Global Three-Wheel Passenger Carrier Market 2017-2021

  • ID: 4268174
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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until May 31st 2018
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FEATURED COMPANIES

  • Atul Auto
  • Bajaj Auto
  • Mahindra
  • Mahindra
  • Piaggio
  • Scooters India
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Three-Wheel Passenger Carrier
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.

The 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

The 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 drivers
- 3W PC being the low-cost vehicle with lower maintenance costs
- For a full, detailed list, view the full report

Market challenges
- Increased adoption of four-wheel SPCVs for passenger transportation
- For a full, detailed list, view the full report

Market trends
- Customization of 3W goods carriers for day-to-day applications
- For a full, detailed list, view the full 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Atul Auto
  • Bajaj Auto
  • Mahindra
  • Mahindra
  • Piaggio
  • Scooters India
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

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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FEATURED COMPANIES

  • Atul Auto
  • Bajaj Auto
  • Mahindra
  • Mahindra
  • Piaggio
  • Scooters India
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Three-Wheel Passenger Carrier Market 2017-2021

The author of the report recognizes the following companies as the key players in the global three-wheel passenger carrier market: Atul Auto, Bajaj Auto, Mahindra and Mahindra, Piaggio, and Qiangsheng Electric Tricycle Factory.

Other Prominent Vendors in the market are: Chongqing Bajaj Auto Machinery, Scooters India, Terra Motors, and TVS.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is customization of 3W goods carriers for day-to-day applications. Major players such as Atul Auto and Piaggio together with many aftermarket commercial vehicle modification firms are driving a trend in the 3W market by customizing 3W goods carriers as an affordable option in day-to-day applications. To make 3Ws more efficient in these applications, manufacturers are modifying engines and hydraulic systems. They have been producing hydraulic pumps that are more efficient and provide more output with the given engine and horsepower. With the use of different attachments, 3Ws can be used for various processes other than just goods transportation.”

According to the report, one of the major drivers for this market is 3W PC being the low-cost vehicle with lower maintenance costs. The 3W PC is the cheapest mode of transportation for more than two people, with a product price range of $2,000-$3,000. The lower cost of such vehicles allows small logistics firms and individual end-users to adopt such vehicles over four-wheel minivans that cost above $5,000.

Further, the report states that one of the major factors hindering the growth of this market is increased adoption of four-wheel SPCVs for passenger transportation. Four-wheel SPCVs with costs below $8,000 are hitting the passenger vehicle market, especially in India. These vehicles belong to the Auto Rikshaw category in India, and hence, all the 3W emission norms apply to this category as well. In addition, comparing to 3Ws, four-wheelers offer better stability and sturdiness in driving, power, and higher load carrying capacity. The four-wheel architecture allows faster turnarounds and easy handling as well. This makes comfortable driving for long distances and areas without roads.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Atul Auto
  • Bajaj Auto
  • Mahindra
  • Mahindra
  • Piaggio
  • Qiangsheng Electric Tricycle Factory
  • Chongqing Bajaj Auto Machinery
  • Scooters India
  • Terra Motors
  • TVS
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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