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Synopsis
A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.
Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category.
The global Micro EVs market was valued at US$ 8179 million in 2023 and is anticipated to reach US$ 12360 million by 2030, witnessing a CAGR of 6.0% during the forecast period 2024-2030.
China is the largest region of Micro EVs, with a market share about 70%. Textron, Yamaha and Polaris are the major manufacturers of industry.
This report aims to provide a comprehensive presentation of the global market for Micro EVs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro EVs.
Report Scope
The Micro EVs market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Micro EVs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Micro EVs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Yogomo
Shifeng
Textron
Dojo
Byvin
Polaris
Lichi
Baoya
Tangjun
Yamaha
Fulu
Xinyuzhou
GreenWheel EV
Incalu
Kandi
Renault
APACHE
Garia
Zheren
Ingersoll Rand
CitEcar Electric Vehicles
Eagle
Taiqi
Segment by Type
Lead-acid Battery EVs
Lithium-ion Battery EVs
Segment by Application
Personal Use
Commercial Use (Sightseeing, Golf etc.)
Public Utilities
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Micro EVs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Micro EVs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Micro EVs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.
Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category.
The global Micro EVs market was valued at US$ 8179 million in 2023 and is anticipated to reach US$ 12360 million by 2030, witnessing a CAGR of 6.0% during the forecast period 2024-2030.
China is the largest region of Micro EVs, with a market share about 70%. Textron, Yamaha and Polaris are the major manufacturers of industry.
This report aims to provide a comprehensive presentation of the global market for Micro EVs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro EVs.
Report Scope
The Micro EVs market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Micro EVs market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Micro EVs manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Yogomo
Shifeng
Textron
Dojo
Byvin
Polaris
Lichi
Baoya
Tangjun
Yamaha
Fulu
Xinyuzhou
GreenWheel EV
Incalu
Kandi
Renault
APACHE
Garia
Zheren
Ingersoll Rand
CitEcar Electric Vehicles
Eagle
Taiqi
Segment by Type
Lead-acid Battery EVs
Lithium-ion Battery EVs
Segment by Application
Personal Use
Commercial Use (Sightseeing, Golf etc.)
Public Utilities
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Micro EVs manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Micro EVs by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Micro EVs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Micro EVs Market Overview
1.1 Product Definition
1.2 Micro EVs Segment by Type
1.2.1 Global Micro EVs Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Lead-acid Battery EVs
1.2.3 Lithium-ion Battery EVs
1.3 Micro EVs Segment by Application
1.3.1 Global Micro EVs Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Personal Use
1.3.3 Commercial Use (Sightseeing, Golf etc.)
1.3.4 Public Utilities
1.4 Global Market Growth Prospects
1.4.1 Global Micro EVs Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Micro EVs Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Micro EVs Production Estimates and Forecasts (2019-2030)
1.4.4 Global Micro EVs Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Micro EVs Production Market Share by Manufacturers (2019-2024)
2.2 Global Micro EVs Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Micro EVs, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Micro EVs Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Micro EVs Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Micro EVs, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Micro EVs, Product Offered and Application
2.8 Global Key Manufacturers of Micro EVs, Date of Enter into This Industry
2.9 Micro EVs Market Competitive Situation and Trends
2.9.1 Micro EVs Market Concentration Rate
2.9.2 Global 5 and 10 Largest Micro EVs Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Micro EVs Production by Region
3.1 Global Micro EVs Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Micro EVs Production Value by Region (2019-2030)
3.2.1 Global Micro EVs Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Micro EVs by Region (2025-2030)
3.3 Global Micro EVs Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Micro EVs Production by Region (2019-2030)
3.4.1 Global Micro EVs Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Micro EVs by Region (2025-2030)
3.5 Global Micro EVs Market Price Analysis by Region (2019-2024)
3.6 Global Micro EVs Production and Value, Year-over-Year Growth
3.6.1 North America Micro EVs Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Micro EVs Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Micro EVs Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Micro EVs Production Value Estimates and Forecasts (2019-2030)
4 Micro EVs Consumption by Region
4.1 Global Micro EVs Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Micro EVs Consumption by Region (2019-2030)
4.2.1 Global Micro EVs Consumption by Region (2019-2024)
4.2.2 Global Micro EVs Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Micro EVs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Micro EVs Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Micro EVs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Micro EVs Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Micro EVs Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Micro EVs Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Micro EVs Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Micro EVs Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Micro EVs Production by Type (2019-2030)
5.1.1 Global Micro EVs Production by Type (2019-2024)
5.1.2 Global Micro EVs Production by Type (2025-2030)
5.1.3 Global Micro EVs Production Market Share by Type (2019-2030)
5.2 Global Micro EVs Production Value by Type (2019-2030)
5.2.1 Global Micro EVs Production Value by Type (2019-2024)
5.2.2 Global Micro EVs Production Value by Type (2025-2030)
5.2.3 Global Micro EVs Production Value Market Share by Type (2019-2030)
5.3 Global Micro EVs Price by Type (2019-2030)
6 Segment by Application
6.1 Global Micro EVs Production by Application (2019-2030)
6.1.1 Global Micro EVs Production by Application (2019-2024)
6.1.2 Global Micro EVs Production by Application (2025-2030)
6.1.3 Global Micro EVs Production Market Share by Application (2019-2030)
6.2 Global Micro EVs Production Value by Application (2019-2030)
6.2.1 Global Micro EVs Production Value by Application (2019-2024)
6.2.2 Global Micro EVs Production Value by Application (2025-2030)
6.2.3 Global Micro EVs Production Value Market Share by Application (2019-2030)
6.3 Global Micro EVs Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Yogomo
7.1.1 Yogomo Micro EVs Corporation Information
7.1.2 Yogomo Micro EVs Product Portfolio
7.1.3 Yogomo Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Yogomo Main Business and Markets Served
7.1.5 Yogomo Recent Developments/Updates
7.2 Shifeng
7.2.1 Shifeng Micro EVs Corporation Information
7.2.2 Shifeng Micro EVs Product Portfolio
7.2.3 Shifeng Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Shifeng Main Business and Markets Served
7.2.5 Shifeng Recent Developments/Updates
7.3 Textron
7.3.1 Textron Micro EVs Corporation Information
7.3.2 Textron Micro EVs Product Portfolio
7.3.3 Textron Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Textron Main Business and Markets Served
7.3.5 Textron Recent Developments/Updates
7.4 Dojo
7.4.1 Dojo Micro EVs Corporation Information
7.4.2 Dojo Micro EVs Product Portfolio
7.4.3 Dojo Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Dojo Main Business and Markets Served
7.4.5 Dojo Recent Developments/Updates
7.5 Byvin
7.5.1 Byvin Micro EVs Corporation Information
7.5.2 Byvin Micro EVs Product Portfolio
7.5.3 Byvin Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Byvin Main Business and Markets Served
7.5.5 Byvin Recent Developments/Updates
7.6 Polaris
7.6.1 Polaris Micro EVs Corporation Information
7.6.2 Polaris Micro EVs Product Portfolio
7.6.3 Polaris Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Polaris Main Business and Markets Served
7.6.5 Polaris Recent Developments/Updates
7.7 Lichi
7.7.1 Lichi Micro EVs Corporation Information
7.7.2 Lichi Micro EVs Product Portfolio
7.7.3 Lichi Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Lichi Main Business and Markets Served
7.7.5 Lichi Recent Developments/Updates
7.8 Baoya
7.8.1 Baoya Micro EVs Corporation Information
7.8.2 Baoya Micro EVs Product Portfolio
7.8.3 Baoya Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Baoya Main Business and Markets Served
7.7.5 Baoya Recent Developments/Updates
7.9 Tangjun
7.9.1 Tangjun Micro EVs Corporation Information
7.9.2 Tangjun Micro EVs Product Portfolio
7.9.3 Tangjun Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Tangjun Main Business and Markets Served
7.9.5 Tangjun Recent Developments/Updates
7.10 Yamaha
7.10.1 Yamaha Micro EVs Corporation Information
7.10.2 Yamaha Micro EVs Product Portfolio
7.10.3 Yamaha Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Yamaha Main Business and Markets Served
7.10.5 Yamaha Recent Developments/Updates
7.11 Fulu
7.11.1 Fulu Micro EVs Corporation Information
7.11.2 Fulu Micro EVs Product Portfolio
7.11.3 Fulu Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Fulu Main Business and Markets Served
7.11.5 Fulu Recent Developments/Updates
7.12 Xinyuzhou
7.12.1 Xinyuzhou Micro EVs Corporation Information
7.12.2 Xinyuzhou Micro EVs Product Portfolio
7.12.3 Xinyuzhou Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Xinyuzhou Main Business and Markets Served
7.12.5 Xinyuzhou Recent Developments/Updates
7.13 GreenWheel EV
7.13.1 GreenWheel EV Micro EVs Corporation Information
7.13.2 GreenWheel EV Micro EVs Product Portfolio
7.13.3 GreenWheel EV Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.13.4 GreenWheel EV Main Business and Markets Served
7.13.5 GreenWheel EV Recent Developments/Updates
7.14 Incalu
7.14.1 Incalu Micro EVs Corporation Information
7.14.2 Incalu Micro EVs Product Portfolio
7.14.3 Incalu Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Incalu Main Business and Markets Served
7.14.5 Incalu Recent Developments/Updates
7.15 Kandi
7.15.1 Kandi Micro EVs Corporation Information
7.15.2 Kandi Micro EVs Product Portfolio
7.15.3 Kandi Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Kandi Main Business and Markets Served
7.15.5 Kandi Recent Developments/Updates
7.16 Renault
7.16.1 Renault Micro EVs Corporation Information
7.16.2 Renault Micro EVs Product Portfolio
7.16.3 Renault Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Renault Main Business and Markets Served
7.16.5 Renault Recent Developments/Updates
7.17 APACHE
7.17.1 APACHE Micro EVs Corporation Information
7.17.2 APACHE Micro EVs Product Portfolio
7.17.3 APACHE Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.17.4 APACHE Main Business and Markets Served
7.17.5 APACHE Recent Developments/Updates
7.18 Garia
7.18.1 Garia Micro EVs Corporation Information
7.18.2 Garia Micro EVs Product Portfolio
7.18.3 Garia Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Garia Main Business and Markets Served
7.18.5 Garia Recent Developments/Updates
7.19 Zheren
7.19.1 Zheren Micro EVs Corporation Information
7.19.2 Zheren Micro EVs Product Portfolio
7.19.3 Zheren Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Zheren Main Business and Markets Served
7.19.5 Zheren Recent Developments/Updates
7.20 Ingersoll Rand
7.20.1 Ingersoll Rand Micro EVs Corporation Information
7.20.2 Ingersoll Rand Micro EVs Product Portfolio
7.20.3 Ingersoll Rand Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Ingersoll Rand Main Business and Markets Served
7.20.5 Ingersoll Rand Recent Developments/Updates
7.21 CitEcar Electric Vehicles
7.21.1 CitEcar Electric Vehicles Micro EVs Corporation Information
7.21.2 CitEcar Electric Vehicles Micro EVs Product Portfolio
7.21.3 CitEcar Electric Vehicles Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.21.4 CitEcar Electric Vehicles Main Business and Markets Served
7.21.5 CitEcar Electric Vehicles Recent Developments/Updates
7.22 Eagle
7.22.1 Eagle Micro EVs Corporation Information
7.22.2 Eagle Micro EVs Product Portfolio
7.22.3 Eagle Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Eagle Main Business and Markets Served
7.22.5 Eagle Recent Developments/Updates
7.23 Taiqi
7.23.1 Taiqi Micro EVs Corporation Information
7.23.2 Taiqi Micro EVs Product Portfolio
7.23.3 Taiqi Micro EVs Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Taiqi Main Business and Markets Served
7.23.5 Taiqi Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Micro EVs Industry Chain Analysis
8.2 Micro EVs Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Micro EVs Production Mode & Process
8.4 Micro EVs Sales and Marketing
8.4.1 Micro EVs Sales Channels
8.4.2 Micro EVs Distributors
8.5 Micro EVs Customers
9 Micro EVs Market Dynamics
9.1 Micro EVs Industry Trends
9.2 Micro EVs Market Drivers
9.3 Micro EVs Market Challenges
9.4 Micro EVs Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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