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Snowmobile Market Share

Report ID: GMI6184
Published Date: Mar 2024
Report Format: PDF

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Snowmobile Market Share

BRP and Polaris held over 50% of the snowmobile industry share in 2023. Polaris, known for its iconic brands such as Polaris and Indian Motorcycle, maintains a leading position through continuous product development such as the company’s 2024 product range is enhanced with over 250 fresh components, clothing items & accessories, offering a broader array of choices for customization and personalization.

BRP, known for its Ski-Doo and Lynx brands, stands out for its engineering and commitment to performance. With a focus on delivering premium snowmobiles equipped with features, BRP remains a formidable competitor, driving market growth through its innovative designs and customer-centric approach.

Snowmobile Market Companies

Major companies operating in the snowmobile industry are:

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

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

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.

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

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.

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