Global Electric Trike Market to Grow at a CAGR of 13.22%, 2016-2020: Development of High Performance Electric Trike to Attract Sports Vehicle Enthusiasts Toward Electric Trike - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Electric Trike Market 2016-2020" report to their offering.

The global electric trikes market is to grow at a CAGR of 13.22% during the period 2016-2020. 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 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.

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

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by power output

Part 07: Market segmentation by trike type

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Market challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/378h4w/global_electric

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Bikes and Cycling Equipment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Bikes and Cycling Equipment