Low Speed Electric Vehicle Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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Low Speed Electric Vehicle Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The global low speed electric vehicle market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Low Speed Electric Vehicle Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Low Speed Electric Vehicle Market Research
and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Low Speed Electric Vehicle Market Global
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2023-2028," the global low speed
    electric vehicle market size reached US 4.6
    Billion in 2022.
  • Electric vehicles (EVs) run on electric motors
    instead of internal combustion engines, which
    produce power by burning a mixture of fuels and
    gases. The electric motor is powered by batteries
    and connected to a wall outlet or electric
    vehicle supply equipment (EVSE). They have fewer
    moving parts that require maintenance and are
    highly efficient and cost-effective.
  • They are eco-friendly as they do not generate
    greenhouse gases, such as ozone (O3), methane
    (CH4), nitrous oxide (N2O), carbon dioxide (CO2),
    hydrochlorofluorocarbons (HCFCs), and
    hydrofluorocarbons (HFCs). At present, low-speed
    electric vehicles (LSEVs) are gaining immense
    traction across the globe as they can be charged
    from electrical outlets at home, eliminating the
    need for charging stations.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/low-speed-electric-vehi
    cle-market/requestsample

4
Report Description
  • Global Low Speed Electric Vehicle Market Trends
  • The rapid expansion in the automobile industry
    and the surging adoption of 3D printing
    technology for vehicle customization represent
    the primary factors driving the market growth.
    Moreover, the rising awareness regarding the
    benefits of using LSEV as a low-cost and
    eco-friendly transportation option is positively
    influencing the market growth. Additionally,
    governments of numerous countries are taking
    favorable initiatives for offering relaxation in
    legal age limits and driver licensing for LSEVs.
    In line with this, the provision of lucrative
    purchase subsidies and vehicle purchase and
    registration tax rebates for promoting EV use has
    catalyzed market growth.
  • Besides this, the rising demand for
    high-performance and fuel-efficient vehicles is
    another major growth-inducing factor.
    Furthermore, several key players are investing in
    research and development (RD) activities to
    develop low-cost lithium-ion batteries. Along
    with this, the shifting consumer inclination
    toward autonomous vehicles and recent innovations
    in battery technology are propelling the market
    growth. Other factors, including technological
    advancements in EVs, depleting fossil fuel
    reserves, inflating fuel prices, and rising
    pollution levels, are also anticipated to provide
    a positive thrust to the market growth.
  • Looking forward, IMARC Group expects the market
    value to reach US 10.4 Billion by 2028,
    expanding at a CAGR of 13.8 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/low-speed-electric-vehi
    cle-market

5
Report Segmentation
  • Breakup by Product
  • Two-wheelers
  • Three-wheelers
  • Four-wheelers
  •  
  • Breakup by Vehicle Type
  • Passenger LSEV
  • Heavy-duty LSEV
  • Utility LSEV
  • Off-road LSEV
  • Breakup by Voltage
  • 24V
  • 36V
  • 48V

6
Report Segmentation
  • 60V
  • 72V
  • Breakup by Battery
  • Lithium-Ion Battery
  • Lead-Acid Battery
  • Others
  • Breakup by End User
  • Golf Courses
  • Tourist Destinations
  • Hotels and Resorts
  • Airports
  • Residential and Commercial Premises
  • Others

7
Report Segmentation
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

8
Competitive Landscape with Key Players
  • AGT Electric Cars
  • Bintelli Electric Vehicles
  • Bradshaw Electric Vehicles
  • HDK Electric Vehicle
  • Hero Electric Vehicles Pvt Ltd
  • Polaris Inc.
  • Speedways Electric
  • Terra Motors Corporation
  • Textron Inc.

9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Low Speed Electric
    Vehicle Market    5.1    Market Overview    5.2
       Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product    6.1  
     Two-wheelers        6.1.1 Market Trends       
    6.1.2 Market Forecast    6.2    Three-wheelers 
          6.2.1 Market Trends        6.2.2 Market
    Forecast    6.3    Four-wheelers        6.3.1
    Market Trends        6.3.2 Market Forecast7  
    Market Breakup by Vehicle Type       

11
Table of Contents
  •     7.1    Passenger LSEV        7.1.1 Market
    Trends        7.1.2 Market Forecast    7.2  
     Heavy-duty LSEV        7.2.1 Market Trends   
        7.2.2 Market Forecast    7.3    Utility
    LSEV        7.3.1 Market Trends        7.3.2
    Market Forecast    7.4    Off-road LSEV       
    7.4.1 Market Trends        7.4.2 Market
    Forecast8   Market Breakup by Voltage    8.1  
     24V        8.1.1 Market Trends        8.1.2
    Market Forecast    8.2    36V        8.2.1
    Market Trends        8.2.2 Market Forecast   
    8.3    48V        8.3.1 Market Trends       
    8.3.2 Market Forecast    8.4    60V       
    8.4.1 Market Trends        8.4.2 Market
    Forecast
  • For more information, visit https//www.imarcgrou
    p.com/low-speed-electric-vehicle-market/toc

12
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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