India electric three wheeler market is projected to cross $ 1 billion FY 2023F. Growth in the market is led by the growing 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.

Years considered for this report:

Historical Years: FY 2013 – FY 2016

Base Year: FY 2017

Estimated Year: FY 2018

Forecast Period: FY 2019 – FY2023

Objective of the Study:

  • To assess the demand for electric three wheelers in the country.
  • To analyze and forecast the market size of electric three wheeler market across the country.
  • To classify and forecast India electric three wheeler market on the basis vehicle type, battery capacity and region.
  • To identify drivers and challenges for India electric three wheeler market.
  • To identify market trends and developments in India electric three wheeler market.
  • To identify and analyze the profile of leading players involved in India electric three wheeler market.


Click here to download the brochure

Some of the major companies operating in India electric three wheeler market include    Lohia Auto Industries, Kinetic Green Energy & Power Solutions Ltd., Hero Electric Vehicles Pvt Ltd, Saera Electric Auto Pvt. Ltd., Terra Motors India Corp., and Clean Motion.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of electric three wheeler manufacturers and companies operating in different regions in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include system manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed service offerings, regional network, and regional presence of all major companies across the country.

TechSci Research calculated the market size for India electric three wheeler market using a bottom-up technique, wherein the value service data for different vehicle types was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, World Bank, Company Websites, company annual reports, white papers, investor presentations and financial reports were also reviewed by TechSci Research.


Key Target Audience:

  • India electric three wheeler manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to electric three wheelers
  • Government bodies such as regulating authorities and policymakers
  • Market research and consulting companies.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as electric vehicle manufacturers, customers and policymakers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

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

·         Market, by Vehicle Type:

    • Passenger Carrier
    • Load Carrier

·         Market, by Battery Capacity:

 

o    <101Ah

o    >101Ah

·         Market, by Company:

o    Hero Electric Vehicles Pvt. Ltd.

o    Lohia Auto Industries

o    Kinetic Green Energy & Power Solutions Ltd.

·         Market, by Region:

o    North

o    West

o    South

o    East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present across the country in the electric three wheeler market.

Available Customizations:

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

Company Information

  • Detailed analysis and profiling of additional market players.
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice of Customer

4.1.    Purchase Decision Factors

4.2.    Brand Recall

4.3.    Brand Satisfaction Level

5.       Government Initiatives

6.       India 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 and Load Carrier)

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

6.2.3.By Company (Hero, Lohia, Kinetic Green)

6.2.4.By Region (North, West, East, South)

6.3.    India Electric Three Wheeler Upcoming Models

6.4.    Market Attractiveness Index (By Vehicle Type)

6.5.    Market Attractiveness Index (By Battery Capacity)

6.6.    Market Attractiveness Index (By Company)

6.7.    Market Attractiveness Index (By Region)

7.       India Electric Passenger Carrier Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Battery Capacity

7.2.2.By Company

7.3.    Market Attractiveness Index (By Battery Capacity)

7.4.    Market Attractiveness Index (By Company)

8.       India Electric Load Carrier Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Battery Capacity

8.2.2.By Company

8.3.    Market Attractiveness Index (By Battery Capacity)

8.4.    Market Attractiveness Index (By Company)

9.       Market Dynamics

9.1.    Drivers

9.2.    Challenges

10.   Policy & Regulatory Landscape

11.   Market Trends & Developments

12.   SWOT Analysis

13.   India Economic Profile

14.   Pricing Analysis

15.   Product Benchmarking

16.   Competitive Landscape

16.1.  Lohia Auto Industries

16.2.  Kinetic Green Energy & Power Solutions Ltd.

16.3.  Hero Electric Vehicles Pvt. Ltd.

16.4.  Saera Electric Auto Pvt. Ltd

16.5.  Terra Motors India Corp.

16.6.  Clean Motion

17.   Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

     

    Figure 1: India Electric Three Wheeler Market - Factors Influencing Purchase Decision (N=75)

    Figure 2: India Electric Three Wheeler Market - Influencer of Purchase (N=75)

    Figure 3: India Electric Three Wheeler Market - Aided Brand Recall (N=75)

    Figure 4: India Electric Three Wheeler Market - Unaided Brand Recall (N=75)

    Figure 5: India Electric Three Wheeler Market Brand Satisfaction Level (N=75)

    Figure 6: India Electric Three Wheeler Market - Brand Satisfaction Level, By Performance (N=75)

    Figure 7: India Electric Three Wheeler Market - Brand Satisfaction Level, By Features (N=75)

    Figure 8: India Electric Three Wheeler Market - Brand Satisfaction Level, By Maintenance Cost (N=75)

    Figure 9: India Electric Three Wheeler Market -Brand Satisfaction Level, By Battery Life (N=75)

    Figure 10: India Electric Three Wheeler Market - Brand Satisfaction Level, By Pricing (N=75)

    Figure 11: India Electric Three Wheeler Market Size, By Value (USD Million), By Volume (Thousand Units), FY2013-FY2023F

    Figure 12: India Electric Three Wheeler Market Share, By Vehicle Type, By Volume, FY2013-FY2023F

    Figure 13: India Electric Three Wheeler Market Share, By Battery Capacity, By Volume, FY2013-FY2023F

    Figure 14: India Electric Three Wheeler Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 15: India Electric Three Wheeler Market Share, By Region, By Volume, FY2017 & FY2023F

    Figure 16: India Electric Three Wheeler Market Share, By Region, By Volume, FY2013-FY2023F

    Figure 17: India Electric Three Wheeler Upcoming Models

    Figure 18: India Electric Three Wheeler Market Attractiveness Index, By Vehicle Type, By Volume, FY2017-FY2023F

    Figure 19: India Electric Three Wheeler Market Attractiveness Index, By Battery Capacity, By Volume, FY2017-FY2023F

    Figure 20: India Electric Three Wheeler Market Attractiveness Index, By Company, By Volume, FY2017-FY2023F

    Figure 21: India Electric Three Wheeler Market Attractiveness Index, By Region, By Volume, FY2017-FY2023F

    Figure 22: India Electric Passenger Carrier Market Size, By Value (USD Million), By Volume (Thousand Units), FY2013-FY2023F

    Figure 23: India Electric Passenger Carrier Market Share, By Battery Capacity, By Volume, FY2013-FY2023F

    Figure 24: India Electric Passenger Carrier Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 25: India Electric Passenger Carrier Market Attractiveness Index, By Battery Capacity, By Volume, FY2017-FY2023F

    Figure 26: India Electric Passenger Carrier Market Attractiveness Index, By Company, By Volume, FY2017-FY2023F

    Figure 27: India Electric Load Carrier Market Size, By Value (USD Million), By Volume (Thousand Units), FY2013-FY2023F

    Figure 28: India Electric Load Carrier Market Share, By Battery Capacity, By Volume, FY2013-FY2023F

    Figure 29: India Electric Load Carrier Market Share, By Company, By Volume, FY2013-FY2023F

    Figure 30: India Electric Load Carrier Market Attractiveness Index, By Battery Capacity, By Volume, FY2017-FY2023F

    Figure 31: India Electric Load Carrier Market Attractiveness Index, By Company, By Volume, FY2017-FY2023F

    Figure 32: India Electric Three Wheeler Market Average Selling Price Analysis, FY2013-2023F (USD Per Unit)

     

    List of Tables

     

    Table 1: India Electric Three Wheeler Market Product Analysis

    Table 2: India Electric Three Wheeler Market Pricing Analysis, FY2017