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Showing posts with the label Sri Lanka three wheelers Trends

Sri Lanka Three Wheelers Market–Estimated to Had 10.1 million Registered Three Wheelers in 2016

According to Goldstein Research, Sri Lanka three wheelers market is expected to grow at a CAGR of 7.2% over the forecast period 2016-2024. In 2016, Sri Lanka had 10.1 million registered three-wheelers and also imported more than 75,000 vehicles. The insufficient road and rail transportation is driving the growing demand for three wheelers. Sri Lanka three wheelers market segmentation has been done on the basis of vehicle type and fuel type. Passenger carrier three wheelers dominated the market with 70% revenue share in 2016 and rest was earned from good carrier three wheelers. Sri Lanka three wheelers market is largely dominated by tier-2 cities, which accounted for major sales of three wheelers. Moreover sale of CNG powered three wheelers is growing drastically in tier-2 cities. Browse Full Report: https://www.goldsteinresearch.com/report/sri-lanka-three-wheeler-market-analysis Market Segmentation On the basis of our in-depth analysis, Sri Lanka Three Wheelers Market can be se...