Press release
Global L7e Quadricycles Market Research Report 2023
L7e Quadricycles, also referred to as Heavy Quadricycles, are defined by Framework Directive 2002/24/EC as motor vehicles with four wheels "other than those referred to (as light quadricycles), whose unladen mass is not more than 450 kg (category L7e) (600 kg for vehicles intended for carrying goods), not including the mass of batteries in the case of electric vehicles, with a design payload not more than 200 kg (passenger) or 1000 kg (goods), and whose maximum net engine power does not exceed 15 kW.The global L7e Quadricycles market was valued at US$ 640.5 million in 2022 and is anticipated to reach US$ 894.2 million by 2029, witnessing a CAGR of 4.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of L7e Quadricycles include Aixam (Polaris), Renault, Ligier Group, Tazzari Zero, Automobiles Chatenet, Club Car, etc. Global top six manufacturers hold a share about 35%. Europe is the largest market of L7e Quadricycles, holds a share over 55%. In terms of product, the L7Be type holds a share of over 75%. And in terms of application, the largest application field is Household, with a share of over 80%.
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Key Segmentations
By Company
Aixam (Polaris)
Renault
Ligier Group
Tazzari Zero
Chatenet
Club Car
Segment by Type
L7Ae
L7Be
L7Ce
Segment by Application
Household
Commercial
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
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