RohiniChoudhary (1)

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Automotive Motors Market
The COVID-19 outbreak severely impacted the
automotive sector on a global level, which in
turn give rise to considerable drop in automotive
sales, insufficiency of raw material, and others.
In many low-income countries public transport
provides employment to many individuals. However,
as the public transport increases the spread of
COVID-19 which as a result impacted the
three-wheeler sales. Furthermore, three-wheeler
offers easy customizability which in turn
foreseen to reinforce the demand for
three-wheeler load carriers during the outbreak.
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Automotive Motors Market
The three-wheeler market was valued at 8.42
billion in 2020, and is projected to reach 15.54
billion by 2028, registering a CAGR of 10.3 from
2021 to 2028.  A three-wheeler is a three
wheeled vehicle propelled by petrol/CNG, diesel,
or electric motor. Three-wheelers are generally
used as a commercial vehicle to transport
passenger and goods. Three-wheeler mobility
depends on the maneuverability, affordability,
and door-to-door transport. As many developing
countries specially in Asia-Pacific and LAMEA
require faster and significantly cheaper option
for public and goods transport, three-wheeler
suites the requirement best. 
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Automotive Motors Market

• Key Benefits For Stakeholders
• This study presents analytical depiction of the
  three-wheeler market analysis 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 gain a
  stronger foothold.
• The report presents information related to key
  drivers, restraints, and opportunities of the
  market with a detailed impact analysis.
• The current three-wheeler market size is
  quantitatively analyzed from 2020 to 2028 to
  benchmark the financial competency.
• Porters five forces analysis illustrates the
  potency of the buyers and suppliers in the
  three-wheeler industry.

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Automotive Motors Market

• Major Companies
• Atul Auto Limited
• Bajaj Auto Ltd
• Chongqing Zongshen Tricycle Manufacture Co. Ltd
• J.S. Auto Pvt Ltd
• Kinetic Green Energy Power Solutions Ltd
• Mahindra Mahindra Ltd
• Piaggio C.SpA
• Scooters India Limited
• Terra Motors Corporation

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Automotive Motors Market
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