A low-speed vehicle (LSV) is a legal class of 4-wheel vehicles that have a maximum capable speed typically around 25 mph (40 km/h), and have a minimum capable speed (typically 20 mph (32 km/h)) that allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEV). The vehicles operate under very similar restrictions to but without the specification of battery electric power.
Scope of the Report:This report focuses on the Low-speed vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Low-speed electric vehicles (LSVs) are becoming more common on public roadways. Although small electric vehicles have been prevalent for many years on golf courses and as mobility aids, their manufacture for use on public roadways as a short range alternative to fossil-fueled autos has been increasing in recent years. The sale of LSVs is expected to increase significantly in the coming years due to increases in fossil fuel prices and new priorities for reducing dependence on fossil fuels, such as developing more sustainable transportation technologies and taking positive steps to reduce greenhouse gases.
The worldwide market for Low-speed vehicle is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Polaris Industries
Textron
Deere & Company
The Toro Company
Kubota
Yamaha Motor
Club Car
Taylor-Dunn
American Landmaster
Ontario Drive & Gear
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Electric Golf Carts
Electric Personal Utility Vehicles
Off Road Electric Vehicles
Commercial Electric Vehicles
Market Segment by Applications, can be divided into Golf Courses
Airports
Hotels And Resorts
Residential Premises
Other
There are 15 Chapters to deeply display the global Low-speed vehicle market.
Chapter 1, to describe Low-speed vehicle Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Low-speed vehicle, with sales, revenue, and price of Low-speed vehicle, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Low-speed vehicle, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Low-speed vehicle market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Low-speed vehicle sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
