APAC Electric Three Wheeler Market CAGR Growth of 7.23% by 2020 - Analysis, Trends & Opportunities Report 2016-2020 - Key Vendors: Terra Motors & Scooters India

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.

Questions Answered:

• 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?

Companies Mentioned:

• Chongqing Bajaj Machinery
• Qiangsheng Electric Tricycle Factory
• Scooters India
• Terra Motors

Report Structure:

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

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