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Report Overview
The global motorized quadricycle market reached a value of approximately USD 21.34 Billion in 2025. The market is projected to grow at a CAGR of 6.50% between 2026 and 2035, reaching a value of around USD 40.06 Billion by 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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According to the HEV TCP annual report 2023, the total number of quadricycles produced as of December 31st, 2022, was 69,568.
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According to SIAM annual report 2021-2022, the number of quadricycles produced in the year was 4,061.
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In 2023, Bolt introduced Bajaj Qute rides in Johannesburg, offering cost-effective quadricycle trips with plans for broader expansion.
Leading Manufacturers in the Motorized Quadricycle Market
The companies are a provider of various vehicles including motorcycles, quadricycles, snowmobiles, and other vehicles for both professional and public usage.
Groupe Renault: Established in 1898 and is headquartered in Boulogne-Billancourt, France. The company produces and markets various vehicles, including cars, vans, and electric quadricycles catering to urban transportation demands.
Polaris Inc.: Founded in 1954 and is headquartered in Minnesota in the United States. It is an automotive manufacturing company which produces snowmobiles, motorcycles, and innovative products including sporting quadricycles.
Ligier Group: Established in 1968 and is headquartered in Abrest, France. The company is one of the largest suppliers of light quadricycles. Their vehicles meet the transportation needs of both professionals and the public.
Automobiles Chatenet: Established in 1984 and is headquartered in France. Automobiles CHATENET has established itself as a reputable automobile manufacturer, significantly enhancing the prestige of the license-free car and elevating its image.
Other global motorized quadricycle market key players are Tazzari GL Imola SPA among others.
Motorized Quadricycle Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 21.34 Billion in 2025.
The market is projected to grow at a CAGR of 6.50% between 2026 and 2035.
The revenue generated from the motorized quadricycle market is expected to reach USD 40.06 Billion in 2035.
The heightened deployment of motorized quadricycles across semi-urban and urban areas for transportation and leisure purposes, rising demand for motorized quadricycles in the commercial and industrial areas, and increasing affordability of motorized quadricycles are the major drivers of the market.
The key trends in the market include the technological upgradations, innovative products developments, increasing popularity of electric quadricycles, and rising use in golf.
The market is categorised according to the product, which includes light quadricycle and heavy quadricycle.
Based on the application, the market is divided into household, commercial, and others.
The market key players are Groupe Renault, Polaris Inc., Ligier Group, Automobiles Chatenet, and Tazzari GL Imola SPA, among others.
Based on the mode of operation, the market is divided into electric quadricycles, fuel-operated quadricycles, and others.
Based on the price, the market is divided into economic, mid-range, and premium.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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