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Automobile & Transportation Global Micro EVs Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM3023364
    • |
  • 11 January, 2024
    • |
  • Global
    • |
  • 151 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Automobile & Transportation

According to our (Global Info Research) latest study, the global Micro EVs market size was valued at USD 8415.8 million in 2023 and is forecast to a readjusted size of USD 12440 million by 2030 with a CAGR of 5.7% during review period.
A micro electric vehicle (EV) is a four-wheeled electric powered micro vehicle with an attainable speed of more than 20 miles per hour but not more than 25 miles per hour (in China, not more than 70 kilometers per hour) on a paved surface, and it usually has a gross vehicle weight rating (GVWR) of less than 3,000 pounds.

Neighborhood electric vehicles (NEVs), golf carts and utility terrain vehicles all fall into this category.
China is the largest region of Micro EVs, with a market share about 70%. Textron, Yamaha and Polaris are the major manufacturers of industry.
The Global Info Research report includes an overview of the development of the Micro EVs industry chain, the market status of Personal Use (Lead-acid Battery EVs, Lithium-ion Battery EVs), Commercial Use (Sightseeing, Golf etc.) (Lead-acid Battery EVs, Lithium-ion Battery EVs), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Micro EVs.
Regionally, the report analyzes the Micro EVs markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Micro EVs market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Micro EVs market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Micro EVs industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Lead-acid Battery EVs, Lithium-ion Battery EVs).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Micro EVs market.
Regional Analysis: The report involves examining the Micro EVs market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Micro EVs market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Micro EVs:
Company Analysis: Report covers individual Micro EVs manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Micro EVs This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Personal Use, Commercial Use (Sightseeing, Golf etc.)).
Technology Analysis: Report covers specific technologies relevant to Micro EVs. It assesses the current state, advancements, and potential future developments in Micro EVs areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Micro EVs market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Micro EVs market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Lead-acid Battery EVs
Lithium-ion Battery EVs
Market segment by Application
Personal Use
Commercial Use (Sightseeing, Golf etc.)
Public Utilities
Major players covered
Yogomo
Shifeng
Textron
Dojo
Byvin
Polaris
Lichi
Baoya
Tangjun
Yamaha
Fulu
Xinyuzhou
GreenWheel EV
Incalu
Kandi
Renault
APACHE
Garia
Zheren
Ingersoll Rand
CitEcar Electric Vehicles
Eagle
Taiqi
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Micro EVs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Micro EVs, with price, sales, revenue and global market share of Micro EVs from 2019 to 2024.
Chapter 3, the Micro EVs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Micro EVs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Micro EVs market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Micro EVs.
Chapter 14 and 15, to describe Micro EVs sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Micro EVs
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Micro EVs Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Lead-acid Battery EVs
    • 1.3.3 Lithium-ion Battery EVs
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Micro EVs Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Personal Use
    • 1.4.3 Commercial Use (Sightseeing, Golf etc.)
    • 1.4.4 Public Utilities
  • 1.5 Global Micro EVs Market Size & Forecast
    • 1.5.1 Global Micro EVs Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Micro EVs Sales Quantity (2019-2030)
    • 1.5.3 Global Micro EVs Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Yogomo
    • 2.1.1 Yogomo Details
    • 2.1.2 Yogomo Major Business
    • 2.1.3 Yogomo Micro EVs Product and Services
    • 2.1.4 Yogomo Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Yogomo Recent Developments/Updates
  • 2.2 Shifeng
    • 2.2.1 Shifeng Details
    • 2.2.2 Shifeng Major Business
    • 2.2.3 Shifeng Micro EVs Product and Services
    • 2.2.4 Shifeng Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Shifeng Recent Developments/Updates
  • 2.3 Textron
    • 2.3.1 Textron Details
    • 2.3.2 Textron Major Business
    • 2.3.3 Textron Micro EVs Product and Services
    • 2.3.4 Textron Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Textron Recent Developments/Updates
  • 2.4 Dojo
    • 2.4.1 Dojo Details
    • 2.4.2 Dojo Major Business
    • 2.4.3 Dojo Micro EVs Product and Services
    • 2.4.4 Dojo Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Dojo Recent Developments/Updates
  • 2.5 Byvin
    • 2.5.1 Byvin Details
    • 2.5.2 Byvin Major Business
    • 2.5.3 Byvin Micro EVs Product and Services
    • 2.5.4 Byvin Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Byvin Recent Developments/Updates
  • 2.6 Polaris
    • 2.6.1 Polaris Details
    • 2.6.2 Polaris Major Business
    • 2.6.3 Polaris Micro EVs Product and Services
    • 2.6.4 Polaris Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Polaris Recent Developments/Updates
  • 2.7 Lichi
    • 2.7.1 Lichi Details
    • 2.7.2 Lichi Major Business
    • 2.7.3 Lichi Micro EVs Product and Services
    • 2.7.4 Lichi Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Lichi Recent Developments/Updates
  • 2.8 Baoya
    • 2.8.1 Baoya Details
    • 2.8.2 Baoya Major Business
    • 2.8.3 Baoya Micro EVs Product and Services
    • 2.8.4 Baoya Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Baoya Recent Developments/Updates
  • 2.9 Tangjun
    • 2.9.1 Tangjun Details
    • 2.9.2 Tangjun Major Business
    • 2.9.3 Tangjun Micro EVs Product and Services
    • 2.9.4 Tangjun Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Tangjun Recent Developments/Updates
  • 2.10 Yamaha
    • 2.10.1 Yamaha Details
    • 2.10.2 Yamaha Major Business
    • 2.10.3 Yamaha Micro EVs Product and Services
    • 2.10.4 Yamaha Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Yamaha Recent Developments/Updates
  • 2.11 Fulu
    • 2.11.1 Fulu Details
    • 2.11.2 Fulu Major Business
    • 2.11.3 Fulu Micro EVs Product and Services
    • 2.11.4 Fulu Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Fulu Recent Developments/Updates
  • 2.12 Xinyuzhou
    • 2.12.1 Xinyuzhou Details
    • 2.12.2 Xinyuzhou Major Business
    • 2.12.3 Xinyuzhou Micro EVs Product and Services
    • 2.12.4 Xinyuzhou Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Xinyuzhou Recent Developments/Updates
  • 2.13 GreenWheel EV
    • 2.13.1 GreenWheel EV Details
    • 2.13.2 GreenWheel EV Major Business
    • 2.13.3 GreenWheel EV Micro EVs Product and Services
    • 2.13.4 GreenWheel EV Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 GreenWheel EV Recent Developments/Updates
  • 2.14 Incalu
    • 2.14.1 Incalu Details
    • 2.14.2 Incalu Major Business
    • 2.14.3 Incalu Micro EVs Product and Services
    • 2.14.4 Incalu Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Incalu Recent Developments/Updates
  • 2.15 Kandi
    • 2.15.1 Kandi Details
    • 2.15.2 Kandi Major Business
    • 2.15.3 Kandi Micro EVs Product and Services
    • 2.15.4 Kandi Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Kandi Recent Developments/Updates
  • 2.16 Renault
    • 2.16.1 Renault Details
    • 2.16.2 Renault Major Business
    • 2.16.3 Renault Micro EVs Product and Services
    • 2.16.4 Renault Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Renault Recent Developments/Updates
  • 2.17 APACHE
    • 2.17.1 APACHE Details
    • 2.17.2 APACHE Major Business
    • 2.17.3 APACHE Micro EVs Product and Services
    • 2.17.4 APACHE Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 APACHE Recent Developments/Updates
  • 2.18 Garia
    • 2.18.1 Garia Details
    • 2.18.2 Garia Major Business
    • 2.18.3 Garia Micro EVs Product and Services
    • 2.18.4 Garia Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 Garia Recent Developments/Updates
  • 2.19 Zheren
    • 2.19.1 Zheren Details
    • 2.19.2 Zheren Major Business
    • 2.19.3 Zheren Micro EVs Product and Services
    • 2.19.4 Zheren Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.19.5 Zheren Recent Developments/Updates
  • 2.20 Ingersoll Rand
    • 2.20.1 Ingersoll Rand Details
    • 2.20.2 Ingersoll Rand Major Business
    • 2.20.3 Ingersoll Rand Micro EVs Product and Services
    • 2.20.4 Ingersoll Rand Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.20.5 Ingersoll Rand Recent Developments/Updates
  • 2.21 CitEcar Electric Vehicles
    • 2.21.1 CitEcar Electric Vehicles Details
    • 2.21.2 CitEcar Electric Vehicles Major Business
    • 2.21.3 CitEcar Electric Vehicles Micro EVs Product and Services
    • 2.21.4 CitEcar Electric Vehicles Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.21.5 CitEcar Electric Vehicles Recent Developments/Updates
  • 2.22 Eagle
    • 2.22.1 Eagle Details
    • 2.22.2 Eagle Major Business
    • 2.22.3 Eagle Micro EVs Product and Services
    • 2.22.4 Eagle Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.22.5 Eagle Recent Developments/Updates
  • 2.23 Taiqi
    • 2.23.1 Taiqi Details
    • 2.23.2 Taiqi Major Business
    • 2.23.3 Taiqi Micro EVs Product and Services
    • 2.23.4 Taiqi Micro EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.23.5 Taiqi Recent Developments/Updates

3 Competitive Environment: Micro EVs by Manufacturer

  • 3.1 Global Micro EVs Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Micro EVs Revenue by Manufacturer (2019-2024)
  • 3.3 Global Micro EVs Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Micro EVs by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Micro EVs Manufacturer Market Share in 2023
    • 3.4.2 Top 6 Micro EVs Manufacturer Market Share in 2023
  • 3.5 Micro EVs Market: Overall Company Footprint Analysis
    • 3.5.1 Micro EVs Market: Region Footprint
    • 3.5.2 Micro EVs Market: Company Product Type Footprint
    • 3.5.3 Micro EVs Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Micro EVs Market Size by Region
    • 4.1.1 Global Micro EVs Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Micro EVs Consumption Value by Region (2019-2030)
    • 4.1.3 Global Micro EVs Average Price by Region (2019-2030)
  • 4.2 North America Micro EVs Consumption Value (2019-2030)
  • 4.3 Europe Micro EVs Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Micro EVs Consumption Value (2019-2030)
  • 4.5 South America Micro EVs Consumption Value (2019-2030)
  • 4.6 Middle East and Africa Micro EVs Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Micro EVs Sales Quantity by Type (2019-2030)
  • 5.2 Global Micro EVs Consumption Value by Type (2019-2030)
  • 5.3 Global Micro EVs Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Micro EVs Sales Quantity by Application (2019-2030)
  • 6.2 Global Micro EVs Consumption Value by Application (2019-2030)
  • 6.3 Global Micro EVs Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Micro EVs Sales Quantity by Type (2019-2030)
  • 7.2 North America Micro EVs Sales Quantity by Application (2019-2030)
  • 7.3 North America Micro EVs Market Size by Country
    • 7.3.1 North America Micro EVs Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Micro EVs Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Micro EVs Sales Quantity by Type (2019-2030)
  • 8.2 Europe Micro EVs Sales Quantity by Application (2019-2030)
  • 8.3 Europe Micro EVs Market Size by Country
    • 8.3.1 Europe Micro EVs Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Micro EVs Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Micro EVs Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Micro EVs Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Micro EVs Market Size by Region
    • 9.3.1 Asia-Pacific Micro EVs Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Micro EVs Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Micro EVs Sales Quantity by Type (2019-2030)
  • 10.2 South America Micro EVs Sales Quantity by Application (2019-2030)
  • 10.3 South America Micro EVs Market Size by Country
    • 10.3.1 South America Micro EVs Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Micro EVs Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Micro EVs Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Micro EVs Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Micro EVs Market Size by Country
    • 11.3.1 Middle East & Africa Micro EVs Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Micro EVs Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Micro EVs Market Drivers
  • 12.2 Micro EVs Market Restraints
  • 12.3 Micro EVs Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Micro EVs and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Micro EVs
  • 13.3 Micro EVs Production Process
  • 13.4 Micro EVs Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Micro EVs Typical Distributors
  • 14.3 Micro EVs Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Micro EVs . Industry analysis & Market Report on Micro EVs is a syndicated market report, published as Global Micro EVs Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Micro EVs market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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