Global E-Rickshaw Market: Industry Analysis and forecast 2020 – 2027

February 20, 2021
Shekhar1

Global E-Rickshaw Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about CAGR 9% from 2020 to 2027, reaching nearly US$ XX Mn.

 

Global E-Rickshaw Market: Overview

The E-rickshaw uses electric power to drive the rickshaw. These rickshaws usually have three wheels and they are used for passenger transportation or the goods transportation purpose. The e-rickshaw uses electric power train and traction motor to propel the vehicle.

The Indian, Chinese and ASEAN region uses Rickshaws as their prominent mode of transportation of commercial passenger, owing to the low-cost transport provided by this rickshaw. The rickshaws can easily manage between the congested roads in urban areas and it is the biggest advantages of rickshaws which is driving the demand for Global E-Rickshaw Market. Emission norms are getting stringent globally to reduce pollution, incentives for e-rickshaw are increasing and range of e-rickshaws are increasing shifting customers to prefer e-rickshaws is propelling the market growth.

Global E-Rickshaw Market: Drivers and Restraints

E-Rickshaw Market, By Product Type

• Upto 1000 W
• 1000 W – 1500W
• More than 1500W
E-Rickshaw Market, By Application

• Passenger Carrier
• Load Carrier
E-Rickshaw Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in E-Rickshaw Market

• HHW Care Products India Pvt. Ltd
• Mahindra Electric Mobility Limited
• Microtek
• The Nezone Group
• Arna Electric Auto Pvt. Ltd
• Green Valley Motors
• Bajaj Auto Limited
• SuperEco Automotive Co. LLP
• HITEK ELECTRIC AUTO CO
• Yuva E Rickshaw
• PACE ELECTRIC VEHICLES
• Charuvikram Automobiles Pvt. Ltd
• A G International Pvt. Ltd
• Saera Electric Auto Pvt. Ltd
• Gauri Auto India Pvt. Ltd
• Xuzhou Hongsengmeng group Co., Ltd
• Wuxi Weiyun Motor Co. Ltd
• Wuxi Berang International Trading Co., Ltd
• Udaan E Rickshaw
• Goenka Electric Motor Vehicles Pvt. Ltd
• Mini Metro EV LLP
• Aditya Automobile
• Dilli Electric Auto Pvt. Ltd.

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