Transparency Market Research has published a new report titled, “Off-road Vehicle Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026”. According to the report, the global off-road vehicle market for automotive is anticipated to surpass US$ 380 Bn by 2026, expanding at a CAGR of more than 4% during the forecast period.
The global off-road vehicles market offers healthy growth opportunities in the entire ecosystem and its size is projected to reach an estimated value of US$ 12.2 billion in 2024. Recovery of the global economy and increasing disposable income, growing recreational and touring activities, an advancement in the ORV technology, and increasing usage of ORVs in the agriculture and military operations are the ... Read more