The Low Speed Electric Vehicle Global Market Report 2023, provides comprehensive information on the low speed electric vehicle market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Low Speed Electric Vehicle Global Market Report 2023, the global low speed electric vehicle market size grew from $5.28 billion in 2022 to $6.04 billion in 2023 at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The low speed electric vehicle market size is expected to grow to $9.93 billion in 2027 at a CAGR of 13.2%.
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The low speed electric vehicle market is segmented:
1) By Vehicle Type: Electric Golf Cart, Electric Personal Utility Vehicle, Electric Low Speed Off-Road Vehicle, Electric Low Speed Heavy Duty Vehicle
2) By Battery: Lithium-Ion Battery LSEV, Lead-Acid Battery LSEV, Other Batteries
3) By Voltage: 24V, 36V, 48V, 60V, 72V
4) By Application: Personal Use, Commercial Use, Public Utilities
5) By End-User: Golf Courses, Hotels and Resorts, Tourist Destinations, Airports, Residential and Commercial Premises, Other End Users
North America was the largest region in the low speed electric vehicle market in 2022.
The table of contents in TBRC’s low speed electric vehicle market report includes:
1. Executive Summary
2. Low Speed Electric Vehicle Market Characteristics
3. Low Speed Electric Vehicle Market Trends And Strategies
4. Low Speed Electric Vehicle Market – Macro Economic Scenario
5. Low Speed Electric Vehicle Market Size And Growth
…
27. Low Speed Electric Vehicle Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Low Speed Electric Vehicle Market
29. Low Speed Electric Vehicle Market Future Outlook and Potential Analysis
30. Appendix
Top 5 Major Key Players Are:
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Low Speed Electric Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Low Speed Electric Vehicle Market, Segmentation By Battery, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Low Speed Electric Vehicle Market, Segmentation By Voltage, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…
Table 48: AGT Electric Cars Financial Performance
Table 49: Bintelli LLC Financial Performance
Table 50: Bradshaw Electric Vehicles Financial Performance
Table 51: Groupe Renault Financial Performance
Table 52: HDK Electric Vehicles Financial Performance
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