The Global Quadricycle Market Size is expected to reach USD 41.6 billion by 2030, at a CAGR of 9.36% during the forecast period 2021 to 2030. Quadricycle, also known as quadcycle or microcar, is a four-wheeled vehicle with a speed range of 45 to 100 kilometers per hour. More specifically, it could relate to an all-terrain vehicle, also known as a quad or quad bike. The first quadricycle automobile was powered by a steam engine and was known as a steam quadricycle. The term "quadricycle" is used to describe a vehicle that moves slowly.