Electric Three Wheeler Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, Segmented By Vehicle Type (Passenger Carrier, Load Carrier), By Battery Capacity (<101Ah, >101Ah), By Battery Type (Lead Acid, Li-ion), By Region

  • Industry : Automotive
  • Pages : 110
  • Published Date : July, 2022
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Report Description

Report Description

Global electric three-wheeler market is anticipated to grow at CAGR of 6.50% in value terms during the forecast period to reach USD2,323.50 million by 2027. Anticipated growth in the global electric three-wheeler market can be attributed to growing fuel prices and growing government initiatives to escalate the acceptance of environment friendly automobiles including three-wheelers. Increasing urbanization, rapidly expanding charging infrastructure network are also among the other factors that are expected to positively influence the growth of the global electric three-wheeler market in the upcoming five years.

Countries across the globe have acknowledged the necessity to go electric, to curb the rising pollution levels generated from automobiles including three-wheelers. Many countries like China, India, Bangladesh etc. have already ramped up the activities to improve the market penetration of electric three-wheelers. The electric three-wheeler does not have an internal combustion engine like most three-wheelers have, instead, the electric three-wheelers are powered by a rechargeable battery. Growth factors such as travel convenience, low total cost of ownership, affordable mass commuting, high efficiency, among others have also increased the adoption of electric three-wheelers across various regions over last five years.

The coronavirus pandemic had a negative impact on the sales of electric three-wheelers across regions around the globe. In 2020, electric three-wheeler sales declined in comparison to previous year as major electric three-wheeler producing countries around the world such as China, India etc. underwent strict lockdown in the second and third quarter of 2020 as a measure to control the spreading corona virus. The COVID-19 pandemic adversely affected the production, sales and supply chain network of the electric three-wheelers. Nevertheless, the electric three-wheeler market is anticipated to recover due to increasing number of government initiatives to increase the adoption of electric three-wheelers.

Low Total Cost of Ownership Drives the Market Growth

Cost of ownership of a traditional three-wheeler is relatively on a higher side as compared to a battery powered three-wheeler, as electric three-wheeler runs on stored charge which gives lower running cost per km. Low total cost of ownership of electric three-wheelers is observed as one of the significant selling points for electric three-wheelers globally. Although, the cost of the electric three-wheeler can itself be the same, and sometimes even costlier than their diesel/petrol powered three-wheeler, the total cost of ownership comes out to be significantly less. For alike distance travelled, the cost associated with charging an electric three-wheeler is comparatively lesser than the cost of burning petrol or diesel, as a result total cost of ownership of the electric three-wheeler decreases dramatically for longer span of time. However, total savings depends on the particular model of electric three-wheeler an individual buys, and which diesel/petrol powered counterpart one is comparing with. However, in significant number of cases, the lifetime charging cost of an electric three-wheeler comes out to be far lower than the traditional diesel/petrol powered three-wheeler.

Easier Maintenance of Electric Three-Wheelers Drives the Market Growth

The cost to maintain an electric three-wheeler is commonly on much lower side as electric three-wheelers is free from the complexity associated with a petrol/diesel powered internal combustion engine. Coming to the maintenance of an electric three-wheeler, the owner does not have to be worried about all the fluids and moving parts like one has to with a petrol/diesel powered internal combustion engine of a traditional three wheeler. Moreover, the power control unit of an electric three-wheeler propels the three-wheeler of stored energy coming off from the battery stored onboard and is electrically charged, consequently the electric three-wheeler lacks in terms of the number of components on-board which are in motion, which results in lesser wear and tear and hence low maintenance.


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Market Segmentation

The global electric three-wheeler market is segmented based on vehicle type, battery capacity, battery type, region, and competitional landscape. Based on vehicle type, the market is further bifurcated into passenger carrier and load carrier. Also, segmentation of the market on grounds of battery capacity is done into <101Ah, >101Ah. Based on battery type, the market is segmented into lithium ion, lead acid.

Company Profiles

Jiangsu Jinpeng Group Co., Ltd., Mahindra & Mahindra Ltd., Piaggio Group, Atul Auto Ltd., Changzhou Yufeng Vehicle Co., Ltd., Lohia Auto Industries, Kinetic Green Energy & Power Solutions Ltd., Skyride Automotive, Shado Group International Pte. Ltd, Beevatech Limited, etc. are among the major market players in the global electric three-wheeler market.

Attribute

Details

Market Size Value in 2021

USD1,598.60 Million

Revenue Forecast in 2027

USD2,323.50 Million

Growth Rate

6.50%

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

           Vehicle Type

           Battery Capacity

           Battery Type

          Region

          Company

Regional Scope

Asia Pacific, Africa, Middle East, South America, Rest of World

Country Scope

China, India, Bangladesh, Nepal, Pakistan, Sri Lanka, Indonesia, Thailand, Brunei, Philippines, Singapore, Vietnam, Malaysia, Myanmar, Laos, Cambodia, Egypt, South Africa, Morocco, Nigeria, Tanzania, Kenya, Algeria, Ethiopia, Angola, Uganda, Libya, Sudan, Turkey, Saudi Arabia, Israel, UAE, Oman, Iraq, Iran, Peru, Colombia, Chile

Key Companies Profiled

Jiangsu Jinpeng Group Co., Ltd., Mahindra & Mahindra Ltd., Piaggio Group, Atul Auto Ltd., Changzhou Yufeng Vehicle Co., Ltd., Lohia Auto Industries, Kinetic Green Energy & Power Solutions Ltd., Skyride Automotive, Shado Group International Pte. Ltd, Beevatech Limited

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Report Scope:

In this report, global electric three-wheeler market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Electric Three-Wheeler Market, Vehicle Type:
    • Passenger Carrier
    • Load Carrier
  • Electric Three-Wheeler Market, By Battery Capacity:
    • >101 Ah
    • <101 Ah
  • Electric Three-Wheeler Market, By Battery Type:
    • Lead Acid
    • Lithium Ion
  • Electric Three-Wheeler Market, By Region:
    • Asia-Pacific
    • Africa
      • Morocco
      • Egypt
      • South Africa
      • Nigeria
      • Algeria
      • Kenya
      • Uganda
      • Tanzania
      • Ethiopia
      • Sudan
      • Angola
      • Libya
    • Middle East
      • Turkey
      • Iran
      • Israel
      • Saudi Arabia
      • UAE
      • Oman
      • Iraq
    • South America
      • Peru
      • Colombia
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global electric three-wheeler Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Electric Three-Wheeler Market

5.    Voice of Customers

5.1.  Brand Recall (Unaided and Aided)

5.2.  Factors Influencing Purchase Decision

5.3.  Brand Satisfaction Level

6.    Global Electric Three-Wheeler Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Type (Passenger Carrier, Load Carrier)

6.2.2.    By Battery Capacity (<101Ah, >101Ah)

6.2.3.    By Battery Type (Lithium Ion, Lead Acid)

6.2.4.    By Region

6.2.5.    By Company (2021)

6.3.  Market Map (By Vehicle Type, By Region)

7.    Asia-Pacific Electric Three-Wheeler Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Vehicle Type

7.2.2.    By Battery Capacity

7.2.3.    By Battery Type

7.2.4.    By Country

7.3.  Market Map (By Vehicle Type)

7.4.   Asia-Pacific: Country Analysis

7.4.1.    China Electric Three-Wheeler Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.            By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.            By Vehicle Type

7.4.1.2.2.            By Battery Capacity

7.4.1.2.3.            By Battery Type

7.4.2.    India Electric Three-Wheeler Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.            By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.            By Vehicle Type

7.4.2.2.2.            By Battery Capacity

7.4.2.2.3.            By Battery Type

7.4.3.    Pakistan Electric Three-Wheeler Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.            By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.            By Vehicle Type

7.4.3.2.2.            By Battery Capacity

7.4.3.2.3.            By Battery Type

7.4.4.    Bangladesh Electric Three-Wheeler Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.            By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.            By Vehicle Type

7.4.4.2.2.            By Battery Capacity

7.4.4.2.3.            By Battery Type

7.4.5.    Indonesia Electric Three-Wheeler Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.            By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.            By Vehicle Type

7.4.5.2.2.            By Battery Capacity

7.4.5.2.3.            By Battery Type

7.4.6.    Nepal Electric Three-Wheeler Market Outlook

7.4.6.1.        Market Size & Forecast

7.4.6.1.1.            By Value & Volume

7.4.6.2.        Market Share & Forecast

7.4.6.2.1.            By Vehicle Type

7.4.6.2.2.            By Battery Capacity

7.4.6.2.3.            By Battery Type

7.4.7.    Philippines Electric Three-Wheeler Market Outlook

7.4.7.1.        Market Size & Forecast

7.4.7.1.1.            By Value & Volume

7.4.7.2.        Market Share & Forecast

7.4.7.2.1.            By Vehicle Type

7.4.7.2.2.            By Battery Capacity

7.4.7.2.3.            By Battery Type

7.4.8.    Malaysia Electric Three-Wheeler Market Outlook

7.4.8.1.        Market Size & Forecast

7.4.8.1.1.            By Value & Volume

7.4.8.2.        Market Share & Forecast

7.4.8.2.1.            By Vehicle Type

7.4.8.2.2.            By Battery Capacity

7.4.8.2.3.            By Battery Type

7.4.9.    Thailand Electric Three-Wheeler Market Outlook

7.4.9.1.        Market Size & Forecast

7.4.9.1.1.            By Value & Volume

7.4.9.2.        Market Share & Forecast

7.4.9.2.1.            By Vehicle Type

7.4.9.2.2.            By Battery Capacity

7.4.9.2.3.            By Battery Type

7.4.10. Vietnam Electric Three-Wheeler Market Outlook

7.4.10.1.     Market Size & Forecast

7.4.10.1.1.         By Value & Volume

7.4.10.2.     Market Share & Forecast

7.4.10.2.1.         By Vehicle Type

7.4.10.2.2.         By Battery Capacity

7.4.10.2.3.         By Battery Type

7.4.11. Sri Lanka Electric Three-Wheeler Market Outlook

7.4.11.1.     Market Size & Forecast

7.4.11.1.1.         By Value & Volume

7.4.11.2.     Market Share & Forecast

7.4.11.2.1.         By Vehicle Type

7.4.11.2.2.         By Battery Capacity

7.4.11.2.3.         By Battery Type

7.4.12. Myanmar Electric Three-Wheeler Market Outlook

7.4.12.1.     Market Size & Forecast

7.4.12.1.1.         By Value & Volume

7.4.12.2.     Market Share & Forecast

7.4.12.2.1.         By Vehicle Type

7.4.12.2.2.         By Battery Capacity

7.4.12.2.3.         By Battery Type

7.4.13. Cambodia Electric Three-Wheeler Market Outlook

7.4.13.1.     Market Size & Forecast

7.4.13.1.1.         By Value & Volume

7.4.13.2.     Market Share & Forecast

7.4.13.2.1.         By Vehicle Type

7.4.13.2.2.         By Battery Capacity

7.4.13.2.3.         By Battery Type

7.4.14. Singapore Electric Three-Wheeler Market Outlook

7.4.14.1.     Market Size & Forecast

7.4.14.1.1.         By Value & Volume

7.4.14.2.     Market Share & Forecast

7.4.14.2.1.         By Vehicle Type

7.4.14.2.2.         By Battery Capacity

7.4.14.2.3.         By Battery Type

7.4.15. Laos Electric Three-Wheeler Market Outlook

7.4.15.1.     Market Size & Forecast

7.4.15.1.1.         By Value & Volume

7.4.15.2.     Market Share & Forecast

7.4.15.2.1.         By Vehicle Type

7.4.15.2.2.         By Battery Capacity

7.4.15.2.3.         By Battery Type

7.4.16. Brunei Electric Three-Wheeler Market Outlook

7.4.16.1.     Market Size & Forecast

7.4.16.1.1.         By Value & Volume

7.4.16.2.     Market Share & Forecast

7.4.16.2.1.         By Vehicle Type

7.4.16.2.2.         By Battery Capacity

7.4.16.2.3.         By Battery Type

8.    Africa Electric Three-Wheeler Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Vehicle Type

8.2.2.    By Battery Capacity

8.2.3.    By Battery Type

8.2.4.    By Country

8.3.  Market Map (By Vehicle Type)

8.4.  Africa: Country Analysis

8.4.1.    Morocco Electric Three-Wheeler Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.            By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.            By Vehicle Type

8.4.1.2.2.            By Battery Capacity

8.4.1.2.3.            By Battery Type

8.4.2.    Egypt Three-Wheeler Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.            By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.            By Vehicle Type

8.4.2.2.2.            By Battery Capacity

8.4.2.2.3.            By Battery Type

8.4.3.    South Africa Electric Three-Wheeler Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.            By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.            By Vehicle Type

8.4.3.2.2.            By Battery Capacity

8.4.3.2.3.            By Battery Type

8.4.4.    Nigeria Electric Three-Wheeler Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.            By Value & Volume

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.            By Vehicle Type

8.4.4.2.2.            By Battery Capacity

8.4.4.2.3.            By Battery Type

8.4.5.    Algeria Electric Three-Wheeler Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.            By Value & Volume

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.            By Vehicle Type

8.4.5.2.2.            By Battery Capacity

8.4.5.2.3.            By Battery Type

8.4.6.    Kenya Electric Three-Wheeler Market Outlook

8.4.6.1.        Market Size & Forecast

8.4.6.1.1.            By Value & Volume

8.4.6.2.        Market Share & Forecast

8.4.6.2.1.            By Vehicle Type

8.4.6.2.2.            By Battery Capacity

8.4.6.2.3.            By Battery Type

8.4.7.    Uganda Electric Three-Wheeler Market Outlook

8.4.7.1.        Market Size & Forecast

8.4.7.1.1.            By Value & Volume

8.4.7.2.        Market Share & Forecast

8.4.7.2.1.            By Vehicle Type

8.4.7.2.2.            By Battery Capacity

8.4.7.2.3.            By Battery Type

8.4.8.    Tanzania Electric Three-Wheeler Market Outlook

8.4.8.1.        Market Size & Forecast

8.4.8.1.1.            By Value & Volume

8.4.8.2.        Market Share & Forecast

8.4.8.2.1.            By Vehicle Type

8.4.8.2.2.            By Battery Capacity

8.4.8.2.3.            By Battery Type

8.4.9.    Ethiopia Electric Three-Wheeler Market Outlook

8.4.9.1.        Market Size & Forecast

8.4.9.1.1.            By Value & Volume

8.4.9.2.        Market Share & Forecast

8.4.9.2.1.            By Vehicle Type

8.4.9.2.2.            By Battery Capacity

8.4.9.2.3.            By Battery Type

8.4.10. Sudan Electric Three-Wheeler Market Outlook

8.4.10.1.     Market Size & Forecast

8.4.10.1.1.         By Value & Volume

8.4.10.2.     Market Share & Forecast

8.4.10.2.1.         By Vehicle Type

8.4.10.2.2.         By Battery Capacity

8.4.10.2.3.         By Battery Type

8.4.11. Angola Electric Three-Wheeler Market Outlook

8.4.11.1.     Market Size & Forecast

8.4.11.1.1.         By Value & Volume

8.4.11.2.     Market Share & Forecast

8.4.11.2.1.         By Vehicle Type

8.4.11.2.2.         By Battery Capacity

8.4.11.2.3.         By Battery Type

8.4.12. Libya Electric Three-Wheeler Market Outlook

8.4.12.1.     Market Size & Forecast

8.4.12.1.1.         By Value & Volume

8.4.12.2.     Market Share & Forecast

8.4.12.2.1.         By Vehicle Type

8.4.12.2.2.         By Battery Capacity

8.4.12.2.3.         By Battery Type

9.    Middle East Electric Three-Wheeler Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Vehicle Type

9.2.2.    By Battery Capacity

9.2.3.    By Battery Type

9.2.4.    By Country

9.3.  Market Map (By Vehicle Type)

9.4.  Middle East: Country Analysis

9.4.1.    Turkey Electric Three-Wheeler Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.            By Value & Volume

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.            By Vehicle Type

9.4.1.2.2.            By Battery Capacity

9.4.1.2.3.            By Battery Type

9.4.2.    Iran Three-Wheeler Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.            By Value & Volume

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.            By Vehicle Type

9.4.2.2.2.            By Battery Capacity

9.4.2.2.3.            By Battery Type

9.4.3.    Israel Electric Three-Wheeler Market Outlook

9.4.3.1.        Market Size & Forecast

9.4.3.1.1.            By Value & Volume

9.4.3.2.        Market Share & Forecast

9.4.3.2.1.            By Vehicle Type

9.4.3.2.2.            By Battery Capacity

9.4.3.2.3.            By Battery Type

9.4.4.    Saudi Arabia Electric Three-Wheeler Market Outlook

9.4.4.1.        Market Size & Forecast

9.4.4.1.1.            By Value & Volume

9.4.4.2.        Market Share & Forecast

9.4.4.2.1.            By Vehicle Type

9.4.4.2.2.            By Battery Capacity

9.4.4.2.3.            By Battery Type

9.4.5.    UAE Electric Three-Wheeler Market Outlook

9.4.5.1.        Market Size & Forecast

9.4.5.1.1.            By Value & Volume

9.4.5.2.        Market Share & Forecast

9.4.5.2.1.            By Vehicle Type

9.4.5.2.2.            By Battery Capacity

9.4.5.2.3.            By Battery Type

9.4.6.    Oman Electric Three-Wheeler Market Outlook

9.4.6.1.        Market Size & Forecast

9.4.6.1.1.            By Value & Volume

9.4.6.2.        Market Share & Forecast

9.4.6.2.1.            By Vehicle Type

9.4.6.2.2.            By Battery Capacity

9.4.6.2.3.            By Battery Type

9.4.7.    Iraq Electric Three-Wheeler Market Outlook

9.4.7.1.        Market Size & Forecast

9.4.7.1.1.            By Value & Volume

9.4.7.2.        Market Share & Forecast

9.4.7.2.1.            By Vehicle Type

9.4.7.2.2.            By Battery Capacity

9.4.7.2.3.            By Battery Type

10.  South America Electric Three-Wheeler Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Vehicle Type

10.2.2. By Battery Capacity

10.2.3. By Battery Type

10.2.4. By Country

10.3.             Market Map (By Vehicle Type)

10.4.             South America: Country Analysis

10.4.1. Peru Electric Three-Wheeler Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value & Volume

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Vehicle Type

10.4.1.2.2.         By Battery Capacity

10.4.1.2.3.         By Battery Type

10.4.2. Colombia Three-Wheeler Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value & Volume

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Vehicle Type

10.4.2.2.2.         By Battery Capacity

10.4.2.2.3.         By Battery Type

10.4.3. Chile Electric Three-Wheeler Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value & Volume

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Vehicle Type

10.4.3.2.2.         By Battery Capacity

10.4.3.2.3.         By Battery Type

11.  Market Dynamics

11.1.Drivers

11.2.Challenges

12.  Market Trends and Developments

13.  Competitive Landscape

13.1. Jiangsu Jinpeng Group Co., Ltd.

13.2.Mahindra & Mahindra Ltd.

13.3.Piaggio Group

13.4.Atul Auto Ltd.

13.5.Changzhou Yufeng Vehicle Co., Ltd.

13.6.Lohia Auto Industries

13.7.Kinetic Green Energy & Power Solutions Ltd.

13.8.Skyride Automotive

13.9.Shado Group International Pte. Ltd

13.10. Beevatech Limited

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

List of Figure:

Figure 1:    Global Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 2:    Global Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 3:    Global Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 4:    Global Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 5:    Global Electric Three-Wheeler Market Share, By Region, By Volume, 2017-2027F

Figure 6:    Global Electric Three-Wheeler Market Share, By Company, By Value, 2021

Figure 7:    Global Electric Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 8:    Global Electric Three-Wheeler Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)

Figure 9:    Asia Pacific Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 10:  Asia Pacific Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 11:  Asia Pacific Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 12:  Asia Pacific Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 13:  Asia Pacific Electric Three-Wheeler Market Share, By Country, By Volume, 2017-2027F

Figure 14:  Asia Pacific Electric Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 15:  China Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 16:  China Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 17:  China Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 18:  China Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 19:  India Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 20:  India Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 21:  India Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 22:  India Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 23:  Pakistan Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 24:  Pakistan Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 25:  Pakistan Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 26:  Pakistan Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 27:  Bangladesh Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 28:  Bangladesh Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 29:  Bangladesh Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 30:  Bangladesh Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 31:  Indonesia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 32:  Indonesia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 33:  Indonesia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 34:  Indonesia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 35:  Nepal Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 36:  Nepal Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 37:  Nepal Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 38:  Nepal Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 39:  Philippines Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 40:  Philippines Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 41:  Philippines Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 42:  Philippines Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 43:  Malaysia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 44:  Malaysia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 45:  Malaysia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 46:  Malaysia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 47:  Thailand Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 48:  Thailand Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 49:  Thailand Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 50:  Thailand Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 51:  Vietnam Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 52:  Vietnam Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 53:  Vietnam Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 54:  Vietnam Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 55:  Sri Lanka Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 56:  Sri Lanka Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 57:  Sri Lanka Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 58:  Sri Lanka Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 59:  Myanmar Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 60:  Myanmar Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 61:  Myanmar Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 62:  Myanmar Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 63:  Cambodia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 64:  Cambodia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 65:  Cambodia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 66:  Cambodia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 67:  Singapore Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 68:  Singapore Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 69:  Singapore Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 70:  Singapore Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 71:  Laos Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 72:  Laos Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 73:  Laos Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 74:  Laos Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 75:  Brunei Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 76:  Brunei Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 77:  Brunei Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 78:  Brunei Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 79:  Africa Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 80:  Africa Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 81:  Africa Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 82:  Africa Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 83:  Africa Electric Three-Wheeler Market Share, By Country, By Volume, 2017-2027F

Figure 84:  Africa Electric Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 85:  Morocco Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 86:  Morocco Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 87:  Morocco Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 88:  Morocco Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 89:  Egypt Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 90:  Egypt Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 91:  Egypt Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 92:  Egypt Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 93:  South Africa Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 94:  South Africa Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 95:  South Africa Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 96:  South Africa Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 97:  Nigeria Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 98:  Nigeria Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 99:  Nigeria Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 100: Nigeria Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 101: Algeria Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 102: Algeria Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 103: Algeria Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 104: Algeria Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 105: Kenya Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 106: Kenya Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 107: Kenya Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 108: Kenya Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 109: Uganda Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 110: Uganda Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 111: Uganda Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 112: Uganda Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 113: Tanzania Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 114: Tanzania Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 115: Tanzania Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 116: Tanzania Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 117: Ethiopia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 118: Ethiopia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 119: Ethiopia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 120: Ethiopia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 121: Sudan Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 122: Sudan Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 123: Sudan Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 124: Sudan Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 125: Angola Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 126: Angola Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 127: Angola Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 128: Angola Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 129: Libya Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 130: Libya Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 131: Libya Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 132: Libya Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 133: Middle East Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 134: Middle East Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 135: Middle East Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 136: Middle East Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 137: Middle East Electric Three-Wheeler Market Share, By Country, By Volume, 2017-2027F

Figure 138: Middle East Electric Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 139: Turkey Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 140: Turkey Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 141: Turkey Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 142: Turkey Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 143: Iran Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 144: Iran Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 145: Iran Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 146: Iran Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 147: Israel Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 148: Israel Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 149: Israel Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 150: Israel Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 151: Saudi Arabia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 152: Saudi Arabia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 153: Saudi Arabia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 154: Saudi Arabia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 155: UAE Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 156: UAE Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 157: UAE Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 158: UAE Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 159: Oman Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 160: Oman Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 161: Oman Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 162: Oman Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 163: Iraq Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 164: Iraq Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 165: Iraq Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 166: Iraq Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 167: South America Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 168: South America Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 169: South America Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 170: South America Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 171: South America Electric Three-Wheeler Market Share, By Country, By Volume, 2017-2027F

Figure 172: South America Electric Three-Wheeler Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 173: Peru Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 174: Peru Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 175: Peru Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 176: Peru Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 177: Colombia Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 178: Colombia Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 179: Colombia Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 180: Colombia Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Figure 181: Chile Electric Three-Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F

Figure 182: Chile Electric Three-Wheeler Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 183: Chile Electric Three-Wheeler Market Share, By Battery Capacity, By Volume, 2017-2027F

Figure 184: Chile Electric Three-Wheeler Market Share, By Battery Type, By Volume, 2017-2027F

Frequently asked questions

Frequently asked questions

As, global electric three-wheeler is primarily dominated by the Asia Pacific region, owing to the imposed lockdown in the second and third quarter of 2020 in leading countries such as China, India etc. following the COVID-19 outbreak, the production and sales of electric three-wheeler in the world dropped significantly as a result market depreciated by -8.10% in 2020.

Government initiatives such as attractive loan schemes, proving subsidies on electric three-wheelers, etc. to increase the market penetration of electric vehicles including three-wheelers have resulted an increase in sales of electric three-wheelers across the globe and the trend is expected to continue, as a result the market is anticipated to register a CAGR of 6.50% in terms of value in the forecast years and generate a revenue of USD2,323.50 million in 2027.

Jiangsu Jinpeng Group Co., Ltd., Mahindra & Mahindra Ltd., Piaggio Group, Atul Auto Ltd., Changzhou Yufeng Vehicle Co., Ltd., Lohia Auto Industries, Kinetic Green Energy & Power Solutions Ltd., Skyride Automotive, Shado Group International Pte. Ltd, Beevatech Limited. are the top ten players in the global electric three-wheeler market.

Factors such as low total cost of ownership accompanied with less vehicle maintenance, emission free public transportation are some of the market trends in the global electric three-wheeler Market.

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