Global Low Speed Electric Vehicles Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Low Speed Electric Vehicles Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

A low speed electric vehicle (LSV) is a four-wheeled vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it has a gross vehicle weight rating (GVWR) of less than 3,000 pounds. It cannot be powered by gas or diesel fuel.

According to APO Research, The global Low Speed Electric Vehicles market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Low Speed Electric Vehicles is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Low Speed Electric Vehicles is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Low Speed Electric Vehicles is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Low Speed Electric Vehicles is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Low Speed Electric Vehicles include Textron, Yamaha, Polaris, Renault, Garia, Ingersoll Rand, CitEcar Electric Vehicles, Star EV and Melex, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Low Speed Electric Vehicles production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Low Speed Electric Vehicles by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Low Speed Electric Vehicles, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Low Speed Electric Vehicles, also provides the consumption of main regions and countries. Of the upcoming market potential for Low Speed Electric Vehicles, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Low Speed Electric Vehicles sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Low Speed Electric Vehicles market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Low Speed Electric Vehicles sales, projected growth trends, production technology, application and end-user industry.

Low Speed Electric Vehicles segment by Company

Textron
Yamaha
Polaris
Renault
Garia
Ingersoll Rand
CitEcar Electric Vehicles
Star EV
Melex
Columbia
Yogomo
Dojo
Shifeng
Byvin
Lichi
Baoya
Fulu
Tangjun
Xinyuzhou
GreenWheel EV
Incalu
Kandi
APACHE
Zheren
Eagle
Taiqi
Low Speed Electric Vehicles segment by Type

Lithium-Ion Battery Low Speed Electric Vehicle
Lead-Acid Battery Low Speed Electric Vehicle
Other
Low Speed Electric Vehicles segment by Application

Personal Use
Golf Course
Public Utilities
Sightseeing
Others
Low Speed Electric Vehicles segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia

Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Low Speed Electric Vehicles market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Low Speed Electric Vehicles and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Low Speed Electric Vehicles.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Low Speed Electric Vehicles market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Low Speed Electric Vehicles industry.
Chapter 3: Detailed analysis of Low Speed Electric Vehicles market competition landscape. Including Low Speed Electric Vehicles manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Low Speed Electric Vehicles by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Low Speed Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Low Speed Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
1.2.2 Global Low Speed Electric Vehicles Production Capacity Estimates and Forecasts (2019-2030)
1.2.3 Global Low Speed Electric Vehicles Production Estimates and Forecasts (2019-2030)
1.2.4 Global Low Speed Electric Vehicles Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Low Speed Electric Vehicles Market Dynamics
2.1 Low Speed Electric Vehicles Industry Trends
2.2 Low Speed Electric Vehicles Industry Drivers
2.3 Low Speed Electric Vehicles Industry Opportunities and Challenges
2.4 Low Speed Electric Vehicles Industry Restraints
3 Low Speed Electric Vehicles Market by Manufacturers
3.1 Global Low Speed Electric Vehicles Production Value by Manufacturers (2019-2024)
3.2 Global Low Speed Electric Vehicles Production by Manufacturers (2019-2024)
3.3 Global Low Speed Electric Vehicles Average Price by Manufacturers (2019-2024)
3.4 Global Low Speed Electric Vehicles Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Low Speed Electric Vehicles Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Low Speed Electric Vehicles Manufacturers, Product Type & Application
3.7 Global Low Speed Electric Vehicles Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Low Speed Electric Vehicles Market CR5 and HHI
3.8.2 Global Top 5 and 10 Low Speed Electric Vehicles Players Market Share by Production Value in 2023
3.8.3 2023 Low Speed Electric Vehicles Tier 1, Tier 2, and Tier 3
4 Low Speed Electric Vehicles Market by Type
4.1 Low Speed Electric Vehicles Type Introduction
4.1.1 Lithium-Ion Battery Low Speed Electric Vehicle
4.1.2 Lead-Acid Battery Low Speed Electric Vehicle
4.1.3 Other
4.2 Global Low Speed Electric Vehicles Production by Type
4.2.1 Global Low Speed Electric Vehicles Production by Type (2019 VS 2023 VS 2030)
4.2.2 Global Low Speed Electric Vehicles Production by Type (2019-2030)
4.2.3 Global Low Speed Electric Vehicles Production Market Share by Type (2019-2030)
4.3 Global Low Speed Electric Vehicles Production Value by Type
4.3.1 Global Low Speed Electric Vehicles Production Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Low Speed Electric Vehicles Production Value by Type (2019-2030)
4.3.3 Global Low Speed Electric Vehicles Production Value Market Share by Type (2019-2030)
5 Low Speed Electric Vehicles Market by Application
5.1 Low Speed Electric Vehicles Application Introduction
5.1.1 Personal Use
5.1.2 Golf Course
5.1.3 Public Utilities
5.1.4 Sightseeing
5.1.5 Others
5.2 Global Low Speed Electric Vehicles Production by Application
5.2.1 Global Low Speed Electric Vehicles Production by Application (2019 VS 2023 VS 2030)
5.2.2 Global Low Speed Electric Vehicles Production by Application (2019-2030)
5.2.3 Global Low Speed Electric Vehicles Production Market Share by Application (2019-2030)
5.3 Global Low Speed Electric Vehicles Production Value by Application
5.3.1 Global Low Speed Electric Vehicles Production Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Low Speed Electric Vehicles Production Value by Application (2019-2030)
5.3.3 Global Low Speed Electric Vehicles Production Value Market Share by Application (2019-2030)
6 Company Profiles
6.1 Textron
6.1.1 Textron Comapny Information
6.1.2 Textron Business Overview
6.1.3 Textron Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.1.4 Textron Low Speed Electric Vehicles Product Portfolio
6.1.5 Textron Recent Developments
6.2 Yamaha
6.2.1 Yamaha Comapny Information
6.2.2 Yamaha Business Overview
6.2.3 Yamaha Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.2.4 Yamaha Low Speed Electric Vehicles Product Portfolio
6.2.5 Yamaha Recent Developments
6.3 Polaris
6.3.1 Polaris Comapny Information
6.3.2 Polaris Business Overview
6.3.3 Polaris Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.3.4 Polaris Low Speed Electric Vehicles Product Portfolio
6.3.5 Polaris Recent Developments
6.4 Renault
6.4.1 Renault Comapny Information
6.4.2 Renault Business Overview
6.4.3 Renault Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.4.4 Renault Low Speed Electric Vehicles Product Portfolio
6.4.5 Renault Recent Developments
6.5 Garia
6.5.1 Garia Comapny Information
6.5.2 Garia Business Overview
6.5.3 Garia Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.5.4 Garia Low Speed Electric Vehicles Product Portfolio
6.5.5 Garia Recent Developments
6.6 Ingersoll Rand
6.6.1 Ingersoll Rand Comapny Information
6.6.2 Ingersoll Rand Business Overview
6.6.3 Ingersoll Rand Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.6.4 Ingersoll Rand Low Speed Electric Vehicles Product Portfolio
6.6.5 Ingersoll Rand Recent Developments
6.7 CitEcar Electric Vehicles
6.7.1 CitEcar Electric Vehicles Comapny Information
6.7.2 CitEcar Electric Vehicles Business Overview
6.7.3 CitEcar Electric Vehicles Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.7.4 CitEcar Electric Vehicles Low Speed Electric Vehicles Product Portfolio
6.7.5 CitEcar Electric Vehicles Recent Developments
6.8 Star EV
6.8.1 Star EV Comapny Information
6.8.2 Star EV Business Overview
6.8.3 Star EV Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.8.4 Star EV Low Speed Electric Vehicles Product Portfolio
6.8.5 Star EV Recent Developments
6.9 Melex
6.9.1 Melex Comapny Information
6.9.2 Melex Business Overview
6.9.3 Melex Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.9.4 Melex Low Speed Electric Vehicles Product Portfolio
6.9.5 Melex Recent Developments
6.10 Columbia
6.10.1 Columbia Comapny Information
6.10.2 Columbia Business Overview
6.10.3 Columbia Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.10.4 Columbia Low Speed Electric Vehicles Product Portfolio
6.10.5 Columbia Recent Developments
6.11 Yogomo
6.11.1 Yogomo Comapny Information
6.11.2 Yogomo Business Overview
6.11.3 Yogomo Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.11.4 Yogomo Low Speed Electric Vehicles Product Portfolio
6.11.5 Yogomo Recent Developments
6.12 Dojo
6.12.1 Dojo Comapny Information
6.12.2 Dojo Business Overview
6.12.3 Dojo Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.12.4 Dojo Low Speed Electric Vehicles Product Portfolio
6.12.5 Dojo Recent Developments
6.13 Shifeng
6.13.1 Shifeng Comapny Information
6.13.2 Shifeng Business Overview
6.13.3 Shifeng Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.13.4 Shifeng Low Speed Electric Vehicles Product Portfolio
6.13.5 Shifeng Recent Developments
6.14 Byvin
6.14.1 Byvin Comapny Information
6.14.2 Byvin Business Overview
6.14.3 Byvin Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.14.4 Byvin Low Speed Electric Vehicles Product Portfolio
6.14.5 Byvin Recent Developments
6.15 Lichi
6.15.1 Lichi Comapny Information
6.15.2 Lichi Business Overview
6.15.3 Lichi Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.15.4 Lichi Low Speed Electric Vehicles Product Portfolio
6.15.5 Lichi Recent Developments
6.16 Baoya
6.16.1 Baoya Comapny Information
6.16.2 Baoya Business Overview
6.16.3 Baoya Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.16.4 Baoya Low Speed Electric Vehicles Product Portfolio
6.16.5 Baoya Recent Developments
6.17 Fulu
6.17.1 Fulu Comapny Information
6.17.2 Fulu Business Overview
6.17.3 Fulu Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.17.4 Fulu Low Speed Electric Vehicles Product Portfolio
6.17.5 Fulu Recent Developments
6.18 Tangjun
6.18.1 Tangjun Comapny Information
6.18.2 Tangjun Business Overview
6.18.3 Tangjun Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.18.4 Tangjun Low Speed Electric Vehicles Product Portfolio
6.18.5 Tangjun Recent Developments
6.19 Xinyuzhou
6.19.1 Xinyuzhou Comapny Information
6.19.2 Xinyuzhou Business Overview
6.19.3 Xinyuzhou Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.19.4 Xinyuzhou Low Speed Electric Vehicles Product Portfolio
6.19.5 Xinyuzhou Recent Developments
6.20 GreenWheel EV
6.20.1 GreenWheel EV Comapny Information
6.20.2 GreenWheel EV Business Overview
6.20.3 GreenWheel EV Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.20.4 GreenWheel EV Low Speed Electric Vehicles Product Portfolio
6.20.5 GreenWheel EV Recent Developments
6.21 Incalu
6.21.1 Incalu Comapny Information
6.21.2 Incalu Business Overview
6.21.3 Incalu Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.21.4 Incalu Low Speed Electric Vehicles Product Portfolio
6.21.5 Incalu Recent Developments
6.22 Kandi
6.22.1 Kandi Comapny Information
6.22.2 Kandi Business Overview
6.22.3 Kandi Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.22.4 Kandi Low Speed Electric Vehicles Product Portfolio
6.22.5 Kandi Recent Developments
6.23 APACHE
6.23.1 APACHE Comapny Information
6.23.2 APACHE Business Overview
6.23.3 APACHE Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.23.4 APACHE Low Speed Electric Vehicles Product Portfolio
6.23.5 APACHE Recent Developments
6.24 Zheren
6.24.1 Zheren Comapny Information
6.24.2 Zheren Business Overview
6.24.3 Zheren Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.24.4 Zheren Low Speed Electric Vehicles Product Portfolio
6.24.5 Zheren Recent Developments
6.25 Eagle
6.25.1 Eagle Comapny Information
6.25.2 Eagle Business Overview
6.25.3 Eagle Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.25.4 Eagle Low Speed Electric Vehicles Product Portfolio
6.25.5 Eagle Recent Developments
6.26 Taiqi
6.26.1 Taiqi Comapny Information
6.26.2 Taiqi Business Overview
6.26.3 Taiqi Low Speed Electric Vehicles Production, Value and Gross Margin (2019-2024)
6.26.4 Taiqi Low Speed Electric Vehicles Product Portfolio
6.26.5 Taiqi Recent Developments
7 Global Low Speed Electric Vehicles Production by Region
7.1 Global Low Speed Electric Vehicles Production by Region: 2019 VS 2023 VS 2030
7.2 Global Low Speed Electric Vehicles Production by Region (2019-2030)
7.2.1 Global Low Speed Electric Vehicles Production by Region: 2019-2024
7.2.2 Global Low Speed Electric Vehicles Production by Region (2025-2030)
7.3 Global Low Speed Electric Vehicles Production by Region: 2019 VS 2023 VS 2030
7.4 Global Low Speed Electric Vehicles Production Value by Region (2019-2030)
7.4.1 Global Low Speed Electric Vehicles Production Value by Region: 2019-2024
7.4.2 Global Low Speed Electric Vehicles Production Value by Region (2025-2030)
7.5 Global Low Speed Electric Vehicles Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
7.6.1 North America Low Speed Electric Vehicles Production Value (2019-2030)
7.6.2 Europe Low Speed Electric Vehicles Production Value (2019-2030)
7.6.3 Asia-Pacific Low Speed Electric Vehicles Production Value (2019-2030)
7.6.4 Latin America Low Speed Electric Vehicles Production Value (2019-2030)
7.6.5 Middle East & Africa Low Speed Electric Vehicles Production Value (2019-2030)
8 Global Low Speed Electric Vehicles Consumption by Region
8.1 Global Low Speed Electric Vehicles Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Low Speed Electric Vehicles Consumption by Region (2019-2030)
8.2.1 Global Low Speed Electric Vehicles Consumption by Region (2019-2024)
8.2.2 Global Low Speed Electric Vehicles Consumption by Region (2025-2030)
8.3 North America
8.3.1 North America Low Speed Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.3.2 North America Low Speed Electric Vehicles Consumption by Country (2019-2030)
8.3.3 U.S.
8.3.4 Canada
8.4 Europe
8.4.1 Europe Low Speed Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Low Speed Electric Vehicles Consumption by Country (2019-2030)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Low Speed Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.5.2 Asia Pacific Low Speed Electric Vehicles Consumption by Country (2019-2030)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 LAMEA
8.6.1 LAMEA Low Speed Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.6.2 LAMEA Low Speed Electric Vehicles Consumption by Country (2019-2030)
8.6.3 Mexico
8.6.4 Brazil
8.6.5 Turkey
8.6.6 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Low Speed Electric Vehicles Value Chain Analysis
9.1.1 Low Speed Electric Vehicles Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Low Speed Electric Vehicles Production Mode & Process
9.2 Low Speed Electric Vehicles Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Low Speed Electric Vehicles Distributors
9.2.3 Low Speed Electric Vehicles Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings