| Product Code: ETC9229536 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of electric rickshaws to Seychelles in 2024 continue to be dominated by key players such as the United States, China, South Africa, UAE, and Mauritius. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry has shown impressive growth with a compound annual growth rate (CAGR) of 17.72% from 2020 to 2024. However, there was a slight dip in the growth rate from 2023 to 2024 at -34.16%, indicating a potential shift or adjustment in the market dynamics.

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 Seychelles Electric Rickshaw Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles Electric Rickshaw Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles Electric Rickshaw Market - Industry Life Cycle |
3.4 Seychelles Electric Rickshaw Market - Porter's Five Forces |
3.5 Seychelles Electric Rickshaw Market Revenues & Volume Share, By Motor Power, 2021 & 2031F |
3.6 Seychelles Electric Rickshaw Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.7 Seychelles Electric Rickshaw Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.8 Seychelles Electric Rickshaw Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Seychelles Electric Rickshaw Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Seychelles Electric Rickshaw Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of environmentally friendly transportation solutions |
4.2.2 Government incentives and policies promoting electric vehicles |
4.2.3 Growing demand for cost-effective and efficient urban mobility solutions in Seychelles |
4.3 Market Restraints |
4.3.1 High initial cost of electric rickshaws compared to traditional rickshaws |
4.3.2 Limited charging infrastructure and range anxiety among potential buyers |
4.3.3 Lack of consumer awareness and understanding of the benefits of electric rickshaws |
5 Seychelles Electric Rickshaw Market Trends |
6 Seychelles Electric Rickshaw Market, By Types |
6.1 Seychelles Electric Rickshaw Market, By Motor Power |
6.1.1 Overview and Analysis |
6.1.2 Seychelles Electric Rickshaw Market Revenues & Volume, By Motor Power, 2021- 2031F |
6.1.3 Seychelles Electric Rickshaw Market Revenues & Volume, By |
6.1.4 Seychelles Electric Rickshaw Market Revenues & Volume, By 1000 15000 W, 2021- 2031F |
6.1.5 Seychelles Electric Rickshaw Market Revenues & Volume, By >1500 W, 2021- 2031F |
6.2 Seychelles Electric Rickshaw Market, By Battery Capacity |
6.2.1 Overview and Analysis |
6.2.2 Seychelles Electric Rickshaw Market Revenues & Volume, By |
6.2.3 Seychelles Electric Rickshaw Market Revenues & Volume, By >101 Ah, 2021- 2031F |
6.3 Seychelles Electric Rickshaw Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Seychelles Electric Rickshaw Market Revenues & Volume, By Li-ion Battery, 2021- 2031F |
6.3.3 Seychelles Electric Rickshaw Market Revenues & Volume, By Lead Acid Battery, 2021- 2031F |
6.4 Seychelles Electric Rickshaw Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Seychelles Electric Rickshaw Market Revenues & Volume, By Organised, 2021- 2031F |
6.4.3 Seychelles Electric Rickshaw Market Revenues & Volume, By Unorganised, 2021- 2031F |
6.5 Seychelles Electric Rickshaw Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Seychelles Electric Rickshaw Market Revenues & Volume, By Passenger Carrier, 2021- 2031F |
6.5.3 Seychelles Electric Rickshaw Market Revenues & Volume, By Load Carrier, 2021- 2031F |
7 Seychelles Electric Rickshaw Market Import-Export Trade Statistics |
7.1 Seychelles Electric Rickshaw Market Export to Major Countries |
7.2 Seychelles Electric Rickshaw Market Imports from Major Countries |
8 Seychelles Electric Rickshaw Market Key Performance Indicators |
8.1 Average daily utilization rate of electric rickshaws |
8.2 Number of charging stations per capita |
8.3 Percentage of government subsidies allocated to electric rickshaw industry |
8.4 Average lifespan of electric rickshaws |
8.5 Percentage of fleet operators considering or planning to switch to electric rickshaws |
9 Seychelles Electric Rickshaw Market - Opportunity Assessment |
9.1 Seychelles Electric Rickshaw Market Opportunity Assessment, By Motor Power, 2021 & 2031F |
9.2 Seychelles Electric Rickshaw Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.3 Seychelles Electric Rickshaw Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.4 Seychelles Electric Rickshaw Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Seychelles Electric Rickshaw Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Seychelles Electric Rickshaw Market - Competitive Landscape |
10.1 Seychelles Electric Rickshaw Market Revenue Share, By Companies, 2024 |
10.2 Seychelles Electric Rickshaw Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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