Report Detail
Global Low Speed Vehicle Market Growth 2019-2024
- RnM3391603 |
- 07 May, 2019 |
- Global |
- 164 Pages |
- LPI(LP Information) |
- Automobile & Transportation
A low-speed vehicle (LSV) is a legal class of 4-wheel vehicles that have a maximum capable speed typically around 25 mph (40 km/h), and have a minimum capable speed (typically 20 mph (32 km/h)) that allows them to travel on public roads not accessible to all golf carts or neighborhood electric vehicles (NEV).
Attracted by the market profits, more and more companies have entered into low speed vehicle industry, the competition between manufacturers at home and abroad is fierce for the time being. For the major players of low speed vehicle industry in global market, Ingersoll Rand, Textron, Yamaha and Polaris are the leaders. In the other side, China suppliers such as Byvin Corporation, Yogomo, Dojo and Shifeng have obvious large sales market share.
For the fierce competition between suppliers, price and gross margin is expected to decrease further. Global average price of low speed vehicle is predicted to decline 4.25 thousand USD/Unit in the end of 2025, for the manufacturers, gross margin is about 13%~23%.
According to this study, over the next five years the Low Speed Vehicle market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 4967.3 million by 2024, from US$ 3619.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Low Speed Vehicle business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Low Speed Vehicle market by product type, application, key manufacturers and key regions and countries.
This study considers the Low Speed Vehicle value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electric
Diesel
Gasoline
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Personal Use
Public Utilities
Golf Cart
Sightseeing Cars
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Byvin Corporation
Yogomo
Shifeng
Ingersoll Rand
Dojo
Textron
Lichi
Polaris
Yamaha
GreenWheel EV
Xinyuzhou
Renault
Eagle
Tangjun
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Low Speed Vehicle consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Low Speed Vehicle market by identifying its various subsegments.
Focuses on the key global Low Speed Vehicle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Low Speed Vehicle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Low Speed Vehicle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Low Speed Vehicle Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Low Speed Vehicle Consumption 2014-2024
- 2.1.2 Low Speed Vehicle Consumption CAGR by Region
- 2.2 Low Speed Vehicle Segment by Type
- 2.2.1 Electric
- 2.2.2 Diesel
- 2.2.3 Gasoline
- 2.3 Low Speed Vehicle Consumption by Type
- 2.3.1 Global Low Speed Vehicle Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Low Speed Vehicle Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Low Speed Vehicle Sale Price by Type (2014-2019)
- 2.4 Low Speed Vehicle Segment by Application
- 2.4.1 Personal Use
- 2.4.2 Public Utilities
- 2.4.3 Golf Cart
- 2.4.4 Sightseeing Cars
- 2.4.5 Other
- 2.5 Low Speed Vehicle Consumption by Application
- 2.5.1 Global Low Speed Vehicle Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Low Speed Vehicle Value and Market Share by Application (2014-2019)
- 2.5.3 Global Low Speed Vehicle Sale Price by Application (2014-2019)
3 Global Low Speed Vehicle by Manufacturers
- 3.1 Global Low Speed Vehicle Sales Market Share by Manufacturers
- 3.1.1 Global Low Speed Vehicle Sales by Manufacturers (2017-2019)
- 3.1.2 Global Low Speed Vehicle Sales Market Share by Manufacturers (2017-2019)
- 3.2 Global Low Speed Vehicle Revenue Market Share by Manufacturers
- 3.2.1 Global Low Speed Vehicle Revenue by Manufacturers (2017-2019)
- 3.2.2 Global Low Speed Vehicle Revenue Market Share by Manufacturers (2017-2019)
- 3.3 Global Low Speed Vehicle Sale Price by Manufacturers
- 3.4 Global Low Speed Vehicle Manufacturing Base Distribution, Sales Area, Product Types by Manufacturers
- 3.4.1 Global Low Speed Vehicle Manufacturing Base Distribution and Sales Area by Manufacturers
- 3.4.2 Players Low Speed Vehicle Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Low Speed Vehicle by Regions
- 4.1 Low Speed Vehicle by Regions
- 4.1.1 Global Low Speed Vehicle Consumption by Regions
- 4.1.2 Global Low Speed Vehicle Value by Regions
- 4.2 Americas Low Speed Vehicle Consumption Growth
- 4.3 APAC Low Speed Vehicle Consumption Growth
- 4.4 Europe Low Speed Vehicle Consumption Growth
- 4.5 Middle East & Africa Low Speed Vehicle Consumption Growth
5 Americas
- 5.1 Americas Low Speed Vehicle Consumption by Countries
- 5.1.1 Americas Low Speed Vehicle Consumption by Countries (2014-2019)
- 5.1.2 Americas Low Speed Vehicle Value by Countries (2014-2019)
- 5.2 Americas Low Speed Vehicle Consumption by Type
- 5.3 Americas Low Speed Vehicle Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Low Speed Vehicle Consumption by Countries
- 6.1.1 APAC Low Speed Vehicle Consumption by Countries (2014-2019)
- 6.1.2 APAC Low Speed Vehicle Value by Countries (2014-2019)
- 6.2 APAC Low Speed Vehicle Consumption by Type
- 6.3 APAC Low Speed Vehicle Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Low Speed Vehicle by Countries
- 7.1.1 Europe Low Speed Vehicle Consumption by Countries (2014-2019)
- 7.1.2 Europe Low Speed Vehicle Value by Countries (2014-2019)
- 7.2 Europe Low Speed Vehicle Consumption by Type
- 7.3 Europe Low Speed Vehicle Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Low Speed Vehicle by Countries
- 8.1.1 Middle East & Africa Low Speed Vehicle Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Low Speed Vehicle Value by Countries (2014-2019)
- 8.2 Middle East & Africa Low Speed Vehicle Consumption by Type
- 8.3 Middle East & Africa Low Speed Vehicle Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Low Speed Vehicle Distributors
- 10.3 Low Speed Vehicle Customer
11 Global Low Speed Vehicle Market Forecast
- 11.1 Global Low Speed Vehicle Consumption Forecast (2019-2024)
- 11.2 Global Low Speed Vehicle Forecast by Regions
- 11.2.1 Global Low Speed Vehicle Forecast by Regions (2019-2024)
- 11.2.2 Global Low Speed Vehicle Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Low Speed Vehicle Forecast by Type
- 11.8 Global Low Speed Vehicle Forecast by Application
12 Key Players Analysis
- 12.1 Byvin Corporation
- 12.1.1 Company Details
- 12.1.2 Low Speed Vehicle Product Offered
- 12.1.3 Byvin Corporation Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Byvin Corporation News
- 12.2 Yogomo
- 12.2.1 Company Details
- 12.2.2 Low Speed Vehicle Product Offered
- 12.2.3 Yogomo Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Yogomo News
- 12.3 Shifeng
- 12.3.1 Company Details
- 12.3.2 Low Speed Vehicle Product Offered
- 12.3.3 Shifeng Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Shifeng News
- 12.4 Ingersoll Rand
- 12.4.1 Company Details
- 12.4.2 Low Speed Vehicle Product Offered
- 12.4.3 Ingersoll Rand Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Ingersoll Rand News
- 12.5 Dojo
- 12.5.1 Company Details
- 12.5.2 Low Speed Vehicle Product Offered
- 12.5.3 Dojo Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Dojo News
- 12.6 Textron
- 12.6.1 Company Details
- 12.6.2 Low Speed Vehicle Product Offered
- 12.6.3 Textron Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Textron News
- 12.7 Lichi
- 12.7.1 Company Details
- 12.7.2 Low Speed Vehicle Product Offered
- 12.7.3 Lichi Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Lichi News
- 12.8 Polaris
- 12.8.1 Company Details
- 12.8.2 Low Speed Vehicle Product Offered
- 12.8.3 Polaris Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Polaris News
- 12.9 Yamaha
- 12.9.1 Company Details
- 12.9.2 Low Speed Vehicle Product Offered
- 12.9.3 Yamaha Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Yamaha News
- 12.10 GreenWheel EV
- 12.10.1 Company Details
- 12.10.2 Low Speed Vehicle Product Offered
- 12.10.3 GreenWheel EV Low Speed Vehicle Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 GreenWheel EV News
- 12.11 Xinyuzhou
- 12.12 Renault
- 12.13 Eagle
- 12.14 Tangjun
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Low Speed Vehicle . Industry analysis & Market Report on Low Speed Vehicle is a syndicated market report, published as Global Low Speed Vehicle Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Low Speed Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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