Press release
Global Three-Wheel Passenger Carrier Market Analysis and Forecast of 2021 in terms of Value and Volume
Three-wheelers (3Ws) or three-wheel vehicles, as the name implies, contain one wheel at the front and two wheels at the rear end. 3Ws are mostly used for public transportation and for goods carriage for short to medium distances in regions where less public transport facilities, underdeveloped logistics operations, and low disposable incomes prevail. Developing and underdeveloped nations like India, China, other Asian countries, and some Latin American and African countries contribute the most to the global 3W market. The increase in the demand for 3Ws in these countries are owing to the cost-effective transportation they offer in areas where other options of transportations are inadequate.
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Technavios analysts forecast the global Three-Wheel Passenger Carrier market to grow at a CAGR of 7.78% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global three-wheel passenger carrier market for 2017-2021. To calculate the market size, the report considers the shipments of 3W PCs.
The market is divided into the following segments based on geography:
APAC
ROW
Technavio's report, Global Three-Wheel Passenger Carrier Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Atul Auto
Bajaj Auto
Mahindra and Mahindra
Piaggio
Qiangsheng Electric Tricycle Factory
Other prominent vendors
Chongqing Bajaj Auto Machinery
Scooters India
Terra Motors
TVS
Market driver
3W PC being the low-cost vehicle with lower maintenance costs
For a full, detailed list, view our report
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Market challenge
Increased adoption of four-wheel SPCVs for passenger transportation
For a full, detailed list, view our report
Market trend
Customization of 3W goods carriers for day-to-day applications
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Market overview
3W PC market in APAC
3W PC market in ROW
PART 07: Key leading countries
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Electric powertrain 3Ws
Customization of 3W goods carriers for day-to-day applications
PART 11: Vendor landscape
Quantitative benchmarking
Competitive benchmarking
Other prominent vendors
PART 12: Key vendor analysis
Atul Auto
Bajaj Auto
Mahindra and Mahindra
Piaggio
Qiangsheng Electric Tricycle Factory
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Classification of 3Ws by fuel type
Exhibit 02: Global 3W PC market landscape
Exhibit 03: Global 3W market by type of use
Exhibit 04: Global 3W PC market 2016-2021 (millions of units)
Exhibit 05: Five forces analysis
Exhibit 06: Global 3W PC market by vehicle propulsion type 2016
Exhibit 07: Global 3W PC market by vehicle propulsion type 2021
Exhibit 08: Global ICE-powered 3W PC market 2016- 2021 (thousands of units)
Exhibit 09: Global AP 3W PC market 2016- 2021 (thousands of units)
Exhibit 10: Global 3W PC market by geography 2016
Exhibit 11: Global 3W PC market by geography 2021
Exhibit 12: Global 3W PC market by geography 2016- 2021
Exhibit 13: APAC 3W PC market by countries 2016
Exhibit 14: APAC 3W PC market 2016- 2021 (millions of units)
Exhibit 15: Indian 3W market by type 2016
Exhibit 16: Indian 3W PC market 2016- 2021 (thousands of units)
Exhibit 17: Rest of APAC 3W PC market 2016- 2021 (unit sales in thousands)
Exhibit 18: ROW 3W PC market 2016- 2021 (millions of units)
Exhibit 19: Market share of key leading countries
Exhibit 20:W PCs in Indian metro cities 2015
Exhibit 21: Gas stations and NGV fuel stations across different countries 2015
Exhibit 22: Applications of 3Ws
Exhibit 23:W PC market in India by major players 2016
Exhibit 24: Quality benchmarking of the top vendors in the global 3W PC market
Exhibit 25: Other prominent vendors
Exhibit 26: Atul Auto: 3W product portfolio
Exhibit 27: Atul Auto: Recent developments
Exhibit 28: Bajaj Auto: 3W PC product portfolio
Exhibit 29: Bajaj Auto: Recent developments
Exhibit 30: Mahindra and Mahindra: 3W product portfolio
Exhibit 31: Mahindra and Mahindra: Recent developments
Exhibit 32: Piaggio: Business segmentation by revenue 2015
Exhibit 33: Piaggio: Geographical segmentation by revenue 2015
Exhibit 34: Piaggio: 3W product portfolio
Exhibit 35: Piaggio: Recent developments
Exhibit 36: Qiangsheng Electric Tricycle Factory: Product categories
Exhibit 37: Qiangsheng Electric Tricycle Factory: Product portfolio
Exhibit 38: Qiangsheng Electric Tricycle Factory: Recent developments
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