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(India.CityRegions.Com, March 27, 2017 ) 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 Source: Publisher 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. For more information about this report: http://www.reportsweb.com/global-trike-market-2016-2020 . Publisher's analysts forecast the global trike market to grow at a CAGR of 13.22% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global trike market for 2016-2020. To calculate market size, the report considers the unit sales of trikes across all regions.
The market is divided into the following segments based on geography: - APAC - Europe - North America
Publisher's report, Global Trike Market 2016-2020, 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
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001309786/sample .
Other prominent vendors - Lehman Trikes - Motor Trike - MTC Voyager - Roadsmith Trikes - Tilting Motor Works
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
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001309786/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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