Three-Wheeler (3W) Goods Carrier - Global Market Trajectory & Analytics

Global Three-Wheeler (3W) Goods Carrier Market to Reach 136.1 Thousand Units by 2027

Amid the COVID-19 crisis, the global market for Three-Wheeler (3W) Goods Carrier estimated at 104.9 Thousand Units in the year 2020, is projected to reach a revised size of 136.1 Thousand Units by 2027, growing at a CAGR of 3.8% over the period 2020-2027.

The U.S. Market is Estimated at 30.9 Thousand Units, While China is Forecast to Grow at 3.6% CAGR

The Three-Wheeler (3W) Goods Carrier market in the U.S. is estimated at 30.9 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 24.2 Thousand Units by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 46 Featured):

• Atul Auto Ltd
• Bajaj Auto Ltd.
• Mahindra & Mahindra Ltd.
• Piaggio & C. SpA
• Scooters India Ltd.
• Terra Motors
• TVS Motor Co., Ltd.
• Xianghe Qiangsheng Electric Tricycle Factory