ATVs+2/3 Wheeler Market Growth 2019-2024
India, the most important two and three wheeler market, has overtaken China to emerge as the world's biggest market for two-wheelers continued its growth trend in 2016. The massive government spending in rural programmes and large road-construction projects is leading to a pick-up in volumes in smaller towns and villages.
The market in China has been on a decline over the past few years, perhaps due to the fast-paced growth in car sales there as well as the curbs on petrol two-wheelers in top cities. China instead recorded decreasing volumes in 2016, down by 12% compared to the previous year and ending the period with nearly 16.8 million units production. The China domestic two and three wheeler industry will continue to face rising labor costs, lower market demand, more stringent price competition between enterprises. Overall, the domestic part of the city's ban on two wheeler policy will limit the consumption of the domestic motorcycle industry, but the devaluation of the renminbi and the export tax rebate rate of the motorcycle exports have played a positive impact, the motorcycle industry is entering a slow adjustment period. We forecast that China two and three wheeler market will keep a -3.87% CAGR decrease in 2016-2023F.
According to this study, over the next five years the ATVs+2/3 Wheeler market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in ATVs+2/3 Wheeler business, shared in Chapter 3.
Global ATVs+2/3 Wheeler Market provides a basic overview of the markets including definitions, classifications, applications and industry chain structure. The ATVs+2/3 Wheeler Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
The ATVs+2/3 Wheeler report provides key statistics on the market status of the ATVs+2/3 Wheeler Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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The provincial analysis of the worldwide ATVs+2/3 Wheeler Industry splits the global market area into key areas that include both continents as well as specific countries which are currently shining in phrases of demand, volume or normal Trends.
Companies Mentioned are:
Honda ;Hero MotoCorp Ltd ;Bajaj Auto Ltd ;TVS Motor Company Ltd ;Yamaha ;Suzuki ;Jiangmen Grand River Group Co., Ltd. ;Loncin Holding Ltd. ;Lifan Industry (Group) Co., Ltd. ;Luoyang Northern Enterprises Group Co., Ltd. ;Guangzhou Dayang Motorcycle Co., Ltd. ;Zongshen Industrial Group Co., Ltd. ;Jianshe Industries (Group) Co., Ltd. ;Chongqing Yinxiang Motorcycle (Group) Co., Ltd. ;Wuyang-Honda Motors (Guangzhou) Co., Ltd. ;China Jialing Industrial Co., Ltd. ;Sundiro Honda Motorcycle Co., Ltd. ;Qianjiang Group Co., Ltd. ;Piaggio ;Kwang Yang (Kymco) ;Kawasaki ;Polaris ;Arctic Cat ;Can-Am
Global ATVs+2/3 Wheeler Market focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The ATVs+2/3 Wheeler industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross market ATVs+2/3 Wheeler.
The study objectives of this report are:
• To analyze and study the global ATVs+2/3 Wheeler capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
• Focuses on the key ATVs+2/3 Wheeler manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
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