The global electric vehicle market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles due to their low emission levels and reduced fuel consumption. The major players in this market are Tesla, Nissan, BMW, General Motors (GM), Ford Motor Company (Ford), Toyota Motor Corporation (Toyota) and Volkswagen Group.
Some Of The Growth Factors Of This Market:
- The LSEV market is driven by factors such as increasing demand for electric vehicles, rising environmental concerns, and government regulations on emission levels.
- Increasing demand for electric vehicles will drive the LSEV market growth in the near future due to their low maintenance cost and zero emissions which are beneficial for environment protection and reducing pollution levels in cities.
- Rising environmental concerns will also drive the LSEV market growth as they have zero emissions which are beneficial for environment protection and reducing pollution levels in cities.
- Government regulations on emission levels will also drive the LSEV market growth as they have zero emissions which are beneficial for environment protection and reducing pollution levels in cities.
Industry Growth Insights published a new data on “Low-speed Electric Vehicle (LSEV) Market”. The research report is titled “Low-speed Electric Vehicle (LSEV) Market research by Types (24V, 36V, 48V, 60V, 72V), By Applications (Home Use, Commercial Use), By Players/Companies YOGOMO, Shifeng Group, Fulu Vehicle, LEVDEO, KNDI, Lichi New Energy Technology, Rainchst Automobile, DURABLEV, Baoya New Energy Vehicle, Terra Motors, Zero Motorcycles, ZhiDou Electric Vehicles”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-speed Electric Vehicle (LSEV) Market Research Report
By Type
24V, 36V, 48V, 60V, 72V
By Application
Home Use, Commercial Use
By Companies
YOGOMO, Shifeng Group, Fulu Vehicle, LEVDEO, KNDI, Lichi New Energy Technology, Rainchst Automobile, DURABLEV, Baoya New Energy Vehicle, Terra Motors, Zero Motorcycles, ZhiDou Electric Vehicles
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Low-speed Electric Vehicle (LSEV) Market Report Segments:
The global Low-speed Electric Vehicle (LSEV) market is segmented on the basis of:
Types
24V, 36V, 48V, 60V, 72V
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
Home Use, Commercial Use
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:
- YOGOMO
- Shifeng Group
- Fulu Vehicle
- LEVDEO
- KNDI
- Lichi New Energy Technology
- Rainchst Automobile
- DURABLEV
- Baoya New Energy Vehicle
- Terra Motors
- Zero Motorcycles
- ZhiDou Electric Vehicles
Highlights of The Low-speed Electric Vehicle (LSEV) 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:
- 24V
- 36V
- 48V
- 60V
- 72V
- By Application:
- Home Use
- Commercial Use
- 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 Low-speed Electric Vehicle (LSEV) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A low-speed electric vehicle (LSEV) is a type of electric vehicle that travels at speeds below 25 mph.
Some of the major companies in the low-speed electric vehicle (lsev) market are YOGOMO, Shifeng Group, Fulu Vehicle, LEVDEO, KNDI, Lichi New Energy Technology, Rainchst Automobile, DURABLEV, Baoya New Energy Vehicle, Terra Motors, Zero Motorcycles, ZhiDou Electric Vehicles.
The low-speed electric vehicle (lsev) market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low-speed Electric Vehicle (LSEV) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low-speed Electric Vehicle (LSEV) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low-speed Electric Vehicle (LSEV) Market - Supply Chain
4.5. Global Low-speed Electric Vehicle (LSEV) Market Forecast
4.5.1. Low-speed Electric Vehicle (LSEV) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low-speed Electric Vehicle (LSEV) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low-speed Electric Vehicle (LSEV) Market Absolute $ Opportunity
5. Global Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
5.3.1. 24V
5.3.2. 36V
5.3.3. 48V
5.3.4. 60V
5.3.5. 72V
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low-speed Electric Vehicle (LSEV) Demand Share Forecast, 2019-2026
9. North America Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
9.7.1. 24V
9.7.2. 36V
9.7.3. 48V
9.7.4. 60V
9.7.5. 72V
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low-speed Electric Vehicle (LSEV) Demand Share Forecast, 2019-2026
10. Latin America Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
10.7.1. 24V
10.7.2. 36V
10.7.3. 48V
10.7.4. 60V
10.7.5. 72V
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low-speed Electric Vehicle (LSEV) Demand Share Forecast, 2019-2026
11. Europe Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
11.7.1. 24V
11.7.2. 36V
11.7.3. 48V
11.7.4. 60V
11.7.5. 72V
11.8. Bass Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low-speed Electric Vehicle (LSEV) Demand Share, 2019-2026
12. Asia Pacific Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
12.7.1. 24V
12.7.2. 36V
12.7.3. 48V
12.7.4. 60V
12.7.5. 72V
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low-speed Electric Vehicle (LSEV) Demand Share, 2019-2026
13. Middle East & Africa Low-speed Electric Vehicle (LSEV) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low-speed Electric Vehicle (LSEV) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low-speed Electric Vehicle (LSEV) Market Size and Volume Forecast by Type
13.7.1. 24V
13.7.2. 36V
13.7.3. 48V
13.7.4. 60V
13.7.5. 72V
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low-speed Electric Vehicle (LSEV) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low-speed Electric Vehicle (LSEV) Market: Market Share Analysis
14.2. Low-speed Electric Vehicle (LSEV) Distributors and Customers
14.3. Low-speed Electric Vehicle (LSEV) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. YOGOMO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shifeng Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fulu Vehicle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LEVDEO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KNDI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lichi New Energy Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rainchst Automobile
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DURABLEV
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Baoya New Energy Vehicle
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Terra Motors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zero Motorcycles
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ZhiDou Electric Vehicles
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook