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Low-Speed Vehicle Market by Type (Commercial Turf & Industrial Utility Vehicle, Golf Cart, and Personal Mobility Vehicle), Power Output (15 kW), Propulsion (Diesel, Electric, and Gasoline), Application and Region - Forecast to 2025

  • ID: 5025112
  • Report
  • May 2020
  • Region: Global
  • 157 Pages
  • Markets and Markets
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The Global Low-Speed Vehicle Market is Projected to Grow at a CAGR of 8.6% to Reach a Market Size of USD 6.3 Billion by 2025 from 4.2 Billion in 2020.

FEATURED COMPANIES

  • AGT Electric Cars
  • Deere & Company
  • HDK Electric Vehicle
  • Kubota Corporation
  • Pilotcars
  • Speedways Electric
  • MORE

Increase in stringent emission regulations and growing adoption from the geriatric population drive the low-speed vehicles market.

The rising trend of using LSVs in hotels & resorts, industrial facilities, golf course, gated communities & college campuses is projected to fuel the demand of these vehicles. On the other hand, minimal safety features are identified as the key factors which can restrain the growth of the LSV market.

Low-speed vehicle with <8KW is estimated to be the largest market for LSV market, by power output.

The market for a low-speed vehicle with <8KW vehicle is projected to be the largest market. As most of the Golf courses and resorts mostly prefer low-speed vehicles with output power less than 8 KW (~3–4 KW). The growing demand for LSVs with low seating capacity is further likely to augment the sales of LSVs with <8 KW power output. Also, with high demand for these low-power LSVs, the Chinese players are exporting these vehicles in North America and Europe at relatively much lower costs. However, the lack of safety standards coupled with built-quality is hampering the sales of these LSVs manufactured by China in North America and Europe. Thus, with an increase in short commute, the demand for these types of vehicles is estimated to grow.

Commercial turf utility Vehicle is estimated to have the largest share in Global LSV market

The commercial turf utility vehicle market is projected to be the largest segment for Global low-speed vehicles. the demand for commercial turf utility vehicles is expected to grow due to the increase in the number of hotels and resorts and the operation of existing luxury resorts and hotels, which are the end-users of commercial turf utility vehicles.

North America anticipated holding the largest share in Global LSV Market.

The North American market is estimated to dominate the Global LSV market during the forecast period. North America accounts for 51% of the world’s golf supply with the US accounting for 43% of the world’s golf supply. Thus, the US is the largest market in the region and accounts for more than two-thirds of the overall market. Electric low-speed vehicles are widely preferred across the region because of their zero-carbon emission and noise reduction. The increased use of low-speed vehicles in commercial applications such as hotels and resorts and golf courses are likely to bolster the demand for low-speed vehicles in North America.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:

  • By Company Type - Tier-1 - 90%, Tier-2 - 10%
  • By Designation - C level - 20 %, Manager level - 60%, Other designations -20%
  • By Region - North America - 40%, Europe - 30%, APAC- 20%, RoW-10%

The key companies profiled in the study are Ingersoll Rand (US), Textron Inc. (US), Yamaha Motor Corporation (Japan), Polaris Inc. (US), and Deere & Company (US), The Toro Company (US), Kubota Corporation (Japan), American Landmaster (US), Columbia Vehicle Group (US), AGT Electric Cars (US) and Bintelli Electric Cars (US) and other additional companies.

Research Coverage:

Global Low-Speed Vehicles Market By Vehicle Type (Golf Cart, Commercial Turf Utility Vehicle, Industrial Utility Vehicle, Personal Mobility Vehicle), Power Output (<8kW, 8–15kW, >15 kW), Propulsion (Diesel, Electric, Gasoline), Application type (Golf Courses, Hotels & Resorts, Airports, Industrial Facilities) & Region (North America, Europe, APAC and RoW)

Key Benefits of Buying the Report:

  • The study provides a qualitative and quantitative analysis of the global low speed vehicle market, by vehicle, in volume (units) and value (USD million), at the regional level.
  • The study provides a qualitative and quantitative analysis of the global low speed vehicle market, by application, in volume (units) and value (USD million), at the regional level.
  • The study provides a qualitative and quantitative analysis of the global low speed vehicle market, by propulsion type, in volume (units), and value (USD million), at the regional level.
  • The study provides a qualitative and quantitative analysis of the global low speed vehicle market, by power output, in volume (units), and value (USD million), at the regional level.
  • The study includes the profiles of 10 key companies and an additional nine companies, which have a significant impact on the market, along with their financial structure, recent developments, and product portfolio.

The report covers the competitive landscape that reflects the market ranking analysis of leading players, along with the dominant strategies adopted by these stakeholders to retain their position.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AGT Electric Cars
  • Deere & Company
  • HDK Electric Vehicle
  • Kubota Corporation
  • Pilotcars
  • Speedways Electric
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Product Definition
1.2.1 Inclusions & Exclusions
1.3 Market Scope
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.3 Sampling Techniques & Data Collection Methods
2.1.4 Primary Participants
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Increasing Demand for Electric Low-Speed Vehicle Applications
2.2.3 Supply-Side Analysis
2.2.3.1 Technological Advancements and Diversification in Automotive Industry
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach: Market Size Estimation Methodology of Global Low-Speed Vehicles (By Vehicle Type and Application)
2.3.2 Top-Down Approach: Market Size Estimation Methodology of Global Low-Speed Vehicles (By Propulsion Type and Power Output)
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Low-Speed Vehicle Market
4.2 Low-Speed Vehicle Market, by Application Type
4.3 Low-Speed Vehicle Market, by Vehicle Type
4.4 Low-Speed Vehicle Market, by Propulsion Type
4.5 Low-Speed Vehicle Market, by Power Output
4.6 Low-Speed Vehicle Market, by Region

5 Recommendations
5.1 Low-Speed Vehicle Manufacturers should Focus on North America As Priority Market
5.2 Companies should Enhance Focus on Safety Features and Electric Vehicles
5.3 Conclusion

6 Market Overview
6.1 Introduction
6.2 Years Considered
6.3 Market Dynamics
6.3.1 Drivers
6.3.1.1 Rising Geriatric Population to Drive Demand for LSVS
6.3.1.2 Growing Electric Vehicle Charging Infrastructure to Boost Demand for LSVS
6.3.1.3 Increasing Stringent Emission Regulations to Raise Demand for Low-Speed Electric Vehicles
6.3.2 Restraints
6.3.2.1 Lack of Safety Standards/Equipment
6.3.3 Opportunities
6.3.3.1 Growing Advancements in Mobility Solutions
6.3.3.2 Increasing Use of Lithium-Ion Batteries in Low-Speed Vehicles
6.3.3.3 Rising Deployment of Connected Technology and Autonomous Low-Speed Vehicles
6.3.4 Challenges
6.3.4.1 Development of Fail-Safe Electronic and Electrical Components
6.3.4.2 Cost Reduction and Improved Energy Density of Ev Batteries
6.4 Us Lsv Regulations, by State
6.5 Supply Chain
6.6 Low-Speed Vehicle Market, Scenarios Analysis
6.6.1 most Likely Scenario
6.6.2 Optimistic Scenario
6.6.3 Pessimistic Scenario
6.7 Impact of COVID-19
6.7.1 COVID-19 Health Assessment
6.7.2 Impact on Low-Speed Vehicle Market

7 Low-Speed Vehicle Market, by Vehicle Type
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights
7.2 Golf Cart
7.2.1 Increase in Number of Golf Courses is Expected to Propel Golf Cart Market Growth
7.3 Commercial Turf Utility Vehicle
7.3.1 Hotels & Resorts Likely to Boost Demand for Commercial Turf Utility Vehicles
7.4 Industrial Utility Vehicle
7.4.1 Growing Construction Sector Likely to Drive Demand for Industrial Utility Vehicles
7.5 Personal Mobility Vehicle
7.5.1 Rise in Domestic Travel to Drive Personal Mobility Market

8 Low-Speed Vehicle Market, by Application Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights
8.2 Golf Courses
8.2.1 Development of New Golf Courses to Drive Demand for Golf Carts
8.3 Hotels & Resorts
8.3.1 Investments in Hospitality Sector to Drive Low-Speed Vehicle Market
8.4 Airports
8.4.1 Low Operating Cost of Electric Low-Speed Vehicles and Increase in Air Cargo to Boost Market Growth
8.5 Industrial Facilities
8.5.1 Growth of Manufacturing Sector to Increase Demand for Low-Speed Vehicles

9 Low-Speed Vehicle Market, by Propulsion Type
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Industry Insights
9.2 Electric
9.2.1 Investments in Charging Infrastructure Likely to Fuel Demand for Electric Lsv
9.3 Gasoline
9.3.1 Range Anxiety of Electric Vehicles to Drive Gasoline Low-Speed Vehicle Market
9.4 Diesel
9.4.1 Lack of Charging Infrastructure in Row Likely to Fuel Demand for Diesel Lsv in Near Future

10 Low-Speed Vehicle Market, by Power Output
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Industry Insights
10.2 <8 KW
10.2.1 Rising Demand for Lsv in Golf Courses and Resorts is Likely to Fuel Demand for Low-Power Output Lsv
10.3 8 –15 KW
10.3.1 Rising Demand in Hotels & Resorts to Bolster Demand for Lsv with Power Output Range of 8–15 KW
10.4 >15 KW
10.4.1 Rising Demand in Industrial Segment Anticipated to Boost Market Growth

11 Low-Speed Vehicle Market, by Region
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
11.2 APAC
11.2.1 China
11.2.1.1 Growth of Industrial Sector is Driving Lsv Market
11.2.2 India
11.2.2.1 Growth in Tourism and Hospitality Sectors is Likely to Boost Demand for LSVS
11.2.3 Japan
11.2.3.1 High Demand for Industrial Utility Vehicles is Likely to Propel Market Growth
11.2.4 South Korea
11.2.4.1 Low-Speed Vehicle Market is Largely Driven by High Growth Opportunities in Industrial and Tourism Sectors
11.2.5 Thailand
11.2.5.1 Owing to Affordable Golfing Demand for LSVS to Increase in Thailand
11.2.6 Rest of Apac
11.3 North America
11.3.1 US
11.3.1.1 Rising Demand for Zero-Emission Vehicles and Growth of Tourism Industry to Drive Us Market
11.3.2 Mexico
11.3.2.1 Growing Hospitality Sector to Drive Mexican Low-Speed Vehicle Market
11.3.3 Canada
11.3.3.1 Increasing Demand for LSVS in Golf Courses Likely to Drive Canadian Low-Speed Vehicle Market
11.4 Europe
11.4.1 UK
11.4.1.1 Commercial Turf Utility Vehicles to Hold Lion’S Share in Uk
11.4.2 France
11.4.2.1 Golf Carts Projected to be Fastest-Growing Segment in French Lsv Market, by Vehicle Type
11.4.3 Germany
11.4.3.1 Demand for Golf Carts is Anticipated to Grow at Faster Rate
11.4.4 Nordic
11.4.4.1 Commercial Utility Vehicles to Remain most Attractive Segment Throughout Forecast Period
11.4.5 Italy
11.4.5.1 Tourism is Likely to Increase Demand for LSVS in Italy
11.4.6 Spain
11.4.6.1 Commercial Turf Utility Vehicles to Create Significant Revenue Opportunities in Spain
11.5 Row
11.5.1 South Africa
11.5.1.1 Increase in Number of Golf Courses Likely to Increase Demand for LSVS in South Africa
11.5.2 Brazil
11.5.2.1 Hotels and World-Class Golf Courses Likely to Boost Demand for LSVS
11.5.3 Iran
11.5.3.1 Growth of Travel and Tourism Industry to Boost Growth of LSVS

12 Competitive Landscape

12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Leadership Mapping
12.3.1 Terminology
12.3.2 Visionary Leaders
12.3.3 Innovators
12.3.4 Dynamic Differentiators
12.3.5 Emerging Companies
12.4 Competitive Leadership Matrix
12.4.1 Strength of Product Portfolio
12.4.2 Business Strategy Excellence
12.5 Right to Win
12.6 Competitive Scenario
12.6.1 New Product Developments/Launches
12.6.2 Expansions, 2018–2019
12.6.3 Acquisitions/Partnerships/Agreements, 2018–2020

13 Company Profiles
13.1 Polaris Inc.
(Business Overview, Products Offered, Recent Developments, and Swot Analysis)*
13.2 Textron Inc.
13.3 Deere & Company
13.4 The Toro Company
13.5 Ingersoll-Rand
13.6 Yamaha Motor Corporation
13.7 Kubota Corporation
13.8 American Landmaster
13.9 Columbia Vehicle Group Inc.
13.10 Additional Companies
13.10.1 North America
13.10.1.1 AGT Electric Cars
13.10.1.2 Bintelli Electric Vehicles
13.10.2 Asia Pacific
13.10.2.1 Suzhou Eagle Electric Vehicle Manufacturing
13.10.2.2 Speedways Electric
13.10.2.3 Marshell
13.10.3 North America
13.10.3.1 Garia
13.10.3.2 Star EV
13.10.3.3 HDK Electric Vehicle
13.10.3.4 Tropos Technologies
13.10.4 ROW
13.10.4.1 Pilotcars

*Details on Business Overview, Products Offered, Recent Developments, and Swot Analysis Not be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Currency & Pricing
14.2 Key Insights of Industry Experts
14.3 Discussion Guide
14.4 Knowledge Store: Subscription Portal
14.5 Available Customizations
14.5.1 Global Low-Speed Vehicle Market, by Propulsion Type, by Country
14.5.1.1 North America (Us, Canada, Mexico)
14.5.1.2 Europe (Uk, France, Germany, Nordic, Italy, and Spain)
14.5.1.3 APAC (China, India, Japan, South Korea, and Thailand)
14.5.2 Global Low-Speed Vehicle Market, by Power Output, by Country
14.5.2.1 North America (Us, Canada, Mexico)
14.5.2.2 Europe (Uk, France, Germany, Nordic, Italy, and Spain)
14.5.2.3 APAC (China, India, Japan, South Korea, and Thailand)
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Government Policies and Stringent Emission Standards for Low-Speed Vehicles in Us
Table 2 Low-Speed Vehicle Market (Most Likely Scenario), by Region, 2018–2025 (Usd Million)
Table 3 Low-Speed Vehicle Market (Optimistic Scenario), by Region, 2018–2025 (Usd Million)
Table 4 Low-Speed Vehicle Market (Pessimistic Scenario), by Region, 2018–2025 (Usd Million)
Table 5 Global Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 6 Global Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 7 Golf Cart Market, by Region, 2018–2025 (Units)
Table 8 Golf Cart Market, by Region, 2018–2025 (Usd Million)
Table 9 Commercial Turf Utility Vehicle Market, by Region, 2018–2025 (Units)
Table 10 Commercial Turf Utility Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 11 Industrial Utility Vehicle Market, by Region, 2018–2025 (Units)
Table 12 Industrial Utility Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 13 Personal Mobility Vehicle Market, by Region, 2018–2025 (Units)
Table 14 Personal Mobility Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 15 Global Low-Speed Vehicle Market, by Application Type, 2018–2025 (Units)
Table 16 Global Low-Speed Vehicle Market, by Application Type, 2018–2025 (Usd Million)
Table 17 Low-Speed Vehicle Market for Golf Courses, by Region, 2018–2025 (Units)
Table 18 Low-Speed Vehicle Market for Golf Courses, by Region, 2018–2025 (Usd Million)
Table 19 Low-Speed Vehicle Market for Hotels & Resorts, by Region, 2018–2025 (Units)
Table 20 Low-Speed Vehicle Market for Hotels & Resorts, by Region, 2018–2025 (Usd Million)
Table 21 Low-Speed Vehicle Market for Airports, by Region, 2018–2025 (Units)
Table 22 Low-Speed Vehicle Market for Airports, by Region, by Region, 2018–2025 (Usd Million)
Table 23 Low-Speed Vehicle Market for Industrial Facilities, by Region, 2018–2025 (Units)
Table 24 Low-Speed Vehicle Market for Industrial Facilities, by Region, 2018–2025 (Usd Million)
Table 25 Global Low-Speed Vehicle Market, by Propulsion Type, 2018–2025 (Units)
Table 26 Global Low-Speed Vehicle Market, by Propulsion Type, 2018–2025 (Usd Million)
Table 27 Electric Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 28 Electric Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 29 Gasoline Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 30 Gasoline Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 31 Diesel Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 32 Diesel Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 33 Global Low-Speed Vehicle Market, by Power Output, 2018–2025 (Units)
Table 34 Global Low-Speed Vehicle Market, by Power Output, 2018–2025 (Usd Million)
Table 35 <8 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 36 <8 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 37 8-15 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 38 8-15 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 39 >15 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 40 >15 Kw Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 41 Global Low-Speed Vehicle Market, by Region, 2018–2025 (Units)
Table 42 Global Low-Speed Vehicle Market, by Region, 2018–2025 (Usd Million)
Table 43 APAC: Low-Speed Vehicle Market, by Country, 2018–2025 (Units)
Table 44 APAC: Low-Speed Vehicle Market, by Country, 2018–2025 (Usd Million)
Table 45 China: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 46 China: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 47 India: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 48 India: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 49 Japan: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 50 Japan: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 51 South Korea: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 52 South Korea: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 53 Thailand: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 54 Thailand: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 55 North America: Low-Speed Vehicle Market, by Country, 2018–2025 (Units)
Table 56 North America Low-Speed Vehicle Market, by Country, 2018–2025 (Usd Million)
Table 57 US: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 58 US: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 59 Mexico: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 60 Mexico: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 61 Canada: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 62 Canada: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 63 Europe: Low-Speed Vehicle Market, by Country, 2018–2025 (Units)
Table 64 Europe: Low-Speed Vehicle Market, by Country, 2018–2025 (Usd Million)
Table 65 UK: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 66 UK: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 67 France: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 68 France: Low-Speed Vehicle Market, by Vehicle Type, 2017–2025 (Usd Million)
Table 69 Germany: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 70 Germany: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 71 Nordic: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 72 Nordic: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 73 Italy: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 74 Italy: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 75 Spain: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 76 Spain: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 77 ROW: Low-Speed Vehicle Market, by Country, 2018–2025 (Units)
Table 78 ROW: Low-Speed Vehicle Market, by Country, 2018–2025 (Usd Million)
Table 79 South Africa: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 80 South Africa: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 81 Brazil: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 82 Brazil: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 83 Iran: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Units)
Table 84 Iran: Low-Speed Vehicle Market, by Vehicle Type, 2018–2025 (Usd Million)
Table 85 New Product Developments/Launches, 2018–2019
Table 86 Expansions, 2018–2019
Table 87 Acquisitions/Partnerships/Agreements, 2018–2020
Table 88 Currency Exchange Rates (Wrt Per USD)

List of Figures

Figure 1 Low-Speed Vehicle Market: Market Segmentation
Figure 2 Low-Speed Vehicle Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, & Region
Figure 5 Data Triangulation
Figure 6 Parameters & Assumptions Followed for Low-Speed Vehicle Market Analysis
Figure 7 Parameters & Limitations for Low-Speed Vehicle Market Analysis
Figure 8 Low-Speed Vehicle Market Outlook
Figure 9 Low-Speed Vehicle Market, by Vehicle Type, 2020 Vs. 2025 (Usd Million)
Figure 10 Stringent Emission Norms, Rising Demand for Electric Vehicles, and Lower Operating Costs are Expected to Drive Global Low-Speed Vehicle Market during Forecast Period
Figure 11 Golf Courses to Hold Largest Market Size in 2020
Figure 12 Commercial Turf Utility Vehicle is Projected to Hold Largest Market Size in 2025
Figure 13 Market for Electric Lsv Segment to Grow at Highest CAGR during Forecast Period
Figure 14 Lsv with <8 Kw to Hold Largest Market Size Throughout Forecast Period
Figure 15 North America to Continue to Hold Largest Market Share during Forecast Period
Figure 16 Global Low-Speed Vehicle Market Dynamics
Figure 17 Number of Persons Aged 65 and Above: 1900–2060 (Numbers in Millions)
Figure 18 Number of Cumulative Ev Sales Vs. Cumulative Ev Charging Stations and Ratio of Evs to Charging Stations
Figure 19 Number of Ev Charging Stations in Europe
Figure 20 Low-Speed Vehicles: Supply Chain & Key Players
Figure 21 Covid-19 Global Propagation
Figure 22 Covid-19 Propagation: Select Countries
Figure 23 Low-Speed Vehicle Market–With VS Without Covid-19 Scenario, 2020 (Us$ Million)
Figure 24 Low-Speed Vehicle Market–Impact of Covid-19 by Region, 2018–2025 (Us$ Billion)
Figure 25 Low-Speed Vehicle Market, by Vehicle Type, 2020 Vs. 2025 (Usd Million)
Figure 26 Low-Speed Vehicle Market, by Application Type, 2020 Vs. 2025 (Usd Million)
Figure 27 Low-Speed Vehicle Market, by Propulsion Type, 2020 Vs. 2025 (Usd Million)
Figure 28 Low-Speed Vehicle Market, by Power Output, 2020 Vs. 2025 (Usd Million)
Figure 29 Low-Speed Vehicle Market: Market in Europe is Estimated to Grow at Highest CAGR (2020–2025)
Figure 30 Low-Speed Vehicle Market, by Region, 2020 Vs. 2025 (Usd Million)
Figure 31 APAC: Low-Speed Vehicle Market Snapshot
Figure 32 North America: Low-Speed Vehicle Market Snapshot
Figure 33 Low-Speed Vehicle Market in Europe, by Country, 2020 Vs. 2025 (Usd Million)
Figure 34 Global Low-Speed Vehicle Market: Ranking Analysis, 2019
Figure 35 Low-Speed Vehicle Manufacturers: Competitive Leadership Mapping, 2019
Figure 36 Low-Speed Vehicle Manufacturers: Company-Wise Product Offering Analysis
Figure 37 Low-Speed Vehicle Manufacturers: Company-Wise Business Strategy Analysis
Figure 38 Companies Adopted New Product Developments & Partnerships/ Agreements/Supply Contracts/Collaborations/Joint Ventures As Key Growth Strategies, 2017–2019
Figure 39 Polaris Inc.: Company Snapshot
Figure 40 Textron Inc.: Company Snapshot
Figure 41 Deere & Company: Company Snapshot
Figure 42 The Toro Company: Company Snapshot
Figure 43 Ingersoll-Rand: Company Snapshot
Figure 44 Yamaha Motor Corporation: Company Snapshot
Figure 45 Kubota Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • AGT Electric Cars
  • American Landmaster
  • Bintelli Electric Vehicles
  • Columbia Vehicle Group Inc.
  • Deere & Company
  • Garia
  • HDK Electric Vehicle
  • Ingersoll-Rand
  • Kubota Corporation
  • Marshell
  • Pilotcars
  • Polaris Inc.
  • Speedways Electric
  • Star EV
  • Suzhou Eagle Electric Vehicle Manufacturing
  • Textron Inc.
  • The Toro Company
  • Tropos Technologies
  • Yamaha Motor Corporation
Note: Product cover images may vary from those shown
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