Press release
Electric Trike Global Market Research Methodology, Research Scope Forecast 2020
The traditional two-wheeled motorcycle dominates the market because such machines are tested and proven mechanisms delivering mileage performance. Another type of vehicle is the trike, the three-wheeled motorcycle, which is known for its increased stability and safety of the rider. These motorcycles are equipped with advanced features to increase the driving pleasure and for better control, feel, and style. This type of motorcycle was introduced during the last decade. The motorcycle trikes and scooter trikes remain in their nascent stages. However, these trikes are expected to gain traction during the forecast period.Publisher's analysts forecast the global electric trikes market to grow at a CAGR of 13.22% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global electric trikes market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of electric trikes.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
Publisher's report, Global Thoracic Surgery 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
- Piaggio
- Toyota Motor Corporation
- BMW
- Yamaha Motor Company
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Other prominent vendors
- Aprilia Magnet
- Arcimoto
- Electra Meccanica
- Elio Motors
- Sway Motorsports
- Torq
- Valene Motors
Market driver
- Trikes offer more stability and convenience compared with traditional motorcycles
- For a full, detailed list, view our report
Market challenge
- Customers to rethink trike purchases because of non-standard vehicle category licensing in countries
- For a full, detailed list, view our report
Market trend
- Development of high-performance electric trike to attract sports vehicle enthusiasts toward electric trike
- For a full, detailed list, view our report
For more information about this report: http://www.reportsweb.com/global-electric-trike-market-2016-2020
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