India Electric Three-Wheeler Market Size- By Vehicle Type, By Battery Type, By Drive Type, By Motor Type, By Power Output, By Voltage Capacity- Regional Outlook, Competitive Strategies, and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER market research, 'India Electric Three-Wheeler Market Size- By vehicle, By Battery Type, By Drive Type, By Motor Type, By Power Output, By Volatage Capacity '- Regional Outlook, Competitive Strategies, and Segment Forecast to 2033' state that the India Electric Three-Wheeler Market is predicted to reach USD 1.87 billion by 2033 with a CAGR of 16.01%.

Electric three-wheelers are driven by electricity and have motors with great torque and batteries with extended lifespans. A tricycle is a three-wheeled vehicle with two rear wheels and one front wheel, whereas a tadpole is a vehicle with two front wheels and one back wheel. Electric three-wheelers are more widely used in a variety of industries, including local passenger transportation and intercity freight and service transportation.

The market faced uncertainty during the COVID-19 crisis as government's worldwide enforced total lockdowns and temporary industry shutdowns. This significantly disrupted the global production and sales of electric three-wheelers. Additionally, the pandemic affected the income sources of electric three-wheeler drivers, particularly in the passenger sector, leading to a notable rise in loan defaults. This, in turn, triggered a chain reaction as reduced access to financial facilities further hampered electric three-wheeler sales.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Vehicle Type, By Battery Type, By Drive Type, By Motor Type, By Power Output, By Voltage Capacity

Regions covered: North India, East India, West and Central India, South India

Companies Covered: TVS Motors, Bajaj Auto Limited, Kinetic Green, Piaggio, Lohia Auto (The Lohia Group of Industries), Saera Electric Auto, Altigreen Propulsion Labs, Terra Motors India, and Ceeon India

Market Segmentation

By Vehicle: Based on the Vehicle, India Electric Three-Wheeler Market is segmented into Load carrier and Passenger Carrier.

By Battery Type: Based on the Battery Type, India Electric Three-Wheelers Market is segmented into Lead Acid and Lithium Ion.

By Drive Type: Based on the Drive Type, the India Electric Three-wheeler Market is segmented into the Hub Type and chassis Mounted.

By Voltage Capacity: Based on the Voltage Capacity, India Electric Three-Wheeler Market is segmented into 48-59V, 60-72V, 73-96V, and Above 96V.

Product Code: AMIN2429

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges Analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the India Electric Three-Wheeler Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. India Electric Three-Wheeler Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Electric Three-Wheeler Market

7. India Electric Three-Wheeler Market, By Vehicle Type (USD Million)

7.1. India Electric Three-Wheeler Market Value Share and Forecast, By Vehicle Type, 2023-2033
7.2. Load Carrier
7.3. Passenger Carrier

8. India Electric Three-Wheeler Market, By Battery Type (USD Million)

8.1. India Electric Three-Wheeler Market Value Share and Forecast, By Battery Type 2023-2033
8.2. Lead Acid
8.3. Lithium Ion

9. India Electric Three-Wheeler Market, By Drive Type (USD Million)

9.1. India Electric Three-Wheeler Market Value Share and Forecast, By Drive Type, 2023-2033
9.2. Hub Type
9.3. Chassis Mounted

10. India Electric Three-Wheeler Market, By Motor Type (USD Million)

10.1. India Electric Three-Wheeler Market Value Share and Forecast, By Motor Type, 2023-2033
10.2. BLDC Motor
10.3. PMSM

11. India Electric Three-Wheeler Market, By Voltage Capacity (USD Million)

11.1. India Electric Three-Wheeler Market Value Share and Forecast, By Voltage Capacity, 2023-2033
11.2. 48-59V
11.3. 60-72
11.4. 73-96V
11.5. Above 96v

12. India Electric Three-Wheeler Market, By Power Output (USD Million)

12.1. India Electric Three-Wheeler Market Value Share and Forecast, By Power Output, 2023-2033
12.2. <3kW
12.3. 3-6 kW
12.4. 7-10 kW
12.5. >10kW

13. India Electric Three-Wheeler Market Forecast, 2019-2033 (USD Million)

13.1. India Electric Three-Wheeler Market Size and Market Share

14. India Electric Three-Wheeler Market, By Vehicle Type 2019-2033 (USD Million)

14.1. India Electric Three-Wheeler Market Size and Market Share By Vehicle Type (2019-2026)
14.2. India Electric Three-Wheeler Market Size and Market Share By Vehicle Type (2027-2033)

15. India Electric Three-Wheeler Market, By Battery Type, 2019-2033 (USD Million)

15.1. India Electric Three-Wheeler Market Size and Market Share By Battery Type (2019-2026)
15.2. India Electric Three-Wheeler Market Size and Market Share By Battery Type (2027-2033)

16. India Electric Three-Wheeler Market, By Drive Type, 2019-2033 (USD Million)

16.1. India Electric Three-Wheeler Market Size and Market Share By Drive Type (2019-2026)
16.2. India Electric Three-Wheeler Market Size and Market Share By Drive Type (2027-2033)

17. India Electric Three-Wheeler Market, By Motor Type, 2019-2033 (USD Million)

17.1. India Electric Three-Wheeler Market Size and Market Share By Motor Type (2019-2026)
17.2. India Electric Three-Wheeler Market Size and Market Share By Motor Type (2027-2033)

18. India Electric Three-Wheeler Market, By Power Output, 2019-2033 (USD Million)

18.1. India Electric Three-Wheeler Market Size and Market Share By Power Output (2019-2026)
18.2. India Electric Three-Wheeler Market Size and Market Share By Power Output (2027-2033)

19. India Electric Three-Wheeler Market, By Voltage Capacity, 2019-2033 (USD Million)

19.1. India Electric Three-Wheeler Market Size and Market Share By Voltage Capacity, (2019-2026)
19.2. India Electric Three-Wheeler Market Size and Market Share By Voltage Capacity, (2027-2033)

20. India Electric Three-Wheeler Market, By Region, 2019-2033 (USD Million)

20.1. India Electric Three-Wheeler Market Size and Market Share By Region (2019-2026)
20.2. India Electric Three-Wheeler Market Size and Market Share By Region (2027-2033)
20.3. India
20.4. North India
20.5. East India
20.6. West and Central India
20.7. South India

21. Company Profile

21.1. Altigreen Propulsion Labs
- 21.1.1. Company details
- 21.1.2. Financial outlook
- 21.1.3. Product summary
- 21.1.4. Recent developments
21.2. Bajaj Auto Limited
- 21.2.1. Company details
- 21.2.2. Financial outlook
- 21.2.3. Product summary
- 21.2.4. Recent developments
21.3. Ceeon India
- 21.3.1. Company details
- 21.3.2. Financial outlook
- 21.3.3. Product summary
- 21.3.4. Recent developments
21.4. Kinetic Green
- 21.4.1. Company details
- 21.4.2. Financial outlook
- 21.4.3. Product summary
- 21.4.4. Recent developments
21.5. Lohia Auto (The Lohia Group of Industries)
- 21.5.1. Company details
- 21.5.2. Financial outlook
- 21.5.3. Product summary
- 21.5.4. Recent developments
21.6. Mahindra Electric Mobility Limited
- 21.6.1. Company details
- 21.6.2. Financial outlook
- 21.6.3. Product summary
- 21.6.4. Recent developments
21.7. Piaggio
- 21.7.1. Company details
- 21.7.2. Financial outlook
- 21.7.3. Product summary
- 21.7.4. Recent developments
21.8. Saera Electric Auto
- 21.8.1. Company details
- 21.8.2. Financial outlook
- 21.8.3. Product summary
- 21.8.4. Recent developments
21.9. Terra Motors India
- 21.9.1. Company details
- 21.9.2. Financial outlook
- 21.9.3. Product summary
- 21.9.4. Recent developments
21.10. TVS Motors
- 21.10.1. Company details
- 21.10.2. Financial outlook
- 21.10.3. Product summary
- 21.10.4. Recent developments
21.11. Others