Recreational off-Highway Vehicles (ROVs) Market Forecast: To Illustrate a Splendid 15.9% Value CAGR Between the Forecast Period 2018 and 2028
Growing spending on outdoor recreation, especially among millennials, continues to be a driving force for the off-highway recreational vehicles market, finds a new research study by Fact.MR. The market is likely to grow at a CAGR of nearly 16% through 2028, as a growing demographic of outdoor enthusiasts drives demand. The bullishness in the market can be offset by regulatory pressures concerning the threat to environment and rural communities.
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