Global Electric Utility Vehicles Market Insights, Forecast to 2025
Table of Contents
1 Study Coverage
- 1.1 Electric Utility Vehicles Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Electric Utility Vehicles Market Size Growth Rate by Type
- 1.4.2 Acid Lead Type
- 1.4.3 Gel Lead Type
- 1.4.4 Lithium Ion Type
- 1.5 Market by Application
- 1.5.1 Global Electric Utility Vehicles Market Size Growth Rate by Application
- 1.5.2 Commercial Use
- 1.5.3 Industrial Use
- 1.5.4 Private Use
- 1.5.5 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Electric Utility Vehicles Market Size
- 2.1.1 Global Electric Utility Vehicles Revenue 2014-2025
- 2.1.2 Global Electric Utility Vehicles Production 2014-2025
- 2.2 Electric Utility Vehicles Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Electric Utility Vehicles Manufacturers
- 2.3.2.1 Electric Utility Vehicles Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Electric Utility Vehicles Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Electric Utility Vehicles Market
- 2.4 Key Trends for Electric Utility Vehicles Markets & Products
3 Market Size by Manufacturers
- 3.1 Electric Utility Vehicles Production by Manufacturers
- 3.1.1 Electric Utility Vehicles Production by Manufacturers
- 3.1.2 Electric Utility Vehicles Production Market Share by Manufacturers
- 3.2 Electric Utility Vehicles Revenue by Manufacturers
- 3.2.1 Electric Utility Vehicles Revenue by Manufacturers (2014-2019)
- 3.2.2 Electric Utility Vehicles Revenue Share by Manufacturers (2014-2019)
- 3.3 Electric Utility Vehicles Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Electric Utility Vehicles Production by Regions
- 4.1 Global Electric Utility Vehicles Production by Regions
- 4.1.1 Global Electric Utility Vehicles Production Market Share by Regions
- 4.1.2 Global Electric Utility Vehicles Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Electric Utility Vehicles Production
- 4.2.2 United States Electric Utility Vehicles Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Electric Utility Vehicles Import & Export
- 4.3 Europe
- 4.3.1 Europe Electric Utility Vehicles Production
- 4.3.2 Europe Electric Utility Vehicles Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Electric Utility Vehicles Import & Export
- 4.4 China
- 4.4.1 China Electric Utility Vehicles Production
- 4.4.2 China Electric Utility Vehicles Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Electric Utility Vehicles Import & Export
- 4.5 Japan
- 4.5.1 Japan Electric Utility Vehicles Production
- 4.5.2 Japan Electric Utility Vehicles Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Electric Utility Vehicles Import & Export
- 4.6 South Korea
- 4.6.1 South Korea Electric Utility Vehicles Production
- 4.6.2 South Korea Electric Utility Vehicles Revenue
- 4.6.3 Key Players in South Korea
- 4.6.4 South Korea Electric Utility Vehicles Import & Export
- 4.7 India
- 4.7.1 India Electric Utility Vehicles Production
- 4.7.2 India Electric Utility Vehicles Revenue
- 4.7.3 Key Players in India
- 4.7.4 India Electric Utility Vehicles Import & Export
- 4.8 Other Regions
5 Electric Utility Vehicles Consumption by Regions
- 5.1 Global Electric Utility Vehicles Consumption by Regions
- 5.1.1 Global Electric Utility Vehicles Consumption by Regions
- 5.1.2 Global Electric Utility Vehicles Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Electric Utility Vehicles Consumption by Application
- 5.2.2 North America Electric Utility Vehicles Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Electric Utility Vehicles Consumption by Application
- 5.3.2 Europe Electric Utility Vehicles Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Electric Utility Vehicles Consumption by Application
- 5.4.2 Asia Pacific Electric Utility Vehicles Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Electric Utility Vehicles Consumption by Application
- 5.5.2 Central & South America Electric Utility Vehicles Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Electric Utility Vehicles Consumption by Application
- 5.6.2 Middle East and Africa Electric Utility Vehicles Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Electric Utility Vehicles Production by Type
- 6.2 Global Electric Utility Vehicles Revenue by Type
- 6.3 Electric Utility Vehicles Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Electric Utility Vehicles Breakdown Dada by Application
- 7.2.1 Global Electric Utility Vehicles Consumption by Application
- 7.2.2 Global Electric Utility Vehicles Consumption Market Share by Application (2014-2019)
8 Key Industry Players
- 8.1 Club Car
- 8.1.1 Club Car Company Details
- 8.1.2 Production and Revenue of Electric Utility Vehicles
- 8.1.3 Club Car Electric Utility Vehicles Product Description
- 8.1.4 SWOT Analysis
- 8.1.5 Club Car Economic Activity & Plans
- 8.2 Polaris
- 8.2.1 Polaris Company Details
- 8.2.2 Production and Revenue of Electric Utility Vehicles
- 8.2.3 Polaris Electric Utility Vehicles Product Description
- 8.2.4 SWOT Analysis
- 8.2.5 Polaris Economic Activity & Plans
- 8.3 Ligier Professional
- 8.3.1 Ligier Professional Company Details
- 8.3.2 Production and Revenue of Electric Utility Vehicles
- 8.3.3 Ligier Professional Electric Utility Vehicles Product Description
- 8.3.4 SWOT Analysis
- 8.3.5 Ligier Professional Economic Activity & Plans
- 8.4 E-Z-GO
- 8.4.1 E-Z-GO Company Details
- 8.4.2 Production and Revenue of Electric Utility Vehicles
- 8.4.3 E-Z-GO Electric Utility Vehicles Product Description
- 8.4.4 SWOT Analysis
- 8.4.5 E-Z-GO Economic Activity & Plans
- 8.5 Alke
- 8.5.1 Alke Company Details
- 8.5.2 Production and Revenue of Electric Utility Vehicles
- 8.5.3 Alke Electric Utility Vehicles Product Description
- 8.5.4 SWOT Analysis
- 8.5.5 Alke Economic Activity & Plans
- 8.6 Marshell
- 8.6.1 Marshell Company Details
- 8.6.2 Production and Revenue of Electric Utility Vehicles
- 8.6.3 Marshell Electric Utility Vehicles Product Description
- 8.6.4 SWOT Analysis
- 8.6.5 Marshell Economic Activity & Plans
- 8.7 Taylor-Dunn
- 8.7.1 Taylor-Dunn Company Details
- 8.7.2 Production and Revenue of Electric Utility Vehicles
- 8.7.3 Taylor-Dunn Electric Utility Vehicles Product Description
- 8.7.4 SWOT Analysis
- 8.7.5 Taylor-Dunn Economic Activity & Plans
- 8.8 John Deere
- 8.8.1 John Deere Company Details
- 8.8.2 Production and Revenue of Electric Utility Vehicles
- 8.8.3 John Deere Electric Utility Vehicles Product Description
- 8.8.4 SWOT Analysis
- 8.8.5 John Deere Economic Activity & Plans
- 8.9 STAR EV
- 8.9.1 STAR EV Company Details
- 8.9.2 Production and Revenue of Electric Utility Vehicles
- 8.9.3 STAR EV Electric Utility Vehicles Product Description
- 8.9.4 SWOT Analysis
- 8.9.5 STAR EV Economic Activity & Plans
- 8.10 Guangdong Lvtong
- 8.10.1 Guangdong Lvtong Company Details
- 8.10.2 Production and Revenue of Electric Utility Vehicles
- 8.10.3 Guangdong Lvtong Electric Utility Vehicles Product Description
- 8.10.4 SWOT Analysis
- 8.10.5 Guangdong Lvtong Economic Activity & Plans
9 Entry Strategy for Key Countries
- 9.1 Entry Strategy for United States Market
- 9.2 Entry Strategy for China Market
- 9.3 Entry Strategy for India Market
10 Production Forecasts
- 10.1 Electric Utility Vehicles Production and Revenue Forecast
- 10.1.1 Global Electric Utility Vehicles Production Forecast 2019-2025
- 10.1.2 Global Electric Utility Vehicles Revenue Forecast 2019-2025
- 10.2 Electric Utility Vehicles Production and Revenue Forecast by Regions
- 10.2.1 Global Electric Utility Vehicles Revenue Forecast by Regions
- 10.2.2 Global Electric Utility Vehicles Production Forecast by Regions
- 10.3 Electric Utility Vehicles Key Producers Forecast
- 10.3.1 United States
- 10.3.2 Europe
- 10.3.3 China
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 India
- 10.4 Forecast by Type
- 10.4.1 Global Electric Utility Vehicles Production Forecast by Type
- 10.4.2 Global Electric Utility Vehicles Revenue Forecast by Type
11 Consumption Forecast
- 11.1 Electric Utility Vehicles Consumption Forecast by Application
- 11.2 Electric Utility Vehicles Consumption Forecast by Regions
- 11.3 North America Market Consumption Forecast
- 11.3.1 North America Electric Utility Vehicles Consumption Forecast by Regions 2019-2025
- 11.3.2 United States
- 11.3.3 Canada
- 11.3.4 Mexico
- 11.4 Europe Market Consumption Forecast
- 11.4.1 Europe Electric Utility Vehicles Consumption Forecast by Regions 2019-2025
- 11.4.2 Germany
- 11.4.3 France
- 11.4.4 UK
- 11.4.5 Italy
- 11.4.6 Russia
- 11.5 Asia Pacific Market Consumption Forecast
- 11.5.1 Asia Pacific Electric Utility Vehicles Consumption Forecast by Regions 2019-2025
- 11.5.2 China
- 11.5.3 Japan
- 11.5.4 South Korea
- 11.5.5 India
- 11.5.6 Australia
- 11.5.7 Indonesia
- 11.5.8 Thailand
- 11.5.9 Malaysia
- 11.5.10 Philippines
- 11.5.11 Vietnam
- 11.6 Central & South America Market Consumption Forecast
- 11.6.1 Central & South America Electric Utility Vehicles Consumption Forecast by Regions 2019-2025
- 11.6.2 Brazil
- 11.7 Middle East and Africa Market Consumption Forecast
- 11.7.1 Middle East and Africa Electric Utility Vehicles Consumption Forecast by Regions 2019-2025
- 11.7.2 GCC Countries
- 11.7.3 Egypt
- 11.7.4 South Africa
12 Opportunities & Challenges, Threat and Affecting Factors
- 12.1 Market Opportunities
- 12.2 Market Challenges
- 12.3 Porter's Five Forces Analysis
13 Key Findings in the Global Electric Utility Vehicles Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Electric utility vehicles are a quiet, green alternative to utility terrain vehicles powered by internal combustion engines.
In the coming years there is an increasing demand for Electric Utility Vehicles in the regions of North America and Europe that is expected to drive the market for more advanced Electric Utility Vehicles. Increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on commercial industry, retrofitting and renovation of old technology, increasing adoption of Electric Utility Vehicles will drive growth in North America and Europe markets.
Globally, the Electric Utility Vehicles industry market is an oligopoly as the manufacturing technology of Electric Utility Vehicles is relatively matures than some high-tech equipment. And some enterprises, like Club Car, Polaris, Ligier Professional, etc. are well-known for the wonderful performance of their Electric Utility Vehicles and related services. At the same time, North America, occupied 43.79% Sales market share in 2015, is remarkable in the global Electric Utility Vehicles industry because of their market share and technology status of Electric Utility Vehicles.
The sales of Electric Utility Vehicles are also related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Electric Utility Vehicles industry may not keep that fast. But it is surely forecasted that the market of Electric Utility Vehicles is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Electric Utility Vehicles market to approach these areas. QYR analysis of the Electric Utility Vehicles market indicated that North America would account for the highest Sales in 2017 with close to 44 percent of global Sales coming from this region, but China has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Electric Utility Vehicles is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Electric Utility Vehicles and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
Global Electric Utility Vehicles market size will reach 560 million US$ by 2025, from 370 million US$ in 2018, at a CAGR of 5.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Electric Utility Vehicles.
This industry study presents the global Electric Utility Vehicles market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Electric Utility Vehicles production, revenue and market share by manufacturers, key regions and type;
The consumption of Electric Utility Vehicles in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Club Car, Polaris, etc.
The following manufacturers are covered in this report:
Club Car
Polaris
Ligier Professional
E-Z-GO
Alke
Marshell
Taylor-Dunn
John Deere
STAR EV
Guangdong Lvtong
Electric Utility Vehicles Breakdown Data by Type
Acid Lead Type
Gel Lead Type
Lithium Ion Type
Electric Utility Vehicles Breakdown Data by Application
Commercial Use
Industrial Use
Private Use
Others
Electric Utility Vehicles Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Electric Utility Vehicles Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electric Utility Vehicles status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electric Utility Vehicles manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Utility Vehicles :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Utility Vehicles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.