Trike Market by Product, Retail Channel and Geography- Forecast and Analysis 2023-2027

Published: Jul 2023 Pages: 161 SKU: IRTNTR70822

Trike Market Analysis Report 2023-2027

The trike market size is estimated to grow at a CAGR of 14.4% between 2022 and 2027. The market size is forecast to increase by USD 2,428.85 million. The growth of the market depends on several factors such as better stability in trikes when compared to conventional motorcycles, an increase in the number of older motorcyclists and women who prefer trikes, and growing traffic congestion spurring demand for trikes.

This trike market report extensively covers market segmentation by product (reverse trike and delta trike), retail channel (OEMs, aftermarket, and custom builders), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Trike Market During the Forecast Period?

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Trike Market: Key Drivers, Trends, and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Trike Market Driver

One of the key factors driving the trike market growth is the better stability in trikes when compared to conventional motorcycles. The main advantage of a three-wheeler motorcycle or trike is that it offers the rider high stability as the riser is not required to put the feet down while stopping. There is an increasing preference for reverse trikes over delta trikes among consumers as it offers better stability.

As a result, there is an increasing shift in high-performance trikes by several OEMs as it offers increased thrust, acceleration, and more safety compared to traditional vehicles. Additionally, there is a significant demand for trikes among consumers who have never ridden a motorcycle, especially in regions such as the US, Japan, and Europe where there is high utilization of cars over bikes. Hence, such factors are positively impacting the market, which in turn is driving the global trike market growth during the forecast period.

Key Trike Market Trends

A key factor shaping the trike market growth is the positioning of the trike as an alternative in countries with strong passenger car markets. Several OEMs in the market promote trikes under their motorcycle segment, as trikes are considered an extension of traditional motorcycles. Many prominent OEMs such as  Polaris Industries and Campagna Motors are promoting their trikes as a vehicle that offers the feel and experience of a motorcycle as well as a car.

Additionally, OEMs are increasingly revising their strategy and started seeking other mediums that are ideal for the adoption of trikes due to the stagnation in the motorcycle market in developed countries such as the US and Japan. Furthermore, the implementation of licensing policies in some countries has opened new opportunities for trike manufacturers and the aftermarket. This policy enables any driving license holders to ride trikes. Hence, such factors are positively impacting the market, which in turn is driving the global trike market growth during the forecast period.

Key Trike Market Challenge

The high price of trikes when compared to traditional motorcycles, is one of the key challenges hindering the trike market growth. The initial upfront cost for a trike is very high when compared to conventional motorcycles available in the market, which can significantly hamper the trike market. For instance, the price of Harley Davidson's Tri Glide Ultra trike is USD 33,499, which is very high when compared to the touring segment Street Glide and Ultra-Limited models, which are priced at USD 20,899 and USD 26,399.

As a result, it has resulted in a decline in the adoption of trikes and can fuel the demand for traditional motorcycles. Hence, increasing female adopters of trikes remain out of reach for Harley-Davidson, which can negatively impact the market. Hence, such factors are expected to hinder the global trike market during the forecast period.

Trike Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Trike Market Customer Landscape

Who are the Major Trike Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Arcimoto Inc: The company offers trikes such as FUV, Rapid Responder, Roadster, and more.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • AKO Technical
  • AZUB BIKE s.r.o.
  • Bombardier Recreational Products Inc.
  • Boss Hoss Cycles Inc.
  • Campagna Motors Inc.
  • CHAMPION TRIKES OF ARIZONA
  • Cheetah Trikes Inc.
  • HANNIGAN MOTORSPORTS
  • Harley Davidson Inc.
  • Motor Trike Inc.
  • Motorcycle Tour Conversions Inc.
  • Piaggio and C. Spa
  • Polaris Inc.
  • Qooder SA
  • Renegade Trike Corp.
  • Roadsmith Inc.
  • Tilting Motor Works Inc.
  • Van Raam Reha Bikes B.V.
  • Yamaha Motor Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Trike Market?

The reverse trike segment is estimated to witness significant growth during the forecast period. The reverse trike segment is launched by several prominent market players in the global trike market such as  BRP, Campagna Motors, and Polaris Industries. The main advantage of reverse trikes is that it offers more stability through better weight distribution, which, in turn, enables effective braking. The main consumer segment for these trikes includes older people, female riders, and beginner motorcycle riders. 

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The trikes segment was the largest segment and was valued at USD 1,005.68 million in 2017.  Additionally, there is an increasing demand for the reverse trikes segment from young enthusiastic consumers who are early adopters of new products as well as prefer long-distance driving. This segment is forecasted to grow at a higher rate than the delta trikes. One of the main purposes of the reverse trikes segment is to offer more stability while braking and cornering activities, which enables the riser to reduce the turn radius. Furthermore, there is a rising adoption and growing popularity of reverse trikes models such as the Can-Am Spyder and Polaris Slingshot reverse trikes. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the global trikes market during the forecast period.

Which are the Key Regions for the Trike Market?

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North America is estimated to contribute 64% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Some of the key countries in North America which are significantly contributing to the growth of the global trike market in North America are US and Canada. There is a rising demand for trikes in these countries due to an increase in the number of baby boomers and female motorcycle riders. One of the main factors which play a major role in the growth of the trikes market in North America when compared to other regions is its demographics. Besides the demographics, the presence of prominent companies as well as the rise of female riders is also fuelling the growth of the global trike market in North America. Hence, such factors are expected to drive the global trike market in the region during the forecast period.

In 2020, during the COVID-19 pandemic, the growth of the global trike market witnessed a significant slowdown due to the temporary closure of automobile manufacturing facilities resulting in a halt in production in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the resumption of operations in manufacturing units. Such factors are expected to drive the market during the forecast period.

Segment Overview

The trike market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Reverse trike
    • Delta trike
  • Retail Channel Outlook (USD Million, 2017 - 2027)
    • OEMs
    • Aftermarket
    • Custom builders
  • Geography Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Trike Market Scope

Report Coverage

Details

Page number

161

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 14.4%

Market growth 2023-2027

USD 2,428.85 million

Market structure

Fragmented

YoY growth 2022-2023(%)

26.01

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 64%

Key countries

US, Canada, China, UK, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AKO Technical, Arcimoto Inc., AZUB BIKE s.r.o., Bombardier Recreational Products Inc., Boss Hoss Cycles Inc., Campagna Motors Inc., CHAMPION TRIKES OF ARIZONA, Cheetah Trikes Inc., HANNIGAN MOTORSPORTS, Harley Davidson Inc., Motor Trike Inc., Motorcycle Tour Conversions Inc., Piaggio and C. Spa, Polaris Inc., Qooder SA, Renegade Trike Corp., Roadsmith Inc., Tilting Motor Works Inc., Van Raam Reha Bikes B.V., and Yamaha Motor Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Trike Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Retail Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global trike market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global trike market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Retail channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Retail channel Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Reverse trike - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Reverse trike - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Reverse trike - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Reverse trike - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Reverse trike - Year-over-year growth 2022-2027 (%)
    • 6.4 Delta trike - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Delta trike - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Delta trike - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Delta trike - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Delta trike - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Retail Channel

    • 7.1 Market segments
      • Exhibit 44: Chart on Retail Channel - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Retail Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Retail Channel
      • Exhibit 46: Chart on Comparison by Retail Channel
      • Exhibit 47: Data Table on Comparison by Retail Channel
    • 7.3 OEMs - Market size and forecast 2022-2027
      • Exhibit 48: Chart on OEMs - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on OEMs - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on OEMs - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on OEMs - Year-over-year growth 2022-2027 (%)
    • 7.4 Aftermarket - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Aftermarket - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
    • 7.5 Custom builders - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Custom builders - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Custom builders - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Custom builders - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Custom builders - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Retail Channel
      • Exhibit 60: Market opportunity by Retail Channel ($ million)
      • Exhibit 61: Data Table on Market opportunity by Retail Channel ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Canada - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Arcimoto Inc.
              • Exhibit 115: Arcimoto Inc. - Overview
              • Exhibit 116: Arcimoto Inc. - Product / Service
              • Exhibit 117: Arcimoto Inc. - Key offerings
            • 12.4 Bombardier Recreational Products Inc.
              • Exhibit 118: Bombardier Recreational Products Inc. - Overview
              • Exhibit 119: Bombardier Recreational Products Inc. - Business segments
              • Exhibit 120: Bombardier Recreational Products Inc. - Key offerings
              • Exhibit 121: Bombardier Recreational Products Inc. - Segment focus
            • 12.5 Boss Hoss Cycles Inc.
              • Exhibit 122: Boss Hoss Cycles Inc. - Overview
              • Exhibit 123: Boss Hoss Cycles Inc. - Product / Service
              • Exhibit 124: Boss Hoss Cycles Inc. - Key offerings
            • 12.6 Campagna Motors Inc.
              • Exhibit 125: Campagna Motors Inc. - Overview
              • Exhibit 126: Campagna Motors Inc. - Product / Service
              • Exhibit 127: Campagna Motors Inc. - Key offerings
            • 12.7 CHAMPION TRIKES OF ARIZONA
              • Exhibit 128: CHAMPION TRIKES OF ARIZONA - Overview
              • Exhibit 129: CHAMPION TRIKES OF ARIZONA - Product / Service
              • Exhibit 130: CHAMPION TRIKES OF ARIZONA - Key offerings
            • 12.8 Cheetah Trikes Inc.
              • Exhibit 131: Cheetah Trikes Inc. - Overview
              • Exhibit 132: Cheetah Trikes Inc. - Product / Service
              • Exhibit 133: Cheetah Trikes Inc. - Key offerings
            • 12.9 Harley Davidson Inc.
              • Exhibit 134: Harley Davidson Inc. - Overview
              • Exhibit 135: Harley Davidson Inc. - Business segments
              • Exhibit 136: Harley Davidson Inc. - Key news
              • Exhibit 137: Harley Davidson Inc. - Key offerings
              • Exhibit 138: Harley Davidson Inc. - Segment focus
            • 12.10 Motor Trike Inc.
              • Exhibit 139: Motor Trike Inc. - Overview
              • Exhibit 140: Motor Trike Inc. - Product / Service
              • Exhibit 141: Motor Trike Inc. - Key offerings
            • 12.11 Motorcycle Tour Conversions Inc.
              • Exhibit 142: Motorcycle Tour Conversions Inc. - Overview
              • Exhibit 143: Motorcycle Tour Conversions Inc. - Product / Service
              • Exhibit 144: Motorcycle Tour Conversions Inc. - Key offerings
            • 12.12 Piaggio and C. Spa
              • Exhibit 145: Piaggio and C. Spa - Overview
              • Exhibit 146: Piaggio and C. Spa - Business segments
              • Exhibit 147: Piaggio and C. Spa - Key offerings
              • Exhibit 148: Piaggio and C. Spa - Segment focus
            • 12.13 Polaris Inc.
              • Exhibit 149: Polaris Inc. - Overview
              • Exhibit 150: Polaris Inc. - Business segments
              • Exhibit 151: Polaris Inc. - Key offerings
              • Exhibit 152: Polaris Inc. - Segment focus
            • 12.14 Qooder SA
              • Exhibit 153: Qooder SA - Overview
              • Exhibit 154: Qooder SA - Product / Service
              • Exhibit 155: Qooder SA - Key offerings
            • 12.15 Roadsmith Inc.
              • Exhibit 156: Roadsmith Inc. - Overview
              • Exhibit 157: Roadsmith Inc. - Product / Service
              • Exhibit 158: Roadsmith Inc. - Key offerings
            • 12.16 Tilting Motor Works Inc.
              • Exhibit 159: Tilting Motor Works Inc. - Overview
              • Exhibit 160: Tilting Motor Works Inc. - Product / Service
              • Exhibit 161: Tilting Motor Works Inc. - Key offerings
            • 12.17 Yamaha Motor Co. Ltd.
              • Exhibit 162: Yamaha Motor Co. Ltd. - Overview
              • Exhibit 163: Yamaha Motor Co. Ltd. - Business segments
              • Exhibit 164: Yamaha Motor Co. Ltd. - Key offerings
              • Exhibit 165: Yamaha Motor Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              trike market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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