Global Electric Utility Vehicles Market Growth 2025-2031

The global Electric Utility Vehicles market size is predicted to grow from US$ 498 million in 2025 to US$ 695 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.

Electric utility vehicles are a quiet, green alternative to utility terrain vehicles powered by internal combustion engines.

Global Electric Utility Vehicles key players include Club Car, Polaris, Ligier Professional, E-Z-GO, Alke, etc. Global top five manufacturers hold a share over 50%.

North America is the largest market, with a share over 40%, followed by Asia-Pacific and Europe, both have a share over 40% percent.

In terms of product, Acid Lead Type is the largest segment, with a share over 70%. And in terms of application, the largest application is Industrial Use, followed by Commercial Use and Private Use.

LP Information, Inc. (LPI) ' newest research report, the “Electric Utility Vehicles Industry Forecast” looks at past sales and reviews total world Electric Utility Vehicles sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Utility Vehicles sales for 2025 through 2031. With Electric Utility Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Utility Vehicles industry.

This Insight Report provides a comprehensive analysis of the global Electric Utility Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Utility Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Utility Vehicles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Utility Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Utility Vehicles.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Utility Vehicles market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Acid Lead Type
Gel Lead Type
Lithium Ion Type

Segmentation by Application:
Commercial Use
Municipal Use
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Club Car
Polaris
Ligier Professional
E-Z-GO
Alke
Marshell
Taylor-Dunn
John Deere
STAR EV
Guangdong Lvtong
Goupil
Melex
Addax
Garia Utility
Esagono Energia
Pilotcar
Piaggio
Tropos Motors
Inzile

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Utility Vehicles market?

What factors are driving Electric Utility Vehicles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Utility Vehicles market opportunities vary by end market size?

How does Electric Utility Vehicles break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.