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Motorized Quadricycle Market

Motorized Quadricycle Market by Product (Light Quadricycle and Heavy Quadricycle), Mode of Operation (Electric and Fuel Operated), Type (Household and Commercial), Price (Economic, Mid-Range, and Premium), and End User (Golf, Leisure, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Motorized quadricycle is small & fuel efficient four wheeled vehicles used for local transportation in rural and urban areas. The vehicles are light in weight compared to conventional four-wheelers and emit low carbon into the environment. Moreover, it is available in a various size with a capacity to hold maximum four passengers including driver at one time. The speed range for light quadricycle is 45 km/hr & heavy quadricycle is 100 km/hr and it weighs up to 400 – 500 kg. These vehicles have become quite popular mode means of internal transportation amid high traffic congestions in developed cities. Furthermore, motorized quadricycle is an affordable option that requires low maintenance costs compared to two-wheelers. Also, compared to two-wheelers, quadricycle offers the added benefit of safety while driving and protection from extreme weather condition and also it is inexpensive than four-wheelers. In addition, currently the original equipment manufacturers are focusing on developing electric powered quadricycle due to the rise in pollution level.

Market Scope and Structure Analysis:

Report Metric


  Market size available for years


  Base year considered


  Forecast period


  Forecast units

  Value (USD)

  Segments covered

Product, Mode of Operation, Type, Price, End User, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Groupe Renault, Ingersoll Rand, Yogomo, Textron, Italcar Industrial S.r.l., Polaris Inc., Yamaha Golf-Car Company, Bajaj Auto, TECNO MECCANICA IMOLA SPA, and Aixam-Mega


COVID-19 Impact Analysis: 

Due to COVID-19 pandemic automobile market witnessed a downfall due to stringent lockdown imposed by the government of major countries. Thus, due to lockdown the manufacturing of motorized quadricycle has been halted. Moreover, due to economic slowdown there has been a drop in disposable income of people which affected the demand for motorized quadricycle. Furthermore, there was unavailability of raw material required for manufacturing of motorized quadricycle. Also, unavailability of labour further affected the manufacturing process. In addition, during COVID-19 a rise in sale of electric vehicles has been seen which is expected to drive the sales of electric quadricycle. COVID-19 had a negative impact on the sales of motorized quadricycle but post pandemic it is expected the rise in demand of motorized quadricycle will drive the growth of the market.

Top Impacting Factors 

  •  Rise in demand for electric quadricycles, rise in need for economical personal mode of transportation, and rise demand for fuel efficient vehicles is expected to drive growth of the market.
  •  However, lack passenger safety and motorized quadricycles not legalized in some countries can hamper growth of the market. 
  •  Moreover, rise in demand for lightweight vehicles, rise in demand for quadricycles, and rise in traffic congestion in major cities can act as an opportunity for growth of the market.

Market Trends

Rise in demand for quadricycles

The demand for quadricycles has been growing in recent years due to its increasing acceptance by public and governments along with varied applications. Since, these can be used instead of traditional vehicles and has proven to be profitable. Moreover, due to compact size, the quadricycles can be easily manoeuvred in the urban traffic and could address the worldwide problem of parking as they take up less space. For instance, in 2018, government of India approved quadricycles as a new category of vehicle to be allowed to run on Indian roads. The quadricycle will have a maximum weight of 475 kg, and before being launched, it has to go through a mandatory crash test that would determine the passenger safety standards. Thus, rise in demand of quadricycles can act as an opportunity for growth of motorized quadricycle market.

Rise in demand for electric quadricycles

The rise in demand for alternative fuel vehicles has fuelled the demand for electric vehicle. Moreover, to reduce crude oil consumption, automotive emissions, and air pollution, governments authorities across the world have adopted and implemented favourable policies which promote the use of electric vehicles. Thus, the increasing for electric vehicles will drive the demand for electric quadricycles. For instance, in 2019, United Kingdom-based start-up Electric Assisted

Vehicles Limited launched an eCargomodel, the EAVcab with a range of up to 60 miles. Furthermore, in 2020, automobile manufacturer Citroen introduced an electric light quadricycle named Ami. The vehicle price starts at $7100, and it has range of up to 44km with a speed of about 33 miles per hour. Therefore, rise in demand for electric quadricycle is expected to drive growth of motorized quadricycle market.

Key Segments Covered:




  • Light Quadricycle
  • Heavy Quadricycle

  Mode of Operation

  • Electric
  • Fuel Operated


  • Household
  • Commercial


  • Economic
  • Mid-Range
  • Premium

  End User

  • Golf
  • Leisure
  • Industrial
  • Others


  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa


Key Benefits of the Report:

  •  This study presents the analytical depiction of the motorized quadricycle market along with the current trends and future estimations to determine the imminent investment pockets.
  •  The report presents information related to key drivers, restraints, and opportunities along with challenges of the motorized quadricycle market.
  •  The current market is quantitatively analyzed from 2020 to 2030 to highlight motorized quadricycle market growth scenario.
  •  The report provides detailed motorized quadricycle market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the motorized quadricycle market research report:

  •  Which are the leading market players active in the motorized quadricycle market?
  •  What would be the detailed impact of COVID-19 on the market?
  •  What current trends would influence the market in the next few years?
  •  What are the driving factors, restraints, and opportunities in the motorized quadricycle market?
  •  What are the projections for the future that would help in taking further strategic steps?
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