Global Electric Trike Market 2016-2020

  • ID: 4013310
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • Aprilia Magnet
  • Arcimoto
  • BMW
  • Electra Meccanica
  • Elio Motors
  • Piaggio
  • MORE
About Electric Trikes

The traditional two-wheeled motorcycle dominates the market because such machines are tested and proven mechanisms delivering mileage performance. Another type of vehicle is the trike, the three-wheeled motorcycle, which is known for its increased stability and safety of the rider. These motorcycles are equipped with advanced features to increase the driving pleasure and for better control, feel, and style. This type of motorcycle was introduced during the last decade. The motorcycle trikes and scooter trikes remain in their nascent stages. However, these trikes are expected to gain traction during the forecast period.

Analysts forecast the global electric trikes 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 electric trikes market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of electric trikes.

The Market is Divided into the Following Segments Based on Geography:
- APAC
- Europe
- North America

Global Electric 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:
- Piaggio
- Toyota Motor Corporation
- BMW
- Yamaha Motor Company

Other Prominent Vendors:
- Aprilia Magnet
- Arcimoto
- Electra Meccanica
- Elio Motors
- Sway Motorsports
- Torq
- Valene Motors

Market Drivers:
- Trikes offer more stability and convenience compared with traditional motorcycles
- For a full, detailed list, view the full report

Market challenges:
- Customers to rethink trike purchases because of non-standard vehicle category licensing in countries
- For a full, detailed list, view the full report

Market Trends:
- Development of high-performance electric trike to attract sports vehicle enthusiasts toward electric trike
- For a full, detailed list, view the full 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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aprilia Magnet
  • Arcimoto
  • BMW
  • Electra Meccanica
  • Elio Motors
  • Piaggio
  • MORE
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
  • Electric trike: Market dynamics
  • Value chain analysis
Part 05: Market landscape
  • Market overview
  • Electric vehicles charging technologies
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by power output
  • Global electric trike market segmentation by power output
  • Global electric trike market by low-powered trike
  • Global electric trike market by high-performance trike
Part 07: Market segmentation by trike type
  • Global electric trike market segmentation by trike type
  • Global electric trike market by reverse trike
  • Global electric trike market by delta trike
Part 08: Geographical segmentation
  • Segmentation of global electric trike market by geography
  • Electric trike market in Europe
  • Electric trike market in North America
  • Electric trike market in APAC
Part 09: Market drivers

Part 10: Market challenges

Part 11: Market trends

Part 12: Vendor landscape
  • Competitive benchmarking
  • Other prominent vendors
Part 13: Key vendor analysis
  • Piaggio
  • Toyota Motor Corporation
  • BMW
  • Yamaha Motor Company
Part 14: Appendix
  • List of abbreviations
Part 15: About the Author

List of Exhibits
Exhibit 01: Report coverage
Exhibit 02: Product offerings
Exhibit 03: Trike classification
Exhibit 04: Heavyweight motorcycles in North America and Europe 2015-2020 (millions of units)
Exhibit 05: Trike penetration in heavyweight motorcycles in North America and Europe markets 2015-2020
Exhibit 06: Trike categories based on powertrain
Exhibit 07: Value chain analysis of electric trike market
Exhibit 08: Segmentation of electric trike market
Exhibit 09: Types of electric vehicle charging technology
Exhibit 10: Global electric trike market 2015-2020 (thousands of units)
Exhibit 11: Five forces analysis
Exhibit 12: Segmentation of global electric trike market by power output 2015 and 2020
Exhibit 13: Global electric trike market by power output (2015-2020)
Exhibit 14: Global electric trike market by low powered trike 2015-2020 (thousands of units)
Exhibit 15: Global electric trike market by high-performance trike 2015-2020
Exhibit 16: Segmentation of global electric trike market by trike type 2015 and 2020
Exhibit 17: Global electric trike market by trike type 2015-2020
Exhibit 18: Global electric trike market by reverse trikes 2015-2020 (thousands of units)
Exhibit 19: Global electric trike market by delta trikes 2015-2020 (thousands of units)
Exhibit 20: Global electric trike market by geography 2015 and 2020
Exhibit 21: Global electric trike market by geography 2015-2020
Exhibit 22: Electric trike market in Europe 2015-2020 (thousands of units)
Exhibit 23: Electric trike market in North America 2015-2020 (thousands of units)
Exhibit 24: Electric trike market in APAC 2015-2020 (thousands of units)
Exhibit 25: Key drivers of global electric trike market
Exhibit 26: Top 10 cities in US for traffic congestion (2015)
Exhibit 27: Incentives by some states in US for EVs
Exhibit 28: Key challenges of the global electric trike market
Exhibit 29: Key trends of the global electric trike market
Exhibit 30: Architecture of electric trike

Exhibit 31: Other prominent vendors
Exhibit 32: Piaggio: Business segmentation by revenue 2015
Exhibit 33: Piaggio business: Geographical segmentation by revenue 2015
Exhibit 34: Piaggio: Product portfolio
Exhibit 35: Piaggio: Recent development
Exhibit 36: Toyota: Business segmentation by revenue 2015
Exhibit 37: Toyota business: Geographical segmentation by revenue 2015
Exhibit 38: Toyota: Product portfolio
Exhibit 39: Toyota: Recent development
Exhibit 40: BMW business: Geographical segmentation by revenue 2015
Exhibit 41: BMW: Product portfolio
Exhibit 42: BMW: Recent development
Exhibit 43: Yamaha: Business segmentation by revenue 2015
Exhibit 44: Yamaha business: Geographical segmentation by revenue 2015
Exhibit 45: Yamaha: Product portfolio
Exhibit 46: Yamaha: Recent development
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aprilia Magnet
  • Arcimoto
  • BMW
  • Electra Meccanica
  • Elio Motors
  • Piaggio
  • MORE
Global Electric Trikes Market 2016-2020

Key players in the global electric trikes market: Piaggio, Toyota Motor Corporation, BMW, and Yamaha Motor Company

Other Prominent Vendors in the market are: Aprilia Magnet, Arcimoto, Electra Meccanica, Elio Motors, Sway Motorsports, Torq, and Valene Motors

Commenting on the report, an analyst from the team said: “The development of high-performance trikes allowed the traveling enthusiasts to experience both motorcycle and car riding. Additionally, low powered trikes like Piaggio gave a comfortable ride to daily commuters. However, the cornering of these vehicles remained a challenge for the vendors as motorcycles lean during the cornering and that cannot be experienced by trike, and this led to the development of tilting trikes.”

According to the report, since electric trikes are powered and driven by battery-powered systems, the improvement in the battery technology is one of the most important factors for the global electric trike market. There have been several improvements in the technology of battery electric vehicles, making them more desirable to the consumer. For example, the advancement of Li-ion batteries has made them comparatively lightweight with a long lifespan compared with conventional lead-acid and VRLA batteries.

Further, the report states that purely electric motorcycles, which include the electric trike draw the energy for motion from the onboard Li-ion batteries. To keep the electric motorcycle running, the batteries require to be recharged frequently. The batteries installed in high-performance electric trike have a high-power rating, ranging from 12kWh to 50kW. Due to this, the growing number of electric motorcycles on the road create a challenge for the market if the supporting infrastructure is not maintained.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Piaggio
  • Toyota Motor Corporation
  • BMW
  • Yamaha Motor Company
  • Aprilia Magnet
  • Arcimoto
  • Electra Meccanica
  • Elio Motors
  • Sway Motorsports
  • Torq
  • Valene Motors
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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