India Electric Three-Wheeler Market | Growth | Trends | Forecast to 2022-2027

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Copyright © IMARC Service Pvt Ltd. All Rights Reserved India ReportMarketThree-WheelerElectricResearch2022-2027

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India Electric Three-Wheeler Market Outlook 2022-2027: According to the latest report by IMARC Group, titled “India Electric Three-Wheeler Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India electric three-wheeler market reached a value of US$ 754.5 Million in 2021. Electric three-wheelers, or e-rickshaws, are eco-friendly modes of transportation that operate on high torque electric motors and long-lasting, durable batteries. They consist of a harness, controller, motor, batteries, and throttle. Electric three-wheelers are widely used for commuting passengers within the city and transporting goods and services from one place to another. They are powered by Li-ion or lead-acid batteries that help improve urban air quality by reducing total greenhouse gas (GHG) emissions. As compared to fuel-power vehicles, electric three-wheelers have a more compact design, are cost-effective, and offer a noise-free travel experience.

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India Electric Three-Wheeler Market Drivers/Constraints:

Other factors, including the extensive research and development (R&D) activities and the rising investments in the upgradation of public charging infrastructures for electric three-wheelers, are anticipated to drive the market toward growth across the country. View Report TOC, Figures and Tables: https://www.imarcgroup.com/india-electric-three-wheeler-market

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The rising environmental concerns have resulted in an increasing consumer inclination towards sustainable modes of transportation, such as electric three-wheelers, over conventional vehicles, which is favoring the market growth in India. Furthermore, the initiatives undertaken by the Government of India (GoI) to control pollution and reduce greenhouse gas (GHG) emissions from fuel-powered vehicles are supporting the market growth. In addition to this, the government is organizing various awareness programs and offering subsidies and financial aid for the purchase of electric vehicles (EVs), which is propelling the market growth. Moreover, the rising popularity of shared mobility due to inflating transportation fuel prices that also assist in reducing traffic congestion and commuting expenses is fueling the market growth.

Report Description Report Description and Highlights Key Market Segmentation The research report includes the following segments: Breakup by Vehicle Type: • Passenger Carrier • Load Carrier Breakup by Battery Type: • Lithium Ion • Lead Acid Breakup by Voltage Capacity: • 48 – 59V • 60 – 72V • 73 – 96V • Above 96V

Report Description Report Description and Highlights Breakup by Drive Type: • Hub Type • Chassis Mounted Breakup by Motor Type: • BLDC Motor (Brushless DC Motor) • PMSM (Permanent Magnet Synchronous Motor) Breakup by Power Output: • <3 kW • 3 – 6 kW • 7 – 10 kW • >10 kW

Report Description Report Description and Highlights Breakup by Region: • North India • East India • West and Central India • South India Looking forward, IMARC Group expects the market to reach US$ 1,874.9 Million by 2027, exhibiting a CAGR of 16.25% during 2022-2027.

Report Description Report Description and Highlights Competitive Landscape: • Mahindra Electric Mobility Limited • TVS Motors • Bajaj Auto Limited • Kinetic Green • Piaggio • Lohia Auto (The Lohia Group of Industries) • Saera Electric Auto • Altigreen Propulsion Labs • Terra Motors India • Ceeon India Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/india-electric-three-wheeler-market/requestsample

Report Description Key Questions Answered in the Report 1. What has been the historical growth rate of the India Electric Three-Wheeler Market? 2. What has been the impact of COVID-19 on the India Electric Three-Wheeler Market? 3. What are the key factors driving the India Electric Three-Wheeler Market? 4. What is the breakup of the India Electric Three-Wheeler Market based on the type? 5. What is the breakup of the India Electric Three-Wheeler Market based on the application? 6. What is the breakup of the India Electric Three-Wheeler Market based on the distribution 7.channel?Whatare the key regions in the India Electric Three-Wheeler Market? 8. Who are the key players/companies in the India Electric Three-Wheeler Market?

Report Description Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Report Description Table of Contents 5 India Electric Three-Wheeler Market Industry 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Vehicle Type 5.5 Market Breakup by Battery Type 5.6 Market Breakup by Drive Type 5.7 Market Breakup by Motor Type 5.8 Market Breakup by Power Output 5.9 Market Breakup by Voltage Capacity 5.10 Market Breakup by Region Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/india-electric-three-wheeler-market/toc

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