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Global Electric Three Wheelers 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

September 2022 | 200 pages | ID: G03B7F361FEBEN
Bizwit Research & Consulting LLP

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Global Electric Three Wheelers Market is valued at approximately USD 829.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5 % over the forecast period 2022-2028.
Electric three-wheelers are powered by electricity and come with batteries that have a longer lifespan and high torque motors. Tricycles are three-wheeled vehicles with a single front wheel and two rear wheels; a tadpole is a three-wheeled vehicle with two front wheels and a single back wheel. The introduction of several electric-powered vehicles to the three-wheeler manufacturing businesses has raised consumer interest in electric cars, which benefits the growth of the worldwide electric three-wheeler market. The eco-friendly and efficient solution is increasing the demand for affordable commercial vehicles. The passenger carrier segment has a market share of around 59.77% in the year 2021. Furthermore, the trend toward shared transportation is projected to continue to develop, and there will be more credit and financing choices available, which will open up an attractive potential for the expansion of the worldwide market for electric three-wheelers. In the battery segment, lithium-ion battery is dominating the market share of 43.33% in the year 2021. And the lead-acid battery is anticipated to grow with a CAGR of 7.5% in the forecast period. However, the absence of EV charging standards and the high cost of batteries are the two main issues limiting the growth of the worldwide market for electric three-wheelers. impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Electric Three Wheelers market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share due to the factors such as increasing public opinion towards electric vehicles and the major use of public transport. On other hand, Europe is expected to have the fastest growth in this market due to the rising investment in R&D to innovate technology for the electric mobility solution.

Major market players included in this report are:
Mahindra Electric Mobility Limited
Piaggio Transformed Vehicle
Atul Auto Limited
Terra Motors
Gayam Motor Works
Omega Seiki Mobility Pvt Ltd
Bobo Vehicle Group Co., Ltd.
Euler Motors
Baja Auto Limited
E-Tuk Factory


The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for 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 a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle
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 Three Wheelers 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 Three Wheelers Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Electric Three Wheelers Market, by Vehicle Type, 2020-2028 (USD Million)
  1.2.3. Global Electric Three Wheelers Market, by Power Type, 2020-2028 (USD Million)
  1.2.4. Global Electric Three Wheelers Market, by Battery Type, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ELECTRIC THREE WHEELERS 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 THREE WHEELERS MARKET DYNAMICS

3.1. Electric Three Wheelers Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing demand of electric powered vehicle
    3.1.1.2. Its eco-friendly, affordable and effective Solution
  3.1.2. Market Challenges
    3.1.2.1. Lack of standardization of EV charger
    3.1.2.2. High cost of battery
  3.1.3. Market Opportunities
    3.1.3.1. Rising trend of shared mobility
    3.1.3.2. Increasing support and investment of government

CHAPTER 4. GLOBAL ELECTRIC THREE WHEELERS 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 (2018-2028)
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 THREE WHEELERS MARKET, BY VEHICAL

6.1. Market Snapshot
6.2. Global Electric Three Wheelers Market by Component, Performance - Potential Analysis
6.3. Global Electric Three Wheelers Market Estimates & Forecasts by Component 2018-2028 (USD Million)
6.4. Electric Three Wheelers Market, Sub Segment Analysis
  6.4.1. Passenger carrier
  6.4.2. Load carrier

CHAPTER 7. GLOBAL ELECTRIC THREE WHEELERS MARKET, BY POWER TYPE

7.1. Market Snapshot
7.2. Global Electric Three Wheelers Market by Power Type, Performance - Potential Analysis
7.3. Global Electric Three Wheelers Market Estimates & Forecasts by Power Type 2018-2028 (USD Million)
7.4. Electric Three Wheelers 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 THREE WHEELERS MARKET, BY BATTERY TYPE

8.1. Market Snapshot
8.2. Global Electric Three Wheelers Market by Battery Type, Performance - Potential Analysis
8.3. Global Electric Three Wheelers Market Estimates & Forecasts by Battery Type 2018-2028 (USD Million)
8.4. Electric Three Wheelers Market, Sub Segment Analysis
  8.4.1. Lithium-ion
  8.4.2. Lead Acid

CHAPTER 9. GLOBAL ELECTRIC THREE WHEELERS MARKET, REGIONAL ANALYSIS

9.1. Electric Three Wheelers Market, Regional Market Snapshot
9.2. North America Electric Three Wheelers Market
  9.2.1. U.S. Electric Three Wheelers Market
    9.2.1.1. Vehicle estimates & forecasts, 2018-2028
    9.2.1.2. Power Type estimates & forecasts, 2018-2028
    9.2.1.3. Battery Type estimates & forecasts, 2018-2028
  9.2.2. Canada Electric Three Wheelers Market
9.3. Europe Electric Three Wheelers Market Snapshot
  9.3.1. U.K. Electric Three Wheelers Market
  9.3.2. Germany Electric Three Wheelers Market
  9.3.3. France Electric Three Wheelers Market
  9.3.4. Spain Electric Three Wheelers Market
  9.3.5. Italy Electric Three Wheelers Market
  9.3.6. Rest of Europe Electric Three Wheelers Market
9.4. Asia-Pacific Electric Three Wheelers Market Snapshot
  9.4.1. China Electric Three Wheelers Market
  9.4.2. India Electric Three Wheelers Market
  9.4.3. Japan Electric Three Wheelers Market
  9.4.4. Australia Electric Three Wheelers Market
  9.4.5. South Korea Electric Three Wheelers Market
  9.4.6. Rest of Asia Pacific Electric Three Wheelers Market
9.5. Latin America Electric Three Wheelers Market Snapshot
  9.5.1. Brazil Electric Three Wheelers Market
  9.5.2. Mexico Electric Three Wheelers Market
9.6. Rest of The World Electric Three Wheelers Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Mahindra Electric Mobility 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. Piaggio Transformed Vehicle
  10.2.3. Atul Auto Limited
  10.2.4. Terra Motors
  10.2.5. Gavam Motor Works
  10.2.6. Omega Seiki Mobility Pvt Ltd
  10.2.7. Bobo Vehicle Group Co., Ltd.
  10.2.8. Euler Motors
  10.2.9. Baja Auto Limited
  10.2.10. E-Tuk Factory

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 Three Wheelers Market, report scope
TABLE 2. Global Electric Three Wheelers Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Electric Three Wheelers Market estimates & forecasts by Vehicle Type 2018-2028 (USD Million)
TABLE 4. Global Electric Three Wheelers Market estimates & forecasts by Power Type 2018-2028 (USD Million)
TABLE 5. Global Electric Three Wheelers Market estimates & forecasts by Battery Type 2018-2028 (USD Million)
TABLE 6. Global Electric Three Wheelers Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Electric Three Wheelers Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Electric Three Wheelers Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Electric Three Wheelers Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Electric Three Wheelers Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Electric Three Wheelers Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Electric Three Wheelers Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Electric Three Wheelers Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Electric Three Wheelers Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Electric Three Wheelers Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Electric Three Wheelers Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Electric Three Wheelers Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Electric Three Wheelers Market
TABLE 56. List of primary sources, used in the study of global Electric Three Wheelers Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Electric Three Wheelers Market, research methodology
FIG 2. Global Electric Three Wheelers Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Three Wheelers Market, key trends 2021
FIG 5. Global Electric Three Wheelers Market, growth prospects 2022-2028
FIG 6. Global Electric Three Wheelers Market, porters 5 force model
FIG 7. Global Electric Three Wheelers Market, pest analysis
FIG 8. Global Electric Three Wheelers Market, value chain analysis
FIG 9. Global Electric Three Wheelers Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Electric Three Wheelers Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Electric Three Wheelers Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Electric Three Wheelers Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Electric Three Wheelers Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Electric Three Wheelers Market, regional snapshot 2018 & 2028
FIG 15. North America Electric Three Wheelers Market 2018 & 2028 (USD Million)
FIG 16. Europe Electric Three Wheelers Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Electric Three Wheelers Market 2018 & 2028 (USD Million)
FIG 19. Global Electric Three Wheelers Market, company Market share analysis (2021)


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