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India Electric Three-Wheeler Market, By Vehicle Type, By battery Type, By Battery Capacity, By Region; Size and Forecast, 2014-2025

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  • 180 Pages
  • December 2018
  • Region: India
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 4750368

Electric Three-Wheeler Market Expected to Grow With a CAGR Over 15%

Indian electric three-wheeler industry is experiencing positive growth, e-rickshaws being the fastest growing segment in recent years.

The India Electric Three-Wheeler market is expected to record a CAGR of over 15% from 2018 to 2025. A positive macroeconomic outlook and the government’s expansionary policies are the key factors for this growth.

Growing need to curb the air pollution levels and the rising incentive schemes by the government is mainly driving the Indian electric three-wheeler market

Growth in the market is led by the increasing need to curb the air pollution levels and the rising incentive schemes by the government to support manufacturing as well as use of electric three-wheelers. Moreover, consistently increasing affordability of electric three-wheelers is also boosting their adoption across the country. Increasing investments by electric vehicle manufacturers to develop more advanced, efficient and affordable electric three-wheelers is likely to fuel growth in India electric three-wheeler market in the coming years.

The auto industry in India is one of the largest automotive industries globally. The automotive industry accounts for more than 8% of the country’s GDP. The three-wheeler segment is the second fastest growing industry after two-wheeler. Walking or cycling for longer distances is not possible, thus more demand for electric three-wheeler vehicle like e-auto rickshaws are surging. Government’s initiative to provide e-rickshaws for convenient and pollution free transportation is another major reason for the growth of the market.

India Electric Three-Wheeler Market: Scope of the Report

The India Electric Three-Wheeler market is segmented on the basis of vehicle type, battery type, and battery capacity. On the basis of vehicle type, the market is segmented into Passenger Carrier and Load Carrier. On the battery capacity basis, the market is segmented into < 101Ah & >101Ah. Based on battery type, the market is divided into Lead Acid Battery, Lithium-ion Battery and Nickel Metal Hydride Battery.

India Electric Three-Wheeler Market: Competitive Dynamics

Companies, such as Lohia Auto Industries, Hero Electric Vehicles Pvt Ltd, Saera Electric Auto Pvt. Ltd., Kinetic Green Energy & Power Solutions Ltd., Terra Motors India Corp., and Clean Motion are the key players in manufacturing Electric Three-Wheelers in India.

Market Segmentation: India Electric Three-Wheeler Market

By Vehicle Type
  • Passenger Carrier
  • Load Carrier

By Battery Capacity
  • < 101Ah
  • >101Ah

By Battery Type
  • Lead Acid Battery
  • Lithium-ion Battery
  • Nickel Metal Hydride Battery

In addition, the report provides analysis of the India Electric Three-Wheeler market with respect to the following geographic segments
  • North Region
  • East Region
  • West Region
  • South Region

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Table of Contents

1. Research Framework
1.1. Market Definition and Scope
1.2. Market segmentation
2. Research methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Sources
2.2. Quantitative Research
2.2.1. Primary & Secondary Sources
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption for the Study
2.7. Market Breakdown & Data Triangulation
3. Executive summary
4. India Electric Three Wheeler Industry Insights
4.1. Industry Value Chain analysis
4.1.1. Vendor Matrix
4.2. Raw material analysis
4.3. Pricing Analysis
4.4. Industry impact and forces
4.4.1. Growth drivers
4.4.2. Industry challenges
4.5. Technological Landscape
4.6. Regulatory Framework
4.7. Company market share analysis,2017
4.8. Growth potential analysis,2017
4.9. Strategic Outlook
4.10. Porter’s Five forces analysis
4.10.1. Bargaining Power of Suppliers
4.10.2. Bargaining Power of Buyers
4.10.3. Threat of New Entrants
4.10.4. Threat of Substitutes
4.10.5. Intensity of Rivalry
4.11. PESTEL analysis
5. India Electric Three Wheeler Market Overview
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type Passenger Carrier Load Carrier
5.2.2. By Battery Type Lead Acid Lithium-ion Battery Nickel Metal Hydride Battery
5.2.3. By Battery Capacity < 101Ah >101Ah
6. India Electric Three-Wheeler Market, By Vehicle Type
6.1. Key vehicle type Trends
6.2. Passenger Carrier
6.2.1. Market estimates & forecast, 2014-2025
6.3. Load Carrier
6.3.1. Market estimates & forecast, 2014-2025
7. India Electric Three Wheeler Market, By Battery Type
7.1. Key Trends
7.2. Lead Acid Battery
7.2.1. Market estimates & forecast, 2014-2025
7.3. Lithium-ion Battery
7.3.1. Market estimates & forecast, 2014-2025
7.4. Nickel Metal Hydride Battery
7.4.1. Market estimates & forecast, 2014-2025
8. India Electric Three Wheeler Market, By Battery Capacity
8.1. Key Market Trends
8.2. < 101 Ah
8.2.1. Market estimates & forecast, 2014-2025
8.3. > 101 Ah
8.3.1. Market estimates & forecast, 2014-2025
9. India Electric Three-Wheeler Market, By Region
9.1. Key Regional Trends
9.2. North
9.3. South
9.4. East
9.5. West
10. Company Profile
10.1. Hero Electric Vehicles Pvt. Ltd.Company Overview
10.1.1. Financial Matrix
10.1.2. Key Product landscape
10.1.3. Key Personnel
10.1.4. Key Competitors
10.1.5. Contact Address
10.1.6. SWOT Analysis
10.1.7. Strategic Outlook
10.2. Lohia Auto Industries
10.2.1. Company Overview
10.2.2. Financial Matrix
10.2.3. Key Product landscape
10.2.4. Key Personnel
10.2.5. Key Competitors
10.2.6. Contact Address
10.2.7. SWOT Analysis
10.2.8. Strategic Outlook
10.3. Kinetic Green Energy & Power Solutions Ltd.
10.3.1. Company Overview
10.3.2. Financial Matrix
10.3.3. Key Product landscape
10.3.4. Key Personnel
10.3.5. Key Competitors
10.3.6. Contact Address
10.3.7. SWOT Analysis
10.3.8. Strategic Outlook
10.4. Saera Electric Auto Pvt. Ltd
10.4.1. Company Overview
10.4.2. Financial Matrix
10.4.3. Key Product landscape
10.4.4. Key Personnel
10.4.5. Key Competitors
10.4.6. Contact Address
10.4.7. SWOT Analysis
10.4.8. Strategic Outlook
10.5. Terra Motors India Corp.
10.5.1. Company Overview
10.5.2. Financial Matrix
10.5.3. Key Product landscape
10.5.4. Key Personnel
10.5.5. Key Competitors
10.5.6. Contact Address
10.5.7. SWOT Analysis
10.5.8. Strategic Outlook
10.6. Clean Motion
10.6.1. Company Overview
10.6.2. Financial Matrix
10.6.3. Key Product landscape
10.6.4. Key Personnel
10.6.5. Key Competitors
10.6.6. Contact Address
10.6.7. SWOT Analysis
10.6.8. Strategic Outlook



Companies Mentioned

A selection of companies mentioned in this report includes:

  • Lohia Auto Industries
  • Hero Electric Vehicles Pvt Ltd
  • Saera Electric Auto Pvt. Ltd.
  • Kinetic Green Energy & Power Solutions Ltd.
  • Terra Motors India Corp.
  • Clean Motion.