| Product Code: ETC7548313 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India saw a significant increase in motorized quadricycle imports, with top exporters being China, USA, Netherlands, UK, and Bangladesh. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 25.67%. However, there was a notable decline in growth rate from 2023 to 2024, dropping by -49.99%. This data suggests a dynamic and evolving market for motorized quadricycles in India, influenced by various global trade dynamics and domestic demand factors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Motorized Quadricycle Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Motorized Quadricycle Market Revenues & Volume, 2021 & 2031F |
3.3 India Motorized Quadricycle Market - Industry Life Cycle |
3.4 India Motorized Quadricycle Market - Porter's Five Forces |
3.5 India Motorized Quadricycle Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.6 India Motorized Quadricycle Market Revenues & Volume Share, By End use, 2021 & 2031F |
3.7 India Motorized Quadricycle Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.8 India Motorized Quadricycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Motorized Quadricycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and traffic congestion in Indian cities leading to the need for compact and efficient transportation solutions. |
4.2.2 Government initiatives promoting electric and alternative fuel vehicles to reduce pollution and carbon emissions. |
4.2.3 Rising disposable income levels and changing consumer preferences towards affordable and eco-friendly mobility options. |
4.3 Market Restraints |
4.3.1 Lack of awareness and acceptance among consumers regarding the benefits and capabilities of motorized quadricycles. |
4.3.2 Limited infrastructure support such as charging stations and dedicated parking spaces for quadricycles. |
4.3.3 Regulatory challenges and ambiguity surrounding the classification and licensing requirements for quadricycles. |
5 India Motorized Quadricycle Market Trends |
6 India Motorized Quadricycle Market, By Types |
6.1 India Motorized Quadricycle Market, By Price Range |
6.1.1 Overview and Analysis |
6.1.2 India Motorized Quadricycle Market Revenues & Volume, By Price Range, 2021- 2031F |
6.1.3 India Motorized Quadricycle Market Revenues & Volume, By Low, 2021- 2031F |
6.1.4 India Motorized Quadricycle Market Revenues & Volume, By Mid, 2021- 2031F |
6.1.5 India Motorized Quadricycle Market Revenues & Volume, By High, 2021- 2031F |
6.2 India Motorized Quadricycle Market, By End use |
6.2.1 Overview and Analysis |
6.2.2 India Motorized Quadricycle Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 India Motorized Quadricycle Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 India Motorized Quadricycle Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Motorized Quadricycle Market, By Propulsion Type |
6.3.1 Overview and Analysis |
6.3.2 India Motorized Quadricycle Market Revenues & Volume, By ICE (Internal Combustion Engine), 2021- 2031F |
6.3.3 India Motorized Quadricycle Market Revenues & Volume, By Electric, 2021- 2031F |
6.4 India Motorized Quadricycle Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 India Motorized Quadricycle Market Revenues & Volume, By Light Quadricycle, 2021- 2031F |
6.4.3 India Motorized Quadricycle Market Revenues & Volume, By Heavy Quadricycle, 2021- 2031F |
7 India Motorized Quadricycle Market Import-Export Trade Statistics |
7.1 India Motorized Quadricycle Market Export to Major Countries |
7.2 India Motorized Quadricycle Market Imports from Major Countries |
8 India Motorized Quadricycle Market Key Performance Indicators |
8.1 Adoption rate of electric quadricycles in major Indian cities. |
8.2 Number of government subsidies and incentives provided for the purchase of motorized quadricycles. |
8.3 Growth in the number of quadricycle manufacturers and models available in the Indian market. |
9 India Motorized Quadricycle Market - Opportunity Assessment |
9.1 India Motorized Quadricycle Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.2 India Motorized Quadricycle Market Opportunity Assessment, By End use, 2021 & 2031F |
9.3 India Motorized Quadricycle Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.4 India Motorized Quadricycle Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Motorized Quadricycle Market - Competitive Landscape |
10.1 India Motorized Quadricycle Market Revenue Share, By Companies, 2024 |
10.2 India Motorized Quadricycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |