Off-Road Vehicles (ORVs) Market Size, Share, Trends, Growth Opportunity, and Forecast

The Global Off-Road Vehicles (ORVs) Market is expected to reach USD 24,041.4 million by 2027 from USD 14,882.4 million in 2021 at a healthy CAGR of 7.6% during the forecast period of 2022-2027. Off-road vehicles' demand is growing with the rising interest in recreational activities and outdoor adventures. Vehicles that can handle rugged terrains and provide a smooth off-road experience are high in demand.