Global Motorized Quadricycle Market 2018-2022

Technavio’s market research analysts have predicted that the motorized quadricycle market will register a CAGR of more than 28% by 2022. This industry research report presents a detailed analysis of the motorized quadricycle market by the following applications: conventional fuel quadricycles and electric motorized quadricycles. The report also presents an analysis of the market’s growth across the Americas, APAC, and EMEA.

Global Motorized Quadricycle Industry Overview

A motorized quadricycle is an affordable option that requires low maintenance costs compared to two-wheelers. Two-wheelers were mainly viewed as the most economical mode of personal transport. Nevertheless, the introduction of motorized quadricycles offers the added benefit of protection apart from being inexpensive than four-wheelers. The rising need for low-cost modes of personal transportation drives the sales of motorized quadricycles in all regions. Motorized quadricycles offer a safer alternative to two-wheeler riders for commuting. Also, a motorized quadricycle offers increased weather protection by enclosing the occupants within a closed cabin. Furthermore, the small size and lower engine capacity of the motorized quadricycles has increased the fuel efficiency of the vehicle. Thus, increasing need for an economical personal mode of transportation will drive the motorized quadricycle industry market growth during the forecast period.

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Companies covered

The motorized quadricycle market is fragmented since the market has a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this motorized quadricycle industry analysis report will aid clients identify new growth opportunities and design new growth strategies.  

The report offers a complete analysis of motorized quadricycle manufacturers including:

• Bajaj Auto
• Ligier Group
• Mahindra & Mahindra
• Polaris Industries
• Renault
• TECNO MECCANICA IMOLA

Motorized quadricycle market growth based on geographic region:

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will contribute to the maximum growth of this motorized quadricycle market throughout the predicted period.

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Key highlights of the global motorized quadricycle market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the motorized quadricycle market during the next five years
• Precise estimation of the global motorized quadricycle market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the motorized quadricycle industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of motorized quadricycle companies

This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global motorized quadricycle market and its stakeholders over the forecast years. The global motorized quadricycle market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact motorized quadricycle market size till 2022.

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