Electric Mobility Industry | Forecast 2030
Electric Mobility Industry Data Book Covers Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Markets.
The global Electric Mobility Industry size was estimated at USD 101.67 billion in 2022. The market is expected to expand at a CAGR of 19.9% CAGR (2023-2030).
Grand View Research’s electric mobility industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Surge in the adoption of EVs, especially e-scooters among the youth, light commercial vehicles for rapid transportation with reduced carbon footprints and increasing purchasing capacity across the globe are expected to significantly increase the demand for E- mobility, thereby supporting the market growth.
Electric Three Wheeler Market Insights
The global electric three wheeler market size was valued at USD 829.5 million in 2021 and is anticipated to register a compound annual growth rate (CAGR)of 7.5 % during the forecast period.
Based on battery type, the segment is segragated into lithium-ion, lead-acid, and others. The lithium-ion battery has a dominant market share of 43.33% in 2021. The growth is credited to their advantages, such as increased battery life because of increased energy density, compact size, less charging duration, and low maintenance. The increasing number of electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles have further propelled the demand for lithium-ion batteries.
Based on power type, the electric three wheeler market includes up to 1000 W, 1000 W to 1500 W, and above 1500 W. The 1000 W to 1500 W segment has accumulated the highest market share of 42.65% in 2021 due to its affordable operational cost. The segment's growth is also attributed to the market's demand for high-powered electric three-wheeler vehicles.
The passenger carrier segment had a 59.77% market share in 2021. The segment growth is attributed to an increase in the demand for three-wheelers as a public transport option for daily and last-mile commutes. In developing countries with a high density of middle-income level population, public transport is preferred over private commute. Electric three-wheelers are emerging as an eco-friendly and affordable option and this is propelling the market growth of electric three-wheeler passenger carriers.
Access the Global Electric Mobility Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Electric Mobility Market – Global Industry Segmentation
Electric Mobility Industry, By Vehicle Type
- Electric Two-Wheeler
- E-Scooters
- Electric Motorcycles
- Electric Three-Wheeler
- Electric Light Commercial Vehicles
- Pick-up Trucks
- Vans
- Mini-Bus
Electric Mobility Industry, By Battery
- Electric Two-Wheeler
- Sealed Lead Acid
- Lithium Ion
- Others
- Electric Three-Wheeler
- Sealed Lead Acid
- Lithium Ion
- Others
Electric Mobility Industry, By Power
- Electric Three-Wheeler
- Up to 1000W
- 1000W to 1500W
- Above 1500W
Electric Mobility Industry, By Drive
- Electric Two-Wheeler
- Belt Drive
- Chain Drive
- Hub Motor
Electric Mobility Industry, By End Use
- Electric Two-Wheeler
- Personal
- Commercial
- Electric Three-Wheeler
- Passenger Carrier
- Goods Carrier
Order your copy of the Free Sample of “Electric Mobility Industry Data Book - Two-Wheeler, Three-Wheeler and Light Commercial Vehicles Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Electric Mobility Industry Data Book Regional Outlook
- North America
- S.
- Canada
- Europe
- K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa (MEA)
Electric Mobility Industry Data Book Competitive Landscape
These vendors hold expertise in the industry and have strategic footprints spread across various parts of the world. Hence, these companies have been able to successfully defend their position in the market.
Key players operating in the electric mobility industry are –
- AIMA Technology Group Co. Ltd.
- Bird Rides Inc.
- Hero Electric
- Lime
- Jiangsu Xinri E-Vehicle Co. Ltd.
- Motovolt
- Okinawa Autotech Internationall Private Limited
- Rad Power Bikes Inc.
- Yadea Technology Group Co. Ltd.
- Yamaha Motor Co. Ltd.
- Zero Motorcycles, Inc.
Go through the table of content of Electric Mobility Industry Data Book to get a better understanding of the Coverage & Scope of the study
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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