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Global Electric Tuk Tuks Market 2024-2028

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    Report

  • 152 Pages
  • April 2024
  • TechNavio
  • ID: 5953838
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The electric tuk tuks market is forecasted to grow by USD 206.4 mn during 2023-2028, accelerating at a CAGR of 6.68% during the forecast period. The report on the electric tuk tuks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of rental and subscription-based models for electric tuk-tuk ownership, fluctuating fuel prices fueling demand for economical electric tuk-tuks, and increasing urbanization lead to higher demand for last-mile transportation solutions.

The electric tuk tuks market is segmented as below:

By Application

  • Passenger carrier
  • Goods carrier

By Type

  • Upto 1000 W
  • 1000 - 1500 W
  • More than 1500 W

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the integration of electric tuk tuks into ride-sharing and e-hailing platforms as one of the prime reasons driving the electric tuk tuks market growth during the next few years. Also, increasing focus on lightweight materials and aerodynamic designs of electric tuk tuks and customization of electric tuk tuks for specialized applications will lead to sizable demand in the market.

The report on the electric tuk tuks market covers the following areas:

  • Electric tuk tuks market sizing
  • Electric tuk tuks market forecast
  • Electric tuk tuks market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric tuk tuks market vendors that include Arna Electric Auto Pvt. Ltd., BABA E Rickshaw, Bajaj Auto Ltd., BILITI ELECTRIC INC. USA, E Tuk Factory, Goenka Electric Motor Vehicles Pvt. Ltd., Green Valley Motors, Jezza Motors, KINETIC ENGINEERING LTD., KUKU Automotives, Mahindra and Mahindra Ltd., Piaggio and C. Spa, QSD, SAERA ELECTRIC AUTO PVT. LTD., SuperEco, TVS Motor Co. Ltd., Udaan E Rickshaw, ZUPERIA AUTO PVT. LTD., Terra Motors India, and SN Solar Energy. Also, the electric tuk tuks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global electric tuk tuks market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global electric tuk tuks market 2018 - 2022 ($ million)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Passenger carrier - Market size and forecast 2023-2028
Exhibit 34: Chart on Passenger carrier - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Passenger carrier - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Passenger carrier - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Passenger carrier - Year-over-year growth 2023-2028 (%)
6.4 Goods carrier - Market size and forecast 2023-2028
Exhibit 38: Chart on Goods carrier - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Goods carrier - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Goods carrier - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Goods carrier - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Upto 1000 W - Market size and forecast 2023-2028
Exhibit 48: Chart on Upto 1000 W - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Upto 1000 W - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Upto 1000 W - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Upto 1000 W - Year-over-year growth 2023-2028 (%)
7.4 1000 - 1500 W - Market size and forecast 2023-2028
Exhibit 52: Chart on 1000 - 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on 1000 - 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on 1000 - 1500 W - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on 1000 - 1500 W - Year-over-year growth 2023-2028 (%)
7.5 More than 1500 W - Market size and forecast 2023-2028
Exhibit 56: Chart on More than 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on More than 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on More than 1500 W - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on More than 1500 W - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
Exhibit 60: Market opportunity by Type ($ million)
Exhibit 61: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 India - Market size and forecast 2023-2028
Exhibit 87: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on India - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Arna Electric Auto Pvt. Ltd.
Exhibit 115: Arna Electric Auto Pvt. Ltd. - Overview
Exhibit 116: Arna Electric Auto Pvt. Ltd. - Product / Service
Exhibit 117: Arna Electric Auto Pvt. Ltd. - Key offerings
12.4 Bajaj Auto Ltd.
Exhibit 118: Bajaj Auto Ltd. - Overview
Exhibit 119: Bajaj Auto Ltd. - Business segments
Exhibit 120: Bajaj Auto Ltd. - Key offerings
Exhibit 121: Bajaj Auto Ltd. - Segment focus
12.5 BILITI ELECTRIC INC. USA
Exhibit 122: BILITI ELECTRIC INC. USA - Overview
Exhibit 123: BILITI ELECTRIC INC. USA - Product / Service
Exhibit 124: BILITI ELECTRIC INC. USA - Key offerings
12.6 E Tuk Factory
Exhibit 125: E Tuk Factory - Overview
Exhibit 126: E Tuk Factory - Product / Service
Exhibit 127: E Tuk Factory - Key offerings
12.7 Goenka Electric Motor Vehicles Pvt. Ltd.
Exhibit 128: Goenka Electric Motor Vehicles Pvt. Ltd. - Overview
Exhibit 129: Goenka Electric Motor Vehicles Pvt. Ltd. - Product / Service
Exhibit 130: Goenka Electric Motor Vehicles Pvt. Ltd. - Key offerings
12.8 Green Valley Motors
Exhibit 131: Green Valley Motors - Overview
Exhibit 132: Green Valley Motors - Product / Service
Exhibit 133: Green Valley Motors - Key offerings
12.9 Jezza Motors
Exhibit 134: Jezza Motors - Overview
Exhibit 135: Jezza Motors - Product / Service
Exhibit 136: Jezza Motors - Key offerings
12.10 KINETIC ENGINEERING LTD.
Exhibit 137: KINETIC ENGINEERING LTD. - Overview
Exhibit 138: KINETIC ENGINEERING LTD. - Product / Service
Exhibit 139: KINETIC ENGINEERING LTD. - Key offerings
12.11 KUKU Automotives
Exhibit 140: KUKU Automotives - Overview
Exhibit 141: KUKU Automotives - Product / Service
Exhibit 142: KUKU Automotives - Key offerings
12.12 Mahindra and Mahindra Ltd.
Exhibit 143: Mahindra and Mahindra Ltd. - Overview
Exhibit 144: Mahindra and Mahindra Ltd. - Business segments
Exhibit 145: Mahindra and Mahindra Ltd. - Key news
Exhibit 146: Mahindra and Mahindra Ltd. - Key offerings
Exhibit 147: Mahindra and Mahindra Ltd. - Segment focus
12.13 Piaggio and C. Spa
Exhibit 148: Piaggio and C. Spa - Overview
Exhibit 149: Piaggio and C. Spa - Business segments
Exhibit 150: Piaggio and C. Spa - Key news
Exhibit 151: Piaggio and C. Spa - Key offerings
Exhibit 152: Piaggio and C. Spa - Segment focus
12.14 QSD
Exhibit 153: QSD - Overview
Exhibit 154: QSD - Product / Service
Exhibit 155: QSD - Key offerings
12.15 SN Solar Energy
Exhibit 156: SN Solar Energy - Overview
Exhibit 157: SN Solar Energy - Product / Service
Exhibit 158: SN Solar Energy - Key offerings
12.16 Terra Motors India
Exhibit 159: Terra Motors India - Overview
Exhibit 160: Terra Motors India - Product / Service
Exhibit 161: Terra Motors India - Key offerings
12.17 TVS Motor Co. Ltd.
Exhibit 162: TVS Motor Co. Ltd. - Overview
Exhibit 163: TVS Motor Co. Ltd. - Business segments
Exhibit 164: TVS Motor Co. Ltd. - Key news
Exhibit 165: TVS Motor Co. Ltd. - Key offerings
Exhibit 166: TVS Motor Co. Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global electric tuk tuks market 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Passenger carrier - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Passenger carrier - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Passenger carrier - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Passenger carrier - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Goods carrier - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Goods carrier - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Goods carrier - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Goods carrier - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Application ($ million)
Exhibits 43: Data Table on Market opportunity by Application ($ million)
Exhibits 44: Chart on Type - Market share 2023-2028 (%)
Exhibits 45: Data Table on Type - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by Type
Exhibits 47: Data Table on Comparison by Type
Exhibits 48: Chart on Upto 1000 W - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on Upto 1000 W - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on Upto 1000 W - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Upto 1000 W - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on 1000 - 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on 1000 - 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on 1000 - 1500 W - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on 1000 - 1500 W - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on More than 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on More than 1500 W - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on More than 1500 W - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on More than 1500 W - Year-over-year growth 2023-2028 (%)
Exhibits 60: Market opportunity by Type ($ million)
Exhibits 61: Data Table on Market opportunity by Type ($ million)
Exhibits 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 65: Chart on Geographic comparison
Exhibits 66: Data Table on Geographic comparison
Exhibits 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 88: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 89: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 107: Market opportunity By Geographical Landscape ($ million)
Exhibits 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 109: Impact of drivers and challenges in 2023 and 2028
Exhibits 110: Overview on Criticality of inputs and Factors of differentiation
Exhibits 111: Overview on factors of disruption
Exhibits 112: Impact of key risks on business
Exhibits 113: Vendors covered
Exhibits 114: Matrix on vendor position and classification
Exhibits 115: Arna Electric Auto Pvt. Ltd. - Overview
Exhibits 116: Arna Electric Auto Pvt. Ltd. - Product / Service
Exhibits 117: Arna Electric Auto Pvt. Ltd. - Key offerings
Exhibits 118: Bajaj Auto Ltd. - Overview
Exhibits 119: Bajaj Auto Ltd. - Business segments
Exhibits 120: Bajaj Auto Ltd. - Key offerings
Exhibits 121: Bajaj Auto Ltd. - Segment focus
Exhibits 122: BILITI ELECTRIC INC. USA - Overview
Exhibits 123: BILITI ELECTRIC INC. USA - Product / Service
Exhibits 124: BILITI ELECTRIC INC. USA - Key offerings
Exhibits 125: E Tuk Factory - Overview
Exhibits 126: E Tuk Factory - Product / Service
Exhibits 127: E Tuk Factory - Key offerings
Exhibits 128: Goenka Electric Motor Vehicles Pvt. Ltd. - Overview
Exhibits 129: Goenka Electric Motor Vehicles Pvt. Ltd. - Product / Service
Exhibits 130: Goenka Electric Motor Vehicles Pvt. Ltd. - Key offerings
Exhibits 131: Green Valley Motors - Overview
Exhibits 132: Green Valley Motors - Product / Service
Exhibits 133: Green Valley Motors - Key offerings
Exhibits 134: Jezza Motors - Overview
Exhibits 135: Jezza Motors - Product / Service
Exhibits 136: Jezza Motors - Key offerings
Exhibits 137: KINETIC ENGINEERING LTD. - Overview
Exhibits 138: KINETIC ENGINEERING LTD. - Product / Service
Exhibits 139: KINETIC ENGINEERING LTD. - Key offerings
Exhibits 140: KUKU Automotives - Overview
Exhibits 141: KUKU Automotives - Product / Service
Exhibits 142: KUKU Automotives - Key offerings
Exhibits 143: Mahindra and Mahindra Ltd. - Overview
Exhibits 144: Mahindra and Mahindra Ltd. - Business segments
Exhibits 145: Mahindra and Mahindra Ltd. - Key news
Exhibits 146: Mahindra and Mahindra Ltd. - Key offerings
Exhibits 147: Mahindra and Mahindra Ltd. - Segment focus
Exhibits 148: Piaggio and C. Spa - Overview
Exhibits 149: Piaggio and C. Spa - Business segments
Exhibits 150: Piaggio and C. Spa - Key news
Exhibits 151: Piaggio and C. Spa - Key offerings
Exhibits 152: Piaggio and C. Spa - Segment focus
Exhibits 153: QSD - Overview
Exhibits 154: QSD - Product / Service
Exhibits 155: QSD - Key offerings
Exhibits 156: SN Solar Energy - Overview
Exhibits 157: SN Solar Energy - Product / Service
Exhibits 158: SN Solar Energy - Key offerings
Exhibits 159: Terra Motors India - Overview
Exhibits 160: Terra Motors India - Product / Service
Exhibits 161: Terra Motors India - Key offerings
Exhibits 162: TVS Motor Co. Ltd. - Overview
Exhibits 163: TVS Motor Co. Ltd. - Business segments
Exhibits 164: TVS Motor Co. Ltd. - Key news
Exhibits 165: TVS Motor Co. Ltd. - Key offerings
Exhibits 166: TVS Motor Co. Ltd. - Segment focus
Exhibits 167: Inclusions checklist
Exhibits 168: Exclusions checklist
Exhibits 169: Currency conversion rates for US$
Exhibits 170: Research methodology
Exhibits 171: Validation techniques employed for market sizing
Exhibits 172: Information sources
Exhibits 173: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global electric tuk tuks market: Arna Electric Auto Pvt. Ltd., BABA E Rickshaw, Bajaj Auto Ltd., BILITI ELECTRIC INC. USA, E Tuk Factory, Goenka Electric Motor Vehicles Pvt. Ltd., Green Valley Motors, Jezza Motors, KINETIC ENGINEERING LTD., KUKU Automotives, Mahindra and Mahindra Ltd., Piaggio and C. Spa, QSD, SAERA ELECTRIC AUTO PVT. LTD., SuperEco, TVS Motor Co. Ltd., Udaan E Rickshaw, ZUPERIA AUTO PVT. LTD., Terra Motors India, and SN Solar Energy.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the integration of electric tuk tuks into ride-sharing and e-hailing platforms."

According to the report, one of the major drivers for this market is the expansion of rental and subscription-based models for electric tuk-tuk ownership.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arna Electric Auto Pvt. Ltd.
  • BABA E Rickshaw
  • Bajaj Auto Ltd.
  • BILITI ELECTRIC INC. USA
  • E Tuk Factory
  • Goenka Electric Motor Vehicles Pvt. Ltd.
  • Green Valley Motors
  • Jezza Motors
  • KINETIC ENGINEERING LTD.
  • KUKU Automotives
  • Mahindra and Mahindra Ltd.
  • Piaggio and C. Spa
  • QSD
  • SAERA ELECTRIC AUTO PVT. LTD.
  • SuperEco
  • TVS Motor Co. Ltd.
  • Udaan E Rickshaw
  • ZUPERIA AUTO PVT. LTD.
  • Terra Motors India
  • SN Solar Energy

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