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Slingshot/3 Wheeled Motorcycle Market Trends

Report ID: GMI6659
Published Date: Sep 2023
Report Format: PDF

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Slingshot/3 Wheeled Motorcycle Market Trends

The increasing emphasis on fuel efficiency and reduced emissions is driving the slingshot/3 wheeled motorcycle industry growth, forcing manufacturers to develop more eco-friendly & efficient models. Stricter regulations and environmental consciousness are prompting consumers & businesses to opt for vehicles with better fuel economy and reduced emissions. This trend is propelling the adoption of innovative technologies such as hybrid & electric powertrains; this is driving market demand as the eco-conscious consumers are seeking vehicles that align with their sustainability goals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of slingshot/3 wheeled motorcycle reached USD 1.3 billion in 2022 and is set to expand at a CAGR of 3% between 2023 and 2032, backed by the rising demand for unique riding experience.

2. What is the revenue share held by recreational application in slingshot/3 wheeled motorcycle industry?

North America market accounted for a major share of over 55% in 2022, owing to the introduction of an online marketplace for vehicles including slingshot & 3-wheeled motorcycles.

The major industry players are BRP, Polaris, Harley Davidson, Piaggio, and Yamaha.