The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.We expect 2Ws and tractors to grow at strong 13 per cent and 15 per cent CAGR respectively over FY25-27E (FY25E: 12 per cent and 6 per cent), says the report.The report added that the volume growth of passenger vehicles and trucks segment is expected to grow at a rate ranging from 5 to 8 per cent.