DUBLIN, Feb. 2, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/wbsj2x/electric_three) has announced the addition of the "Electric Three Wheeler Market in APAC 2016-2020" report to their offering.
The electric three-wheeler market in APAC is expected to grow at a CAGR of 7.23% during the 2016-2020 period.
Commenting on the report, an analyst from the research team said: Manufacturers are focusing on developing Li-ion batteries with extended lives, as this type of battery has the highest electrochemical potential of all metals. These batteries have features such as improved charge efficiency and high durability, which improves the performance and efficiency of battery-powered EVs.
According to the report, Strong government support and financial incentives for both customers and manufacturers are boosting the popularity of EVs in the market. APAC countries, especially India, China, South Korea, Indonesia, and Bangladesh, are implementing programs to boost the sales of electric three-wheelers and other electric and hybrid vehicles.
Further, the report states that the limited battery capacity is a serious concern for end-users, as the vehicle may deplete its battery before reaching the destination.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Chongqing Bajaj Machinery
- Qiangsheng Electric Tricycle Factory
- Scooters India
- Terra Motors
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Key leading countries
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
PART 15: About the Author
For more information visit http://www.researchandmarkets.com/research/wbsj2x/electric_three
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets