Upward slope: Revenue will grow as new products are offered to satisfy a diverse consumer market

Over the five years to 2018, the ATV, Golf Cart and Snowmobile Manufacturing industry in Canada is expected to grow at a modest rate, with much of this slow growth occurred during the middle of the five-year period, as plummeting oil prices damaged Canada's commodity-reliant economy. This decline was partially offset by the weak Canadian dollar, which boosted industry exports to the United States over the past five years. However, an expected increase in the national unemployment rate, coupled with modest growth in consumer spending, is expected to hinder industry performance. Over the five years to 2023, as the domestic economy stabilizes, the industry is projected to trend upward at a slightly faster rate than during the previous period...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Foreign producers, particularly from Mexico, are expected compete vigorously for domestic demand
  • Industry products are subject to various environmental regulations
  • Increasing input prices and foreign competition will hinder growth
  • Industry Report - Industry Products Chapter

    This industry manufactures a highly diversified range of recreational and leisure-related vehicles, including all-terrain vehicles (ATVs), golf carts, snowmobiles and personal watercrafts (PWCs).Year-round productsYear-round products include vehicles that are sold and used throughout the year in most climates and include the ATVs and side-by-side vehicles (SSVs), which are designed to be driven on a wide variety of surfaces, including trails, grass, unpaved roads, swamps, snow and sand dunes, in all four seasons of the year. Combined, these products account for an estimated 42.2% of industry revenue. The products in this segment are typically priced higher than seasonal products for most makes and models since their utility is not limited to a particular season. Con...purchase to read more.

    Additional Insights for the ATV, Golf Cart & Snowmobile Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the ATV, Golf Cart & Snowmobile Manufacturing Industry are

  • Must comply with required product standards
  • Economies of scale
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Canadian effective exchange rate index and Leisure time in the ATV, Golf Cart & Snowmobile Manufacturing industry impact industry performance..

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    What's in this report

    What is the ATV, Golf Cart & Snowmobile Manufacturing Industry?

    This industry consists of businesses that manufacture all-terrain vehicles (ATVs), snowmobiles, golf carts, personal watercrafts (PWCs) or other transport equipment. It also includes businesses that manufacture equipment and parts for the transport equipment listed here.

    Industry Products
  • Seasonal products
  • Year-round products
  • Other parts and accessories
  • Engines and parts
  • Industry Activities
  • Manufacturing all-terrain vehicles (ATVs)
  • Manufacturing parts for ATVs
  • Manufacturing snowmobiles
  • Manufacturing golf carts
  • Manufacturing personal watercraft (PWC)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian effective exchange rate index
  • Leisure time
  • Per capita disposable income
  • World price of steel

  • Current Performance
  • The consumer landscape
  • Product development
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising competition mitigates growth
  • Consumer trends and industry structure
  • Table: ATV, Golf Cart & Snowmobile Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - ATV, Golf Cart & Snowmobile Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Motorcycle, Boat & ATV Dealers in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Engine & Turbine Manufacturing in Canada
  • Structural Metal Product Manufacturing in Canada
  • Tire Manufacturing in Canada
  • Wind Turbine Manufacturing in Canada

  • Products & Services
  • Year-round products
  • Seasonal products
  • Other parts and accessories
  • Engines and parts
  • Chart: ATV, Golf Cart & Snowmobile Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Retailers and distributors
  • Golf courses and parks
  • Exports
  • Ski and snow resorts
  • Chart: Major Market Segmentation for the ATV, Golf Cart & Snowmobile Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs ATV, Golf Cart & Snowmobile Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the ATV, Golf Cart & Snowmobile Manufacturing Industry

  • Industry Globalization
    Bombardier Recreational Products Inc.,
  • Table: Bombardier Recreational Products Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the ATV, Golf Cart & Snowmobile Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the ATV, Golf Cart & Snowmobile Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • New vehicle sales (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    All-Terrain Vehicles
  • A wheeled or tracked vehicle designed primarily for recreational use or for the transportation of property or equipment exclusively on unprepared surfaces.
  • Off-Road Vehicle
  • A vehicle that is designed to be used in rough country such as hills and deserts.
  • Personal Watercraft
  • A motorized recreational vehicle used on water.
  • What Our Customers Say

    Why buy this report?

    The ATV, Golf Cart & Snowmobile Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on ATV, Golf Cart & Snowmobile Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The ATV, Golf Cart & Snowmobile Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on ATV, Golf Cart & Snowmobile Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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