Motorized Quadricycle Market By Type, By Propulsion Type, By End Use (Household, Commercial, Others ), By Price Range : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The report incorporates the study of the global motorized quadricycle market that focuses on the 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 different sizes 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 it is inexpensive than four-wheelers.

Currently, the original equipment manufacturers (OEMs) are focusing on developing electric powered quadricycle due to the rise in pollution level. For instance, in April 2022, Mahindra Electric Mobility Limited, part of the Mahindra Group, launched its wide range of electric vehicles at the Pune Alternate Fuel Conclave with the display of Treo auto, Treo Zor Delivery Van, Treo Tipper variant, e Alfa Mini Tipper variant, and Atom quadricycle. This is the first time that Atom is the only electric quadricycle in India.

Moreover, the market for motorized quadricycles has increased significantly in urban areas as a result of rising traffic congestion issues, rising demand for lightweight vehicles, fuel economy, and the desire for speedier commuting alternatives.

Similarly, increased demand for last-mile delivery options and growth in the investments by manufacturers to improve the vehicle's (quadricycle) technology regarding passenger safety & comfort foster the motorized quadricycle market. For instance, manufacturers are implementing technologically advanced features and components that are fuel-efficient, environment-friendly, and increase passengers' safety. Manufacturers are also equipping micro-cars (quadricycles) with high-end cameras, LiDAR, RADAR, and sensors. These high-end sensors and RADARs can perform even in extreme weather conditions.

For the purpose of analysis, the motorized quadricycle market is segmented on the basis of type, propulsion type, end use, price range, and region. By type, the market is divided into light quadricycle and heavy quadricycle. By propulsion type, it is fragmented into internal combustion engine (ICE) and electric. By end use, it is divided into household, commercial, and others (resorts, museums, and leisure). By price range, it is categorized into low, mid, and high. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The leading players operating in the motorized quadricycle market are Alke, Bajaj Auto Ltd., Goupil, Italcar Industrial S.r.l., LIGIER GROUP, Mahindra Electric Mobility Limited, Piaggio & C. SpA, Renault Group, Squad Mobility BV, and Yamaha Golf-Car Company.

KEY BENEFITS FOR STAKEHOLDERS

This study presents analytical depiction of the global motorized quadricycle market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall motorized quadricycle market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global motorized quadricycle market with a detailed impact analysis.
The current motorized quadricycle market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Price Range

Low
Mid
High

By Type

Light Quadricycle
Heavy Quadricycle

By Propulsion Type

ICE
Electric

By End Use

Household
Commercial
Others (resorts, museums, and leisure)

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Renault Group
- Italcar Industrial S.r.l.
- Bajaj Auto Ltd
- Piaggio & C. SpA
- Ligier Group
- Goupil
- Yamaha Golf-Car Company
- Alke
- Squad Mobility BV
- Mahindra Electric Mobility Limited

Product Code: A14499

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Market dynamics
- 3.4.1.Drivers
  - 3.4.1.1. Increasing demand for lightweight vehicles
  - 3.4.1.2. Rising traffic congestion
  - 3.4.1.3. Stringent governments rules and regulations
- 3.4.2.Restraints
  - 3.4.2.1. Low speed of motorized quadricycles
  - 3.4.2.2. Lack of passenger safety
- 3.4.3.Opportunities
  - 3.4.3.1. Rising popularity & demand for quadricycles among the elderly and young population
  - 3.4.3.2. Incorporation of cutting-edge technology in motorized quadricycles
3.5.COVID-19 Impact Analysis on the market

CHAPTER 4: MOTORIZED QUADRICYCLE MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2. Light Quadricycle
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
4.3. Heavy Quadricycle
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country

CHAPTER 5: MOTORIZED QUADRICYCLE MARKET, BY PROPULSION TYPE

5.1 Overview
- 5.1.1 Market size and forecast
5.2. ICE
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
5.3. Electric
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country

CHAPTER 6: MOTORIZED QUADRICYCLE MARKET, BY END USE

6.1 Overview
- 6.1.1 Market size and forecast
6.2. Household
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
6.3. Commercial
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
6.4. Others (resorts, museums, and leisure)
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country

CHAPTER 7: MOTORIZED QUADRICYCLE MARKET, BY PRICE RANGE

7.1 Overview
- 7.1.1 Market size and forecast
7.2. Low
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
7.3. Mid
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
7.4. High
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country

CHAPTER 8: MOTORIZED QUADRICYCLE MARKET, BY REGION

8.1 Overview
- 8.1.1 Market size and forecast
8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Type
- 8.2.3 North America Market size and forecast, by Propulsion Type
- 8.2.4 North America Market size and forecast, by End Use
- 8.2.5 North America Market size and forecast, by Price Range
- 8.2.6 North America Market size and forecast, by country
  - 8.2.6.1 U.S.
  - 8.2.6.1.1 Key market trends, growth factors and opportunities
  - 8.2.6.1.2 Market size and forecast, by Type
  - 8.2.6.1.3 Market size and forecast, by Propulsion Type
  - 8.2.6.1.4 Market size and forecast, by End Use
  - 8.2.6.1.5 Market size and forecast, by Price Range
  - 8.2.6.2 Canada
  - 8.2.6.2.1 Key market trends, growth factors and opportunities
  - 8.2.6.2.2 Market size and forecast, by Type
  - 8.2.6.2.3 Market size and forecast, by Propulsion Type
  - 8.2.6.2.4 Market size and forecast, by End Use
  - 8.2.6.2.5 Market size and forecast, by Price Range
  - 8.2.6.3 Mexico
  - 8.2.6.3.1 Key market trends, growth factors and opportunities
  - 8.2.6.3.2 Market size and forecast, by Type
  - 8.2.6.3.3 Market size and forecast, by Propulsion Type
  - 8.2.6.3.4 Market size and forecast, by End Use
  - 8.2.6.3.5 Market size and forecast, by Price Range
8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Type
- 8.3.3 Europe Market size and forecast, by Propulsion Type
- 8.3.4 Europe Market size and forecast, by End Use
- 8.3.5 Europe Market size and forecast, by Price Range
- 8.3.6 Europe Market size and forecast, by country
  - 8.3.6.1 UK
  - 8.3.6.1.1 Key market trends, growth factors and opportunities
  - 8.3.6.1.2 Market size and forecast, by Type
  - 8.3.6.1.3 Market size and forecast, by Propulsion Type
  - 8.3.6.1.4 Market size and forecast, by End Use
  - 8.3.6.1.5 Market size and forecast, by Price Range
  - 8.3.6.2 Germany
  - 8.3.6.2.1 Key market trends, growth factors and opportunities
  - 8.3.6.2.2 Market size and forecast, by Type
  - 8.3.6.2.3 Market size and forecast, by Propulsion Type
  - 8.3.6.2.4 Market size and forecast, by End Use
  - 8.3.6.2.5 Market size and forecast, by Price Range
  - 8.3.6.3 France
  - 8.3.6.3.1 Key market trends, growth factors and opportunities
  - 8.3.6.3.2 Market size and forecast, by Type
  - 8.3.6.3.3 Market size and forecast, by Propulsion Type
  - 8.3.6.3.4 Market size and forecast, by End Use
  - 8.3.6.3.5 Market size and forecast, by Price Range
  - 8.3.6.4 Italy
  - 8.3.6.4.1 Key market trends, growth factors and opportunities
  - 8.3.6.4.2 Market size and forecast, by Type
  - 8.3.6.4.3 Market size and forecast, by Propulsion Type
  - 8.3.6.4.4 Market size and forecast, by End Use
  - 8.3.6.4.5 Market size and forecast, by Price Range
  - 8.3.6.5 Spain
  - 8.3.6.5.1 Key market trends, growth factors and opportunities
  - 8.3.6.5.2 Market size and forecast, by Type
  - 8.3.6.5.3 Market size and forecast, by Propulsion Type
  - 8.3.6.5.4 Market size and forecast, by End Use
  - 8.3.6.5.5 Market size and forecast, by Price Range
  - 8.3.6.6 Rest of Europe
  - 8.3.6.6.1 Key market trends, growth factors and opportunities
  - 8.3.6.6.2 Market size and forecast, by Type
  - 8.3.6.6.3 Market size and forecast, by Propulsion Type
  - 8.3.6.6.4 Market size and forecast, by End Use
  - 8.3.6.6.5 Market size and forecast, by Price Range
8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Type
- 8.4.3 Asia-Pacific Market size and forecast, by Propulsion Type
- 8.4.4 Asia-Pacific Market size and forecast, by End Use
- 8.4.5 Asia-Pacific Market size and forecast, by Price Range
- 8.4.6 Asia-Pacific Market size and forecast, by country
  - 8.4.6.1 China
  - 8.4.6.1.1 Key market trends, growth factors and opportunities
  - 8.4.6.1.2 Market size and forecast, by Type
  - 8.4.6.1.3 Market size and forecast, by Propulsion Type
  - 8.4.6.1.4 Market size and forecast, by End Use
  - 8.4.6.1.5 Market size and forecast, by Price Range
  - 8.4.6.2 Japan
  - 8.4.6.2.1 Key market trends, growth factors and opportunities
  - 8.4.6.2.2 Market size and forecast, by Type
  - 8.4.6.2.3 Market size and forecast, by Propulsion Type
  - 8.4.6.2.4 Market size and forecast, by End Use
  - 8.4.6.2.5 Market size and forecast, by Price Range
  - 8.4.6.3 India
  - 8.4.6.3.1 Key market trends, growth factors and opportunities
  - 8.4.6.3.2 Market size and forecast, by Type
  - 8.4.6.3.3 Market size and forecast, by Propulsion Type
  - 8.4.6.3.4 Market size and forecast, by End Use
  - 8.4.6.3.5 Market size and forecast, by Price Range
  - 8.4.6.4 Australia
  - 8.4.6.4.1 Key market trends, growth factors and opportunities
  - 8.4.6.4.2 Market size and forecast, by Type
  - 8.4.6.4.3 Market size and forecast, by Propulsion Type
  - 8.4.6.4.4 Market size and forecast, by End Use
  - 8.4.6.4.5 Market size and forecast, by Price Range
  - 8.4.6.5 South Korea
  - 8.4.6.5.1 Key market trends, growth factors and opportunities
  - 8.4.6.5.2 Market size and forecast, by Type
  - 8.4.6.5.3 Market size and forecast, by Propulsion Type
  - 8.4.6.5.4 Market size and forecast, by End Use
  - 8.4.6.5.5 Market size and forecast, by Price Range
  - 8.4.6.6 Rest of Asia-Pacific
  - 8.4.6.6.1 Key market trends, growth factors and opportunities
  - 8.4.6.6.2 Market size and forecast, by Type
  - 8.4.6.6.3 Market size and forecast, by Propulsion Type
  - 8.4.6.6.4 Market size and forecast, by End Use
  - 8.4.6.6.5 Market size and forecast, by Price Range
8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Type
- 8.5.3 LAMEA Market size and forecast, by Propulsion Type
- 8.5.4 LAMEA Market size and forecast, by End Use
- 8.5.5 LAMEA Market size and forecast, by Price Range
- 8.5.6 LAMEA Market size and forecast, by country
  - 8.5.6.1 Latin America
  - 8.5.6.1.1 Key market trends, growth factors and opportunities
  - 8.5.6.1.2 Market size and forecast, by Type
  - 8.5.6.1.3 Market size and forecast, by Propulsion Type
  - 8.5.6.1.4 Market size and forecast, by End Use
  - 8.5.6.1.5 Market size and forecast, by Price Range
  - 8.5.6.2 Middle East
  - 8.5.6.2.1 Key market trends, growth factors and opportunities
  - 8.5.6.2.2 Market size and forecast, by Type
  - 8.5.6.2.3 Market size and forecast, by Propulsion Type
  - 8.5.6.2.4 Market size and forecast, by End Use
  - 8.5.6.2.5 Market size and forecast, by Price Range
  - 8.5.6.3 Africa
  - 8.5.6.3.1 Key market trends, growth factors and opportunities
  - 8.5.6.3.2 Market size and forecast, by Type
  - 8.5.6.3.3 Market size and forecast, by Propulsion Type
  - 8.5.6.3.4 Market size and forecast, by End Use
  - 8.5.6.3.5 Market size and forecast, by Price Range

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES

10.1 Renault Group
- 10.1.1 Company overview
- 10.1.2 Key Executives
- 10.1.3 Company snapshot
- 10.1.4 Operating business segments
- 10.1.5 Product portfolio
- 10.1.6 Business performance
- 10.1.7 Key strategic moves and developments
10.2 Italcar Industrial S.r.l.
- 10.2.1 Company overview
- 10.2.2 Key Executives
- 10.2.3 Company snapshot
- 10.2.4 Operating business segments
- 10.2.5 Product portfolio
- 10.2.6 Business performance
- 10.2.7 Key strategic moves and developments
10.3 Bajaj Auto Ltd
- 10.3.1 Company overview
- 10.3.2 Key Executives
- 10.3.3 Company snapshot
- 10.3.4 Operating business segments
- 10.3.5 Product portfolio
- 10.3.6 Business performance
- 10.3.7 Key strategic moves and developments
10.4 Piaggio & C. SpA
- 10.4.1 Company overview
- 10.4.2 Key Executives
- 10.4.3 Company snapshot
- 10.4.4 Operating business segments
- 10.4.5 Product portfolio
- 10.4.6 Business performance
- 10.4.7 Key strategic moves and developments
10.5 Ligier Group
- 10.5.1 Company overview
- 10.5.2 Key Executives
- 10.5.3 Company snapshot
- 10.5.4 Operating business segments
- 10.5.5 Product portfolio
- 10.5.6 Business performance
- 10.5.7 Key strategic moves and developments
10.6 Goupil
- 10.6.1 Company overview
- 10.6.2 Key Executives
- 10.6.3 Company snapshot
- 10.6.4 Operating business segments
- 10.6.5 Product portfolio
- 10.6.6 Business performance
- 10.6.7 Key strategic moves and developments
10.7 Yamaha Golf-Car Company
- 10.7.1 Company overview
- 10.7.2 Key Executives
- 10.7.3 Company snapshot
- 10.7.4 Operating business segments
- 10.7.5 Product portfolio
- 10.7.6 Business performance
- 10.7.7 Key strategic moves and developments
10.8 Alke
- 10.8.1 Company overview
- 10.8.2 Key Executives
- 10.8.3 Company snapshot
- 10.8.4 Operating business segments
- 10.8.5 Product portfolio
- 10.8.6 Business performance
- 10.8.7 Key strategic moves and developments
10.9 Squad Mobility BV
- 10.9.1 Company overview
- 10.9.2 Key Executives
- 10.9.3 Company snapshot
- 10.9.4 Operating business segments
- 10.9.5 Product portfolio
- 10.9.6 Business performance
- 10.9.7 Key strategic moves and developments
10.10 Mahindra Electric Mobility Limited
- 10.10.1 Company overview
- 10.10.2 Key Executives
- 10.10.3 Company snapshot
- 10.10.4 Operating business segments
- 10.10.5 Product portfolio
- 10.10.6 Business performance
- 10.10.7 Key strategic moves and developments