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China ATV and UTV Market Set to reach USD 1.81 billion by 2030

China ATV and UTV Market Set to reach USD 1.81 billion by 2030

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According to Next Move Strategy Consulting, China ATV and UTV Market is predicted to reach USD 1.81 billion with a CAGR of 5.1% till 2030.

The increasing demand for ATV and UTV vehicles from the military sector within the country is a crucial factor driving the ATV and UTV market growth. The Chinese armed forces equipped their border troops with new JM ATVs, similar in design to the BAE Systems BvS10 Viking.

Access to off-road areas for recreational use or utility purposes may be restricted or limited in certain regions due to environmental regulations, land use policies.

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