Allied Market Research
Loading...
0
Upcoming Allied Market Research
2022
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

A14499
Pages: NA
Jan 2022 | 161 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Motorized Quadricycle Market

Request Now !

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

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  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:

Segments

Sub-segments

  Product

  • Light Quadricycle
  • Heavy Quadricycle

  Mode of Operation

  • Electric
  • Fuel Operated

  Type

  • Household
  • Commercial

  Price

  • Economic
  • Mid-Range
  • Premium

  End User

  • Golf
  • Leisure
  • Industrial
  • Others

 Region

  • 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
  • LAMEA
    • 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?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Motorized Quadricycle Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers