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The three-wheeler market is driven by factors such as increase in demand for commercial vehicle with lower operating cost, last mile connectivity, and growing preference for the electric vehicle as a commercial vehicle. However, increase in fuel prices, higher upfront cost of electric three-wheeler battery, and lack of charging infrastructure are some the potential factors that can hamper the market growth.
By region, Asia-Pacific dominates the market at present, followed by Europe, LAMEA, and North America. In the Asia-Pacific region, India dominated the global three-wheeler market in 2020, and is expected to maintain its dominance during the forecast period. Whereas China is expected to grow at a significant rate in Asia-Pacific, owing to the growing preference of electric three-wheelers in the region.
The three-wheeler market is segmented into fuel type, vehicle type, and region. Depending on fuel type, the market is divided into petrol/CNG, diesel, and electric. On the basis of vehicle type, it is categorized into passenger carrier and load carrier. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the three-wheeler market include Bajaj Auto Ltd, Piaggio & C.SpA, Atul Auto Limited, Chongqing Zongshen Tricycle Manufacture Co. Ltd, J.S. Auto Pvt Ltd, Kinetic Green Energy & Power Solutions Ltd, Mahindra & Mahindra Ltd, Scooters India Limited, Terra Motors Corporation, and TVS Motor Company.
KEY BENEFITS FOR STAKEHOLDERS
• This study presents the analytical depiction of the three-wheeler market along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
• The current market is quantitatively analyzed from 2020 to 2028 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Fuel Type
o Petrol/CNG
o Diesel
o Electric
By Vehicle Type
o Passenger Carrier
o Load Carrier
By Region
o North America
U.S.
Canada
Mexico
o Europe
UK
Germany
France
Italy
Rest of Europe
o Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
o Atul Auto Limited
o Bajaj Auto Ltd
o Chongqing Zongshen Tricycle Manufacture Co. Ltd
o J.S. Auto Pvt Ltd
o Kinetic Green Energy & Power Solutions Ltd
o Mahindra & Mahindra Ltd
o Piaggio & C.SpA
o Scooters India Limited
o Terra Motors Corporation
o TVS Motor Company
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porter’s five forces analysis
3.4.Market share analysis (2020)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Inclination toward use of electric three-wheeler as an eco-friendly & efficient solution for commute
3.5.1.2.Growing trend of last mile connectivity
3.5.1.3.Increasing demand for affordable commercial vehicle
3.5.1.4.Greater availability of credit and financing options
3.5.2.Restraints
3.5.2.1.Increase in fuel cost
3.5.2.2.High cost of battery
3.5.3.Opportunities
3.5.3.1.Growing trend of shared mobility
3.6.Impact of COVID-19 on the market
3.6.1.Evolution of outbreaks
3.6.1.1.SARS
3.6.1.2.COVID-19
3.6.2.Micro-economic impact analysis
3.6.2.1.Consumer trend
3.6.2.2.Technology trends
3.6.2.3.Regulatory trend
3.6.3.Macro-economic impact analysis
3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index
3.6.4.Impact on the three-wheeler industry analysis
CHAPTER 4:GLOBAL THREE-WHEELER MARKET, FUEL TYPE
4.1.Overview
4.2.Petrol/ CNG
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Diesel
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Electric
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
CHAPTER 5:GLOBAL THREE-WHEELER MARKET, BY VEHICLE TYPE
5.1.Overview
5.2.Passenger Carrier
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Load Carrier
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:THREE-WHEELER MARKET, BY REGION
6.1.Overview
6.2.North America
6.2.1.Market size and forecast, by fuel type
6.2.2.Market size and forecast, by vehicle type
6.2.3.Market size and forecast, by country
6.2.3.1.U.S.
6.2.3.1.2.Market size and forecast, by fuel type
6.2.3.1.3.Market size and forecast, by vehicle type
6.2.3.2.Canada
6.2.3.2.2.Market size and forecast, by fuel type
6.2.3.2.3.Market size and forecast, by vehicle type
6.2.3.3.Mexico
6.2.3.3.2.Market size and forecast, by fuel type
6.2.3.3.3.Market size and forecast, by vehicle type
6.3.Europe
6.3.1.Market size and forecast, by fuel type
6.3.2.Market size and forecast, by vehicle type
6.3.3.Market size and forecast, by country
6.3.3.1.UK
6.3.3.1.2.Market size and forecast, by fuel type
6.3.3.1.3.Market size and forecast, by vehicle type
6.3.3.2.Germany
6.3.3.2.2.Market size and forecast, by fuel type
6.3.3.2.3.Market size and forecast, by vehicle type
6.3.3.3.France
6.3.3.3.2.Market size and forecast, by fuel type
6.3.3.3.3.Market size and forecast, by vehicle type
6.3.3.4.Italy
6.3.3.4.2.Market size and forecast, by fuel type
6.3.3.4.3.Market size and forecast, by vehicle type
6.3.3.5.Rest of Europe
6.3.3.5.2.Market size and forecast, by fuel type
6.3.3.5.3.Market size and forecast, by vehicle type
6.4.Asia-Pacific
6.4.1.Market size and forecast, by fuel type
6.4.2.Market size and forecast, by vehicle type
6.4.3.Market size and forecast, by country
6.4.3.1.China
6.4.3.1.2.Market size and forecast, by fuel type
6.4.3.1.3.Market size and forecast, by vehicle type
6.4.3.2.Japan
6.4.3.2.2.Market size and forecast, by fuel type
6.4.3.2.3.Market size and forecast, by vehicle type
6.4.3.3.India
6.4.3.3.2.Market size and forecast, by fuel type
6.4.3.3.3.Market size and forecast, by vehicle type
6.4.3.4.South Korea
6.4.3.4.2.Market size and forecast, by fuel type
6.4.3.4.3.Market size and forecast, by vehicle type
6.4.3.5.Rest of Asia-Pacific
6.4.3.5.2.Market size and forecast, by fuel type
6.4.3.5.3.Market size and forecast, by vehicle type
6.5.LAMEA
6.5.1.Market size and forecast, by fuel type
6.5.2.Market size and forecast, by vehicle type
6.5.3.Market size and forecast, by country
6.5.3.1.Latin America
6.5.3.1.2.Market size and forecast, by fuel type
6.5.3.1.3.Market size and forecast, by vehicle type
6.5.3.2.Middle East
6.5.3.2.2.Market size and forecast, by fuel type
6.5.3.2.3.Market size and forecast, by vehicle type
6.5.3.3.Africa
6.5.3.3.2.Market size and forecast, by fuel type
6.5.3.3.3.Market size and forecast, by vehicle type
CHAPTER 7:COMPANY PROFILES
7.1.ATUL AUTO LIMITED.
7.1.1.Company overview
7.1.2.Key executives
7.1.3.Company snapshot
7.1.4.Product portfolio
7.1.5.Business performance
7.1.6.Key strategic moves and developments
7.2.BAJAJ AUTO LTD
7.2.1.Company overview
7.2.2.Key executives
7.2.3.Company snapshot
7.2.4.Operating business segments
7.2.5.Product portfolio
7.2.6.R&D expenditure
7.2.7.Business performance
7.2.8.Key strategic moves and developments
7.3.CHONGQING ZONGSHEN TRICYCLE MANUFACTURE CO.LTD
7.3.1.Company overview
7.3.2.Key executives
7.3.3.Company snapshot
7.3.4.Product portfolio
7.4.J.S. AUTO PVT LTD.
7.4.1.Company overview
7.4.2.Key executives
7.4.3.Company snapshot
7.4.4.Product portfolio
7.5.KINETIC GREEN ENERGY & POWER SOLUTIONS LTD.
7.5.1.Company overview
7.5.2.Key executives
7.5.3.Company snapshot
7.5.4.Product portfolio
7.5.5.Key strategic moves and developments
7.6.MAHINDRA & MAHINDRA LTD.
7.6.1.Company overview
7.6.2.Key executives
7.6.3.Company snapshot
7.6.4.Operating business segments
7.6.5.Product portfolio
7.6.6.R&D expenditure
7.6.7.Business performance
7.6.8.Key strategic moves and developments
7.7.Piaggio & C.SpA
7.7.1.Company overview
7.7.2.Key executives
7.7.3.Company snapshot
7.7.4.Operating business segments
7.7.5.Product portfolio
7.7.6.R&D expenditure
7.7.7.Business performance
7.7.8.Key strategic moves and developments
7.8.SCOOTERS INDIA LIMITED
7.8.1.Company overview
7.8.2.Key executives
7.8.3.Company snapshot
7.8.4.Product portfolio
7.8.5.R&D expenditure
7.8.6.Business performance
7.9.TERRA MOTORS CORPORATION
7.9.1.Company overview
7.9.2.Key executives
7.9.3.Company snapshot
7.9.4.Product portfolio
7.10.TVS MOTOR COMPANY
7.10.1.Company overview
7.10.2.Key executives
7.10.3.Company snapshot
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.R&D expenditure
7.10.7.Business performance
TABLE 01.MACRO-ECONOMIC INDICATORS PROJECTIONS (1/2):
TABLE 02.MACRO-ECONOMIC INDICATORS PROJECTIONS (2/2):
TABLE 03.THREE-WHEELER MARKET, BY FUEL TYPE, 2021-2028 ($MILLION)
TABLE 04.THREE-WHEELER MARKET FOR PETROL/ CNG, BY REGION 2021-2028 ($MILLION)
TABLE 05.THREE-WHEELER MARKET FOR DIESEL, BY REGION 2021-2028 ($MILLION)
TABLE 06.THREE-WHEELER MARKET FOR ELECTRIC, BY REGION 2021-2028 ($MILLION)
TABLE 07.THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021-2028 ($MILLION)
TABLE 08.THREE-WHEELER MARKET FOR PASSENGER CARRIER, BY REGION 2021-2028 ($MILLION)
TABLE 09.THREE-WHEELER MARKET FOR LOAD CARRIER, BY REGION 2021-2028 ($MILLION)
TABLE 10.THREE-WHEELER MARKET, BY REGION 2021–2028 ($MILLION)
TABLE 11.NORTH AMERICA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 12.NORTH AMERICA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 13.U.S. THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 14.U.S. THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 15.CANADA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 16.CANADA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 17.MEXICO THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 18.MEXICO THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 19.EUROPE THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 20.EUROPE THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 21.UK THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 22.UK THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 23.GERMANY THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 24.GERMANY THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 25.FRANCE THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 26.FRANCE THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 27.ITALY THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 28.ITALY THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 29.REST OF EUROPE THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 30.REST OF EUROPE THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 31.ASIA-PACIFIC THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 32.ASIA-PACIFIC THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 33.CHINA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 34.CHINA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 35.JAPAN THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 36.JAPAN THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 37.INDIA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 38.INDIA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 39.SOUTH KOREA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 40.SOUTH KOREA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 41.REST OF ASIA-PACIFIC THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 42.REST OF ASIA-PACIFIC THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 43.LAMEA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 44.LAMEA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 45.LATIN AMERICA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 46.LATIN AMERICA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 47.MIDDLE EAST THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 48.MIDDLE EAST THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 49.AFRICA THREE-WHEELER MARKET, BY FUEL TYPE, 2021–2028 ($MILLION)
TABLE 50.AFRICA THREE-WHEELER MARKET, BY VEHICLE TYPE, 2021–2028 ($MILLION)
TABLE 51.ATUL AUTO LIMITED: KEY EXECUTIVES
TABLE 52.ATUL AUTO LIMITED: COMPANY SNAPSHOT
TABLE 53.ATUL AUTO LIMITED: PRODUCT PORTFOLIO
TABLE 54.ATUL AUTO LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 55.BAJAJ AUTO LTD.: KEY EXECUTIVES
TABLE 56.BAJAJ AUTO LTD.: COMPANY SNAPSHOT
TABLE 57.BAJAJ AUTO LTD.: OPERATING SEGMENTS
TABLE 58.BAJAJ AUTO LTD.: PRODUCT PORTFOLIO
TABLE 59.BAJAJ AUTO LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 60.BAJAJ AUTO LTD.: NET SALES, 2018–2020 ($MILLION)
TABLE 61.CHONGQING ZONGSHEN TRICYCLE MOTORCYCLE CO. LTD: KEY EXECUTIVE
TABLE 62.CHONGQING ZONGSHEN TRICYCLE MOTORCYCLE CO. LTD: COMPANY SNAPSHOT
TABLE 63.CHONGQING ZONGSHEN TRICYCLE MOTORCYCLE CO. LTD: PRODUCT PORTFOLIO
TABLE 64.J.S. AUTO PVT. LTD.: KEY EXECUTIVE
TABLE 65.J.S. AUTO PVT. LTD.: COMPANY SNAPSHOT
TABLE 66.J.S. AUTO PVT. LTD.: PRODUCT PORTFOLIO
TABLE 67.KINETIC GREEN ENERGY & POWER SOLUTIONS LTD.: KEY EXECUTIVES
TABLE 68.KINETIC GREEN ENERGY & POWER SOLUTIONS LTD.: COMPANY SNAPSHOT
TABLE 69.KINETIC GREEN ENERGY & POWER SOLUTIONS LTD.: PRODUCT PORTFOLIO
TABLE 70.MAHINDRA & MAHINDRA LIMITED: KEY EXECUTIVES
TABLE 71.MAHINDRA & MAHINDRA LIMITED: COMPANY SNAPSHOT
TABLE 72.MAHINDRA & MAHINDRA LIMITED: OPERATING SEGMENTS
TABLE 73.MAHINDRA & MAHINDRA LIMITED: PRODUCT PORTFOLIO
TABLE 74.MAHINDRA & MAHINDRA LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 75.MAHINDRA & MAHINDRA LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 76.PIAGGIO & C.SPA: KEY EXECUTIVES
TABLE 77.PIAGGIO & C.SPA: COMPANY SNAPSHOT
TABLE 78.PIAGGIO & C.SPA: OPERATING SEGMENTS
TABLE 79.PIAGGIO & C.SPA: PRODUCT PORTFOLIO
TABLE 80.PIAGGIO & C.SPA: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 81.PIAGGIO & C.SPA: NET SALES, 2018–2020 ($MILLION)
TABLE 82.SCOOTERS INDIA LIMITED: KEY EXECUTIVES
TABLE 83.SCOOTERS INDIA LIMITED: COMPANY SNAPSHOT
TABLE 84.SCOOTERS INDIA LIMITED: PRODUCT PORTFOLIO
TABLE 85.SCOOTERS INDIA LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 86.SCOOTERS INDIA LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 87.TERRA MOTORS CORPORATION: KEY EXECUTIVES
TABLE 88.TERRA MOTORS CORPORATION: COMPANY SNAPSHOT
TABLE 89.TERRA MOTORS CORPORATION: PRODUCT PORTFOLIO
TABLE 90.TVS MOTOR COMPANY: KEY EXECUTIVES
TABLE 91.TVS MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 92.TVS MOTOR COMPANY: OPERATING SEGMENTS
TABLE 93.TVS MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 94.TVS MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 95.TVS MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
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