Global Trike Market 2016-2020

Jul 4, 2016 - TechNavio - 81 pages - USD $2,500
Report Summary Table of Contents Companies Request Details Related
The global motorcycle industry consists of two categories of motorcycles based on the number of wheels:
  • Two-wheeled conventional motorcycles
  • Trikes with three wheels
The traditional two-wheeled motorcycle dominates the market because these machines are engineered with tested and proven mechanisms and offer significant mileage. Another type of vehicle is the trike. This vehicle was introduced during the last decade, but mostly focused on three-wheeled counterparts to motorized trikes. However, motorcycle trikes and scooter trikes remain in the nascent stage. Motorcycle trikes may gain traction during the forecast period. A trike can be classified into three broad categories:

The use of motorcycle trikes is increasing in step with the rising adoption of heavyweight motorcycles. The exhibit below depicts the growth of overall heavyweight motorcycles for mobility in North America and Europe, and depicts the increasing shift toward the widespread use of trikes in heavyweight motorcycles by 2020.

Technavio's analysts forecast the global trike market to grow at a CAGR of 13.22% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global trike market for 2016-2020. To calculate market size, the report considers the unit sales of trikes across all regions.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
Technavio's report, Global Trike Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bombardier Recreational Products
  • Campagna Motors
  • Harley-Davidson
  • Polaris Industries
Other prominent vendors
  • Lehman Trikes
  • Motor Trike
  • MTC Voyager
  • Roadsmith Trikes
  • Tilting Motor Works
Market driver
  • Rising numbers of baby boomers and women riders expanding market demand for trikes
  • For a full, detailed list, view our report
Market challenge
  • Higher initial price compared to traditional motorcycles
  • For a full, detailed list, view our report
Market trend
  • Rising backward (reverse) concept in trikes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.


Order Today!
FORMAT: PDF $2,500 USD
LICENSE: Single User
DELIVERY: By Email - 1 Business Day


The Fast Market Research Advantage
Only the Best
All of our research is sourced from the most trusted and established global analysts and consultancies

Client Focused
From start-ups to multinationals, we focus on providing the right research to our diverse client base

Shop Securely
Our US-based customer service team and eCommerce systems adhere to the highest data security standards

Industry-leading Customer Support
Individualized assistance from our expert staff is never more than an email or phone call away


BEST PRICE GUARANTEE
We are committed to providing the best research at the lowest cost. We will match any published price for the same report, guaranteed!

EASY ORDERING
Once you’ve found the right report, click ‘order now’ and complete the checkout process using any major credit card, check or wire/bank transfer.

Need multi-user or enterprise license pricing? Contact us for a custom quote!
MC, Visa, AMEX, Diners, Discovery, JCB

About the Publisher
TechNavio is a leading technology research and advisory company with a global coverage. They focus on emerging technology trends that can shape the market, identify and explain these trends to their customers to help them make better decisions.