Global Three-Wheeler Market, By Vehicle Type (Passenger Carrier Vs. Load Carrier), By Fuel Type (Petrol/CNG, Diesel & Electric), By Region (Asia-Pacific, Africa, South America, Rest of the World), Competition Forecast & Opportunities, 2026

  • Industry : Automotive
  • Pages : 185
  • Published Date : June, 2021
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Report Description

Report Description

Global three-wheeler market was valued USD 7991.48 Million in 2020, and is forecast to grow at a CAGR of 6.78% in value terms, over the next five years, owing to the increasing demand for electric three-wheelers across the globe. A three-wheeler is a common form of transport, both as a vehicle for hire and for private use. A traditional three-wheeler is powered by an internal combustion engine, runs on fossil fuels, or on alternative fuels. With recent advancements in automobile sector, battery and motor equipped three-wheelers are also gaining popularity. Three-wheelers can be seen majorly as a common source of transportation within the cities in countries of Asia Pacific and Africa.

Other macro and micro economic factors like growing population of middle-income group and increasing number of Micro, Small & Medium Enterprises (MSMEs) are also anticipated to contribute to the expanding market of three-wheelers across the globe. Three-wheelers are a common form of transportation to commute within the cities of countries present in Asia Pacific. According to an article published by the World Bank, Pollution is the largest environmental cause of disease and premature death.  Pollution of air, land, and water causes more than 9 million premature deaths (16% of all deaths worldwide). That is three times more deaths than from AIDS, tuberculosis, and malaria combined and fifteen times more than from all wars and other forms of violence. The cost associated with health damage from ambient air pollution is estimated to be USD5.7 trillion, equivalent to 4.8% of global GDP. In individual countries, the economic burden of pollution associated with premature mortality and morbidity is also significant, equivalent to 5% to 14% of countries' GDPs. South Asia is among the world’s most exposed region to air pollution. About 79% of the population in Bangladesh, 60% of population in India, and 52% of population in Pakistan are exposed to pollution from burning of solid fuels, which has contributed significantly to poor health of people in these countries. Governments around the world have started taking the worsening climatic conditions more seriously than ever before and are encouraging their citizens to move towards transportation which runs on cleaner fuels as a measure to control the increasing air pollution. China had over 800,000 EV charging outlets available for public use, installed at the end of 2020, up from 516,000 in 2019 and 300,000 in 2018. In December 2020, China alone installed 112,000 public charging points — more than the entire United States public charging network. Over the past 10 years, petrol and diesel were the most used sources of energy to run a three-wheeler. Due to the air pollution rising at an alarming rate and affecting the economies and people’s quality of life, the trend is shifting to electric-three wheelers, as a result Electric Three-Wheelers segment is anticipated to witness the fastest growth in the Global Three-Wheeler Market in the forecast period.

In 2020, three-wheelers sales dropped down compared to 2019 as countries around the world underwent strict lockdown in the second and third quarter of 2020 as a measure to counter the spread of the disease. The lockdown resulted in the temporary closing down of all factories, including three-wheeler manufacturing facilities, resulting in production loss of three-wheelers. The COVID-19 pandemic has adversely impacted the Global Three-Wheeler Market, however the market is showing positive signs of recovery and is estimated to recover in around two years.

Some of the major players operating in Global Three-Wheeler Market are Bajaj Auto Limited, Piaggio & C. S.p.A, Mahindra & Mahindra Limited, TVS Motor Company Limited, Scooters India Limited, Atul Auto Limited, etc.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

  • To analyze historical growth in the market size of Global Three-Wheeler Market from 2016 to 2020.
  • To estimate and forecast the market size of Global Three-Wheeler Market in terms of value as well as volume from 2021 to 2026 and growth rate until 2026.

·         To classify and forecast Global Three-Wheeler Market based on By Vehicle Type, By Fuel Type, By Company and By Region.

·         To identify drivers and challenges for Global Three-Wheeler Market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Three-Wheeler Market.

·         To conduct the pricing analysis for Global Three-Wheeler Market.

·         To identify and analyze the profile of leading players operating in the Global Three-Wheeler Market.


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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of three-wheeler manufacturers and dealers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels, and regional presence of all major three-wheeler suppliers across the globe.

TechSci Research calculated the market size for Global Three-Wheeler Market using a bottom-up approach, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

·         Technology investors

·         Governments and financial institutions

·         End users of three-wheelers

  • Research organizations and consulting companies.
  • Research Institutes

·         Associations, organizations, forums, and alliances related to three-wheelers.

·         Three-wheeler manufacturing companies

  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as three-wheeler manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Three-Wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Three-Wheeler Market, By Vehicle Type:
    • Passenger Carrier
    • Load Carrier
  • Global Three-Wheeler Market, By Fuel Type:
    • Petrol/CNG
    • Diesel
    • Electric
  • Global Three-Wheeler Market, By Region:
    • Asia-Pacific
    • Africa
    • South America
    • Rest of the World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Three-Wheeler Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
Table of content

Table of content

1.     Product Overview                                  

2.     Research Methodology                          

3.     Executive Summary                              

4.     Voice of Customer                                 

5.     Global Three-Wheeler Market Outlook

           5.1.      Market Size & Forecast                 

                          5.1.1.      By Value & Volume        

           5.2.      Market Share & Forecast               

                          5.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                       5.2.2.      By Fuel Type (Petrol/CNG, Diesel & Electric)

                       5.2.3.      By Company                 

                          5.2.4.      By Region                     

           5.3.      Product Market Map (By Vehicle Type)

        5.4.      Product Market Map (By Fuel Type)

6.     Pricing and Price Point Analysis          

7.     Product Portfolio                                   

8.     Asia-Pacific Three-Wheeler Market Outlook

        8.1.      Market Size & Forecast                 

                          8.1.1.      By Value & Volume        

           8.2.      Market Share & Forecast               

                          8.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                       8.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                       8.2.3.      By Country                    

           8.3.      Product Market Map (By Vehicle Type)

        8.4.      Product Market Map (By Country) 

           8.5.      Voice of Customer– Asia-Pacific    

           8.6.      Asia-Pacific Three-Wheeler Country Analysis

                       8.6.1.      China Three-Wheeler Market Outlook

                                            8.6.1.1.      Market Size & Forecast

                                                                   8.6.1.1.1.      By Value & Volume

                                            8.6.1.2.      Market Share & Forecast

                                                                   8.6.1.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   8.6.1.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            8.6.1.3.      Product Market Map (By Vehicle Type)

                                            8.6.1.4.      Import Tariff

                       8.6.2.      India Three-Wheeler Market Outlook

                                            8.6.2.1.      Market Size & Forecast

                                                                   8.6.2.1.1.      By Value & Volume

                                            8.6.2.2.      Market Share & Forecast

                                                                   8.6.2.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   8.6.2.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                                                   8.6.2.2.3.      By Top 6 States

                                                                   8.6.2.2.4.      By Company

                                            8.6.2.3.      India Electric Three-Wheeler Market Size, By Value & Volume

                                                                   8.6.2.3.1.      India Electric Three-Wheeler Market Share by Vehicle Type (Electric Auto vs. E-rickshaw) (2020-2026)

                                                                   8.6.2.3.2.      India Electric Three-Wheeler Market Share by Battery Type (Lead-Acid, Li-Ion) (2020-2026)

                                            8.6.2.4.      Product Market Map (By Vehicle Type)

                                            8.6.2.5.      Import Tariff

                       8.6.3.      Bangladesh Three-Wheeler Market Outlook

                                            8.6.3.1.      Market Size & Forecast

                                                                   8.6.3.1.1.      By Value & Volume

                                            8.6.3.2.      Market Share & Forecast

                                                                   8.6.3.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   8.6.3.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            8.6.3.3.      Product Market Map (By Vehicle Type)

                                            8.6.3.4.      Import Tariff

                       8.6.4.      Indonesia Three-Wheeler Market Outlook

                                            8.6.4.1.      Market Size & Forecast

                                                                   8.6.4.1.1.      By Value & Volume

                                            8.6.4.2.      Market Share & Forecast

                                                                   8.6.4.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   8.6.4.2.2.      By Fuel Type (Petrol/CNG, Electric)

                                            8.6.4.3.      Product Market Map (By Vehicle Type)

                                            8.6.4.4.      Import Tariff

                       8.6.5.      Sri Lanka Three-Wheeler Market Outlook

                                            8.6.5.1.      Market Size & Forecast

                                                                   8.6.5.1.1.      By Value & Volume

                                            8.6.5.2.      Market Share & Forecast

                                                                   8.6.5.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   8.6.5.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            8.6.5.3.      Product Market Map (By Vehicle Type)

                                            8.6.5.4.      Import Tariff

9.     Africa Three-Wheeler Market Outlook 

           9.1.      Market Size & Forecast                 

                          9.1.1.      By Value & Volume        

           9.2.      Market Share & Forecast               

                          9.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                       9.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                       9.2.3.      By Country                    

           9.3.      Product Market Map (By Vehicle Type)

        9.4.      Product Market Map (By Country) 

           9.5.      Voice of Customer– Africa             

           9.6.      Africa Three-Wheeler Country Analysis

                       9.6.1.      Egypt Three-Wheeler Market Outlook

                                            9.6.1.1.      Market Size & Forecast

                                                                   9.6.1.1.1.      By Value & Volume

                                            9.6.1.2.      Market Share & Forecast

                                                                   9.6.1.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   9.6.1.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            9.6.1.3.      Product Market Map (By Vehicle Type)

                                            9.6.1.4.      Import Tariff

                       9.6.2.      Nigeria Three-Wheeler Market Outlook

                                            9.6.2.1.      Market Size & Forecast

                                                                   9.6.2.1.1.      By Value & Volume

                                            9.6.2.2.      Market Share & Forecast

                                                                   9.6.2.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   9.6.2.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            9.6.2.3.      Product Market Map (By Vehicle Type)

                                            9.6.2.4.      Import Tariff

                       9.6.3.      Tanzania Three-Wheeler Market Outlook

                                            9.6.3.1.      Market Size & Forecast

                                                                   9.6.3.1.1.      By Value & Volume

                                            9.6.3.2.      Market Share & Forecast

                                                                   9.6.3.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   9.6.3.2.2.      By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            9.6.3.3.      Product Market Map (By Vehicle Type)

                                            9.6.3.4.      Import Tariff

                       9.6.4.      Kenya Three-Wheeler Market Outlook

                                            9.6.4.1.      Market Size & Forecast

                                                                   9.6.4.1.1.      By Value & Volume

                                            9.6.4.2.      Market Share & Forecast

                                                                   9.6.4.2.1.      By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   9.6.4.2.2.      By Fuel Type (Petrol/CNG, Diesel)

                                            9.6.4.3.      Product Market Map (By Vehicle Type)

                                            9.6.4.4.      Import Tariff

10    South America Three-Wheeler Market Outlook

        10.1.    Market Size & Forecast                 

                          10.1.1.    By Value & Volume          

        10.2.    Market Share & Forecast               

                          10.2.1.    By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                       10.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

                       10.2.3.    By Country                    

           10.3.    Product Market Map (By Vehicle Type)

        10.4.    Product Market Map (By Country) 

           10.5.    Voice of Customer – South America

        10.6.    South America Three-Wheeler Country Analysis

                       10.6.1.   Peru Three-Wheeler Market Outlook

                                            10.6.1.1.    Market Size & Forecast

                                                                   10.6.1.1.1.    By Value & Volume

                                            10.6.1.2.    Market Share & Forecast

                                                                   10.6.1.2.1.    By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   10.6.1.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            10.6.1.3.    Product Market Map (By Vehicle Type)

                                            10.6.1.4.    Import Tariff

                       10.6.2.   Colombia Three-Wheeler Market Outlook

                                            10.6.2.1.    Market Size & Forecast

                                                                   10.6.2.1.1.    By Value & Volume

                                            10.6.2.2.    Market Share & Forecast

                                                                   10.6.2.2.1.    By Vehicle Type

                                                                   10.6.2.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            10.6.2.3.    Product Market Map (By Vehicle Type)

                                            10.6.2.4.    Import Tariff

                       10.6.3.   Chile Three-Wheeler Market Outlook

                                            10.6.3.1.    Market Size & Forecast

                                                                   10.6.3.1.1.    By Value & Volume

                                            10.6.3.2.    Market Share & Forecast

                                                                   10.6.3.2.1.    By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                   10.6.3.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

                                            10.6.3.3.    Product Market Map (By Vehicle Type)

                                            10.6.3.4.    Import Tariff

11.   Rest of World Three-Wheeler Market Outlook

        11.1.    Market Size & Forecast                 

                          11.1.1.    By Value & Volume        

           11.2.    Market Share & Forecast               

                          11.2.1.    By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                       11.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

        11.3.    Product Market Map (By Vehicle Type)

        11.4.    Voice of Customer                        

           11.5.    Rest of World Three-Wheeler Country Analysis

                       11.5.1.   Mexico Three-Wheeler Market Outlook

                                            11.5.1.1.    Market Size & Forecast

                                                                   11.5.1.1.1.    By Value & Volume

                                            11.5.1.2.    Market Share & Forecast

                                                                   11.5.1.2.1.    By Vehicle Type (Passenger Carrier Vs. Load Carrier)

                                                                      11.5.1.2.2.    By Fuel Type (Petrol/CNG, Diesel, Electric)

                                              11.5.1.3.    Product Market Map (By Vehicle Type)

                                            11.5.1.4.    Import Tariff

12.   Impact of COVID-19 on Global Three-Wheeler Market

13.   Market Dynamics                                   

           13.1.    Drivers                                                

           13.2.    Challenges                                   

14.   Market Trends & Developments           

15.   Competitive Landscape                         

           15.1.    Bajaj Auto Limited                        

           15.2.    Piaggio & C. SpA                           

           15.3.    Mahindra & Mahindra Limited       

           15.4.    TVS Motor Company Limited         

           15.5.    Scooters India Limited                  

           15.6.    Atul Auto Limited                          

           15.7.    Chongqing Zongshen Tricycle Manufacture Co., Ltd.

        15.8.    Ningbo Dowedo International Trade Co., Ltd.

16.   Strategic Recommendation                            

17.       About Us & Disclaimer          

Figures and Tables

Figure 1:  Global Three-Wheeler Market - Factors Influencing Purchase Decision (N=400)

Figure 2:  Global Three-Wheeler Market – Influencer of Purchase (N=400)

Figure 3:  Willingness to Switch from Existing Brand (N=400)

Figure 4:  Factors Prompting to Switch to New Brand (N=400)

Figure 5:  Global Three-Wheeler Market Brand Satisfaction Level (N=400)

Figure 6:  Global Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 7:  Global Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 8:  Global Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 9:  Global  Non-Electric Three-Wheeler Market Share, By Company, By Volume, 2020

Figure 10:    Global  Electric Three-Wheeler Market Share, By Company, By Volume, 2020

Figure 11:    Global Three-Wheeler Market  Share, By Region, By Volume, 2016–2026F

Figure 12:    Global Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 13:    Global Three-Wheeler Market Map, By Fuel Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 14:    Global Three-Wheeler Market Average Selling Price (USD Per Unit), 2016- 2026F

Figure 15:    Global Non-Electric Three-Wheeler Market Average Selling Price (USD Per Unit), 2016- 2026F

Figure 16:    Global Electric Three-Wheeler Market Average Selling Price (USD Per Unit), 2016- 2026F

Figure 17:    Asia-Pacific Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 18:    Asia-Pacific Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 19:    Asia-Pacific Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 20:    Asia-Pacific Three-Wheeler Market  Share, By Country, By Volume, 2016–2026F

Figure 21:    Asia-Pacific Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 22:    Asia-Pacific Three-Wheeler Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 23:    Asia-Pacific Three-Wheeler Market - Factors Influencing Purchase Decision (N=100)

Figure 24:    Asia-Pacific Three-Wheeler Market – Influencer of Purchase (N=100)

Figure 25:    China Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 26:    China Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 27:    China Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 28:    China Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 29:    India Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 30:    India Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 31:    India Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 32:    India Three-Wheeler Market Share, By Top 6 States, By Volume, 2016-2026F

Figure 33:    India Non-Electric Three-Wheeler Market Share, By Company, By Volume, 2020

Figure 34:    India Electric Three-Wheeler Market Share, By Company, By Volume, 2020

Figure 35:    India Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2016-2026F

Figure 36:    India Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2016-2026F

Figure 37:    India Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 38:    India Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 39:    Bangladesh Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 40:    Bangladesh Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 41:    Bangladesh Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 42:    Bangladesh Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 43:    Indonesia Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 44:    Indonesia Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 45:    Indonesia Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 46:    Indonesia Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 47:    Sri-Lanka Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 48:    Sri-Lanka Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 49:    Sri-Lanka Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 50:    Sri Lanka Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 51:    Africa Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 52:    Africa Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 53:    Africa Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 54:    Africa Three-Wheeler Market  Share, By Country, By Volume, 2016–2026F

Figure 55:    Africa Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 56:    Africa Three-Wheeler Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 57:    Africa Three-Wheeler Market - Factors Influencing Purchase Decision (N=100)

Figure 58:    Africa Three-Wheeler Market – Influencer of Purchase (N=100)

Figure 59:    Egypt Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 60:    Egypt Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 61:    Egypt Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 62:    Egypt Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 63:    Nigeria Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 64:    Nigeria Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 65:    Nigeria  Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 66:    Nigeria Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 67:    Tanzania Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 68:    Tanzania Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 69:    Tanzania Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 70:    Tanzania Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 71:    Kenya Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 72:    Kenya Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 73:    Kenya Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 74:    Kenya Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 75:    South America Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 76:    South America Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 77:    South America Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 78:    South America Three-Wheeler Market  Share, By Country, By Volume, 2016–2026F

Figure 79:    South America Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 80:    South America Three-Wheeler Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 81:    South America Three-Wheeler Market - Factors Influencing Purchase Decision (N=100)

Figure 82:    South America Three-Wheeler Market – Influencer of Purchase (N=100)

Figure 83:    Peru Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 84:    Peru Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 85:    Peru Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 86:    Peru Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 87:    Colombia Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 88:    Colombia Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 89:    Colombia Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 90:    Colombia Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 91:    Chile Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 92:    Chile Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 93:    Chile Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 94:    Chile Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 95:    Rest of the World Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 96:    Rest of the World Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 97:    Rest of The World Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 98:    Rest of The World Three-Wheeler Market - Factors Influencing Purchase Decision (N=100)

Figure 99:    Rest of The World Three-Wheeler Market – Influencer of Purchase (N=100)

Figure 100:  Mexico Three-Wheeler Market Size, By Value (USD Billion), By Volume (Thousand Units), 2016-2026F

Figure 101:  Mexico Three-Wheeler Market Share, By Vehicle Type, By Volume, 2016–2026F

Figure 102:  Mexico Three-Wheeler Market Share, By Fuel Type, By Volume, 2016–2026F

Figure 103:  Mexico Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

List of Tables 

Table 1:   Global Three-Wheeler Product Portfolio

Table 2:   Import Duty in China for Three-Wheelers

Table 3:   Import Duty in India for Three-Wheelers

Table 4:   Import Duty in Bangladesh for Three-Wheelers

Table 5:   Import Duty in Indonesia for Three-Wheelers

Table 6:   Import Duty in Sri Lanka for Three-Wheelers

Table 7:   Import Duty in Egypt for Three-Wheelers

Table 8:   Import Duty in Nigeria for Three-Wheelers

Table 9:   Import Duty in Tanzania for Three-Wheelers

Table 10:  Import Duty in Kenya for Three-Wheelers

Table 11:  Import Duty in Peru for Three-Wheelers

Table 12:  Import Duty in Colombia for Three-Wheelers

Table 13:  Import Duty in Chile for Three-Wheelers

Table 14:  Import Duty in Mexico for Three-Wheelers

Frequently asked questions

Frequently asked questions

The Global Three-wheeler Market based on Vehicle Type is divided into the Passenger Carrier and Load Carrier, with Passenger Carrier holding the majority of market share of 71.39% in terms of three-wheeler units sold across the globe in 2020. Passenger Carriers are the three-wheelers, which are designed to carry three or more than three passengers from one location to another.

Asia-Pacific accounts for the maximum demand and sales of three wheelers around the world. This can be attributed to the fact that three-wheelers are used as the common source of transportation within the Asian Countries compared to the other means of transportation.

China dominated the Asia-Pacific Three-wheeler Market in 2020, with a market share of 60.02% in terms of three-wheeler units sold. China is followed by India, Bangladesh, and Indonesia in terms of three-wheeler units sold by each country in 2020. Owing to the increasing sales of electric three-wheelers in India, India’s market share of three-wheelers is growing at a rapid rate, but still China is expected to maintain its dominance in the market and will retain a market share of around 47.84% in 2026.

Bajaj Auto Limited, Piaggio & C. SpA, Mahindra & Mahindra Limited, and TVS Motor Company Limited are the top four market leaders in the global three-wheeler market, with all four companies collectively accounting for over 29% market share of the Global Three-Wheeler market. These companies have their distributor & dealer network widely spread across the globe and are generating good revenue as compared to other companies operating globally.

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