|
|
Article: Introduction of Innovative Features and Accessories Push Growth of Personal Motorized Recreational Vehicles in 2005.
- Article from:
- PR Newswire Europe
- Article date:
- December 5, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
PALO ALTO, California, December 5 /PRNewswire/ -- Motorized recreational vehicles are fun, entertaining and new developments in design, power and pricing have made them appealing to a greater proportion of the North American population. Observers of recreational products and activities believe that ATVing is the fastest growing recreational activity in North America today.
ATVs and electric powered recreational vehicles are growing at compound annual growth rates in excess of 5 percent between the base year of 2004 and 2011.
The majority of the products included in the personal motorized recreational vehicle market are in the development phase of the ...