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First time in Indiau2019s automobile market history, have surpassed the sales of internal combustion engine-powered three-wheelers. Currently, the electric three-wheeler is estimated to hold around 59% share of the total three-wheeler market in 2022.
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Published Oct 2022 Electric Three Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 info@rationalstat.com | rationalstat.com
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 Table of Contents 1.Market Introduction 1.1.Scope of Study 1.2.Problem Statement 1.3.Market Segmentation 2.Assumptions and Acronyms 3.Executive Summary 3.1.India and Global Market in 2022 3.2.Analyst Insights & Recommendations 3.3.Growth Opportunities and Key Strategies 3.4.Supply-side and Demand-side Trends 4.Research Methodology 5.Analysis of COVID-19 Impact and Road Ahead 6.Market Indicators and Background 6.1.Macro-Economic Factors 6.2.Forecasting Factors Robust assessment of various factors including industrial performance, industry players’ expenditures, and economic conditions, among others 6.3.Supply Chain & Value Chain Analysis 6.3.1.Raw Material Suppliers 6.3.1.1.Steel and Aluminum Components Providers 6.3.1.2.Battery Providers 6.3.1.3.Tire and Wheel Providers 6.3.1.4.Electric and electronics Cables and Components Suppliers 6.3.2.Assemblers 6.3.3.Distributors and Traders 6.3.4.End Users 6.4.Industry SWOT Analysis 6.5.PESTLE Analysis 6.6.Porter’s Five Forces Analysis 7.Government Laws and Industry Regulations 8.India and Regional Market Dynamics 8.1.Drivers 8.2.Restraints 8.3.Trends 8.4.Opportunities 9.India Electric Three-Wheeler Market: Technology Assessment Robust assessment of key technologies incorporated during the production of different types of Electric Three-Wheeler that are commercialized in the marketplace 10.Trade Analysis (2019-2022E) 10.1.Export Data in Value (US$ million) and Volume (in units) 10.2.Import Data Value (US$ million) and Volume (in units) 11.Pricing Analysis 11.1.By Fleet Type 11.1.1.Passenger Fleet Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 11.1.1.1.Paratransit Fleet 11.1.1.2.Feeder Transport Fleet 11.2.Cargo Fleet 11.2.1.1.Courier Fleet 11.2.1.2.Grocery Delivery Fleet 11.3.By Region 11.3.1.North India 11.3.1.1.Delhi 11.3.1.2.Uttar Pradesh 11.3.1.3.Chandigarh 11.3.1.4.Rest of North India 11.4.West and Central India 11.4.1.1.Gujarat 11.4.1.2.Rajasthan 11.4.1.3.Madhya Pradesh 11.4.1.4.Rest of West and Central India 11.5.East India 11.5.1.1.Sikkim 11.5.1.2.Bihar 11.5.1.3.West Bengal 11.5.1.4.Jharkhand 11.5.1.5.Arunachal Pradesh 11.5.1.6.Rest of East India 11.5.2.South India 11.5.2.1.Andhra Pradesh 11.5.2.2.Tamil Nadu 11.5.2.3.Maharashtra 11.5.2.4.Chhattisgarh 11.5.2.5.Odisha 11.5.2.6.Rest of South India 12.Parent Market Overview 12.1.India Electric Vehicle Market Overview and Outlook 12.2.India Automotive Industry Analysis and Forecast 13.Segmental Analysis 13.1.India Electric Three-Wheeler Market by Fleet Type 13.1.1.Passenger Fleet 13.1.1.1.Paratransit Fleet 13.1.1.2.Feeder Transport Fleet 13.1.2.Cargo Fleet 13.1.2.1.Courier Fleet 13.1.2.2.Grocery Delivery Fleet 13.2.India Electric Three-Wheeler Market by Charging Type 13.2.1.Plug-in Charging 13.2.1.1.Fixed EVSE 13.2.1.2.Portable EVSE 13.2.2.Battery Swapping 13.2.2.1.Individual Battery Charging 13.2.2.2.Stack Battery Charging Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 13.3.India Electric Three-Wheeler Market by Battery Type 13.3.1.Lead Acid Battery 13.3.2.Lithium-ion Battery 13.4.India Electric Three-Wheeler Market by Sales Channel 13.4.1.Company Owned Dealers 13.4.2.Franchise Stores 13.4.3.Others (Third Party Dealers) 13.5.India Electric Three-Wheeler Market by Demography 13.5.1.Rural 13.5.2.Urban 13.5.2.1.Tier I Cities 13.5.2.2.Tier II Cities 13.5.2.3.Tier III Cities 13.6.India Electric Three-Wheeler Market by Region 13.6.1.North India 13.6.1.1.Delhi NCR 13.6.1.2.Uttar Pradesh 13.6.1.3.Rest of North India 13.6.2.West and Central India 13.6.2.1.Mumbai 13.6.2.2.Pune 13.6.2.3.Nagpur 13.6.2.4.Rest of Maharashtra 13.6.2.5.Indore 13.6.2.6.Bhopal 13.6.2.7.Rest of Madhya Pradesh 13.6.2.8.Ahmedabad 13.6.2.9.Surat 13.6.2.10.Rest of Gujarat 13.6.2.11.Jaipur 13.6.2.12.Rest of Rajasthan 13.6.2.13.Rest of West & Central 13.6.3.East India 13.6.3.1.Kolkata 13.6.3.2.Orissa 13.6.3.3.Rest of West Bengal 13.6.3.4.North Eastern States 13.6.3.5.Rest of East India 13.6.4.South India 13.6.4.1.Chennai 13.6.4.2.Hyderabad 13.6.4.3.Kochi 13.6.4.4.Bangalore 13.6.4.5.Rest of South India 14.Regional Analysis 14.1.North India Electric Three-Wheeler Market Analysis and Forecast 2019-2028 14.1.1.Regional Market Overview and Key Takeaways 14.1.2.North India Electric Three-Wheeler Market by Fleet Type Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 14.1.3.North India Electric Three-Wheeler Market by Charging Type 14.1.4.North India Electric Three-Wheeler Market by Battery Type 14.1.5.North India Electric Three-Wheeler Market by Sales Channel 14.1.6.North India Electric Three-Wheeler Market by Demography 14.1.7.North India Electric Three-Wheeler Market by State 14.1.7.1.Delhi 14.1.7.2.Uttar Pradesh 14.1.7.3.Chandigarh 14.1.7.4.Rest of North India 14.2.East India Electric Three-Wheeler Market Analysis and Forecast 2019-2028 14.2.1.Regional Market Overview and Key Takeaways 14.2.2.East India Electric Three-Wheeler Market by Fleet Type 14.2.3.East India Electric Three-Wheeler Market by Charging Type 14.2.4.East India Electric Three-Wheeler Market by Battery Type 14.2.5.East India Electric Three-Wheeler Market by Sales Channel 14.2.6.East India Electric Three-Wheeler Market by Demography 14.2.7.East India Electric Three-Wheeler Market by State 14.2.7.1.Sikkim 14.2.7.2.Bihar 14.2.7.3.West Bengal 14.2.7.4.Jharkhand 14.2.7.5.Arunachal Pradesh 14.2.7.6.Rest of East India 14.3.South India Electric Three-Wheeler Market Analysis and Forecast 2019-2028 14.3.1.Regional Market Overview and Key Takeaways 14.3.2.South India Electric Three-Wheeler Market by Fleet Type 14.3.3.South India Electric Three-Wheeler Market by Charging Type 14.3.4.South India Electric Three-Wheeler Market by Battery Type 14.3.5.South India Electric Three-Wheeler Market by Sales Channel 14.3.6.South India Electric Three-Wheeler Market by Demography 14.3.7.South India Electric Three-Wheeler Market by State 14.3.7.1.Andhra Pradesh 14.3.7.2.Tamil Nadu 14.3.7.3.Chhattisgarh 14.3.7.4.Odisha 14.3.7.5.Rest of South India 14.4.West and Central India Electric Three-Wheeler Market Analysis and Forecast 2019-2028 14.4.1.Regional Market Overview and Key Takeaways 14.4.2.West and Central India Electric Three-Wheeler Market by Fleet Type 14.4.3.West and Central India Electric Three-Wheeler Market by Charging Type 14.4.4.West and Central India Electric Three-Wheeler Market by Battery Type 14.4.5.West and Central India Electric Three-Wheeler Market by Sales Channel 14.4.6.West and Central India Electric Three-Wheeler Market by Demography 14.4.7.West and Central India Electric Three-Wheeler Market by State 14.4.7.1.Gujarat 14.4.7.2.Rajasthan 14.4.7.3.Madhya Pradesh 14.4.7.4.Rest of West and Central India Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 15.Competitive Landscape 15.1.Competition Dashboard 15.1.1.India and Regional Market Share Analysis 15.1.2.Market Structure 15.2.Competitive Benchmarking 15.3.Key Strategy Analysis 15.4.Company Profiles 15.4.1.YC Electric 15.4.1.1.Company Overview 15.4.1.2.Product/Service Offerings 15.4.1.3.Financials 15.4.1.4.Recent Developments 15.4.2.Mahindra Electric Mobility 15.4.2.1.Company Overview 15.4.2.2.Product/Service Offerings 15.4.2.3.Key Financials 15.4.2.4.Recent Developments 15.4.3.Saera 15.4.3.1.Company Overview 15.4.3.2.Product/Service Offerings 15.4.3.3.Key Financials 15.4.3.4.Recent Developments 15.4.4.Champion 15.4.4.1.Company Overview 15.4.4.2.Product/Service Offerings 15.4.4.3.Financials 15.4.4.4.Recent Developments 15.4.5.Dilli 15.4.5.1.Company Overview 15.4.5.2.Product/Service Offerings 15.4.5.3.Financials 15.4.5.4.Recent Developments 15.4.6.Bestway 15.4.6.1.Company Overview 15.4.6.2.Product/Service Offerings 15.4.6.3.Financials 15.4.6.4.Recent Developments 15.4.7.Unique International 15.4.7.1.Company Overview 15.4.7.2.Product/Service Offerings 15.4.7.3.Financials 15.4.7.4.Recent Developments 15.4.8.Kinetic Green 15.4.8.1.Company Overview 15.4.8.2.Product/Service Offerings 15.4.8.3.Financials 15.4.8.4.Recent Developments 15.4.9.Lohia Auto Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 15.4.9.1.Company Overview 15.4.9.2.Product/Service Offerings 15.4.9.3.Financials 15.4.9.4.Recent Developments 15.4.10.Piaggio Vehicles Pvt. Ltd 15.4.10.1.Company Overview 15.4.10.2.Product/Service Offerings 15.4.10.3.Financials 15.4.10.4.Recent Developments 15.4.11.Gayam Motor Works (GMW) 15.4.11.1.Company Overview 15.4.11.2.Product/Service Offerings 15.4.11.3.Financials 15.4.11.4.Recent Developments 15.4.12.Atul Auto 15.4.12.1.Company Overview 15.4.12.2.Product/Service Offerings 15.4.12.3.Financials 15.4.12.4.Recent Developments 16.Disclaimer Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 As government support, policies, and initiatives increase and last-mile logistics increase, the electric three-wheeler market will grow rapidly. Growing concerns about environmental pollution, and increased range per charge The market is expected to grow at CAGR of 8.5%, driven by significant government policies vehicle The main factors driving India's market for electric three-wheelers include favorable policies and subsidies, the huge investment made by automakers in EV technology, increasing concerns over environmental pollution, and a greater car range per charge. The main factors negatively affecting the growth of the market include insufficient standardization charging rules for EVs and a growing concern disposal of depleted EV batteries government of Source: RationalStat Analysis, 2022 about the the number of electric vehicles within commercial fleets. Government Regulations and Norms Market competitive landscape structure and Gas-powered three- wheeler dominated in three-wheeler A few of the policies that are driving the desire for electric three- wheelers across include National Electric Mobility Mission Plan (NEMMP 2020), National Urban Transport Policy (NUTP), FAME I and FAME II Draft Delhi Electric Vehicle Policy 2018 Karnataka Electric Vehicle and Energy Storage Maharashtra Electric Vehicle Policy 2018 as well as Telangana Draft Electric Vehicle Policy 2017 among others. Players operating in the electric three-wheelers market are focused on collaborations, acquisitions, and partnerships. Players are adopting various strategies to gain a competitive edge and first-mover advantage in the market. the country The cost of running electric three- wheelers, which can save between 70% and 80% over the current gas- powered three-wheeler, is the principal reason for introducing electric three-wheelers commercial usage. According to the RationalStat analysis, prominent contributing significantly to the electric three-wheelers market include YC Electric, Mahindra Electric Mobility, Saera, Champion, Dilli, Bestway, International, Kinetic Green, Lohia Auto, Piaggio Vehicles Pvt. Ltd, Gayam Motor Works (GMW), and Atul Auto among others. players for Policy 2017, Additionally, the operating cost of a traditional petrol three-wheeler is around 4 per km, while the electric option is approximately 0.5 per mile. Furthermore, electric three- wheelers can also be expected to hold an important share of the market for electric vehicles. Unique The government announced a spending plan of INR 10,000 crores for the Phase II of the FAME scheme. The aim is to promote electric mobility and to increase Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 Electric Three-Wheelers Market Growth Opportunity Analysis & Forecast by Battery Type, 2019-2028 (US$ Million) Breakup by Breakup by BatteryType BatteryType 2019(H) 2019(H) 2020(H) 2020(H) 2021(H) 2021(H) 2022(E) 2022(E) 2023(F) 2023(F) 2024(F) 2024(F) 2025(F) 2025(F) 2026(F) 2026(F) 2027(F) 2027(F) 2028(F) 2028(F) Lead Acid Battery XX XX XX XX XX XX XX XX XX XX Lithium-ion Battery XX XX XX XX XX XX XX XX XX XX Other (Gas- powered etc.) XX XX XX XX XX XX XX XX XX XX Total Total XX XX XX XX XX XX XX XX XX XX Electric Three-Wheelers Market Breakup by Region, 2022 (%) Click here to purchase online!
Electric Three-Wheelers Market Investment, Growth Opportunity & Analysis, 2019-2028 Sources considered for the report Primary Sources •Extensive primary interviews were conducted during the research study. Over 120 industry specialists were contacted while conducting the research study to gather market insights. The primary interviews have been conducted with specialists across the value chain ranging from the service providers to end users, across the globe. Secondary Sources •Annual reports, company filings, investor presentations, product catalogs, white papers, research reports, trade fairs, Robotic Industries Association, International Federation of Robotics, and company documents. •Available industry and market-related documents in the public domain. •Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, Thomson Reuters, among others. •Whitepapers, research papers, and industry blogs Why buys this report? The report provides an in-depth analysis of market size, consumption pattern, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions. The report is intended for India’s electric three-wheeler market manufacturers and suppliers, government organizations, educational organizations, regulatory agencies, and market research firms, among others. About RationalStat LLC RationalStat is a global market intelligence partner dedicated to offer in-depth insight and recommendations to a varied clientele of medium and large-sized corporations. We provide cost-effective, accurate, and insightful business intelligence to our clients within tight timeframes. We offer a host of comprehensive market research reports, industry trackers, macroeconomic research, and subscription services, covering many sectors. Our team of accomplished sectoral analysts, economists, and industry specialists produce comprehensive analysis and rigorous market studies to guide investment decisions and growth strategies. For Procurement, unlike many other research solutions on the market today, RationalStat caters directly to procurement professionals. Our research follows a consistent table of contents, meaning you can easily find what you need. Contact us RationalStat LLC 2055 Limestone Rd STE 200-C, Wilmington, DE 19808, USA Web: rationalstat.com Call: +1 302-803-5429 Email: info@rationalstat.com Click here to purchase online!