Trike Market Present Scenario and Growth Prospects 2016-2020 Trike Market Present Scenario and Growth Prospects

Global Trike Market 2016-2020

Global Trike Market 2016-2020 is the latest addition to Sandlerresearch.org industry research reports
collection.
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:
1. Trike classification
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.
The analysts forecast Global Trike Market to grow at a CAGR of 13.22% during the period 2016-2020.
Covered in this Report
This report covers the present scenario and the growth prospects of the global Trike market for 20162020.
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Key regions
APAC
Europe
North America