Snowmobile Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2

Snowmobiles, the unique market segment, recorded a healthy increase in their demand amid the pandemic. In terms of units, the snowmobile market grew by 7.7% in the year 2020 and is subjected to further flourish at a healthy CAGR of 4.3% over the next five years. In terms of value, the snowmobile market was estimated at US$ 2.1 billion in 2021 and is estimated to reach a value of US$ 2.9 billion in 2027.