Product Code: ETC4573945 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Electric 3-Wheeler Market is experiencing significant growth as electric mobility solutions expand and cater to the country`s transportation needs. Electric three-wheelers, including e-rickshaws and e-auto-rickshaws, offer a sustainable and cost-effective mode of transportation, particularly in urban areas. Government incentives and the push for cleaner transportation have accelerated the adoption of electric 3-wheelers in India, making this market an important segment of the electric vehicle landscape.
Government incentives, environmental concerns, and the need for urban transportation solutions are driving the growth of the electric 3-wheeler market in India. The push for cleaner and more efficient transportation options in congested urban areas is a significant driver.
The India electric three-wheeler market faces several challenges as it strives to gain prominence. One of the major hurdles is the high initial cost of electric three-wheelers, which often makes them less affordable for consumers. Moreover, the charging infrastructure in India is still underdeveloped, leading to concerns about range anxiety and inconvenience for potential buyers. Additionally, the need for robust government incentives and policies to encourage the adoption of electric vehicles is a crucial challenge, along with addressing the limited awareness and acceptance of these vehicles in the market.
The India Electric 3-Wheeler Market witnessed temporary setbacks during the pandemic, with reduced mobility and supply chain disruptions. Nonetheless, the increasing emphasis on clean and sustainable urban transportation is expected to drive the electric 3-wheeler market`s resurgence in the post-pandemic era, aligning with government initiatives for electric mobility.
Leading manufacturers in the India electric 3-wheeler market are Bajaj Auto, Mahindra Electric, Piaggio, and Kinetic Green.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electric 3-Wheeler Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric 3-Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 India Electric 3-Wheeler Market - Industry Life Cycle |
3.4 India Electric 3-Wheeler Market - Porter's Five Forces |
3.5 India Electric 3-Wheeler Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.6 India Electric 3-Wheeler Market Revenues & Volume Share, By Motor Power, 2021 & 2031F |
3.7 India Electric 3-Wheeler Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.8 India Electric 3-Wheeler Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.9 India Electric 3-Wheeler Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.10 India Electric 3-Wheeler Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
4 India Electric 3-Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electric 3-Wheeler Market Trends |
6 India Electric 3-Wheeler Market, By Types |
6.1 India Electric 3-Wheeler Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 India Electric 3-Wheeler Market Revenues & Volume, By End-Use, 2021-2031F |
6.1.3 India Electric 3-Wheeler Market Revenues & Volume, By Passenger Carrier, 2021-2031F |
6.1.4 India Electric 3-Wheeler Market Revenues & Volume, By Load Carrier, 2021-2031F |
6.2 India Electric 3-Wheeler Market, By Motor Power |
6.2.1 Overview and Analysis |
6.2.2 India Electric 3-Wheeler Market Revenues & Volume, By Below 1,000 W, 2021-2031F |
6.2.3 India Electric 3-Wheeler Market Revenues & Volume, By 1,000-1,500 W, 2021-2031F |
6.2.4 India Electric 3-Wheeler Market Revenues & Volume, By Above 1,500 W, 2021-2031F |
6.3 India Electric 3-Wheeler Market, By Battery Capacity |
6.3.1 Overview and Analysis |
6.3.2 India Electric 3-Wheeler Market Revenues & Volume, By Below 3 kWh, 2021-2031F |
6.3.3 India Electric 3-Wheeler Market Revenues & Volume, By 3-6 kWh, 2021-2031F |
6.3.4 India Electric 3-Wheeler Market Revenues & Volume, By Above 6 kWh, 2021-2031F |
6.4 India Electric 3-Wheeler Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 India Electric 3-Wheeler Market Revenues & Volume, By Up to 50 Miles, 2021-2031F |
6.4.3 India Electric 3-Wheeler Market Revenues & Volume, By Above 50 Miles, 2021-2031F |
6.5 India Electric 3-Wheeler Market, By Battery Type |
6.5.1 Overview and Analysis |
6.5.2 India Electric 3-Wheeler Market Revenues & Volume, By Lead-acid Battery, 2021-2031F |
6.5.3 India Electric 3-Wheeler Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F |
6.5.4 India Electric 3-Wheeler Market Revenues & Volume, By Other, 2021-2031F |
6.6 India Electric 3-Wheeler Market, By Payload Capacity |
6.6.1 Overview and Analysis |
6.6.2 India Electric 3-Wheeler Market Revenues & Volume, By Up to 300 kg, 2021-2031F |
6.6.3 India Electric 3-Wheeler Market Revenues & Volume, By 300-500 kg, 2021-2031F |
6.6.4 India Electric 3-Wheeler Market Revenues & Volume, By Above 500 kg, 2021-2031F |
7 India Electric 3-Wheeler Market Import-Export Trade Statistics |
7.1 India Electric 3-Wheeler Market Export to Major Countries |
7.2 India Electric 3-Wheeler Market Imports from Major Countries |
8 India Electric 3-Wheeler Market Key Performance Indicators |
9 India Electric 3-Wheeler Market - Opportunity Assessment |
9.1 India Electric 3-Wheeler Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.2 India Electric 3-Wheeler Market Opportunity Assessment, By Motor Power, 2021 & 2031F |
9.3 India Electric 3-Wheeler Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.4 India Electric 3-Wheeler Market Opportunity Assessment, By Range, 2021 & 2031F |
9.5 India Electric 3-Wheeler Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.6 India Electric 3-Wheeler Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
10 India Electric 3-Wheeler Market - Competitive Landscape |
10.1 India Electric 3-Wheeler Market Revenue Share, By Companies, 2024 |
10.2 India Electric 3-Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |