E-Rickshaw Market

E-Rickshaw Market, By Battery Type (Lead Acid, Lithium Ion, Others), By Seating Capacity (2 Seater, 4 Seater, 6 Seater, 8 Seater, Others), By Motor Power (Up to 1000W, 1000W-1500W, Above 1500W), By End User (Passenger Carrier and Goods Carrier), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


E-rickshaws, also known as electric rickshaws or battery-operated rickshaws, have emerged as a popular mode of transportation in recent years, especially in urban areas. These three-wheeled vehicles provide an eco-friendly and cost-effective alternative to traditional rickshaws, running on electricity instead of fossil fuels. The growing concerns regarding environmental pollution and the rising cost of fuel have driven the demand for e-rickshaws across the globe.

E-rickshaws offer various advantages over conventional auto-rickshaws. They produce zero tailpipe emissions, reducing air pollution and promoting a cleaner environment. Furthermore, their low operational and maintenance costs, as compared to their petrol or diesel counterparts, make them an attractive option for both drivers and passengers. The government's initiatives to promote electric mobility and provide financial incentives for adopting green vehicles have further fueled market growth.

Market Dynamics:

The e-rickshaw market has witnessed significant growth in recent years, driven by several factors. The increasing demand for last-mile connectivity, especially in crowded urban areas, has boosted the adoption of e-rickshaws as a convenient mode of transportation. Moreover, rising awareness about sustainable transportation and the need to reduce carbon emissions have propelled the market growth.

However, the market is not without challenges. One of the key restraints is the limited awareness and acceptance of e-rickshaws in certain regions. The lack of charging infrastructure and battery range limitations also pose challenges for market growth. Additionally, the presence of counterfeit and low-quality e-rickshaws in the market poses a threat to the overall performance and reputation of the industry.

Despite these challenges, the e-rickshaw market presents numerous opportunities for growth in the coming years. The increasing government support through initiatives such as subsidies, tax benefits, and awareness campaigns is expected to drive the market further. Advancements in battery technology and the development of more efficient and durable e-rickshaws also contribute to market growth.

Key features of the study:
  • This report provides in-depth analysis of the global e-rickshaw market, including market size (in US$ Bn) and compound annual growth rate (CAGR%) for the forecast period of 2023-2030, with 2022 as the base year
  • It elucidates potential revenue opportunities across different market segments and highlights attractive investment propositions
  • The study offers insights into market drivers, restraints, opportunities, trends, regional outlook, and competitive strategies adopted by key players
  • Profiles of key players in the e-rickshaw market are provided, including company highlights, product portfolios, financial performance, and strategies
  • The key players covered in this study include Mahindra Electric Mobility Limited, Saera Electric Auto Pvt. Ltd., Telco E-Vehicles Pvt. Ltd., Gamma Industries, Knox Fuels Tech, Yuva E-Rickshaw, ATUL Auto Limited, Bajaj Auto Limited, J.S. AUTO (P) LTD., Speego Vehicles Co Pvt Limited, Dilli Electric Auto Pvt. Ltd., NDS Eco Motors Private Limited, Goenka Electric Motor Vehicles Private Limited, Sarthak Industries, Perfexorld, V.H.V.O Industries Pvt. Ltd, Mini Metro EV LLP, Pariti, Kinetic Green Energy & Power Solutions Ltd., and A G INTERNATIONAL PVT LTD
  • The report's insights enable marketers and management authorities to make informed decisions regarding product launches, market expansion, and marketing tactics
  • The study caters to various stakeholders, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders can benefit from the strategy matrices used in analyzing the e-rickshaw market to facilitate decision-making
E-Rickshaw Market Segmentation:
  • E-Rickshaw Market, By Battery Type
  • Lead Acid
  • Lithium Ion
  • Others
  • E-Rickshaw Market, By Seating Capacit
  • 2 Seater
  • 4 Seater
  • 6 Seater
  • 8 Seater
  • Others
  • E-Rickshaw Market, By Motor Power
  • Up to 1000W
  • 1000W-1500W
  • Above 1500W
  • E-Rickshaw Market, By End User:
  • Passenger Carrier
  • Goods Carrier
  • E-Rickshaw Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Top companies in E-Rickshaw Market
  • Mahindra Electric Mobility Limited
  • Saera Electric Auto Pvt. Ltd.
  • Telco E-Vehicles Pvt. Ltd.
  • Gamma Industries
  • Knox Fuels Tech
  • Yuva E-Rickshaw
  • ATUL Auto Limited
  • Bajaj Auto Limited
  • J.S. AUTO (P) LTD.
  • Speego Vehicles Co Pvt Limited
  • Dilli Electric Auto Pvt. Ltd.
  • NDS Eco Motors Private Limited
  • Goenka Electric Motor Vehicles Private Limited
  • Sarthak Industries
  • Perfexorld
  • V.H.V.O Industries Pvt. Ltd
  • Mini Metro EV LLP
  • Pariti
  • Kinetic Green Energy & Power Solutions Ltd.
  • A G International Pvt Ltd


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global E-Rickshaw Market, By Battery Type
Global E-Rickshaw Market, By Seating Capacity
Global E-Rickshaw Market, By Motor Power
Global E-Rickshaw Market, By End User
Global E-Rickshaw Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supportive Government Regulations and Policies
Rising Fuel Prices
Growth in E-commerce Industry and Logistics
Rapid Urbanization in Emerging Economies
Restraints
High Upfront Purchase Cost
Lack of Standardization in Products
Safety and Regulatory Concerns
Opportunities
Entry in Untapped Rural Markets
Partnerships with Ride-Hailing and e-Commerce Companies
Advancements in Battery Technologies
Development of Charging Infrastructure
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. E-Rickshaw Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. E-Rickshaw Market , By Battery Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Lead Acid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Lithium Ion
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. E-Rickshaw Market , By Seating Capacity, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
2 Seater
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
4 Seater
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6 Seater
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8 Seater
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
7. E-Rickshaw Market , By Motor Power, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Up to 1000W
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
1000W-1500W
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Above 1500W
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8. E-Rickshaw Market , By End User, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Passenger Carrier
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Goods Carrier
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
9. E-Rickshaw Market , By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Seating Capacity, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Motor Power, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Seating Capacity, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Motor Power, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Germany
U.K.
France
Spain
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Seating Capacity, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Motor Power, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Seating Capacity, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Motor Power, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Seating Capacity, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Motor Power, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2017-2030,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East
10. Competitive Landscape
Mahindra Electric Mobility Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Saera Electric Auto Pvt. Ltd.
Telco E-Vehicles Pvt. Ltd.
Gamma Industries
Knox Fuels Tech
Yuva E-Rickshaw
ATUL Auto Limited
Bajaj Auto Limited
J.S. AUTO (P) LTD.
Speego Vehicles Co Pvt Limited
Dilli Electric Auto Pvt. Ltd.
NDS Eco Motors Private Limited
Goenka Electric Motor Vehicles Private Limited
Sarthak Industries
Perfexorld
V.H.V.O Industries Pvt. Ltd
Mini Metro EV LLP
Pariti
Kinetic Green Energy & Power Solutions Ltd.
A G International Pvt Ltd
Analyst Views
11. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global E-Rickshaw Market” - Global forecast to 2030

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