In North America, ATV manufacturers such as Arctic Cat, Bombardier Recreational Products, Yamaha Motor, and Honda Motor formed an association to develop terrain vehicles market by organizing sports events. Polaris is developing Polaris experience zones PEZs in countries like America, Germany, and India to increase its customer base. Polaris recently opened a new experience zone in Mumbai, India, which took their overall experience zone count to 54 in India. This analyst forecast the global all terrain vehicles market to grow at a CAGR of 8. 19% during the period 2016 2020. According to the all terrain vehicles market report, one of the primary drivers in the market is growing use as a means of transport on uneven roads. The all terrains vehicles market is experiencing increased demand because of its ability to move quickly in mountainous and rocky terrains. American consumers are using ATVs in forests, agricultural lands, and mountains. Australia, US, Germany, and India are adopting ATVs for farming, which needs less manpower and decreases the overall cost of farming. ATVs, also known as quad bikes with the ability to operate in different terrain conditions such as in mud, water, and rough areas. Another related report is Global Hybrid Electric Vehicle Market 2016 2020, one of the primary drivers in the market is push toward adoption of green eco friendly vehicles.
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