Latest news with #militaryApplications
Geek Wire
09-07-2025
- Business
- Geek Wire
Military tech giant Anduril lands in Bellevue, doubling footprint in Seattle region
(Anduril Photo) Anduril is expanding in the Seattle area with a new office in Bellevue, Wash. The defense tech giant leased 39,851 square feet at Skyline Tower through a sublease with Meta, according to a recent report from Broderick Group. A spokesperson with Anduril confirmed that the company is taking one floor, and is keeping its existing office in Seattle that opened in 2020. Anduril has about 375 employees in the Seattle region. The company, based in Southern California, just raised $2.5 billion to fuel development of its AI-powered hardware and software for military applications. It also recently partnered with Meta on a VR/AR project for the U.S. Army. Anduril is among more than 100 companies that have satellite offices in the Seattle region, tapping into the area's robust tech talent pool. Several other companies have opened new offices in Bellevue recently, including OpenAI, Shopify, Snowflake, and Zoom. Bellevue's Central Business District has a commercial office vacancy rate of 17%, according to Broderick — flat compared to last year, and up from 3.3% in 2019.
Yahoo
18-06-2025
- Automotive
- Yahoo
North America ATV & UTV Market Analysis Report 2025-2030: Investment Opportunities, Emerging Trends, Competitive Intelligence
Dublin, June 18, 2025 (GLOBE NEWSWIRE) -- The "North America ATV And UTV - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025-2030)" has been added to offering. The North America ATV and UTV market is projected to expand significantly, with its size estimated at USD 9.90 billion in 2025, reaching USD 14.41 billion by 2030, registering a CAGR of 7.8% over the forecast period. The increasing inclination towards adventure sports and recreational activities, coupled with rising demand in military applications, is driving this growth. Government initiatives to develop off-road trails are anticipated to enhance the recreational landscape, benefiting enthusiasts and impacting market dynamics positively. ATVs and UTVs are no longer limited to recreation. Their utility spans various industries such as agriculture, hunting, patrolling, and gardening. The United States is poised to lead the market, propelled by supportive governmental policies, new laws, and financial incentives aimed at fostering the sector's growth. Enhanced safety features due to stringent regulations are further boosting ATV popularity across the region. Sports Segment Witnessing Major Growth Interest in sports and recreational activities is a primary market driver. Manufacturers are innovating eco-friendly models to mitigate carbon emissions, potentially expanding the market for ATVs further. High-performance criteria for sporting ATVs and UTVs include lightweight construction for acceleration, stiffer suspensions for handling, and low centers of gravity for stability. They are prevalent in high-octane racing events such as dune, cross-country, and hill climbing races. Currently, four-stroke engines are more common than the once dominant two-stroke engines in sports ATVs. Professional racing circuits like the Grand National Cross-Country Series and ATV National Motocross Championship are platforms where such vehicles are showcased. Key players are enhancing recreational trail access to boost market penetration. For example, Yamaha's Outdoor Access Initiative (OAI) has surpassed USD 6 million in funding to improve and expand public land access for motorized recreation. The US sees rising ATV and UTV popularity due to increased off-road terrains, competitive racing events, and infrastructural development in recreational facilities. United States Expected to Dominate the Market The US market is buoyed by increasing recreational spending and off-road events. Youth interest in adventure and the diverse range of available models drive this demand. The military's expanded use of ATVs and UTVs for varied applications like troop and ammunition transport on rugged terrains is a significant market accelerator. Infrastructure expansion, like dedicated pathways in parks, is expected to further stimulate market growth by enhancing vehicle accessibility and consumer interest. Local initiatives are promoting ATV/UTV use for recreation. In 2023, Green Lake and Ankeny City introduced regulatory frameworks for vehicle route approvals, encouraging manufacturers to expand their presence. North America ATV and UTV Industry Overview The market is dominated by key players such as Polaris Industries Inc., American Honda Motor Co. Inc., BRP Inc., Arctic Cat, and Yamaha Motor Co. Ltd. Companies are strengthening their foothold through backward integration and diversifying portfolios with new models offering enhanced features. In July 2023, RJWC Powersports partnered with Kimpex to distribute high-performance ATV and UTV accessories, facilitating market entry into Canada. April 2023 saw Powerland Tachyon's introduction of an advanced ATV in the US market, featuring all-wheel drive and potent power outputs, priced at approximately USD 15,000 pre-tax. In March 2023, Yamaha Motor Corp. announced over USD 119,500 in funding for racers under the Yamaha BULU cRU program, broadening support for competitive racing. Key Topics Covered1 INTRODUCTION1.1 Study Assumptions1.2 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Drivers4.2 Market Restraints4.3 Industry Attractiveness - Porter's Five Forces Analysis5 MARKET SEGMENTATION (MARKET SIZE BY VALUE [USD])5.1 By Vehicle Type5.2 By Application5.3 By Fuel Type5.4 By Country6 COMPETITIVE LANDSCAPE6.1 Vendor Market Share6.2 Company Profiles7 MARKET OPPORTUNITIES AND FUTURE TRENDS8 ATV AND UTV BRANDS SPECIFICATION BY SELECTED BRANDSA selection of companies mentioned in this report includes, but is not limited to: American Honda Motor Co. Inc. Yamaha Motor Co. Ltd. Arctic Cat Inc. Kwang Yang Motor Co. Ltd. Polaris Industries Inc. BRP Inc. Suzuki Motor of America Inc. Kawasaki Heavy Industries Ltd. DRR USA Inc. Daymak Inc. Kubota Corporation Deere and Company For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
