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Electric Low Speed Vehicles (LSV)-Global Market Insights and Sales Trends 2024

Electric Low Speed Vehicles (LSV)-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1854878

No of Pages : 94

Synopsis
A low-speed electric vehicle is an advanced version of four-wheel vehicles with maximum speed of 25 mph (40 km/h), and a minimum capable speed (typically 20 mph (32 km/h)), which allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEVs).
The global Electric Low Speed Vehicles (LSV) market size is expected to reach US$ 11420 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Low Speed Vehicles (LSV) in various end use industries. The expanding demands from the Golf Courses, Hotels, Tourist Destinations and Airports, are propelling Electric Low Speed Vehicles (LSV) market. Electric Golf Cart, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Personal Utility Vehicle segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Low Speed Vehicles (LSV), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Low Speed Vehicles (LSV) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Low Speed Vehicles (LSV) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Low Speed Vehicles (LSV) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Low Speed Vehicles (LSV) covered in this report include Yamaha Motors, HDK Electric Vehicles, Textron, Speedway Electric, Polaris Industries, CitEcar Electric Vehicles, Suzhou Eagle Electric Vehicle Manufacturing and Moto Electric Vehicles, etc.
The global Electric Low Speed Vehicles (LSV) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yamaha Motors
HDK Electric Vehicles
Textron
Speedway Electric
Polaris Industries
CitEcar Electric Vehicles
Suzhou Eagle Electric Vehicle Manufacturing
Moto Electric Vehicles
Global Electric Low Speed Vehicles (LSV) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Low Speed Vehicles (LSV) market, Segment by Type:
Electric Golf Cart
Electric Personal Utility Vehicle
Electric Low Speed Off-Road Vehicle
Others
Global Electric Low Speed Vehicles (LSV) market, by Application
Golf Courses
Hotels
Tourist Destinations
Airports
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Low Speed Vehicles (LSV) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Low Speed Vehicles (LSV) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Electric Low Speed Vehicles (LSV) Market Overview
1.1 Electric Low Speed Vehicles (LSV) Product Overview
1.2 Electric Low Speed Vehicles (LSV) Market Segment by Type
1.2.1 Electric Golf Cart
1.2.2 Electric Personal Utility Vehicle
1.2.3 Electric Low Speed Off-Road Vehicle
1.2.4 Others
1.3 Global Electric Low Speed Vehicles (LSV) Market Size by Type
1.3.1 Global Electric Low Speed Vehicles (LSV) Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Low Speed Vehicles (LSV) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Low Speed Vehicles (LSV) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Low Speed Vehicles (LSV) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Low Speed Vehicles (LSV) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Low Speed Vehicles (LSV) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales Breakdown by Type (2018-2023)
2 Global Electric Low Speed Vehicles (LSV) Market Competition by Company
2.1 Global Top Players by Electric Low Speed Vehicles (LSV) Sales (2018-2023)
2.2 Global Top Players by Electric Low Speed Vehicles (LSV) Revenue (2018-2023)
2.3 Global Top Players by Electric Low Speed Vehicles (LSV) Price (2018-2023)
2.4 Global Top Manufacturers Electric Low Speed Vehicles (LSV) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Low Speed Vehicles (LSV) Market Competitive Situation and Trends
2.5.1 Electric Low Speed Vehicles (LSV) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Low Speed Vehicles (LSV) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Low Speed Vehicles (LSV) as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Low Speed Vehicles (LSV) Market
2.8 Key Manufacturers Electric Low Speed Vehicles (LSV) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Low Speed Vehicles (LSV) Status and Outlook by Region
3.1 Global Electric Low Speed Vehicles (LSV) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Low Speed Vehicles (LSV) Historic Market Size by Region
3.2.1 Global Electric Low Speed Vehicles (LSV) Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Low Speed Vehicles (LSV) Sales in Value by Region (2018-2023)
3.2.3 Global Electric Low Speed Vehicles (LSV) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Low Speed Vehicles (LSV) Forecasted Market Size by Region
3.3.1 Global Electric Low Speed Vehicles (LSV) Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Low Speed Vehicles (LSV) Sales in Value by Region (2024-2029)
3.3.3 Global Electric Low Speed Vehicles (LSV) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Low Speed Vehicles (LSV) by Application
4.1 Electric Low Speed Vehicles (LSV) Market Segment by Application
4.1.1 Golf Courses
4.1.2 Hotels
4.1.3 Tourist Destinations
4.1.4 Airports
4.1.5 Others
4.2 Global Electric Low Speed Vehicles (LSV) Market Size by Application
4.2.1 Global Electric Low Speed Vehicles (LSV) Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Low Speed Vehicles (LSV) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Low Speed Vehicles (LSV) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Low Speed Vehicles (LSV) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Low Speed Vehicles (LSV) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Low Speed Vehicles (LSV) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales Breakdown by Application (2018-2023)
5 North America Electric Low Speed Vehicles (LSV) by Country
5.1 North America Electric Low Speed Vehicles (LSV) Historic Market Size by Country
5.1.1 North America Electric Low Speed Vehicles (LSV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Low Speed Vehicles (LSV) Sales in Value by Country (2018-2023)
5.2 North America Electric Low Speed Vehicles (LSV) Forecasted Market Size by Country
5.2.1 North America Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Low Speed Vehicles (LSV) Sales in Value by Country (2024-2029)
6 Europe Electric Low Speed Vehicles (LSV) by Country
6.1 Europe Electric Low Speed Vehicles (LSV) Historic Market Size by Country
6.1.1 Europe Electric Low Speed Vehicles (LSV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Low Speed Vehicles (LSV) Sales in Value by Country (2018-2023)
6.2 Europe Electric Low Speed Vehicles (LSV) Forecasted Market Size by Country
6.2.1 Europe Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Low Speed Vehicles (LSV) Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Low Speed Vehicles (LSV) by Region
7.1 Asia-Pacific Electric Low Speed Vehicles (LSV) Historic Market Size by Region
7.1.1 Asia-Pacific Electric Low Speed Vehicles (LSV) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Low Speed Vehicles (LSV) Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Low Speed Vehicles (LSV) Sales in Value by Region (2024-2029)
8 Latin America Electric Low Speed Vehicles (LSV) by Country
8.1 Latin America Electric Low Speed Vehicles (LSV) Historic Market Size by Country
8.1.1 Latin America Electric Low Speed Vehicles (LSV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Low Speed Vehicles (LSV) Sales in Value by Country (2018-2023)
8.2 Latin America Electric Low Speed Vehicles (LSV) Forecasted Market Size by Country
8.2.1 Latin America Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Low Speed Vehicles (LSV) Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Low Speed Vehicles (LSV) by Country
9.1 Middle East and Africa Electric Low Speed Vehicles (LSV) Historic Market Size by Country
9.1.1 Middle East and Africa Electric Low Speed Vehicles (LSV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Low Speed Vehicles (LSV) Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Low Speed Vehicles (LSV) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yamaha Motors
10.1.1 Yamaha Motors Company Information
10.1.2 Yamaha Motors Introduction and Business Overview
10.1.3 Yamaha Motors Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yamaha Motors Electric Low Speed Vehicles (LSV) Products Offered
10.1.5 Yamaha Motors Recent Development
10.2 HDK Electric Vehicles
10.2.1 HDK Electric Vehicles Company Information
10.2.2 HDK Electric Vehicles Introduction and Business Overview
10.2.3 HDK Electric Vehicles Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 HDK Electric Vehicles Electric Low Speed Vehicles (LSV) Products Offered
10.2.5 HDK Electric Vehicles Recent Development
10.3 Textron
10.3.1 Textron Company Information
10.3.2 Textron Introduction and Business Overview
10.3.3 Textron Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Textron Electric Low Speed Vehicles (LSV) Products Offered
10.3.5 Textron Recent Development
10.4 Speedway Electric
10.4.1 Speedway Electric Company Information
10.4.2 Speedway Electric Introduction and Business Overview
10.4.3 Speedway Electric Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Speedway Electric Electric Low Speed Vehicles (LSV) Products Offered
10.4.5 Speedway Electric Recent Development
10.5 Polaris Industries
10.5.1 Polaris Industries Company Information
10.5.2 Polaris Industries Introduction and Business Overview
10.5.3 Polaris Industries Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Polaris Industries Electric Low Speed Vehicles (LSV) Products Offered
10.5.5 Polaris Industries Recent Development
10.6 CitEcar Electric Vehicles
10.6.1 CitEcar Electric Vehicles Company Information
10.6.2 CitEcar Electric Vehicles Introduction and Business Overview
10.6.3 CitEcar Electric Vehicles Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 CitEcar Electric Vehicles Electric Low Speed Vehicles (LSV) Products Offered
10.6.5 CitEcar Electric Vehicles Recent Development
10.7 Suzhou Eagle Electric Vehicle Manufacturing
10.7.1 Suzhou Eagle Electric Vehicle Manufacturing Company Information
10.7.2 Suzhou Eagle Electric Vehicle Manufacturing Introduction and Business Overview
10.7.3 Suzhou Eagle Electric Vehicle Manufacturing Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Suzhou Eagle Electric Vehicle Manufacturing Electric Low Speed Vehicles (LSV) Products Offered
10.7.5 Suzhou Eagle Electric Vehicle Manufacturing Recent Development
10.8 Moto Electric Vehicles
10.8.1 Moto Electric Vehicles Company Information
10.8.2 Moto Electric Vehicles Introduction and Business Overview
10.8.3 Moto Electric Vehicles Electric Low Speed Vehicles (LSV) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Moto Electric Vehicles Electric Low Speed Vehicles (LSV) Products Offered
10.8.5 Moto Electric Vehicles Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Low Speed Vehicles (LSV) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Low Speed Vehicles (LSV) Industrial Chain Analysis
11.4 Electric Low Speed Vehicles (LSV) Market Dynamics
11.4.1 Electric Low Speed Vehicles (LSV) Industry Trends
11.4.2 Electric Low Speed Vehicles (LSV) Market Drivers
11.4.3 Electric Low Speed Vehicles (LSV) Market Challenges
11.4.4 Electric Low Speed Vehicles (LSV) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Low Speed Vehicles (LSV) Distributors
12.3 Electric Low Speed Vehicles (LSV) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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