(MENAFN- America News Hour) “A research report on Three-Wheeler Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.
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Global three-wheelers market exhibited a moderate growth during 2014-2018, with value market of over $ 19.4 billion in 2022, and is projected to exhibit a CAGR of 12.8%, to reach $ 39.9 billion by 2031. The growing demand for three-wheelers globally has been backed by their low price, easy manoeuvrability and efficient performance. Moreover, three-wheelers market is anticipated to become more promising, as companies are launching new models according to the customized specifications across different regions. Additionally, rising demand for transportation in regions like Asia-Pacific and Africa along with growing inclination towards last mile delivery of products would further propel growth in the market over the next five years.
Objective of the Study:
• To assess the demand-supply scenario of three-wheelers market, which covers sales, demand and supply of three-wheelers market globally.
• To analyze and forecast the market size of three-wheelers market.
• To classify and forecast global three-wheelers market based on vehicle type, fuel type, by company type and by region type.
• To identify the drivers and challenges for global three-wheelers market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global three-wheelers market.
• To conduct the pricing analysis for global three-wheelers market.
• To identify and analyze the profile of leading players involved in the manufacturing of three-wheelers.
Some of the major players operating in global three-wheelers market are Bajaj Auto Limited, Piaggio & C. S.p.A., Mahindra & Mahindra Limited, TVS Motor Company Limited, Scooters India Limited, Atul Auto Limited, ChongQing Zongshen Tricycle Manufacturing Co., Ltd. and Ningbo Dowedo International Trade Co., Ltd.
To perform the study, SDKI conducted primary as well as exhaustive secondary research. Initially, SDKI prepared an exhaustive list of three-wheelers distributors and dealers operating globally. Subsequently, SDKI conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, SDKI could include manufacturers which could not be identified due to the limitations of secondary research. SDKI analysed product offerings, distribution channels, and regional presence of all major three-wheelers companies across the globe.
SDKI calculated the market size for three-wheelers market using a bottom-up technique, wherein sales volume data of different vehicle type and fuel type, were recorded as well as forecast for the future years. SDKI sourced these value & volume from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size.
SDKI calculated the market size for global three-wheelers market using a bottom-up technique, wherein the value service data for different vehicle type (Passenger Carrier Vs. Load Carrier) were recorded as well as forecast for the future years. SDKI sourced these values from industry experts and company representatives, and externally validated through analysing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Society of Indian Automobile Manufacturers, China Association of Automobile Manufacturers (CAAM), company websites, company annual reports, white papers, investor presentations and financial reports were also studied by SDKI.
Key Target Audience:
• Governments and financial institutions
• End users of three-wheelers market
• Research organizations and consulting companies
• Research Institutes
• Associations, organizations, forums and alliances related to three-wheelers industry
• Three-wheelers distributors Companies
• Industry associations
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as three-wheelers manufacturers, dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, global three-wheelers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Vehicle Type:
o Passenger Carrier
o Load Carrier
• Market, by Fuel Type
o Petrol/CNG
o Diesel
o Electric
• Market, by Region:
o Asia-Pacific
o South America
o Africa
o Rest of World
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global three-wheelers market.
Available Customizations:
With the given market data, SDKI offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
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Table of Content 1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Three-Wheeler Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Vehicle Type (Passenger Carrier Vs. Load Carrier)
4.2.2. By Fuel Type (Petrol/CNG, Diesel, Electric)
4.2.3. By Company
4.2.4. By Region
4.3. Market Attractiveness Index (By Vehicle Type)
4.4. Market Attractiveness Index (By Fuel Type)
5. Pricing and Price Point Analysis
6. Product Portfolio
7. Voice of Customer
Get More Info: three-wheeler market
About SDKI :
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count ( SDKI ) provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.