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(I-AutoNewsWire.com, March 02, 2018 ) For More Business Insights on Power Sports Market 2018 Get Sample Report @ https://www.marketresearchfuture.com/sample_request/877
Key Automotive Alloy Wheels Companies Studied In this report are:
Honda Motor, Yamaha Motor, Polaris industries, Harley Davidson and Arctic Cat. Polaris are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Power Sports Market.
Power Sports Market Overview:
The power sports industry comprises recreational and utility oriented vehicles and is leisure and lifestyle based industry. The industry includes off-road Vehicles (ORVs), including all-terrain vehicles (ATVs) and side-by-side vehicles (SxS), snowmobiles, motorcycles, and personal water crafts (PWC).
Applications within the Power Sport Industry include motorcycles, UTVs, ATVs, snowmobiles, and personal water crafts (PWCs). The high-performance vehicles require high powered regulators and contactors which need to perform in a variety of harsh environments. Power sports products are designed to resist common environmental hazards such as moisture, dirt/debris, vibration/shock, and high operating temperatures. One of the characterizing components of any power sport is the utilization of a engine, some way or the other. With the increasing popularity the Power Sports segment is going to witness a significant growth in the forecasted period.
The major products used by this industry includes high current voltage regulators, sealed plastic contactors, and various electronic controls. The powersports is a subset of the generalized category of motorsports. The powersports are distinguished and defined from the other on the basis of use of engine.
The Powersports market is expected to increase due to increasing urban population, growth in global GDP per-capita, increasing global youth population, etc. The market faces some challenges such as, high cost of snowmobiles, prone to economic fluctuations and high susceptibility to weather conditions. Integration of audio entertainment, mobile phones and Go-Pro cameras in recreational off-road vehicles enhances driving experience. Also, connectively of integrated bluetooth headsets provides advance communication channels between riders. Touch screen dashboard monitors tracks and displays better vehicle diagnostics, display various navigation tools and can be effectively used with glove covered fingers.
Browse Full Report on Power Sports Market@ https://www.marketresearchfuture.com/reports/Power Sports-market-1889
The market is mainly concentrated in the region of North America (the US and Canada) and Europe in particular. North America led the global power sports market. In snowmobile vehicle segment, the North America region is the largest industry player owing to high demands in adventurous sporting. The sales of motorcycle and PWC segments significantly improved after the global economic recession in the region.
In the US, California Air Resources Board (CARB) governs the vehicle emission regulations to curb air pollution. This law states that all the All-Terrain Vehicles (ATV) must demonstrate efficient exhaust and vehicle emission control systems along with well stated CARB emission standards.
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