Global Motorized Quadricycle Market Size study & Forecast, by Price Range (Low, Mid, High) by Type (Light Quadricycle, Heavy Quadricycle) by Propulsion Type (ICE, Electric), by End Use (Household, Commercial, Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Motorized Quadricycle Market is valued at approximately USD 460.1 million in 2021 and is anticipated to grow with a healthy growth rate of more than 9.9% over the forecast period 2022-2029. A motorized quadricycle is a four-wheeled vehicle that is powered by an engine or electric motor. It is often used for transportation or recreation purposes and can be classified as a type of microcar. The Motorized Quadricycle market is expanding because of factors such as increasing demand for lightweight vehicles and rising traffic congestion.

Quadricycles can come in a variety of designs and styles, ranging from enclosed models with seats and seat belts to open-air designs that resemble a golf carts. Some quadricycles can reach speeds of up to 50 mph while others are designed for slower, more leisurely driving. Its prevalence has progressively increased during the last few decades. According to Statista, global light vehicle production is estimated at around 4.7 million passenger cars and light commercial vehicles will be produced in South America by 2024. Furthermore, in 2022, the auto industry in the United States sold approximately 13.75 million light vehicle units including retail sales of about 2.9 million passenger cars and 10.9 million of light trucks. Another important component of driving space increase is traffic congestion. According to Statista, Istanbul takes 62% longer than free-flow travel, making it the world's busiest urban sprawl as of 2021. Furthermore, in 2021, Mumbai's traffic level was 53%, more congested as it took 53% longer to go from one point to another than in a free flow situation. In comparison, the congestion level in Wellington and Singapore was 29% in 2021. Also, rising cutting-edge technology in motorized quadricycles and increasing government initiatives regarding vehicle safety would create a lucrative growth prospectus for the market over the forecast period. However, the lack of passenger safety stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Motorized Quadricycle Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market in terms of revenue, owing to the various government initiatives in adoption of environmentally friendly and compact vehicles to reduce traffic congestion on roads. According to Statista, EU registrations of electric quadricycles reached around 2,800 in 2019, among these Italy has recorded the highest number of electric quadricycles of about 623 in 2019, while registrations in Ireland increased by rate of 550%. Furthermore, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to the rising population, geographic expansion of key players, and active participation of government organizations in the market space.

Major market player included in this report are:

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

Recent Developments in the Market:

In Augutst 2021, Renault's Mobilize mobility services unit has launched a Chinese-built electric sedan called the Limo, for the purpose of ride-hailing and taxi services by the second half of year 2022. The Limo was manufactured under Renault's joint venture partner Jingliang Motors Group in China, where it is known as the EZoom Yi.

Global Motorized Quadricycle Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Price Range, Type, Propulsion Type, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Price Range:

Low
Mid
High

By Type:

Light Quadricycle
Heavy Quadricycle

By Propulsion: Type

ICE
Electric

By End Use:

Household
Commercial
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Motorized Quadricycle Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Motorized Quadricycle Market, by Price Range, 2019-2029 (USD Million)
- 1.2.3. Motorized Quadricycle Market, by Type, 2019-2029 (USD Million)
- 1.2.4. Motorized Quadricycle Market, by Propulsion Type, 2019-2029 (USD Million)
- 1.2.5. Motorized Quadricycle Market, by End Use, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Motorized Quadricycle Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Motorized Quadricycle Market Dynamics

3.1. Motorized Quadricycle Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for lightweight vehicles
  - 3.1.1.2. Rising traffic congestion
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of passenger safety
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising cutting-edge technology in motorized quadricycles
  - 3.1.3.2. Rising government initiatives regarding vehicle safety

Chapter 4. Global Motorized Quadricycle Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Motorized Quadricycle Market, by Price Range

6.1. Market Snapshot
6.2. Global Motorized Quadricycle Market by Price Range, Performance - Potential Analysis
6.3. Global Motorized Quadricycle Market Estimates & Forecasts by Price Range 2019-2029 (USD Million)
6.4. Motorized Quadricycle Market, Sub Segment Analysis
- 6.4.1. Low
- 6.4.2. Mid
- 6.4.3. High

Chapter 7. Global Motorized Quadricycle Market, by Type

7.1. Market Snapshot
7.2. Global Motorized Quadricycle Market by Type, Performance - Potential Analysis
7.3. Global Motorized Quadricycle Market Estimates & Forecasts by Type 2019-2029 (USD Million)
7.4. Motorized Quadricycle Market, Sub Segment Analysis
- 7.4.1. Light Quadricycle
- 7.4.2. Heavy Quadricycle

Chapter 8. Global Motorized Quadricycle Market, by Propulsion Type

8.1. Market Snapshot
8.2. Global Motorized Quadricycle Market by Propulsion Type, Performance - Potential Analysis
8.3. Global Motorized Quadricycle Market Estimates & Forecasts by Propulsion Type 2019-2029 (USD Million)
8.4. Motorized Quadricycle Market, Sub Segment Analysis
- 8.4.1. ICE
- 8.4.2. Electric

Chapter 9. Global Motorized Quadricycle Market, by End Use

9.1. Market Snapshot
9.2. Global Motorized Quadricycle Market by End Use, Performance - Potential Analysis
9.3. Global Motorized Quadricycle Market Estimates & Forecasts by End Use 2019-2029 (USD Million)
9.4. Motorized Quadricycle Market, Sub Segment Analysis
- 9.4.1. Household
- 9.4.2. Commercial
- 9.4.3. Others

Chapter 10. Global Motorized Quadricycle Market, Regional Analysis

10.1. Motorized Quadricycle Market, Regional Market Snapshot
10.2. North America Motorized Quadricycle Market
- 10.2.1. U.S. Motorized Quadricycle Market
  - 10.2.1.1. Price Range breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Propulsion Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End Use breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Motorized Quadricycle Market
10.3. Europe Motorized Quadricycle Market Snapshot
- 10.3.1. U.K. Motorized Quadricycle Market
- 10.3.2. Germany Motorized Quadricycle Market
- 10.3.3. France Motorized Quadricycle Market
- 10.3.4. Spain Motorized Quadricycle Market
- 10.3.5. Italy Motorized Quadricycle Market
- 10.3.6. Rest of Europe Motorized Quadricycle Market
10.4. Asia-Pacific Motorized Quadricycle Market Snapshot
- 10.4.1. China Motorized Quadricycle Market
- 10.4.2. India Motorized Quadricycle Market
- 10.4.3. Japan Motorized Quadricycle Market
- 10.4.4. Australia Motorized Quadricycle Market
- 10.4.5. South Korea Motorized Quadricycle Market
- 10.4.6. Rest of Asia Pacific Motorized Quadricycle Market
10.5. Latin America Motorized Quadricycle Market Snapshot
- 10.5.1. Brazil Motorized Quadricycle Market
- 10.5.2. Mexico Motorized Quadricycle Market
- 10.5.3. Rest of Latin America Motorized Quadricycle Market
10.6. Rest of The World Motorized Quadricycle Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Renault Group
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Italcar Industrial S.r.l.,
- 11.2.3. Bajaj Auto Ltd,
- 11.2.4. Piaggio & C. SpA,
- 11.2.5. Ligier Group,
- 11.2.6. Goupil,
- 11.2.7. Yamaha Golf-Car Company,
- 11.2.8. Alke,
- 11.2.9. Squad Mobility BV,
- 11.2.10. Mahindra Electric Mobility Limited

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Motorized Quadricycle Market, report scope
TABLE 2. Global Motorized Quadricycle Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Motorized Quadricycle Market estimates & forecasts by Price Range 2019-2029 (USD Million)
TABLE 4. Global Motorized Quadricycle Market estimates & forecasts by Type 2019-2029 (USD Million)
TABLE 5. Global Motorized Quadricycle Market estimates & forecasts by Propulsion Type 2019-2029 (USD Million)
TABLE 6. Global Motorized Quadricycle Market estimates & forecasts by End Use 2019-2029 (USD Million)
TABLE 7. Global Motorized Quadricycle Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Motorized Quadricycle Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Motorized Quadricycle Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Motorized Quadricycle Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Motorized Quadricycle Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Motorized Quadricycle Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Motorized Quadricycle Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Motorized Quadricycle Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Motorized Quadricycle Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Motorized Quadricycle Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Motorized Quadricycle Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Motorized Quadricycle Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Motorized Quadricycle Market
TABLE 72. List of primary sources, used in the study of global Motorized Quadricycle Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Motorized Quadricycle Market, research methodology
FIG 2. Global Motorized Quadricycle Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Motorized Quadricycle Market, key trends 2021
FIG 5. Global Motorized Quadricycle Market, growth prospects 2022-2029
FIG 6. Global Motorized Quadricycle Market, porters 5 force model
FIG 7. Global Motorized Quadricycle Market, pest analysis
FIG 8. Global Motorized Quadricycle Market, value chain analysis
FIG 9. Global Motorized Quadricycle Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Motorized Quadricycle Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Motorized Quadricycle Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Motorized Quadricycle Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Motorized Quadricycle Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Motorized Quadricycle Market, regional snapshot 2019 & 2029
FIG 15. North America Motorized Quadricycle Market 2019 & 2029 (USD Million)
FIG 16. Europe Motorized Quadricycle Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Motorized Quadricycle Market 2019 & 2029 (USD Million)
FIG 18. Latin America Motorized Quadricycle Market 2019 & 2029 (USD Million)
FIG 19. Global Motorized Quadricycle Market, company Market share analysis (2021)