my country's Tricycle Motorcycle market has huge potential

Statistics from the China Association of Automobile Manufacturers show that in 2006 my country's Tricycle Motorcycle industry developed rapidly, with production and sales approaching 900,000 units, a year-on-year increase of 69%, which was nearly 50 percentage points higher than the overall growth rate of the industry and reached the best level in history. This is only the data collected by the industry. According to industry estimates, there should be nearly 3 million production and sales of Gasoline Tricyclenationwide, and about 2/3 of the data has not been reported. According to industry reports, Tricycle Motorcycle with a displacement of 50mL account for nearly 96% of the total industry, among which Gasoline Tricycle with a displacement of 100-150mL are favored by the majority due to their advantages such as low fuel consumption, stable performance, moderate price, and wide range of uses. Favored by consumers, it has become a mainstream product in the market.

2006 was the year of consolidation in the Gasoline Tricycle industry. Enterprises in the industry continued to reorganize. Faced with the country's increased entry threshold, weak and small enterprises did everything possible to find their own safe haven and actively moved closer to large groups. Large enterprises improved their products in order to expand their market share. structure, take advantage of brand, technology, and capital to actively expand outward, acquire and merge some Tricycle Motorcycle companies that have no qualifications but have certain production capacity and resource advantages, establish subsidiaries and branches, complete access, and establish their own expansion base, extending its own industrial chain. From the statistics of the whole industry, there are 28 Tricycle Motorcycle enterprises in production throughout the year, a decrease of 11 compared with the previous year. There are only 5 manufacturers whose production and sales volume exceeds 50,000 vehicles, and the cumulative output of these 5 companies is 655,400 vehicles, accounting for 73% of the total. Among them, Zongshen Group produced 322,000 vehicles, accounting for 38.83% of the entire Tricycle Motorcycle industry. From the perspective of the entire industry, although the sales volume of Tricycle Motorcycle is not large, and the annual sales volume accounts for about 5% of the total sales volume of the entire industry, its development speed is quite fast. In the past 2 years, with the implementation of the Central Rich Farmers Policy and the Western Development Strategy, Tricycle Motorcycle have become a good helper for farmers to get rich. The Tricycle Motorcycle has a moderate carrying capacity and strong road adaptability. It is not only suitable for small-scale operations of self-produced and sold by farmers, but also suitable for short-distance passenger transportation. It is an important tool for farmers to increase their income. In towns and villages, Tricycle Motorcycle have become a means of transportation for more farmers to replace ox carts and bicycles. The characteristics of speed, convenience, low price and simple operation just cater to the consumption needs of farmers' friends. The rapid development of Tricycle Motorcycle in passenger and cargo transportation has also caused many laid-off workers in cities to join this kind of management team with small investment, quick results and low technical requirements. Cargo Tricycle Motorcycle have been widely used in rural areas and towns, and are increasingly valued by farmers and small traders. With the improvement of farmers' income and the improvement of the consumption environment, the Tricycle Motorcycle, as a transitional means of transportation, will undoubtedly exist widely in a relatively long period of time, and the market potential is huge.
Today, the total sales volume of Tricycle Motorcycle in China is close to 3 million, but compared with China's huge rural market, there is still a lot of room for growth. Motorcycles are superior to two-wheeled motorcycles and Tricycle Motorcycle in some uses, and are superior to miniature cars in price, so they are in an irreplaceable position in the short term. At present, the number of motorcycles in the country is about 90 million, and Tricycle Motorcycle account for about 9 million. There are 900 million farmers in my country, 250 million rural households, with an average of 1 motorcycle for every 3 households, and there is still about 75 million market space. According to It will take 20 to 25 years for the current production capacity to meet market demand.