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市場調查報告書
商品編碼
1518579

2024-2032年按車輛類型(客車、載重車)、功率類型(1000W以下、1000W至1500W、1500W以上)、電池類型(鋰離子、鉛酸)和地區分類的電動三輪車市場報告

Electric Three-Wheeler Market Report by Vehicle Type (Passenger Carrier, Load Carrier), Power Type (Up To 1000W, 1000W To 1500W, Above 1500W), Battery Type (Lithium-Ion, Lead Acid), and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 140 Pages | 商品交期: 2-3個工作天內

價格

IMARC Group年,全球電動三輪車市場規模達7.223億美元。對環保運輸的需求不斷成長、有利的政府政策和激勵措施、電池技術的進步、燃料價格的上漲以及客運和貨運應用的擴大是推動市場成長的一些因素。

電動三輪車市場分析:

主要市場促進因素:由於城市人口不斷增加、嚴格的排放標準、政府激勵措施以及對電動車(EV)採用的財政支持,市場正在經歷強勁成長。此外,與傳統汽車相比,電池技術的改進和整體擁有成本的降低也促進了市場的成長。

主要市場趨勢:電池技術的進步、智慧功能和物聯網 (IoT) 在車輛中的融入以及共享出行選項的興起正在加強市場成長。人們也轉向使用鋰離子 (Li-ion) 電池來取代傳統的鉛酸電池。

地理趨勢:亞太地區主導市場,主要是因為環境問題日益嚴重以及政府法規的支持。

競爭格局:該行業的一些主要市場參與者包括Atul Auto Limited、E-Tuk Factory、Goenka Electric Motor Vehicles Private Limited、江蘇金鵬Group Limited、Kinetic Green Energy & Power Solutions Ltd、Lohia Auto Industries、 Mahindra & Mahindra Limited 、Omega Seiki Mobility、Piaggio & C.SpA、Scooters India Limited、Terra Motors Corporation 等。

挑戰與機會:電動三輪車的初始成本較高、充電基礎設施有限、電池處置問題是影響電動三輪車市場收入的一些挑戰。儘管如此,技術進步、充電網路擴張以及電動車在已開發和發展中地區的日益普及都存在機遇。

電動三輪車市場趨勢:

都市化進程不斷加快以及對具有成本效益的交通的需求

隨著城市人口的增加,對經濟實惠、高效且環保的交通選擇的需求不斷增加,特別是在人口稠密的地區。在交通擁擠和污染嚴重的地區,電動三輪車是短途出行和最後一哩路連接的完美解決方案。與傳統內燃機車輛相比,這些車輛減少了營運和維護費用,吸引了個人通勤者和商業車隊營運商。經濟優勢以及環保交通的必要性正在推動電動三輪車市場的成長。它們的緊湊尺寸、零排放和成本效益解決了城市交通的獨特挑戰,使其越來越受歡迎。 2024 年 6 月,Omega Seiki Mobility 發布了兩款電動三輪車,即配備可更換電池的 OSM Stream City ATR 和配備固定電池的 Stream City 8.5,專為城市出行而設計。

合作計劃和策略夥伴關係

製造商、電池供應商、科技公司和政府實體之間的合作努力和策略聯盟正在加快電動三輪車的改進和推廣。共同開發的夥伴關係和協議使利益相關者能夠整合資源和知識,提高車輛性能並減少開支。合作研究活動旨在改進電池技術並整合必要的智慧功能以擴展市場。汽車製造商和充電站提供者之間的合作改善了充電選項的整合和可近性,這有助於克服廣泛使用的主要障礙。這些合作簡化了生產流程,為電動三輪車創造了良好的環境。所有相關方之間的合作可以幫助解決技術和經濟障礙,從而形成更穩定和環保的電動三輪車產業。根據電動三輪車市場的最新發展,2023 年 8 月,Omega Seiki Mobility 與旁遮普國家銀行 (PNB) 合作,提高零售電動車的可用性並簡化電動三輪車的融資。該合作夥伴計劃在接下來的三年內為另外 7,500 輛電動車 (EV) 提供總計 30 億印度盧比的資金。

政府激勵措施和環境政策

許多國家的當局正在實施減少碳排放和促進採用永續交通的策略。政府以補貼、稅收減免和補助等形式提供的財政支持正在降低成本,提高電動三輪車對製造商和買家的吸引力。有關排放標準的規定也促使傳統內燃機三輪車製造商轉向電動車款。他們還對充電基礎設施進行了大量投資,並向車隊營運商提供激勵措施以鼓勵電動車的採用。這些措施不僅降低了電動三輪車的前期成本,也增強了用戶信心和市場採用率。印度政府於2024年3月13日啟動了2024年電動交通促進計劃,預算為50億印度盧比,透過補貼從2024年4月1日至2024年7月31日期間支持372,215輛電動二輪車和三輪車。

電動三輪車市場區隔:

IMARC Group提供了每個細分市場主要電動三輪車市場趨勢的分析,以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據車輛類型、動力類型和電池類型對市場進行了分類。

按車輛類型分類:

客運航空公司

負載載體

客運航空公司佔大部分市場佔有率

該報告根據車輛類型對市場進行了詳細的細分和分析。這包括客運運輸車和貨運運輸車。報告稱,客運航空公司是最大的細分市場。

由於城市對經濟實惠、高效且環保的交通選擇的需求不斷成長,客運航空公司佔據了最大的市場佔有率。這些車輛廣泛用於短途旅行和最後一英里的連接,為傳統的機動三輪車和公共交通系統提供了便捷的替代方案。城市化進程的不斷加快以及政府的激勵措施和優惠政策正在鼓勵電動車的採用。 IMARC Group預計,到 2032 年,市場銷售將達到 3.813 億台。

按電源類型分類:

高達 1000W

1000W至1500W

1500W以上

1000W至1500W引領市場,佔據最大電動三輪車市場佔有率

報告還根據電源類型對市場進行了詳細的細分和分析。這包括 1000W 以下、1000W 至 1500W 以及 1500W 以上。報告顯示,1000W至1500W佔據了最大的市場佔有率。

1000W至1500W因其功率、效率和成本效益的理想組合而佔據了大部分市場佔有率。此功率範圍內的車輛非常適合城市和城鄉結合部地區,提供足夠的動力在城市交通中行駛,同時還能節能。它們為運輸乘客和貨物提供可靠的性能,使其用途廣泛,深受個人和商業營運商的歡迎。馬達和電池技術的發展正在提高此類電動三輪車的性能,從而增加續航里程和更快的充電速度。 1000W至1500W細分市場引領市場,滿足廣大用戶群多樣化的交通需求。

按電池類型分類:

鋰離子

鉛酸

鋰離子在市場上表現出明顯的主導地位

報告還根據電池類型對市場進行了詳細的細分和分析。這包括鋰離子和鉛酸。報告稱,鋰離子電池佔據最大的市場佔有率。

根據電動三輪車市場前景,鋰離子電池是主要細分市場。根據IMARC Group預測,2023年全球鋰離子電池市場規模將達510億美元。鋰離子電池因其更高的能量密度、更長的使用壽命和快速充電能力而受到青睞。這些電池可提高效能和效率,從而增加每次充電的行駛里程並降低維護費用。此外,受技術進步和規模經濟的影響,鋰離子電池的成本降低,使得電動三輪車生產商能夠更輕鬆、更經濟地使用它們。

按地區分類:

北美洲

美國

加拿大

亞太

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

亞太地區佔產業最大佔有率

該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,亞太地區是電動三輪車最大的區域市場。

亞太地區在市場上佔據主導地位,這主要是由於快速的城市化、公眾對環境問題的日益關注以及有利的政府法規。聯合國開發計畫署(UNDP)《數位中國(2023)》報告顯示,自1982年以來,常年居住在一個地方的人口城鎮化率增加了三倍多,到2023年將達到66.2%。該地區龐大的人口以及對經濟高效的城市交通選擇的日益渴望正在推動電動三輪車的需求。政府對電動車採用的援助和財政支持,加上燃油價格的上漲,使得電動三輪車與傳統汽車相比成為經濟高效的選擇。此外,憑藉強大的製造基礎和先進的電池技術,亞太地區在全球市場中處於領先地位。

競爭格局:

市場研究報告也對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。該行業的一些主要市場參與者包括Atul Auto Limited、E-Tuk Factory、Goenka Electric Motor Vehicles Private Limited、江蘇金鵬Group Limited、Kinetic Green Energy & Power Solutions Ltd.、Lohia Auto Industries、Mahindra & Mahindra Limited、Omega Seiki Mobility、Piaggio & C.SpA、Scooters India Limited 和Terra Motors Corporation。

(請注意,這只是關鍵參與者的部分列表,報告中提供了完整列表。)

電動三輪車公司正在優先考慮擴大產品範圍、升級電池技術和提高車輛性能等策略行動,以鞏固其市場地位。他們正在投資研究業務,以將智慧連接和增強的安全措施等先進功能融入其產品中。此外,這些企業正在建立策略聯盟和合作夥伴關係,以加強其分銷管道並擴展到新的地理區域。 2023 年,Voi Mobility 與 BILITI Electric 合作,在英國測試用於管理電動滑板車的電動嘟嘟車,從而實現最後一英里的交通解決方案。 BILITI 的 Taskman e-3W 在布里斯托投入使用,執行更換電池和維護等任務,以協助支援環保運輸服務。

電動三輪車市場新聞:

2024年3月:Atul Auto Limited完成對其子公司Atul Greentech Private Limited(AGPL)1.999億盧比的策略投資,獲得80%股權。此舉旨在透過增強 AGPL 生產電動三輪車和提供電動車零件的能力,增強 Atul Auto 在電動車領域的影響力。

2023 年 8 月:Mahindra Last Mile Mobility 推出了 Mahindra e-Alfa Super,續航里程增加了 20%,安全功能增強,並提供全面的保固。這款新型電動人力車憑藉其更大的續航里程、一流的安全性和舒適性,將成為駕駛員合作夥伴最可行的自營職業選擇。

2023 年 2 月:比亞喬汽車公司在菲律賓推出電動三輪車 Ape Electrik,以實現最後一英里的旅行。該車輛將在 PVPL 位於馬哈拉施特拉邦的 Baramati 製造工廠生產。

本報告回答的關鍵問題

  • 2023年全球電動三輪車市場規模是多少
  • 2024-2032年全球電動三輪車市場預計成長率是多少
  • 推動全球電動三輪車市場的關鍵因素是什麼
  • COVID-19 對全球電動三輪車市場有何影響
  • 全球電動三輪車市場依車型分類是怎樣的
  • 全球電動三輪車市場依動力類型分類如何
  • 根據電池類型,全球電動三輪車市場的細分如何
  • 全球電動三輪車市場的重點區域有哪些
  • 誰是全球電動三輪車市場的主要參與者/公司

本報告回答的關鍵問題

  • 2023年全球電動三輪車市場規模有多大?
  • 2024-2032年全球電動三輪車市場的預期成長率是多少?
  • 推動全球電動三輪車市場的關鍵因素是什麼?
  • COVID-19 對全球電動三輪車市場有何影響?
  • 全球電動三輪車市場依車型分類如何?
  • 全球電動三輪車市場依動力類型分類如何?
  • 根據電池類型,全球電動三輪車市場的細分如何?
  • 全球電動三輪車市場的重點區域有哪些?
  • 全球電動三輪車市場的主要參與者/公司有哪些?

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球電動三輪車市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:市場區隔:依車輛類型

  • 客運航空公司
    • 市場走向
    • 市場預測
  • 負載載體
    • 市場走向
    • 市場預測

第 7 章:市場區隔:按功率類型

  • 高達 1000W
    • 市場走向
    • 市場預測
  • 1000W至1500W
    • 市場走向
    • 市場預測
  • 1500W以上
    • 市場走向
    • 市場預測

第 8 章:市場細分:按電池類型

  • 鋰離子
    • 市場走向
    • 市場預測
  • 鉛酸
    • 市場走向
    • 市場預測

第 9 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場走向
    • 市場細分:按國家/地區
    • 市場預測

第 10 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章:價格分析

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Atul Auto Limited
    • E-Tuk Factory
    • Goenka Electric Motor Vehicles Private Limited
    • Jiangsu Jinpeng Group Co. Ltd.
    • Kinetic Green Energy & Power Solutions Ltd.
    • Lohia Auto Industries
    • Mahindra & Mahindra Limited
    • Omega Seiki Mobility
    • Piaggio & C. SpA
    • Scooters India Limited
    • Terra Motors Corporation
Product Code: SR112024A5316

The global electric three-wheeler market size reached US$ 722.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,506.5 Million by 2032, exhibiting a growth rate (CAGR) of 8.3% during 2024-2032. The growing demand for eco-friendly transportation, favorable government policies and incentives, advancements in battery technology, rising fuel prices, and expanding applications in passenger and goods transportation are some of the factors impelling the market growth.

Electric Three-Wheeler Market Analysis:

Major Market Drivers: The market is experiencing strong growth due to rising urban population, strict emission standards, government incentives, and financial support for electric vehicle (EV) adoption. Furthermore, improvements in battery technology and the reduced overall cost of ownership in comparison to traditional vehicles are contributing to the growth of the market.

Key Market Trends: Advancements in battery technologies, incorporation of smart features and the internet of things (IoT) in vehicles, and the rise in shared mobility options are strengthening the market growth. There is also a shift towards using lithium-ion (Li-ion) batteries instead of traditional lead-acid batteries.

Geographical Trends: Asia Pacific dominates the market, primarily because of increasing environmental concerns and supportive government regulations.

Competitive Landscape: Some of the major market players in the industry include Atul Auto Limited, E-Tuk Factory, Goenka Electric Motor Vehicles Private Limited, Jiangsu Jinpeng Group Co. Ltd., Kinetic Green Energy & Power Solutions Ltd., Lohia Auto Industries, Mahindra & Mahindra Limited, Omega Seiki Mobility, Piaggio & C.SpA, Scooters India Limited, Terra Motors Corporation, among many others.

Challenges and Opportunities: The high initial cost of electric three-wheelers, limited charging infrastructure, and battery disposal issues, are some of the challenges influencing the electric three-wheeler market revenue. Nonetheless, there are opportunities in the progress of technology, expansion of charging networks, and the increasing popularity of EVs in developed and developing areas.

Electric Three-Wheeler Market Trends:

Rising Urbanization and Need for Cost-Effective Transportation

With the rise in urban populations, the need for affordable, efficient, and eco-friendly transportation choices is increasing, particularly in densely populated areas. Electric three-wheelers are a perfect solution for short-distance travel and last-mile connectivity in regions where traffic congestion and pollution are major concerns. These vehicles have reduced operational and maintenance expenses when compared with conventional internal combustion engine vehicles, attracting both individual commuters and commercial fleet operators. The economic advantages, along with the necessity for environment-friendly transportation, are contributing to the electric three-wheeler market growth. Their compact size, zero emissions, and cost-efficiency address the unique challenges of urban mobility, making them increasingly popular. In June 2024, Omega Seiki Mobility released two models of the electric three-wheeler, OSM Stream City ATR with a swappable battery and Stream City 8.5 with a fixed battery, designed for urban mobility.

Collaborative Initiatives and Strategic Partnership

Cooperative efforts and strategic alliances among manufacturers, battery suppliers, technology companies, and government entities are speeding up improvements and distribution of electric three-wheelers. Partnerships and agreements for joint development enable stakeholders to combine resources and knowledge, improving vehicle performance and cutting down on expenses. Collaborative research operations aim to improve battery technology and incorporate essential smart features for market expansion. Partnership between vehicle manufacturers and charging station providers improve the incorporation and accessibility of charging options, which helps overcome a major obstacle to widespread use. These collaborations simplify the production process and establish a favorable environment for electric three-wheelers. Collaboration among all involved parties can help tackle technical and economic obstacles, leading to a more stable and eco-friendly electric three-wheeler industry. In line with the electric three-wheeler market recent developments, in August 2023, Omega Seiki Mobility collaborated with Punjab National Bank (PNB) to improve the availability of retail EVs and simplify financing for electric three-wheelers. The partnership sought to fund another 7,500 electric vehicles (EVs) totaling INR 300 crore in the following three years.

Government Incentives and Environmental Policies

Authorities in numerous countries are implementing strategies to reduce carbon emissions and promote the adoption of sustainable transportation. Government financial support in the form of subsidies, tax breaks, and grants is decreasing the cost and improving the appeal of electric three-wheelers for both manufacturers and buyers. Rules regarding emission standards are also driving traditional combustion engine three-wheeler manufacturers to transition to electric models. They are also making substantial investments in charging infrastructure and providing incentives to fleet operators to encourage the adoption of EVs. These initiatives not only reduce the upfront costs of electric three-wheelers but also enhance user confidence and market adoption. The Government of India launched the Electric Mobility Promotion Scheme 2024 on March 13, 2024, with a budget of INR 500 crore to support 372,215 electric two-wheelers and three-wheelers through subsidies from April 1, 2024, to July 31, 2024. The scheme aimed to speed up the adoption of EVs in these categories.

Electric Three-Wheeler Market Segmentation:

IMARC Group provides an analysis of the key electric three-wheeler market trends in each segment, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on vehicle type, power type, and battery type.

Breakup by Vehicle Type:

Passenger Carrier

Load Carrier

Passenger carrier accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes passenger carrier and load carrier. According to the report, passenger carrier represented the largest segment.

Passenger carrier holds the largest market share because of the increasing demand for affordable, effective, and eco-friendly transportation options in cities. These vehicles are widely used for short-distance travel and last-mile connectivity, providing a convenient alternative to traditional auto-rickshaws and public transportation systems. The increasing urbanization, along with government incentives and favorable policies are encouraging the adoption of EVs. The IMARC Group projects that by 2032, the market will reach 381.3 million units.

Breakup by Power Type:

Up To 1000W

1000W To 1500W

Above 1500W

1000W to 1500W leads the market, accounting for the largest electric three-wheeler market share

A detailed breakup and analysis of the market based on the power type have also been provided in the report. This includes up to 1000W, 1000W to 1500W, and above 1500W. According to the report, 1000W to 1500W accounted for the largest market share.

1000W to 1500W accounts for the majority of the market share because of its ideal combination of power, efficiency, and cost efficiency. Vehicles in this power range are ideal for city and semi-urban areas, offering enough power to navigate through urban traffic while also being energy efficient. They provide reliable performance for transporting passengers and cargo, making them very versatile and popular with both individuals and commercial operators. The developments in motor and battery technology are improving the performance of electric three-wheelers in this category, resulting in increased range and quicker charging speeds. 1000W to 1500W segment leads the market, addressing the diverse transportation needs of a broad user base.

Breakup by Battery Type:

Lithium-Ion

Lead Acid

Lithium-ion exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the battery type have also been provided in the report. This includes lithium-ion and lead acid. According to the report, lithium-ion accounted for the largest market share.

Lithium-ion (Li-ion) is the predominant segment as per the electric three-wheeler market outlook. As per the IMARC Group, in 2023, the size of the worldwide Li-ion battery market hit US$ 51.0 Billion. Li-ion batteries are favored for their higher energy density, extended lifespan, and fast charging abilities. These batteries provide improved performance and efficiency, resulting in increased travel range per charge and lower maintenance expenses. Furthermore, the reduced expenses of Li-ion batteries, influenced by technological progress and economies of scale, are allowing electric three-wheeler producers to use them more easily and cost-effectively.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific holds the largest share of the industry

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for electric three-wheeler.

Asia Pacific dominates the market, mainly due to rapid urbanization, increasing environmental concerns among the public, and favorable government regulations. The rate of urbanization for people living in one place all year increased by more than three times since 1982, reaching 66.2% in 2023, as per the China in Numbers (2023) report by the United Nations Development Programme (UNDP). The large population in the area and increasing desire for cost-effective, effective urban transportation options are driving the electric three-wheeler demand. Government aid and financial support for the adoption of EVs, along with increasing fuel prices, result in electric three-wheelers being a financially efficient option compared to conventional vehicles. Furthermore, with a strong manufacturing foundation and advancements in battery technology, the Asia Pacific region is positioned as the leading player in the global market.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the industry include Atul Auto Limited, E-Tuk Factory, Goenka Electric Motor Vehicles Private Limited, Jiangsu Jinpeng Group Co. Ltd., Kinetic Green Energy & Power Solutions Ltd., Lohia Auto Industries, Mahindra & Mahindra Limited, Omega Seiki Mobility, Piaggio & C.SpA, Scooters India Limited, and Terra Motors Corporation.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Electric three-wheeler companies are prioritizing strategic actions like broadening their product offerings, upgrading battery technology, and enhancing vehicle performance in order to solidify their market standings. They are investing in research operations to incorporate advanced features such as smart connectivity and enhanced safety measures in their products. Moreover, these businesses are establishing strategic alliances and partnerships to strengthen their distribution channels and expand into new geographic areas. In 2023, Voi Mobility collaborated with BILITI Electric to test an electric tuk-tuk for managing e-scooters in the UK, enabling transportation solutions for the final mile. BILITI's Taskman e-3W was put into action in Bristol for duties such as changing batteries and upkeep, helping to support an eco-friendly transportation service.

Electric Three-Wheeler Market News:

March 2024: Atul Auto Limited completed a strategic investment of INR 19.99 crore in its subsidiary, Atul Greentech Private Limited (AGPL), securing an 80% stake. This move aimed to strengthen Atul Auto's presence in the EV sector by bolstering AGPL's capabilities in producing electric three-wheelers and providing EV parts and spares.

August 2023: Mahindra Last Mile Mobility launched the Mahindra e-Alfa Super with a 20% increased range, enhanced safety features, and comprehensive warranties. This new e-rickshaw will be the most viable self-employment option for driver partners with its higher range, best-in-class safety and comfort features.

February 2023: Piaggio Vehicles launched the electric three-wheeler Ape Electrik in the Philippines for last-mile mobility. The vehicle will be manufactured at PVPL's Baramati manufacturing facility in Maharashtra.

Key Questions Answered in This Report

  • 1. What was the size of the global electric three-wheeler market in 2023?
  • 2. What is the expected growth rate of the global electric three-wheeler market during 2024-2032?
  • 3. What are the key factors driving the global electric three-wheeler market?
  • 4. What has been the impact of COVID-19 on the global electric three-wheeler market?
  • 5. What is the breakup of the global electric three-wheeler market based on the vehicle type?
  • 6. What is the breakup of the global electric three-wheeler market based on the power type?
  • 7. What is the breakup of the global electric three-wheeler market based on the battery type?
  • 8. What are the key regions in the global electric three-wheeler market?
  • 9. Who are the key players/companies in the global electric three-wheeler market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electric Three-Wheeler Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Vehicle Type

  • 6.1 Passenger Carrier
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Load Carrier
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Power Type

  • 7.1 Up To 1000W
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 1000W To 1500W
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Above 1500W
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Battery Type

  • 8.1 Lithium-Ion
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Lead Acid
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Atul Auto Limited
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 E-Tuk Factory
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Goenka Electric Motor Vehicles Private Limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Jiangsu Jinpeng Group Co. Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Kinetic Green Energy & Power Solutions Ltd.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Lohia Auto Industries
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Mahindra & Mahindra Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Omega Seiki Mobility
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Piaggio & C. SpA
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Scooters India Limited
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
    • 14.3.11 Terra Motors Corporation
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio

List of Figures

  • Figure 1: Global: Electric Three-Wheeler Market: Major Drivers and Challenges
  • Figure 2: Global: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Electric Three-Wheeler Market: Breakup by Vehicle Type (in %), 2023
  • Figure 5: Global: Electric Three-Wheeler Market: Breakup by Power Type (in %), 2023
  • Figure 6: Global: Electric Three-Wheeler Market: Breakup by Battery Type (in %), 2023
  • Figure 7: Global: Electric Three-Wheeler Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Electric Three-Wheeler (Passenger Carrier) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Electric Three-Wheeler (Passenger Carrier) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Electric Three-Wheeler (Load Carrier) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Electric Three-Wheeler (Load Carrier) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Electric Three-Wheeler (Up To 1000W) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Electric Three-Wheeler (Up To 1000W) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Electric Three-Wheeler (1000W To 1500W) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Electric Three-Wheeler (1000W To 1500W) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Electric Three-Wheeler (Above 1500W) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Electric Three-Wheeler (Above 1500W) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Electric Three-Wheeler (Lithium-Ion) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Electric Three-Wheeler (Lithium-Ion) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Electric Three-Wheeler (Lead Acid) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Electric Three-Wheeler (Lead Acid) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: North America: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: North America: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: United States: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: United States: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Canada: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Canada: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Asia-Pacific: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Asia-Pacific: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: China: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: China: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Japan: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Japan: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: India: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: India: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: South Korea: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: South Korea: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Australia: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Australia: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Indonesia: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Indonesia: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Others: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: Others: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Europe: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Europe: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Germany: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Germany: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: France: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: France: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: United Kingdom: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: United Kingdom: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Italy: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Italy: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Spain: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Spain: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Russia: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Russia: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Others: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Others: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Latin America: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Latin America: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Brazil: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Brazil: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Mexico: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Mexico: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Others: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Others: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Middle East and Africa: Electric Three-Wheeler Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Middle East and Africa: Electric Three-Wheeler Market: Breakup by Country (in %), 2023
  • Figure 70: Middle East and Africa: Electric Three-Wheeler Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Global: Electric Three-Wheeler Industry: SWOT Analysis
  • Figure 72: Global: Electric Three-Wheeler Industry: Value Chain Analysis
  • Figure 73: Global: Electric Three-Wheeler Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Electric Three-Wheeler Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Electric Three-Wheeler Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
  • Table 3: Global: Electric Three-Wheeler Market Forecast: Breakup by Power Type (in Million US$), 2024-2032
  • Table 4: Global: Electric Three-Wheeler Market Forecast: Breakup by Battery Type (in Million US$), 2024-2032
  • Table 5: Global: Electric Three-Wheeler Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Electric Three-Wheeler Market: Competitive Structure
  • Table 7: Global: Electric Three-Wheeler Market: Key Players