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The trike market is forecasted to grow by USD 13.39 billion during 2023-2028, accelerating at a CAGR of 39.06% during the forecast period. The report on the trike market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by better stability in trikes when compared to conventional motorcycles, increase in number of older motorcyclists and women who prefer trikes, and growing traffic congestion spurring demand for trikes.
The trike market is segmented as below:
By Product
- Reverse trike
- Delta trike
By Retail Channel
- OEMs
- Aftermarket
- Custom builders
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the trike market covers the following areas:
- Trike market sizing
- Trike market forecast
- Trike market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Retail Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global trike market: AKO Technical, Arcimoto Inc., AZUB BIKE s.r.o., Bombardier Recreational Products Inc., Boss Hoss Cycles Inc., Campagna Motors Inc., CHAMPION TRIKES OF ARIZONA, Cheetah Trikes Inc., HANNIGAN MOTORSPORTS, Harley Davidson Inc., Motor Trike Inc., Motorcycle Tour Conversions Inc., Piaggio and C. Spa, Polaris Inc., Qooder SA, Renegade Trike Corp., Roadsmith Inc., Tilting Motor Works Inc., Van Raam Reha Bikes B.V., and Yamaha Motor Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is frequent modification in concept of trikes."
According to the report, one of the major drivers for this market is the better stability in trikes when compared to conventional motorcycles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AKO Technical
- Arcimoto Inc.
- AZUB BIKE s.r.o.
- Bombardier Recreational Products Inc.
- Boss Hoss Cycles Inc.
- Campagna Motors Inc.
- CHAMPION TRIKES OF ARIZONA
- Cheetah Trikes Inc.
- HANNIGAN MOTORSPORTS
- Harley Davidson Inc.
- Motor Trike Inc.
- Motorcycle Tour Conversions Inc.
- Piaggio and C. Spa
- Polaris Inc.
- Qooder SA
- Renegade Trike Corp.
- Roadsmith Inc.
- Tilting Motor Works Inc.
- Van Raam Reha Bikes B.V.
- Yamaha Motor Co. Ltd.
