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The Australia and New Zealand side-by-side UTVs market size reached nearly USD 101.01 Million in 2024. The market is projected to grow at a CAGR of 7.20% between 2025 and 2034 to reach a value of around USD 202.45 Million by 2034.
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Australia ATV and UTV Market was valued at USD 554.96 million in 2023 and is estimated to reach USD 980.12 million by 2030 with a CAGR of 7.7%
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The Australia side-by-side UTVs market size was valued at USD 91.17 Million in 2024. The market is further projected to grow at a CAGR of 6.90% between 2025 and 2034, reaching a value of USD 177.68 Million by 2034.
As of the third quarter of 2023, Polaris was the leading ATV and UTV brand in Australia with a market share of **** percent. The brand Can Am followed with a share of **** percent.
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The The United Kingdom, Australia, and New Zealand Side-By-Side UTVs report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.
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The Australia 4WD UTV Market is valued at USD 186.3 million in 2024, and expected to register a revenue of USD 301.9 million by 2030, with a CAGR of 7.7%.
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The global electric utility terrain vehicle (UTV) market size was valued at USD 30.8 million in 2023 and is projected to grow from USD 36.9 million in 2025 to USD 67.8 million by 2033, exhibiting a CAGR of 7.6% during the forecast period. Increasing adoption of electric UTVs for various applications, such as construction, agriculture, and recreation, is a major factor driving the market growth. Additionally, government initiatives to promote sustainable transportation and reduce carbon emissions further contribute to the market expansion. Key market players include John Deere, Polaris Inc., TUATARA VEHICLES, Volcon, Kaxa Motos, Milbay Australia, TRACKER OFF ROAD, and Vanderhall Motor Works Inc. The market is segmented based on application (utility, sports, recreation, and military) and type (work UTVs and recreational UTVs). North America holds a significant market share due to the high adoption of electric vehicles and the presence of major manufacturers in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period, driven by increasing urbanization and industrialization in the region.
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The Australia and New Zealand side-by-side UTVs market size reached nearly USD 101.01 Million in 2024. The market is projected to grow at a CAGR of 7.20% between 2025 and 2034 to reach a value of around USD 202.45 Million by 2034.