Press release
Low-speed Electric Vehicles Market Growth Analysis By Top Key Players: Evergreen Electric Vehicles, Hitachi Chemicals, Yamaha Motors Co. Ltd., HDK Electric Vehicles, Textron Inc., Ingersoll Rand, Inc., Speedway Electric, Polaris Industries, Renault, CitEc
A low-speed electric vehicle is an advanced version of four-wheel vehicles with maximum speed of 25 mph (40 km/h), and a minimum capable speed (typically 20 mph (32 km/h)), which allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEVs).Rise in oil prices, increase in air pollution in developed regions, and surge in pressure from government entities on the gasoline-powered vehicles to minimize their emissions drive the low-speed electric vehicles market. In addition, introduction of stringent emission control regulations from the road authorities further fuels the market growth. However, lack of government regulations on the manufacturing of these vehicles and increase in number of low-quality offerings of low-speed vehicles restricts the growth. Irrespective of the challenges, attractive incentives are being provided by the government, presenting a major opportunity for the electric vehicles market.
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The market is segmented on the basis of transmission type, vehicle, end user, and geography. Based on transmission type, it is bifurcated into automatic and manual. On the basis of vehicle, it is classified into electric golf carts, electric personal utility vehicles, electric low-speed heavy-duty vehicles, and electric low-speed off-road vehicles. The end-user segment includes golf courses, tourist destinations, hotels & resorts and airports, residential & commercial premises, and others. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa, and rest of LAMEA).
The major players profiled in the report include Evergreen Electric Vehicles, Hitachi Chemicals, Yamaha Motors Co. Ltd., HDK Electric Vehicles, Textron Inc., Ingersoll Rand, Inc., Speedway Electric, Polaris Industries, Renault, CitEcar Electric Vehicles, and Dojo.
Key Benefits:
• This report provides an extensive analysis of the current and emerging market trends, dynamics, and estimations for the key market segments in the global low-speed electric vehicles market from 2017 to 2023.
• Exhaustive analysis of the market by component helps to understand the products that are used currently and the variants that are expected to gain prominence in the future.
• This report presents competitive intelligence of the market to understand the competitive scenario globally.
Table of Content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
Chapter: 4 LOW SPEED ELECTRIC VEHICLES MARKET, BY TRANSMISSION TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. AUTOMATIC
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. MANUAL
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
Chapter: 5 LOW SPEED ELECTRIC VEHICLES MARKET, BY VEHICLE TYPE
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. ELECTRIC GOLF CART
5.2.1. Market size and forecast
5.3. ELECTRIC PERSONAL UTILITY VEHICLE
5.3.1. Market size and forecast
5.4. ELECTRIC LOW SPEED HEAVY DUTY VEHICLE
5.4.1. Market size and forecast
5.5. ELECTRIC LOW SPEED OFF-ROAD VEHICLE
5.5.1. Market size and forecast
Chapter: 6 LOW SPEED ELECTRIC VEHICLES MARKET, BY END-USER
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. GOLF COURSES
6.2.1. Market size and forecast
6.3. TOURIST DESTINATIONS
6.3.1. Market size and forecast
6.4. HOTELS & RESORTS, AIRPORTS
6.4.1. Market size and forecast
6.5. RESIDENTIAL & COMMERCIAL PREMISES
6.5.1. Market size and forecast
6.6. OTHERS
6.6.1. Market size and forecast
Chapter: 7 LOW SPEED ELECTRIC VEHICLES MARKET, BY GEOGRAPHY
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.2.3.1. U.S. market size and forecast
7.2.3.2. Canada market size and forecast
7.2.3.3. Mexico market size and forecast
7.2.4. North America Low Speed Electric Vehicles Market by Transmission Type
7.2.5. North America Low Speed Electric Vehicles Market by Vehicle Type
7.2.6. North America Low Speed Electric Vehicles Market by End-user
7.3. EUROPE
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.3.1. Germany market size and forecast
7.3.3.2. France market size and forecast
7.3.3.3. UK market size and forecast
7.3.3.4. Italy market size and forecast
7.3.3.5. Spain market size and forecast
7.3.3.6. Rest of Europe market size and forecast
7.3.4. Europe Low Speed Electric Vehicles Market by Transmission Type
7.3.5. Europe Low Speed Electric Vehicles Market by Vehicle Type
7.3.6. Europe Low Speed Electric Vehicles Market by End User
7.4. ASIA-PACIFIC
7.4.1. Key market trends
7.4.3. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.3.1. Japan market size and forecast
7.4.3.3. China market size and forecast
7.4.3.3. Australia market size and forecast
7.4.3.4. India market size and forecast
7.4.3.5. South Korea market size and forecast
7.4.3.6. Taiwan market size and forecast
7.4.3.7. Rest of Asia-Pacific market size and forecast
7.4.4. Asia-Pacific Low Speed Electric Vehicles Market by Transmission Type
7.4.5. Asia-Pacific Low Speed Electric Vehicles by Vehicle Type
7.4.6. Asia-Pacific Low Speed Electric Vehicles Market by End User
7.5. LAMEA
7.5.1. Key market trends
7.5.3. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.3.1. Brazil market size and forecast
7.5.3.3. Turkey market size and forecast
7.5.3.3. Saudi Arabia market size and forecast
7.5.3.4. South Africa market size and forecast
7.5.3.5. Rest of LAMEA market size and forecast
7.5.4. LAMEA Low Speed Electric Vehicles Market by Transmission Type
7.5.5. LAMEA Low Speed Electric Vehicles Market by Vehicle Type
7.5.6. LAMEA Low Speed Electric Vehicles Market by End User
Chapter: 8 COMPANY PROFILES
8.1. EVERGREEN ELECTRIC VEHICLES
8.1.1. Operating business segments
8.1.3. Business performance
8.1.3. Key strategic moves and developments
8.3. HITACHI CHEMICALS, YAMAHA MOTORS CO. LTD.
8.3.1. Operating business segments
8.3.3. Business performance
8.3.3. Key strategic moves and developments
8.3. HDK ELECTRIC VEHICLES
8.3.1. Operating business segments
8.3.3. Business performance
8.3.3. Key strategic moves and developments
8.4. TEXTRON INC.
8.4.1. Operating business segments
8.4.3. Business performance
8.4.3. Key strategic moves and developments
8.5. INGERSOLL RAND, INC.
8.5.1. Operating business segments
8.5.3. Business performance
8.5.3. Key strategic moves and developments
8.6. SPEEDWAY ELECTRIC
8.6.1. Operating business segments
8.6.3. Business performance
8.6.3. Key strategic moves and developments
8.7. POLARIS INDUSTRIES
8.7.1. Operating business segments
8.7.3. Business performance
8.7.3. Key strategic moves and developments
8.8. RENAULT
8.8.1. Operating business segments
8.8.3. Business performance
8.8.3. Key strategic moves and developments
8.9. DOJO
8.9.1. Operating business segments
8.9.3. Business performance
8.9.3. Key strategic moves and developments
8.10. CITECAR ELECTRIC VEHICLES
8.10.1. Operating business segments
8.10.3. Business performance
8.10.3. Key strategic moves and developments
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