Companies in this category manufacture utility terrain vehicles (UTVs) designed for off-road adventures and work applications. Brands like Polaris, Arctic Cat, and Can-Am produce UTVs that are durable and versatile, making them suitable for recreational and utilitarian purposes, such as farming, hunting, and outdoor exploration.
*Disclaimer: List of key companies in no particular order
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October 2023- ARGO rolled out a new line of Pro and Commercial amphibious offroad vehicles at the recent Utility Expo, including its latest amphibious "Xtreme Terrain Vehicle," the Sasquatch XTX. Built to traverse land and water, the Sasquatch XTX is powered by a Doosan 3-cylinder, 1.8-liter turbo diesel engine coupled with the HDT Automatic e-Steer transmission, designed by parent company ODG. The ARGO Instant Torque Drive System (ITDS) provides low-end torque for smooth acceleration in any terrain, the company says. (To see the Sasquatch XTX in action, check out the video at the end of this article.) The Sasquatch XTX comes equipped with ARGO's all-new XT328 71-inch tires with a cupped-to-flat tread pattern for superior water propulsion, excellent grip for side-hilling, and extreme traction. The ARGO Terrain Control (ATC) tire inflation management system features five-valve independent cold-air inflation with an electronic pump, along with a one-touch preset button that allows operators to match tire inflation to the terrain. Operators can auto-inflate or deflate tires for optimal performance. Standard steel beadlock rings add strength to the wheel during low-pressure use, the company says.
October 2023- Gogoro, the leading industry player in the swappable batteries for light electric vehicles market, has just unveiled its new Gogoro CrossOver Smartscooter. The electric two-wheeler is the company's first entirely new platform of the year. Yet, it relies on the same network of over 1 million swappable batteries as Gogoro's other electric scooters. Unlike Gogoro's other electric scooter models, the Gogoro CrossOver Smartscooter prioritizes ruggedness and utility as its main advantage, featuring several task-oriented design features. The company describes the scooter as being designed "to be customized and personalized; CrossOver riders can also adapt its functions on the fly." It also features a more robust frame and higher ground clearance than previous Gogoro vehicles.
Top listed global companies in the industry are:
Utility Terrain Vehicle Market Highlights:
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