Low Speed New Energy Vehicle is a legal class of 4-wheel electric vehicles that have a maximum capable speed typically around 25 mph (40 km/h), and have a maximum loaded weight of 3,000 lb (1,400 kg).
This report contains market size and forecasts of Low Speed New Energy Vehicle in global, including the following market information:
Global Low Speed New Energy Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low Speed New Energy Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Low Speed New Energy Vehicle companies in 2021 (%)
The global Low Speed New Energy Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Power Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low Speed New Energy Vehicle include Byvin Corporation, Renault, Yogomo, Ingersoll Rand, Textron, Shifeng, Polaris, Yamaha and Lichi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Speed New Energy Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Speed New Energy Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Speed New Energy Vehicle Market Segment Percentages, by Type, 2021 (%)
Electric Power Vehicle
Gas Power Vehicle
Global Low Speed New Energy Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Speed New Energy Vehicle Market Segment Percentages, by Application, 2021 (%)
Personal Use
Public Utilities
Golf Cart
Sightseeing Cars
Other
Global Low Speed New Energy Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Low Speed New Energy Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Speed New Energy Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low Speed New Energy Vehicle revenues share in global market, 2021 (%)
Key companies Low Speed New Energy Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Low Speed New Energy Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Byvin Corporation
Renault
Yogomo
Ingersoll Rand
Textron
Shifeng
Polaris
Yamaha
Lichi
Yika
Xinyuzhou
Shenzhen Marshell Green Power
Eagle