Low Speed Vehicle Market Report – Research, Industry Analysis Reports and Market Demands

Global Low Speed Vehicle Market Insights, Forecast to 2025

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Table of Content

1 Study Coverage

1.1 Low Speed Vehicle Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
- 1.4.1 Global Low Speed Vehicle Market Size Growth Rate by Type
- 1.4.2 Electric
- 1.4.3 Diesel
- 1.4.4 Gasoline
1.5 Market by Application
- 1.5.1 Global Low Speed Vehicle Market Size Growth Rate by Application
- 1.5.2 Personal Use
- 1.5.3 Public Utilities
- 1.5.4 Golf Cart
- 1.5.5 Sightseeing Cars
- 1.5.6 Other
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary

2.1 Global Low Speed Vehicle Market Size
- 2.1.1 Global Low Speed Vehicle Revenue 2014-2025
- 2.1.2 Global Low Speed Vehicle Production 2014-2025
2.2 Low Speed Vehicle 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 Low Speed Vehicle Manufacturers
  - 2.3.2.1 Low Speed Vehicle Manufacturing Base Distribution, Headquarters
  - 2.3.2.2 Manufacturers Low Speed Vehicle Product Offered
  - 2.3.2.3 Date of Manufacturers Enter into Low Speed Vehicle Market
2.4 Key Trends for Low Speed Vehicle Markets & Products

3 Market Size by Manufacturers

3.1 Low Speed Vehicle Production by Manufacturers
- 3.1.1 Low Speed Vehicle Production by Manufacturers
- 3.1.2 Low Speed Vehicle Production Market Share by Manufacturers
3.2 Low Speed Vehicle Revenue by Manufacturers
- 3.2.1 Low Speed Vehicle Revenue by Manufacturers (2014-2019)
- 3.2.2 Low Speed Vehicle Revenue Share by Manufacturers (2014-2019)
3.3 Low Speed Vehicle Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Low Speed Vehicle Production by Regions

4.1 Global Low Speed Vehicle Production by Regions
- 4.1.1 Global Low Speed Vehicle Production Market Share by Regions
- 4.1.2 Global Low Speed Vehicle Revenue Market Share by Regions
4.2 United States
- 4.2.1 United States Low Speed Vehicle Production
- 4.2.2 United States Low Speed Vehicle Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Low Speed Vehicle Import & Export
4.3 Europe
- 4.3.1 Europe Low Speed Vehicle Production
- 4.3.2 Europe Low Speed Vehicle Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Low Speed Vehicle Import & Export
4.4 China
- 4.4.1 China Low Speed Vehicle Production
- 4.4.2 China Low Speed Vehicle Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Low Speed Vehicle Import & Export
4.5 Japan
- 4.5.1 Japan Low Speed Vehicle Production
- 4.5.2 Japan Low Speed Vehicle Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Low Speed Vehicle Import & Export
4.6 South Korea
- 4.6.1 South Korea Low Speed Vehicle Production
- 4.6.2 South Korea Low Speed Vehicle Revenue
- 4.6.3 Key Players in South Korea
- 4.6.4 South Korea Low Speed Vehicle Import & Export
4.7 India
- 4.7.1 India Low Speed Vehicle Production
- 4.7.2 India Low Speed Vehicle Revenue
- 4.7.3 Key Players in India
- 4.7.4 India Low Speed Vehicle Import & Export
4.8 Other Regions

5 Low Speed Vehicle Consumption by Regions

5.1 Global Low Speed Vehicle Consumption by Regions
- 5.1.1 Global Low Speed Vehicle Consumption by Regions
- 5.1.2 Global Low Speed Vehicle Consumption Market Share by Regions
5.2 North America
- 5.2.1 North America Low Speed Vehicle Consumption by Application
- 5.2.2 North America Low Speed Vehicle Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
5.3 Europe
- 5.3.1 Europe Low Speed Vehicle Consumption by Application
- 5.3.2 Europe Low Speed Vehicle 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 Low Speed Vehicle Consumption by Application
- 5.4.2 Asia Pacific Low Speed Vehicle 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 Low Speed Vehicle Consumption by Application
- 5.5.2 Central & South America Low Speed Vehicle Consumption by Country
- 5.5.3 Brazil
5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Low Speed Vehicle Consumption by Application
- 5.6.2 Middle East and Africa Low Speed Vehicle 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 Low Speed Vehicle Production by Type
6.2 Global Low Speed Vehicle Revenue by Type
6.3 Low Speed Vehicle Price by Type

7 Market Size by Application

7.1 Overview
7.2 Global Low Speed Vehicle Breakdown Dada by Application
- 7.2.1 Global Low Speed Vehicle Consumption by Application
- 7.2.2 Global Low Speed Vehicle Consumption Market Share by Application (2014-2019)

8 Key Industry Players

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 Low Speed Vehicle Production and Revenue Forecast
- 10.1.1 Global Low Speed Vehicle Production Forecast 2019-2025
- 10.1.2 Global Low Speed Vehicle Revenue Forecast 2019-2025
10.2 Low Speed Vehicle Production and Revenue Forecast by Regions
- 10.2.1 Global Low Speed Vehicle Revenue Forecast by Regions
- 10.2.2 Global Low Speed Vehicle Production Forecast by Regions
10.3 Low Speed Vehicle 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 Low Speed Vehicle Production Forecast by Type
- 10.4.2 Global Low Speed Vehicle Revenue Forecast by Type

11 Consumption Forecast

11.1 Low Speed Vehicle Consumption Forecast by Application
11.2 Low Speed Vehicle Consumption Forecast by Regions
11.3 North America Market Consumption Forecast
- 11.3.1 North America Low Speed Vehicle 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 Low Speed Vehicle 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 Low Speed Vehicle 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 Low Speed Vehicle 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 Low Speed Vehicle 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 Low Speed Vehicle 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
14.2 Author Details

Description

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%.
Global Low Speed Vehicle market size will reach 5674.6 million US$ by 2025, from 3700 million US$ in 2018, at a CAGR of 6.3% 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 Low Speed Vehicle.

This industry study presents the global Low Speed Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Low Speed Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of Low Speed Vehicle 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 Byvin Corporation, Yogomo, etc.

The following manufacturers are covered in this report:
Byvin Corporation
Yogomo
Shifeng
Ingersoll Rand
Dojo
Textron
Lichi
Polaris
Yamaha
GreenWheel EV
Xinyuzhou
Renault
Eagle
Tangjun

Low Speed Vehicle Breakdown Data by Type
Electric
Diesel
Gasoline
Low Speed Vehicle Breakdown Data by Application
Personal Use
Public Utilities
Golf Cart
Sightseeing Cars
Other

Low Speed Vehicle Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

Low Speed Vehicle Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
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 Low Speed Vehicle status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Low Speed Vehicle manufacturers, production, revenue, market share, Recent Development 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 Low Speed Vehicle :
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 Low Speed Vehicle 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.