Middle East and Africa Powersports Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (All-Terrain Vehicles, Side-by-Side, and Motorcycles)
The powersports market in the MEA is expected to grow from US$ 2,200.33 million in 2021 to US$ 2,653.12 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028.
The early acceptance of the Blink Charging Co.'s Level 2 AC charging stations has been paving the way for electrically driven motorbikes and other recreational vehicles in the MEA. Dealerships, repair shops, and alternative fueling stations are more likely to supply a power source for charging bigger cars faster and more effectively through well-planned and constructed charging stations. Electric bikes are currently being built with an engine on the wheel. Such modifications in the engine position will reduce the overall vehicle weight and allow more power generation with less effort, which indicates the significant potential for the future generation of ecologically responsible powersports. Segway, a company well-known for its stand-up personal mobility vehicles, launched a series of environmentally friendly powersports vehicles in 2020. Its new product lineup includes two side-by-side vehicles and at least one ATV. Although these cars will start as hybrids, Segway intends to transition to all-electric vehicles in the future. Thus, electric-powered recreational vehicles are likely to emerge as future trends in the powersports market in the MEA.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA powersports market at a notable CAGR during the forecast period
MEA Powersports Market Revenue and Forecast to 2028 (US$ Million)
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MEA Powersports Market Segmentation
The MEA powersports market is segmented into type and country. Based on type, the market is segmented into all-terrain vehicles, side-by-side, and motorcycles. The motorcycles segment led the market with the largest share in 2020. Based on country, the MEA powersports market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of MEA.
American Honda Motor Company, Inc.; Kawasaki Motors Corp; Polaris Inc.; Suzuki Motor USA; and Yamaha Motor Corporation are among the leading companies in the MEA powersports market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Powersports Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. MEA Powersports Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in All-Terrain Vehicle Popularity and Experience Zones
5.1.2 Powersports Getting Important to Boost Adventure Tourism
5.2 Market Restraints
5.2.1 Alteration of Soil Structure and Adverse Impact on Vegetation
5.3 Market Opportunities
5.3.1 Powersports Products Witnessing New Innovations
5.4 Future Trends
5.4.1 Emphasis on Green Energy in Powersports Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Powersports Market – MEA Analysis
6.1 MEA Powersports Market Overview
6.2 MEA Powersports Market Revenue Forecast and Analysis
7. MEA Powersports Market Revenue and Forecasts To 2028 – Type
7.1 Overview
7.2 MEA Powersports Market, By Type (2020 And 2028)
7.3 All-Terrain Vehicles
7.3.1 Overview
7.3.2 All-Terrain Vehicles: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.3.3 Utility Market
7.3.3.1 Overview
7.3.3.2 Utility Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.3.4 Sports Market
7.3.4.1 Overview
7.3.4.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4 Side-By-Side
7.4.1 Overview
7.4.2 Side-By-Side: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4.3 Utility Market
7.4.3.1 Overview
7.4.3.2 Utility Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.4.4 Sports Market
7.4.4.1 Overview
7.4.4.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5 Motorcycles
7.5.1 Overview
7.5.2 Motorcycles: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.3 Street Market
7.5.3.1 Overview
7.5.3.2 Street Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.4 Cruiser Market
7.5.4.1 Overview
7.5.4.2 Cruiser Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.5 Sports Market
7.5.5.1 Overview
7.5.5.2 Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.6 Dual Sports Market
7.5.6.1 Overview
7.5.6.2 Dual Sports Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.7 Adventure Market
7.5.7.1 Overview
7.5.7.2 Adventure Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
7.5.8 Others Market
7.5.8.1 Overview
7.5.8.2 Others Market: Powersports Market Revenue and Forecast To 2028 (US$ Million)
8. MEA Powersports Market – Country Analysis
8.1 Overview
8.1.1 MEA: Powersports Market Breakdown, by Country
8.1.1.1 UAE: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.1.1 UAE: Powersports Market Breakdown, by Type
8.1.1.1.1.1 UAE: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.1.1.2 UAE: Powersports Market Breakdown, by Side-by-Side
8.1.1.1.1.3 UAE: Powersports Market Breakdown, by Motorcycles
8.1.1.2 Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.2.1 Saudi Arabia: Powersports Market Breakdown, by Type
8.1.1.2.1.1 Saudi Arabia: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.2.1.2 Saudi Arabia: Powersports Market Breakdown, by Side-by-Side
8.1.1.2.1.3 Saudi Arabia: Powersports Market Breakdown, by Motorcycles
8.1.1.3 South Africa: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.3.1 South Africa: Powersports Market Breakdown, by Type
8.1.1.3.1.1 South Africa: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.3.1.2 South Africa: Powersports Market Breakdown, by Side-by-Side
8.1.1.3.1.3 South Africa: Powersports Market Breakdown, by Motorcycles
8.1.1.4 Rest of MEA: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
8.1.1.4.1 Rest of MEA: Powersports Market Breakdown, by Type
8.1.1.4.1.1 Rest of MEA: Powersports Market Breakdown, by All-terrain Vehicles
8.1.1.4.1.2 Rest of MEA: Powersports Market Breakdown, by Side-by-Side
8.1.1.4.1.3 Rest of MEA: Powersports Market Breakdown, by Motorcycles
9. Industry Landscape
9.1 Market Initiative
9.2 Merger and Acquisition
9.3 New Development
10. Company Profiles
10.1 BRP
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Kawasaki Motors Corp
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Polaris Inc.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Yamaha Motor Corporation
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Suzuki Motor USA
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 American Honda Motor Company, Inc.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES
Table 1. MEA Powersports Market Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA: Powersports Market, Revenue and Forecast To 2028 – by Country (US$ million)
Table 3. UAE: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 4. UAE: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 5. UAE: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 6. UAE: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 7. Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 8. Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 9. Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 10. Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 11. South Africa: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 12. South Africa: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 13. South Africa: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 14. South Africa: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 15. Rest of MEA: Powersports Market, Revenue and Forecast To 2028 – by Type (US$ Million)
Table 16. Rest of MEA: Powersports Market, Revenue and Forecast To 2028 – by All-terrain Vehicles (US$ Million)
Table 17. Rest of MEA: Powersports Market, Revenue and Forecast To 2028 – by Side-by-Side (US$ Million)
Table 18. Rest of MEA: Powersports Market, Revenue and Forecast To 2028 – by Motorcycles (US$ Million)
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Powersports Market Segmentation
Figure 2. MEA Powersports Market Segmentation – By Country
Figure 3. MEA Powersports Market Overview
Figure 4. MEA Powersports Market, by Type
Figure 5. MEA Powersports Market, by Country
Figure 6. MEA: PEST Analysis
Figure 7. MEA Powersports Market- Ecosystem Analysis
Figure 8. MEA Powersports Market Impact Analysis of Drivers and Restraints
Figure 9. MEA Powersports Market Revenue Forecast and Analysis (US$ Million)
Figure 10. MEA Powersports Market, By Type (2020 and 2028)
Figure 11. MEA All-Terrain Vehicles: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Utility Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Side-By-Side: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Utility Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Motorcycles: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Street Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Cruiser Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Dual Sports Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Adventure Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Others Market: Powersports Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA: Powersports Market, by Key Country- Revenue (2020) (US$ Million)
Figure 25. MEA: Powersports Market Breakdown, by Country, 2020 and 2028(%)
Figure 26. UAE: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 27. Saudi Arabia: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 28. South Africa: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
Figure 29. Rest of MEA: Powersports Market, Revenue and Forecast To 2028 (US$ Million)
- American Honda Motor Company, Inc.
- Kawasaki Motors Corp
- Polaris Inc.
- Suzuki Motor USA
- Yamaha Motor Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA powersports market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA powersports market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the powersports market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution