Global Motorized Quadricycle Market, Size, Share to 2035

The Global Motorized Quadricycle Market is projected to grow from USD 0.97 billion in 2021 to USD 2.15 billion by 2030, exhibiting a CAGR of 11.9% during the forecast period. The key driver of the global motorized quadricycle market during the projected period is anticipated to be the increase in demand for reasonably priced personal transportation. The global market will expand as more people become aware that quadricycles are less expensive to buy and maintain than two-wheeled cars. The quadricycle, with a top speed of 45 to 100 kilometres per hour and a weight limit of 400 to 500 kilos, is expected to be a well-liked means of transportation. Over the course of the projected period, these factors are expected to fuel market expansion.