Global low speed electric vehicle market will reach $22.35 billion by 2030, growing by 12.3% annually over 2020-2030 owing to stringent environmental regulations, improvement in electric vehicle R&D, advanced battery technology, and government subsidies.
Highlighted with 84 tables and 89 figures, this 181-page report “Global Low Speed Electric Vehicle (LSEV) Market 2020-2030 by Product (Two-wheelers, Three-wheelers, Four-wheelers), Voltage, Battery, Vehicle Type, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global low speed electric vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global low speed electric vehicle market in every aspect of the classification from perspectives of Product, Voltage, Battery, Vehicle Type, End User, and Region.
Based on Product, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Two-wheelers
o E-Bikes
o E-Scooters
o Motorcycles
o Kick Scooters
o Other Two-wheelers
• Three-wheelers
• Four-wheelers
Based on Voltage, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• 24V
• 36V
• 48V
• 60V
• 72V
Based on Battery, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Lithium-Ion Battery LSEV
• Lead-Acid Battery LSEV
• Other Battery LSEV
Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Passenger LSEV
• Heavy-duty LSEV
• Utility LSEV
• Off-road LSEV
Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2020-2030 included in each section.
• Golf Courses
• Tourist Destinations
• Hotels & Resorts
• Transport Terminals
• Residential & Commercial Premises
• Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Turkey, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2020-2030. The breakdown of all regional markets by country and split of key national markets by Voltage, Battery, and Vehicle Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global low speed electric vehicle market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
AGT Electric Cars
Bintelli Electric Vehicles
Bradshaw Electric Vehicles
Byvin
Groupe Renault
HDK Electric Vehicles
Ingersoll Rand, Inc.
Ligier Group
Polaris Industries
Renault SA
Shandong Shifeng (Group)
Speedway Electric
Textron Inc.
Yamaha Motors Co. Ltd.
Yujie Group
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of Global Market by Product 43
3.1 Market Overview by Product 43
3.2 Two-wheelers 45
3.2.1 E-Bikes 47
3.2.2 E-Scooters 48
3.2.3 Motorcycles 49
3.2.4 Kick Scooters 50
3.2.5 Other Two-wheelers 51
3.3 Three-wheelers 52
3.4 Four-wheelers 53
4 Segmentation of Global Market by Voltage 54
4.1 Market Overview by Voltage 54
4.2 24V 56
4.3 36V 57
4.4 48V 58
4.5 60V 59
4.6 72V 60
5 Segmentation of Global Market by Battery 61
5.1 Market Overview by Battery 61
5.2 Lithium-Ion Battery LSEV 63
5.3 Lead-Acid Battery LSEV 64
5.4 Other Battery LSEV 65
6 Segmentation of Global Market by Vehicle Type 66
6.1 Market Overview by Vehicle Type 66
6.2 Passenger LSEV 68
6.3 Heavy-duty LSEV 69
6.4 Utility LSEV 70
6.5 Off-road LSEV 71
7 Segmentation of Global Market by End User 72
7.1 Market Overview by End User 72
7.2 Golf Courses 74
7.3 Tourist Destinations 75
7.4 Hotels & Resorts 76
7.5 Transport Terminals 77
7.6 Residential & Commercial Premises 78
7.7 Other End Users 79
8 Segmentation of Global Market by Region 80
8.1 Geographic Market Overview 2020-2030 80
8.2 North America Market 2020-2030 by Country 84
8.2.1 Overview of North America Market 84
8.2.2 U.S. 88
8.2.3 Canada 92
8.2.4 Mexico 94
8.3 European Market 2020-2030 by Country 96
8.3.1 Overview of European Market 96
8.3.2 Germany 100
8.3.3 U.K. 102
8.3.4 France 104
8.3.5 Spain 106
8.3.6 Italy 108
8.3.7 Russia 110
8.3.8 Rest of European Market 112
8.4 Asia-Pacific Market 2020-2030 by Country 114
8.4.1 Overview of Asia-Pacific Market 114
8.4.2 Japan 118
8.4.3 China 121
8.4.4 Australia 124
8.4.5 India 126
8.4.6 South Korea 129
8.4.7 Rest of APAC Region 132
8.5 South America Market 2020-2030 by Country 134
8.5.1 Argentina 137
8.5.2 Brazil 139
8.5.3 Chile 141
8.5.4 Rest of South America Market 143
8.6 MEA Market 2020-2030 by Country 144
8.6.1 UAE 147
8.6.2 Saudi Arabia 149
8.6.3 South Africa 151
8.6.4 Other National Markets 154
9 Competitive Landscape 155
9.1 Overview of Key Vendors 155
9.2 New Product Launch, Partnership, Investment, and M&A 158
9.3 Company Profiles 159
AGT Electric Cars 159
Bintelli Electric Vehicles 161
Bradshaw Electric Vehicles 162
Byvin 163
Groupe Renault 164
HDK Electric Vehicles 165
Ingersoll Rand, Inc. 166
Ligier Group 167
Polaris Industries 168
Renault SA 169
Shandong Shifeng (Group) 170
Speedway Electric 171
Textron Inc. 172
Yamaha Motors Co. Ltd. 173
Yujie Group 174
10 Investing in Global Market: Risk Assessment and Management 175
10.1 Risk Evaluation of Global Market 175
10.2 Critical Success Factors (CSFs) 178
Related Reports and Products 181
Table 1. Snapshot of Global Low Speed Electric Vehicle Market in Balanced Perspective, 2020-2030 20
Table 2. Growth Rate of World Real GDP, 2017-2021 25
Table 3. Main Product Trends and Market Opportunities in Global Low Speed Electric Vehicle Market 35
Table 4. Global Low Speed Electric Vehicle Market by Product, 2020-2030, $ mn 43
Table 5. Global Low Speed Electric Vehicle Market: Two-wheelers by Type, 2020-2030, $ mn 46
Table 6. Global Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 54
Table 7. Global Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 61
Table 8. Global Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 66
Table 9. Global Low Speed Electric Vehicle Market by End User, 2020-2030, $ mn 72
Table 10. Global Low Speed Electric Vehicle Market by Region, 2020-2030, $ mn 81
Table 11. Leading National Low Speed Electric Vehicle Market, 2020 and 2030, $ mn 83
Table 12. North America Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 86
Table 13. U.S. Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 90
Table 14. U.S. Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 90
Table 15. U.S. Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 90
Table 16. Canada Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 93
Table 17. Canada Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 93
Table 18. Canada Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 93
Table 19. Mexico Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 95
Table 20. Mexico Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 95
Table 21. Mexico Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 95
Table 22. Europe Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 99
Table 23. Germany Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 101
Table 24. Germany Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 101
Table 25. Germany Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 101
Table 26. U.K. Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 103
Table 27. U.K. Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 103
Table 28. U.K. Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 103
Table 29. France Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 105
Table 30. France Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 105
Table 31. France Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 105
Table 32. Spain Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 107
Table 33. Spain Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 107
Table 34. Spain Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 107
Table 35. Italy Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 109
Table 36. Italy Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 109
Table 37. Italy Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 109
Table 38. Russia Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 111
Table 39. Russia Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 111
Table 40. Russia Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 111
Table 41. Low Speed Electric Vehicle Market in Rest of Europe by Country, 2020-2030, $ mn 113
Table 42. APAC Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 116
Table 43. Japan Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 120
Table 44. Japan Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 120
Table 45. Japan Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 120
Table 46. China Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 123
Table 47. China Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 123
Table 48. China Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 123
Table 49. Australia Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 125
Table 50. Australia Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 125
Table 51. Australia Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 125
Table 52. India Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 128
Table 53. India Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 128
Table 54. India Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 128
Table 55. South Korea Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 131
Table 56. South Korea Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 131
Table 57. South Korea Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 131
Table 58. Low Speed Electric Vehicle Market in Rest of APAC by Country/Region, 2020-2030, $ mn 133
Table 59. South America Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 136
Table 60. Argentina Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 138
Table 61. Argentina Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 138
Table 62. Argentina Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 138
Table 63. Brazil Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 140
Table 64. Brazil Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 140
Table 65. Brazil Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 140
Table 66. Chile Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 142
Table 67. Chile Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 142
Table 68. Chile Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 142
Table 69. MEA Low Speed Electric Vehicle Market by Country, 2020-2030, $ mn 146
Table 70. UAE Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 148
Table 71. UAE Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 148
Table 72. UAE Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 148
Table 73. Saudi Arabia Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 150
Table 74. Saudi Arabia Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 150
Table 75. Saudi Arabia Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 150
Table 76. South Africa Low Speed Electric Vehicle Market by Voltage, 2020-2030, $ mn 152
Table 77. South Africa Low Speed Electric Vehicle Market by Battery, 2020-2030, $ mn 152
Table 78. South Africa Low Speed Electric Vehicle Market by Vehicle Type, 2020-2030, $ mn 152
Table 79. AGT Electric Cars: Company Snapshot 159
Table 80. AGT Electric Cars: Business Segmentation 159
Table 81. AGT Electric Cars: Product Portfolio 160
Table 82. AGT Electric Cars: Revenue, 2017-2019, $ mn 160
Table 83. Risk Evaluation for Investing in Global Market, 2020-2030 176
Table 84. Critical Success Factors and Key Takeaways 179
