United Kingdom Side-By-Side UTVs Market Outlook Report - Market Size, Share Analysis and Forecast (2024-2032)

United Kingdom Side-By-Side UTVs Market Size

The United Kingdom side-by-side UTVs market size attained a value of nearly USD 181.71 million in 2023. The market is projected to grow at a CAGR of 9.10% between 2024 and 2032 to reach a value of around USD 396.91 million by 2032.

Key Trends in the Market

Side-by-side UTVs refer to off-road vehicles which feature a four-wheel design that maximises traction in all terrain, making them applicable for activities such as towing and hauling. This vehicle can reach speeds of around 25 to 50 miles an hour and can accommodate two to four passengers.

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• The surge in demand for side-by-side UTVs in the United Kingdom for recreational activities and tourism is positively impacting the growth of the United Kingdom side-by-side UTVs market. Leading automotive manufacturers are also introducing new ranges of side-by-side UTVs to cater to the increasing popularity of recreational activities like hunting, mountaineering, and trade riding, among others.

• Rising disposable income, the surging interest in off-road events and adventure, and the growing use of side-by-side UTVs in the military sector are some of the factors bolstering the United Kingdom side-by-side UTVs market growth.

• There is a growing utilisation of electric side-by-side UTVs that combine quiet electric powertrains with innovative technologies and offer various benefits, including high performance, reduced noise, and low maintenance. Moreover, the increasing launch of innovative electric side-by-side UTVs and the growing trend of sustainability are expected to favour the market in the coming years.

Market Analysis

Based on displacement, the market is segmented into less than 400 cc, 400-800 cc, and more than 800 cc. On the basis of fuel type, the market is classified into gasoline powered, diesel powered, electric powered, and solar powered, among others. By end-user, the market is divided into agriculture, military, and mountaineering, among others.

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the United Kingdom side-by-side UTVs market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Polaris Inc.

• Yamaha Motor Co., Ltd.

• Can-Am Motorcycles

• Kawasaki Heavy Industries Ltd.

• Honda Motor Co., Ltd.

• CFMOTO

• Dalton’s ATVs Ltd

• ACE ATV Ltd

• Beckside Machinery Ltd.

• Suzuki Motor Corporation

• Others

Market Share by Displacement

Based on displacement, the more than 800 cc segment holds a considerable share of the United Kingdom side-by-side UTVs market. Side-by-side UTVs with more than 800 cc engines offer high performance on challenging terrains and possess excellent towing and cargo capacity with a speed of around 60 to 80 MPH. These advantages make the product extremely efficient for use in agriculture and military applications.

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Market Share by End-User

The agriculture segment, based on end-user, accounts for a healthy share of the United Kingdom side-by-side UTVs market. Surging farming activities have led to an increased demand for side-by-side UTVs as these vehicles provide superior performance such as the ability to carry heavy payloads, high power and manoeuvrability, excellent stability, and convenience for farmers during harsh weather conditions.

Moreover, side-by-side UTVs are likely to replace trailers for streamlining ploughing applications, spreading seeds, and maximising farming efficiency.

Competitive Landscape of UK Side-By-Side UTVs Industry

Polaris Inc. is a leading powersports company which designs, manufactures, and sells different off-road and on-road vehicles. It was founded in 1954 and is headquartered in Minnesota, the United States.

Yamaha Motor Co., Ltd. is a multinational manufacturer of motorcycles, marine products like boats and outboard motors, robotics, and several other types of vehicles. The company was established in 1955 and is headquartered in Shizuoka, Japan.

Can-Am Motorcycles is a subsidiary of Bombardier Recreational Products (BRP) which manufactures off-road vehicles. It was founded in 1971 and is headquartered in Quebec, Canada. Its product portfolio includes ATV vehicles, motorcycles, and side-to-side vehicles, among others, for off-road conditions.

Other market players include Kawasaki Heavy Industries Ltd., Honda Motor Co., Ltd., CFMOTO, Dalton’s ATVs Ltd, ACE ATV Ltd, Beckside Machinery Ltd., and Suzuki Motor Corporation, among others

Key Highlights of the Report