LAMEA Power Sports Market Size, Share & Trends Analysis Report By Application (Off-Road, and On-Road), By Propulsion (Gasoline, Electric, and Diesel), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Power Sports Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Power Sports Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $846.9 million by 2030. The Argentina market is showcasing a CAGR of 9.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.2% during (2023 - 2030).

The market is subject to various trends that shape consumer preferences, drive innovation, and influence the industry’s trajectory. These trends reflect evolving societal values, technological advancements, and emerging market dynamics. One of the most significant trends in the market is the adoption of electric power trains. Automakers are investing in electric vehicles, including electric motorbikes, UTVs, ATVs, and personal watercraft, as worries over carbon emissions and environmental sustainability increase.

Furthermore, with the rise of urbanization and city congestion, there’s a growing demand for urban mobility solutions that offer alternatives to traditional transportation modes. Sports vehicles such as electric scooters, e-bikes, and compact motorcycles are emerging as popular choices for urban commuters seeking efficient, agile, and eco-friendly transportation options. Manufacturers are developing urban-oriented vehicles with compact designs, electric powertrains, and advanced connectivity features to address the needs of urban riders.

As tourism in Saudi Arabia grows, there will be a higher demand for recreational activities and attractions. Sports such as off-road driving, desert safaris, ATV tours, and jet skiing can become popular for tourists seeking adventure and excitement. According to the International Trade Administration (ITA), on the tourism front, Saudi Arabia plans to welcome over 100 million visitors annually by 2030. The Ministry of Tourism declared in October 2021 that it will invest $1 trillion in the industry over the following ten years. Therefore, the increasing tourism sector in the region is propelling the market’s growth.

Free Valuable Insights: The Worldwide Power Sports Market is Projected to reach USD 49.8 Billion by 2030, at a CAGR of 7.0%

Based on Application, the market is segmented into Off-Road, and On-Road. Based on Propulsion, the market is segmented into Gasoline, Electric, and Diesel. Based on Vehicle Type, the market is segmented into All-terrain Vehicles, Side By Side Vehicles, Personal Watercrafts, Heavy Weight Motorcycles, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Yamaha Motor Co., Ltd.
• Zhejiang CFMoto Power Co., Ltd.
• Bombardier Recreational Products (BRP) Inc.
• Kawasaki Heavy Industries, Ltd.
• Textron, Inc.
• Polaris, Inc.
• Suzuki Motor Corporation
• Honda Motor Co. Ltd.
• KTM AG (PIERER Mobility AG)
• Volkswagen AG

LAMEA Power Sports Market Report Segmentation

By Application

• Off-Road
• On-Road

By Propulsion

• Gasoline
• Electric
• Diesel

By Vehicle Type

• All-terrain Vehicles
• Side By Side Vehicles
• Personal Watercrafts
• Heavy Weight Motorcycles
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Power Sports Market, by Application
1.4.2 LAMEA Power Sports Market, by Propulsion
1.4.3 LAMEA Power Sports Market, by Vehicle Type
1.4.4 LAMEA Power Sports Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Jan – 2024, Feb) Leading Players
4.4 Porter’s Five Forces Analysis

Chapter 5. LAMEA Power Sports Market by Application
5.1 LAMEA Off-Road Market by Country
5.2 LAMEA On-Road Market by Country

Chapter 6. LAMEA Power Sports Market by Propulsion
6.1 LAMEA Gasoline Market by Country
6.2 LAMEA Electric Market by Country
6.3 LAMEA Diesel Market by Country

Chapter 7. LAMEA Power Sports Market by Vehicle Type
7.1 LAMEA All-terrain Vehicles Market by Country
7.2 LAMEA Side By Side Vehicles Market by Country
7.3 LAMEA Personal Watercrafts Market by Country
7.4 LAMEA Heavy Weight Motorcycles Market by Country
7.5 LAMEA Others Market by Country

Chapter 8. LAMEA Power Sports Market by Country
8.1 Brazil Power Sports Market
8.1.1 Brazil Power Sports Market by Application
8.1.2 Brazil Power Sports Market by Propulsion
8.1.3 Brazil Power Sports Market by Vehicle Type
8.2 Argentina Power Sports Market
8.2.1 Argentina Power Sports Market by Application
8.2.2 Argentina Power Sports Market by Propulsion
8.2.3 Argentina Power Sports Market by Vehicle Type
8.3 UAE Power Sports Market
8.3.1 UAE Power Sports Market by Application
8.3.2 UAE Power Sports Market by Propulsion
8.3.3 UAE Power Sports Market by Vehicle Type
8.4 Saudi Arabia Power Sports Market
8.4.1 Saudi Arabia Power Sports Market by Application
8.4.2 Saudi Arabia Power Sports Market by Propulsion
8.4.3 Saudi Arabia Power Sports Market by Vehicle Type
8.5 South Africa Power Sports Market
8.5.1 South Africa Power Sports Market by Application
8.5.2 South Africa Power Sports Market by Propulsion
8.5.3 South Africa Power Sports Market by Vehicle Type
8.6 Nigeria Power Sports Market
8.6.1 Nigeria Power Sports Market by Application
8.6.2 Nigeria Power Sports Market by Propulsion
8.6.3 Nigeria Power Sports Market by Vehicle Type
8.7 Rest of LAMEA Power Sports Market
8.7.1 Rest of LAMEA Power Sports Market by Application
8.7.2 Rest of LAMEA Power Sports Market by Propulsion
8.7.3 Rest of LAMEA Power Sports Market by Vehicle Type

Chapter 9. Company Profiles
9.1 Yamaha Motor Co., Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Zhejiang CFMoto Power Co., Ltd.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Product Launches and Product Expansions:
9.2.2.3 Acquisition and Mergers:
9.2.3 SWOT Analysis
9.3 Bombardier Recreational Products (BRP) Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Product Launches and Product Expansions:
9.3.4.2 Acquisition and Mergers:
9.3.5 SWOT Analysis
9.4 Kawasaki Heavy Industries, Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Textron, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Polaris, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Suzuki Motor Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Honda Motor Co. Ltd.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 KTM AG (PIERER Mobility AG)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Volkswagen AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis

TABLE 1 LAMEA Power Sports Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Power Sports Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Sports Market
TABLE 4 Product Launches And Product Expansions– Power Sports Market
TABLE 5 Acquisition and Mergers– Power Sports Market
TABLE 6 LAMEA Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 7 LAMEA Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 8 LAMEA Off-Road Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Off-Road Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA On-Road Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA On-Road Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 13 LAMEA Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 14 LAMEA Gasoline Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Gasoline Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Electric Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Electric Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Diesel Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Diesel Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 21 LAMEA Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 22 LAMEA All-terrain Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA All-terrain Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Side By Side Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Side By Side Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Personal Watercrafts Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Personal Watercrafts Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Heavy Weight Motorcycles Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Heavy Weight Motorcycles Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Power Sports Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Power Sports Market by Country, 2023 - 2030, USD Million
TABLE 34 Brazil Power Sports Market, 2019 - 2022, USD Million
TABLE 35 Brazil Power Sports Market, 2023 - 2030, USD Million
TABLE 36 Brazil Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 37 Brazil Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 38 Brazil Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 39 Brazil Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 40 Brazil Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 41 Brazil Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 42 Argentina Power Sports Market, 2019 - 2022, USD Million
TABLE 43 Argentina Power Sports Market, 2023 - 2030, USD Million
TABLE 44 Argentina Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 45 Argentina Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 46 Argentina Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 47 Argentina Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 48 Argentina Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 49 Argentina Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 50 UAE Power Sports Market, 2019 - 2022, USD Million
TABLE 51 UAE Power Sports Market, 2023 - 2030, USD Million
TABLE 52 UAE Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 53 UAE Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 54 UAE Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 55 UAE Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 56 UAE Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 57 UAE Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 58 Saudi Arabia Power Sports Market, 2019 - 2022, USD Million
TABLE 59 Saudi Arabia Power Sports Market, 2023 - 2030, USD Million
TABLE 60 Saudi Arabia Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 61 Saudi Arabia Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 66 South Africa Power Sports Market, 2019 - 2022, USD Million
TABLE 67 South Africa Power Sports Market, 2023 - 2030, USD Million
TABLE 68 South Africa Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 69 South Africa Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 70 South Africa Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 71 South Africa Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 72 South Africa Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 73 South Africa Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 74 Nigeria Power Sports Market, 2019 - 2022, USD Million
TABLE 75 Nigeria Power Sports Market, 2023 - 2030, USD Million
TABLE 76 Nigeria Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 77 Nigeria Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 78 Nigeria Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 79 Nigeria Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 80 Nigeria Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 81 Nigeria Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 82 Rest of LAMEA Power Sports Market, 2019 - 2022, USD Million
TABLE 83 Rest of LAMEA Power Sports Market, 2023 - 2030, USD Million
TABLE 84 Rest of LAMEA Power Sports Market by Application, 2019 - 2022, USD Million
TABLE 85 Rest of LAMEA Power Sports Market by Application, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA Power Sports Market by Propulsion, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA Power Sports Market by Propulsion, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA Power Sports Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA Power Sports Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 90 Key Information – Yamaha Motor Co., Ltd.
TABLE 91 Key information – Zhejiang CFMoto Power Co., Ltd.
TABLE 92 Key Information – Bombardier recreational products (brp) inc.
TABLE 93 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 94 Key Information – Textron, Inc.
TABLE 95 Key information – Polaris, Inc.
TABLE 96 Key information – Suzuki Motor Corporation
TABLE 97 key Information – Honda Motor Co. Ltd.
TABLE 98 Key Information – KTM AG
TABLE 99 key Information – Volkswagen AG

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Power Sports Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Power Sports Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions: 2022, Jan – 2024, Feb) Leading Players
FIG 7 Porter’s Five Forces Analysis – Power Sports Market
FIG 8 LAMEA Power Sports Market share by Application, 2022
FIG 9 LAMEA Power Sports Market share by Application, 2030
FIG 10 LAMEA Power Sports Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Power Sports Market share by Propulsion, 2022
FIG 12 LAMEA Power Sports Market share by Propulsion, 2030
FIG 13 LAMEA Power Sports Market by Propulsion, 2019 - 2030, USD Million
FIG 14 LAMEA Power Sports Market share by Vehicle Type, 2022
FIG 15 LAMEA Power Sports Market share by Vehicle Type, 2030
FIG 16 LAMEA Power Sports Market by Vehicle Type, 2019 - 2030, USD Million
FIG 17 LAMEA Power Sports Market share by Country, 2022
FIG 18 LAMEA Power Sports Market share by Country, 2030
FIG 19 LAMEA Power Sports Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Yamaha Motor Co., Ltd.
FIG 21 Recent strategies and developments: Zhejiang CFMoto Power Co., Ltd.
FIG 22 SWOT Analysis: Zhejiang CFMoto Power Co., Ltd.
FIG 23 SWOT Analysis: Bombardier Recreational Products (BRP) Inc.
FIG 24 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 25 SWOT Analysis: Textron, Inc.
FIG 26 SWOT Analysis: Polaris, Inc.
FIG 27 SWOT Analysis: Suzuki Motor Corporation
FIG 28 SWOT Analysis: Honda Motor Co. Ltd.
FIG 29 SWOT Analysis: KTM AG
FIG 30 SWOT Analysis: Volkswagen AG