Snowmobile Market Size - By Propulsion (Gasoline, Diesel, Electric), By Application (Utility, Sports, Recreation, Military) & Forecast, 2024 - 2032

The recreation application segment accounted for 38% market share in 2023, owing to the surge in investments aimed at enhancing travel and tourism.

Alpina Snowmobiles, Arctic Cat, Auburn Extreme Powersports, Aurora Powertrains, BRP, Glende Polaris Yamaha, Polaris, RumbleOn, Taiga Motors Inc., Tracks USA, and Yamaha.

North America market share was over 75% in 2023, due to the burgeoning popularity of outdoor winter sports in the region, with focus on innovation among manufacturers.

The market size of snowmobile reached USD 1.2 billion in 2023 and is set to witness 8% CAGR between 2024 and 2032, attributed to expanding recreational activities in snow-covered regions and rising interest in outdoor winter sports.