Global Trike Market 2017-2021




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About Trike

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.

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:

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

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?

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