Press release
How are Governments Contributing to Boom of Asia-Pacific Electric Three-Wheeler Market? Top Key Players are Terra Motors Corporation, HERO ELECTRIC VEHICLES PVT LTD, JIANGSU EAST YONSLAND VEHICLE MANUFACTURING CO.,LTD., Lohia Auto, Atul Auto Ltd.
Asia-Pacific Electric Three-Wheeler Market Key Players are:
1- Terra Motors Corporation
2- HERO ELECTRIC VEHICLES PVT LTD
3- JIANGSU EAST YONSLAND VEHICLE MANUFACTURING CO.,LTD.
4- Lohia Auto
5- Atul Auto Ltd.
Download sample copy of this report@ https://www.psmarketresearch.com/market-analysis/apac-electric-three-wheeler-market/report-sample
Driven by the above-mentioned factors, the Asia-Pacific (APAC) electric three-wheeler market is expected to register a CAGR of 4.1% during 2018-2023 (forecast period) and generate revenue of $11,935.1 million by 2023. There are mainly two types of electric three-wheelers -- load carriers and passenger carriers. Of these, the passenger carriers are expected to observe higher sales during the forecast period, due to the presence of a large customer base and the rising popularity of low-cost shared mobility services in the region.
Electric three-wheelers are either powered by sealed lead-acid (SLA) batteries or lithium-ion (Li-ion) batteries. Of these two types of batteries, the SLA batteries registered higher sales in 2017, as they are cheaper. However, the li-ion batteries, owing to their rapidly reducing prices, are expected to record faster growth in usage in the APAC electric three-wheeler market in the near future. Additionally, the Li-ion batteries offer numerous advantages over the SLA batteries such as lighter weight, higher energy density, much lower environmental damage, and greater life span and thus, these batteries are observing soaring demand across the world.
Get Detailed COVID-19 Impact Analysis on the Asia-Pacific (APAC) Electric Three-Wheeler Market: https://www.psmarketresearch.com/speak-analyst/apac-electric-three-wheeler-market/Y292aWRfcXVlcnk=
APAC ELECTRIC THREE-WHEELER MARKET
By Vehicle - Passenger Carrier and Load Carrier
By Motor Power - 1,500 W
By Battery - Sealed Lead Acid (SLA) and Lithium-Ion (Li-Ion)
By Country - China, India, Japan, Indonesia, Philippines, South Korea, Malaysia, Singapore, Bangladesh, Nepal, Thailand, and Rest of APAC
Contact:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: http://psintelligence.blogspot.com/
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release How are Governments Contributing to Boom of Asia-Pacific Electric Three-Wheeler Market? Top Key Players are Terra Motors Corporation, HERO ELECTRIC VEHICLES PVT LTD, JIANGSU EAST YONSLAND VEHICLE MANUFACTURING CO.,LTD., Lohia Auto, Atul Auto Ltd. here
News-ID: 2059181 • Views: …
More Releases from P&S Intelligence
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for APAC
Bronchopulmonary Dysplasia APAC Market Poised for Phenomenal Expansion Across AP …
DelveInsight's "Bronchopulmonary Dysplasia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Bronchopulmonary Dysplasia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Bronchopulmonary Dysplasia market report provides current treatment pattern analysis, potential upcoming players, market share…
Allergic Rhinitis APAC Market Poised for Phenomenal Expansion Across APAC Region …
"DelveInsight's "Allergic Rhinitis- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Allergic Rhinitis, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Allergic Rhinitis market report provides current treatment pattern analysis, potential upcoming players, market share…
Epilepsy APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Epilepsy- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Epilepsy, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Epilepsy market report provides current treatment pattern analysis, potential upcoming players, market share of approved and…
Insomnia APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Insomnia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Insomnia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Insomnia market report provides current treatment pattern analysis, potential upcoming players, market share of approved and…
Vascular Dementia APAC Market Poised for Phenomenal Expansion Across APAC Region …
DelveInsight's "Vascular Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Vascular Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Vascular Dementia market report provides current treatment pattern analysis, potential upcoming players, market share…
Frontotemporal Dementia APAC Market Poised for Phenomenal Expansion Across APAC …
"DelveInsight's "Frontotemporal Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Frontotemporal Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Frontotemporal Dementia market report provides current treatment pattern analysis, potential upcoming players, market share…
