Automotive Industry Report

According to the latest report by IMARC Group, titled  “ Quadricycle and Tricycle Market :   Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028 , ” The global quadricycle and tricycle market size reached US$ 6,729 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 12,250 Million by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028. A quadricycle is a four-wheeled vehicle and a tricycle is a three-wheeled cycle with one wheel at the front and two at the back. Both quadricycle and tricycle consist of chain drives, iron handlebars, leather belts, buggy, and rubber wheels. They are operated through pedals or powered using electric, solar, and gasoline energy sources. They help in coordination and muscle strength and reducing the risk of developing chronic diseases. Besides this, they occupy minimal road space, generate negligible emissions and assist in skipping traffic jams and commuting shorter distances at higher sp

According to the latest report by IMARC Group, titled  “ Water Scooter Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” offers a comprehensive analysis of the industry, which comprises insights on the water scooter market price . The global water scooter market reached a value of US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2027, exhibiting a CAGR of 9.5% during 2022-2027. A water scooter represents a recreational watercraft motor scooter that is used for movement and adventure activities on the sea and ocean coasts. Some of the commonly available variants in the market include deep propulsion vehicles (DPVs) and water jet bikes. They are generally operated via fuel or battery-powered systems. Jet bikes run over the water, and DPVs are utilized for deep-sea diving. They comprise a narrow platform for the feet, a handlebar, and a hydrofoil that is propelled in an upward and downward moti