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Low-speed Electric Vehicle-Global Market Insights and Sales Trends 2024

Low-speed Electric Vehicle-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1829544

No of Pages : 120

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Synopsis
A low speed electric vehicle (LSV) is a four-wheeled 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 has a gross vehicle weight rating (GVWR) of less than 3,001 pounds. It cannot be powered by gas or diesel fuel.
The global Low-speed Electric Vehicle market size is expected to reach US$ 9001.1 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Low-speed Electric Vehicle in various end use industries. The expanding demands from the Personal Use, Commercial Use and Public Utilities,, are propelling Low-speed Electric Vehicle market. Lead-acid Battery EVs, 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 Lithium-ion Battery EVs segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
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 Low-speed Electric Vehicle, 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 Low-speed Electric Vehicle 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 Low-speed Electric Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low-speed Electric Vehicle 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 Low-speed Electric Vehicle covered in this report include Yogomo, Shifeng, Textron, Dojo, Byvin, Polaris, Lichi, Baoya and Tangjun, etc.
The global Low-speed Electric Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Low-speed Electric Vehicle 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 Low-speed Electric Vehicle market, Segment by Type:
Lead-acid Battery EVs
Lithium-ion Battery EVs
Global Low-speed Electric Vehicle market, by Application
Personal Use
Commercial Use
Public Utilities
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 Low-speed Electric Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Low-speed Electric Vehicle 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 Low-speed Electric Vehicle Market Overview
1.1 Low-speed Electric Vehicle Product Overview
1.2 Low-speed Electric Vehicle Market Segment by Type
1.2.1 Lead-acid Battery EVs
1.2.2 Lithium-ion Battery EVs
1.3 Global Low-speed Electric Vehicle Market Size by Type
1.3.1 Global Low-speed Electric Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Low-speed Electric Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Low-speed Electric Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Low-speed Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Low-speed Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Low-speed Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Low-speed Electric Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Low-speed Electric Vehicle Sales Breakdown by Type (2018-2023)
2 Global Low-speed Electric Vehicle Market Competition by Company
2.1 Global Top Players by Low-speed Electric Vehicle Sales (2018-2023)
2.2 Global Top Players by Low-speed Electric Vehicle Revenue (2018-2023)
2.3 Global Top Players by Low-speed Electric Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Low-speed Electric Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Low-speed Electric Vehicle Market Competitive Situation and Trends
2.5.1 Low-speed Electric Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Low-speed Electric Vehicle 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 Low-speed Electric Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Low-speed Electric Vehicle Market
2.8 Key Manufacturers Low-speed Electric Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Low-speed Electric Vehicle Status and Outlook by Region
3.1 Global Low-speed Electric Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Low-speed Electric Vehicle Historic Market Size by Region
3.2.1 Global Low-speed Electric Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Low-speed Electric Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Low-speed Electric Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Low-speed Electric Vehicle Forecasted Market Size by Region
3.3.1 Global Low-speed Electric Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Low-speed Electric Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Low-speed Electric Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Low-speed Electric Vehicle by Application
4.1 Low-speed Electric Vehicle Market Segment by Application
4.1.1 Personal Use
4.1.2 Commercial Use
4.1.3 Public Utilities
4.2 Global Low-speed Electric Vehicle Market Size by Application
4.2.1 Global Low-speed Electric Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Low-speed Electric Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Low-speed Electric Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Low-speed Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Low-speed Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Low-speed Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Low-speed Electric Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Low-speed Electric Vehicle Sales Breakdown by Application (2018-2023)
5 North America Low-speed Electric Vehicle by Country
5.1 North America Low-speed Electric Vehicle Historic Market Size by Country
5.1.1 North America Low-speed Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Low-speed Electric Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Low-speed Electric Vehicle Sales in Value by Country (2018-2023)
5.2 North America Low-speed Electric Vehicle Forecasted Market Size by Country
5.2.1 North America Low-speed Electric Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Low-speed Electric Vehicle Sales in Value by Country (2024-2029)
6 Europe Low-speed Electric Vehicle by Country
6.1 Europe Low-speed Electric Vehicle Historic Market Size by Country
6.1.1 Europe Low-speed Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Low-speed Electric Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Low-speed Electric Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Low-speed Electric Vehicle Forecasted Market Size by Country
6.2.1 Europe Low-speed Electric Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Low-speed Electric Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Low-speed Electric Vehicle by Region
7.1 Asia-Pacific Low-speed Electric Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Low-speed Electric Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Low-speed Electric Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Low-speed Electric Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Low-speed Electric Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Low-speed Electric Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Low-speed Electric Vehicle Sales in Value by Region (2024-2029)
8 Latin America Low-speed Electric Vehicle by Country
8.1 Latin America Low-speed Electric Vehicle Historic Market Size by Country
8.1.1 Latin America Low-speed Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Low-speed Electric Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Low-speed Electric Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Low-speed Electric Vehicle Forecasted Market Size by Country
8.2.1 Latin America Low-speed Electric Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Low-speed Electric Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Low-speed Electric Vehicle by Country
9.1 Middle East and Africa Low-speed Electric Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Low-speed Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Low-speed Electric Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Low-speed Electric Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Low-speed Electric Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Low-speed Electric Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Low-speed Electric Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yogomo
10.1.1 Yogomo Company Information
10.1.2 Yogomo Introduction and Business Overview
10.1.3 Yogomo Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yogomo Low-speed Electric Vehicle Products Offered
10.1.5 Yogomo Recent Development
10.2 Shifeng
10.2.1 Shifeng Company Information
10.2.2 Shifeng Introduction and Business Overview
10.2.3 Shifeng Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Shifeng Low-speed Electric Vehicle Products Offered
10.2.5 Shifeng Recent Development
10.3 Textron
10.3.1 Textron Company Information
10.3.2 Textron Introduction and Business Overview
10.3.3 Textron Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Textron Low-speed Electric Vehicle Products Offered
10.3.5 Textron Recent Development
10.4 Dojo
10.4.1 Dojo Company Information
10.4.2 Dojo Introduction and Business Overview
10.4.3 Dojo Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dojo Low-speed Electric Vehicle Products Offered
10.4.5 Dojo Recent Development
10.5 Byvin
10.5.1 Byvin Company Information
10.5.2 Byvin Introduction and Business Overview
10.5.3 Byvin Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Byvin Low-speed Electric Vehicle Products Offered
10.5.5 Byvin Recent Development
10.6 Polaris
10.6.1 Polaris Company Information
10.6.2 Polaris Introduction and Business Overview
10.6.3 Polaris Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Polaris Low-speed Electric Vehicle Products Offered
10.6.5 Polaris Recent Development
10.7 Lichi
10.7.1 Lichi Company Information
10.7.2 Lichi Introduction and Business Overview
10.7.3 Lichi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lichi Low-speed Electric Vehicle Products Offered
10.7.5 Lichi Recent Development
10.8 Baoya
10.8.1 Baoya Company Information
10.8.2 Baoya Introduction and Business Overview
10.8.3 Baoya Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Baoya Low-speed Electric Vehicle Products Offered
10.8.5 Baoya Recent Development
10.9 Tangjun
10.9.1 Tangjun Company Information
10.9.2 Tangjun Introduction and Business Overview
10.9.3 Tangjun Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Tangjun Low-speed Electric Vehicle Products Offered
10.9.5 Tangjun Recent Development
10.10 Yamaha
10.10.1 Yamaha Company Information
10.10.2 Yamaha Introduction and Business Overview
10.10.3 Yamaha Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yamaha Low-speed Electric Vehicle Products Offered
10.10.5 Yamaha Recent Development
10.11 Fulu
10.11.1 Fulu Company Information
10.11.2 Fulu Introduction and Business Overview
10.11.3 Fulu Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Fulu Low-speed Electric Vehicle Products Offered
10.11.5 Fulu Recent Development
10.12 Xinyuzhou
10.12.1 Xinyuzhou Company Information
10.12.2 Xinyuzhou Introduction and Business Overview
10.12.3 Xinyuzhou Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Xinyuzhou Low-speed Electric Vehicle Products Offered
10.12.5 Xinyuzhou Recent Development
10.13 GreenWheel EV
10.13.1 GreenWheel EV Company Information
10.13.2 GreenWheel EV Introduction and Business Overview
10.13.3 GreenWheel EV Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.13.4 GreenWheel EV Low-speed Electric Vehicle Products Offered
10.13.5 GreenWheel EV Recent Development
10.14 Incalu
10.14.1 Incalu Company Information
10.14.2 Incalu Introduction and Business Overview
10.14.3 Incalu Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Incalu Low-speed Electric Vehicle Products Offered
10.14.5 Incalu Recent Development
10.15 Kandi
10.15.1 Kandi Company Information
10.15.2 Kandi Introduction and Business Overview
10.15.3 Kandi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Kandi Low-speed Electric Vehicle Products Offered
10.15.5 Kandi Recent Development
10.16 Renault
10.16.1 Renault Company Information
10.16.2 Renault Introduction and Business Overview
10.16.3 Renault Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Renault Low-speed Electric Vehicle Products Offered
10.16.5 Renault Recent Development
10.17 APACHE
10.17.1 APACHE Company Information
10.17.2 APACHE Introduction and Business Overview
10.17.3 APACHE Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.17.4 APACHE Low-speed Electric Vehicle Products Offered
10.17.5 APACHE Recent Development
10.18 Garia
10.18.1 Garia Company Information
10.18.2 Garia Introduction and Business Overview
10.18.3 Garia Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Garia Low-speed Electric Vehicle Products Offered
10.18.5 Garia Recent Development
10.19 Zheren
10.19.1 Zheren Company Information
10.19.2 Zheren Introduction and Business Overview
10.19.3 Zheren Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Zheren Low-speed Electric Vehicle Products Offered
10.19.5 Zheren Recent Development
10.20 Ingersoll Rand
10.20.1 Ingersoll Rand Company Information
10.20.2 Ingersoll Rand Introduction and Business Overview
10.20.3 Ingersoll Rand Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Ingersoll Rand Low-speed Electric Vehicle Products Offered
10.20.5 Ingersoll Rand Recent Development
10.21 CitEcar Electric Vehicles
10.21.1 CitEcar Electric Vehicles Company Information
10.21.2 CitEcar Electric Vehicles Introduction and Business Overview
10.21.3 CitEcar Electric Vehicles Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.21.4 CitEcar Electric Vehicles Low-speed Electric Vehicle Products Offered
10.21.5 CitEcar Electric Vehicles Recent Development
10.22 Eagle
10.22.1 Eagle Company Information
10.22.2 Eagle Introduction and Business Overview
10.22.3 Eagle Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Eagle Low-speed Electric Vehicle Products Offered
10.22.5 Eagle Recent Development
10.23 Taiqi
10.23.1 Taiqi Company Information
10.23.2 Taiqi Introduction and Business Overview
10.23.3 Taiqi Low-speed Electric Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Taiqi Low-speed Electric Vehicle Products Offered
10.23.5 Taiqi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Low-speed Electric Vehicle 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 Low-speed Electric Vehicle Industrial Chain Analysis
11.4 Low-speed Electric Vehicle Market Dynamics
11.4.1 Low-speed Electric Vehicle Industry Trends
11.4.2 Low-speed Electric Vehicle Market Drivers
11.4.3 Low-speed Electric Vehicle Market Challenges
11.4.4 Low-speed Electric Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Low-speed Electric Vehicle Distributors
12.3 Low-speed Electric Vehicle 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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