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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 Capacity
    • 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

Table of Contents

  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.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Telco E-Vehicles Pvt. Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Gamma Industries
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Knox Fuels Tech
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Yuva E-Rickshaw
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • ATUL Auto Limited
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Bajaj Auto Limited
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • J.S. AUTO (P) LTD.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Speego Vehicles Co Pvt Limited
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Dilli Electric Auto Pvt. Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • NDS Eco Motors Private Limited
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Goenka Electric Motor Vehicles Private Limited
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Sarthak Industries
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Perfexorld
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • V.H.V.O Industries Pvt. Ltd
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Mini Metro EV LLP
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Pariti
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Kinetic Green Energy & Power Solutions Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • A G International Pvt Ltd
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • 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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