$4550
$3640
Low-speed electric vehicle market accounted for US$ 5,526.65 million in 2022 and is expected to record a CAGR of 5.5% from 2022 to 2030, to account for US$ 8,489.94 million by 2030. The growing emphasis on rising fuel efficiency is likely to remain a key trend in the market.
Low Speed Electric Vehicle Market Analysis
The global low speed electric vehicle market has witnessed a remarkable transformation in the past few years, marking a substantial increase in the trade and adoption of eco-friendly vehicles. In 2022, the import dynamics of electric and hybrid cars underwent a striking evolution, reflecting a growing preference for sustainable mobility solutions. Notably, the substantial shift in the types of electric and hybrid cars being imported is driving the development of the low speed electric vehicles market globally.
Low Speed Electric Vehicle Market Overview
The low speed electric vehicles market has undergone a noteworthy shift as sales of fully electric vehicles have witnessed an upward trend. As consumers prefer environment-friendly alternatives and turn away from diesel-powered cars is anticipated to drive the evolution of the low speed electric vehicle market over the forecast period. The automotive industry is implementing alternative solutions to meet the evolving emission regulations imposed by various lawmakers.
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Low Speed Electric Vehicle Market: Strategic Insights
Market Size Value in US$ 5,526.65 million in 2022 Market Size Value by US$ 8,489.94 million by 2030 Growth rate CAGR of 5.5% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Low Speed Electric Vehicle Market: Strategic Insights
| Market Size Value in | US$ 5,526.65 million in 2022 |
| Market Size Value by | US$ 8,489.94 million by 2030 |
| Growth rate | CAGR of 5.5% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Low Speed Electric Vehicle Market Drivers and Opportunities
Supporting Government Policies and Initiatives for Electric Vehicle Adoption to Favor Market
The growing environmental pollution due to fossil fuels is one of the major concerns for the government. To reduce the level of environmental pollution, various governments are emphasizing consumers adopting cleaner, sustainable, and environment-friendly alternatives by giving special rebates on sales, incentives, lucrative offers, and tax benefits. China, Japan, the European Union, India, Canada, and South Korea are some of the major geographies where governments are actively working towards boosting the adoption of low speed electric vehicles, which is anticipated to thrust the evolution of the low speed electric vehicle market over the forecast period.
Rising Affordability of Low Speed Electric Vehicles
Batteries are a major part of the electric vehicles. Owing to technological advancement and the lowering prices of batteries, electric vehicles are becoming more affordable. The growing affordability and growing government initiatives towards offering tax rebates for opting for electric vehicles are anticipated to drive the growth of the low speed electric vehicles market in coming years.
Low Speed Electric Vehicle Market Report Segmentation Analysis
Key segments that contributed to the derivation of the low speed electric vehicle market analysis are product and end user.
- Based on the product, the low speed electric vehicle market is divided into passenger vehicle and Utility Vehicle. The passenger vehicle segment held a larger market share in 2022.
- Based on end users, the low speed electric vehicle market is divided into golf courses, hotels & resorts, airports, residential & commercial premises, and others. The golf courses segment held a larger market share in 2022.
Low Speed Electric Vehicle Market Share Analysis by Geography
The geographic scope of the Low Speed Electric Vehicle Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The scope of the low speed electric vehicle market report encompasses North America (the US, Canada, and Mexico), Europe (Russia, the UK, France, Germany, Italy, and the Rest of Europe), Asia Pacific (South Korea, India, Australia, Japan, China, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa), and South & Central America (Argentina, Brazil, and the Rest of South & Central America). In terms of revenue, North America dominated the low speed electric vehicle market share in 2022. Asia Pacific is the second-largest contributor to the global low speed electric vehicle market, followed by Europe.
Low Speed Electric Vehicle Market Report Scope
Low Speed Electric Vehicle Market News and Recent Developments
The low speed electric vehicle market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the low speed electric vehicle market are listed below:
- Waev Inc. announced it would be adding rooftop solar panels as an option for its GEM electric vehicles. GEM microcars, also called low-speed vehicles or neighborhood EVs, are lightweight, efficient vehicles designed for use over short distances and have a max speed of 25mph. (Source: Waev Inc, Press Release, August 2023)
- Arcimoto expanded into additional West and East Coast key markets, opening customer orders in Connecticut, North Carolina, South Carolina, and New Mexico, with deliveries starting this Spring. Arcimoto vehicles are now available in California, Oregon, Washington, Hawaii, Nevada, Arizona, New Mexico, Florida, New York, New Jersey, Connecticut, Pennsylvania, Maryland, Virginia, Washington D.C., North Carolina, South Carolina, and Georgia. (Source: Arcimoto, Press Release, May 2023)
Low Speed Electric Vehicle Market Report Coverage and Deliverables
The “Low Speed Electric Vehicle Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Low speed electric vehicle market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Low speed electric vehicle market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Low speed electric vehicle market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the low speed electric vehicle market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
5.5% is the expected CAGR of the low speed electric vehicle market.
US$ 8,941.42 million estimated value of the low speed electric vehicle market by 2030.
North America dominated the low speed electric vehicle market in 2022.
The increasing proliferation of plug-in hybrid low speed electric vehicles is the future trend of the low speed electric vehicle market.
Textron Inc., Yamaha Motor Co. Ltd., Club Car, The Toro Co, Renault SA, Star EV, Waev Inc., Bradshaw Electric Vehicles, Clean Motion AB, and BYD Company Ltd. are some of the leading players in the market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Low-speed Electric Vehicles Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers/Component Suppliers:
4.3.2 Low-speed Electric Vehicles Manufacturers:
4.3.3 End Users:
5. Low-speed Electric Vehicles Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Concerns Regarding Greenhouse Gas Emission
5.1.2 Increasing Government Support for Electric Vehicles
5.1.3 Rising Affordability of Electric Vehicles
5.1.4 Phasing Out of Internal Combustion Engines
5.2 Restraints
5.2.1 Operational Limitations of Battery-operated Electric Vehicles
5.2.2 High Initial Expenditure
5.3 Opportunities
5.3.1 Usage of Low-speed Electric Vehicles in Different Sectors
5.3.2 Increasing Job Opportunities in EV Manufacturing Facilities
5.4 Future Trends
5.4.1 Advent of Lithium-ion Phosphate and Sodium-ion Batteries for Electric Vehicles
5.5 Impact of Drivers and Restraints:
6. Low-speed Electric Vehicles Market - Global Market Analysis
6.1 Low-speed Electric Vehicles Market Revenue (US$ Million), 2022 – 2030
6.2 Low-speed electric vehicles Market Forecast and Analysis
7. Low-speed Electric Vehicles Market Analysis – Product
7.1 Overview
7.1.1 Low-speed Electric Vehicles Market, by Product (2022 and 2030)
7.2 Passenger Vehicle
7.2.1 Overview
7.2.2 Passenger Vehicle Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Utility Vehicle
7.3.1 Overview
7.3.2 Utility Vehicle Market, Revenue and Forecast to 2030 (US$ Million)
8. Low-speed electric vehicles Market Analysis – End user
8.1 Overview
8.1.1 Low-speed Electric Vehicles Market, by End user (2022 and 2030)
8.2 Golf Courses
8.2.1 Overview
8.2.2 Golf Courses Market Revenue, and Forecast to 2030 (US$ Million)
8.2.3 List of Potential Customers
8.3 Hotels & Resorts
8.3.1 Overview
8.3.2 Hotels & Resorts Market Revenue, and Forecast to 2030 (US$ Million)
8.3.3 List of Potential Customers
8.4 Airports
8.4.1 Overview
8.4.2 Airports Market Revenue, and Forecast to 2030 (US$ Million)
8.4.3 List of Potential Customers
8.5 Residential & Commercial Premises
8.5.1 Overview
8.5.2 Residential & Commercial Premises Market Revenue, and Forecast to 2030 (US$ Million)
8.5.3 List of Potential Customers
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
8.6.3 List of Potential Customers
9. Low-speed electric vehicles Market - Geographical Analysis
9.1 Overview
9.2 North America
9.2.1 Overview
9.2.2 North America Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.3 North America Low-speed Electric Vehicles Market Breakdown by Product
9.2.4 North America: Low-speed Electric Vehicles Market, by End user
9.2.5 North America Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.2.5.1 North America Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.2.5.2 US Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.2.1 United States Low-speed Electric Vehicles Market Breakdown by Product
9.2.5.2.2 United States Low-speed Electric Vehicles Market Breakdown by End user
9.2.5.3 Canada Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.3.1 Canada Low-speed Electric Vehicles Market Breakdown by Product
9.2.5.3.2 Canada Low-speed Electric Vehicles Market Breakdown by End user
9.2.5.4 Mexico Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.4.1 Mexico Low-speed Electric Vehicles Market Breakdown by Product
9.2.5.4.2 Mexico Low-speed Electric Vehicles Market Breakdown by End user
9.3 Europe
9.3.1 Overview
9.3.2 Europe Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.3 Europe Low-speed Electric Vehicles Market Breakdown by Product
9.3.4 Europe: Low-speed Electric Vehicles Market, by End user
9.3.5 Europe Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.3.5.1 Europe Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.3.5.2 Germany Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.2.1 Germany Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.2.2 Germany Low-speed Electric Vehicles Market Breakdown by End user
9.3.5.3 France Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.3.1 France Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.3.2 France Low-speed Electric Vehicles Market Breakdown by End user
9.3.5.4 Italy Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.4.1 Italy Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.4.2 Italy Low-speed Electric Vehicles Market Breakdown by End user
9.3.5.5 UK Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.5.1 UK Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.5.2 UK Low-speed Electric Vehicles Market Breakdown by End user
9.3.5.6 Russia Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.6.1 Russia Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.6.2 Russia Low-speed Electric Vehicles Market Breakdown by End user
9.3.5.7 Rest of Europe Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.7.1 Rest of Europe Low-speed Electric Vehicles Market Breakdown by Product
9.3.5.7.2 Rest of Europe Low-speed Electric Vehicles Market Breakdown by End user
9.4 Asia Pacific Low-speed electric vehicles Market
9.4.1 Overview
9.4.2 Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.3 Asia Pacific Low-speed Electric Vehicles Market Breakdown by Product
9.4.4 Asia Pacific: Low-speed Electric Vehicles Market, by End user
9.4.5 Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.4.5.1 Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.4.5.2 Australia Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.2.1 Australia Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.2.2 Australia Low-speed Electric Vehicles Market Breakdown by End user
9.4.5.3 China Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.3.1 China Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.3.2 China Low-speed Electric Vehicles Market Breakdown by End user
9.4.5.4 India Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.4.1 India Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.4.2 India Low-speed Electric Vehicles Market Breakdown by End user
9.4.5.5 Japan Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.5.1 Japan Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.5.2 Japan Low-speed Electric Vehicles Market Breakdown by End user
9.4.5.6 South Korea Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.6.1 South Korea Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.6.2 South Korea Low-speed Electric Vehicles Market Breakdown by End user
9.4.5.7 Rest of Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.7.1 Rest of Asia Low-speed Electric Vehicles Market Breakdown by Product
9.4.5.7.2 Rest of Asia Low-speed Electric Vehicles Market Breakdown by End user
9.5 Middle East & Africa
9.5.1 Overview
9.5.2 Middle East & Africa Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.3 Middle East & Africa Low-speed Electric Vehicles Market Breakdown by Product
9.5.4 Middle East & Africa: Low-speed Electric Vehicles Market, by End user
9.5.5 Middle East & Africa Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.5.5.1 Middle East & Africa Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Country
9.5.5.2 South Africa Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.2.1 South Africa Low-speed Electric Vehicles Market Breakdown by Product
9.5.5.2.2 South Africa Low-speed Electric Vehicles Market Breakdown by End user
9.5.5.3 Saudi Arabia Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.3.1 Saudi Arabia Low-speed Electric Vehicles Market Breakdown by Product
9.5.5.3.2 Saudi Arabia Low-speed Electric Vehicles Market Breakdown by End user
9.5.5.4 UAE Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.4.1 UAE Low-speed Electric Vehicles Market Breakdown by Product
9.5.5.4.2 UAE Low-speed Electric Vehicles Market Breakdown by End user
9.5.5.5 Rest of MEA Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.5.5.5.1 Rest of MEA Low-speed Electric Vehicles Market Breakdown by Product
9.5.5.5.2 Rest of MEA Low-speed Electric Vehicles Market Breakdown by End user
9.6 South America
9.6.1 Overview
9.6.2 South America Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.3 South America Low-speed Electric Vehicles Market Breakdown by Product
9.6.4 South America: Low-speed Electric Vehicles Market, by End user
9.6.5 South America Low-speed Electric Vehicles Market Revenue and Forecasts and Analysis - By Countries
9.6.5.1 Brazil Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.1.1 Brazil Low-speed Electric Vehicles Market Breakdown by Product
9.6.5.1.2 Brazil Low-speed Electric Vehicles Market Breakdown by End user
9.6.5.2 Argentina Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.2.1 Argentina Low-speed Electric Vehicles Market Breakdown by Product
9.6.5.2.2 Argentina Low-speed Electric Vehicles Market Breakdown by End user
9.6.5.3 Rest of SAM Low-speed Electric Vehicles Market Revenue and Forecasts to 2030 (US$ Mn)
9.6.5.3.1 Rest of SAM Low-speed Electric Vehicles Market Breakdown by Product
9.6.5.3.2 Rest of SAM Low-speed Electric Vehicles Market Breakdown by End user
10. Low-speed Electric Vehicles Market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Cushman
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Drake Golf Carts CC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Evfarm India Pvt Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Autopower Drives (India) Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Navya SA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Nimos BV
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Westward Industries Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Taizhou EBU Industry & Trade Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 LVTong USA Golf Cars LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Aetric Electric Vehicles
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 American Custom Golf Cars Inc
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Waev Inc
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Yamaha Motor Co Ltd
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Anhui Airuite New Energy Special Purpose Vehicle Co Ltd
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 Arcimoto Inc
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments
13.16 John Bradshaw Ltd
13.16.1 Key Facts
13.16.2 Business Description
13.16.3 Products and Services
13.16.4 Financial Overview
13.16.5 SWOT Analysis
13.16.6 Key Developments
13.17 Goggo Inc
13.17.1 Key Facts
13.17.2 Business Description
13.17.3 Products and Services
13.17.4 Financial Overview
13.17.5 SWOT Analysis
13.17.6 Key Developments
13.18 Guangdong Lvtong New Energy Electric Vehicle Technology Co Ltd
13.18.1 Key Facts
13.18.2 Business Description
13.18.3 Products and Services
13.18.4 Financial Overview
13.18.5 SWOT Analysis
13.18.6 Key Developments
13.19 Hawthorne Pacific Corp
13.19.1 Key Facts
13.19.2 Business Description
13.19.3 Products and Services
13.19.4 Financial Overview
13.19.5 SWOT Analysis
13.19.6 Key Developments
13.20 Cruise Car Inc
13.20.1 Key Facts
13.20.2 Business Description
13.20.3 Products and Services
13.20.4 Financial Overview
13.20.5 SWOT Analysis
13.20.6 Key Developments
13.21 Eli Electric Vehicles Inc
13.21.1 Key Facts
13.21.2 Business Description
13.21.3 Products and Services
13.21.4 Financial Overview
13.21.5 SWOT Analysis
13.21.6 Key Developments
13.22 Green Scooter (Pty) Ltd
13.22.1 Key Facts
13.22.2 Business Description
13.22.3 Products and Services
13.22.4 Financial Overview
13.22.5 SWOT Analysis
13.22.6 Key Developments
13.23 ELVY Inc
13.23.1 Key Facts
13.23.2 Business Description
13.23.3 Products and Services
13.23.4 Financial Overview
13.23.5 SWOT Analysis
13.23.6 Key Developments
13.24 Yamaha Golf-Car Co
13.24.1 Key Facts
13.24.2 Business Description
13.24.3 Products and Services
13.24.4 Financial Overview
13.24.5 SWOT Analysis
13.24.6 Key Developments
13.25 XunHu
13.25.1 Key Facts
13.25.2 Business Description
13.25.3 Products and Services
13.25.4 Financial Overview
13.25.5 SWOT Analysis
13.25.6 Key Developments
13.26 Xiamen Dalle Electric Car Co Ltd
13.26.1 Key Facts
13.26.2 Business Description
13.26.3 Products and Services
13.26.4 Financial Overview
13.26.5 SWOT Analysis
13.26.6 Key Developments
13.27 Tomberlin
13.27.1 Key Facts
13.27.2 Business Description
13.27.3 Products and Services
13.27.4 Financial Overview
13.27.5 SWOT Analysis
13.27.6 Key Developments
13.28 Club Car LLC
13.28.1 Key Facts
13.28.2 Business Description
13.28.3 Products and Services
13.28.4 Financial Overview
13.28.5 SWOT Analysis
13.28.6 Key Developments
13.29 FLORA Wilh Foerster GmbH & Co KG
13.29.1 Key Facts
13.29.2 Business Description
13.29.3 Products and Services
13.29.4 Financial Overview
13.29.5 SWOT Analysis
13.29.6 Key Developments
13.30 BOLDLY Inc
13.30.1 Key Facts
13.30.2 Business Description
13.30.3 Products and Services
13.30.4 Financial Overview
13.30.5 SWOT Analysis
13.30.6 Key Developments
13.31 Nandan GSE Pvt Ltd
13.31.1 Key Facts
13.31.2 Business Description
13.31.3 Products and Services
13.31.4 Financial Overview
13.31.5 SWOT Analysis
13.31.6 Key Developments
13.32 Renault SA
13.32.1 Key Facts
13.32.2 Business Description
13.32.3 Products and Services
13.32.4 Financial Overview
13.32.5 SWOT Analysis
13.32.6 Key Developments
13.33 Deere & Co
13.33.1 Key Facts
13.33.2 Business Description
13.33.3 Products and Services
13.33.4 Financial Overview
13.33.5 SWOT Analysis
13.33.6 Key Developments
13.34 Suzhou Eagle Electric Vehicle Manufacturing Co Ltd
13.34.1 Key Facts
13.34.2 Business Description
13.34.3 Products and Services
13.34.4 Financial Overview
13.34.5 SWOT Analysis
13.34.6 Key Developments
13.35 The Toro Co
13.35.1 Key Facts
13.35.2 Business Description
13.35.3 Products and Services
13.35.4 Financial Overview
13.35.5 SWOT Analysis
13.35.6 Key Developments
13.36 Crown Carts LLC
13.36.1 Key Facts
13.36.2 Business Description
13.36.3 Products and Services
13.36.4 Financial Overview
13.36.5 SWOT Analysis
13.36.6 Key Developments
13.37 eTrikeCo Corp
13.37.1 Key Facts
13.37.2 Business Description
13.37.3 Products and Services
13.37.4 Financial Overview
13.37.5 SWOT Analysis
13.37.6 Key Developments
13.38 Saera Electric Auto Ltd
13.38.1 Key Facts
13.38.2 Business Description
13.38.3 Products and Services
13.38.4 Financial Overview
13.38.5 SWOT Analysis
13.38.6 Key Developments
13.39 Shenzhen Aoxiang Industrial Development Co Ltd
13.39.1 Key Facts
13.39.2 Business Description
13.39.3 Products and Services
13.39.4 Financial Overview
13.39.5 SWOT Analysis
13.39.6 Key Developments
13.40 The Sol Patch International Inc
13.40.1 Key Facts
13.40.2 Business Description
13.40.3 Products and Services
13.40.4 Financial Overview
13.40.5 SWOT Analysis
13.40.6 Key Developments
13.41 Squad Mobility BV
13.41.1 Key Facts
13.41.2 Business Description
13.41.3 Products and Services
13.41.4 Financial Overview
13.41.5 SWOT Analysis
13.41.6 Key Developments
13.42 Clean Motion AB
13.42.1 Key Facts
13.42.2 Business Description
13.42.3 Products and Services
13.42.4 Financial Overview
13.42.5 SWOT Analysis
13.42.6 Key Developments
13.43 Canadian Electric Vehicles Ltd
13.43.1 Key Facts
13.43.2 Business Description
13.43.3 Products and Services
13.43.4 Financial Overview
13.43.5 SWOT Analysis
13.43.6 Key Developments
13.44 Citroen UK Ltd
13.44.1 Key Facts
13.44.2 Business Description
13.44.3 Products and Services
13.44.4 Financial Overview
13.44.5 SWOT Analysis
13.44.6 Key Developments
13.45 Cengocar
13.45.1 Key Facts
13.45.2 Business Description
13.45.3 Products and Services
13.45.4 Financial Overview
13.45.5 SWOT Analysis
13.45.6 Key Developments
13.46 Guangzhou Langqing Electric Car Co Ltd
13.46.1 Key Facts
13.46.2 Business Description
13.46.3 Products and Services
13.46.4 Financial Overview
13.46.5 SWOT Analysis
13.46.6 Key Developments
13.47 Goupil Industrie SA
13.47.1 Key Facts
13.47.2 Business Description
13.47.3 Products and Services
13.47.4 Financial Overview
13.47.5 SWOT Analysis
13.47.6 Key Developments
13.48 HDK Electric Vehicle Corp
13.48.1 Key Facts
13.48.2 Business Description
13.48.3 Products and Services
13.48.4 Financial Overview
13.48.5 SWOT Analysis
13.48.6 Key Developments
13.49 Lohr SA
13.49.1 Key Facts
13.49.2 Business Description
13.49.3 Products and Services
13.49.4 Financial Overview
13.49.5 SWOT Analysis
13.49.6 Key Developments
13.50 Mobi G Industriess (Pty) Ltd
13.50.1 Key Facts
13.50.2 Business Description
13.50.3 Products and Services
13.50.4 Financial Overview
13.50.5 SWOT Analysis
13.50.6 Key Developments
13.51 National Golf Carts (Pty) Ltd
13.51.1 Key Facts
13.51.2 Business Description
13.51.3 Products and Services
13.51.4 Financial Overview
13.51.5 SWOT Analysis
13.51.6 Key Developments
13.52 Parmaker Holdings Pty Ltd
13.52.1 Key Facts
13.52.2 Business Description
13.52.3 Products and Services
13.52.4 Financial Overview
13.52.5 SWOT Analysis
13.52.6 Key Developments
13.53 Prevalence Green Solutions Pvt Ltd
13.53.1 Key Facts
13.53.2 Business Description
13.53.3 Products and Services
13.53.4 Financial Overview
13.53.5 SWOT Analysis
13.53.6 Key Developments
13.54 Roots Industries India Ltd
13.54.1 Key Facts
13.54.2 Business Description
13.54.3 Products and Services
13.54.4 Financial Overview
13.54.5 SWOT Analysis
13.54.6 Key Developments
13.55 Tektem Makina Sanayi ve Ticaret AS
13.55.1 Key Facts
13.55.2 Business Description
13.55.3 Products and Services
13.55.4 Financial Overview
13.55.5 SWOT Analysis
13.55.6 Key Developments
13.56 Kinghike Vehicle Co Ltd
13.56.1 Key Facts
13.56.2 Business Description
13.56.3 Products and Services
13.56.4 Financial Overview
13.56.5 SWOT Analysis
13.56.6 Key Developments
13.57 Daedong-USA Inc KIOTI Tractor Division
13.57.1 Key Facts
13.57.2 Business Description
13.57.3 Products and Services
13.57.4 Financial Overview
13.57.5 SWOT Analysis
13.57.6 Key Developments
13.58 Lawat Motors LLP
13.58.1 Key Facts
13.58.2 Business Description
13.58.3 Products and Services
13.58.4 Financial Overview
13.58.5 SWOT Analysis
13.58.6 Key Developments
13.59 Marshell Green Power
13.59.1 Key Facts
13.59.2 Business Description
13.59.3 Products and Services
13.59.4 Financial Overview
13.59.5 SWOT Analysis
13.59.6 Key Developments
13.60 Melex Sp zoo
13.60.1 Key Facts
13.60.2 Business Description
13.60.3 Products and Services
13.60.4 Financial Overview
13.60.5 SWOT Analysis
13.60.6 Key Developments
13.61 AGT Electric Cars
13.61.1 Key Facts
13.61.2 Business Description
13.61.3 Products and Services
13.61.4 Financial Overview
13.61.5 SWOT Analysis
13.61.6 Key Developments
13.62 American Landmaster LLC
13.62.1 Key Facts
13.62.2 Business Description
13.62.3 Products and Services
13.62.4 Financial Overview
13.62.5 SWOT Analysis
13.62.6 Key Developments
13.63 KG Automobile SAS
13.63.1 Key Facts
13.63.2 Business Description
13.63.3 Products and Services
13.63.4 Financial Overview
13.63.5 SWOT Analysis
13.63.6 Key Developments
13.64 EV Titan LLC
13.64.1 Key Facts
13.64.2 Business Description
13.64.3 Products and Services
13.64.4 Financial Overview
13.64.5 SWOT Analysis
13.64.6 Key Developments
13.65 My Electric Vehicle Ltd
13.65.1 Key Facts
13.65.2 Business Description
13.65.3 Products and Services
13.65.4 Financial Overview
13.65.5 SWOT Analysis
13.65.6 Key Developments
13.66 Musoshi
13.66.1 Key Facts
13.66.2 Business Description
13.66.3 Products and Services
13.66.4 Financial Overview
13.66.5 SWOT Analysis
13.66.6 Key Developments
13.67 Wink Motors Inc
13.67.1 Key Facts
13.67.2 Business Description
13.67.3 Products and Services
13.67.4 Financial Overview
13.67.5 SWOT Analysis
13.67.6 Key Developments
13.68 Polaris Inc
13.68.1 Key Facts
13.68.2 Business Description
13.68.3 Products and Services
13.68.4 Financial Overview
13.68.5 SWOT Analysis
13.68.6 Key Developments
13.69 Swincar SARL
13.69.1 Key Facts
13.69.2 Business Description
13.69.3 Products and Services
13.69.4 Financial Overview
13.69.5 SWOT Analysis
13.69.6 Key Developments
13.70 Star EV Corp
13.70.1 Key Facts
13.70.2 Business Description
13.70.3 Products and Services
13.70.4 Financial Overview
13.70.5 SWOT Analysis
13.70.6 Key Developments
13.71 EasyMile SAS
13.71.1 Key Facts
13.71.2 Business Description
13.71.3 Products and Services
13.71.4 Financial Overview
13.71.5 SWOT Analysis
13.71.6 Key Developments
13.72 Lift Safe Ltd
13.72.1 Key Facts
13.72.2 Business Description
13.72.3 Products and Services
13.72.4 Financial Overview
13.72.5 SWOT Analysis
13.72.6 Key Developments
13.73 Paxster AS
13.73.1 Key Facts
13.73.2 Business Description
13.73.3 Products and Services
13.73.4 Financial Overview
13.73.5 SWOT Analysis
13.73.6 Key Developments
13.74 Vayve Mobility Pvt Ltd
13.74.1 Key Facts
13.74.2 Business Description
13.74.3 Products and Services
13.74.4 Financial Overview
13.74.5 SWOT Analysis
13.74.6 Key Developments
13.75 Momentum MotorWerks LLC
13.75.1 Key Facts
13.75.2 Business Description
13.75.3 Products and Services
13.75.4 Financial Overview
13.75.5 SWOT Analysis
13.75.6 Key Developments
13.76 Martex Global Enterprise LLC
13.76.1 Key Facts
13.76.2 Business Description
13.76.3 Products and Services
13.76.4 Financial Overview
13.76.5 SWOT Analysis
13.76.6 Key Developments
13.77 Atomic Cool Kartz USA Inc
13.77.1 Key Facts
13.77.2 Business Description
13.77.3 Products and Services
13.77.4 Financial Overview
13.77.5 SWOT Analysis
13.77.6 Key Developments
13.78 Electric Railway (Thailand) PCL
13.78.1 Key Facts
13.78.2 Business Description
13.78.3 Products and Services
13.78.4 Financial Overview
13.78.5 SWOT Analysis
13.78.6 Key Developments
13.79 Evolution Electric Vehicles Inc
13.79.1 Key Facts
13.79.2 Business Description
13.79.3 Products and Services
13.79.4 Financial Overview
13.79.5 SWOT Analysis
13.79.6 Key Developments
13.80 Vitacci Motorcycles Inc
13.80.1 Key Facts
13.80.2 Business Description
13.80.3 Products and Services
13.80.4 Financial Overview
13.80.5 SWOT Analysis
13.80.6 Key Developments
13.81 E-Z-Go
13.81.1 Key Facts
13.81.2 Business Description
13.81.3 Products and Services
13.81.4 Financial Overview
13.81.5 SWOT Analysis
13.81.6 Key Developments
13.82 Prairie Turf Pros LLC
13.82.1 Key Facts
13.82.2 Business Description
13.82.3 Products and Services
13.82.4 Financial Overview
13.82.5 SWOT Analysis
13.82.6 Key Developments
13.83 Estrima SpA
13.83.1 Key Facts
13.83.2 Business Description
13.83.3 Products and Services
13.83.4 Financial Overview
13.83.5 SWOT Analysis
13.83.6 Key Developments
13.84 Moto Electric Vehicle and More LLC
13.84.1 Key Facts
13.84.2 Business Description
13.84.3 Products and Services
13.84.4 Financial Overview
13.84.5 SWOT Analysis
13.84.6 Key Developments
13.85 Movex Innovation Inc
13.85.1 Key Facts
13.85.2 Business Description
13.85.3 Products and Services
13.85.4 Financial Overview
13.85.5 SWOT Analysis
13.85.6 Key Developments
13.86 Kinetic Green Energy & Power Solutions Ltd
13.86.1 Key Facts
13.86.2 Business Description
13.86.3 Products and Services
13.86.4 Financial Overview
13.86.5 SWOT Analysis
13.86.6 Key Developments
13.87 ICON EV LLC
13.87.1 Key Facts
13.87.2 Business Description
13.87.3 Products and Services
13.87.4 Financial Overview
13.87.5 SWOT Analysis
13.87.6 Key Developments
13.88 Jaymac Engineering Ltd
13.88.1 Key Facts
13.88.2 Business Description
13.88.3 Products and Services
13.88.4 Financial Overview
13.88.5 SWOT Analysis
13.88.6 Key Developments
13.89 King of Carts LLC
13.89.1 Key Facts
13.89.2 Business Description
13.89.3 Products and Services
13.89.4 Financial Overview
13.89.5 SWOT Analysis
13.89.6 Key Developments
13.90 FJ Sport SpA
13.90.1 Key Facts
13.90.2 Business Description
13.90.3 Products and Services
13.90.4 Financial Overview
13.90.5 SWOT Analysis
13.90.6 Key Developments
13.91 Moke America LLC
13.91.1 Key Facts
13.91.2 Business Description
13.91.3 Products and Services
13.91.4 Financial Overview
13.91.5 SWOT Analysis
13.91.6 Key Developments
13.92 Quickie Products LLC
13.92.1 Key Facts
13.92.2 Business Description
13.92.3 Products and Services
13.92.4 Financial Overview
13.92.5 SWOT Analysis
13.92.6 Key Developments
13.93 United Smart EV America LLC
13.93.1 Key Facts
13.93.2 Business Description
13.93.3 Products and Services
13.93.4 Financial Overview
13.93.5 SWOT Analysis
13.93.6 Key Developments
13.94 Italcar Industrial Srl
13.94.1 Key Facts
13.94.2 Business Description
13.94.3 Products and Services
13.94.4 Financial Overview
13.94.5 SWOT Analysis
13.94.6 Key Developments
13.95 Tri Electric Pvt Ltd
13.95.1 Key Facts
13.95.2 Business Description
13.95.3 Products and Services
13.95.4 Financial Overview
13.95.5 SWOT Analysis
13.95.6 Key Developments
13.96 Golf International Turizm Insaat Tarim Ve Ticaret Ltd Sirketi
13.96.1 Key Facts
13.96.2 Business Description
13.96.3 Products and Services
13.96.4 Financial Overview
13.96.5 SWOT Analysis
13.96.6 Key Developments
13.97 Vantage Tag Systems Inc
13.97.1 Key Facts
13.97.2 Business Description
13.97.3 Products and Services
13.97.4 Financial Overview
13.97.5 SWOT Analysis
13.97.6 Key Developments
13.98 X RAAM SRL
13.98.1 Key Facts
13.98.2 Business Description
13.98.3 Products and Services
13.98.4 Financial Overview
13.98.5 SWOT Analysis
13.98.6 Key Developments
13.99 Zhejiang Special Vehicle Sales Co Ltd
13.99.1 Key Facts
13.99.2 Business Description
13.99.3 Products and Services
13.99.4 Financial Overview
13.99.5 SWOT Analysis
13.99.6 Key Developments
13.100 Columbia Vehicle Group Inc
13.100.1 Key Facts
13.100.2 Business Description
13.100.3 Products and Services
13.100.4 Financial Overview
13.100.5 SWOT Analysis
13.100.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
List of Tables
Table 1. Low-speed Electric Vehicles Market Segmentation
Table 2. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Million) – Product
Table 4. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Million) – End user
Table 5. List of Potential Customers
Table 6. List of Potential Customers
Table 7. List of Potential Customers
Table 8. List of Potential Customers
Table 9. List of Potential Customers
Table 10. North America Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 11. North America: Low-speed Electric Vehicles Market, by Aircraft Type Revenue and Forecast to 2030 (US$ Million)
Table 12. North America Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 13. United States Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 14. United States Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 15. Canada Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 16. Canada Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 17. Mexico Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 18. Mexico Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 19. Europe Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 20. Europe: Low-speed Electric Vehicles Market, by Aircraft Type Revenue and Forecast to 2030 (US$ Million)
Table 21. Europe Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 22. Germany Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 23. Germany Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 24. France Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 25. France Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 26. Italy Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 27. Italy Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 28. UK Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 29. UK Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 30. Russia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 31. Russia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 32. Rest of Europe Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 33. Rest of Europe Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 34. Asia Pacific Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 35. Asia Pacific: Low-speed Electric Vehicles Market, by Aircraft Type Revenue and Forecast to 2030 (US$ Million)
Table 36. Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 37. Australia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 38. Australia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 39. China Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 40. China Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 41. India Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 42. India Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 43. Japan Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 44. Japan Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 45. South Korea Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 46. South Korea Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 47. Rest of Asia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 48. Rest of Asia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 49. Middle East & Africa Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 50. Middle East & Africa: Low-speed Electric Vehicles Market, by Aircraft Type Revenue and Forecast to 2030 (US$ Million)
Table 51. Middle East & Africa Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 52. South Africa Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 53. South Africa Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 54. Saudi Arabia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 55. Saudi Arabia Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 56. UAE Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 57. UAE Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 58. Rest of MEA Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 59. Rest of MEA Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 60. South America Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 61. South America: Low-speed Electric Vehicles Market, by Aircraft Type Revenue and Forecast to 2030 (US$ Million)
Table 62. South America Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 63. Brazil Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 64. Brazil Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 65. Argentina Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 66. Argentina Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 67. Rest of SAM Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – Product
Table 68. Rest of SAM Low-speed Electric Vehicles Market Revenue And Forecasts To 2030 (US$ Mn) – End user
Table 69. List of Abbreviation
List of Figures
Figure 1. Low-speed Electric Vehicles Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Low-speed electric vehicles Market
Figure 4. Low-speed Electric Vehicles Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Low-speed Electric Vehicles Market Breakdown by Geography, 2022 and 2030 (%)
Figure 7. Low-speed Electric Vehicles Market Revenue (US$ Million), 2022 – 2030
Figure 8. Low-speed electric vehicles Market Share (%) – Product, 2022 and 2030
Figure 9. Passenger Vehicle Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Utility Vehicle Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Low-speed Electric Vehicles Market, by End user (2022 and 2030)
Figure 12. Golf Courses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Hotels & Resorts Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Hotels & Resorts Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Residential & Commercial Premises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Low-speed Electric Vehicles Market Breakdown by Region, 2022 and 2030 (%)
Figure 18. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. North America Low-speed Electric Vehicles Market Revenue Share, by Product (2022 and 2030)
Figure 20. North America Low-speed Electric Vehicles Market Revenue Share, by End user (2022 and 2030)
Figure 21. Low-speed Electric Vehicles Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 22. US Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Canada Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Mexico Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Europe Low-speed Electric Vehicles Market Revenue Share, by Product (2022 and 2030)
Figure 27. Europe Low-speed Electric Vehicles Market Revenue Share, by End user (2022 and 2030)
Figure 28. Low-speed Electric Vehicles Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. Germany Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. France Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Italy Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. UK Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 33. Russia Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 34. Rest of Europe Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 35. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Asia Pacific Low-speed Electric Vehicles Market Revenue Share, by Product (2022 and 2030)
Figure 37. Asia Pacific Low-speed Electric Vehicles Market Revenue Share, by End user (2022 and 2030)
Figure 38. Low-speed Electric Vehicles Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 39. Australia Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. China Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. India Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. Japan Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 43. South Korea Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 44. Rest of Asia Pacific Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Middle East & Africa Low-speed Electric Vehicles Market Revenue Share, by Product (2022 and 2030)
Figure 47. Middle East & Africa Low-speed Electric Vehicles Market Revenue Share, by End user (2022 and 2030)
Figure 48. Low-speed Electric Vehicles Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 49. South Africa Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. Saudi Arabia Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. UAE Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Rest of MEA Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. South America Low-speed Electric Vehicles Market Revenue Share, by Product (2022 and 2030)
Figure 55. South America Low-speed Electric Vehicles Market Revenue Share, by End user (2022 and 2030)
Figure 56. Low-speed Electric Vehicles Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 57. Brazil Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 58. Argentina Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 59. Rest of SAM Low-speed Electric Vehicles Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. Company Positioning & Concentration
The List of Companies - Low-speed Electric Vehicle Market
- Textron Inc
- Yamaha Motor Co Ltd
- Club Car
- The Toro Co
- Renault SA
- Star EV
- Waev Inc
- Bradshaw Electric Vehicles
- Clean Motion AB
- Navya SA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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