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Global Electric 3-wheeler Market Size study, By Vehicle Type (Passenger Carrier, Load Carrier), By Power Type (Up to 1000W, 1000W to 1500W, Above 1500W), By Battery Type (Lithium-ion, Lead acid), and Regional Forecasts 2022-2028

  • BIZ4952966
  • 200 Pages
  • April 2022
  • Automotive and Transportation
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Global Electric 3-wheeler Market is valued approximately USD 713.30 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2028. 3-wheeler vehicles are the vehicles that are assembled with one single wheel in front and two wheels at the back are also commonly referred to as tricycles, although the one with a single back wheel and two front wheels is called a tadpole. Electric three-wheelers are electrically motorized vehicles that are fortified with longer durability batteries and high torque motors. The increasing number of government incentives and subsidies, surging demand for affordable commercial vehicle supplements, as well as rising inclination towards the adoption of an electric three-wheeler as an efficient and eco-friendly solution for travel are the primary factors that may accelerate the Market demand across the globe. For instance, in December 2019, the government of India declares the introduction of phase-II of the FAME India scheme that emphasizes supporting electrification of public & shared transportation with the objective of providing incentives for e-3 wheelers and e-buses. However, the lack of standardization of EV charging impedes the growth of the Market over the forecast period of 2022-2028. Also, the rising trend of shared mobility is anticipated to act as a catalyzing factor for the Market demand during the forecast period.

The key regions considered for the global Electric 3-wheeler Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific is the leading region across the world in terms of Market share owing to the execution of the government’s favorable policies, high reliance on public transport, coupled with the growing trend of shared mobility. Whereas Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing demand for electric vehicles, as well as the growth of emerging economies such as India and China, would create lucrative growth prospects for the Electric 3-wheeler Market across the Asia-Pacific region.

Major Market players included in this report are:

Atul Auto Limited

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

Bodo Vehicle Group Co. Ltd.

E-Tuk Factory BV.

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:

By Vehicle Type

Passenger Carrier

Load Carrier

By Power Type

Up to 1000W

1000W to 1500W

Above 1500W

By Battery Type

Lithium-ion

Lead acid

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Electric 3-wheeler Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Electric 3-wheeler Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Electric 3-wheeler Market, by Vehicle Type, 2020-2028 (USD Million)

1.2.3. Global Electric 3-wheeler Market, by Power Type, 2020-2028 (USD Million)

1.2.4. Global Electric 3-wheeler Market, by Battery Type, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Electric 3-wheeler Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Electric 3-wheeler Market Dynamics

3.1. Electric 3-wheeler Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Government incentives and subsidies

3.1.1.2. Surging demand for affordable commercial vehicle supplements

3.1.2. Market Challenges

3.1.2.1. Lack of standardization of EV charging

3.1.3. Market Opportunities

3.1.3.1. Rising trend of shared mobility

Chapter 4. Global Electric 3-wheeler Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Electric 3-wheeler Market, by Vehicle Type

6.1. Market Snapshot

6.2. Global Electric 3-wheeler Market by Vehicle Type, Performance - Potential Analysis

6.3. Global Electric 3-wheeler Market Estimates & Forecasts by Vehicle Type 2019-2028 (USD Million)

6.4. Electric 3-wheeler Market, Sub Segment Analysis

6.4.1. Passenger Carrier

6.4.2. Load Carrier

Chapter 7. Global Electric 3-wheeler Market, by Power Type

7.1. Market Snapshot

7.2. Global Electric 3-wheeler Market by Power Type, Performance - Potential Analysis

7.3. Global Electric 3-wheeler Market Estimates & Forecasts by Power Type 2019-2028 (USD Million)

7.4. Electric 3-wheeler Market, Sub Segment Analysis

7.4.1. Up to 1000W

7.4.2. 1000W to 1500W

7.4.3. Above 1500W

Chapter 8. Global Electric 3-wheeler Market, by Battery Type

8.1. Market Snapshot

8.2. Global Electric 3-wheeler Market by Battery Type, Performance - Potential Analysis

8.3. Global Electric 3-wheeler Market Estimates & Forecasts by Battery Type 2019-2028 (USD Million)

8.4. Electric 3-wheeler Market, Sub Segment Analysis

8.4.1. Lithium-ion

8.4.2. Lead acid

Chapter 9. Global Electric 3-wheeler Market, Regional Analysis

9.1. Electric 3-wheeler Market, Regional Market Snapshot

9.2. North America Electric 3-wheeler Market

9.2.1. U.S. Electric 3-wheeler Market

9.2.1.1. Vehicle Type estimates & forecasts, 2019-2028

9.2.1.2. Power Type estimates & forecasts, 2019-2028

9.2.1.3. Battery Type estimates & forecasts, 2019-2028

9.2.2. Canada Electric 3-wheeler Market

9.3. Europe Electric 3-wheeler Market Snapshot

9.3.1. U.K. Electric 3-wheeler Market

9.3.2. Germany Electric 3-wheeler Market

9.3.3. France Electric 3-wheeler Market

9.3.4. Spain Electric 3-wheeler Market

9.3.5. Italy Electric 3-wheeler Market

9.3.6. Rest of Europe Electric 3-wheeler Market

9.4. Asia-Pacific Electric 3-wheeler Market Snapshot

9.4.1. China Electric 3-wheeler Market

9.4.2. India Electric 3-wheeler Market

9.4.3. Japan Electric 3-wheeler Market

9.4.4. Australia Electric 3-wheeler Market

9.4.5. South Korea Electric 3-wheeler Market

9.4.6. Rest of Asia Pacific Electric 3-wheeler Market

9.5. Latin America Electric 3-wheeler Market Snapshot

9.5.1. Brazil Electric 3-wheeler Market

9.5.2. Mexico Electric 3-wheeler Market

9.6. Rest of The World Electric 3-wheeler Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Atul Auto Limited.

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Chongqing Zongshen Tricycle Manufacture Co. Ltd.

10.2.3. J.S. Auto Pvt. Ltd.

10.2.4. Kinetic Green Energy & Power Solutions Ltd.

10.2.5. Mahindra & Mahindra Ltd.

10.2.6. Piaggio & C.SpA.

10.2.7. Scooters India Limited

10.2.8. Terra Motors Corporation

10.2.9. Bodo Vehicle Group Co. Ltd.

10.2.10. E-Tuk Factory BV.

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Electric 3-wheeler Market, report scope

TABLE 2. Global Electric 3-wheeler Market estimates & forecasts by Region 2019-2028 (USD Million)

TABLE 3. Global Electric 3-wheeler Market estimates & forecasts by Vehicle Type 2019-2028 (USD Million)

TABLE 4. Global Electric 3-wheeler Market estimates & forecasts by Power Type 2019-2028 (USD Million)

TABLE 5. Global Electric 3-wheeler Market estimates & forecasts by Battery Type 2019-2028 (USD Million)

TABLE 6. Global Electric 3-wheeler Market by segment, estimates & forecasts, 2019-2028 (USD Million)

TABLE 7. Global Electric 3-wheeler Market by region, estimates & forecasts, 2019-2028 (USD Million)

TABLE 8. Global Electric 3-wheeler Market by segment, estimates & forecasts, 2019-2028 (USD Million)

TABLE 9. Global Electric 3-wheeler Market by region, estimates & forecasts, 2019-2028 (USD Million)

TABLE 10. Global Electric 3-wheeler Market by segment, estimates & forecasts, 2019-2028 (USD Million)

TABLE 11. Global Electric 3-wheeler Market by region, estimates & forecasts, 2019-2028 (USD Million)

TABLE 12. Global Electric 3-wheeler Market by segment, estimates & forecasts, 2019-2028 (USD Million)

TABLE 13. Global Electric 3-wheeler Market by region, estimates & forecasts, 2019-2028 (USD Million)

TABLE 14. Global Electric 3-wheeler Market by segment, estimates & forecasts, 2019-2028 (USD Million)

TABLE 15. Global Electric 3-wheeler Market by region, estimates & forecasts, 2019-2028 (USD Million)

TABLE 16. U.S. Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 17. U.S. Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 18. U.S. Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 19. Canada Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 20. Canada Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 21. Canada Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 22. UK Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 23. UK Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 24. UK Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 25. Germany Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 26. Germany Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 27. Germany Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 28. RoE Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 29. RoE Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 30. RoE Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 31. China Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 32. China Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 33. China Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 34. India Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 35. India Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 36. India Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 37. Japan Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 38. Japan Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 39. Japan Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 40. RoAPAC Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 41. RoAPAC Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 42. RoAPAC Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 43. Brazil Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 44. Brazil Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 45. Brazil Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 46. Mexico Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 47. Mexico Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 48. Mexico Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 49. RoLA Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 50. RoLA Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 51. RoLA Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 52. Row Electric 3-wheeler Market estimates & forecasts, 2019-2028 (USD Million)

TABLE 53. Row Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 54. Row Electric 3-wheeler Market estimates & forecasts by segment 2019-2028 (USD Million)

TABLE 55. List of secondary sources, used in the study of Global Electric 3-wheeler Market

TABLE 56. List of primary sources, used in the study of Global Electric 3-wheeler Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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