- call +1-201-465-4211
- email sales@mrinsights.biz
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).
Scope of the Report:
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%.
The worldwide market for Low Speed Vehicle is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 5101.8 million US$ in 2024, from 3807.1 million US$ in 2019.
This report focuses on the Low Speed Vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Byvin Corporation
Yogomo
Shifeng
Ingersoll Rand
Dojo
Textron
Lichi
Polaris
Yamaha
GreenWheel EV
Xinyuzhou
Renault
Eagle
Tangjun
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electric
Diesel
Gasoline
Market Segment by Applications, can be divided into
Personal Use
Public Utilities
Golf Cart
Sightseeing Cars
Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Low Speed Vehicle product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Low Speed Vehicle, with price, sales, revenue and global market share of Low Speed Vehicle in 2017 and 2018.
Chapter 3, the Low Speed Vehicle competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Low Speed Vehicle breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Low Speed Vehicle market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Low Speed Vehicle sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Low Speed Vehicle Introduction
1.2 Market Analysis by Type
1.2.1 Electric
1.2.2 Diesel
1.2.3 Gasoline
1.3 Market Analysis by Applications
1.3.1 Personal Use
1.3.2 Public Utilities
1.3.3 Golf Cart
1.3.4 Sightseeing Cars
1.3.5 Other
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Byvin Corporation
2.1.1 Business Overview
2.1.2 Low Speed Vehicle Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Byvin Corporation Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Yogomo
2.2.1 Business Overview
2.2.2 Low Speed Vehicle Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Yogomo Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Shifeng
2.3.1 Business Overview
2.3.2 Low Speed Vehicle Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Shifeng Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Ingersoll Rand
2.4.1 Business Overview
2.4.2 Low Speed Vehicle Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Ingersoll Rand Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Dojo
2.5.1 Business Overview
2.5.2 Low Speed Vehicle Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Dojo Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 Textron
2.6.1 Business Overview
2.6.2 Low Speed Vehicle Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Textron Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Lichi
2.7.1 Business Overview
2.7.2 Low Speed Vehicle Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Lichi Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Polaris
2.8.1 Business Overview
2.8.2 Low Speed Vehicle Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Polaris Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Yamaha
2.9.1 Business Overview
2.9.2 Low Speed Vehicle Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Yamaha Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 GreenWheel EV
2.10.1 Business Overview
2.10.2 Low Speed Vehicle Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 GreenWheel EV Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.11 Xinyuzhou
2.11.1 Business Overview
2.11.2 Low Speed Vehicle Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Xinyuzhou Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.12 Renault
2.12.1 Business Overview
2.12.2 Low Speed Vehicle Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Renault Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.13 Eagle
2.13.1 Business Overview
2.13.2 Low Speed Vehicle Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Eagle Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.14 Tangjun
2.14.1 Business Overview
2.14.2 Low Speed Vehicle Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Tangjun Low Speed Vehicle Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Low Speed Vehicle Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Low Speed Vehicle Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Low Speed Vehicle Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Low Speed Vehicle Manufacturer Market Share in 2018
3.3.2 Top 6 Low Speed Vehicle Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Low Speed Vehicle Market Analysis by Regions
4.1 Global Low Speed Vehicle Sales, Revenue and Market Share by Regions
4.1.1 Global Low Speed Vehicle Sales and Market Share by Regions (2014-2019)
4.1.2 Global Low Speed Vehicle Revenue and Market Share by Regions (2014-2019)
4.2 North America Low Speed Vehicle Sales and Growth Rate (2014-2019)
4.3 Europe Low Speed Vehicle Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Low Speed Vehicle Sales and Growth Rate (2014-2019)
4.5 South America Low Speed Vehicle Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Low Speed Vehicle Sales and Growth Rate (2014-2019)
5 North America Low Speed Vehicle by Country
5.1 North America Low Speed Vehicle Sales, Revenue and Market Share by Country
5.1.1 North America Low Speed Vehicle Sales and Market Share by Country (2014-2019)
5.1.2 North America Low Speed Vehicle Revenue and Market Share by Country (2014-2019)
5.2 United States Low Speed Vehicle Sales and Growth Rate (2014-2019)
5.3 Canada Low Speed Vehicle Sales and Growth Rate (2014-2019)
5.4 Mexico Low Speed Vehicle Sales and Growth Rate (2014-2019)
6 Europe Low Speed Vehicle by Country
6.1 Europe Low Speed Vehicle Sales, Revenue and Market Share by Country
6.1.1 Europe Low Speed Vehicle Sales and Market Share by Country (2014-2019)
6.1.2 Europe Low Speed Vehicle Revenue and Market Share by Country (2014-2019)
6.2 Germany Low Speed Vehicle Sales and Growth Rate (2014-2019)
6.3 UK Low Speed Vehicle Sales and Growth Rate (2014-2019)
6.4 France Low Speed Vehicle Sales and Growth Rate (2014-2019)
6.5 Russia Low Speed Vehicle Sales and Growth Rate (2014-2019)
6.6 Italy Low Speed Vehicle Sales and Growth Rate (2014-2019)
7 Asia-Pacific Low Speed Vehicle by Country
7.1 Asia-Pacific Low Speed Vehicle Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific Low Speed Vehicle Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific Low Speed Vehicle Revenue and Market Share by Country (2014-2019)
7.2 China Low Speed Vehicle Sales and Growth Rate (2014-2019)
7.3 Japan Low Speed Vehicle Sales and Growth Rate (2014-2019)
7.4 Korea Low Speed Vehicle Sales and Growth Rate (2014-2019)
7.5 India Low Speed Vehicle Sales and Growth Rate (2014-2019)
7.6 Southeast Asia Low Speed Vehicle Sales and Growth Rate (2014-2019)
8 South America Low Speed Vehicle by Country
8.1 South America Low Speed Vehicle Sales, Revenue and Market Share by Country
8.1.1 South America Low Speed Vehicle Sales and Market Share by Country (2014-2019)
8.1.2 South America Low Speed Vehicle Revenue and Market Share by Country (2014-2019)
8.2 Brazil Low Speed Vehicle Sales and Growth Rate (2014-2019)
8.3 Argentina Low Speed Vehicle Sales and Growth Rate (2014-2019)
8.4 Colombia Low Speed Vehicle Sales and Growth Rate (2014-2019)
9 Middle East and Africa Low Speed Vehicle by Countries
9.1 Middle East and Africa Low Speed Vehicle Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Low Speed Vehicle Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Low Speed Vehicle Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Low Speed Vehicle Sales and Growth Rate (2014-2019)
9.3 Turkey Low Speed Vehicle Sales and Growth Rate (2014-2019)
9.4 Egypt Low Speed Vehicle Sales and Growth Rate (2014-2019)
9.5 Nigeria Low Speed Vehicle Sales and Growth Rate (2014-2019)
9.6 South Africa Low Speed Vehicle Sales and Growth Rate (2014-2019)
10 Global Low Speed Vehicle Market Segment by Type
10.1 Global Low Speed Vehicle Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global Low Speed Vehicle Sales and Market Share by Type (2014-2019)
10.1.2 Global Low Speed Vehicle Revenue and Market Share by Type (2014-2019)
10.2 Electric Sales Growth and Price
10.2.1 Global Electric Sales Growth (2014-2019)
10.2.2 Global Electric Price (2014-2019)
10.3 Diesel Sales Growth and Price
10.3.1 Global Diesel Sales Growth (2014-2019)
10.3.2 Global Diesel Price (2014-2019)
10.4 Gasoline Sales Growth and Price
10.4.1 Global Gasoline Sales Growth (2014-2019)
10.4.2 Global Gasoline Price (2014-2019)
11 Global Low Speed Vehicle Market Segment by Application
11.1 Global Low Speed Vehicle Sales Market Share by Application (2014-2019)
11.2 Personal Use Sales Growth (2014-2019)
11.3 Public Utilities Sales Growth (2014-2019)
11.4 Golf Cart Sales Growth (2014-2019)
11.5 Sightseeing Cars Sales Growth (2014-2019)
11.6 Other Sales Growth (2014-2019)
12 Low Speed Vehicle Market Forecast (2019-2024)
12.1 Global Low Speed Vehicle Sales, Revenue and Growth Rate (2019-2024)
12.2 Low Speed Vehicle Market Forecast by Regions (2019-2024)
12.2.1 North America Low Speed Vehicle Market Forecast (2019-2024)
12.2.2 Europe Low Speed Vehicle Market Forecast (2019-2024)
12.2.3 Asia-Pacific Low Speed Vehicle Market Forecast (2019-2024)
12.2.4 South America Low Speed Vehicle Market Forecast (2019-2024)
12.2.5 Middle East and Africa Low Speed Vehicle Market Forecast (2019-2024)
12.3 Low Speed Vehicle Market Forecast by Type (2019-2024)
12.3.1 Global Low Speed Vehicle Sales Forecast by Type (2019-2024)
12.3.2 Global Low Speed Vehicle Market Share Forecast by Type (2019-2024)
12.4 Low Speed Vehicle Market Forecast by Application (2019-2024)
12.4.1 Global Low Speed Vehicle Sales Forecast by Application (2019-2024)
12.4.2 Global Low Speed Vehicle Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Low Speed Vehicle Picture
Table Product Specifications of Low Speed Vehicle
Figure Global Sales Market Share of Low Speed Vehicle by Types in 2018
Table
ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems
Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system
Global Outreach6 Major regions and 40+ countries level analysis accomplished
Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery
