Utility Terrain Vehicle Market Growth Prospects 2022–2032 Across Less than 400 CC and Above 800 CC Segments
According to a new report published by Allied Market Research, titled, “Utility Terrain Vehicle Market," The utility terrain vehicle market was valued at $1 billion in 2022, and is estimated to reach $1.8 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032.
UTVs are designed for a wide range of applications. They can be used for work purposes on farms, ranches, construction sites, and other outdoor job sites. Additionally, UTVs are popular for recreational activities such as...