Cfmoto Has Announced The Launch Of Its Electric Concept ATV To Expand Its Business In The Global All-Terrain Vehicle (ATV) Lighting Systems Market

 

A growing number of ATV racing events across the globe is driving the growth of the all-terrain vehicle (ATV) lighting systems market. For instance, MX sports have scheduled 10 ATV events for the year 2020. Such racing events are increasing the popularity of ATV bikes and are expected to drive market growth during the forecast period. The growing popularity of ATV across developing countries is again contributing to the growth of the market. For instance, in March 2019, Auto Sports India organized an ATV championship in three categories: Drag race, Solo Dirt Race, and Endurance Race in Goa.

Moreover, the growing focus of key players to introduce electric all-terrain vehicles is further projected to augment the growth of the all-terrain vehicle (ATV) lighting systems market. For instance, in December 2018, Ecocharger Company has announced the launch of electric ATV vehicle.

North America is expected to hold the global all-terrain vehicle (ATV) lighting systems market and this is attributed to the growing number of ATV events in recent years. For instance, according to CMI analysis, in Ontario, Canada, around 60 ATV events were held in the year 2019. Ontario is a province in Canada, which is popularly known for ATV events. Also, CGHSF Foundation organized an ATV event to raise funds for the new MRI machine in Owen Hospital in Ontario in September 2018.

1.      In December 2019, CFMoto has announced the launch of its electric concept ATV at the EICMA motorcycle show in Milan, Italy

2.      In April 2017, Yamaha Motor Pvt. Ltd. and French helmet maker, Shark Helmets launched a specially designed ATV racing helmet Shark-16

3.      In July 2020, AUSA has introduced the world to its five new machines, completing the manufacturer's extensive catalog of compact all-terrain vehicles

All-terrain vehicles, also referred to as a utility vehicle, a two-wheeled quad bike, or just a quad, as defined in the American National Standards Institute's definition; is a four-wheeled vehicle that travels with its front wheels in contact with the ground, and handlebars for control. All-terrain vehicles are great for people who enjoy the off-road experiences offered by off-road motorized racing competitions. These types of vehicles are great for any kind of terrain and are extremely versatile. Many models are able to travel on sand, mud, gravel, and other hard-packed surfaces. Most models can travel long distances without changing tires and are ideal for people who like to go off-road.

All-terrain vehicles come with many added features, including tow bars, a horn, and spoilers. This type of ATV is ideal for hunters who go on hunting trips, or for anyone who enjoys the rugged adventurous activities