DUBLIN December 27, 2017;The "Three-wheel Passenger Carrier - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.
The Global Three-Wheel Passenger Carrier Market is forecast to grow at a CAGR of 9.8% during the forecast period. 3W PC with the low-cost vehicle with less demand is a key driving factor for the growth of the market. Moreover, growing maintenance of four wheel SPCVs for passenger shipment is a major challenge for the growth of the market. Rising modification of 3W goods carriers in every day applications is new trend for growth of the market.
By propulsion type, ICE-powered 3Ws segment captured the largest share during the forecast period due to handling of gasoline, diesel, bio-diesel, and compressed natural gas/liquefied petroleum gas (CNG/LPG) to power the engine in emerging countries where the excessive income is less as to the emerging countries.
Some of the key players in Three-Wheel Passenger Carrier market include Atul Auto, Bajaj Auto, Mahindra and Mahindra, Piaggio, Qiangsheng Electric Tricycle, Scooters India, Terra Motors and TVS.
Application Covered:
- Urban and Rural Passenger Transport
- Family Use
- Other Applications
Propulsion Type Covered:
- Internal combustion engine (ICE-powered) 3Ws
- Alternative propulsion (AP) 3Ws
Companies Mentioned
- Bajaj Auto
- Piaggio
- Chongqing Bajaj Auto Machinery
- Terra Motors
- Scooters India
- Qiangsheng Electric Tricycle Factory
- Atul Auto
- TVS
- Mahindra and Mahind
Key Topics Covered:
1. Executive Summary
2. Preface
3. Market Trend Analysis
4. Porters Five Force Analysis
5. Global Three-Wheel Passenger Carrier Market, By Application
6. Global Three-Wheel Passenger Carrier Market, By Propulsion Type
7. Global Three-Wheel Passenger Carrier Market, By Geography
8. Key Developments
9. Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/q5g7pp/threewheel