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 2016-2020.

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Key regions
APAC
Europe
North America

Key vendors
Bombardier Recreational Products
Campagna Motors
Harley-Davidson
Polaris Industries

Other prominent vendors
Lehman Trikes
Motor Trike
MTC Voyager
Roadsmith Trikes
Tilting Motor Works

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Market driver
Rising numbers of baby boomers and women riders expanding market demand for trikes
For a full, detailed list, view our report

Market challenge
Higher initial price compared to traditional motorcycles
For a full, detailed list, view our report

Market trend
Rising backward (reverse) concept in trikes
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2020 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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