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The electric tuk tuks market is forecasted to grow by USD 206.4 mn during 2023-2028, accelerating at a CAGR of 6.68% during the forecast period. The report on the electric tuk tuks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of rental and subscription-based models for electric tuk-tuk ownership, fluctuating fuel prices fueling demand for economical electric tuk-tuks, and increasing urbanization lead to higher demand for last-mile transportation solutions.
The electric tuk tuks market is segmented as below:
By Application
- Passenger carrier
- Goods carrier
By Type
- Upto 1000 W
- 1000 - 1500 W
- More than 1500 W
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the electric tuk tuks market covers the following areas:
- Electric tuk tuks market sizing
- Electric tuk tuks market forecast
- Electric tuk tuks market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric tuk tuks market: Arna Electric Auto Pvt. Ltd., BABA E Rickshaw, Bajaj Auto Ltd., BILITI ELECTRIC INC. USA, E Tuk Factory, Goenka Electric Motor Vehicles Pvt. Ltd., Green Valley Motors, Jezza Motors, KINETIC ENGINEERING LTD., KUKU Automotives, Mahindra and Mahindra Ltd., Piaggio and C. Spa, QSD, SAERA ELECTRIC AUTO PVT. LTD., SuperEco, TVS Motor Co. Ltd., Udaan E Rickshaw, ZUPERIA AUTO PVT. LTD., Terra Motors India, and SN Solar Energy.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the integration of electric tuk tuks into ride-sharing and e-hailing platforms."
According to the report, one of the major drivers for this market is the expansion of rental and subscription-based models for electric tuk-tuk ownership.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arna Electric Auto Pvt. Ltd.
- BABA E Rickshaw
- Bajaj Auto Ltd.
- BILITI ELECTRIC INC. USA
- E Tuk Factory
- Goenka Electric Motor Vehicles Pvt. Ltd.
- Green Valley Motors
- Jezza Motors
- KINETIC ENGINEERING LTD.
- KUKU Automotives
- Mahindra and Mahindra Ltd.
- Piaggio and C. Spa
- QSD
- SAERA ELECTRIC AUTO PVT. LTD.
- SuperEco
- TVS Motor Co. Ltd.
- Udaan E Rickshaw
- ZUPERIA AUTO PVT. LTD.
- Terra Motors India
- SN Solar Energy
