Over the projection period, it is also projected that rising disposable income and spending power of people in developed and developing nations will fuel the demand for all-terrain vehicles.
The market for All-Terrain Vehicles has been expanding due to a number of causes. First off, the nation's expanding economy is causing people and society to have more money to spend on these leisure and adventure vehicles. Second, all-terrain vehicle competitions in industrialised countries boost tourism, which further fuels this sector. Thirdly, all-terrain vehicles make it simpler for those with physical limitations or disabilities to explore the area than it would have been without them.