Press release
Micro EVs Market 2018-2023 Advance Technology, Latest Innovation, Leading Players: Yogomo, Shifeng, Textron, Dojo, Byvin, Polaris, Lichi
Micro EVs Market Size
A micro electric vehicle (EV) is a four-wheeled electric powered micro 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 usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.
Global Micro EVs Market Research Report 2018 peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report also analyze innovative business strategies, value added factors and business opportunities. The Micro EVs report introduces market competition situation among the vendors and company profile, revenue, product & services, latest developments and business strategies.
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Global Sales of Micro EVs surged in the past two years with the good sales of scooters in China market. Global Micro EVs are expected to sell 2.51 million units in 2025 and more than 80% will appear in China market, which exhibits a promising trend of the industry. For the products types, lithium ion batteries based Micro EVs are more favored in USA, Europe and Japan, while lead-acid batteries based products take a large market share in China.
Attracted by the market profits, more and more companies have entered into Micro EVs industry, the competition between manufacturers at home and abroad is fierce for the time being. For the major players of Micro EVs industry in global market, Textron, Yamaha and Polaris are the leaders. In the other side, China suppliers such as Yogomo, Dojo and Shifeng have obvious large sales market share.
For the fierce competition between suppliers, price and gross margin is expected to decrease further. Global average price of Micro EVs is predicted to decline 4.06 thousand USD/Unit in the end of 2025, for the manufacturers, gross margin is about 15%~23%.
Top Key Manufacturers Covered:
• Yogomo
• Shifeng
• Textron
• Dojo
• Byvin
• Polaris
• Lichi
• Baoya and More....
Segmentation by product type:
• Lead-acid Battery EVs
• Lithium-ion Battery EVs
Segmentation by application:
• Personal Use
• Commercial Use (Sightseeing, Golf etc.)
• Public Utilities
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Research objectives
• To understand the structure of Micro EVs market by identifying its various subsegments.
• Focuses on the key global Micro EVs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Micro EVs with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Micro EVs submarkets, with respect to key regions (along with their respective key countries). and More…
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Micro EVs Consumption 2013-2023
2.1.2 Micro EVs Consumption CAGR by Region
2.2 Micro EVs Segment by Type
2.2.1 Lead-acid Battery EVs
2.2.2 Lithium-ion Battery EVs
2.3 Micro EVs Consumption by Type
2.3.1 Global Micro EVs Consumption Market Share by Type (2013-2018)
2.3.2 Global Micro EVs Revenue and Market Share by Type (2013-2018)
3 Global Micro EVs by Players
3.1 Global Micro EVs Sales Market Share by Players
3.1.1 Global Micro EVs Sales by Players (2016-2018)
3.1.2 Global Micro EVs Sales Market Share by Players (2016-2018)
3.2 Global Micro EVs Revenue Market Share by Players
3.2.1 Global Micro EVs Revenue by Players (2016-2018)
3.2.2 Global Micro EVs Revenue Market Share by Players (2016-2018)
4 Micro EVs by Regions
4.1 Micro EVs by Regions
4.1.1 Global Micro EVs Consumption by Regions
4.1.2 Global Micro EVs Value by Regions
4.2 Americas Micro EVs Consumption Growth
TOC Continued….!
Tables And Figures
• Figure Picture of Micro EVs
• Table Product Specifications of Micro EVs
• Figure Micro EVs Report Years Considered
• Figure Market Research Methodology
• Figure Global Micro EVs Consumption Growth Rate 2013-2023 (K Units)
• Figure Global Micro EVs Value Growth Rate 2013-2023 ($ Millions)
• Table Micro EVs Consumption CAGR by Region 2013-2023 ($ Millions) and More….
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