Low Speed Electric Vehicle Market Scope And Analysis

  • Report Code : TIPRE00014509
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 383
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Low-speed Electric Vehicle Market Scope, Analysis, and Trends by 2030

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Low Speed Electric Vehicle Market Report Low Speed Electric Vehicle Market Size and Share Low Speed Electric Vehicle Market Scope and Analysis

Low Speed Electric Vehicle Market Report Scope

Report Attribute Details
Market size in 2022 US$ 5,526.65 Million
Market Size by 2030 US$ 8,489.94 Million
Global CAGR (2022 - 2030) 5.5%
Historical Data 2020-2021
Forecast period 2022-2030
Segments Covered By Product
  • Passenger Vehicle and Utility Vehicle
By End User
  • Golf Courses
  • Hotels & Resorts
  • Airports
  • Residential & Commercial
  • Premises
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Textron Inc
  • Yamaha Motor Co Ltd
  • Club Car
  • The Toro Co
  • Renault SA
  • Star EV
  • Waev Inc
  • Bradshaw Electric Vehicles
  • Clean Motion AB
  • BYD Company Ltd

    • 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