sites. This diversification of applications is therefore, contributing to market growth.

Additionally, continuous product innovation by manufacturers focusing on enhancing power, capacity, and safety features is driving the introduction of more efficient UTV models. Additionally, the emerging trend of adventure tourism in Australia is boosting demand for UTVs. The natural landscapes in these countries offer ideal conditions for UTV rides, attracting local and international tourists seeking adventurous mountaineering activities. These factors collectively contribute to the market growth.

Additionally, the gasoline-powered UTVs offering traditional power sources for these vehicles have a significant Australia side-by-side UTVs market share. This segment caters to users who prefer the convenience and availability of gasoline fuel for their UTVs. Diesel-powered UTVs represent another segment in the market, appealing to users who prioritise fuel efficiency and torque for heavy-duty applications. These vehicles are commonly used in agricultural and industrial settings due to their robust performance.

Meanwhile, the electric-powered UTV segment is gaining traction in the market, driven by the increasing focus on sustainability and environmental concerns. These vehicles offer quieter operation, zero emissions, and lower maintenance costs, making them attractive to eco-conscious consumers. According to market analysis, solar-powered UTVs represent a niche but emerging segment in the market, leveraging renewable energy sources for operation. These vehicles are designed to reduce reliance on traditional fuels and offer a more sustainable alternative for users looking to minimise their carbon footprint.

Australia Side-By-Side UTVs Market

Market Segmentation

Australia Side-By-Side UTVs Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Displacement 

  • Less than 400 CC
  • 400-800 CC
  • More than 800 CC
  • Others

Market Breakup by Fuel Type

  • Gasoline Powered
  • Diesel Powered
  • Electric Powered
  • Solar Powered
  • Others

Market Breakup by End Use

  • Agriculture
  • Military
  • Mountaineering
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Australian Capital Territory
  • Others

Competitive Landscape

Market players are expanding their production facilities to make more dependable UTVs and to say ahead in the competition.

  • Polaris Australia Inc.
  • Yamaha Motor Australia Pty Ltd.
  • Kawasaki Motors Pty Ltd.
  • KYMCO Australia 
  • Kubota Australia pty ltd. 
  • Landboss 
  • Honda Australia Pty Ltd. 
  • CFMOTO 
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Displacement
  • Fuel Type
  • End Use
  • Region
Breakup by Displacement
  • Less than 400 cc
  • 400-800 cc
  • More than 800 cc
  • Others
Breakup by Fuel Type
  • Gasoline Powered
  • Diesel Powered
  • Electric Powered
  • Solar Powered
  • Others
Breakup by End Use
  • Agriculture
  • Military
  • Mountaineering
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Polaris Australia Inc.
  • Yamaha Motor Australia Pty Ltd.
  • Kawasaki Motors Pty Ltd.
  • KYMCO Australia 
  • Kubota Australia pty ltd. 
  • Landboss 
  • Honda Australia Pty Ltd. 
  • CFMOTO 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 91.17 million.

The market is expected to grow at a CAGR of 6.9% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 166.98 million by 2032.

Rising farming activities, shift from traditional ATVs to UTVs, and strong foothold of UTV manufacturers are some of the major factors propelling the growth of the market.

Key trends aiding the market expansion are rising popularity of UTVs in off-road recreation activities and expansion in agricultural and industrial applications.

Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.

Different fuel types included in the market are gasoline powered, diesel powered, electric powered, and solar powered, among others.

Based on displacement, the market segmentations include less than 400 CC, 400-800 CC, and more than 800 CC, among others.

Agriculture, military, and mountaineering are some of the end uses considered in the market.

Key players in the market are Polaris Australia Inc., Yamaha Motor Australia Pty Ltd., Kawasaki Motors Pty Ltd., KYMCO Australia, Kubota Australia pty ltd., Landboss, Honda Australia Pty Ltd., and CFMOTO, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124