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Next Move Strategy Consulting

Unlocking Opportunities in the Military All-Terrain Vehicle (ATV) & Utility Terrain Vehicle (UTV) Market: In-Depth Report

Unlocking Opportunities in the Military All-Terrain Vehicle (ATV) & Utility Terrain Vehicle (UTV) Market: In-Depth Report

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According to the study by Next Move Strategy Consulting, the global Military All-Terrain Vehicle (ATV) & Utility Terrain Vehicle (UTV) Market size is predicted to reach USD 6.84 billion with a CAGR of 8.6% by 2030.

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The increasing government expenditure on military modernization fuels demand in the ATV & UTV market. As defense budgets grow, militaries prioritize versatile and agile vehicles for diverse operational needs.

Various players in the military ATV & UTV industry include Polaris Inc., BRP Inc., Honda Motor Co., Inc., Kawasaki Heavy Industries Ltd., Yamaha Motor Co. Ltd., Textron, Inc., CFMOTO, Deere & Company., KYMCO Group, Kubota Corporation, and others.

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