Free press releases distribution network?

Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Global Three Wheeler Market Gains Momentum Due to Rapidly Increasing Demand from Africa Finds TechSci Research - Inadequate availability of public transportation in Asian countries coupled with increasing popularity of three-wheelers in African countries is fueling the global three-wheeler market - TechSciResearch.com
Global Three Wheeler Market Gains Momentum Due to Rapidly Increasing Demand from Africa Finds TechSci Research

 

PRZOOM - /newswire/ - Burnaby, British Columbia, Canada, 2014/03/28 - Inadequate availability of public transportation in Asian countries coupled with increasing popularity of three-wheelers in African countries is fueling the global three-wheeler market - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Three-wheelers are increasingly gaining acceptance as an effective means of transportation, especially in developing countries of Asia, Africa and Latin America. Global three-wheeler market is primarily concentrated in the Asia-Pacific, which accounted for a market share of 65% of global three-wheeler market, in volume terms, in 2013.

Inadequate availability of public transportation, underdeveloped transport & logistic infrastructure, low per capita income, increasing unemployment, etc. are some of the key factors that are contributing to the growth of three-wheelers in developing and underdeveloped countries. Three-wheelers offer an efficient, quick and economical way of transportation even in the areas where buses, trucks, taxis, etc. cannot effectively penetrate.

According to the recently published report by TechSci Research,“Global Three Wheeler Market Forecast and Opportunities, 2019”, the global three-wheeler market is forecast to grow at a CAGR of 13%, in value terms, during 2014-19. 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. Underdeveloped countries in Africa like Nigeria, Tanzania, Mozambique and Egypt and their Asian counter parts like Nepal, Bangladesh, etc., are therefore emerging as the favorite markets for the leading three-wheeler manufacturers across the globe.

“Three-wheeler demand is significantly being boosted by the increasing penetration of hub-n-spoke model in supply chain networks of enterprises across the globe. Three-wheelers are significantly being used in transportation of inventory from hubs to final destinations like end consumers, retail outlets, confectionary shops, manufacturing units, etc. through predefined routes called spokes. Adoption of hub-n-spoke model is expected to increase further in the coming years, which is expected to drive the demand for three-wheelers over the next five years” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

However, with the increasing penetration of four wheeler-light commercial vehicles during 2010-13, passenger carrier and load carrier three-wheelers are witnessing a stiff competition in emerging economies like India, China, Indonesia, etc. Competition for three-wheelers in these countries is expected to further increase with the introduction of “quadricycles”, which are four wheel small vehicles.

“Global Three Wheeler Market Forecast and Opportunities, 2019” has evaluated the future growth potential of global three-wheeler industry and provides statistics and information on market structure, exports and future growth of global three-wheeler industry. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides all this, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in the global three-wheeler industry.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Global Three Wheeler Market Gains Momentum Due to Rapidly Increasing Demand from Africa Finds TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

Frost & Sullivan Honors Interstate Batteries® as the Overall Best Brand of Automotive Batteries in the United States
R&D on Autonomous, Connected, and Electrification Technologies Creates Double-digit Growth Opportunities Finds Frost & Sullivan
Adoption of Integrated Gamification Technologies Boosts Growth in Automotive Ecosystem Finds Frost & Sullivan
RevMotiv Technology Co. and Lingzhong Technology to Create Electric Motors for Public Buses in China
MAN Group Unveils New MAN Vehicles Equipped with RIO Box as Standard
Frost & Sullivan Honors Greenlots with its Product Leadership Award
Frost & Sullivan Honors IriTech for Leading Iris Biometrics to New Frontiers in Mobile, AR/VR and Automotive Markets
Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem Finds Frost & Sullivan
eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  RightITnow Ltd

Visit  NAKIVO, Inc.







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today