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Market Research Report

Global Low Speed Vehicle Market Size study with COVID-19 impact, by Vehicle Type, by End-User and Regional Forecasts 2020-2026

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Global Low Speed Vehicle Market Size study with COVID-19 impact, by Vehicle Type, by End-User and Regional Forecasts 2020-2026
Published: May 18, 2020 Content info:
Description

Global Low Speed Vehicle Market is valued approximately at USD 3190.53 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 15.40% over the forecast period 2019-2026. Low velocity vehicle (LSV) is a four-wheeled motor car, other than all-terrain motor automobile, which has a most successful jogging speed of about forty kmph (25 mph). Several international locations have comparable regulation for low speed motors, but different top pace limits, that is less than 40 kmph. Low pace motors are exempt from maximum safety standards that observe to other motor transportation vehicles. Low pace cars weigh much less than 3,000 lbs. and make use of opportunity fuels, which include energy or CNG fuel, for their operation. The outbreak of COVID-19 and its ensuing outcomes such as border lockdowns, shutdowns, travel bans have started out to effect groups across diverse industries. The low pace car marketplace is anticipated to have a medium effect owing to the disruptions in the worldwide supply chains. The Low speed vehicles runs on electricity, that requires a continuous supply of energy from batteries to operate. There is a ramification of batteries utilized in these cars which include lithium ion, molten salt, zinc-air, and various nickel-based designs. the electric car was in the main designed to update traditional approaches of journey as they result in environmental pollutants. Low velocity electric vehicles have received reputation due to several technological advancements. Thus, increasing stringent emission regulations and growing electric vehicle charging infrastructure are the factors driving the growth of market over the forecast years. For instance: According to the Electric Vehicle Initiative, the Japan's automotive strategy according to co-operative approach, aims to reduce greenhouse emission by 80% from producing electric vehicle by domestic automakers till 2050. Similarly, in China, the State Grid Corporation of China plan to build 1,200,000 charging point by 2020 and automakers such as SAIC Motors targeted to build 20,000 charging point by 2020 whereas BAIC Group and NIO targeted to build 4100 battery-swapping station. However, lack of safety standards are the factor hampering the growth of market over the forecast years.

The regional analysis of global Low Speed Vehicle market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the Growing electric vehicle charging infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as increasing stringent emission regulations to raise demand for low-speed electric vehicles would create lucrative growth prospects for the Low Speed Vehicle market across Asia-Pacific region.

Major market player included in this report are:

AGT Electric Cars

Bintelli Electric Vehicles

Bradshaw Electric Vehicles

Ingersoll-Rand plc

Ligier Group

Polaris Industries, Inc

Speedways Electric

Textron Inc

Xiamen Dalle Electric Car Co., Ltd.

Yamaha Motor Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Vehicle Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

Passenger vehicle

Heavy duty vehicle

Utility vehicle

Off-road vehicle

By End-User:

Golf Courses

Tourist Destinations

Hotels & Resorts

Airports

Residential & Commercial Premises

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017, 2018

Base year - 2019

Forecast period - 2020 to 2026

Target Audience of the Global Low Speed Vehicle Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

TABLE OF CONTENTS

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
    • 1.2.1. Low Speed Vehicle Market, by Region, 2018-2026 (USD Million)
    • 1.2.2. Low Speed Vehicle Market, by Vehicle Type, 2018-2026 (USD Million)
    • 1.2.3. Low Speed Vehicle Market, by End-User, 2018-2026 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Low Speed Vehicle Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Low Speed Vehicle Market Dynamics

  • 3.1. Low Speed Vehicle Market Impact Analysis (2018-2026)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Low Speed Vehicle Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Low Speed Vehicle Market, by Vehicle Type

  • 5.1. Market Snapshot
  • 5.2. Global Low Speed Vehicle Market by Vehicle Type, Performance - Potential Analysis
  • 5.3. Global Low Speed Vehicle Market Estimates & Forecasts by Vehicle Type 2016-2026 (USD Million)
  • 5.4. Low Speed Vehicle Market, Sub Segment Analysis
    • 5.4.1. Passenger vehicle
    • 5.4.2. Heavy duty vehicle
    • 5.4.3. Utility vehicle
    • 5.4.4. Off-road vehicle

Chapter 6. Global Low Speed Vehicle Market, by End-User

  • 6.1. Market Snapshot
  • 6.2. Global Low Speed Vehicle Market by End-User, Performance - Potential Analysis
  • 6.3. Global Low Speed Vehicle Market Estimates & Forecasts by End-User 2016-2026 (USD Million)
  • 6.4. Low Speed Vehicle Market, Sub Segment Analysis
    • 6.4.1. Golf Courses
    • 6.4.2. Tourist Destinations
    • 6.4.3. Hotels & Resorts
    • 6.4.4. Airports
    • 6.4.5. Residential & Commercial Premises

Chapter 7. Global Low Speed Vehicle Market, Regional Analysis

  • 7.1. Low Speed Vehicle Market, Regional Market Snapshot
  • 7.2. North America Low Speed Vehicle Market
    • 7.2.1. U.S. Low Speed Vehicle Market
      • 7.2.1.1. Vehicle Type breakdown estimates & forecasts, 2016-2026
      • 7.2.1.2. End-User breakdown estimates & forecasts, 2016-2026
    • 7.2.2. Canada Low Speed Vehicle Market
  • 7.3. Europe Low Speed Vehicle Market Snapshot
    • 7.3.1. U.K. Low Speed Vehicle Market
    • 7.3.2. Germany Low Speed Vehicle Market
    • 7.3.3. Rest of Europe Low Speed Vehicle Market
  • 7.4. Asia-Pacific Low Speed Vehicle Market Snapshot
    • 7.4.1. China Low Speed Vehicle Market
    • 7.4.2. India Low Speed Vehicle Market
    • 7.4.3. Japan Low Speed Vehicle Market
    • 7.4.4. Rest of Asia Pacific Low Speed Vehicle Market
  • 7.5. Latin America Low Speed Vehicle Market Snapshot
    • 7.5.1. Brazil Low Speed Vehicle Market
    • 7.5.2. Mexico Low Speed Vehicle Market
  • 7.6. Rest of The World Low Speed Vehicle Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. AGT Electric Cars
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Vehicle Type Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Bintelli Electric Vehicles
    • 8.2.3. Bradshaw Electric Vehicles
    • 8.2.4. Ingersoll-Rand plc
    • 8.2.5. Ligier Group
    • 8.2.6. Polaris Industries, Inc
    • 8.2.7. Speedways Electric
    • 8.2.8. Textron Inc
    • 8.2.9. Xiamen Dalle Electric Car Co., Ltd.
    • 8.2.10. Yamaha Motor Co., Ltd.

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

List of Tables

List of Tables

  • TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL LOW SPEED VEHICLE MARKET
  • TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL LOW SPEED VEHICLE MARKET
  • TABLE 3. GLOBAL LOW SPEED VEHICLE MARKET, REPORT SCOPE
  • TABLE 4. YEARS CONSIDERED FOR THE STUDY
  • TABLE 5. EXCHANGE RATES CONSIDERED
  • TABLE 6. GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD MILLION)
  • TABLE 7. GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY VEHICLE TYPE 2016-2026 (USD MILLION)
  • TABLE 8. GLOBAL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY END-USER 2016-2026 (USD MILLION)
  • TABLE 9. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 10. GLOBAL LOW SPEED VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 11. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 12. GLOBAL LOW SPEED VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 13. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 14. GLOBAL LOW SPEED VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 15. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 16. GLOBAL LOW SPEED VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 17. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 18. GLOBAL LOW SPEED VEHICLE MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 19. U.S. LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 20. U.S. LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 21. U.S. LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 22. CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 23. CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 24. CANADA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 25. UK LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 26. UK LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 27. UK LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 28. GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 29. GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 30. GERMANY LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 31. ROE LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 32. ROE LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 33. ROE LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 34. CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 35. CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 36. CHINA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 37. INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 38. INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 39. INDIA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 40. JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 41. JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 42. JAPAN LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 43. ROAPAC LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 44. ROAPAC LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 45. ROAPAC LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 46. BRAZIL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 47. BRAZIL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 48. BRAZIL LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 49. MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 50. MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 51. MEXICO LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 52. ROLA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 53. ROLA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 54. ROLA LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 55. ROW LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)
  • TABLE 56. ROW LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
  • TABLE 57. ROW LOW SPEED VEHICLE MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

List of Figures

List of Figures

  • FIG 1. GLOBAL LOW SPEED VEHICLE MARKET, RESEARCH METHODOLOGY
  • FIG 2. GLOBAL LOW SPEED VEHICLE MARKET, MARKET ESTIMATION VEHICLE TYPES
  • FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
  • FIG 4. GLOBAL LOW SPEED VEHICLE MARKET, KEY TRENDS 2019
  • FIG 5. GLOBAL LOW SPEED VEHICLE MARKET, GROWTH PROSPECTS 2020-2026
  • FIG 6. GLOBAL LOW SPEED VEHICLE MARKET, PORTERS 5 FORCE MODEL
  • FIG 7. GLOBAL LOW SPEED VEHICLE MARKET, PEST ANALYSIS
  • FIG 8. GLOBAL LOW SPEED VEHICLE MARKET, VALUE CHAIN ANALYSIS
  • FIG 9. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
  • FIG 10. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
  • FIG 11. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
  • FIG 12. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
  • FIG 13. GLOBAL LOW SPEED VEHICLE MARKET BY SEGMENT, 2016 & 2026 (USD MILLION)
  • FIG 14. GLOBAL LOW SPEED VEHICLE MARKET, REGIONAL SNAPSHOT 2016 & 2026
  • FIG 15. NORTH AMERICA LOW SPEED VEHICLE MARKET 2016 & 2026 (USD MILLION)
  • FIG 16. EUROPE LOW SPEED VEHICLE MARKET 2016 & 2026 (USD MILLION)
  • FIG 17. ASIA PACIFIC LOW SPEED VEHICLE MARKET 2016 & 2026 (USD MILLION)
  • FIG 18. LATIN AMERICA LOW SPEED VEHICLE MARKET 2016 & 2026 (USD MILLION)
  • FIG 19. GLOBAL LOW SPEED VEHICLE MARKET, COMPANY MARKET SHARE ANALYSIS (2019)
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