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low speed electric vehicle market Overview:
The global low speed electric vehicle market is segmented based on vehicle type and end user. The global low speed electric vehicle market is a very dynamic market and is expected to witness growth during the forecast period. The development of new and diversified technologies in electric vehicle creates opportunities within the automotive industry. The low speed electric vehicle market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is from 2018 to 2025.
The market is segmented by vehicle type, which includes passenger vehicle, heavy duty vehicle, utility vehicle, and off-road vehicle. Also, based on end user, the market is categorized into golf courses, tourist destinations, hotels & resorts, airports and residential & commercial premises. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global low speed electric vehicle market are HDK Electric Vehicles, Bradshaw Electric Vehicles, Textron Inc., Polaris Industries, Yamaha Motors Co. Ltd., Ingersoll Rand, Inc., Speedway Electric, AGT Electric Cars, Bintelli Electric Vehicles and Ligier Group
Key Benefits for low speed electric vehicle market:
This study presents the analytical depiction of the global low speed electric vehicle market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
low speed electric vehicle key Market Segments:
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
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
The global low speed electric vehicle market is segmented based on vehicle type and end user. The global low speed electric vehicle market is a very dynamic market and is expected to witness growth during the forecast period. The development of new and diversified technologies in electric vehicle creates opportunities within the automotive industry. The low speed electric vehicle market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is from 2018 to 2025.
The market is segmented by vehicle type, which includes passenger vehicle, heavy duty vehicle, utility vehicle, and off-road vehicle. Also, based on end user, the market is categorized into golf courses, tourist destinations, hotels & resorts, airports and residential & commercial premises. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global low speed electric vehicle market are HDK Electric Vehicles, Bradshaw Electric Vehicles, Textron Inc., Polaris Industries, Yamaha Motors Co. Ltd., Ingersoll Rand, Inc., Speedway Electric, AGT Electric Cars, Bintelli Electric Vehicles and Ligier Group
Key Benefits for low speed electric vehicle market:
This study presents the analytical depiction of the global low speed electric vehicle market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
low speed electric vehicle key Market Segments:
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
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Note: Product cover images may vary from those shown
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CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and 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 impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porters five forces analysis
3.4. Key Player Positioning (2017)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Stringent government rules and regulations toward vehicle emission
3.5.1.2. Increase in fuel costs
3.5.2. Restraints
3.5.2.1. High cost of electric vehicles
3.5.2.2. Lack of proper charging infrastructure
3.5.3. Opportunities
3.5.3.1. Proactive government initiatives
3.5.3.2. Improvement in electric vehicles R&D & battery technology
CHAPTER 4: LOW SPEED ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE
4.1. Overview
4.2. Passenger Vehicle
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Heavy Duty Vehicle
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Utility Vehicle
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Off-Road Vehicle
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
CHAPTER 5: LOW SPEED ELECTRIC VEHICLE MARKET, BY END USER
5.1. Overview
5.2. Golf Courses
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Tourist Destinations
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Hotels & Resorts
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. Airports
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. Residential & Commercial Premises
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
CHAPTER 6: LOW SPEED ELECTRIC VEHICLE MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by Vehicle Type
6.2.3. Market size and forecast, by End User
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Vehicle Type
6.2.4.1.2. Market size and forecast, by end user
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Vehicle Type
6.2.4.2.2. Market size and forecast, by end user
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Vehicle Type
6.2.4.3.2. Market size and forecast, by end user
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by Vehicle Type
6.3.3. Market size and forecast, by end user
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by Vehicle Type
6.3.4.1.2. Market size and forecast, by end user
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by Vehicle Type
6.3.4.2.2. Market size and forecast, by end user
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by Vehicle Type
6.3.4.3.2. Market size and forecast, by end user
6.3.4.4. Russia
6.3.4.4.1. Market size and forecast, by Vehicle Type
6.3.4.4.2. Market size and forecast, by end user
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by Vehicle Type
6.3.4.5.2. Market size and forecast, by end user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by Vehicle Type
6.4.3. Market size and forecast, by end user
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Vehicle Type
6.4.4.1.2. Market size and forecast, by end user
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by Vehicle Type
6.4.4.2.2. Market size and forecast, by end user
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by Vehicle Type
6.4.4.3.2. Market size and forecast, by end user
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by Vehicle Type
6.4.4.4.2. Market size and forecast, by end user
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by Vehicle Type
6.4.4.5.2. Market size and forecast, by end user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Vehicle Type
6.5.3. Market size and forecast, by end user
6.5.4. Market analysis by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Vehicle Type
6.5.4.1.2. Market size and forecast, by end user
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Vehicle Type
6.5.4.2.2. Market size and forecast, by end user
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Vehicle Type
6.5.4.3.2. Market size and forecast, by end user
CHAPTER 7: COMPANY PROFILES
7.1. AGT Electric Cars
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. Bintelli Electric Vehicles
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Key strategic moves and developments
7.3. Bradshaw Electric Vehicles
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.3.4. Key strategic moves and developments
7.4. Ingersoll-Rand plc
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.5. Ligier Group
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.6. Polaris Industries, Inc
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. Speedways Electric
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.8. Textron Inc (Textron Specialized Vehicles Inc.)
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. Xiamen Dalle Electric Car Co., Ltd (HDK electric vehicle)
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.10. Yamaha Motor Co., Ltd
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and 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 impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porters five forces analysis
3.4. Key Player Positioning (2017)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Stringent government rules and regulations toward vehicle emission
3.5.1.2. Increase in fuel costs
3.5.2. Restraints
3.5.2.1. High cost of electric vehicles
3.5.2.2. Lack of proper charging infrastructure
3.5.3. Opportunities
3.5.3.1. Proactive government initiatives
3.5.3.2. Improvement in electric vehicles R&D & battery technology
CHAPTER 4: LOW SPEED ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE
4.1. Overview
4.2. Passenger Vehicle
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Heavy Duty Vehicle
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Utility Vehicle
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Off-Road Vehicle
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
CHAPTER 5: LOW SPEED ELECTRIC VEHICLE MARKET, BY END USER
5.1. Overview
5.2. Golf Courses
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Tourist Destinations
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Hotels & Resorts
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. Airports
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. Residential & Commercial Premises
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
CHAPTER 6: LOW SPEED ELECTRIC VEHICLE MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by Vehicle Type
6.2.3. Market size and forecast, by End User
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Vehicle Type
6.2.4.1.2. Market size and forecast, by end user
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Vehicle Type
6.2.4.2.2. Market size and forecast, by end user
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Vehicle Type
6.2.4.3.2. Market size and forecast, by end user
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by Vehicle Type
6.3.3. Market size and forecast, by end user
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by Vehicle Type
6.3.4.1.2. Market size and forecast, by end user
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by Vehicle Type
6.3.4.2.2. Market size and forecast, by end user
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by Vehicle Type
6.3.4.3.2. Market size and forecast, by end user
6.3.4.4. Russia
6.3.4.4.1. Market size and forecast, by Vehicle Type
6.3.4.4.2. Market size and forecast, by end user
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by Vehicle Type
6.3.4.5.2. Market size and forecast, by end user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by Vehicle Type
6.4.3. Market size and forecast, by end user
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Vehicle Type
6.4.4.1.2. Market size and forecast, by end user
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by Vehicle Type
6.4.4.2.2. Market size and forecast, by end user
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by Vehicle Type
6.4.4.3.2. Market size and forecast, by end user
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by Vehicle Type
6.4.4.4.2. Market size and forecast, by end user
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by Vehicle Type
6.4.4.5.2. Market size and forecast, by end user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Vehicle Type
6.5.3. Market size and forecast, by end user
6.5.4. Market analysis by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Vehicle Type
6.5.4.1.2. Market size and forecast, by end user
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Vehicle Type
6.5.4.2.2. Market size and forecast, by end user
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Vehicle Type
6.5.4.3.2. Market size and forecast, by end user
CHAPTER 7: COMPANY PROFILES
7.1. AGT Electric Cars
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. Bintelli Electric Vehicles
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Key strategic moves and developments
7.3. Bradshaw Electric Vehicles
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.3.4. Key strategic moves and developments
7.4. Ingersoll-Rand plc
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.5. Ligier Group
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.6. Polaris Industries, Inc
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. Speedways Electric
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.8. Textron Inc (Textron Specialized Vehicles Inc.)
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. Xiamen Dalle Electric Car Co., Ltd (HDK electric vehicle)
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.10. Yamaha Motor Co., Ltd
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments
Note: Product cover images may vary from those shown
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According to the report titled, 'Low Speed Electric Vehicle Market by Vehicle Type and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025' the global low speed electric vehicle market was valued at $2,395.8 million in 2017, and is projected to reach $7,617.3 million by 2025, registering a CAGR of 15.4% from 2018 to 2025.
At present, North America dominates the market, followed by Europe, Asia Pacific, and LAMEA. U.S. dominated the global low speed electric vehicle market in 2017, whereas Canada is expected to grow at a significant rate in North America during the forecast period.
The market is primarily driven by stringent government rules and regulations toward vehicle emission and increase in fuel costs. In addition, rise in pollution, technological advancements, surge in automobile industry, and decrease in fossil fuel reserves have fueled the growth in the development and production of low speed electric vehicle. High vehicle cost and lack of proper charging infrastructure are some of the major restraining factors of this market. Furthermore, proactive government initiatives and technological advancements in electric vehicles ensure lucrative growth opportunities for this market globally. This can be attributed to rise in the sale of automated vehicles globally. These features offer lucrative opportunities for the low speed electric vehicle demand globally.
Key Findings of the Low Speed Electric Vehicle Market:
Based on vehicle type, the off road segment generated the highest revenue in 2017.
Based on end user, the golf courses segment was the highest revenue contributor in 2017.
Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Based on region, North America contributed the highest market revenue in 2017, followed by Europe, Asia Pacific, and LAMEA.
Key players operating in the global low speed electric vehicle market are HDK Electric Vehicles, Bradshaw Electric Vehicles, Textron Inc., Polaris Industries, Yamaha Motors Co. Ltd., Ingersoll Rand, Inc., Speedway Electric, AGT Electric Cars, Bintelli Electric Vehicles and Ligier Group
At present, North America dominates the market, followed by Europe, Asia Pacific, and LAMEA. U.S. dominated the global low speed electric vehicle market in 2017, whereas Canada is expected to grow at a significant rate in North America during the forecast period.
The market is primarily driven by stringent government rules and regulations toward vehicle emission and increase in fuel costs. In addition, rise in pollution, technological advancements, surge in automobile industry, and decrease in fossil fuel reserves have fueled the growth in the development and production of low speed electric vehicle. High vehicle cost and lack of proper charging infrastructure are some of the major restraining factors of this market. Furthermore, proactive government initiatives and technological advancements in electric vehicles ensure lucrative growth opportunities for this market globally. This can be attributed to rise in the sale of automated vehicles globally. These features offer lucrative opportunities for the low speed electric vehicle demand globally.
Key Findings of the Low Speed Electric Vehicle Market:
Based on vehicle type, the off road segment generated the highest revenue in 2017.
Based on end user, the golf courses segment was the highest revenue contributor in 2017.
Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Based on region, North America contributed the highest market revenue in 2017, followed by Europe, Asia Pacific, and LAMEA.
Key players operating in the global low speed electric vehicle market are HDK Electric Vehicles, Bradshaw Electric Vehicles, Textron Inc., Polaris Industries, Yamaha Motors Co. Ltd., Ingersoll Rand, Inc., Speedway Electric, AGT Electric Cars, Bintelli Electric Vehicles and Ligier Group
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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