Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019
Green Car Congress
MARCH 30, 2014
The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. The introduction of CNG/LPG three-wheelers has revived the global three-wheeler market and significantly increased the acceptability of three-wheelers across many countries, especially in developing nations, the report says.