Skip to main content

Europe Motorized Quadricycles Market Emerging Growth Analysis, Future Demand and Business Opportunities 2029

 According to a recent market intelligence by Persistence Market Research (PMR), the motorized quadricycles market in Europe was valued at ~US$ 400 Mn in 2014, and is expected to surpass ~US$ 500 Mn by the end of 2019. Europe’s motorized quadricycles market is set grow at a CAGR of ~5% between 2019 and 2029, and is estimated to reach a value of ~US$ 800 Mn by the end of 2029, as indicated by PMR’s report.

The study delivers key insights on the motorized quadricycles market, which includes the Europe industry analysis 2014 – 2018 and forecast 2019-2029. The report includes a detailed analysis of the motorized quadricycles market and contains an in-depth analysis for the subsequent ten years.

Lightweight Quadricycles Remain Sought-after

Thorough assessment of the market concludes that the motorized quadricycles market in Europe can be segmented into light quadricycles and heavy quadricycles. Light quadricycles are more popular among the young and elderly population of Europe owing to the lenient government regulations for light quadricycles driving license. A person only requires an AM category license to drive a light quadricycle. Furthermore, some of the heavy quadricycle models such as, Bajaj Qute, Renault TWIZY, etc. also gained traction in the Europe quadricycles market.

By analysis of the market on the basis of operation, the motorized quadricycles market will continue to see pronounced growth in adoption of conventional fuel owing to its several advantages over electric-powered quadricycles. A majority of the consumers in Europe prefer conventional fuel quadricycles over electric quadricycles, as they are more suitable for long distance travels and have economical price point.

Country-wise analysis of Europe’s motorized quadricycles market reveals that Spain will continue to reflect a significant growth potential for the motorized quadricycles market over the forecast period. However, France is expected to be a prominent region in the motorized quadricycles market owing to the presence of prominent quadricycle manufacturers in the country.

Competition Analysis: Europe Motorized Quadricycles Market

The motorized quadricycles market can be classified as a consolidated market owing to a limited number of quadricycle manufacturers in the region. Tier-wise assessment of the Europe’s motorized quadricycles market unleashes that the market challengers account for just about ~10% shares in the motorized quadricycles market revenues. On the other hand, prominent players in the motorized quadricycles market are adopting business expansion, product development, acquisition, and collaboration strategies in a bid to capture significant shares in the market.

  • In January 2019, Ligier Group introduced Next-generation DCI and progress engines for quadricycles to optimize its performance.
  • In January 2019, Ligier launched its brand-new CHIC JS50/JS50L range of vehicles, under the brand name Automobiles Ligier.
  • In 2017, Aixam Mega introduced its new e AIXAM range of quadricycles in the Italy market.

Some of the key players identified across the value chain of the global motorized quadricycles market includes Automobiles CHATENET, Ligier Group, Bajaj Auto Ltd., Estrima Srl, Tecno Meccanica Imola SpA, Aixam-Mega, Casalini Srl, and Bellier Automobiles. Among which Aixam-Mega, Ligier Group, Renault SA, and Casalini Srl are the prominent market players in the motorized quadricycles market in Europe with a significant market share.

For More Info @ https://www.persistencemarketresearch.com/market-research/europe-motorized-quadricycles-market.asp

The report on the motorized quadricycles market also offers key forecast and macroeconomic factors that are anticipated to drive the growth of the motorized quadricycles market. Furthermore, the report on the motorized quadricycles market also covers potential factors, which can restrain the market growth, along with the latest trends and potential opportunities in the market across the value chain.

Comments

Post a Comment

Popular posts from this blog

Medical Gloves Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The medical gloves market has witnessed significant growth and evolution, especially in recent years, due to the global healthcare challenges, including the COVID-19 pandemic. Medical gloves are crucial protective equipment used by healthcare professionals to prevent the transmission of infections, maintain hygiene standards, and ensure the safety of both patients and medical personnel. This market encompasses a wide range of glove types, including latex, nitrile, vinyl, and others, each with its unique features and applications. One of the key drivers of the medical gloves market is the increasing focus on infection prevention and control in healthcare settings. The heightened awareness of the importance of hand hygiene, especially in the wake of the pandemic, has led to a surge in demand for medical gloves worldwide. Healthcare facilities, including hospitals, clinics, and laboratories, require a steady and reliable supply of gloves to maintain safety protocols an...
Post a Comment
Read more

Sales of Commercial Aircraft Video Surveillance Systems to Decelerate in 2020 as COVID 19 Pandemic Takes its Toll on Global Market

  Market Introduction Future Market Insights, in its recent study on the  Commercial Aircraft Video Surveillance Systems market,  offers a detailed value-volume analysis of the Commercial Aircraft Video Surveillance Systems market on the basis of various segments such as product type, application, aircraft type, assembly and region. In terms of product type, cabin surveillance systems is projected to be a lucrative segment in terms of growth opportunities and are mostly being installed in the line fit assembly applications in the commercial aircraft video surveillance systems. To Get the Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5202 There has been significant growth in the number of freighter planes due to expanding e-commerce and pharmaceutical sectors and outperforming global trade growth. From a macroeconomic point of view, demand for commercial aircrafts is anticipated to more than double in the next two decade...
1 comment
Read more

Dural Graft Market Future Trends, Industry Size and Forecast to 2032

 The Dural Graft market is a dynamic and vital sector within the medical device industry, contributing significantly to the advancement of neurosurgery and the treatment of various neurological conditions. Dural grafts, also known as dural substitutes or patches, are crucial in repairing and reinforcing the dura mater, the protective membrane surrounding the brain and spinal cord. As of 2033, this market is experiencing substantial growth due to an increased demand for neurosurgical procedures and a surge in innovative technologies and materials. One of the key drivers of the Dural Graft market's growth is the rising incidence of neurological disorders and traumatic brain injuries. With an aging population and a greater understanding of neurological conditions, more individuals require neurosurgical interventions, driving up the demand for dural grafts. These grafts are instrumental in providing structural support and sealing cerebrospinal fluid leaks after surgerie...
Post a Comment
Read more