About the Trike Market
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: Technavio
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.
Technavio’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
Technavio'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
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
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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Report coverage
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Value chain analysis
PART 05: Market landscape
• Market overview
• Trike engines
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-users
• Global trike market segmentation by end-users
• Global trike market by OEMs
• Global trike market by aftermarket
• Global trike market by custom-built trikes
PART 07: Market segmentation by trike type
• Global trike market segmentation by trike type
• Global trike market by delta trikes
• Global trike market by reverse trikes
PART 08: Geographical segmentation
• Segmentation of global trike market by geography
• Trike market in North America
• Trike market in Europe
• Trike market in APAC
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Market trends
PART 13: Vendor landscape
• Competitive benchmarking
• Prominent vendors in aftermarket
PART 14: Key vendor analysis
• Bombardier Recreational Products (BRP)
• Campagna Motors
• Harley-Davidson
• Polaris Industries
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Report coverage
Exhibit 02: Definitions of products and markets
Exhibit 03: Product offerings
Exhibit 04: Trike classification
Exhibit 05: Global heavyweight motorcycles in North America and Europe 2015-2020
Exhibit 06: Trike penetration among heavyweight motorcycles in North America and Europe market 2015-2020
Exhibit 07: Value chain analysis of trike market
Exhibit 08: Segmentation of trike market
Exhibit 09: Types of engines used by OEMs in trike market
Exhibit 10: Global trike market 2015-2020 (thousands of units)
Exhibit 11: End-users share in trike market 2015-2020
Exhibit 12: Five forces analysis
Exhibit 13: Segmentation of global trike market by end-users 2015 and 2020
Exhibit 14: Global trike market by end-users 2015-2020
Exhibit 15: Global trike market by OEMs 2015-2020 (thousands of units)
Exhibit 16: Harley-Davidson rider average age 1999-2013
Exhibit 17: Global trike market by aftermarket 2015-2020 (thousands of units)
Exhibit 18: Trike conversion kit components
Exhibit 19: Global trike market by custom-built trikes 2015-2020 (thousands of units)
Exhibit 20: Segmentation of global trike market by type 2015 and 2020
Exhibit 21: Global trike market by type 2015-2020
Exhibit 22: Global trike market by delta trikes 2015-2020 (thousands of units)
Exhibit 23: Global trike market by reverse trikes 2015-2020 (thousands of units)
Exhibit 24: Global trike market by geography 2015 and 2020
Exhibit 25: Global trike market by geography 2015-2020
Exhibit 26: Trike market in North America 2015-2020 (thousands of units)
Exhibit 27: End-users market share in North America 2015 and 2020
Exhibit 28: OEMs trike market in North America 2015-2020 (thousands of units)
Exhibit 29: Trike market by aftermarket in North America 2015-2020 (thousands of units)
Exhibit 30: Trike market by custom-built trikes in North America 2015-2020 (thousands of units)
Exhibit 31: Trike market in Europe 2015-2020 (thousands of units)
Exhibit 32: End-users market share in Europe 2015 and 2020
Exhibit 33: OEM trike market in Europe 2015-2020 (thousands of units)
Exhibit 34: Trike market by aftermarket in Europe 2015-2020 (thousands of units)
Exhibit 35: Trike market by custom-built trikes in Europe 2015-2020 (units)
Exhibit 36: Trike market in APAC 2015-2020 (thousands of units)
Exhibit 37: Top 10 cities in US in terms of traffic congestion 2015
Exhibit 38: Impact of drivers
Exhibit 39: Arbitrage opportunity in Harley-Davidson’s Tri Glide Ultra
Exhibit 40: Global trike vendors
Exhibit 41: Global market share of trike vendors 2015
Exhibit 42: Prominent vendors in aftermarket
Exhibit 43: Product portfolio
Exhibit 44: Recent developments
Exhibit 45: Trike market of Can-Am Spyder 2015 and 2020 (thousands of units)
Exhibit 46: Product portfolio
Exhibit 47: Recent developments
Exhibit 48: Trike market of Campagna Motors 2015 and 2020 (units)
Exhibit 49: Harley-Davidson: Business segmentation by revenue 2014 and 2015
Exhibit 50: Product portfolio
Exhibit 51: Recent developments
Exhibit 52: Trike market of Harley-Davidson 2015 and 2020 (thousands of units)
Exhibit 53: Product portfolio
Exhibit 54: Recent developments
Exhibit 55: Trike market of Polaris Slingshot 2015 and 2020 (thousands of units)
