NEW YORK, Aug. 20, 2021 /PRNewswire/ — The trike market is projected to be worth USD 1.09 billion while decelerating at a CAGR of 11.97% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Various factors responsible for the trike market’s growth include better stability offered by trikes compared to conventional motorcycles, a rise in demand for trikes due to a surge in aged motorcyclists and female riders, and growth of traffic congestion. In addition, the surging construction of green data centers, the growing use of free cooling techniques, and rapidly rising infrastructure innovations are some of the prominent trends anticipated to influence the market’s growth positively in the forthcoming years. However, consolidation of data centers, surging incidences of data breaches, and rising carbon emissions are few factors that may impede the market to grow during the forecast period.
Trike Market 2021-2025: Segmentation
Trike Market is segmented as below:
- Product
- Reverse Trike
- Delta Trike
- Geography
- North America
- Europe
- APAC
- MEA
- South America
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Trike Market 2021-2025: Vendor Analysis and Scope
The trike market is fragmented, and the degree of fragmentation will decelerate. Some of these vendors include Arcimoto Inc., AZUB BIKE s.r.o., Bombardier Recreational Products Inc., Boss Hoss Motorcycles, Harley-Davidson Inc., KWANG YANG MOTOR Co. Ltd., Piaggio and C. Spa, Polaris Inc., Qooder SA, and Yamaha Motor Co. Ltd. To help businesses improve their market position and leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the trike market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
The report also covers the following areas:
- Trike Market size
- Trike Market trends
- Trike Market industry analysis
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Trike Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist trike market growth during the next five years
- Estimation of the trike market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the trike market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of trike market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Reverse trike – Market size and forecast 2020-2025
- Delta trike – Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Sales type
- Market segments
- Comparison by Sales type
- OEMs – Market size and forecast 2020-2025
- Aftermarket – Market size and forecast 2020-2025
- Custom builders – Market size and forecast 2020-2025
- Market opportunity by Sales type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Arcimoto Inc.
- AZUB BIKE s.r.o.
- Bombardier Recreational Products Inc.
- Boss Hoss Motorcycles
- Harley-Davidson Inc.
- KWANG YANG MOTOR Co. Ltd.
- Piaggio and C. Spa
- Polaris Inc.
- Qooder SA
- Yamaha Motor Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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