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 3,003 pounds. It cannot be powered by gas or diesel fuel.
Highlights
The global Low Speed Electrical Vehicle market was valued at US$ 7137 million in 2022 and is anticipated to reach US$ 9001.1 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
In China, main manufacturers of low speed electric vehicles include Letin, Jinpeng and Honri, etc. The top three players hold a share nearly 55%. The largest China market is East China, holds a share about 55%, followed by Central China and North China, both holding a share about 16 percent.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Low Speed Electrical Vehicle, 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 Low Speed Electrical Vehicle.
The Low Speed Electrical Vehicle market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Low Speed Electrical Vehicle 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 Low Speed Electrical Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
By Company
Yamaha Motors
HDK Electric Vehicles
Textron
Speedway Electric
Polaris Industries
CitEcar Electric Vehicles
Suzhou Eagle Electric Vehicle Manufacturing
Moto Electric Vehicles
Club Car
Ligier Professional
E-Z-GO
Alke
Marshell
Taylor-Dunn
John Deere
STAR EV
Guangdong Lvtong
Segment by Type
Electric Golf Cart
Electric Personal Utility Vehicle
Electric Low Speed Off-Road Vehicle
Others
Segment by Application
Golf Courses
Hotels
Tourist Destinations
Airports
Others
Consumption by Region
North America
Europe
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 Low Speed Electrical Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Low Speed Electrical Vehicle 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Low Speed Electrical Vehicle Market Overview
1.1 Product Overview and Scope of Low Speed Electrical Vehicle
1.2 Low Speed Electrical Vehicle Segment by Type
1.2.1 Global Low Speed Electrical Vehicle Market Value Comparison by Type (2023-2029)
1.2.2 Electric Golf Cart
1.2.3 Electric Personal Utility Vehicle
1.2.4 Electric Low Speed Off-Road Vehicle
1.2.5 Others
1.3 Low Speed Electrical Vehicle Segment by Application
1.3.1 Global Low Speed Electrical Vehicle Market Value by Application: (2023-2029)
1.3.2 Golf Courses
1.3.3 Hotels
1.3.4 Tourist Destinations
1.3.5 Airports
1.3.6 Others
1.4 Global Low Speed Electrical Vehicle Market Size Estimates and Forecasts
1.4.1 Global Low Speed Electrical Vehicle Revenue 2018-2029
1.4.2 Global Low Speed Electrical Vehicle Sales 2018-2029
1.4.3 Global Low Speed Electrical Vehicle Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Low Speed Electrical Vehicle Market Competition by Manufacturers
2.1 Global Low Speed Electrical Vehicle Sales Market Share by Manufacturers (2018-2023)
2.2 Global Low Speed Electrical Vehicle Revenue Market Share by Manufacturers (2018-2023)
2.3 Global Low Speed Electrical Vehicle Average Price by Manufacturers (2018-2023)
2.4 Global Low Speed Electrical Vehicle Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Low Speed Electrical Vehicle, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Low Speed Electrical Vehicle, Product Type & Application
2.7 Low Speed Electrical Vehicle Market Competitive Situation and Trends
2.7.1 Low Speed Electrical Vehicle Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Low Speed Electrical Vehicle Players Market Share by Revenue
2.7.3 Global Low Speed Electrical Vehicle Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Low Speed Electrical Vehicle Retrospective Market Scenario by Region
3.1 Global Low Speed Electrical Vehicle Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Low Speed Electrical Vehicle Global Low Speed Electrical Vehicle Sales by Region: 2018-2029
3.2.1 Global Low Speed Electrical Vehicle Sales by Region: 2018-2023
3.2.2 Global Low Speed Electrical Vehicle Sales by Region: 2024-2029
3.3 Global Low Speed Electrical Vehicle Global Low Speed Electrical Vehicle Revenue by Region: 2018-2029
3.3.1 Global Low Speed Electrical Vehicle Revenue by Region: 2018-2023
3.3.2 Global Low Speed Electrical Vehicle Revenue by Region: 2024-2029
3.4 North America Low Speed Electrical Vehicle Market Facts & Figures by Country
3.4.1 North America Low Speed Electrical Vehicle Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Low Speed Electrical Vehicle Sales by Country (2018-2029)
3.4.3 North America Low Speed Electrical Vehicle Revenue by Country (2018-2029)
3.5 Europe Low Speed Electrical Vehicle Market Facts & Figures by Country
3.5.1 Europe Low Speed Electrical Vehicle Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Low Speed Electrical Vehicle Sales by Country (2018-2029)
3.5.3 Europe Low Speed Electrical Vehicle Revenue by Country (2018-2029)
3.6 Asia Pacific Low Speed Electrical Vehicle Market Facts & Figures by Country
3.6.1 Asia Pacific Low Speed Electrical Vehicle Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Low Speed Electrical Vehicle Sales by Country (2018-2029)
3.6.3 Asia Pacific Low Speed Electrical Vehicle Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Low Speed Electrical Vehicle Market Facts & Figures by Country
3.7.1 Latin America Low Speed Electrical Vehicle Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Low Speed Electrical Vehicle Sales by Country (2018-2029)
3.7.3 Latin America Low Speed Electrical Vehicle Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Low Speed Electrical Vehicle Market Facts & Figures by Country
3.8.1 Middle East and Africa Low Speed Electrical Vehicle Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Low Speed Electrical Vehicle Sales by Country (2018-2029)
3.8.3 Middle East and Africa Low Speed Electrical Vehicle Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Low Speed Electrical Vehicle Sales by Type (2018-2029)
4.1.1 Global Low Speed Electrical Vehicle Sales by Type (2018-2023)
4.1.2 Global Low Speed Electrical Vehicle Sales by Type (2024-2029)
4.1.3 Global Low Speed Electrical Vehicle Sales Market Share by Type (2018-2029)
4.2 Global Low Speed Electrical Vehicle Revenue by Type (2018-2029)
4.2.1 Global Low Speed Electrical Vehicle Revenue by Type (2018-2023)
4.2.2 Global Low Speed Electrical Vehicle Revenue by Type (2024-2029)
4.2.3 Global Low Speed Electrical Vehicle Revenue Market Share by Type (2018-2029)
4.3 Global Low Speed Electrical Vehicle Price by Type (2018-2029)
5 Segment by Application
5.1 Global Low Speed Electrical Vehicle Sales by Application (2018-2029)
5.1.1 Global Low Speed Electrical Vehicle Sales by Application (2018-2023)
5.1.2 Global Low Speed Electrical Vehicle Sales by Application (2024-2029)
5.1.3 Global Low Speed Electrical Vehicle Sales Market Share by Application (2018-2029)
5.2 Global Low Speed Electrical Vehicle Revenue by Application (2018-2029)
5.2.1 Global Low Speed Electrical Vehicle Revenue by Application (2018-2023)
5.2.2 Global Low Speed Electrical Vehicle Revenue by Application (2024-2029)
5.2.3 Global Low Speed Electrical Vehicle Revenue Market Share by Application (2018-2029)
5.3 Global Low Speed Electrical Vehicle Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Yamaha Motors
6.1.1 Yamaha Motors Corporation Information
6.1.2 Yamaha Motors Description and Business Overview
6.1.3 Yamaha Motors Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Yamaha Motors Low Speed Electrical Vehicle Product Portfolio
6.1.5 Yamaha Motors Recent Developments/Updates
6.2 HDK Electric Vehicles
6.2.1 HDK Electric Vehicles Corporation Information
6.2.2 HDK Electric Vehicles Description and Business Overview
6.2.3 HDK Electric Vehicles Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.2.4 HDK Electric Vehicles Low Speed Electrical Vehicle Product Portfolio
6.2.5 HDK Electric Vehicles Recent Developments/Updates
6.3 Textron
6.3.1 Textron Corporation Information
6.3.2 Textron Description and Business Overview
6.3.3 Textron Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.3.4 Textron Low Speed Electrical Vehicle Product Portfolio
6.3.5 Textron Recent Developments/Updates
6.4 Speedway Electric
6.4.1 Speedway Electric Corporation Information
6.4.2 Speedway Electric Description and Business Overview
6.4.3 Speedway Electric Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Speedway Electric Low Speed Electrical Vehicle Product Portfolio
6.4.5 Speedway Electric Recent Developments/Updates
6.5 Polaris Industries
6.5.1 Polaris Industries Corporation Information
6.5.2 Polaris Industries Description and Business Overview
6.5.3 Polaris Industries Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.5.4 Polaris Industries Low Speed Electrical Vehicle Product Portfolio
6.5.5 Polaris Industries Recent Developments/Updates
6.6 CitEcar Electric Vehicles
6.6.1 CitEcar Electric Vehicles Corporation Information
6.6.2 CitEcar Electric Vehicles Description and Business Overview
6.6.3 CitEcar Electric Vehicles Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.6.4 CitEcar Electric Vehicles Low Speed Electrical Vehicle Product Portfolio
6.6.5 CitEcar Electric Vehicles Recent Developments/Updates
6.7 Suzhou Eagle Electric Vehicle Manufacturing
6.6.1 Suzhou Eagle Electric Vehicle Manufacturing Corporation Information
6.6.2 Suzhou Eagle Electric Vehicle Manufacturing Description and Business Overview
6.6.3 Suzhou Eagle Electric Vehicle Manufacturing Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Suzhou Eagle Electric Vehicle Manufacturing Low Speed Electrical Vehicle Product Portfolio
6.7.5 Suzhou Eagle Electric Vehicle Manufacturing Recent Developments/Updates
6.8 Moto Electric Vehicles
6.8.1 Moto Electric Vehicles Corporation Information
6.8.2 Moto Electric Vehicles Description and Business Overview
6.8.3 Moto Electric Vehicles Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Moto Electric Vehicles Low Speed Electrical Vehicle Product Portfolio
6.8.5 Moto Electric Vehicles Recent Developments/Updates
6.9 Club Car
6.9.1 Club Car Corporation Information
6.9.2 Club Car Description and Business Overview
6.9.3 Club Car Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.9.4 Club Car Low Speed Electrical Vehicle Product Portfolio
6.9.5 Club Car Recent Developments/Updates
6.10 Ligier Professional
6.10.1 Ligier Professional Corporation Information
6.10.2 Ligier Professional Description and Business Overview
6.10.3 Ligier Professional Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.10.4 Ligier Professional Low Speed Electrical Vehicle Product Portfolio
6.10.5 Ligier Professional Recent Developments/Updates
6.11 E-Z-GO
6.11.1 E-Z-GO Corporation Information
6.11.2 E-Z-GO Low Speed Electrical Vehicle Description and Business Overview
6.11.3 E-Z-GO Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.11.4 E-Z-GO Low Speed Electrical Vehicle Product Portfolio
6.11.5 E-Z-GO Recent Developments/Updates
6.12 Alke
6.12.1 Alke Corporation Information
6.12.2 Alke Low Speed Electrical Vehicle Description and Business Overview
6.12.3 Alke Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.12.4 Alke Low Speed Electrical Vehicle Product Portfolio
6.12.5 Alke Recent Developments/Updates
6.13 Marshell
6.13.1 Marshell Corporation Information
6.13.2 Marshell Low Speed Electrical Vehicle Description and Business Overview
6.13.3 Marshell Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.13.4 Marshell Low Speed Electrical Vehicle Product Portfolio
6.13.5 Marshell Recent Developments/Updates
6.14 Taylor-Dunn
6.14.1 Taylor-Dunn Corporation Information
6.14.2 Taylor-Dunn Low Speed Electrical Vehicle Description and Business Overview
6.14.3 Taylor-Dunn Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.14.4 Taylor-Dunn Low Speed Electrical Vehicle Product Portfolio
6.14.5 Taylor-Dunn Recent Developments/Updates
6.15 John Deere
6.15.1 John Deere Corporation Information
6.15.2 John Deere Low Speed Electrical Vehicle Description and Business Overview
6.15.3 John Deere Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.15.4 John Deere Low Speed Electrical Vehicle Product Portfolio
6.15.5 John Deere Recent Developments/Updates
6.16 STAR EV
6.16.1 STAR EV Corporation Information
6.16.2 STAR EV Low Speed Electrical Vehicle Description and Business Overview
6.16.3 STAR EV Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.16.4 STAR EV Low Speed Electrical Vehicle Product Portfolio
6.16.5 STAR EV Recent Developments/Updates
6.17 Guangdong Lvtong
6.17.1 Guangdong Lvtong Corporation Information
6.17.2 Guangdong Lvtong Low Speed Electrical Vehicle Description and Business Overview
6.17.3 Guangdong Lvtong Low Speed Electrical Vehicle Sales, Revenue and Gross Margin (2018-2023)
6.17.4 Guangdong Lvtong Low Speed Electrical Vehicle Product Portfolio
6.17.5 Guangdong Lvtong Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Low Speed Electrical Vehicle Industry Chain Analysis
7.2 Low Speed Electrical Vehicle Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Low Speed Electrical Vehicle Production Mode & Process
7.4 Low Speed Electrical Vehicle Sales and Marketing
7.4.1 Low Speed Electrical Vehicle Sales Channels
7.4.2 Low Speed Electrical Vehicle Distributors
7.5 Low Speed Electrical Vehicle Customers
8 Low Speed Electrical Vehicle Market Dynamics
8.1 Low Speed Electrical Vehicle Industry Trends
8.2 Low Speed Electrical Vehicle Market Drivers
8.3 Low Speed Electrical Vehicle Market Challenges
8.4 Low Speed Electrical Vehicle Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Yamaha Motors
HDK Electric Vehicles
Textron
Speedway Electric
Polaris Industries
CitEcar Electric Vehicles
Suzhou Eagle Electric Vehicle Manufacturing
Moto Electric Vehicles
Club Car
Ligier Professional
E-Z-GO
Alke
Marshell
Taylor-Dunn
John Deere
STAR EV
Guangdong Lvtong
听
听
*If Applicable.