Press release
Electric Tuk-tuks Market Analysis, Growth By Top Companies, Trends By Types And Forecast To 2022-2031
According to the report published by Allied Market Research, the global electric tuk-tuks market generated $461.1 million in 2021, and is projected to reach $843.5 million by 2031, growing at a CAGR of 6.2% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9278
COVID-19 Scenario:
The COVID-19 pandemic had a negative impact on the growth of the global electric tuk-tuks market, due to the presence of lockdowns as imposed by the governments of various countries across the globe.
Lockdowns resulted in the closure of various manufacturing facilities including those of automobiles, both electric and conventional, due to the stringent social distancing restrictions from the government during the pandemic. This adversely impacted the growth of the market.
In addition, shortage of workforce and lack of essential raw materials due to the prevalence of strict import and export restrictions during the pandemic further aggravated the impact on the market.
However, the market is expected to recoup soon with increase in awareness about environment and electric vehicles.
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Based on region, the market across Asia-Pacific region held the lion's share in 2021, holding nearly three-fourths of the global market, and is expected to maintain its leadership status during the forecast period. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 9.3% during the forecast period.
The key players analyzed in the global electric tuk-tuks market report include Arna Electric Auto Private Limited, Bajaj Auto Ltd., E-Tuk Factory, Goenka Electric Motor Vehicles Pvt. Ltd., Green Valley Motors, Hero Electric, Jezza Motors, Kinetic Green Vehicles, KUKU Automotives, Mahindra Electric Mobility Limited, Saera Electric Auto Pvt Ltd, SN Solar Energy, Speego Vehicles Co Pvt Limited, SUPERECO, Udaan E Rickshaw, QSD, and Zuperia Auto Pvt. Ltd.
Browse Complete Report at
https://www.alliedmarketresearch.com/electric-tuk-tuks-market-A08913
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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