Key vendors to explore four-wheel drive configuration to leverage the rise in demand for patrol AWDs
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global off-road high performance vehicle market in their latest research report. This report also lists four other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of the off-road high performance vehicles.
This Technavio report, under the automotive manufacturing vertical, is based on the synthesis, analysis, and interpretation of information about the off-road high performance vehicle market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global off-road high performance vehicle market is categorized by the presence of multiple players offering aftermarket conversion kits, and is highly fragmented in nature. The US has the largest number of aftermarket players owing to the high popularity of off-road conversations. Off-road Warehouse, based in California, US, has a large inventory of off-road products and offers various 4×4 performance products for pick-up trucks, jeeps, and other off-road vehicles including shockers, off-road lights, body building components, and off-road suspension kits.
“The adoption of AWD vehicles by government agencies has opened up a new customer base for off-road vehicles. Traditionally, police vehicles that were in operation were rear-wheel or front-wheel drive, but this has changed over the past few years. Automakers such as Chrysler, Ford, and GM now offer at least one police vehicle in an all-wheel of four-wheel drive configuration. The trend toward AWD patrol vehicles is gaining popularity as Chrysler and GM now offer their vehicles following initial introduction of the Ford Police interceptor sedan for the Department of Police,” says Siddharth Jaiswal, a lead analyst at Technavio for research on automotive manufacturing.
Top five vendors in the off-road high performance market space
Wildcat
Wildcat deals in modifying vehicles into racing and high-performance ATVs. The company works to create innovative and durable ATVs. The company successfully built consistent rally racing machines in the field of off-road racing while combining the characteristics of great performance and handling with the ability to extract the very best from the driver. It has achieved victories in the World’s most demanding Rally raids and cross-country championships, including record making success at Dakar, Taureg, and Pharoan rallies, making it a reliable and trusted name in the off-road industry.
Key products: Wildcat W1, V8 Defender, Wildcat 22, and LSV.
AEV Conversions
American Expedition Vehicles (AEV) Conversions manufactures the latest products in the four-wheel drive industry with emphasis on innovative designs in R&D. The company is experienced in providing the highest quality off-road accessories, especially for Jeep Wrangler. The engineers at AEV Conversions have worked closely with Jeep on both show cars and special edition versions such as the ‘Call of duty’ edition which is a complete built unit (CBU) from the factory with front and rear bumpers and a special version of stamped steel hood. All of the company’s products are designed and tested in Missoula, US.
Key products: JK wrangler and Ram trucks.
Zone Offroad
Zone Offroad provides quality off-road products at reasonable value in industry. The company is the engineering and manufacturing division of “Sport Truck” US. The company is all about competitive pricing, quality parts, fast shipping, and unmatched customer service. All Zone Offroad products are manufactured with premium materials and skilled workmanships with full 3D modeling to provide long lasting performance.
Key products: Body lift kits, Body lift parts, Close-outs, Levelling kits, Shock/coil-overs, and Suspension lift kits.
Icon Vehicle Dynamics
Icon vehicle dynamics is involved in the development of revolutionary performance suspension systems for off-road vehicles. The engineers start customization work once the desired outcome of the vehicle they are working on is determined. By concentrating on powers and their impact on the vehicles in movement (vehicle flow), engineers at Icon Vehicle Dynamics are able to figure out what sort of enhancements can be made. A lot of research and expertise is utilized to enhance the drivability of the vehicle, qualities, and changes that can be made to enhance the vehicle in certifiable circumstances. This help the architect at Icon vehicle progression making the most astounding quality and performing suspension items.
Key products: VS series shocks, Uniball upper control arms, Levelling kits, Hydraulic bumpstops, and Icon alloys.
Other prominent vendors in this market include 4 Wheel Parts, Extreme Offroad & Performance, Stylin Trucks, and Summit Racing Equipment.
A more detailed analysis is available in the Technavio report, Global Off-road High Performance Vehicle Market 2016-2020.Technavio also customizes reports by other regions and specific segments upon request.
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