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電動3輪車の世界市場規模は2024年で13億ドル、2030年に15億ドル、市場の平均年成長率は2.2%にて増加すると見込まれています。
レポートは電動3輪車の世界市場について2030年までの市場予測データ(金額US$、数量Units)を掲載しています。同市場をさまざまな区分で細分化し、そのセグメント市場ごとの市場予測(エンドユーズ別市場、バッテリータイプ別市場、等)を中心に構成されています。また競合状況、主要企業情報(12社)、ケーススタディ分析、規制状況なども加味し、電動3輪車市場の動向および今後成長性を詳細にレポートしています。
【レポート構成概要】
◆電動3輪車市場の世界市場予測2020-2030年
・市場規模(US$)
・数量(Units)
◆エンドユーズ別、市場-2030年
・乗用
・荷物運搬車
※(市場規模US$、数量Units)
◆バッテリータイプ別、市場-2030年
・鉛蓄電池
・リチウムイオン
・その他
※(数量Units)
◆バッテリー容量別、市場-2030年
・5KWH未満
・5-8KWH
・8KWH超
※(数量Units)
◆モータータイプ別、市場-2030年
・ハブモーター
・ミッドモーター
※(数量Units)
◆モーター出力別、市場-2030年
・1500W未満
・1500-2500W
・2500W超
※(数量Units)
◆ペイロード別、市場-2030年
・300KG以下
・300-500KG
・500KG超
※(数量Units)
◆距離別、市場-2030年
・50マイル未満
・50マイル超
※(数量Units)
◆主要国地域別市場-2030年
アジア太平洋
・日本、インド、タイ
・バングラデシュ、ネパール、スリランカ
・インドネシア、フィリピン、ベトナム
・中国、シンガポール
欧州
北米
その他地域
・サウジアラビア、南アフリカ共和国、UAE
※日本、インド、タイ、バングラデシュ、ネパール、スリランカ、インドネシア、フィリピン、ベトナムについては、各種セグメント別の細分化データ掲載、詳細は目次参照
◆市場分析
・市場ダイナミクス
・バリューチェーン分析
・平均価格分析
・エコシステム分析
・投資と資金調達のシナリオ
・主要なステークホルダーと購買基準
・貿易分析
・技術分析
・特許分析
・ケーススタディ分析
・規制状況
・主要な会議とイベント
・競合状況
・市場シェア分析
◆電動3輪車市場の主要企業プロフィール動向
・MAHINDRA&MAHINDRA LTD
・YC ELECTRIC VEHICLE
・SAERA ELECTRIC AUTO PVT LTD
・PIAGGIO GROUP
・CITYLIFE ELECTRIC VEHICLES
・KINETIC GREEN
・MINI METRO EV LLP
・ATUL AUTO LTD
・TERRA MOTORS CORPORATION
・LOHIA AUTO INDUSTRIES
・BAJAJ AUTO LTD
・OMEGA SEIKI MOBILITY
その他企業
・JIANGSU JINPENG GROUP CO, LTD
・SKYRIDE E RICKSHAW
・SHADO GROUP INTERNATIONAL PTE LTD
・XIANGHE QIANGSHENG ELECTRIC TRICYCLE FACTORY
・KYBURZ
・PROZZA HIROSE MANUFACTURING INC
・GAYAM MOTOR WORKS PVT LTD
・BEMAC CORPORATION
・JS AUTO (P) LTD
・SAARTHI E-RICKSHAW
・UNIQUE INTERNATIONAL
・EULER MOTERS
・LECTRIX EV PRIVATE LIMITED
(全327頁)
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 25
・ TABLE 1 ELECTRIC 3 WHEELER MARKET, BY END USE 25
・ TABLE 2 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE 26
・ TABLE 3 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE 26
・ TABLE 4 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER 27
・ TABLE 5 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY 27
・ TABLE 6 ELECTRIC 3 WHEELER MARKET, BY RANGE 27
・ TABLE 7 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY 28
1.3 INCLUSIONS AND EXCLUSIONS 28
・ TABLE 8 ELECTRIC 3 WHEELER MARKET: INCLUSIONS AND EXCLUSIONS 28
1.4 MARKET SCOPE 29
・ FIGURE 1 MARKET SEGMENTATION 29
1.4.1 REGION SCOPE 30
1.4.2 YEARS CONSIDERED 30
1.5 CURRENCY CONSIDERED 31
・ TABLE 9 CURRENCY EXCHANGE RATES 31
1.6 STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
・ FIGURE 2 ELECTRIC 3 WHEELER MARKET: RESEARCH DESIGN 33
・ FIGURE 3 RESEARCH DESIGN MODEL 34
2.1.1 SECONDARY DATA 34
2.1.2 KEY SECONDARY SOURCES 35
2.1.2.1 LIST OF SECONDARY SOURCES 35
2.1.2.2 KEY DATA FROM SECONDARY SOURCES 36
2.1.3 PRIMARY DATA 36
2.1.3.1 PRIMARY INTERVIEWS – DEMAND AND SUPPLY SIDES 37
2.1.3.2 KEY INDUSTRY INSIGHTS AND BREAKDOWN OF PRIMARY INTERVIEWS 37
・ FIGURE 4 KEY INDUSTRY INSIGHTS 37
・ FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS 38
2.1.3.3 LIST OF PRIMARY PARTICIPANTS 38
2.2 MARKET SIZE ESTIMATION 39
・ FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 40
2.2.1 BOTTOM-UP APPROACH 40
・ FIGURE 7 BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 41
・ FIGURE 8 TOP-DOWN APPROACH 41
・ FIGURE 9 ELECTRIC 3 WHEELER MARKET: RESEARCH DESIGN & METHODOLOGY 42
2.2.3 RECESSION IMPACT ANALYSIS 42
2.3 DATA TRIANGULATION 43
・ FIGURE 10 MARKET BREAKDOWN AND DATA TRIANGULATION 43
・ FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 44
2.4 FACTOR ANALYSIS 45
2.5 RESEARCH ASSUMPTIONS 45
2.6 RESEARCH LIMITATIONS 46
3 EXECUTIVE SUMMARY 47
・ FIGURE 12 FACTORS DRIVING ELECTRIC 3 WHEELER MARKET 48
・ FIGURE 13 ELECTRIC 3 WHEELER MARKET DYNAMICS 49
・ FIGURE 14 INDIA TO DOMINATE ELECTRIC 3 WHEELER MARKET FROM 2024 TO 2030 50
・ FIGURE 15 KEY PLAYERS IN ELECTRIC 3 WHEELER MARKET 51
・ FIGURE 16 PASSENGER CARRIERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 52
4 PREMIUM INSIGHTS 53
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC 3 WHEELER MARKET 53
・ FIGURE 17 LOW OPERATING AND MAINTENANCE COSTS TO DRIVE MARKET 53
4.2 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER 53
・ FIGURE 18 1,500–2,500 W SEGMENT TO LEAD MARKET FROM 2024 TO 2030 53
4.3 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE 54
・ FIGURE 19 LITHIUM-ION SEGMENT TO LEAD MARKET BY 2030 54
4.4 ELECTRIC 3 WHEELER MARKET, BY RANGE 54
・ FIGURE 20 ABOVE 50 MILES SEGMENT TO REGISTER HIGHER CAGR FROM 2024 TO 2030 54
4.5 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY 55
・ FIGURE 21 5–8 KWH SEGMENT TO LEAD MARKET FROM 2024 TO 2030 55
4.6 ELECTRIC 3 WHEELER MARKET, BY END USE 55
・ FIGURE 22 PASSENGER CARRIERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 55
4.7 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY 56
・ FIGURE 23 300–500 KG SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 56
4.8 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE 56
・ FIGURE 24 MID MOTORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 56
4.9 ELECTRIC 3 WHEELER MARKET, BY COUNTRY 57
・ FIGURE 25 INDIA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 59
・ FIGURE 26 ELECTRIC 3 WHEELER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
5.2.1 DRIVERS 59
5.2.1.1 LOW OPERATING AND MAINTENANCE COSTS 59
・ FIGURE 27 ELECTRICITY TARIFF FOR PERSONAL USE CASES AT DIFFERENT LEVELS OF ENERGY CONSUMPTION 60
・ TABLE 10 MAINTENANCE COST OF ELECTRIC 3 WHEELERS, BY VEHICLE MODEL 60
・ TABLE 11 AVERAGE ENERGY CONSUMPTION OF 3 WHEELERS 61
5.2.1.2 GOVERNMENT INCENTIVES AND SUBSIDIES 61
・ TABLE 12 INDIA: GOVERNMENT INCENTIVES, BY MODEL, 2023 62
・ TABLE 13 BUDGETARY ALLOCATION AND EXPENDITURE OF FUNDS UNDER FAME II 64
5.2.1.3 ADVANCEMENTS IN BATTERY TECHNOLOGY AND REDUCING BATTERY PRICES 65
・ TABLE 14 COMPARISON OF BATTERY TECHNOLOGIES IN ELECTRIC 3 WHEELERS 65
・ TABLE 15 INDIA: SPECIFICATIONS OF CHARGING INFRASTRUCTURE 67
・ FIGURE 28 LITHIUM-ION BATTERY PACK AND CELL PRICE SPLIT, 2013–2023 (USD/KWH) 68
5.2.1.4 ESTABLISHED MARKET FOR 3 WHEELERS IN URBAN TRANSPORTATION 69
・ FIGURE 29 ASIA PACIFIC: ELECTRIC 3 WHEELER SALES, 2020–2023 (THOUSAND UNITS) 69
5.2.1.5 STRINGENT EMISSION NORMS AND ENVIRONMENTAL REGULATIONS 69
・ TABLE 16 EMISSION REGULATION SPECIFICATIONS OF KEY COUNTRIES, BY FUEL TYPE, 2016–2023 70
5.2.2 RESTRAINTS 70
5.2.2.1 LACK OF CHARGING INFRASTRUCTURE 70
・ FIGURE 30 EV CHARGING STATION NETWORK IN INDIA 71
5.2.2.2 LIMITED POWER OUTPUT, RANGE, AND SPEED 72
・ TABLE 17 ELECTRIC 3 WHEELER RANGE 72
5.2.3 OPPORTUNITIES 73
5.2.3.1 AUTOMOBILE MANUFACTURER- AND CUSTOMER-ORIENTED POLICIES TO PROMOTE ELECTRIC 3 WHEELER SALES 73
5.2.3.2 PARTNERSHIPS BETWEEN OEMS AND DELIVERY AND LOGISTICS FLEET OPERATORS 74
・ TABLE 18 INDIA: ROLE OF E-RICKSHAW VS. ELECTRIC AUTO RICKSHAW 74
5.2.4 CHALLENGES 75
5.2.4.1 LIMITED BATTERY CAPACITY 75
・ TABLE 19 BATTERY CAPACITIES OF POPULAR ELECTRIC 3 WHEELER MODELS 75
5.2.4.2 HIGH INITIAL INVESTMENTS COMPARED TO ICE VARIANTS 76
・ FIGURE 31 AVERAGE TOTAL COST OF CONVENTIONAL VS ELECTRIC 3 WHEELERS (2023) 76
5.2.4.3 LACK OF COMPATIBILITY, INTERCHANGEABILITY, AND STANDARDIZATION 76
・ TABLE 20 ELECTRIC 3 WHEELER MARKET: IMPACT OF MARKET DYNAMICS 77
5.3 VALUE CHAIN ANALYSIS 78
・ FIGURE 32 ELECTRIC 3 WHEELER MARKET: VALUE CHAIN ANALYSIS 78
5.4 PRICING ANALYSIS 79
5.4.1 OEM-WISE PRICING ANALYSIS 80
・ TABLE 21 OEM ELECTRIC 3 WHEELER PRICING ANALYSIS, 2023 (USD) 80
5.4.2 ASIA PACIFIC: AVERAGE SELLING PRICE TREND 80
・ TABLE 22 ELECTRIC 3 WHEELER MARKET: ASIA PACIFIC AVERAGE PRICE TREND, 2020–2030 80
・ FIGURE 33 VOLUME WEIGHTED AVERAGE LITHIUM-ION BATTERY PACK AND CELL PRICE SPLIT, 2013–2023 (USD/KWH) 81
5.5 ECOSYSTEM ANALYSIS 82
・ FIGURE 34 ELECTRIC 3 WHEELER MARKET ECOSYSTEM ANALYSIS 82
5.5.1 OEMS 82
5.5.2 RAW MATERIAL SUPPLIERS 82
5.5.3 BATTERY MANUFACTURERS 83
5.5.4 CHARGING INFRASTRUCTURE PROVIDERS 83
5.5.5 POWERTRAIN MANUFACTURERS 83
5.5.6 COMPONENT MANUFACTURERS 83
・ TABLE 23 ELECTRIC 3 WHEELER MARKET: ROLE OF COMPANIES IN ECOSYSTEM 83
5.6 TOTAL COST OF OWNERSHIP (TCO) ANALYSIS 85
・ TABLE 24 TCO COMPARISON ACROSS ELECTRIC 3W VS DIESEL 3W VEHICLES (2023) 85
・ TABLE 25 TCO COMPARISON ACROSS ELECTRIC 3W VS DIESEL 3W VEHICLES (2030) 86
5.7 BILL OF MATERIALS (BOM) ANALYSIS 86
・ FIGURE 35 BILL OF MATERIALS FOR ELECTRIC 3 WHEELER COMPONENTS (2023) 87
5.8 INVESTMENT AND FUNDING SCENARIO 87
・ FIGURE 36 ELECTRIC 3 WHEELER MARKET: INVESTMENT AND FUNDING SCENARIO, 2020–2023 88
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 88
5.9.1 PASSENGER CARRIERS 88
5.9.2 LOAD CARRIERS 89
5.10 KEY STAKEHOLDERS IN BUYING PROCESS 89
・ FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 END USES 89
・ TABLE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 END USES (%) 89
5.10.1 BUYING CRITERIA 90
・ FIGURE 38 KEY BUYING CRITERIA FOR TOP 2 END USES 90
・ TABLE 27 KEY BUYING CRITERIA FOR TOP 2 END USES 90
5.11 TRADE ANALYSIS 91
5.11.1 IMPORT/EXPORT SCENARIO (HS CODE 870390) 91
・ TABLE 28 IMPORT DATA FOR HS CODE 870390, BY COUNTRY, 2020–2023 (USD MILLION) 91
・ TABLE 29 EXPORT DATA FOR HS CODE 870390, BY COUNTRY, 2020–2023 (USD MILLION) 92
5.12 TECHNOLOGY ANALYSIS 92
5.12.1 KEY TECHNOLOGIES 92
5.12.1.1 REGENERATIVE BRAKING SYSTEMS 92
・ FIGURE 39 REGENERATIVE BRAKING IN ELECTRIC 3 WHEELERS 93
5.12.1.2 SOLID-STATE BATTERY (SSB) 93
5.12.2 COMPLEMENTARY TECHNOLOGIES 94
5.12.2.1 BATTERY SWAPPING IN ELECTRIC 3 WHEELERS 94
・ FIGURE 40 PHOTOVOLTAIC (PV)-BASED BATTERY SWAPPING STATIONS 95
5.12.3 ADJACENT TECHNOLOGIES 95
5.12.3.1 IOT IN ELECTRIC 3 WHEELERS 95
・ FIGURE 41 IOT-ENABLED SMART GRID 96
5.12.3.2 HYDROGEN FUEL CELL 96
・ FIGURE 42 COMPARISON OF HYDROGEN AND ELECTRIC VEHICLE DRIVE 97
5.13 PATENT ANALYSIS 98
・ FIGURE 43 NUMBER OF PUBLISHED PATENTS, 2014–2023 98
5.13.1 LEGAL STATUS OF PATENTS 98
・ FIGURE 44 LEGAL STATUS OF PATENTS FILED FOR ELECTRIC 3 WHEELERS 98
5.13.2 TOP PATENT APPLICANTS 99
・ FIGURE 45 TOP PATENT APPLICANTS, 2014–2023 99
・ TABLE 30 PATENT ANALYSIS 99
5.14 CASE STUDIES 106
5.14.1 CASE STUDY 1: RACE ENERGY’S BATTERY-SWAPPING SOLUTION 106
5.14.2 CASE STUDY 2: OPTIMIZING ELECTRIC VEHICLE PERFORMANCE IN WEST BENGAL’S HETEROGENEOUS TRAFFIC 106
5.14.3 CASE STUDY 3: ALTIGREEN’S ELECTRIC 3 WHEELER CARGO REVOLUTION 107
5.14.4 CASE STUDY 4: KOCHI’S JOURNEY TO ELECTRIC AUTORICKSHAWS 107
5.14.5 CASE STUDY 5: TURNO’S ELECTRIC GOODS VEHICLES TRANSFORM DAIRY DISTRIBUTION 108
5.14.6 CASE STUDY 6: ZYNGO EV MOBILITY’S PATH TO SUSTAINABLE DELIVERY SOLUTIONS IN INDIA 108
5.14.7 CASE STUDY 7: ELECTRIC 3 WHEELER LOGISTICS FLEET OPERATION WITH CAPTIVE PLUG-IN CHARGING 109
5.14.8 CASE STUDY 8: ELECTRIC 3 WHEELER LOGISTICS FLEET OPERATION WITH BATTERY SWAPPING 110
5.15 REGULATORY LANDSCAPE 110
5.15.1 INDIA 111
・ TABLE 31 SUBSIDY BY VEHICLE TYPE UNDER FAME II 111
・ TABLE 32 INDIA: GOVERNMENT INCENTIVES, BY STATE 111
5.15.2 CHINA 113
5.15.3 THAILAND 113
5.15.4 VIETNAM 113
5.15.5 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
・ TABLE 33 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
・ TABLE 34 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 115
・ TABLE 35 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 116
5.16 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 117
・ FIGURE 46 ELECTRIC 3 WHEELER MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 117
5.17 KEY CONFERENCES AND EVENTS 118
・ TABLE 36 ELECTRIC 3 WHEELER MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024 118
5.18 FUNCTIONAL SAFETY (FUSA) IN AUTOMOTIVE 118
・ TABLE 37 AUTOMOTIVE SAFETY INTEGRITY LEVELS FOR AUTOMOTIVE INDUSTRY 119
・ FIGURE 47 ASIL FOR ELECTRIFICATION COMPONENTS IN EVS 119
5.18.1 MAJOR FUNCTIONAL SAFETY (FUSA) USE CASES IN EVS 120
5.18.1.1 HIGH-POWER VEHICLE ARCHITECTURE 120
5.18.1.2 BATTERY MANAGEMENT SYSTEMS 120
5.18.1.3 CURRENT PROTECTION SYSTEMS 120
5.18.1.4 THERMAL MANAGEMENT SYSTEMS 120
5.18.2 FUNCTIONAL SAFETY TRENDS 120
6 ELECTRIC 3 WHEELER MARKET, BY END USE 121
6.1 INTRODUCTION 122
・ FIGURE 48 LOAD CARRIERS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 122
・ TABLE 38 ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (USD MILLION) 123
・ TABLE 39 ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (USD MILLION) 123
・ TABLE 40 ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 123
・ TABLE 41 ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 123
6.1.1 OPERATIONAL DATA 124
・ TABLE 42 TOP-SELLING ELECTRIC 3 WHEELER MODELS, BY END USE 124
6.2 PASSENGER CARRIERS 124
6.2.1 DEMAND FOR COST-EFFECTIVE URBAN TRANSPORTATION TO DRIVE MARKET 124
・ TABLE 43 PASSENGER CARRIERS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 125
・ TABLE 44 PASSENGER CARRIERS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 125
6.3 LOAD CARRIERS 126
6.3.1 GOVERNMENT INCENTIVE SCHEMES AND SUBSIDY PROGRAMS TO DRIVE MARKET 126
・ TABLE 45 LOAD CARRIERS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 126
・ TABLE 46 LOAD CARRIERS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 127
6.4 KEY PRIMARY INSIGHTS 127
7 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE 128
7.1 INTRODUCTION 129
・ FIGURE 49 LITHIUM-ION SEGMENT TO LEAD MARKET BY 2030 129
・ TABLE 47 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 129
・ TABLE 48 ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 130
7.1.1 OPERATIONAL DATA 130
・ TABLE 49 ELECTRIC 3 WHEELER MODELS, BY BATTERY TYPE 130
・ TABLE 50 REPLACEMENT COST FOR BATTERY PACKS 132
7.2 LEAD-ACID 132
7.2.1 DEMAND FOR AFFORDABLE LAST-MILE TRANSPORTATION AND LOGISTICS SERVICES TO DRIVE MARKET 132
7.3 LITHIUM-ION 133
7.3.1 ONGOING INNOVATIONS AND ADVANCEMENTS IN BATTERY TECHNOLOGY TO DRIVE MARKET 133
・ TABLE 51 COST OF POPULAR LITHIUM-ION BATTERIES FOR ELECTRIC 3 WHEELERS 133
7.4 OTHERS 134
・ TABLE 52 SODIUM-ION BATTERY PROVIDERS 135
7.5 KEY PRIMARY INSIGHTS 135
8 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY 136
8.1 INTRODUCTION 137
・ TABLE 53 TYPES OF BATTERIES AND THEIR CHARACTERISTICS 137
・ FIGURE 50 5–8 KWH SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 137
・ TABLE 54 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 138
・ TABLE 55 ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 138
8.2 BELOW 5 KWH 138
8.2.1 DEMAND FOR AFFORDABLE AND ZERO-EMISSION TRANSPORTATION TO DRIVE MARKET 138
・ TABLE 56 BELOW 5 KWH: ELECTRIC 3 WHEELER MARKET, BY MODEL 139
8.3 5–8 KWH 140
8.3.1 NEED FOR HIGHER RANGE AND CARRIAGE CAPACITY TO DRIVE MARKET 140
・ TABLE 57 5–8 KWH: ELECTRIC 3 WHEELER MARKET, BY MODEL 140
8.4 ABOVE 8 KWH 141
8.4.1 GROWING DEMAND FOR HIGHER BATTERY CAPACITY FOR LAST-MILE DELIVERY TO DRIVE MARKET 141
・ TABLE 58 ABOVE 8 KWH: ELECTRIC 3 WHEELER MARKET, BY MODEL 142
8.5 KEY PRIMARY INSIGHTS 142
9 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE 143
9.1 INTRODUCTION 144
・ FIGURE 51 MID MOTOR SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 144
・ TABLE 59 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 144
・ TABLE 60 ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 145
9.2 HUB MOTORS 145
9.2.1 NEED FOR RESPONSIVE ACCELERATION, PRECISE CONTROL, AND LOW MAINTENANCE TO DRIVE DEMAND 145
・ TABLE 61 HUB MOTORS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 146
・ TABLE 62 HUB MOTOR: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 146
9.3 MID MOTORS 147
9.3.1 COST-EFFECTIVENESS AND HIGHER EFFICIENCY TO DRIVE DEMAND 147
・ TABLE 63 MID MOTORS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 147
・ TABLE 64 MID MOTORS: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 148
9.4 OTHER MOTORS 148
9.5 KEY PRIMARY INSIGHTS 148
10 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER 149
10.1 INTRODUCTION 150
・ FIGURE 52 1,500–2,500 W SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 150
・ TABLE 65 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 151
・ TABLE 66 ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 151
10.1.1 OPERATIONAL DATA 151
・ TABLE 67 POPULAR ELECTRIC 3 WHEELER MODELS, BY MOTOR POWER 151
・ FIGURE 53 ELECTRIC 3 WHEELER POWERTRAIN ARCHITECTURE 154
・ TABLE 68 FACTORS DECIDING MOTOR POWER OF ELECTRIC 3 WHEELERS 154
10.2 BELOW 1,500 W 155
10.2.1 DECARBONIZATION OBJECTIVES AND STRINGENT GOVERNMENT EMISSION REGULATIONS TO DRIVE MARKET 155
・ TABLE 69 BELOW 1,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 155
・ TABLE 70 BELOW 1,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 156
10.3 1,500–2,500 W 156
10.3.1 GROWING FOCUS OF OEMS ON PERFORMANCE ENHANCEMENT TO DRIVE MARKET 156
・ TABLE 71 1,500–2,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 157
・ TABLE 72 1,500–2,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 157
10.4 ABOVE 2,500 W 158
10.4.1 CONTINUED INNOVATION AND INVESTMENT IN ELECTRIC VEHICLE TECHNOLOGY TO DRIVE MARKET 158
・ TABLE 73 ABOVE 2,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 158
・ TABLE 74 ABOVE 2,500 W: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 159
10.5 KEY PRIMARY INSIGHTS 159
11 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY 160
11.1 INTRODUCTION 161
・ FIGURE 54 300–500 KG SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 161
・ TABLE 75 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY, 2020–2023 (UNITS) 161
・ TABLE 76 ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY, 2024–2030 (UNITS) 162
11.2 UP TO 300 KG 162
11.2.1 INCREASING DEMAND FOR AFFORDABLE ELECTRIC 3 WHEELERS TO DRIVE MARKET 162
11.3 300–500 KG 162
11.3.1 INCREASING DEMAND IN E-COMMERCE AND LOGISTICS TO DRIVE SEGMENT 162
・ TABLE 77 300–500 KG LOAD CAPACITY MODELS 163
11.4 ABOVE 500 KG 164
11.4.1 GROWING DEMAND FOR SUSTAINABLE TRANSPORTATION SOLUTIONS IN LOGISTICS INDUSTRY TO DRIVE MARKET 164
・ TABLE 78 ABOVE 500 KG PAYLOAD CAPACITY MODELS 165
11.5 KEY PRIMARY INSIGHTS 165
12 ELECTRIC 3 WHEELER MARKET, BY RANGE 166
12.1 INTRODUCTION 167
・ FIGURE 55 LESS THAN 50 MILES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 167
・ TABLE 79 ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 168
・ TABLE 80 ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 168
12.2 LESS THAN 50 MILES 168
12.2.1 DEMAND FOR SHORT-DISTANCE URBAN COMMUTING AND TRANSPORTATION TO DRIVE SEGMENT 168
12.2.2 OPERATIONAL DATA 169
・ TABLE 81 ELECTRIC 3 WHEELER MODELS WITH LESS THAN 50 MILES RANGE 169
・ TABLE 82 LESS THAN 50 MILES: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 170
・ TABLE 83 LESS THAN 50 MILES: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 170
12.3 ABOVE 50 MILES 171
12.3.1 IMPROVEMENT IN BATTERY TECHNOLOGY TO DRIVE SEGMENT 171
12.3.2 OPERATIONAL DATA 171
・ TABLE 84 ELECTRIC 3 WHEELER MODELS WITH ABOVE 50 MILES RANGE 171
・ TABLE 85 ABOVE 50 MILES: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 173
・ TABLE 86 ABOVE 50 MILES: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 173
12.4 KEY PRIMARY INSIGHTS 174
13 ELECTRIC 3 WHEELER MARKET, BY REGION 175
13.1 INTRODUCTION 176
・ FIGURE 56 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024 VS. 2030 177
・ TABLE 87 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2020–2023 (UNITS) 177
・ TABLE 88 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET, BY COUNTRY, 2024–2030 (UNITS) 178
・ TABLE 89 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (USD MILLION) 178
・ TABLE 90 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (USD MILLION) 178
13.2 ASIA PACIFIC 179
・ FIGURE 57 ASIA PACIFIC: ELECTRIC 3 WHEELER MARKET SNAPSHOT 179
13.2.1 RECESSION IMPACT ANALYSIS 180
13.2.2 INDIA 180
13.2.2.1 INCREASING TREND OF LAST-MILE DELIVERY AND BATTERY SWAPPING TO DRIVE MARKET 180
・ TABLE 91 INDIA: GOVERNMENT SUBSIDIES AND INCENTIVES FOR ELECTRIC 3 WHEELERS, BY STATE 180
・ TABLE 92 COMPANIES ADOPTING ELECTRIC 3 WHEELER LOAD CARRIERS IN INDIA 182
・ TABLE 93 DEVELOPMENTS OF BATTERY SWAPPING STATIONS IN INDIA 183
・ TABLE 94 INDIA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 184
・ TABLE 95 INDIA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 184
・ TABLE 96 INDIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 185
・ TABLE 97 INDIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 185
・ TABLE 98 INDIA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 185
・ TABLE 99 INDIA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 185
・ TABLE 100 INDIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 185
・ TABLE 101 INDIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 186
・ TABLE 102 INDIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 186
・ TABLE 103 INDIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 186
・ TABLE 104 INDIA: ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY, 2020–2023 (UNITS) 186
・ TABLE 105 INDIA: ELECTRIC 3 WHEELER MARKET, BY PAYLOAD CAPACITY, 2024–2030 (UNITS) 187
・ TABLE 106 INDIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 187
・ TABLE 107 INDIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 187
13.2.3 JAPAN 188
13.2.3.1 GOVERNMENT FOCUS ON IMPROVING ELECTRIC VEHICLE ECOSYSTEM TO DRIVE MARKET 188
・ TABLE 108 GOVERNMENT INITIATIVES FOR EV ADOPTION IN JAPAN 189
・ TABLE 109 JAPAN: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 189
・ TABLE 110 JAPAN: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 189
・ TABLE 111 JAPAN: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 189
・ TABLE 112 JAPAN: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 190
・ TABLE 113 JAPAN: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 190
・ TABLE 114 JAPAN: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 190
・ TABLE 115 JAPAN: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 190
・ TABLE 116 JAPAN: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 191
・ TABLE 117 JAPAN: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 191
・ TABLE 118 JAPAN: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 191
・ TABLE 119 JAPAN: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 191
・ TABLE 120 JAPAN: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 192
13.2.4 THAILAND 192
13.2.4.1 GROWING DEMAND FOR E-TUK-TUK FOR LOCAL TRANSPORT TO DRIVE MARKET 192
・ TABLE 121 GOVERNMENT INITIATIVES FOR EV ADOPTION IN THAILAND 193
・ TABLE 122 THAILAND: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 193
・ TABLE 123 THAILAND: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 193
・ TABLE 124 THAILAND: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 193
・ TABLE 125 THAILAND: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 194
・ TABLE 126 THAILAND: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 194
・ TABLE 127 THAILAND: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 194
・ TABLE 128 THAILAND: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 194
・ TABLE 129 THAILAND: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 195
・ TABLE 130 THAILAND: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 195
・ TABLE 131 THAILAND: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 195
・ TABLE 132 THAILAND: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 195
・ TABLE 133 THAILAND: ELECTRIC 3 WHEELER MARKET, BY BATTERY MOTOR TYPE, 2024–2030 (UNITS) 196
13.2.5 BANGLADESH 196
13.2.5.1 DEVELOPMENTS BY MAJOR OEMS TO DRIVE MARKET 196
・ TABLE 134 ELECTRIC 3 WHEELER DEVELOPMENTS IN BANGLADESH 197
・ TABLE 135 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 197
・ TABLE 136 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 197
・ TABLE 137 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 198
・ TABLE 138 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 198
・ TABLE 139 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 198
・ TABLE 140 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 198
・ TABLE 141 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 198
・ TABLE 142 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 199
・ TABLE 143 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 199
・ TABLE 144 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 199
・ TABLE 145 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 199
・ TABLE 146 BANGLADESH: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 200
13.2.6 NEPAL 200
13.2.6.1 PRIVATE SECTOR FINANCING TO DRIVE MARKET 200
・ TABLE 147 GOVERNMENT INITIATIVES FOR EV ADOPTION IN NEPAL 200
・ TABLE 148 MAJOR ELECTRIC 3 WHEELER INVESTMENTS PROPOSED IN NEPAL 201
・ TABLE 149 NEPAL: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 201
・ TABLE 150 NEPAL: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 201
・ TABLE 151 NEPAL: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 202
・ TABLE 152 NEPAL: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 202
・ TABLE 153 NEPAL: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 202
・ TABLE 154 NEPAL: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 202
・ TABLE 155 NEPAL: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 202
・ TABLE 156 NEPAL: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 203
・ TABLE 157 NEPAL: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 203
・ TABLE 158 NEPAL: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 203
・ TABLE 159 NEPAL: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 203
・ TABLE 160 NEPAL: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 204
13.2.7 SRI LANKA 204
13.2.7.1 OEM INITIATIVES TOWARDS GREEN MOBILITY TO DRIVE MARKET 204
・ TABLE 161 LITHIUM-ION BATTERY IMPORTERS IN SRI LANKA (2023) 205
・ TABLE 162 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 205
・ TABLE 163 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 205
・ TABLE 164 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 205
・ TABLE 165 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 206
・ TABLE 166 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 206
・ TABLE 167 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 206
・ TABLE 168 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 206
・ TABLE 169 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 207
・ TABLE 170 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 207
・ TABLE 171 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 207
・ TABLE 172 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 207
・ TABLE 173 SRI LANKA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 208
13.2.8 INDONESIA 208
13.2.8.1 REMOVAL OF IMPORT DUTIES AND LUXURY TAX ON EVS TO DRIVE MARKET 208
・ TABLE 174 GOVERNMENT INITIATIVES FOR EV ADOPTION IN INDONESIA 209
・ TABLE 175 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 209
・ TABLE 176 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 209
・ TABLE 177 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 209
・ TABLE 178 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 210
・ TABLE 179 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 210
・ TABLE 180 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 210
・ TABLE 181 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 210
・ TABLE 182 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 211
・ TABLE 183 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 211
・ TABLE 184 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 211
・ TABLE 185 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 211
・ TABLE 186 INDONESIA: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 212
13.2.9 PHILIPPINES 212
13.2.9.1 RISING TOURISM SECTOR TO DRIVE MARKET 212
・ TABLE 187 GOVERNMENT INITIATIVES FOR EV ADOPTION IN PHILIPPINES 212
・ TABLE 188 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 213
・ TABLE 189 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 213
・ TABLE 190 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 213
・ TABLE 191 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 213
・ TABLE 192 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 213
・ TABLE 193 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 214
・ TABLE 194 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 214
・ TABLE 195 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 214
・ TABLE 196 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 214
・ TABLE 197 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 215
・ TABLE 198 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 215
・ TABLE 199 PHILIPPINES: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 215
13.2.10 VIETNAM 216
13.2.10.1 SUPPORTIVE GOVERNMENT POLICIES FOR EV ADOPTION TO IMPROVE AIR QUALITY TO DRIVE MARKET 216
・ TABLE 200 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY END USE, 2020–2023 (UNITS) 216
・ TABLE 201 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY END USE, 2024–2030 (UNITS) 216
・ TABLE 202 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2020–2023 (UNITS) 217
・ TABLE 203 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY MOTOR POWER, 2024–2030 (UNITS) 217
・ TABLE 204 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2020–2023 (UNITS) 217
・ TABLE 205 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY RANGE, 2024–2030 (UNITS) 217
・ TABLE 206 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2020–2023 (UNITS) 217
・ TABLE 207 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY BATTERY TYPE, 2024–2030 (UNITS) 218
・ TABLE 208 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2020–2023 (UNITS) 218
・ TABLE 209 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY BATTERY CAPACITY, 2024–2030 (UNITS) 218
・ TABLE 210 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2020–2023 (UNITS) 218
・ TABLE 211 VIETNAM: ELECTRIC 3 WHEELER MARKET, BY MOTOR TYPE, 2024–2030 (UNITS) 219
13.2.11 CHINA 219
13.2.11.1 IMPROVED CHARGING INFRASTRUCTURE TO DRIVE MARKET 219
・ TABLE 212 EV INFRASTRUCTURE IN CHINA 219
・ TABLE 213 EV BATTERY MANUFACTURERS IN CHINA 220
13.2.12 SINGAPORE 220
13.2.12.1 GOVERNMENT FOCUS ON GREEN MOBILITY TO DRIVE MARKET 220
・ TABLE 214 GOVERNMENT INITIATIVES FOR EV ADOPTION IN SINGAPORE 221
13.3 EUROPE 221
13.3.1 RECESSION IMPACT ANALYSIS 221
13.3.2 GERMANY 222
13.3.2.1 GROWING MICRO-MOBILITY AND CARGO LAST-MILE DELIVERY DEMAND TO DRIVE MARKET 222
・ TABLE 215 GOVERNMENT INITIATIVES FOR EV ADOPTION IN GERMANY 222
13.3.3 FRANCE 222
13.3.3.1 NEED FOR ZERO-EMISSION LAST-MILE DELIVERY TO DRIVE MARKET 222
・ TABLE 216 GOVERNMENT INITIATIVES FOR EV ADOPTION IN FRANCE 223
13.3.4 SPAIN 223
13.3.4.1 GOVERNMENT SUPPORT AND INCENTIVES TO DRIVE MARKET 223
・ TABLE 217 GOVERNMENT INITIATIVES FOR EV ADOPTION IN SPAIN 223
13.3.5 ITALY 224
13.3.5.1 STRONG R&D ECOSYSTEM FOR ELECTRIC 3 WHEELERS TO DRIVE MARKET 224
・ TABLE 218 GOVERNMENT INITIATIVES FOR EV ADOPTION IN ITALY 224
13.3.6 UK 224
13.3.6.1 GOVERNMENT PLANS TO ELECTRIFY ALL ON-ROAD VEHICLES FROM 2035 TO DRIVE MARKET 224
・ TABLE 219 GOVERNMENT INITIATIVES FOR EV ADOPTION IN UK 224
13.4 NORTH AMERICA 225
13.4.1 RECESSION IMPACT ANALYSIS 225
13.4.2 US 225
13.4.2.1 GOVERNMENT PLANS TO SLASH TAILPIPE EMISSIONS BY 49% BY 2032 TO DRIVE MARKET 225
・ TABLE 220 GOVERNMENT INITIATIVES FOR EV ADOPTION IN US 225
13.4.3 CANADA 226
13.4.3.1 DEMAND FOR ELECTRIC TRIKES FOR PERSONAL USE TO DRIVE MARKET 226
・ TABLE 221 GOVERNMENT INITIATIVES FOR EV ADOPTION IN CANADA 226
13.5 REST OF THE WORLD 226
13.5.1 RECESSION IMPACT ANALYSIS 226
13.5.2 SAUDI ARABIA 227
13.5.2.1 BACKING FROM PUBLIC INVESTMENT FUND TO DRIVE MARKET 227
13.5.3 SOUTH AFRICA 227
13.5.3.1 INCREASE IN EV IMPORTS AND IMPROVEMENT IN EV CHARGING INFRASTRUCTURE TO DRIVE MARKET 227
13.5.4 UAE 227
13.5.4.1 NATIONAL ELECTRIC VEHICLES POLICY TO DRIVE MARKET 227
14 COMPETITIVE LANDSCAPE 228
14.1 OVERVIEW 228
14.2 KEY PLAYER STRATEGIES, 2021–2024 228
・ TABLE 222 KEY PLAYER STRATEGIES, JANUARY 2021– MARCH 2024 228
14.3 MARKET SHARE ANALYSIS 229
・ TABLE 223 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2023 229
・ FIGURE 58 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023 229
14.4 REVENUE ANALYSIS 231
・ FIGURE 59 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 231
14.5 COMPANY VALUATION AND FINANCIAL METRICS 232
・ FIGURE 60 COMPANY VALUATION OF ELECTRIC 3 WHEELER MANUFACTURERS 232
・ FIGURE 61 FINANCIAL METRICS OF ELECTRIC 3 WHEELER MANUFACTURERS 232
14.6 BRAND/PRODUCT COMPARISON 233
・ FIGURE 62 BRAND/PRODUCT COMPARISON OF TOP FIVE PLAYERS 233
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 234
14.7.1 STARS 234
14.7.2 EMERGING LEADERS 234
14.7.3 PERVASIVE PLAYERS 234
14.7.4 PARTICIPANTS 234
・ FIGURE 63 ELECTRIC 3 WHEELER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 235
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 236
・ FIGURE 64 ELECTRIC 3 WHEELER MARKET: COMPANY FOOTPRINT, 2023 236
・ TABLE 224 ELECTRIC 3 WHEELER MARKET: REGION FOOTPRINT, 2023 237
・ TABLE 225 ELECTRIC 3 WHEELER MARKET: PRODUCT FOOTPRINT, 2023 237
・ TABLE 226 ELECTRIC 3 WHEELER MARKET: END USE FOOTPRINT, 2023 238
・ TABLE 227 ELECTRIC 3 WHEELER MARKET: APPLICATION FOOTPRINT, 2023 238
14.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 239
14.8.1 PROGRESSIVE COMPANIES 239
14.8.2 RESPONSIVE COMPANIES 239
14.8.3 DYNAMIC COMPANIES 239
14.8.4 STARTING BLOCKS 239
・ FIGURE 65 ELECTRIC 3 WHEELER MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023 240
14.8.5 COMPETITIVE BENCHMARKING 241
・ TABLE 228 KEY START-UPS/SMES 241
・ TABLE 229 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 242
14.9 COMPETITIVE SCENARIO 242
14.9.1 PRODUCT LAUNCHES 242
・ TABLE 230 ELECTRIC 3 WHEELER MARKET: PRODUCT LAUNCHES, JANUARY 2021– MARCH 2024 242
14.9.2 DEALS 245
・ TABLE 231 ELECTRIC 3 WHEELER MARKET: DEALS, JANUARY 2021– MARCH 2024 245
14.9.3 EXPANSIONS 252
・ TABLE 232 ELECTRIC 3 WHEELER MARKET: EXPANSIONS, JANUARY 2021– MARCH 2024 252
14.9.4 OTHERS 254
・ TABLE 233 ELECTRIC 3 WHEELER MARKET: OTHERS, JANUARY 2021– MARCH 2024 254
15 COMPANY PROFILES 255
(BUSINESS OVERVIEW, PRODUCTS/SOLUTIONS/SERVICES OFFERED, RECENT DEVELOPMENTS & MNM VIEW)*
15.1 KEY PLAYERS 255
15.1.1 MAHINDRA&MAHINDRA LTD. 255
・ TABLE 234 MAHINDRA&MAHINDRA LTD.: COMPANY OVERVIEW 255
・ FIGURE 66 MAHINDRA&MAHINDRA LTD.: COMPANY SNAPSHOT 256
・ FIGURE 67 MAHINDRA&MAHINDRA LTD.: MANUFACTURING PLANTS IN INDIA 257
・ TABLE 235 MAHINDRA&MAHINDRA LTD.: PRODUCTS OFFERED 258
・ FIGURE 68 MAHINDRA&MAHINDRA LTD.: ELECTRIC 3 WHEELER PRODUCT PORTFOLIO 260
・ TABLE 236 MAHINDRA&MAHINDRA LTD.: PRODUCT LAUNCHES 261
・ TABLE 237 MAHINDRA&MAHINDRA LTD.: DEALS 262
・ TABLE 238 MAHINDRA&MAHINDRA LTD.: EXPANSIONS 264
15.1.2 YC ELECTRIC VEHICLE 265
・ TABLE 239 YC ELECTRIC VEHICLE: COMPANY OVERVIEW 265
・ TABLE 240 YC ELECTRIC VEHICLE: PRODUCTS OFFERED 265
・ TABLE 241 YC ELECTRIC VEHICLE: PRODUCTS AND FEATURES 266
15.1.3 SAERA ELECTRIC AUTO PVT. LTD. 268
・ TABLE 242 SAERA ELECTRIC AUTO PVT. LTD.: COMPANY OVERVIEW 268
・ TABLE 243 SAERA ELECTRIC AUTO PVT. LTD.: PRODUCTS OFFERED 268
・ TABLE 244 SAERA ELECTRIC AUTO PVT. LTD.: PRODUCT LAUNCHES 270
・ TABLE 245 SAERA ELECTRIC AUTO PVT. LTD.: DEALS 270
・ TABLE 246 SAERA ELECTRIC AUTO PVT. LTD.: EXPANSIONS 271
・ TABLE 247 SAERA ELECTRIC AUTO PVT. LTD.: OTHERS 271
15.1.4 PIAGGIO GROUP 273
・ TABLE 248 PIAGGIO GROUP: COMPANY OVERVIEW 273
・ FIGURE 69 PIAGGIO GROUP: COMPANY SNAPSHOT 274
・ TABLE 249 PIAGGIO GROUP: PRODUCTS OFFERED 275
・ TABLE 250 PIAGGIO GROUP: PRODUCT LAUNCHES 276
・ TABLE 251 PIAGGIO GROUP: DEALS 277
・ TABLE 252 PIAGGIO GROUP: EXPANSIONS 278
15.1.5 CITYLIFE ELECTRIC VEHICLES 280
・ TABLE 253 CITYLIFE ELECTRIC VEHICLES: COMPANY OVERVIEW 280
・ TABLE 254 CITYLIFE ELECTRIC VEHICLES: PRODUCTS OFFERED 280
15.1.6 KINETIC GREEN 283
・ TABLE 255 KINETIC GREEN: COMPANY OVERVIEW 283
・ FIGURE 70 KINETIC GREEN: COMPANY SNAPSHOT 283
・ TABLE 256 KINETIC GREEN: PRODUCTS OFFERED 284
・ TABLE 257 KINETIC GREEN: PRODUCT LAUNCHES 285
・ TABLE 258 KINETIC GREEN: DEALS 285
・ TABLE 259 KINETIC GREEN: EXPANSIONS 286
15.1.7 MINI METRO EV LLP 287
・ TABLE 260 MINI METRO EV LLP: COMPANY OVERVIEW 287
・ TABLE 261 MINI METRO EV LLP: PRODUCTS OFFERED 287
15.1.8 ATUL AUTO LTD. 291
・ TABLE 262 ATUL AUTO LTD.: COMPANY OVERVIEW 291
・ FIGURE 71 ATUL AUTO LTD.: COMPANY SNAPSHOT 292
・ FIGURE 72 ATUL AUTO LTD.: PRODUCT PORTFOLIO 292
・ TABLE 263 ATUL AUTO LTD.: PRODUCTS OFFERED 293
・ TABLE 264 ATUL AUTO LTD.: PRODUCT LAUNCHES 293
・ TABLE 265 ATUL AUTO LTD.: DEALS 294
・ TABLE 266 ATUL AUTO LTD.: EXPANSIONS 295
・ TABLE 267 ATUL AUTO LTD.: OTHERS 295
15.1.9 TERRA MOTORS CORPORATION 296
・ TABLE 268 TERRA MOTORS CORPORATION: COMPANY OVERVIEW 296
・ TABLE 269 TERRA MOTORS CORPORATION: PRODUCTS OFFERED 296
・ TABLE 270 TERRA MOTORS CORPORATION: PRODUCT LAUNCHES 298
・ TABLE 271 TERRA MOTORS CORPORATION: DEALS 298
・ TABLE 272 TERRA MOTORS CORPORATION: EXPANSIONS 299
15.1.10 LOHIA AUTO INDUSTRIES 300
・ TABLE 273 LOHIA AUTO INDUSTRIES: COMPANY OVERVIEW 300
・ FIGURE 73 ELECTRIC UTILITY VEHICLES OFFERED BY LOHIA AUTO INDUSTRIES 300
・ TABLE 274 LOHIA AUTO INDUSTRIES: PRODUCTS OFFERED 301
15.1.11 BAJAJ AUTO LTD. 302
・ TABLE 275 BAJAJ AUTO LTD.: COMPANY OVERVIEW 302
・ FIGURE 74 BAJAJ AUTO LTD.: COMPANY SNAPSHOT 302
・ TABLE 276 BAJAJ AUTO LTD.: PRODUCTS OFFERED 303
15.1.12 OMEGA SEIKI MOBILITY 304
・ TABLE 277 OMEGA SEIKI MOBILITY: COMPANY OVERVIEW 304
・ TABLE 278 OMEGA SEIKI MOBILITY: PRODUCTS OFFERED 304
・ TABLE 279 OMEGA SEIKI MOBILITY: PRODUCT LAUNCHES 306
・ TABLE 280 OMEGA SEIKI MOBILITY: DEALS 306
・ TABLE 281 OMEGA SEIKI MOBILITY: EXPANSIONS 308
*DETAILS ON BUSINESS OVERVIEW, PRODUCTS/SOLUTIONS/SERVICES OFFERED, RECENT DEVELOPMENTS & MNM VIEW MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES.
15.2 OTHER PLAYERS 309
15.2.1 JIANGSU JINPENG GROUP CO., LTD. 309
15.2.2 SKYRIDE E RICKSHAW 310
15.2.3 SHADO GROUP INTERNATIONAL PTE. LTD. 311
15.2.4 XIANGHE QIANGSHENG ELECTRIC TRICYCLE FACTORY 312
15.2.5 KYBURZ 313
15.2.6 PROZZA HIROSE MANUFACTURING INC. 313
15.2.7 GAYAM MOTOR WORKS PVT. LTD. 314
15.2.8 BEMAC CORPORATION 314
15.2.9 J.S. AUTO (P) LTD. 315
15.2.10 SAARTHI E-RICKSHAW 315
15.2.11 UNIQUE INTERNATIONAL 316
15.2.12 EULER MOTERS 316
15.2.13 LECTRIX EV PRIVATE LIMITED 317
16 RECOMMENDATIONS BY MARKETSANDMARKETS 318
16.1 INDIA: KEY FOCUS MARKET FOR ELECTRIC 3 WHEELERS 318
16.2 LAST-MILE DELIVERY, LOGISTICS, SUPPLY CHAIN, AND WAREHOUSING TO CREATE NEW OPPORTUNITIES FOR MANUFACTURERS 318
16.3 FALL IN BATTERY PRICES TO BRING DOWN TCO OF ELECTRIC 3 WHEELERS 319
16.4 CONCLUSION 319
17 APPENDIX