Low Speed Vehicle Market in South Korea - Manufacturing and Consumption, Outlook and Forecast 2020-2026

April 2020 | 102 pages | ID: L75EE22A406BEN
Market Monitor Global

Abstracts

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).

This report contains market size and forecasts of Low Speed Vehicle in South Korea, including the following market information:
South Korea Low Speed Vehicle Market Revenue, 2015-2020, 2021-2026, ($ millions)
South Korea Low Speed Vehicle Market Consumption, 2015-2020, 2021-2026, (K Units)
South Korea Low Speed Vehicle Production Capacity, 2015-2020, 2021-2026, (K Units)

Top Five Competitors in South Korea Low Speed Vehicle Market 2019 (%)
The global Low Speed Vehicle market was valued at 4327.6 million in 2019 and is projected to reach US$ 5469.5 million by 2026, at a CAGR of 6.0% during the forecast period. While the Low Speed Vehicle market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low Speed Vehicle manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.

This report also analyses and evaluates the COVID-19 impact on Low Speed Vehicle production and consumption in South Korea

Total Market by Segment:

South Korea Low Speed Vehicle Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Low Speed Vehicle Market Segment Percentages, By Type, 2019 (%)

• Electric
• Diesel
• Gasoline

South Korea Low Speed Vehicle Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
South Korea Low Speed Vehicle Market Segment Percentages, By Application, 2019 (%)

• Personal Use
• Public Utilities
• Golf Cart
• Sightseeing Cars
• Other

Competitor Analysis
The report also provides analysis of leading market participants including:
Total Low Speed Vehicle Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Low Speed Vehicle Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Total South Korea Low Speed Vehicle Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total South Korea Low Speed Vehicle Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:

• Byvin Corporation
• Yogomo
• Shifeng
• Ingersoll Rand
• Dojo
• Textron
• Lichi
• Polaris
• Yamaha
• GreenWheel EV
• Xinyuzhou
• Renault
• Eagle

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Low Speed Vehicle Market Definition
1.2 Market Segments
  1.2.1 Segment by Type
  1.2.2 Segment by Application
1.3 South Korea Low Speed Vehicle Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 COVID-19 IMPACT: SOUTH KOREA LOW SPEED VEHICLE OVERALL MARKET SIZE

2.1 South Korea Low Speed Vehicle Market Size: 2020 VS 2026
2.2 South Korea Low Speed Vehicle Revenue, Prospects & Forecasts: 2015-2026
2.3 South Korea Low Speed Vehicle Sales (Consumption): 2015-2026

3 COMPANY LANDSCAPE

3.1 Top Low Speed Vehicle Players in South Korea (including Foreign and Local Companies)
3.2 Top South Korea Low Speed Vehicle Companies Ranked by Revenue
3.3 South Korea Low Speed Vehicle Revenue by Companies (including Foreign and Local Companies)
3.4 South Korea Low Speed Vehicle Sales by Companies (including Foreign and Local Companies)
3.5 South Korea Low Speed Vehicle Price by Manufacturer (2015-2020)
3.6 Top 3 and Top 5 Low Speed Vehicle Companies in South Korea, by Revenue in 2019
3.7 South Korea Manufacturers Low Speed Vehicle Product Type
3.8 Tier 1, Tier 2 and Tier 3 Low Speed Vehicle Players in South Korea
  3.8.1 List of South Korea Tier 1 Low Speed Vehicle Companies
  3.8.2 List of South Korea Tier 2 and Tier 3 Low Speed Vehicle Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - South Korea Low Speed Vehicle Market Size Markets, 2020 & 2026
  4.1.2 Electric
  4.1.3 Diesel
  4.1.4 Gasoline
4.2 By Type - South Korea Low Speed Vehicle Revenue & Forecasts
  4.2.1 By Type - South Korea Low Speed Vehicle Revenue, 2015-2020
  4.2.2 By Type - South Korea Low Speed Vehicle Revenue, 2021-2026
  4.2.3 By Type - South Korea Low Speed Vehicle Revenue Market Share, 2015-2026
4.3 By Type - South Korea Low Speed Vehicle Sales & Forecasts
  4.3.1 By Type - South Korea Low Speed Vehicle Sales, 2015-2020
  4.3.2 By Type - South Korea Low Speed Vehicle Sales, 2021-2026
  4.3.3 By Type - South Korea Low Speed Vehicle Sales Market Share, 2015-2026
4.4 By Type - South Korea Low Speed Vehicle Price (Manufacturers Selling Prices), 2015-2026

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - South Korea Low Speed Vehicle Market Size, 2020 & 2026
  5.1.2 Personal Use
  5.1.3 Public Utilities
  5.1.4 Golf Cart
  5.1.5 Sightseeing Cars
  5.1.6 Other
5.2 By Application - South Korea Low Speed Vehicle Revenue & Forecasts
  5.2.1 By Application - South Korea Low Speed Vehicle Revenue, 2015-2020
  5.2.2 By Application - South Korea Low Speed Vehicle Revenue, 2021-2026
  5.2.3 By Application - South Korea Low Speed Vehicle Revenue Market Share, 2015-2026
5.3 By Application - South Korea Low Speed Vehicle Sales & Forecasts
  5.3.1 By Application - South Korea Low Speed Vehicle Sales, 2015-2020
  5.3.2 By Application - South Korea Low Speed Vehicle Sales, 2021-2026
  5.3.3 By Application - South Korea Low Speed Vehicle Sales Market Share, 2015-2026
5.4 By Application - South Korea Low Speed Vehicle Price (Manufacturers Selling Prices), 2015-2026

6 MANUFACTURERS & BRANDS PROFILES

6.1 Byvin Corporation
  6.1.1 Byvin Corporation Corporate Summary
  6.1.2 Byvin Corporation Business Overview
  6.1.3 Byvin Corporation Low Speed Vehicle Major Product Offerings
  6.1.4 Byvin Corporation Sales and Revenue in South Korea (2015-2020)
  6.1.5 Byvin Corporation Key News
6.2 Yogomo
  6.2.1 Yogomo Corporate Summary
  6.2.2 Yogomo Business Overview
  6.2.3 Yogomo Low Speed Vehicle Major Product Offerings
  6.2.4 Yogomo Sales and Revenue in South Korea (2015-2020)
  6.2.5 Yogomo Key News
6.3 Shifeng
  6.3.1 Shifeng Corporate Summary
  6.3.2 Shifeng Business Overview
  6.3.3 Shifeng Low Speed Vehicle Major Product Offerings
  6.3.4 Shifeng Sales and Revenue in South Korea (2015-2020)
  6.3.5 Shifeng Key News
6.4 Ingersoll Rand
  6.4.1 Ingersoll Rand Corporate Summary
  6.4.2 Ingersoll Rand Business Overview
  6.4.3 Ingersoll Rand Low Speed Vehicle Major Product Offerings
  6.4.4 Ingersoll Rand Sales and Revenue in South Korea (2015-2020)
  6.4.5 Ingersoll Rand Key News
6.5 Dojo
  6.5.1 Dojo Corporate Summary
  6.5.2 Dojo Business Overview
  6.5.3 Dojo Low Speed Vehicle Major Product Offerings
  6.5.4 Dojo Sales and Revenue in South Korea (2015-2020)
  6.5.5 Dojo Key News
6.6 Textron
  6.6.1 Textron Corporate Summary
  6.6.2 Textron Business Overview
  6.6.3 Textron Low Speed Vehicle Major Product Offerings
  6.6.4 Textron Sales and Revenue in South Korea (2015-2020)
  6.6.5 Textron Key News
6.7 Lichi
  6.6.1 Lichi Corporate Summary
  6.6.2 Lichi Business Overview
  6.6.3 Lichi Low Speed Vehicle Major Product Offerings
  6.4.4 Lichi Sales and Revenue in South Korea (2015-2020)
  6.7.5 Lichi Key News
6.8 Polaris
  6.8.1 Polaris Corporate Summary
  6.8.2 Polaris Business Overview
  6.8.3 Polaris Low Speed Vehicle Major Product Offerings
  6.8.4 Polaris Sales and Revenue in South Korea (2015-2020)
  6.8.5 Polaris Key News
6.9 Yamaha
  6.9.1 Yamaha Corporate Summary
  6.9.2 Yamaha Business Overview
  6.9.3 Yamaha Low Speed Vehicle Major Product Offerings
  6.9.4 Yamaha Sales and Revenue in South Korea (2015-2020)
  6.9.5 Yamaha Key News
6.10 GreenWheel EV
  6.10.1 GreenWheel EV Corporate Summary
  6.10.2 GreenWheel EV Business Overview
  6.10.3 GreenWheel EV Low Speed Vehicle Major Product Offerings
  6.10.4 GreenWheel EV Sales and Revenue in South Korea (2015-2020)
  6.10.5 GreenWheel EV Key News
6.11 Xinyuzhou
  6.11.1 Xinyuzhou Corporate Summary
  6.11.2 Xinyuzhou Low Speed Vehicle Business Overview
  6.11.3 Xinyuzhou Low Speed Vehicle Major Product Offerings
  6.11.4 Xinyuzhou Sales and Revenue in South Korea (2015-2020)
  6.11.5 Xinyuzhou Key News
6.12 Renault
  6.12.1 Renault Corporate Summary
  6.12.2 Renault Low Speed Vehicle Business Overview
  6.12.3 Renault Low Speed Vehicle Major Product Offerings
  6.12.4 Renault Sales and Revenue in South Korea (2015-2020)
  6.12.5 Renault Key News
6.13 Eagle
  6.13.1 Eagle Corporate Summary
  6.13.2 Eagle Low Speed Vehicle Business Overview
  6.13.3 Eagle Low Speed Vehicle Major Product Offerings
  6.13.4 Eagle Sales and Revenue in South Korea (2015-2020)
  6.13.5 Eagle Key News
6.14 Tangjun
  6.14.1 Tangjun Corporate Summary
  6.14.2 Tangjun Low Speed Vehicle Business Overview
  6.14.3 Tangjun Low Speed Vehicle Major Product Offerings
  6.14.4 Tangjun Sales and Revenue in South Korea (2015-2020)
  6.14.5 Tangjun Key News

7 LOW SPEED VEHICLE PRODUCTION CAPACITY, EXPORT AND IMPORT ANALYSIS

7.1 Low Speed Vehicle Production Capacity and Value in South Korea, Situation Analysis and Prediction, 2015-2026
  7.1.1 South Korea Low Speed Vehicle Production Capacity, 2015-2026
  7.1.2 South Korea Low Speed Vehicle Production 2015-2026
  7.1.3 South Korea Low Speed Vehicle Production Value 2015-2026
7.2 Key Local Low Speed Vehicle Manufacturers in South Korea
  7.2.1 South Korea Key Local Low Speed Vehicle Manufacturers Production Capacity
  7.2.2 South Korea Key Local Low Speed Vehicle Manufacturers Production
  7.2.3 South Korea Key Local Low Speed Vehicle Manufacturers Production Value
  7.2.4 The Proportion of Low Speed Vehicle Production Sold in South Korea and Sold Other Than South Korea by Manufacturers
7.3 Low Speed Vehicle Export and Import in South Korea
  7.3.1 South Korea Low Speed Vehicle Export Market
  7.3.2 South Korea Low Speed Vehicle Source of Imports

8 COVID-19 IMPACT: KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

8.1 PESTLE Analysis for South Korea Low Speed Vehicle Market
8.2 Market Opportunities & Trends
8.3 Market Drivers
8.4 Market Restraints

9 COVID-19 IMPACT ON LOW SPEED VEHICLE SUPPLY CHAIN ANALYSIS

9.1 Supply Chain Analysis
9.2 Upstream Market Analysis
9.3 Downstream and Clients Market Analysis
9.4 Marketing Channels Analysis
  9.4.1 Marketing Channels
  9.4.2 Low Speed Vehicle Distributors and Sales Agents in South Korea

10 CONCLUSION

11 APPENDIX

11.1 Note
11.2 Examples of Clients
11.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Key Players of Low Speed Vehicle in South Korea
Table 2. Top Players in South Korea, Ranking by Revenue (2019)
Table 3. South Korea Low Speed Vehicle Revenue by Companies, (US$, Mn), 2015-2020
Table 4. South Korea Low Speed Vehicle Revenue Share by Companies, 2015-2020
Table 5. South Korea Low Speed Vehicle Sales by Companies, (K Units), 2015-2020
Table 6. South Korea Low Speed Vehicle Sales Share by Companies, 2015-2020
Table 7. Key Manufacturers Low Speed Vehicle Price (2015-2020) (USD/Unit)
Table 8. South Korea Manufacturers Low Speed Vehicle Product Type
Table 9. List of South Korea Tier 1 Low Speed Vehicle Companies, Revenue (US$, Mn) in 2019 and Market Share
Table 10. List of South Korea Tier 2 and Tier 3 Low Speed Vehicle Companies, Revenue (US$, Mn) in 2019 and Market Share
Table 11. By Type - Low Speed Vehicle Revenue in South Korea (US$, Mn), 2015-2020
Table 12. By Type - Low Speed Vehicle Revenue in South Korea (US$, Mn), 2021-2026
Table 13. By Type - Low Speed Vehicle Sales in South Korea (K Units), 2015-2020
Table 14. By Type - Low Speed Vehicle Sales in South Korea (K Units), 2021-2026
Table 15. By Application - Low Speed Vehicle Revenue in South Korea, (US$, Mn), 2015-2020
Table 16. By Application - Low Speed Vehicle Revenue in South Korea, (US$, Mn), 2021-2026
Table 17. By Application - Low Speed Vehicle Sales in South Korea, (K Units), 2015-2020
Table 18. By Application - Low Speed Vehicle Sales in South Korea, (K Units), 2021-2026
Table 19. Byvin Corporation Corporate Summary
Table 20. Byvin Corporation Low Speed Vehicle Product Offerings
Table 21. Byvin Corporation Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 22. Yogomo Corporate Summary
Table 23. Yogomo Low Speed Vehicle Product Offerings
Table 24. Yogomo Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 25. Shifeng Corporate Summary
Table 26. Shifeng Low Speed Vehicle Product Offerings
Table 27. Shifeng Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 28. Ingersoll Rand Corporate Summary
Table 29. Ingersoll Rand Low Speed Vehicle Product Offerings
Table 30. Ingersoll Rand Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 31. Dojo Corporate Summary
Table 32. Dojo Low Speed Vehicle Product Offerings
Table 33. Dojo Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 34. Textron Corporate Summary
Table 35. Textron Low Speed Vehicle Product Offerings
Table 36. Textron Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 37. Lichi Corporate Summary
Table 38. Lichi Low Speed Vehicle Product Offerings
Table 39. Lichi Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 40. Polaris Corporate Summary
Table 41. Polaris Low Speed Vehicle Product Offerings
Table 42. Polaris Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 43. Yamaha Corporate Summary
Table 44. Yamaha Low Speed Vehicle Product Offerings
Table 45. Yamaha Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 46. GreenWheel EV Corporate Summary
Table 47. GreenWheel EV Low Speed Vehicle Product Offerings
Table 48. GreenWheel EV Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 49. Xinyuzhou Corporate Summary
Table 50. Xinyuzhou Low Speed Vehicle Product Offerings
Table 51. Xinyuzhou Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 52. Renault Corporate Summary
Table 53. Renault Low Speed Vehicle Product Offerings
Table 54. Renault Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 55. Eagle Corporate Summary
Table 56. Eagle Low Speed Vehicle Product Offerings
Table 57. Eagle Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 58. Tangjun Corporate Summary
Table 59. Tangjun Low Speed Vehicle Product Offerings
Table 60. Tangjun Low Speed Vehicle Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2015-2020)
Table 61. Low Speed Vehicle Production Capacity (K Units) of Local Manufacturers in South Korea, 2015-2020
Table 62. Low Speed Vehicle Production (K Units) of Local Manufacturers in South Korea, 2015-2020
Table 63. South Korea Low Speed Vehicle Production Market Share of Local Manufacturers, 2015-2020
Table 64. Low Speed Vehicle Production Value (US$, Mn) of Local Manufacturers in South Korea, 2015-2020
Table 65. South Korea Low Speed Vehicle Production Value Market Share of Local Manufacturers, 2015-2020
Table 66. The Percentage of Low Speed Vehicle Production Sold in South Korea and Sold Other Than South Korea by Manufacturers
Table 67. The Percentage of Low Speed Vehicle Production Sold in South Korea and Sold Other Than South Korea by Manufacturers
Table 68. Dangeguojia Low Speed Vehicle Sales (Consumption), Production, Export and Import, 2015-2020
Table 69. Raw Materials and Suppliers
Table 70. Low Speed Vehicle Downstream Clients in South Korea
Table 71. Low Speed Vehicle Distributors and Sales Agents in South Korea

List Of Figures

LIST OF FIGURES

Figure 1. Low Speed Vehicle Segment by Type
Figure 2. Low Speed Vehicle Segment by Application
Figure 3. Dangeguojia Low Speed Vehicle Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Low Speed Vehicle Market Size in South Korea, (US$, Mn) & (K Units): 2020 VS 2026
Figure 6. South Korea Low Speed Vehicle Revenue, 2015-2026 (US$, Mn)
Figure 7. Low Speed Vehicle Sales in South Korea: 2015-2026 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by Low Speed Vehicle Revenue in 2019
Figure 9. By Type - South Korea Low Speed Vehicle Incremental Growth, (US$, Mn), 2015-2026
Figure 10. By Type - South Korea Low Speed Vehicle Market Share, 2015-2020
Figure 11. By Type - South Korea Low Speed Vehicle Market Share, 2020-2026
Figure 12. By Type - South Korea Low Speed Vehicle Price (USD/Unit), 2015-2026
Figure 13. By Application - Low Speed Vehicle Revenue in South Korea (US$, Mn), 2020 & 2026
Figure 14. By Application - South Korea Low Speed Vehicle Market Share, 2015-2020
Figure 15. By Application - South Korea Low Speed Vehicle Market Share, 2020-2026
Figure 16. By Application -South Korea Low Speed Vehicle Price (USD/Unit), 2015-2026
Figure 17. South Korea Low Speed Vehicle Production Capacity (K Units), 2015-2026
Figure 18. South Korea Low Speed Vehicle Actual Output (K Units), 2015-2026
Figure 19. South Korea Low Speed Vehicle Production Value (US$, Mn), 2015-2026
Figure 20. The Percentage of South Korea Low Speed Vehicle Export Destination, 2019
Figure 21. The Source of Imports of South Korea Low Speed Vehicle, 2019
Figure 22. PEST Analysis for South Korea Low Speed Vehicle Market in 2020
Figure 23. Low Speed Vehicle Market Opportunities & Trends in South Korea
Figure 24. Low Speed Vehicle Market Drivers in South Korea
Figure 25. Low Speed Vehicle Market Restraints in South Korea
Figure 26. Low Speed Vehicle Industry Value Chain