Report Detail
Global Micro EVs Market Growth 2019-2024
- RnM2847856 |
- 31 January, 2019 |
- Global |
- 178 Pages |
- LPI(LP Information) |
- Automobile & Transportation
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.
Global Sales of Micro EVs surged in the past two years with the good sales of scooters in China market. Global Micro EVs are expected to sell 2.51 million units in 2025 and more than 80% will appear in China market, which exhibits a promising trend of the industry. For the products types, lithium ion batteries based Micro EVs are more favored in USA, Europe and Japan, while lead-acid batteries based products take a large market share in China.
Attracted by the market profits, more and more companies have entered into Micro EVs industry, the competition between manufacturers at home and abroad is fierce for the time being. For the major players of Micro EVs industry in global market, Textron, Yamaha and Polaris are the leaders. In the other side, China suppliers such as 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 Micro EVs is predicted to decline 4.06 thousand USD/Unit in the end of 2025, for the manufacturers, gross margin is about 15%~23%.
According to this study, over the next five years the Micro EVs market will register a 8.3% CAGR in terms of revenue, the global market size will reach US$ 9220 million by 2024, from US$ 5720 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Micro EVs business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Micro EVs market by product type, application, key manufacturers and key regions and countries.
This study considers the Micro EVs 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.
Lead-acid Battery EVs
Lithium-ion Battery EVs
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Personal Use
Commercial Use (Sightseeing, Golf etc.)
Public Utilities
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.
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
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 Micro EVs 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 Micro EVs market by identifying its various subsegments.
Focuses on the key global Micro EVs 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 Micro EVs 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 Micro EVs 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 Micro EVs 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 Micro EVs Consumption 2014-2024
- 2.1.2 Micro EVs Consumption CAGR by Region
- 2.2 Micro EVs Segment by Type
- 2.2.1 Lead-acid Battery EVs
- 2.2.2 Lithium-ion Battery EVs
- 2.3 Micro EVs Consumption by Type
- 2.3.1 Global Micro EVs Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Micro EVs Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Micro EVs Sale Price by Type (2014-2019)
- 2.4 Micro EVs Segment by Application
- 2.4.1 Personal Use
- 2.4.2 Commercial Use (Sightseeing, Golf etc.)
- 2.4.3 Public Utilities
- 2.5 Micro EVs Consumption by Application
- 2.5.1 Global Micro EVs Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Micro EVs Value and Market Share by Application (2014-2019)
- 2.5.3 Global Micro EVs Sale Price by Application (2014-2019)
3 Global Micro EVs by Players
- 3.1 Global Micro EVs Sales Market Share by Players
- 3.1.1 Global Micro EVs Sales by Players (2017-2019)
- 3.1.2 Global Micro EVs Sales Market Share by Players (2017-2019)
- 3.2 Global Micro EVs Revenue Market Share by Players
- 3.2.1 Global Micro EVs Revenue by Players (2017-2019)
- 3.2.2 Global Micro EVs Revenue Market Share by Players (2017-2019)
- 3.3 Global Micro EVs Sale Price by Players
- 3.4 Global Micro EVs Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Micro EVs Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Micro EVs 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 Micro EVs by Regions
- 4.1 Micro EVs by Regions
- 4.1.1 Global Micro EVs Consumption by Regions
- 4.1.2 Global Micro EVs Value by Regions
- 4.2 Americas Micro EVs Consumption Growth
- 4.3 APAC Micro EVs Consumption Growth
- 4.4 Europe Micro EVs Consumption Growth
- 4.5 Middle East & Africa Micro EVs Consumption Growth
5 Americas
- 5.1 Americas Micro EVs Consumption by Countries
- 5.1.1 Americas Micro EVs Consumption by Countries (2014-2019)
- 5.1.2 Americas Micro EVs Value by Countries (2014-2019)
- 5.2 Americas Micro EVs Consumption by Type
- 5.3 Americas Micro EVs 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 Micro EVs Consumption by Countries
- 6.1.1 APAC Micro EVs Consumption by Countries (2014-2019)
- 6.1.2 APAC Micro EVs Value by Countries (2014-2019)
- 6.2 APAC Micro EVs Consumption by Type
- 6.3 APAC Micro EVs 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 Micro EVs by Countries
- 7.1.1 Europe Micro EVs Consumption by Countries (2014-2019)
- 7.1.2 Europe Micro EVs Value by Countries (2014-2019)
- 7.2 Europe Micro EVs Consumption by Type
- 7.3 Europe Micro EVs 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 Micro EVs by Countries
- 8.1.1 Middle East & Africa Micro EVs Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Micro EVs Value by Countries (2014-2019)
- 8.2 Middle East & Africa Micro EVs Consumption by Type
- 8.3 Middle East & Africa Micro EVs 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 Micro EVs Distributors
- 10.3 Micro EVs Customer
11 Global Micro EVs Market Forecast
- 11.1 Global Micro EVs Consumption Forecast (2019-2024)
- 11.2 Global Micro EVs Forecast by Regions
- 11.2.1 Global Micro EVs Forecast by Regions (2019-2024)
- 11.2.2 Global Micro EVs 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 Micro EVs Forecast by Type
- 11.8 Global Micro EVs Forecast by Application
12 Key Players Analysis
- 12.1 Yogomo
- 12.1.1 Company Details
- 12.1.2 Micro EVs Product Offered
- 12.1.3 Yogomo Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Yogomo News
- 12.2 Shifeng
- 12.2.1 Company Details
- 12.2.2 Micro EVs Product Offered
- 12.2.3 Shifeng Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Shifeng News
- 12.3 Textron
- 12.3.1 Company Details
- 12.3.2 Micro EVs Product Offered
- 12.3.3 Textron Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Textron News
- 12.4 Dojo
- 12.4.1 Company Details
- 12.4.2 Micro EVs Product Offered
- 12.4.3 Dojo Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Dojo News
- 12.5 Byvin
- 12.5.1 Company Details
- 12.5.2 Micro EVs Product Offered
- 12.5.3 Byvin Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Byvin News
- 12.6 Polaris
- 12.6.1 Company Details
- 12.6.2 Micro EVs Product Offered
- 12.6.3 Polaris Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Polaris News
- 12.7 Lichi
- 12.7.1 Company Details
- 12.7.2 Micro EVs Product Offered
- 12.7.3 Lichi Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Lichi News
- 12.8 Baoya
- 12.8.1 Company Details
- 12.8.2 Micro EVs Product Offered
- 12.8.3 Baoya Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Baoya News
- 12.9 Tangjun
- 12.9.1 Company Details
- 12.9.2 Micro EVs Product Offered
- 12.9.3 Tangjun Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Tangjun News
- 12.10 Yamaha
- 12.10.1 Company Details
- 12.10.2 Micro EVs Product Offered
- 12.10.3 Yamaha Micro EVs Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Yamaha News
- 12.11 Fulu
- 12.12 Xinyuzhou
- 12.13 GreenWheel EV
- 12.14 Incalu
- 12.15 Kandi
- 12.16 Renault
- 12.17 APACHE
- 12.18 Garia
- 12.19 Zheren
- 12.20 Ingersoll Rand
- 12.21 CitEcar Electric Vehicles
- 12.22 Eagle
- 12.23 Taiqi
13 Research Findings and Conclusion
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 Growth 2019-2024. 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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