Electric Off-Road Vehicle Market Analysis, Scope, and Growth by 2031
Electric Off-Road Vehicle Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 759.1 Billion |
Market Size by 2031 | US$ 1,852.9 Billion |
Global CAGR (2023 - 2031) | 11.8% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Vehicle Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Electric Off-Road Vehicle Market News and Recent Developments
The electric off-road 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 electric off-road vehicle market are listed below:
- Polaris, Inc. launched a new electric utility vehicle named Pro XD Kinetic vehicle for applications in construction, equipment rental and industrial. (Source: Polaris, Inc., Press Release, February 2024)
- Club Car launched a street-legal electric utility vehicle named the Club Car Urban LSV and XR, which are available through the commercial distributor network in North America. (Source: Club Car, Press Release, March 2023)
Electric Off-Road Vehicle Market Report Coverage and Deliverables
The “Electric Off-Road Vehicle Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Electric off-road vehicle market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Electric off-road vehicle market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Electric off-road 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 electric off-road vehicle market
- Detailed company profiles