Press release
Global Trike Market Analysis To Grow At CAGR Of 13.87% Over period 2017-2021
Trikes are basically three-wheeled motorcycles, which are used for leisure and cruising. The three-wheeled motorcycle is also called as the trike. The concept of trike originated from the time automobile pioneer, Karl Benz, introduced his first modern car, the Benz Patent Motor Wagen, which had only three wheels. Trikes are compact and inexpensive. The first three-wheel car came after World War II when people looked for cheap transportation modes in Europe.
Technavios analysts forecast the global trike market to grow at a CAGR of 13.87% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global trike market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/volume and retrofit/aftermarket.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Trike Market 2017-2021, 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
Motor Trike
Roadsmith Trikes
Lehman Trikes
MTC Voyager
Tilting Motor Works
Market driver
Trikes offer better stability compared to conventional motorcycles
For a full, detailed list, view our report
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Market challenge
High pricing for trikes compared to traditional vehicles
For a full, detailed list, view our report
Market trend
Recurrence in concept of trikes
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Trike
Value chain analysis
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PART 05: Market landscape
Market overview
Trike engine
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Segmentation of global trike market by end-users
OEMs
Aftermarket
Custom-builders
PART 07: Market segmentation by product
Segmentation of global trike market by product
Delta trikes
Reverse trikes
PART 08: Geographical segmentation
Geographic segmentation of the trike market
Trike market in North America
Trike market in Europe
Trike market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Recurrence in concept of trikes
Propel the demand for trikes as an alternative in a strong passenger car market
Advancements into high performance trikes from normal trikes
PART 12: Vendor landscape
Competitive benchmarking
Prominent vendors in aftermarket
PART 13: Key vendor analysis
Harley-Davidson
Polaris Industries
Bombardier Recreational Products (BRP)
Campagna Motors
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