Market Overview:
Electric tourist cars are widely used in park areas, airports, campuses, public security and comprehensive management patrols, factories and other places. The market for electric tourist cars is expected to grow at a CAGR of XX% from 2018 to 2030. Some of the factors that are driving the growth of this market include the increasing demand for electric vehicles due to environmental concerns and government initiatives worldwide, rising disposable income levels in developing countries and technological advancements in electric tourist car designs. However, high initial costs associated with these vehicles may restrain the growth of this market during the forecast period.
Product Definition:
Electric tourist cars are electric vehicles that are used for tourism purposes. They can be used for a variety of reasons, including sightseeing, transportation, and as back-up vehicles. Electric tourist cars are important because they help reduce pollution and save energy.
DC Motor Drive:
DC motor drive is a method of converting the electrical energy generated from the engine into mechanical energy by using a DC power supply. The mechanical energy then drives all vehicle components including steering wheel, gears, and axles. This system is used in electric tourist cars as it offers high torque at low speeds which helps to provide better acceleration and deceleration characteristics required for driving on narrow streets with limited space between buildings.
AC Motor Drive:
AC motor drive is a method of converting the electric energy generated in an AC power source to mechanical energy in the form of rotary motion. The conversion process involves using a commutator, brushes or slip rings and field coils as electrical conductors. The electric current produced by such a system is passed through the field coil which produces direct current (DC) electricity that drives an AC motor for generating mechanical power output.
Application Insights:
The market is segmented by application into a park area, airport, campus, public security and comprehensive management patrol (CMMP), factory, and other. The DC motor drive was the dominant type in 2017 owing to its ability to provide high power with low weight and size combination. Moreover, the technology has been refined over the years resulting in lower costs associated with its implementation as compared to AC motors. CMMP is expected to be one of the fastest-growing segments over the forecast period owing to factors such as government initiatives that are aimed at improving road safety for pedestrians across various countries including China Japan Australia New Zealand Malaysia India Thailand Singapore Belgium France Germany Poland United Kingdom Italy Spain Russia Brazil Argentina Mexico Colombia Chile These factors are anticipated result in an increased demand for electric tourist cars from CMMP patrolling agencies worldwide.
Regional Analysis:
North America accounted for the largest market share of over 40% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing focus on eco-friendly vehicles by the U.S and Canadian governments, which has resulted in a high demand for these electric cars. Moreover, presence of major manufacturers such as Tesla Inc., Ford Motor Company and Chevrolet that have been consistently working on improving their product portfolio will also drive regional growth over the next eight years.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for electric vehicles from the automotive sector
- Government initiatives and subsidies for electric vehicles
- Rising concerns over environmental pollution and climate change
- Technological advancements in electric vehicle batteries and charging infrastructure
- Growing popularity of shared mobility services
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Tourist Cars Market Research Report
By Type
DC Motor Drive, AC Motor Drive
By Application
Park Area, Airport, Campus, Public Security and Comprehensive Management Patrol, Factory, Other
By Companies
Marshell, EXCAR, Melex, Proterra, UNVI, Navya, Guangdong Yatian Industrial Co., Ltd., Shandong Haike Vehicle Industry Technology Co., Ltd., Henan Helida New Energy Vehicle Manufacturing Co., Ltd., Zhengzhou Yutong Group Co., Ltd., Dongguan Excar Electric Vehicle Co., Ltd., Dongguan Shengyi Electromechanical Technology Co., Ltd., Wuhan Kerong Vehicle Industry Co., Ltd., Guangzhou Langqing Electric Vehicle Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Electric Tourist Cars Market Report Segments:
The global Electric Tourist Cars market is segmented on the basis of:
Types
DC Motor Drive, AC Motor Drive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Park Area, Airport, Campus, Public Security and Comprehensive Management Patrol, Factory, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Marshell
- EXCAR
- Melex
- Proterra
- UNVI
- Navya
- Guangdong Yatian Industrial Co., Ltd.
- Shandong Haike Vehicle Industry Technology Co., Ltd.
- Henan Helida New Energy Vehicle Manufacturing Co., Ltd.
- Zhengzhou Yutong Group Co., Ltd.
- Dongguan Excar Electric Vehicle Co., Ltd.
- Dongguan Shengyi Electromechanical Technology Co., Ltd.
- Wuhan Kerong Vehicle Industry Co., Ltd.
- Guangzhou Langqing Electric Vehicle Co., Ltd.
Highlights of The Electric Tourist Cars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DC Motor Drive
- AC Motor Drive
- By Application:
- Park Area
- Airport
- Campus
- Public Security and Comprehensive Management Patrol
- Factory
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Tourist Cars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric tourist cars are electric vehicles that are specifically designed for tourists. They have features that make them easy to use, such as large windows and comfortable seats. These cars also have chargers installed so that they can be charged while on the road.
Some of the major companies in the electric tourist cars market are Marshell, EXCAR, Melex, Proterra, UNVI, Navya, Guangdong Yatian Industrial Co., Ltd., Shandong Haike Vehicle Industry Technology Co., Ltd., Henan Helida New Energy Vehicle Manufacturing Co., Ltd., Zhengzhou Yutong Group Co., Ltd., Dongguan Excar Electric Vehicle Co., Ltd., Dongguan Shengyi Electromechanical Technology Co., Ltd., Wuhan Kerong Vehicle Industry Co., Ltd., Guangzhou Langqing Electric Vehicle Co., Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Tourist Cars Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electric Tourist Cars Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Tourist Cars Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electric Tourist Cars Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electric Tourist Cars Market Size & Forecast, 2018-2028 4.5.1 Electric Tourist Cars Market Size and Y-o-Y Growth 4.5.2 Electric Tourist Cars Market Absolute $ Opportunity
Chapter 5 Global Electric Tourist Cars Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Tourist Cars Market Size Forecast by Type
5.2.1 DC Motor Drive
5.2.2 AC Motor Drive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Tourist Cars Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Tourist Cars Market Size Forecast by Applications
6.2.1 Park Area
6.2.2 Airport
6.2.3 Campus
6.2.4 Public Security and Comprehensive Management Patrol
6.2.5 Factory
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Tourist Cars Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Tourist Cars Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Tourist Cars Analysis and Forecast
9.1 Introduction
9.2 North America Electric Tourist Cars Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Tourist Cars Market Size Forecast by Type
9.6.1 DC Motor Drive
9.6.2 AC Motor Drive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Tourist Cars Market Size Forecast by Applications
9.10.1 Park Area
9.10.2 Airport
9.10.3 Campus
9.10.4 Public Security and Comprehensive Management Patrol
9.10.5 Factory
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Tourist Cars Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Tourist Cars Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Tourist Cars Market Size Forecast by Type
10.6.1 DC Motor Drive
10.6.2 AC Motor Drive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Tourist Cars Market Size Forecast by Applications
10.10.1 Park Area
10.10.2 Airport
10.10.3 Campus
10.10.4 Public Security and Comprehensive Management Patrol
10.10.5 Factory
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Tourist Cars Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Tourist Cars Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Tourist Cars Market Size Forecast by Type
11.6.1 DC Motor Drive
11.6.2 AC Motor Drive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Tourist Cars Market Size Forecast by Applications
11.10.1 Park Area
11.10.2 Airport
11.10.3 Campus
11.10.4 Public Security and Comprehensive Management Patrol
11.10.5 Factory
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Tourist Cars Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Tourist Cars Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Tourist Cars Market Size Forecast by Type
12.6.1 DC Motor Drive
12.6.2 AC Motor Drive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Tourist Cars Market Size Forecast by Applications
12.10.1 Park Area
12.10.2 Airport
12.10.3 Campus
12.10.4 Public Security and Comprehensive Management Patrol
12.10.5 Factory
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Tourist Cars Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Tourist Cars Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Tourist Cars Market Size Forecast by Type
13.6.1 DC Motor Drive
13.6.2 AC Motor Drive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Tourist Cars Market Size Forecast by Applications
13.10.1 Park Area
13.10.2 Airport
13.10.3 Campus
13.10.4 Public Security and Comprehensive Management Patrol
13.10.5 Factory
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Tourist Cars Market: Competitive Dashboard
14.2 Global Electric Tourist Cars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marshell
14.3.2 EXCAR
14.3.3 Melex
14.3.4 Proterra
14.3.5 UNVI
14.3.6 Navya
14.3.7 Guangdong Yatian Industrial Co., Ltd.
14.3.8 Shandong Haike Vehicle Industry Technology Co., Ltd.
14.3.9 Henan Helida New Energy Vehicle Manufacturing Co., Ltd.
14.3.10 Zhengzhou Yutong Group Co., Ltd.
14.3.11 Dongguan Excar Electric Vehicle Co., Ltd.
14.3.12 Dongguan Shengyi Electromechanical Technology Co., Ltd.
14.3.13 Wuhan Kerong Vehicle Industry Co., Ltd.
14.3.14 Guangzhou Langqing Electric Vehicle Co., Ltd.