Low Speed Electric Vehicle Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Passenger Vehicle, Utility Vehicle); End-user (LSEVs, N1 Class Goods Carrier, Non-Recreational UTV, Others) and Geography

Report Code: TIPRE00014509 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming

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MARKET OVERVIEW

Low speed electric vehicle runs on an electric motor that requires a continuous supply of energy from batteries to operate. Lithium ion, molten salt, zinc-air, and various nickel-based designs are among the batteries used in these automobiles. The electric vehicle was created to replace traditional modes of transportation that pollute the atmosphere. Due to various technical advances, low-speed electric vehicles have grown in popularity. Electric vehicles outperform traditional vehicles in terms of fuel efficiency, carbon emissions, and maintenance.

MARKET SCOPE

The "Global Low Speed Electric Vehicle Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the low speed electric vehicle with detailed market segmentation by product, end-user and geography. The report provides key statistics on the market status of the leading low speed electric vehicle players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on product, the global low speed electric vehicle is segmented into passenger vehicle, and utility vehicle.
  •   On the basis of end-user, the market is segmented LSEVS, N1 class goods carrier, non-recreational UTV, and others.

MARKET DYNAMICS
Drivers

  •   stringent government rules and regulations toward vehicle emission
  •   rise in pollution, technological advancements, surge in automobile industry, and decrease in fossil fuel reserves
  •   Increase in fuel cost

Restraints

  •   High cost of low speed electric vehicle
  •   Lack of proper charging infrastructure

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The low speed electric vehicle by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the low speed electric vehicle in these regions.

IMPACT OF COVID-19 ON LOW SPEED ELECTRIC VEHICLE
The COVID-19 pandemic severely crippled the auto industry, and the disruption had its impact on demand for low speed electric vehicle. The COVID-19 pandemic has not only decreased consumer purchasing power, but has also contributed to a significant drop in oil prices and, consequently, lower gasoline prices. For traditional vehicles with internal combustion engines (ICEs), the drop in gasoline prices will decrease the total cost of ownership. Although EVs will still have lower total costs of ownership than traditional ICE vehicles do in most segments, the advantage will not be as great, and that shift could influence sales.



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MARKET PLAYERS


The report covers key developments in the low speed electric vehicle as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from low speed electric vehicle are anticipated to lucrative growth opportunities in the future with the rising demand for low speed electric vehicle in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the low speed electric vehicle. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    AGT Electric cars
  •   Bintelli Electric Vehicle
  •   Bradshaw Electric Vehicles
  •   Garia A/S
  •   HDK ELECTRIC VEHICLE
  •   Ingersoll Rand, Inc.
  •   Polaris Inc.
  •   Textron Specialized Vehicles Inc.
  •   The Toro Company
  •   Yamaha Motor Co., Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Low Speed Electric Vehicle Market - By Product
1.3.2 Low Speed Electric Vehicle Market - By End-user
1.3.3 Low Speed Electric Vehicle Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. LOW SPEED ELECTRIC VEHICLE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. LOW SPEED ELECTRIC VEHICLE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. LOW SPEED ELECTRIC VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1. LOW SPEED ELECTRIC VEHICLE - GLOBAL MARKET OVERVIEW
6.2. LOW SPEED ELECTRIC VEHICLE - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. LOW SPEED ELECTRIC VEHICLE MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PASSENGER VEHICLE
7.3.1. Overview
7.3.2. Passenger Vehicle Market Forecast and Analysis
7.4. UTILITY VEHICLE
7.4.1. Overview
7.4.2. Utility Vehicle Market Forecast and Analysis
8. LOW SPEED ELECTRIC VEHICLE MARKET - REVENUE AND FORECASTS TO 2027 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. LSEVS
8.3.1. Overview
8.3.2. LSEVs Market Forecast and Analysis
8.4. N1 CLASS GOODS CARRIER
8.4.1. Overview
8.4.2. N1 Class Goods Carrier Market Forecast and Analysis
8.5. NON-RECREATIONAL UTV
8.5.1. Overview
8.5.2. Non-Recreational UTV Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. LOW SPEED ELECTRIC VEHICLE MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Low Speed Electric Vehicle Market Overview
9.1.2 North America Low Speed Electric Vehicle Market Forecasts and Analysis
9.1.3 North America Low Speed Electric Vehicle Market Forecasts and Analysis - By Product
9.1.4 North America Low Speed Electric Vehicle Market Forecasts and Analysis - By End-user
9.1.5 North America Low Speed Electric Vehicle Market Forecasts and Analysis - By Countries
9.1.5.1 United States Low Speed Electric Vehicle Market
9.1.5.1.1 United States Low Speed Electric Vehicle Market by Product
9.1.5.1.2 United States Low Speed Electric Vehicle Market by End-user
9.1.5.2 Canada Low Speed Electric Vehicle Market
9.1.5.2.1 Canada Low Speed Electric Vehicle Market by Product
9.1.5.2.2 Canada Low Speed Electric Vehicle Market by End-user
9.1.5.3 Mexico Low Speed Electric Vehicle Market
9.1.5.3.1 Mexico Low Speed Electric Vehicle Market by Product
9.1.5.3.2 Mexico Low Speed Electric Vehicle Market by End-user
9.2. EUROPE
9.2.1 Europe Low Speed Electric Vehicle Market Overview
9.2.2 Europe Low Speed Electric Vehicle Market Forecasts and Analysis
9.2.3 Europe Low Speed Electric Vehicle Market Forecasts and Analysis - By Product
9.2.4 Europe Low Speed Electric Vehicle Market Forecasts and Analysis - By End-user
9.2.5 Europe Low Speed Electric Vehicle Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Low Speed Electric Vehicle Market
9.2.5.1.1 Germany Low Speed Electric Vehicle Market by Product
9.2.5.1.2 Germany Low Speed Electric Vehicle Market by End-user
9.2.5.2 France Low Speed Electric Vehicle Market
9.2.5.2.1 France Low Speed Electric Vehicle Market by Product
9.2.5.2.2 France Low Speed Electric Vehicle Market by End-user
9.2.5.3 Italy Low Speed Electric Vehicle Market
9.2.5.3.1 Italy Low Speed Electric Vehicle Market by Product
9.2.5.3.2 Italy Low Speed Electric Vehicle Market by End-user
9.2.5.4 United Kingdom Low Speed Electric Vehicle Market
9.2.5.4.1 United Kingdom Low Speed Electric Vehicle Market by Product
9.2.5.4.2 United Kingdom Low Speed Electric Vehicle Market by End-user
9.2.5.5 Russia Low Speed Electric Vehicle Market
9.2.5.5.1 Russia Low Speed Electric Vehicle Market by Product
9.2.5.5.2 Russia Low Speed Electric Vehicle Market by End-user
9.2.5.6 Austria Low Speed Electric Vehicle Market
9.2.5.6.1 Austria Low Speed Electric Vehicle Market by Product
9.2.5.6.2 Austria Low Speed Electric Vehicle Market by End-user
9.2.5.7 Switzerland Low Speed Electric Vehicle Market
9.2.5.7.1 Switzerland Low Speed Electric Vehicle Market by Product
9.2.5.7.2 Switzerland Low Speed Electric Vehicle Market by End-user
9.2.5.8 Sweden Low Speed Electric Vehicle Market
9.2.5.8.1 Sweden Low Speed Electric Vehicle Market by Product
9.2.5.8.2 Sweden Low Speed Electric Vehicle Market by End-user
9.2.5.9 Norway Low Speed Electric Vehicle Market
9.2.5.9.1 Norway Low Speed Electric Vehicle Market by Product
9.2.5.9.2 Norway Low Speed Electric Vehicle Market by End-user
9.2.5.10 Denmark Low Speed Electric Vehicle Market
9.2.5.10.1 Denmark Low Speed Electric Vehicle Market by Product
9.2.5.10.2 Denmark Low Speed Electric Vehicle Market by End-user
9.2.5.11 Rest of Europe Low Speed Electric Vehicle Market
9.2.5.11.1 Rest of Europe Low Speed Electric Vehicle Market by Product
9.2.5.11.2 Rest of Europe Low Speed Electric Vehicle Market by End-user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Low Speed Electric Vehicle Market Overview
9.3.2 Asia-Pacific Low Speed Electric Vehicle Market Forecasts and Analysis
9.3.3 Asia-Pacific Low Speed Electric Vehicle Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Low Speed Electric Vehicle Market Forecasts and Analysis - By End-user
9.3.5 Asia-Pacific Low Speed Electric Vehicle Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Low Speed Electric Vehicle Market
9.3.5.1.1 Australia Low Speed Electric Vehicle Market by Product
9.3.5.1.2 Australia Low Speed Electric Vehicle Market by End-user
9.3.5.2 Indonesia Low Speed Electric Vehicle Market
9.3.5.2.1 Indonesia Low Speed Electric Vehicle Market by Product
9.3.5.2.2 Indonesia Low Speed Electric Vehicle Market by End-user
9.3.5.3 Singapore Low Speed Electric Vehicle Market
9.3.5.3.1 Singapore Low Speed Electric Vehicle Market by Product
9.3.5.3.2 Singapore Low Speed Electric Vehicle Market by End-user
9.3.5.4 Malaysia Low Speed Electric Vehicle Market
9.3.5.4.1 Malaysia Low Speed Electric Vehicle Market by Product
9.3.5.4.2 Malaysia Low Speed Electric Vehicle Market by End-user
9.3.5.5 Taiwan Low Speed Electric Vehicle Market
9.3.5.5.1 Taiwan Low Speed Electric Vehicle Market by Product
9.3.5.5.2 Taiwan Low Speed Electric Vehicle Market by End-user
9.3.5.6 Rest of Asia-Pacific Low Speed Electric Vehicle Market
9.3.5.6.1 Rest of Asia-Pacific Low Speed Electric Vehicle Market by Product
9.3.5.6.2 Rest of Asia-Pacific Low Speed Electric Vehicle Market by End-user
9.3.5.7 Thailand Low Speed Electric Vehicle Market
9.3.5.7.1 Thailand Low Speed Electric Vehicle Market by Product
9.3.5.7.2 Thailand Low Speed Electric Vehicle Market by End-user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Low Speed Electric Vehicle Market Overview
9.4.2 Middle East and Africa Low Speed Electric Vehicle Market Forecasts and Analysis
9.4.3 Middle East and Africa Low Speed Electric Vehicle Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Low Speed Electric Vehicle Market Forecasts and Analysis - By End-user
9.4.5 Middle East and Africa Low Speed Electric Vehicle Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Low Speed Electric Vehicle Market
9.4.5.1.1 South Africa Low Speed Electric Vehicle Market by Product
9.4.5.1.2 South Africa Low Speed Electric Vehicle Market by End-user
9.4.5.2 Saudi Arabia Low Speed Electric Vehicle Market
9.4.5.2.1 Saudi Arabia Low Speed Electric Vehicle Market by Product
9.4.5.2.2 Saudi Arabia Low Speed Electric Vehicle Market by End-user
9.4.5.3 U.A.E Low Speed Electric Vehicle Market
9.4.5.3.1 U.A.E Low Speed Electric Vehicle Market by Product
9.4.5.3.2 U.A.E Low Speed Electric Vehicle Market by End-user
9.4.5.4 Rest of Middle East and Africa Low Speed Electric Vehicle Market
9.4.5.4.1 Rest of Middle East and Africa Low Speed Electric Vehicle Market by Product
9.4.5.4.2 Rest of Middle East and Africa Low Speed Electric Vehicle Market by End-user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Low Speed Electric Vehicle Market Overview
9.5.2 South and Central America Low Speed Electric Vehicle Market Forecasts and Analysis
9.5.3 South and Central America Low Speed Electric Vehicle Market Forecasts and Analysis - By Product
9.5.4 South and Central America Low Speed Electric Vehicle Market Forecasts and Analysis - By End-user
9.5.5 South and Central America Low Speed Electric Vehicle Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Low Speed Electric Vehicle Market
9.5.5.1.1 Brazil Low Speed Electric Vehicle Market by Product
9.5.5.1.2 Brazil Low Speed Electric Vehicle Market by End-user
9.5.5.2 Argentina Low Speed Electric Vehicle Market
9.5.5.2.1 Argentina Low Speed Electric Vehicle Market by Product
9.5.5.2.2 Argentina Low Speed Electric Vehicle Market by End-user
9.5.5.3 Rest of South and Central America Low Speed Electric Vehicle Market
9.5.5.3.1 Rest of South and Central America Low Speed Electric Vehicle Market by Product
9.5.5.3.2 Rest of South and Central America Low Speed Electric Vehicle Market by End-user
9.5.5.4 Columbia Low Speed Electric Vehicle Market
9.5.5.4.1 Columbia Low Speed Electric Vehicle Market by Product
9.5.5.4.2 Columbia Low Speed Electric Vehicle Market by End-user

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. LOW SPEED ELECTRIC VEHICLE MARKET, KEY COMPANY PROFILES
11.1. AGT ELECTRIC CARS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BINTELLI ELECTRIC VEHICLE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BRADSHAW ELECTRIC VEHICLES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GARIA A/S
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HDK ELECTRIC VEHICLE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INGERSOLL RAND, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. POLARIS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TEXTRON SPECIALIZED VEHICLES INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THE TORO COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YAMAHA MOTOR CO., LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. AGT Electric Cars
2. Bintelli Electric Vehicle
3. Bradshaw Electric Vehicles
4. Garia A/S
5. HDK ELECTRIC VEHICLE
6. Ingersoll Rand, Inc.
7. Polaris Inc.
8. Textron Specialized Vehicles Inc.
9. The Toro Company
10. Yamaha Motor Co., Ltd.
TIPRE00014509
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